601668 Stock | | | 5.98 0.01 0.17% |
China State financial indicator trend analysis is way more than just evaluating China State Construction prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China State Construction is a good investment. Please check the relationship between China State Total Stockholder Equity and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China State Construction. 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.
Total Stockholder Equity vs Other Liab
Total Stockholder Equity vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China State Construction Total Stockholder Equity account and
Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between China State's Total Stockholder Equity and Other Liab is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Liab in the same time period over historical financial statements of China State Construction, assuming nothing else is changed. The correlation between historical values of China State's Total Stockholder Equity and Other 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 Total Stockholder Equity of China State Construction are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Stockholder Equity i.e., China State's Total Stockholder Equity and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Other Liab
Most indicators from China State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China State Construction 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 State Construction. 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
Tax Provision is expected to grow to about 19.9
B, whereas
Selling General Administrative is forecasted to decline to about 12.2
B.
China State fundamental ratios Correlations
Click cells to compare fundamentals
China State Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China State fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China State Construction at a specified time, usually calculated after every quarter, six months, or one year. China State Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China State 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.