603928 Stock | | | 8.95 0.52 5.49% |
Suzhou Xingye financial indicator trend analysis is much more than just breaking down Suzhou Xingye Material prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Xingye Material is a good investment. Please check the relationship between Suzhou Xingye Non Current Assets Total and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Xingye Material. 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.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Suzhou Xingye Material Non Current Assets Total account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suzhou Xingye's Non Current Assets Total and Property Plant Equipment is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Suzhou Xingye Material, assuming nothing else is changed. The correlation between historical values of Suzhou Xingye's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Suzhou Xingye Material are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Suzhou Xingye's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Property Plant Equipment
Most indicators from Suzhou Xingye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Xingye Material 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 Suzhou Xingye Material. 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 61.1
M. The current year's
Tax Provision is expected to grow to about 15.5
MSuzhou Xingye fundamental ratios Correlations
Click cells to compare fundamentals
Suzhou Xingye Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Suzhou Xingye fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the
financial position of Suzhou Xingye Material at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Xingye Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Xingye 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.