| 600825 Stock | | | 6.14 0.04 0.66% |
Shanghai Xinhua financial indicator trend analysis is much more than just breaking down Shanghai Xinhua Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Xinhua Media is a good investment. Please check the relationship between Shanghai Xinhua End Period Cash Flow and its Change To Account Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Xinhua Media. 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
Shanghai Xinhua Media End Period Cash Flow account and
Change To Account Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai Xinhua's End Period Cash Flow and Change To Account Receivables is 0.42. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Shanghai Xinhua Media, assuming nothing else is changed. The correlation between historical values of Shanghai Xinhua's End Period Cash Flow and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Shanghai Xinhua Media are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of End Period Cash Flow i.e., Shanghai Xinhua's End Period Cash Flow and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.42 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Most indicators from Shanghai Xinhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Xinhua Media 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 Shanghai Xinhua Media. 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 364.1
M, whereas
Tax Provision is forecasted to decline to about 4.5
M.
Balance Sheet is a snapshot of the
financial position of Shanghai Xinhua Media at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Xinhua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Xinhua 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.