| 601279 Stock | | | 4.05 0.05 1.25% |
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 Net Income and its Dividends Paid 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.
Net Income vs Dividends Paid
Net Income vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Changchun Engley Aut Net Income account and
Dividends Paid. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Changchun Engley's Net Income and Dividends Paid is -0.57. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid 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 Net Income and Dividends Paid 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 Income of Changchun Engley Automobile are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Changchun Engley's Net Income and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.57 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Changchun Engley Aut financial statement analysis. It represents the amount of money remaining after all of Changchun Engley Automobile operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
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 November 29, 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
MChangchun Engley fundamental ratios Correlations
Click cells to compare fundamentals
Changchun Engley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Changchun Engley fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Changchun Stock
Balance 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.