000688 Stock | | | 14.00 0.54 4.01% |
Guocheng Mining financial indicator trend analysis is much more than just examining Guocheng Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guocheng Mining is a good investment. Please check the relationship between Guocheng Mining Property Plant Equipment and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guocheng Mining Co. 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.
Property Plant Equipment vs Intangible Assets
Property Plant Equipment vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guocheng Mining Property Plant Equipment account and
Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guocheng Mining's Property Plant Equipment and Intangible Assets is 0.51. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Guocheng Mining Co, assuming nothing else is changed. The correlation between historical values of Guocheng Mining's Property Plant Equipment and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Guocheng Mining Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Property Plant Equipment i.e., Guocheng Mining's Property Plant Equipment and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant Equipment
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Guocheng Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guocheng Mining 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 Guocheng Mining Co. 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 83.5
M. The current year's
Tax Provision is expected to grow to about 38.1
MGuocheng Mining fundamental ratios Correlations
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Guocheng Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guocheng Mining fundamental ratios Accounts
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Other Information on Investing in Guocheng Stock
Balance Sheet is a snapshot of the
financial position of Guocheng Mining at a specified time, usually calculated after every quarter, six months, or one year. Guocheng Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guocheng Mining 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 Guocheng currently owns. An asset can also be divided into two categories, current and non-current.