000009 Stock | | | 9.50 0.21 2.26% |
China Baoan financial indicator trend analysis is way more than just evaluating China Baoan Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Baoan Group is a good investment. Please check the relationship between China Baoan Long Term Investments and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Baoan Group. 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.
Long Term Investments vs Total Liab
Long Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Baoan Group Long Term Investments account and
Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Baoan's Long Term Investments and Total Liab is 0.59. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of China Baoan Group, assuming nothing else is changed. The correlation between historical values of China Baoan's Long Term Investments and Total 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 Long Term Investments of China Baoan Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Investments i.e., China Baoan's Long Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of China Baoan balance sheet that represents investments China Baoan Group intends to hold for over a year. China Baoan Group long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from China Baoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Baoan Group 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 Baoan Group. 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 25, 2024,
Selling General Administrative is expected to decline to about 866.4
M. In addition to that,
Tax Provision is expected to decline to about 373.9
MChina Baoan fundamental ratios Correlations
Click cells to compare fundamentals
China Baoan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Baoan fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Baoan Group at a specified time, usually calculated after every quarter, six months, or one year. China Baoan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Baoan 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.