600900 Stock | | | 27.39 0.39 1.44% |
China Yangtze financial indicator trend analysis is way more than just evaluating China Yangtze Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Yangtze Power is a good investment. Please check the relationship between China Yangtze Net Receivables and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yangtze Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Yangtze Power Net Receivables account and
Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between China Yangtze's Net Receivables and Other Current Liab is -0.1. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of China Yangtze Power, assuming nothing else is changed. The correlation between historical values of China Yangtze's Net Receivables and Other Current Liab 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 China Yangtze Power are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., China Yangtze's Net Receivables and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from China Yangtze's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Yangtze Power 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 Yangtze Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, China Yangtze's
Discontinued Operations 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 5.4
B, whereas
Selling General Administrative is forecasted to decline to about 389.1
M.
Balance Sheet is a snapshot of the
financial position of China Yangtze Power at a specified time, usually calculated after every quarter, six months, or one year. China Yangtze Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Yangtze 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.