600825 Stock | | | 6.25 0.11 1.79% |
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 Net Receivables and its Total Revenue 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.
Net Receivables vs Total Revenue
Net Receivables vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Xinhua Media Net Receivables account and
Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai Xinhua's Net Receivables and Total Revenue is 0.54. 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 Shanghai Xinhua Media, assuming nothing else is changed. The correlation between historical values of Shanghai Xinhua'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 Shanghai Xinhua Media 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., Shanghai Xinhua's Net Receivables and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Total Revenue
Total revenue comprises all receipts Shanghai Xinhua Media 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 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.
Shanghai Xinhua fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Xinhua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Xinhua fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
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.