| 688385 Stock | | | 50.45 3.90 8.38% |
Shanghai Fudan financial indicator trend analysis is much more than just breaking down Shanghai Fudan Micro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Fudan Micro is a good investment. Please check the relationship between Shanghai Fudan Net Receivables and its Property Plant And Equipment Gross accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Fudan Microelectronics. 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
Shanghai Fudan Micro Net Receivables account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Fudan's Net Receivables and Property Plant And Equipment Gross is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Shanghai Fudan Microelectronics, assuming nothing else is changed. The correlation between historical values of Shanghai Fudan's Net Receivables and Property Plant And Equipment Gross 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 Receivables of Shanghai Fudan Microelectronics are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Receivables i.e., Shanghai Fudan's Net Receivables and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Most indicators from Shanghai Fudan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Fudan Micro 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 Fudan Microelectronics. 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 103.9
M, whereas
Tax Provision is forecasted to decline to about 2.6
M.
Balance Sheet is a snapshot of the
financial position of Shanghai Fudan Micro at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Fudan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Fudan 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.