600141 Stock | | | 22.87 1.85 7.48% |
Hubei Xingfa financial indicator trend analysis is much more than just examining Hubei Xingfa Chemicals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Xingfa Chemicals is a good investment. Please check the relationship between Hubei Xingfa Short Term Investments and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Xingfa Chemicals. 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.
Short Term Investments vs Retained Earnings
Short Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hubei Xingfa Chemicals Short Term Investments account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Xingfa's Short Term Investments and Retained Earnings is 0.47. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Hubei Xingfa Chemicals, assuming nothing else is changed. The correlation between historical values of Hubei Xingfa's Short Term Investments 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 Short Term Investments of Hubei Xingfa Chemicals 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 Short Term Investments i.e., Hubei Xingfa's Short Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Hubei Xingfa balance sheet. It contains any investments Hubei Xingfa Chemicals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hubei Xingfa Chemicals can easily liquidate in the marketplace.
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 Hubei Xingfa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Xingfa Chemicals 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 Hubei Xingfa Chemicals. 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 410.7
M. The current year's
Tax Provision is expected to grow to about 367.3
MHubei Xingfa fundamental ratios Correlations
Click cells to compare fundamentals
Hubei Xingfa Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hubei Xingfa fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hubei Stock
Balance Sheet is a snapshot of the
financial position of Hubei Xingfa Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Hubei Xingfa Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Xingfa 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 Hubei currently owns. An asset can also be divided into two categories, current and non-current.