| 600449 Stock | | | 13.54 0.46 3.29% |
Ningxia Building financial indicator trend analysis is infinitely more than just investigating Ningxia Building Mat recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningxia Building Mat is a good investment. Please check the relationship between Ningxia Building Other Operating Expenses and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningxia Building Materials. 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 Operating Expenses vs Research Development
Other Operating Expenses vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningxia Building Mat Other Operating Expenses account and
Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ningxia Building's Other Operating Expenses and Research Development is -0.07. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of Ningxia Building Materials, assuming nothing else is changed. The correlation between historical values of Ningxia Building's Other Operating Expenses and Research Development 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 Operating Expenses of Ningxia Building Materials are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Other Operating Expenses i.e., Ningxia Building's Other Operating Expenses and Research Development go up and down completely randomly.
Correlation Coefficient | -0.07 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ningxia Building Mat. It is also known as Ningxia Building overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Research Development
Most indicators from Ningxia Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningxia Building Mat 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 Ningxia Building Materials. 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.
As of March 2, 2025,
Selling General Administrative is expected to decline to about 127
M. In addition to that,
Tax Provision is expected to decline to about 61.1
MNingxia Building fundamental ratios Correlations
Click cells to compare fundamentals
Ningxia Building Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ningxia Building fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Ningxia Stock
Balance Sheet is a snapshot of the
financial position of Ningxia Building Mat at a specified time, usually calculated after every quarter, six months, or one year. Ningxia Building Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningxia Building 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 Ningxia currently owns. An asset can also be divided into two categories, current and non-current.