688188 Stock | | | 180.00 1.00 0.55% |
Shanghai Friendess financial indicator trend analysis is much more than just breaking down Shanghai Friendess prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Friendess is a good investment. Please check the relationship between Shanghai Friendess Non Current Liabilities Total and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Friendess Electronics. 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.
Non Current Liabilities Total vs Common Stock Shares Outstanding
Non Current Liabilities Total vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Friendess Non Current Liabilities Total account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Shanghai Friendess' Non Current Liabilities Total and Common Stock Shares Outstanding is 0.27. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Shanghai Friendess Electronics, assuming nothing else is changed. The correlation between historical values of Shanghai Friendess' Non Current Liabilities Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Shanghai Friendess Electronics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Liabilities Total i.e., Shanghai Friendess' Non Current Liabilities Total and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Shanghai Friendess' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Friendess 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 Friendess Electronics. 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
Selling General Administrative is expected to grow to about 124.4
M, whereas
Tax Provision is forecasted to decline to about 42.7
M.
Shanghai Friendess fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Friendess Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Friendess 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 Friendess at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Friendess Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Friendess 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.