300533 Stock | | | 27.08 1.63 6.40% |
Shenzhen Bingchuan financial indicator trend analysis is much more than just breaking down Shenzhen Bingchuan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Bingchuan is a good investment. Please check the relationship between Shenzhen Bingchuan Long Term Investments and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Bingchuan Network. 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 Total Liab
Long Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Bingchuan Long Term Investments account and
Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen Bingchuan's Long Term Investments and Total Liab is 0.51. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Shenzhen Bingchuan Network, assuming nothing else is changed. The correlation between historical values of Shenzhen Bingchuan's Long Term Investments and Total Liab 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 Shenzhen Bingchuan Network are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Investments i.e., Shenzhen Bingchuan's Long Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Shenzhen Bingchuan balance sheet that represents investments Shenzhen Bingchuan intends to hold for over a year. Shenzhen Bingchuan Network long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Shenzhen Bingchuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Bingchuan 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 Shenzhen Bingchuan Network. 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 1.9
B, whereas
Tax Provision is forecasted to decline to about 12.3
M.
Shenzhen Bingchuan fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Bingchuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Bingchuan 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 Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Bingchuan at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Bingchuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Bingchuan 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.