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 Total Revenue and its Property Plant Equipment 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.
Total Revenue vs Property Plant Equipment
Total Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Rongji Software Total Revenue account and
Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fujian Rongji's Total Revenue and Property Plant Equipment is 0.49. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Property Plant Equipment 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 Total Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Fujian Rongji Software are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Revenue i.e., Fujian Rongji's Total Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Fujian Rongji Software generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Property Plant Equipment
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
Click cells to compare fundamentals
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.