| 601000 Stock | | | 4.52 0.13 2.96% |
Tangshan Port financial indicator trend analysis is much more than just breaking down Tangshan Port Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tangshan Port Group is a good investment. Please check the relationship between Tangshan Port Selling General Administrative and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tangshan Port Group. 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.
Selling General Administrative vs Other Operating Expenses
Selling General Administrative vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tangshan Port Group Selling General Administrative account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tangshan Port's Selling General Administrative and Other Operating Expenses is -0.65. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Tangshan Port Group, assuming nothing else is changed. The correlation between historical values of Tangshan Port's Selling General Administrative and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Tangshan Port Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling General Administrative i.e., Tangshan Port's Selling General Administrative and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Selling General Administrative
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tangshan Port Group. It is also known as Tangshan Port overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Tangshan Port's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tangshan Port Group 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 Tangshan Port Group. 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 current year's Selling General Administrative is expected to grow to about 140.8
M, whereas
Tax Provision is forecasted to decline to about 433.7
M.
Tangshan Port fundamental ratios Correlations
Click cells to compare fundamentals
Tangshan Port Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tangshan Port fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tangshan Stock
Balance Sheet is a snapshot of the
financial position of Tangshan Port Group at a specified time, usually calculated after every quarter, six months, or one year. Tangshan Port Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tangshan Port 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 Tangshan currently owns. An asset can also be divided into two categories, current and non-current.