601933 Stock | | | 4.53 0.05 1.12% |
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 Other Operating Expenses and its Research Development 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.
Other Operating Expenses vs Research Development
Other Operating Expenses vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yonghui Superstores Other Operating Expenses account and
Research Development. At this time, the significance of the direction appears to have very week relationship.
The correlation between Yonghui Superstores' Other Operating Expenses and Research Development is 0.24. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Research Development 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' Other Operating Expenses and Research Development 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 Operating Expenses of Yonghui Superstores Co are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Other Operating Expenses i.e., Yonghui Superstores' Other Operating Expenses and Research Development go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Yonghui Superstores. It is also known as Yonghui Superstores overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Research Development
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
Click cells to compare fundamentals
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.