| 300939 Stock | | | 33.19 0.23 0.69% |
Shenzhen financial indicator trend analysis is much more than just breaking down Shenzhen AV Display prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen AV Display is a good investment. Please check the relationship between Shenzhen Non Currrent Assets Other and its Property Plant And Equipment Gross accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen AV Display Co. 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.
Non Currrent Assets Other vs Property Plant And Equipment Gross
Non Currrent Assets Other vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen AV Display Non Currrent Assets Other account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen's Non Currrent Assets Other and Property Plant And Equipment Gross is 0.93. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Shenzhen AV Display Co, assuming nothing else is changed. The correlation between historical values of Shenzhen's Non Currrent Assets Other and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Shenzhen AV Display Co are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Currrent Assets Other i.e., Shenzhen's Non Currrent Assets Other and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
Property Plant And Equipment Gross
Most indicators from Shenzhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen AV Display 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 Shenzhen AV Display Co. 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 31.3
M, whereas
Tax Provision is forecasted to decline to about 14.2
M.
Shenzhen fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen AV Display at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.