| 688425 Stock | | | 4.76 0.01 0.21% |
China Railway financial indicator trend analysis is way more than just evaluating China Railway Constr prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Railway Constr is a good investment. Please check the relationship between China Railway Change To Account Receivables and its Change To Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Railway Construction. 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 Railway Constr Change To Account Receivables account and
Change To Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Railway's Change To Account Receivables and Change To Liabilities is 0.65. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of China Railway Construction, assuming nothing else is changed. The correlation between historical values of China Railway's Change To Account Receivables and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of China Railway Construction are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Account Receivables i.e., China Railway's Change To Account Receivables and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Most indicators from China Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Railway Constr 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 Railway Construction. 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
Selling General Administrative is expected to grow to about 479
M, whereas
Tax Provision is forecasted to decline to about 149.6
M.
Balance Sheet is a snapshot of the
financial position of China Railway Constr at a specified time, usually calculated after every quarter, six months, or one year. China Railway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Railway 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.