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 Other Stockholder Equity and its Deferred Long Term Liab 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.
Other Stockholder Equity vs Deferred Long Term Liab
Other Stockholder Equity vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Longsheng Other Stockholder Equity account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zhejiang Longsheng's Other Stockholder Equity and Deferred Long Term Liab is 0.56. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Deferred Long Term Liab 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 Other Stockholder Equity and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Zhejiang Longsheng Group are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Stockholder Equity i.e., Zhejiang Longsheng's Other Stockholder Equity and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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.
Zhejiang Longsheng fundamental ratios Correlations
Click cells to compare fundamentals
Zhejiang Longsheng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhejiang Longsheng fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Zhejiang Stock
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.