| 601279 Stock | | | 4.11 0.06 1.48% |
Changchun Engley financial indicator trend analysis is way more than just evaluating Changchun Engley Aut prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun Engley Aut is a good investment. Please check the relationship between Changchun Engley Inventory and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun Engley Automobile. 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
Changchun Engley Aut Inventory account and
Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Changchun Engley's Inventory and Common Stock is 0.93. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock in the same time period over historical financial statements of Changchun Engley Automobile, assuming nothing else is changed. The correlation between historical values of Changchun Engley's Inventory and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Changchun Engley Automobile are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Inventory i.e., Changchun Engley's Inventory and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Most indicators from Changchun Engley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun Engley Aut 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 Changchun Engley Automobile. 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 1, 2024,
Selling General Administrative is expected to decline to about 91.6
M. In addition to that,
Tax Provision is expected to decline to about 25.5
MBalance Sheet is a snapshot of the
financial position of Changchun Engley Aut at a specified time, usually calculated after every quarter, six months, or one year. Changchun Engley Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changchun Engley 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 Changchun currently owns. An asset can also be divided into two categories, current and non-current.