603416 Stock | | | 41.76 0.88 2.15% |
WuXi Xinje financial indicator trend analysis is more than just analyzing WuXi Xinje Electric current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WuXi Xinje Electric is a good investment. Please check the relationship between WuXi Xinje Property Plant Equipment and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in WuXi Xinje Electric. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WuXi Xinje Electric Property Plant Equipment account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WuXi Xinje's Property Plant Equipment and Non Current Liabilities Total is 0.87. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of WuXi Xinje Electric, assuming nothing else is changed. The correlation between historical values of WuXi Xinje's Property Plant Equipment and Non Current Liabilities Total 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 Equipment of WuXi Xinje Electric are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant Equipment i.e., WuXi Xinje's Property Plant Equipment and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from WuXi Xinje's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WuXi Xinje Electric 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 WuXi Xinje Electric. 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.
The current year's
Selling General Administrative is expected to grow to about 57
M. The current year's
Tax Provision is expected to grow to about 21.4
MBalance Sheet is a snapshot of the
financial position of WuXi Xinje Electric at a specified time, usually calculated after every quarter, six months, or one year. WuXi Xinje Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WuXi Xinje 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 WuXi currently owns. An asset can also be divided into two categories, current and non-current.