300013 Stock | | | 4.29 0.04 0.94% |
Jiangsu Xinning financial indicator trend analysis is infinitely more than just investigating Jiangsu Xinning Modern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Xinning Modern is a good investment. Please check the relationship between Jiangsu Xinning Non Currrent Assets Other and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Xinning Modern. 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.
Non Currrent Assets Other vs Intangible Assets
Non Currrent Assets Other vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Xinning Modern Non Currrent Assets Other account and
Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jiangsu Xinning's Non Currrent Assets Other and Intangible Assets is 0.24. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Jiangsu Xinning Modern, assuming nothing else is changed. The correlation between historical values of Jiangsu Xinning's Non Currrent Assets Other 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 Non Currrent Assets Other of Jiangsu Xinning Modern 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 Non Currrent Assets Other i.e., Jiangsu Xinning's Non Currrent Assets Other and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Jiangsu Xinning's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Xinning Modern 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 Xinning Modern. 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.
As of December 12, 2024,
Selling General Administrative is expected to decline to about 41.2
M. The current year's
Tax Provision is expected to grow to about (2.1
M)
Jiangsu Xinning fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Xinning Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Xinning fundamental ratios Accounts
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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 Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Xinning Modern at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Xinning Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Xinning 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.