| 600470 Stock | | | 5.37 0.02 0.37% |
Anhui Liuguo financial indicator trend analysis is way more than just evaluating Anhui Liuguo Chemical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Liuguo Chemical is a good investment. Please check the relationship between Anhui Liuguo Net Receivables and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Liuguo Chemical. 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
Anhui Liuguo Chemical Net Receivables account and
Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Anhui Liuguo's Net Receivables and Total Revenue is 0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Anhui Liuguo Chemical, assuming nothing else is changed. The correlation between historical values of Anhui Liuguo's Net Receivables and Total Revenue 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 Receivables of Anhui Liuguo Chemical are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., Anhui Liuguo's Net Receivables and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total revenue comprises all receipts Anhui Liuguo Chemical generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Anhui Liuguo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Liuguo Chemical 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 Anhui Liuguo Chemical. 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.
At present, Anhui Liuguo's
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 15.8
M, whereas
Discontinued Operations is projected to grow to (353.8
M).
Balance Sheet is a snapshot of the
financial position of Anhui Liuguo Chemical at a specified time, usually calculated after every quarter, six months, or one year. Anhui Liuguo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Liuguo 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.