601888 Stock | | | 71.30 2.51 3.40% |
China International financial indicator trend analysis is way more than just evaluating China International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China International is a good investment. Please check the relationship between China International Property Plant Equipment and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China International Travel. 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
China International Property Plant Equipment account and
Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between China International's Property Plant Equipment and Other Liab is -0.09. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Liab in the same time period over historical financial statements of China International Travel, assuming nothing else is changed. The correlation between historical values of China International's Property Plant Equipment and Other 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 Property Plant Equipment of China International Travel are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Property Plant Equipment i.e., China International's Property Plant Equipment and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from China International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China International 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 China International Travel. 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 1.7
B, whereas
Selling General Administrative is forecasted to decline to about 5.1
B.
Balance Sheet is a snapshot of the
financial position of China International at a specified time, usually calculated after every quarter, six months, or one year. China International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China International 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 China currently owns. An asset can also be divided into two categories, current and non-current.