002474 Stock | | | 7.15 0.05 0.69% |
Fujian Rongji financial indicator trend analysis is much more than just examining Fujian Rongji Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Rongji Software is a good investment. Please check the relationship between Fujian Rongji Non Current Liabilities Total and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Rongji Software. 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.
Non Current Liabilities Total vs Selling General Administrative
Non Current Liabilities Total vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Rongji Software Non Current Liabilities Total account and
Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Fujian Rongji's Non Current Liabilities Total and Selling General Administrative is 0.23. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Fujian Rongji Software, assuming nothing else is changed. The correlation between historical values of Fujian Rongji's Non Current Liabilities Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Fujian Rongji Software are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Liabilities Total i.e., Fujian Rongji's Non Current Liabilities Total and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Selling General Administrative
Most indicators from Fujian Rongji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Rongji Software 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 Fujian Rongji Software. 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.
As of December 20, 2024, Selling General Administrative is expected to decline to about 104.3
M. The current year's
Tax Provision is expected to grow to about (18.7
M)
Fujian Rongji fundamental ratios Correlations
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Fujian Rongji Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fujian Rongji fundamental ratios Accounts
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Other Information on Investing in Fujian Stock
Balance Sheet is a snapshot of the
financial position of Fujian Rongji Software at a specified time, usually calculated after every quarter, six months, or one year. Fujian Rongji Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Rongji 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 Fujian currently owns. An asset can also be divided into two categories, current and non-current.