300512 Stock | | | 7.12 0.15 2.15% |
Hangzhou Zhongya financial indicator trend analysis is much more than just examining Hangzhou Zhongya Mac latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Zhongya Mac is a good investment. Please check the relationship between Hangzhou Zhongya Change To Account Receivables and its Net Borrowings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Zhongya Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Change To Account Receivables vs Net Borrowings
Change To Account Receivables vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hangzhou Zhongya Mac Change To Account Receivables account and
Net Borrowings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hangzhou Zhongya's Change To Account Receivables and Net Borrowings is -0.12. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Hangzhou Zhongya Machinery, assuming nothing else is changed. The correlation between historical values of Hangzhou Zhongya's Change To Account Receivables and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Hangzhou Zhongya Machinery are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Account Receivables i.e., Hangzhou Zhongya's Change To Account Receivables and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Account Receivables
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Hangzhou Zhongya's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Zhongya Mac 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 Hangzhou Zhongya Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 30, 2024,
Selling General Administrative is expected to decline to about 88.6
M. In addition to that,
Tax Provision is expected to decline to about 3.7
MHangzhou Zhongya fundamental ratios Correlations
Click cells to compare fundamentals
Hangzhou Zhongya Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hangzhou Zhongya fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Hangzhou Stock
Balance Sheet is a snapshot of the
financial position of Hangzhou Zhongya Mac at a specified time, usually calculated after every quarter, six months, or one year. Hangzhou Zhongya Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hangzhou Zhongya 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 Hangzhou currently owns. An asset can also be divided into two categories, current and non-current.