| 600159 Stock | | | 2.39 0.03 1.27% |
Beijing Dalong financial indicator trend analysis is way more than just evaluating Beijing Dalong Weiye prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Dalong Weiye is a good investment. Please check the relationship between Beijing Dalong Capital Expenditures and its End Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Dalong Weiye. 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.
Capital Expenditures vs End Period Cash Flow
Capital Expenditures vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Dalong Weiye Capital Expenditures account and
End Period Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Dalong's Capital Expenditures and End Period Cash Flow is 0.25. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Beijing Dalong Weiye, assuming nothing else is changed. The correlation between historical values of Beijing Dalong's Capital Expenditures and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Beijing Dalong Weiye are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Capital Expenditures i.e., Beijing Dalong's Capital Expenditures and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Beijing Dalong Weiye to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Beijing Dalong operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
End Period Cash Flow
Most indicators from Beijing Dalong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Dalong Weiye 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 Beijing Dalong Weiye. 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 45.8
M. The current year's
Tax Provision is expected to grow to about 41
MBeijing Dalong fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Dalong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Dalong fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Dalong Weiye at a specified time, usually calculated after every quarter, six months, or one year. Beijing Dalong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Dalong 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.