603697 Stock | | | 9.67 0.95 8.95% |
Youyou Foods financial indicator trend analysis is more than just analyzing Youyou Foods current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youyou Foods is a good investment. Please check the relationship between Youyou Foods Property Plant Equipment and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Youyou Foods 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Youyou Foods Property Plant Equipment account and
Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Youyou Foods' Property Plant Equipment and Inventory is 0.9. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Inventory in the same time period over historical financial statements of Youyou Foods Co, assuming nothing else is changed. The correlation between historical values of Youyou Foods' Property Plant Equipment and Inventory 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 Youyou Foods Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant Equipment i.e., Youyou Foods' Property Plant Equipment and Inventory go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from Youyou Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youyou Foods 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 Youyou Foods 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
Tax Provision is expected to grow to about 35.2
M, whereas
Selling General Administrative is forecasted to decline to about 119.5
M.
Balance Sheet is a snapshot of the
financial position of Youyou Foods at a specified time, usually calculated after every quarter, six months, or one year. Youyou Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Youyou Foods 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 Youyou currently owns. An asset can also be divided into two categories, current and non-current.