688180 Stock | | | 29.97 0.13 0.43% |
Shanghai Junshi financial indicator trend analysis is much more than just breaking down Shanghai Junshi Bios prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Junshi Bios is a good investment. Please check the relationship between Shanghai Junshi Common Stock Shares Outstanding and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Junshi Biosciences. 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.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Junshi Bios Common Stock Shares Outstanding account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Shanghai Junshi's Common Stock Shares Outstanding and Retained Earnings is -0.97. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shanghai Junshi Biosciences, assuming nothing else is changed. The correlation between historical values of Shanghai Junshi's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Shanghai Junshi Biosciences are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Shanghai Junshi's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Shanghai Junshi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Junshi Bios 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 Shanghai Junshi Biosciences. 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.
At present, Shanghai Junshi's
Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's
Discontinued Operations is expected to grow to about 107.5
K, whereas
Selling General Administrative is forecasted to decline to about 869.3
M.
Shanghai Junshi fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Junshi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Junshi fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Junshi Bios at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Junshi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Junshi 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.