600729 Stock | | | 30.23 0.29 0.97% |
Chongqing Department financial indicator trend analysis is way more than just evaluating Chongqing Department prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Department is a good investment. Please check the relationship between Chongqing Department Net Receivables and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Department Store. 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
Chongqing Department Net Receivables account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chongqing Department's Net Receivables and Non Current Liabilities Total is -0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Chongqing Department Store, assuming nothing else is changed. The correlation between historical values of Chongqing Department's Net Receivables and Non Current Liabilities Total 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 Chongqing Department Store are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Chongqing Department's Net Receivables and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Chongqing Department's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Department 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 Chongqing Department Store. 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.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 2.4
B. In addition to that,
Tax Provision is expected to decline to about 99.6
MBalance Sheet is a snapshot of the
financial position of Chongqing Department at a specified time, usually calculated after every quarter, six months, or one year. Chongqing Department Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chongqing Department 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 Chongqing currently owns. An asset can also be divided into two categories, current and non-current.