600674 Stock | | | 17.18 0.10 0.59% |
Sichuan Chuantou financial indicator trend analysis is much more than just breaking down Sichuan Chuantou Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Chuantou Energy is a good investment. Please check the relationship between Sichuan Chuantou Retained Earnings and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Chuantou Energy. 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.
Retained Earnings vs Property Plant Equipment
Retained Earnings vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Chuantou Energy Retained Earnings account and
Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Chuantou's Retained Earnings and Property Plant Equipment is 0.59. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Sichuan Chuantou Energy, assuming nothing else is changed. The correlation between historical values of Sichuan Chuantou's Retained Earnings 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 Retained Earnings of Sichuan Chuantou Energy 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 Retained Earnings i.e., Sichuan Chuantou's Retained Earnings and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Property Plant Equipment
Most indicators from Sichuan Chuantou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Chuantou Energy 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 Sichuan Chuantou Energy. 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 December 24, 2024,
Selling General Administrative is expected to decline to about 63
M. In addition to that,
Tax Provision is expected to decline to about 42.8
MSichuan Chuantou fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Chuantou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Chuantou fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Balance Sheet is a snapshot of the
financial position of Sichuan Chuantou Energy at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Chuantou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Chuantou 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.