| 002185 Stock | | | 11.84 0.14 1.20% |
Tianshui Huatian financial indicator trend analysis is much more than just breaking down Tianshui Huatian Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianshui Huatian Tec is a good investment. Please check the relationship between Tianshui Huatian Total Operating Expenses and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianshui Huatian Technology. 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.
Total Operating Expenses vs Selling General Administrative
Total Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianshui Huatian Tec Total Operating Expenses account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianshui Huatian's Total Operating Expenses and Selling General Administrative is -0.2. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Tianshui Huatian Technology, assuming nothing else is changed. The correlation between historical values of Tianshui Huatian's Total Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Tianshui Huatian Technology are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Tianshui Huatian's Total Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Selling General Administrative
Most indicators from Tianshui Huatian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianshui Huatian Tec 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 Tianshui Huatian Technology. 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 175.8
M, whereas
Tax Provision is projected to grow to (45.1
M).
Tianshui Huatian fundamental ratios Correlations
Click cells to compare fundamentals
Tianshui Huatian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianshui Huatian fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Tianshui Stock
Balance Sheet is a snapshot of the
financial position of Tianshui Huatian Tec at a specified time, usually calculated after every quarter, six months, or one year. Tianshui Huatian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianshui Huatian 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 Tianshui currently owns. An asset can also be divided into two categories, current and non-current.