002625 Stock | | | 40.13 0.73 1.85% |
Kuang Chi financial indicator trend analysis is infinitely more than just investigating Kuang Chi Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuang Chi Technologies is a good investment. Please check the relationship between Kuang Chi Net Receivables and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kuang Chi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Net Receivables vs Retained Earnings
Net Receivables vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kuang Chi Technologies Net Receivables account and
Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kuang Chi's Net Receivables and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Kuang Chi Technologies, assuming nothing else is changed. The correlation between historical values of Kuang Chi's Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Kuang Chi Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Kuang Chi's Net Receivables and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Kuang Chi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuang Chi Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kuang Chi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 44.9
M, whereas
Tax Provision is forecasted to decline to about 44.3
M.
Kuang Chi fundamental ratios Correlations
Click cells to compare fundamentals
Kuang Chi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kuang Chi fundamental ratios Accounts
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Other Information on Investing in Kuang Stock
Balance Sheet is a snapshot of the
financial position of Kuang Chi Technologies at a specified time, usually calculated after every quarter, six months, or one year. Kuang Chi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kuang Chi and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kuang currently owns. An asset can also be divided into two categories, current and non-current.