601939 Stock | | | 7.88 0.04 0.51% |
China Construction financial indicator trend analysis is way more than just evaluating China Construction Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Construction Bank is a good investment. Please check the relationship between China Construction Long Term Investments and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Construction 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 nation.
Long Term Investments vs Net Receivables
Long Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Construction Bank Long Term Investments account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Construction's Long Term Investments and Net Receivables is 0.52. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of China Construction Bank, assuming nothing else is changed. The correlation between historical values of China Construction's Long Term Investments 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 Long Term Investments of China Construction 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 Long Term Investments i.e., China Construction's Long Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of China Construction balance sheet that represents investments China Construction Bank intends to hold for over a year. China Construction Bank long term investments may include different instruments such as stocks, bonds, real estate and cash.
Net Receivables
Most indicators from China Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Construction 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 Construction 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 nation.
The current year's
Selling General Administrative is expected to grow to about 184.6
B. The current year's
Tax Provision is expected to grow to about 66.3
BChina Construction fundamental ratios Correlations
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China Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Construction 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 Construction Bank at a specified time, usually calculated after every quarter, six months, or one year. China Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Construction 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.