601799 Stock | | | 136.41 1.81 1.34% |
Changzhou Xingyu financial indicator trend analysis is way more than just evaluating Changzhou Xingyu Aut prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changzhou Xingyu Aut is a good investment. Please check the relationship between Changzhou Xingyu End Period Cash Flow and its Change To Account Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Changzhou Xingyu Automotive. 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
Changzhou Xingyu Aut End Period Cash Flow account and
Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Changzhou Xingyu's End Period Cash Flow and Change To Account Receivables is -0.48. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Changzhou Xingyu Automotive, assuming nothing else is changed. The correlation between historical values of Changzhou Xingyu's End Period Cash Flow and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Changzhou Xingyu Automotive are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of End Period Cash Flow i.e., Changzhou Xingyu's End Period Cash Flow and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from Changzhou Xingyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changzhou Xingyu 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 Changzhou Xingyu Automotive. 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 130.5
M, whereas
Selling General Administrative is forecasted to decline to about 171.3
M.
Balance Sheet is a snapshot of the
financial position of Changzhou Xingyu Aut at a specified time, usually calculated after every quarter, six months, or one year. Changzhou Xingyu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changzhou Xingyu 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 Changzhou currently owns. An asset can also be divided into two categories, current and non-current.