603787 Stock | | | 11.05 0.17 1.56% |
Jiangsu Xinri financial indicator trend analysis is infinitely more than just investigating Jiangsu Xinri E recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Xinri E is a good investment. Please check the relationship between Jiangsu Xinri Other Assets and its Net Working Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Xinri E Vehicle. 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
Jiangsu Xinri E Other Assets account and
Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Jiangsu Xinri's Other Assets and Net Working Capital is -0.92. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Jiangsu Xinri E Vehicle, assuming nothing else is changed. The correlation between historical values of Jiangsu Xinri's Other Assets and Net Working Capital 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 Assets of Jiangsu Xinri E Vehicle are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Assets i.e., Jiangsu Xinri's Other Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Most indicators from Jiangsu Xinri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Xinri E 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 Jiangsu Xinri E Vehicle. 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
Tax Provision is expected to grow to about 7.2
M. The current year's
Selling General Administrative is expected to grow to about 316.1
MBalance Sheet is a snapshot of the
financial position of Jiangsu Xinri E at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Xinri Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Xinri 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.