605266 Stock | | | 26.32 0.23 0.87% |
Yunnan Jianzhijia financial indicator trend analysis is more than just analyzing Yunnan Jianzhijia current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Jianzhijia is a good investment. Please check the relationship between Yunnan Jianzhijia Non Current Assets Total and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Jianzhijia Health Chain. 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 Inventory
Non Current Assets Total vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Jianzhijia Non Current Assets Total account and
Inventory. At this time, the significance of the direction appears to have totally related.
The correlation between Yunnan Jianzhijia's Non Current Assets Total and Inventory is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Inventory in the same time period over historical financial statements of Yunnan Jianzhijia Health Chain, assuming nothing else is changed. The correlation between historical values of Yunnan Jianzhijia's Non Current Assets Total 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 Non Current Assets Total of Yunnan Jianzhijia Health Chain 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 Non Current Assets Total i.e., Yunnan Jianzhijia's Non Current Assets Total and Inventory go up and down completely randomly.
Correlation Coefficient | 0.99 |
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.
Inventory
Most indicators from Yunnan Jianzhijia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Jianzhijia 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 Yunnan Jianzhijia Health Chain. 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 2.6
B, whereas
Tax Provision is forecasted to decline to about 76.5
M.
Yunnan Jianzhijia fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Jianzhijia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Jianzhijia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Jianzhijia at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Jianzhijia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Jianzhijia 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.