600160 Stock | | | 22.37 0.28 1.27% |
Zhejiang Juhua financial indicator trend analysis is more than just analyzing Zhejiang Juhua current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Juhua is a good investment. Please check the relationship between Zhejiang Juhua Selling General Administrative and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Juhua Co. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Juhua Selling General Administrative account and
Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zhejiang Juhua's Selling General Administrative and Ebitda is -0.43. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebitda in the same time period over historical financial statements of Zhejiang Juhua Co, assuming nothing else is changed. The correlation between historical values of Zhejiang Juhua's Selling General Administrative and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Zhejiang Juhua Co are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Selling General Administrative i.e., Zhejiang Juhua's Selling General Administrative and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from Zhejiang Juhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Juhua 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 Zhejiang Juhua Co. 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
Tax Provision is expected to grow to about 141
M, whereas Selling General Administrative is forecasted to decline to about 201.7
M.
Balance Sheet is a snapshot of the
financial position of Zhejiang Juhua at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Juhua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Juhua 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.