Hubei Net Interest Income vs Research Development Analysis
688151 Stock | 17.00 0.12 0.70% |
Hubei Huaqiang financial indicator trend analysis is much more than just examining Hubei Huaqiang High latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Huaqiang High is a good investment. Please check the relationship between Hubei Huaqiang Net Interest Income and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Huaqiang High Tech. 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.
Net Interest Income vs Research Development
Net Interest Income vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Huaqiang High Net Interest Income account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hubei Huaqiang's Net Interest Income and Research Development is 0.92. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Hubei Huaqiang High Tech, assuming nothing else is changed. The correlation between historical values of Hubei Huaqiang's Net Interest Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Hubei Huaqiang High Tech are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Net Interest Income i.e., Hubei Huaqiang's Net Interest Income and Research Development go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Research Development
Most indicators from Hubei Huaqiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Huaqiang High 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 Hubei Huaqiang High Tech. 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 (3.6 M). In addition to that, Selling General Administrative is expected to decline to about 27.4 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 21.3M | 45.3M | 28.9M | 26.5M | Net Interest Income | 20.4M | 45.1M | 28.8M | 25.6M |
Hubei Huaqiang fundamental ratios Correlations
Click cells to compare fundamentals
Hubei Huaqiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Hubei Stock
Balance Sheet is a snapshot of the financial position of Hubei Huaqiang High at a specified time, usually calculated after every quarter, six months, or one year. Hubei Huaqiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Huaqiang 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 Hubei currently owns. An asset can also be divided into two categories, current and non-current.