002304 Stock | | | 85.09 0.34 0.40% |
Jiangsu Yanghe financial indicator trend analysis is infinitely more than just investigating Jiangsu Yanghe Brewery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Yanghe Brewery is a good investment. Please check the relationship between Jiangsu Yanghe Other Operating Expenses 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 Jiangsu Yanghe Brewery. 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.
Other Operating Expenses vs Net Income From Continuing Ops
Other Operating Expenses 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
Jiangsu Yanghe Brewery Other Operating Expenses account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangsu Yanghe's Other Operating Expenses and Net Income From Continuing Ops is 0.94. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Jiangsu Yanghe Brewery, assuming nothing else is changed. The correlation between historical values of Jiangsu Yanghe's Other Operating Expenses 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 Other Operating Expenses of Jiangsu Yanghe Brewery 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 Other Operating Expenses i.e., Jiangsu Yanghe's Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Jiangsu Yanghe Brewery. It is also known as Jiangsu Yanghe overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Net Income From Continuing Ops
Most indicators from Jiangsu Yanghe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Yanghe Brewery 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 Yanghe Brewery. 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
Selling General Administrative is expected to grow to about 6.2
B, whereas
Tax Provision is forecasted to decline to about 2.8
B.
Jiangsu Yanghe fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Yanghe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Yanghe fundamental ratios Accounts
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Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Yanghe Brewery at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Yanghe Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Yanghe 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.