601825 Stock | | | 8.11 0.10 1.25% |
Shanghai Rural financial indicator trend analysis is much more than just breaking down Shanghai Rural Commercial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Rural Commercial is a good investment. Please check the relationship between Shanghai Rural Property Plant And Equipment Net and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Rural Commercial. 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.
Property Plant And Equipment Net vs Long Term Investments
Property Plant And Equipment Net vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Rural Commercial Property Plant And Equipment Net account and
Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Shanghai Rural's Property Plant And Equipment Net and Long Term Investments is 0.27. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Shanghai Rural Commercial, assuming nothing else is changed. The correlation between historical values of Shanghai Rural's Property Plant And Equipment Net and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Shanghai Rural Commercial are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Shanghai Rural's Property Plant And Equipment Net and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Long Term Investments
Long Term Investments is an item on the asset side of Shanghai Rural balance sheet that represents investments Shanghai Rural Commercial intends to hold for over a year. Shanghai Rural Commercial long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Shanghai Rural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Rural Commercial 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 Shanghai Rural Commercial. 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 28, 2024,
Selling General Administrative is expected to decline to about 5.3
B. In addition to that,
Tax Provision is expected to decline to about 2.2
BShanghai Rural fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Rural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Rural fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Rural Commercial at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Rural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Rural 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.