601818 Stock | | | 3.60 0.02 0.55% |
China Everbright financial indicator trend analysis is way more than just evaluating China Everbright Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Everbright Bank is a good investment. Please check the relationship between China Everbright Other Stockholder Equity and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Everbright Bank. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Everbright Bank Other Stockholder Equity account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between China Everbright's Other Stockholder Equity and Property Plant Equipment is 0.92. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of China Everbright Bank, assuming nothing else is changed. The correlation between historical values of China Everbright's Other Stockholder Equity and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of China Everbright Bank are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Stockholder Equity i.e., China Everbright's Other Stockholder Equity and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from China Everbright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Everbright Bank 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 Everbright Bank. 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 37.5
B. The current year's
Tax Provision is expected to grow to about 9.6
BBalance Sheet is a snapshot of the
financial position of China Everbright Bank at a specified time, usually calculated after every quarter, six months, or one year. China Everbright Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Everbright 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.