300487 Stock | | | 55.27 2.08 3.91% |
Xian Sunresin financial indicator trend analysis is more than just analyzing Xian Sunresin New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xian Sunresin New is a good investment. Please check the relationship between Xian Sunresin Inventory and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xian Sunresin New. 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.
Inventory vs Retained Earnings
Inventory vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xian Sunresin New Inventory account and
Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between Xian Sunresin's Inventory and Retained Earnings is 0.99. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Xian Sunresin New, assuming nothing else is changed. The correlation between historical values of Xian Sunresin's Inventory 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 Inventory of Xian Sunresin New 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 Inventory i.e., Xian Sunresin's Inventory and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
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 Xian Sunresin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xian Sunresin New 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 Xian Sunresin New. 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 57.8
M. The current year's
Tax Provision is expected to grow to about 100.7
MXian Sunresin fundamental ratios Correlations
Click cells to compare fundamentals
Xian Sunresin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xian Sunresin fundamental ratios Accounts
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Other Information on Investing in Xian Stock
Balance Sheet is a snapshot of the
financial position of Xian Sunresin New at a specified time, usually calculated after every quarter, six months, or one year. Xian Sunresin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xian Sunresin 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 Xian currently owns. An asset can also be divided into two categories, current and non-current.