600100 Stock | | | 7.32 0.32 4.19% |
Tsinghuatongfang financial indicator trend analysis is much more than just breaking down Tsinghuatongfang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tsinghuatongfang is a good investment. Please check the relationship between Tsinghuatongfang Property Plant Equipment and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tsinghuatongfang 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 board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tsinghuatongfang Property Plant Equipment account and
Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tsinghuatongfang's Property Plant Equipment and Inventory is 0.37. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Inventory in the same time period over historical financial statements of Tsinghuatongfang Co, assuming nothing else is changed. The correlation between historical values of Tsinghuatongfang's Property Plant Equipment and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Tsinghuatongfang Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant Equipment i.e., Tsinghuatongfang's Property Plant Equipment and Inventory go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Most indicators from Tsinghuatongfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tsinghuatongfang 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 Tsinghuatongfang 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 board of governors.
As of December 23, 2024,
Selling General Administrative is expected to decline to about 2.2
B. In addition to that,
Tax Provision is expected to decline to about 7
MBalance Sheet is a snapshot of the
financial position of Tsinghuatongfang at a specified time, usually calculated after every quarter, six months, or one year. Tsinghuatongfang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tsinghuatongfang 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 Tsinghuatongfang currently owns. An asset can also be divided into two categories, current and non-current.