600201 Stock | | | 7.32 0.34 4.87% |
Jinyu Bio financial indicator trend analysis is infinitely more than just investigating Jinyu Bio Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinyu Bio Technology is a good investment. Please check the relationship between Jinyu Bio Other Liab and its Treasury Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinyu Bio Technology 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 board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jinyu Bio Technology Other Liab account and
Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Jinyu Bio's Other Liab and Treasury Stock is -0.77. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Jinyu Bio Technology Co, assuming nothing else is changed. The correlation between historical values of Jinyu Bio's Other Liab and Treasury Stock 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 Liab of Jinyu Bio Technology Co are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Other Liab i.e., Jinyu Bio's Other Liab and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Most indicators from Jinyu Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinyu Bio Technology 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 Jinyu Bio Technology 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 board of governors.
The current year's
Tax Provision is expected to grow to about 62.3
M, whereas
Selling General Administrative is forecasted to decline to about 230.1
M.
Balance Sheet is a snapshot of the
financial position of Jinyu Bio Technology at a specified time, usually calculated after every quarter, six months, or one year. Jinyu Bio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinyu Bio 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 Jinyu currently owns. An asset can also be divided into two categories, current and non-current.