600883 Stock | | | 7.84 0.24 3.16% |
Yunnan Bowin financial indicator trend analysis is more than just analyzing Yunnan Bowin Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Bowin Technology is a good investment. Please check the relationship between Yunnan Bowin Net Tangible Assets and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Bowin Technology. 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.
Net Tangible Assets vs Other Stockholder Equity
Net Tangible Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Bowin Technology Net Tangible Assets account and
Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Yunnan Bowin's Net Tangible Assets and Other Stockholder Equity is -0.6. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Yunnan Bowin Technology, assuming nothing else is changed. The correlation between historical values of Yunnan Bowin's Net Tangible Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Yunnan Bowin Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Yunnan Bowin's Net Tangible Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Other Stockholder Equity
Most indicators from Yunnan Bowin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Bowin Technology 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 Yunnan Bowin Technology. 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 December 3, 2024,
Selling General Administrative is expected to decline to about 10.6
M. In addition to that,
Tax Provision is expected to decline to 213.75
Yunnan Bowin fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Bowin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Bowin fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Bowin Technology at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Bowin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Bowin 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.