601916 Stock | | | 2.90 0.02 0.69% |
China Zheshang financial indicator trend analysis is way more than just evaluating China Zheshang Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Zheshang Bank is a good investment. Please check the relationship between China Zheshang Capital Stock and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Zheshang 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.
Capital Stock vs Net Receivables
Capital Stock vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Zheshang Bank Capital Stock account and
Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between China Zheshang's Capital Stock and Net Receivables is -0.68. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of China Zheshang Bank, assuming nothing else is changed. The correlation between historical values of China Zheshang's Capital Stock and Net 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 Capital Stock of China Zheshang Bank are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Capital Stock i.e., China Zheshang's Capital Stock and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Net Receivables
Most indicators from China Zheshang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Zheshang 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 Zheshang 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.
As of November 30, 2024,
Tax Provision is expected to decline to about 1.8
B. In addition to that,
Selling General Administrative is expected to decline to about 3.5
BChina Zheshang fundamental ratios Correlations
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China Zheshang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Zheshang fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Zheshang Bank at a specified time, usually calculated after every quarter, six months, or one year. China Zheshang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Zheshang 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.