| 600691 Stock | | | 2.08 0.04 1.89% |
Yangmei Chemical financial indicator trend analysis is more than just analyzing Yangmei Chemical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yangmei Chemical is a good investment. Please check the relationship between Yangmei Chemical Total Cash From Operating Activities and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yangmei Chemical 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 nation.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yangmei Chemical Total Cash From Operating Activities account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Yangmei Chemical's Total Cash From Operating Activities and Non Current Liabilities Total is -0.58. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Yangmei Chemical Co, assuming nothing else is changed. The correlation between historical values of Yangmei Chemical's Total Cash From Operating Activities and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Yangmei Chemical Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Cash From Operating Activities i.e., Yangmei Chemical's Total Cash From Operating Activities and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Most indicators from Yangmei Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yangmei Chemical 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 Yangmei Chemical 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 nation.
As of January 23, 2025,
Selling General Administrative is expected to decline to about 120.7
M. In addition to that,
Tax Provision is expected to decline to about 7.9
MBalance Sheet is a snapshot of the
financial position of Yangmei Chemical at a specified time, usually calculated after every quarter, six months, or one year. Yangmei Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yangmei Chemical 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 Yangmei currently owns. An asset can also be divided into two categories, current and non-current.