| 002951 Stock | | | 7.13 0.08 1.13% |
Sichuan Jinshi financial indicator trend analysis is much more than just breaking down Sichuan Jinshi Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Jinshi Technology is a good investment. Please check the relationship between Sichuan Jinshi Net Receivables and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Jinshi Technology. 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.
Net Receivables vs Total Assets
Net Receivables vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Jinshi Technology Net Receivables account and
Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Sichuan Jinshi's Net Receivables and Total Assets is -0.78. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sichuan Jinshi Technology, assuming nothing else is changed. The correlation between historical values of Sichuan Jinshi's Net Receivables and Total 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 Net Receivables of Sichuan Jinshi Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Sichuan Jinshi's Net Receivables and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.78 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Receivables
Total Assets
Total assets refers to the total amount of Sichuan Jinshi assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sichuan Jinshi Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sichuan Jinshi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Jinshi Technology 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 Sichuan Jinshi Technology. 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 11.9
M, whereas
Tax Provision is projected to grow to (6.6
M).
Sichuan Jinshi fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Jinshi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Jinshi fundamental ratios Accounts
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Other Information on Investing in Sichuan Stock
Balance Sheet is a snapshot of the
financial position of Sichuan Jinshi Technology at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Jinshi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Jinshi 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.