China Selling General Administrative vs Tax Provision Analysis

CLEU Stock  USD 1.08  0.04  3.57%   
China Liberal financial indicator trend analysis is way more than just evaluating China Liberal Education prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Liberal Education is a good investment. Please check the relationship between China Liberal Selling General Administrative and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Liberal Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Selling General Administrative vs Tax Provision

Selling General Administrative vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Liberal Education Selling General Administrative account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Liberal's Selling General Administrative and Tax Provision is 0.52. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of China Liberal Education, assuming nothing else is changed. The correlation between historical values of China Liberal's Selling General Administrative and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of China Liberal Education are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling General Administrative i.e., China Liberal's Selling General Administrative and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from China Liberal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Liberal Education 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 China Liberal Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, China Liberal's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.98 in 2024, despite the fact that Enterprise Value is likely to grow to (13.5 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization18.7K686.7K73.8K146.1K
Interest Income94.2K22.2K2.0K1.9K

China Liberal fundamental ratios Correlations

0.930.910.89-0.350.750.76-0.69-0.710.930.720.8-0.7-0.70.720.460.81-0.690.170.00.880.850.890.780.630.46
0.931.00.75-0.470.920.92-0.44-0.560.950.460.95-0.65-0.560.460.270.6-0.550.01-0.090.740.980.750.940.390.18
0.911.00.71-0.480.940.94-0.39-0.510.950.410.97-0.65-0.520.410.230.55-0.510.0-0.110.70.990.710.960.330.12
0.890.750.71-0.370.460.47-0.81-0.910.770.780.53-0.51-0.770.780.770.83-0.710.42-0.071.00.631.00.50.90.78
-0.35-0.47-0.48-0.37-0.35-0.33-0.230.52-0.570.27-0.41-0.330.10.27-0.52-0.13-0.11-0.490.78-0.39-0.45-0.37-0.38-0.22-0.11
0.750.920.940.46-0.351.0-0.19-0.20.830.221.0-0.68-0.350.22-0.10.32-0.4-0.21-0.030.430.980.461.00.02-0.2
0.760.920.940.47-0.331.0-0.21-0.210.820.240.99-0.69-0.340.24-0.10.33-0.39-0.240.00.440.980.461.00.03-0.19
-0.69-0.44-0.39-0.81-0.23-0.19-0.210.66-0.42-0.99-0.230.680.71-0.99-0.52-0.790.76-0.17-0.41-0.8-0.31-0.81-0.22-0.83-0.79
-0.71-0.56-0.51-0.910.52-0.2-0.210.66-0.6-0.61-0.290.160.54-0.61-0.92-0.740.49-0.490.28-0.93-0.4-0.91-0.25-0.92-0.84
0.930.950.950.77-0.570.830.82-0.42-0.60.450.87-0.54-0.60.450.390.64-0.520.27-0.230.760.90.770.860.450.26
0.720.460.410.780.270.220.24-0.99-0.610.450.26-0.72-0.691.00.450.81-0.770.10.440.760.330.770.250.780.73
0.80.950.970.53-0.411.00.99-0.23-0.290.870.26-0.66-0.390.26-0.010.37-0.42-0.13-0.080.510.990.531.00.1-0.12
-0.7-0.65-0.65-0.51-0.33-0.68-0.690.680.16-0.54-0.72-0.660.51-0.720.13-0.470.630.29-0.58-0.47-0.66-0.5-0.68-0.25-0.12
-0.7-0.56-0.52-0.770.1-0.35-0.340.710.54-0.6-0.69-0.390.51-0.69-0.55-0.770.79-0.44-0.12-0.75-0.46-0.77-0.38-0.71-0.63
0.720.460.410.780.270.220.24-0.99-0.610.451.00.26-0.72-0.690.450.81-0.770.10.440.760.330.770.250.780.73
0.460.270.230.77-0.52-0.1-0.1-0.52-0.920.390.45-0.010.13-0.550.450.62-0.380.72-0.390.790.110.77-0.050.910.9
0.810.60.550.83-0.130.320.33-0.79-0.740.640.810.37-0.47-0.770.810.62-0.860.25-0.030.820.440.830.360.780.7
-0.69-0.55-0.51-0.71-0.11-0.4-0.390.760.49-0.52-0.77-0.420.630.79-0.77-0.38-0.86-0.13-0.06-0.69-0.47-0.7-0.41-0.61-0.53
0.170.010.00.42-0.49-0.21-0.24-0.17-0.490.270.1-0.130.29-0.440.10.720.25-0.13-0.490.43-0.060.42-0.160.560.59
0.0-0.09-0.11-0.070.78-0.030.0-0.410.28-0.230.44-0.08-0.58-0.120.44-0.39-0.03-0.06-0.49-0.09-0.09-0.07-0.05-0.04-0.01
0.880.740.71.0-0.390.430.44-0.8-0.930.760.760.51-0.47-0.750.760.790.82-0.690.43-0.090.611.00.480.910.79
0.850.980.990.63-0.450.980.98-0.31-0.40.90.330.99-0.66-0.460.330.110.44-0.47-0.06-0.090.610.630.990.220.0
0.890.750.711.0-0.370.460.46-0.81-0.910.770.770.53-0.5-0.770.770.770.83-0.70.42-0.071.00.630.50.90.78
0.780.940.960.5-0.381.01.0-0.22-0.250.860.251.0-0.68-0.380.25-0.050.36-0.41-0.16-0.050.480.990.50.07-0.15
0.630.390.330.9-0.220.020.03-0.83-0.920.450.780.1-0.25-0.710.780.910.78-0.610.56-0.040.910.220.90.070.98
0.460.180.120.78-0.11-0.2-0.19-0.79-0.840.260.73-0.12-0.12-0.630.730.90.7-0.530.59-0.010.790.00.78-0.150.98
Click cells to compare fundamentals

China Liberal Account Relationship Matchups

China Liberal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.9M12.8M43.6M104.0M72.8M39.5M
Other Current Liab1.0M739.5K1.2M10.3M3.8M2.7M
Total Current Liabilities1.7M1.1M1.7M20.0M6.2M5.0M
Total Stockholder Equity5.2M11.6M42.0M62.5M66.5M69.9M
Net Tangible Assets5.2M11.6M42.0M(12.9M)(14.8M)(14.1M)
Property Plant And Equipment Net96.2K185.8K83.0K10.2M107.7K102.3K
Current Deferred Revenue562.1K154.9K291.8K7.8M212.5K201.8K
Net Debt(1.7M)(4.9M)(32.6M)(12.6M)(18.6M)(17.7M)
Retained Earnings528.3K1.6M147.3K(1.8M)(6.8M)(6.4M)
Accounts Payable51.1K125.2K169.1K878.4K571.4K328.2K
Cash1.7M5.0M32.7M13.7M20.3M11.9M
Non Current Assets Total1.2M448.5K83.0K85.6M7.2M6.8M
Non Currrent Assets Other1.6M1.1M262.6K(85.6M)351.7K369.3K
Other Assets1.6M1.1M262.6K1.00.90.86
Cash And Short Term Investments1.7M5.0M32.7M13.7M20.3M11.9M
Net Receivables2.4M6.8M4.5M3.1M41.5M43.5M
Common Stock Shares Outstanding6.5M390.2K691.2K1.2M2.3M2.4M
Liabilities And Stockholders Equity6.9M12.8M43.6M104.0M72.8M39.5M
Non Current Liabilities Total5.4K23.1K508.6K21.5M32.5K30.9K
Inventory(1.9M)196.3K201.1K193.7K3.7M3.9M
Other Current Assets3.5M318.0K6.2M1.5M114.7K109.0K
Total Liab1.7M1.1M1.7M41.5M6.3M8.4M
Net Invested Capital5.2M11.6M42.0M63.5M68.2M71.6M
Property Plant And Equipment Gross96.2K185.8K83.0K20.1M979.8K930.8K
Total Current Assets5.7M12.3M43.6M18.4M65.6M68.9M
Accumulated Other Comprehensive Income67.5K710.3K1.1M1.1M1.2M698.2K
Net Working Capital4.0M11.2M41.9M(1.6M)59.4M62.3M
Short Term Debt10.3K90.3K47.6K1.0M1.7M1.8M
Property Plant Equipment101.2K96.2K185.8K83.0K95.5K117.6K

Pair Trading with China Liberal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Liberal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Liberal will appreciate offsetting losses from the drop in the long position's value.

Moving together with China Stock

  0.87IH IhumanIncPairCorr

Moving against China Stock

  0.84LAUR Laureate Education Financial Report 2nd of May 2024 PairCorr
  0.63GOTU Gaotu Techedu DRCPairCorr
  0.53YQ 17 Education TechnologyPairCorr
The ability to find closely correlated positions to China Liberal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Liberal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Liberal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Liberal Education to buy it.
The correlation of China Liberal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Liberal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Liberal Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Liberal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether China Liberal Education is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if China Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about China Liberal Education Stock. Highlighted below are key reports to facilitate an investment decision about China Liberal Education Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Liberal Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the China Liberal Education information on this page should be used as a complementary analysis to other China Liberal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is China Liberal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Liberal. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Liberal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(370.62)
Revenue Per Share
1.243
Quarterly Revenue Growth
2.296
Return On Assets
(0.01)
The market value of China Liberal Education is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Liberal's value that differs from its market value or its book value, called intrinsic value, which is China Liberal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Liberal's market value can be influenced by many factors that don't directly affect China Liberal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Liberal's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Liberal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Liberal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.