600223 Stock | | | 7.14 0.13 1.85% |
Lushang Property financial indicator trend analysis is infinitely more than just investigating Lushang Property recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lushang Property is a good investment. Please check the relationship between Lushang Property Net Income and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lushang Property 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.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lushang Property Net Income account and
Capital Expenditures. At this time, the significance of the direction appears to have no relationship.
The correlation between Lushang Property's Net Income and Capital Expenditures is 0.04. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Lushang Property Co, assuming nothing else is changed. The correlation between historical values of Lushang Property's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Lushang Property Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Lushang Property's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Lushang Property financial statement analysis. It represents the amount of money remaining after all of Lushang Property Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Capital Expenditures
Capital Expenditures are funds used by Lushang Property to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Lushang Property operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Lushang Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lushang Property 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 Lushang Property 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
Selling General Administrative is expected to grow to about 1.5
B, whereas
Tax Provision is forecasted to decline to about 44.5
M.
Lushang Property fundamental ratios Correlations
Click cells to compare fundamentals
Lushang Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lushang Property fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Lushang Stock
Balance Sheet is a snapshot of the
financial position of Lushang Property at a specified time, usually calculated after every quarter, six months, or one year. Lushang Property Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lushang Property 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 Lushang currently owns. An asset can also be divided into two categories, current and non-current.