688670 Stock | | | 16.68 0.39 2.39% |
Jiangsu GDK financial indicator trend analysis is infinitely more than just investigating Jiangsu GDK Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu GDK Biotechnology is a good investment. Please check the relationship between Jiangsu GDK Ebitda and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu GDK Biotechnology. 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
Jiangsu GDK Biotechnology Ebitda account and
Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangsu GDK's Ebitda and Research Development is 0.7. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Research Development in the same time period over historical financial statements of Jiangsu GDK Biotechnology, assuming nothing else is changed. The correlation between historical values of Jiangsu GDK's Ebitda and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Jiangsu GDK Biotechnology are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Ebitda i.e., Jiangsu GDK's Ebitda and Research Development go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Jiangsu GDK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu GDK Biotechnology 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 Jiangsu GDK Biotechnology. 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 95.1
M, whereas
Tax Provision is projected to grow to (14.8
M).
Balance Sheet is a snapshot of the
financial position of Jiangsu GDK Biotechnology at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu GDK Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu GDK 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.