| 600345 Stock | | | 28.49 0.05 0.18% |
Wuhan Yangtze financial indicator trend analysis is more than just analyzing Wuhan Yangtze Commun current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuhan Yangtze Commun is a good investment. Please check the relationship between Wuhan Yangtze Other Stockholder Equity and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuhan Yangtze Communication. 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
Wuhan Yangtze Commun Other Stockholder Equity account and
Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wuhan Yangtze's Other Stockholder Equity and Property Plant Equipment is 0.46. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Wuhan Yangtze Communication, assuming nothing else is changed. The correlation between historical values of Wuhan Yangtze's Other Stockholder Equity and Property Plant Equipment 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 Stockholder Equity of Wuhan Yangtze Communication are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Stockholder Equity i.e., Wuhan Yangtze's Other Stockholder Equity and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Most indicators from Wuhan Yangtze's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuhan Yangtze Commun 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 Wuhan Yangtze Communication. 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.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 69.2
M. In addition to that,
Discontinued Operations is expected to decline to about (7.3
M)
Balance Sheet is a snapshot of the
financial position of Wuhan Yangtze Commun at a specified time, usually calculated after every quarter, six months, or one year. Wuhan Yangtze Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuhan Yangtze 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 Wuhan currently owns. An asset can also be divided into two categories, current and non-current.