YXTCOM Property Plant Equipment vs Intangible Assets Analysis

YXT Stock   2.61  0.09  3.33%   
YXTCOM GROUP financial indicator trend analysis is more than just analyzing YXTCOM GROUP HOLDING current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YXTCOM GROUP HOLDING is a good investment. Please check the relationship between YXTCOM GROUP Property Plant Equipment and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YXTCOM GROUP HOLDING. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Property Plant Equipment vs Intangible Assets

Property Plant Equipment vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YXTCOM GROUP HOLDING Property Plant Equipment account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between YXTCOM GROUP's Property Plant Equipment and Intangible Assets is -0.7. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of YXTCOM GROUP HOLDING, assuming nothing else is changed. The correlation between historical values of YXTCOM GROUP's Property Plant Equipment and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of YXTCOM GROUP HOLDING are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Property Plant Equipment i.e., YXTCOM GROUP's Property Plant Equipment and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant Equipment

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from YXTCOM GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YXTCOM GROUP HOLDING 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YXTCOM GROUP HOLDING. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Selling General Administrative is likely to gain to about 463.6 M in 2024, despite the fact that Tax Provision is likely to grow to (9.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit200.6M232.7M229.5M222.9M
Total Revenue361.0M430.6M424.0M399.2M

YXTCOM GROUP fundamental ratios Correlations

0.290.050.020.06-0.040.060.050.060.040.16-0.03-0.260.220.130.130.20.00.05-0.230.00.050.01-0.220.320.1
0.290.530.51-0.290.35-0.30.6-0.280.580.810.38-0.720.90.130.130.160.470.59-0.310.48-0.330.51-0.880.92-0.01
0.050.530.99-0.80.77-0.80.94-0.790.820.870.73-0.370.67-0.41-0.41-0.580.810.970.460.83-0.830.88-0.820.35-0.53
0.020.510.99-0.880.87-0.890.98-0.880.890.890.83-0.250.64-0.49-0.49-0.680.890.990.560.9-0.910.94-0.760.27-0.62
0.06-0.29-0.8-0.88-0.991.0-0.921.0-0.95-0.76-0.98-0.2-0.360.750.750.89-0.97-0.88-0.82-0.971.0-0.960.440.040.85
-0.040.350.770.87-0.99-0.990.92-0.990.970.781.00.190.41-0.71-0.71-0.860.990.870.780.99-0.990.97-0.450.0-0.82
0.06-0.3-0.8-0.891.0-0.99-0.921.0-0.95-0.77-0.98-0.19-0.370.750.750.89-0.97-0.88-0.81-0.981.0-0.960.450.030.85
0.050.60.940.98-0.920.92-0.92-0.910.970.930.91-0.20.69-0.5-0.5-0.680.960.990.550.96-0.940.99-0.750.31-0.64
0.06-0.28-0.79-0.881.0-0.991.0-0.91-0.94-0.76-0.98-0.22-0.350.760.760.9-0.97-0.87-0.83-0.971.0-0.960.430.050.86
0.040.580.820.89-0.950.97-0.950.97-0.940.90.97-0.030.6-0.59-0.59-0.710.990.920.60.99-0.960.98-0.640.25-0.72
0.160.810.870.89-0.760.78-0.770.93-0.760.90.78-0.420.78-0.39-0.39-0.40.840.920.260.85-0.790.88-0.890.61-0.53
-0.030.380.730.83-0.981.0-0.980.91-0.980.970.780.20.42-0.7-0.7-0.840.990.850.750.99-0.980.96-0.440.02-0.81
-0.26-0.72-0.37-0.25-0.20.19-0.19-0.2-0.22-0.03-0.420.2-0.75-0.56-0.56-0.530.07-0.280.650.05-0.14-0.050.78-0.86-0.47
0.220.90.670.64-0.360.41-0.370.69-0.350.60.780.42-0.750.250.250.00.540.71-0.170.55-0.420.61-0.890.750.09
0.130.13-0.41-0.490.75-0.710.75-0.50.76-0.59-0.39-0.7-0.560.251.00.78-0.62-0.45-0.8-0.610.71-0.570.010.30.98
0.130.13-0.41-0.490.75-0.710.75-0.50.76-0.59-0.39-0.7-0.560.251.00.78-0.62-0.45-0.8-0.610.71-0.570.010.30.98
0.20.16-0.58-0.680.89-0.860.89-0.680.9-0.71-0.4-0.84-0.530.00.780.78-0.79-0.64-0.99-0.790.88-0.760.050.480.83
0.00.470.810.89-0.970.99-0.970.96-0.970.990.840.990.070.54-0.62-0.62-0.790.910.691.0-0.980.99-0.550.12-0.74
0.050.590.970.99-0.880.87-0.880.99-0.870.920.920.85-0.280.71-0.45-0.45-0.640.910.510.92-0.910.96-0.790.33-0.58
-0.23-0.310.460.56-0.820.78-0.810.55-0.830.60.260.750.65-0.17-0.8-0.8-0.990.690.510.69-0.790.650.11-0.6-0.82
0.00.480.830.9-0.970.99-0.980.96-0.970.990.850.990.050.55-0.61-0.61-0.791.00.920.69-0.980.99-0.570.13-0.74
0.05-0.33-0.83-0.911.0-0.991.0-0.941.0-0.96-0.79-0.98-0.14-0.420.710.710.88-0.98-0.91-0.79-0.98-0.980.490.00.82
0.010.510.880.94-0.960.97-0.960.99-0.960.980.880.96-0.050.61-0.57-0.57-0.760.990.960.650.99-0.98-0.640.19-0.7
-0.22-0.88-0.82-0.760.44-0.450.45-0.750.43-0.64-0.89-0.440.78-0.890.010.010.05-0.55-0.790.11-0.570.49-0.64-0.820.15
0.320.920.350.270.040.00.030.310.050.250.610.02-0.860.750.30.30.480.120.33-0.60.130.00.19-0.820.21
0.1-0.01-0.53-0.620.85-0.820.85-0.640.86-0.72-0.53-0.81-0.470.090.980.980.83-0.74-0.58-0.82-0.740.82-0.70.150.21
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YXTCOM GROUP Account Relationship Matchups

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