002465 Stock | | | 12.80 0.50 4.07% |
Guangzhou Haige financial indicator trend analysis is much more than just examining Guangzhou Haige Comm latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Haige Comm is a good investment. Please check the relationship between Guangzhou Haige Long Term Investments and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Haige Communications. 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.
Long Term Investments vs Intangible Assets
Long Term Investments vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Haige Comm Long Term Investments account and
Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Guangzhou Haige's Long Term Investments and Intangible Assets is 0.19. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Guangzhou Haige Communications, assuming nothing else is changed. The correlation between historical values of Guangzhou Haige's Long Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Guangzhou Haige Communications are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Investments i.e., Guangzhou Haige's Long Term Investments and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Guangzhou Haige balance sheet that represents investments Guangzhou Haige Comm intends to hold for over a year. Guangzhou Haige Communications long term investments may include different instruments such as stocks, bonds, real estate and cash.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Guangzhou Haige's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Haige Comm 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 Guangzhou Haige Communications. 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 313.6
M, whereas
Tax Provision is projected to grow to (20
M).
Guangzhou Haige fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Haige Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Haige fundamental ratios Accounts
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Other Information on Investing in Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Haige Comm at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Haige Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Haige 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.