600536 Stock | | | 54.10 1.34 2.42% |
China National financial indicator trend analysis is way more than just evaluating China National Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China National Software is a good investment. Please check the relationship between China National Total Revenue and its Discontinued Operations accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China National Software. 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.
Total Revenue vs Discontinued Operations
Total Revenue vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China National Software Total Revenue account and
Discontinued Operations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China National's Total Revenue and Discontinued Operations is 0.44. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of China National Software, assuming nothing else is changed. The correlation between historical values of China National's Total Revenue and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of China National Software are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Total Revenue i.e., China National's Total Revenue and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts China National Software 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.
Discontinued Operations
Most indicators from China National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China National Software 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 China National Software. 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 676.1
M, whereas Discontinued Operations is forecasted to decline to (743.4
K).
China National fundamental ratios Correlations
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China National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China National fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China National Software at a specified time, usually calculated after every quarter, six months, or one year. China National Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China National 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 China currently owns. An asset can also be divided into two categories, current and non-current.