002840 Stock | | | 13.44 0.18 1.36% |
Zhejiang Huatong financial indicator trend analysis is more than just analyzing Zhejiang Huatong Meat current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Huatong Meat is a good investment. Please check the relationship between Zhejiang Huatong Dividends Paid and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Huatong Meat. 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.
Dividends Paid vs Capital Expenditures
Dividends Paid vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Huatong Meat Dividends Paid account and
Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zhejiang Huatong's Dividends Paid and Capital Expenditures is 0.64. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Zhejiang Huatong Meat, assuming nothing else is changed. The correlation between historical values of Zhejiang Huatong's Dividends Paid and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Zhejiang Huatong Meat are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., Zhejiang Huatong's Dividends Paid and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Capital Expenditures
Capital Expenditures are funds used by Zhejiang Huatong Meat to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Zhejiang Huatong operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Zhejiang Huatong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Huatong Meat 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 Zhejiang Huatong Meat. 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 23, 2024,
Selling General Administrative is expected to decline to about 98.5
M. In addition to that,
Discontinued Operations is expected to decline to about 8.3
MZhejiang Huatong fundamental ratios Correlations
Click cells to compare fundamentals
Zhejiang Huatong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhejiang Huatong fundamental ratios Accounts
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Other Information on Investing in Zhejiang Stock
Balance Sheet is a snapshot of the
financial position of Zhejiang Huatong Meat at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Huatong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Huatong 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.