Hainan Ebit vs Other Operating Expenses Analysis

000566 Stock   4.42  0.10  2.21%   
Hainan Haiyao financial indicator trend analysis is much more than just examining Hainan Haiyao latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Haiyao is a good investment. Please check the relationship between Hainan Haiyao Ebit and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Haiyao Co. 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.

Ebit vs Other Operating Expenses

Ebit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Haiyao Ebit account and Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Hainan Haiyao's Ebit and Other Operating Expenses is 0.07. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Hainan Haiyao Co, assuming nothing else is changed. The correlation between historical values of Hainan Haiyao's Ebit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Hainan Haiyao Co are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebit i.e., Hainan Haiyao's Ebit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ebit

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hainan Haiyao. It is also known as Hainan Haiyao overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Hainan Haiyao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Haiyao 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 Hainan Haiyao Co. 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.
As of January 21, 2025, Selling General Administrative is expected to decline to about 408 M. In addition to that, Tax Provision is expected to decline to about 8.7 M
 2022 2023 2024 2025 (projected)
Cost Of Revenue1.0B908.5M1.0B602.6M
Total Revenue1.8B1.5B1.7B1.1B

Hainan Haiyao fundamental ratios Correlations

-0.020.810.880.030.650.660.80.740.660.640.550.850.840.840.620.28-0.070.92-0.41-0.360.62-0.340.25-0.020.03
-0.02-0.120.07-0.410.070.190.080.110.190.160.22-0.11-0.25-0.19-0.230.480.4-0.190.370.05-0.190.41-0.180.410.22
0.81-0.120.540.340.710.180.920.430.430.230.320.980.930.940.940.22-0.550.88-0.77-0.350.9-0.690.58-0.44-0.42
0.880.070.54-0.270.450.90.570.770.740.760.590.60.640.650.30.320.320.80.01-0.290.270.060.040.30.16
0.03-0.410.34-0.270.23-0.450.19-0.26-0.2-0.41-0.170.310.370.240.41-0.21-0.620.22-0.57-0.010.49-0.520.3-0.48-0.3
0.650.070.710.450.230.170.820.150.520.320.460.650.560.520.510.41-0.140.56-0.36-0.050.75-0.190.170.120.05
0.660.190.180.9-0.450.170.240.790.70.810.550.290.350.34-0.060.20.60.540.34-0.2-0.120.36-0.230.510.35
0.80.080.920.570.190.820.240.430.470.360.480.90.790.820.790.3-0.310.79-0.56-0.350.88-0.460.49-0.15-0.25
0.740.110.430.77-0.260.150.790.430.480.790.410.580.590.60.350.080.180.67-0.11-0.30.16-0.120.130.070.01
0.660.190.430.74-0.20.520.70.470.480.560.710.450.430.430.160.30.310.540.05-0.340.150.17-0.120.320.22
0.640.160.230.76-0.410.320.810.360.790.560.610.350.340.360.070.030.450.520.17-0.270.060.17-0.030.440.23
0.550.220.320.59-0.170.460.550.480.410.710.610.350.280.290.10.00.370.440.1-0.740.240.150.00.440.29
0.85-0.110.980.60.310.650.290.90.580.450.350.350.960.970.920.18-0.490.92-0.73-0.380.85-0.660.58-0.42-0.43
0.84-0.250.930.640.370.560.350.790.590.430.340.280.960.960.870.17-0.440.94-0.67-0.330.77-0.620.57-0.4-0.45
0.84-0.190.940.650.240.520.340.820.60.430.360.290.970.960.90.14-0.470.95-0.7-0.380.76-0.660.59-0.46-0.48
0.62-0.230.940.30.410.51-0.060.790.350.160.070.10.920.870.90.06-0.760.76-0.9-0.330.88-0.870.71-0.7-0.64
0.280.480.220.32-0.210.410.20.30.080.30.030.00.180.170.140.060.20.090.110.370.120.2-0.10.230.13
-0.070.4-0.550.32-0.62-0.140.6-0.310.180.310.450.37-0.49-0.44-0.47-0.760.2-0.260.930.07-0.620.93-0.560.940.64
0.92-0.190.880.80.220.560.540.790.670.540.520.440.920.940.950.760.09-0.26-0.53-0.410.69-0.480.44-0.22-0.26
-0.410.37-0.770.01-0.57-0.360.34-0.56-0.110.050.170.1-0.73-0.67-0.7-0.90.110.93-0.530.24-0.790.97-0.60.860.53
-0.360.05-0.35-0.29-0.01-0.05-0.2-0.35-0.3-0.34-0.27-0.74-0.38-0.33-0.38-0.330.370.07-0.410.24-0.310.29-0.370.10.12
0.62-0.190.90.270.490.75-0.120.880.160.150.060.240.850.770.760.880.12-0.620.69-0.79-0.31-0.70.65-0.42-0.41
-0.340.41-0.690.06-0.52-0.190.36-0.46-0.120.170.170.15-0.66-0.62-0.66-0.870.20.93-0.480.970.29-0.7-0.640.910.59
0.25-0.180.580.040.30.17-0.230.490.13-0.12-0.030.00.580.570.590.71-0.1-0.560.44-0.6-0.370.65-0.64-0.55-0.82
-0.020.41-0.440.3-0.480.120.51-0.150.070.320.440.44-0.42-0.4-0.46-0.70.230.94-0.220.860.1-0.420.91-0.550.69
0.030.22-0.420.16-0.30.050.35-0.250.010.220.230.29-0.43-0.45-0.48-0.640.130.64-0.260.530.12-0.410.59-0.820.69
Click cells to compare fundamentals

Hainan Haiyao Account Relationship Matchups

Hainan Haiyao fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.3B8.4B7.4B7.4B8.5B4.5B
Other Current Liab260.9M185.2M3.9M80.0M92.0M158.3M
Total Current Liabilities5.0B4.7B4.0B3.7B4.3B4.5B
Total Stockholder Equity3.7B2.1B2.2B2.1B2.4B2.0B
Other Liab177.0M243.3M340.8M254.7M229.3M240.7M
Accounts Payable1.3B932.3M523.7M473.3M544.3M366.4M
Cash1.3B750.9M394.5M367.0M422.0M400.9M
Other Assets951.0M1.0B638.0M563.5M648.1M680.5M
Long Term Debt828.2M686.2M659.2M902.1M1.0B720.4M
Net Receivables707.2M1.5B326.4M361.5M415.7M576.2M
Inventory300.9M260.1M277.1M320.9M369.0M264.5M
Other Current Assets186.5M154.3M70.4M19.4M22.4M21.2M
Total Liab6.3B6.0B5.0B5.2B5.9B6.2B
Intangible Assets812.3M743.8M608.0M722.9M831.3M872.9M
Property Plant Equipment1.9B2.2B2.6B2.7B3.1B3.3B
Short Term Investments1.7B845.9M580.0M566.0M650.9M678.8M
Retained Earnings(351.1M)(1.9B)(2.0B)(2.1B)(1.9B)(1.8B)
Good Will299.4M297.3M270.9M218.2M251.0M239.3M
Net Tangible Assets3.7B3.0B1.5B1.6B1.4B2.6B
Other Stockholder Equity(255.9M)8.3M(18.6M)(39.2M)(45.0M)(47.3M)
Deferred Long Term Liab288.2M361.9M438.3M319.3M367.2M324.0M
Total Current Assets5.2B3.5B2.5B2.5B2.2B3.7B
Non Current Assets Total5.1B4.8B4.8B4.9B5.6B5.4B
Non Currrent Assets Other259.7M40.8M25.2M24.1M21.7M20.6M
Non Current Liabilities Total1.3B1.3B1.0B1.4B1.3B1.2B
Net Invested Capital7.1B4.3B4.8B4.8B4.3B5.1B
Short Long Term Debt2.6B1.5B2.0B1.8B1.6B1.6B
Non Current Liabilities Other165.8M246.8M250.8M255.6M230.0M209.3M
Net Working Capital194.7M(1.2B)(1.5B)(1.2B)(1.1B)(1.0B)
Net Debt2.2B1.4B2.3B2.3B2.7B1.8B
Property Plant And Equipment Net2.6B2.7B2.7B2.6B2.9B2.8B
Property Plant And Equipment Gross3.5B3.7B2.7B3.7B4.3B3.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Hainan Stock

Balance Sheet is a snapshot of the financial position of Hainan Haiyao at a specified time, usually calculated after every quarter, six months, or one year. Hainan Haiyao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hainan Haiyao 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 Hainan currently owns. An asset can also be divided into two categories, current and non-current.