603219 Stock | | | 14.68 0.24 1.61% |
Ningbo Fujia financial indicator trend analysis is infinitely more than just investigating Ningbo Fujia Industrial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Fujia Industrial is a good investment. Please check the relationship between Ningbo Fujia Research Development and its Selling And Marketing Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Fujia Industrial. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningbo Fujia Industrial Research Development account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Ningbo Fujia's Research Development and Selling And Marketing Expenses is -0.83. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Ningbo Fujia Industrial, assuming nothing else is changed. The correlation between historical values of Ningbo Fujia's Research Development and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Ningbo Fujia Industrial are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Research Development i.e., Ningbo Fujia's Research Development and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Most indicators from Ningbo Fujia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Fujia Industrial 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 Ningbo Fujia Industrial. 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.
As of December 27, 2024,
Selling General Administrative is expected to decline to about 32.4
M. In addition to that,
Tax Provision is expected to decline to about 34.7
MBalance Sheet is a snapshot of the
financial position of Ningbo Fujia Industrial at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Fujia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Fujia 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.