000637 Stock | | | 4.25 0.12 2.75% |
Maoming Petro financial indicator trend analysis is infinitely more than just investigating Maoming Petro Chemical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maoming Petro Chemical is a good investment. Please check the relationship between Maoming Petro Dividends Paid and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Maoming Petro Chemical Shihua. 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.
Dividends Paid vs Net Income
Dividends Paid vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maoming Petro Chemical Dividends Paid account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Maoming Petro's Dividends Paid and Net Income is -0.29. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Net Income in the same time period over historical financial statements of Maoming Petro Chemical Shihua, assuming nothing else is changed. The correlation between historical values of Maoming Petro's Dividends Paid and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Maoming Petro Chemical Shihua are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Dividends Paid i.e., Maoming Petro's Dividends Paid and Net Income go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Maoming Petro Chemical financial statement analysis. It represents the amount of money remaining after all of Maoming Petro Chemical Shihua operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Maoming Petro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maoming Petro Chemical 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 Maoming Petro Chemical Shihua. 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 15, 2024,
Selling General Administrative is expected to decline to about 97.8
M. The current year's
Tax Provision is expected to grow to about (5.6
M)
Maoming Petro fundamental ratios Correlations
Click cells to compare fundamentals
Maoming Petro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maoming Petro fundamental ratios Accounts
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Other Information on Investing in Maoming Stock
Balance Sheet is a snapshot of the
financial position of Maoming Petro Chemical at a specified time, usually calculated after every quarter, six months, or one year. Maoming Petro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maoming Petro 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 Maoming currently owns. An asset can also be divided into two categories, current and non-current.