000061 Stock | | | 7.77 0.05 0.65% |
Shenzhen Agricultural financial indicator trend analysis is much more than just breaking down Shenzhen Agricultural prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Agricultural is a good investment. Please check the relationship between Shenzhen Agricultural Interest Income 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 Shenzhen Agricultural Products. 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.
Interest Income vs Net Income From Continuing Ops
Interest Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Agricultural Interest Income account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen Agricultural's Interest Income and Net Income From Continuing Ops is 0.41. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Shenzhen Agricultural Products, assuming nothing else is changed. The correlation between historical values of Shenzhen Agricultural's Interest Income 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 Interest Income of Shenzhen Agricultural Products 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 Interest Income i.e., Shenzhen Agricultural's Interest Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Net Income From Continuing Ops
Most indicators from Shenzhen Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Agricultural 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 Shenzhen Agricultural Products. 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 December 12, 2024,
Selling General Administrative is expected to decline to about 310.9
M. In addition to that,
Tax Provision is expected to decline to about 202.9
MShenzhen Agricultural fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Agricultural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Agricultural fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Agricultural at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Agricultural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Agricultural 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.