600352 Stock | | | 10.56 0.11 1.03% |
Zhejiang Longsheng financial indicator trend analysis is more than just analyzing Zhejiang Longsheng current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Longsheng is a good investment. Please check the relationship between Zhejiang Longsheng End Period Cash Flow and its Change To Netincome accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Longsheng Group. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Longsheng End Period Cash Flow account and
Change To Netincome. At this time, the significance of the direction appears to have weak relationship.
The correlation between Zhejiang Longsheng's End Period Cash Flow and Change To Netincome is 0.35. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Zhejiang Longsheng Group, assuming nothing else is changed. The correlation between historical values of Zhejiang Longsheng's End Period Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Zhejiang Longsheng Group are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of End Period Cash Flow i.e., Zhejiang Longsheng's End Period Cash Flow and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Most indicators from Zhejiang Longsheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Longsheng 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 Zhejiang Longsheng Group. 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 980.4
M, whereas
Tax Provision is forecasted to decline to about 205.5
M.
Balance Sheet is a snapshot of the
financial position of Zhejiang Longsheng at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Longsheng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Longsheng 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.