900918 Stock | | | 0.36 0.01 2.70% |
Shanghai Yaohua financial indicator trend analysis is much more than just breaking down Shanghai Yaohua Pilk prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Yaohua Pilk is a good investment. Please check the relationship between Shanghai Yaohua Ebit and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Yaohua Pilkington. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Yaohua Pilk Ebit account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shanghai Yaohua's Ebit and Net Income From Continuing Ops is 0.78. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Shanghai Yaohua Pilkington, assuming nothing else is changed. The correlation between historical values of Shanghai Yaohua's Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Shanghai Yaohua Pilkington are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., Shanghai Yaohua's Ebit and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Shanghai Yaohua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Yaohua Pilk 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 Yaohua Pilkington. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Tax Provision is expected to grow to about 26.5
M, whereas
Selling General Administrative is forecasted to decline to about 116
M.
Balance Sheet is a snapshot of the
financial position of Shanghai Yaohua Pilk at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Yaohua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Yaohua 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.