601933 Stock | | | 5.04 0.46 10.04% |
Yonghui Superstores financial indicator trend analysis is more than just analyzing Yonghui Superstores current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yonghui Superstores is a good investment. Please check the relationship between Yonghui Superstores Net Receivables and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yonghui Superstores Co. 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.
Net Receivables vs Non Currrent Assets Other
Net Receivables vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yonghui Superstores Net Receivables account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Yonghui Superstores' Net Receivables and Non Currrent Assets Other is 0.05. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Yonghui Superstores Co, assuming nothing else is changed. The correlation between historical values of Yonghui Superstores' Net Receivables and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Yonghui Superstores Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Yonghui Superstores' Net Receivables and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Receivables
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Yonghui Superstores' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yonghui Superstores 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 Yonghui Superstores Co. 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
Selling General Administrative is expected to grow to about 8.1
B. The current year's
Tax Provision is expected to grow to about 164.5
MYonghui Superstores fundamental ratios Correlations
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Yonghui Superstores Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yonghui Superstores fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Yonghui Stock
Balance Sheet is a snapshot of the
financial position of Yonghui Superstores at a specified time, usually calculated after every quarter, six months, or one year. Yonghui Superstores Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yonghui Superstores 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 Yonghui currently owns. An asset can also be divided into two categories, current and non-current.