300474 Stock | | | 99.47 4.17 4.38% |
Changsha Jingjia financial indicator trend analysis is way more than just evaluating Changsha Jingjia Mic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changsha Jingjia Mic is a good investment. Please check the relationship between Changsha Jingjia Intangible Assets and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Changsha Jingjia Microelectronics. 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.
Intangible Assets vs Non Currrent Assets Other
Intangible Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Changsha Jingjia Mic Intangible Assets account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Changsha Jingjia's Intangible Assets and Non Currrent Assets Other is 0.07. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Changsha Jingjia Microelectronics, assuming nothing else is changed. The correlation between historical values of Changsha Jingjia's Intangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Changsha Jingjia Microelectronics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Intangible Assets i.e., Changsha Jingjia's Intangible Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Changsha Jingjia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha Jingjia Mic 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 Changsha Jingjia Microelectronics. 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 63.2
M. The current year's
Tax Provision is expected to grow to about (67.6
M)
Changsha Jingjia fundamental ratios Correlations
Click cells to compare fundamentals
Changsha Jingjia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Changsha Jingjia fundamental ratios Accounts
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Other Information on Investing in Changsha Stock
Balance Sheet is a snapshot of the
financial position of Changsha Jingjia Mic at a specified time, usually calculated after every quarter, six months, or one year. Changsha Jingjia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changsha Jingjia 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 Changsha currently owns. An asset can also be divided into two categories, current and non-current.