600616 Stock | | | 6.61 0.60 9.98% |
Shanghai Jinfeng financial indicator trend analysis is much more than just breaking down Shanghai Jinfeng Wine prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Jinfeng Wine is a good investment. Please check the relationship between Shanghai Jinfeng Total Liab and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Jinfeng Wine. 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.
Total Liab vs Long Term Investments
Total Liab vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Jinfeng Wine Total Liab account and
Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanghai Jinfeng's Total Liab and Long Term Investments is -0.19. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Shanghai Jinfeng Wine, assuming nothing else is changed. The correlation between historical values of Shanghai Jinfeng's Total Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Shanghai Jinfeng Wine are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Liab i.e., Shanghai Jinfeng's Total Liab and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Long Term Investments
Long Term Investments is an item on the asset side of Shanghai Jinfeng balance sheet that represents investments Shanghai Jinfeng Wine intends to hold for over a year. Shanghai Jinfeng Wine long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Shanghai Jinfeng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Jinfeng Wine 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 Shanghai Jinfeng Wine. 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.
The current year's
Selling General Administrative is expected to grow to about 237.7
M. The current year's
Tax Provision is expected to grow to about 41.1
MShanghai Jinfeng fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Jinfeng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Jinfeng fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Jinfeng Wine at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Jinfeng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Jinfeng 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.