| 600016 Stock | | | 3.95 0.02 0.51% |
China Minsheng financial indicator trend analysis is way more than just evaluating China Minsheng Banking prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Minsheng Banking is a good investment. Please check the relationship between China Minsheng Change To Netincome and its End Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Minsheng Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Minsheng Banking Change To Netincome account and
End Period Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between China Minsheng's Change To Netincome and End Period Cash Flow is 0.35. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of China Minsheng Banking, assuming nothing else is changed. The correlation between historical values of China Minsheng's Change To Netincome and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of China Minsheng Banking are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Change To Netincome i.e., China Minsheng's Change To Netincome and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Most indicators from China Minsheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Minsheng Banking 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 China Minsheng Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of November 27, 2024,
Selling General Administrative is expected to decline to about 38
B. In addition to that,
Tax Provision is expected to decline to about 1.3
BBalance Sheet is a snapshot of the
financial position of China Minsheng Banking at a specified time, usually calculated after every quarter, six months, or one year. China Minsheng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Minsheng 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 China currently owns. An asset can also be divided into two categories, current and non-current.