| 605128 Stock | | | 38.67 1.76 4.77% |
Shanghai Yanpu financial indicator trend analysis is much more than just breaking down Shanghai Yanpu Metal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Yanpu Metal is a good investment. Please check the relationship between Shanghai Yanpu Net Income From Continuing Ops and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Yanpu Metal. 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
Shanghai Yanpu Metal Net Income From Continuing Ops account and
Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai Yanpu's Net Income From Continuing Ops and Ebit is 0.43. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebit in the same time period over historical financial statements of Shanghai Yanpu Metal, assuming nothing else is changed. The correlation between historical values of Shanghai Yanpu's Net Income From Continuing Ops and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Shanghai Yanpu Metal are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income From Continuing Ops i.e., Shanghai Yanpu's Net Income From Continuing Ops and Ebit go up and down completely randomly.
Correlation Coefficient | 0.43 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Most indicators from Shanghai Yanpu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Yanpu Metal 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 Shanghai Yanpu Metal. 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.
As of November 27, 2024,
Selling General Administrative is expected to decline to about 21
M. In addition to that,
Tax Provision is expected to decline to about 9
MBalance Sheet is a snapshot of the
financial position of Shanghai Yanpu Metal at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Yanpu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Yanpu 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.