600160 Stock | | | 22.37 0.28 1.27% |
Zhejiang Juhua financial indicator trend analysis is more than just analyzing Zhejiang Juhua current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Juhua is a good investment. Please check the relationship between Zhejiang Juhua Other Assets and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Juhua Co. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Juhua Other Assets account and
Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zhejiang Juhua's Other Assets and Other Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Zhejiang Juhua Co, assuming nothing else is changed. The correlation between historical values of Zhejiang Juhua's Other Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Zhejiang Juhua Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Assets i.e., Zhejiang Juhua's Other Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Zhejiang Juhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Juhua 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 Zhejiang Juhua Co. 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
Tax Provision is expected to grow to about 141
M, whereas
Selling General Administrative is forecasted to decline to about 201.7
M.
Balance Sheet is a snapshot of the
financial position of Zhejiang Juhua at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Juhua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Juhua 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.