601949 Stock | | | 8.26 0.09 1.10% |
China Publishing financial indicator trend analysis is way more than just evaluating China Publishing Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Publishing Media is a good investment. Please check the relationship between China Publishing Other Current Liab and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Publishing Media. 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 Publishing Media Other Current Liab account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Publishing's Other Current Liab and Other Stockholder Equity is 0.41. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of China Publishing Media, assuming nothing else is changed. The correlation between historical values of China Publishing's Other Current Liab and Other Stockholder Equity 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 Current Liab of China Publishing Media are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., China Publishing's Other Current Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from China Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Publishing Media 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 Publishing Media. 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 2, 2024,
Selling General Administrative is expected to decline to about 636.8
M. The current year's
Tax Provision is expected to grow to about (93.3
M)
Balance Sheet is a snapshot of the
financial position of China Publishing Media at a specified time, usually calculated after every quarter, six months, or one year. China Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Publishing 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.