Huagong Total Revenue vs Depreciation And Amortization Analysis

000988 Stock

37.95 0.14 0.37%

Huagong Tech financial indicator trend analysis is much more than just examining Huagong Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huagong Tech is a good investment. Please check the relationship between Huagong Tech Total Revenue and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huagong Tech 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.

Total Revenue vs Depreciation And Amortization

Total Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huagong Tech Total Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Huagong Tech's Total Revenue and Depreciation And Amortization is 0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Huagong Tech Co, assuming nothing else is changed. The correlation between historical values of Huagong Tech's Total Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Huagong Tech Co are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Revenue i.e., Huagong Tech's Total Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Revenue

Total revenue comprises all receipts Huagong Tech generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from Huagong Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huagong Tech 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 Huagong Tech 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 December 18, 2024, Selling General Administrative is expected to decline to about 59.6 M. In addition to that, Tax Provision is expected to decline to about 90.5 M

	2021	2022	2023	2024 (projected)
Gross Profit	1.7B	2.3B	2.2B	2.3B
Total Revenue	10.2B	12.0B	10.2B	10.7B

Gross Profit Total Revenue

Huagong Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Other Stockholder Equity	Common Stock	Other Liab
Total Assets		0.91	0.49	0.98	0.99	0.93	0.78	-0.11	0.92	0.98	0.97	0.46	0.98	1.0	0.78	0.9	0.96	0.51	0.99	1.0	0.89	0.76	0.98	0.67	0.52	0.98
Short Long Term Debt Total	0.91		0.51	0.85	0.86	0.8	0.59	0.28	0.71	0.87	0.87	0.3	0.87	0.93	0.6	0.98	0.79	0.62	0.93	0.91	0.95	0.64	0.95	0.37	0.27	0.92
Other Current Liab	0.49	0.51		0.49	0.42	0.6	0.16	0.33	0.4	0.34	0.62	0.28	0.34	0.51	0.36	0.58	0.45	0.12	0.54	0.44	0.37	0.51	0.5	0.05	0.39	0.53
Total Current Liabilities	0.98	0.85	0.49		0.96	0.91	0.8	-0.15	0.97	0.94	0.98	0.59	0.94	0.97	0.76	0.85	0.98	0.44	0.98	0.97	0.85	0.71	0.95	0.69	0.54	0.95
Total Stockholder Equity	0.99	0.86	0.42	0.96		0.94	0.77	-0.22	0.91	0.99	0.94	0.39	0.98	0.98	0.82	0.84	0.96	0.53	0.95	0.99	0.88	0.8	0.96	0.74	0.57	0.96
Property Plant And Equipment Net	0.93	0.8	0.6	0.91	0.94		0.72	-0.17	0.85	0.9	0.93	0.37	0.9	0.92	0.82	0.79	0.92	0.43	0.9	0.92	0.79	0.91	0.91	0.65	0.7	0.9
Current Deferred Revenue	0.78	0.59	0.16	0.8	0.77	0.72		-0.38	0.82	0.8	0.74	0.53	0.8	0.74	0.61	0.64	0.84	0.2	0.77	0.78	0.54	0.52	0.75	0.61	0.41	0.72
Net Debt	-0.11	0.28	0.33	-0.15	-0.22	-0.17	-0.38		-0.33	-0.22	-0.02	-0.05	-0.23	-0.05	-0.35	0.29	-0.24	0.11	-0.01	-0.14	0.16	-0.17	-0.01	-0.63	-0.42	-0.05
Accounts Payable	0.92	0.71	0.4	0.97	0.91	0.85	0.82	-0.33		0.89	0.93	0.69	0.89	0.9	0.75	0.72	0.98	0.29	0.92	0.91	0.72	0.62	0.87	0.76	0.56	0.88
Cash	0.98	0.87	0.34	0.94	0.99	0.9	0.8	-0.22	0.89		0.89	0.33	1.0	0.97	0.79	0.85	0.93	0.57	0.94	0.99	0.88	0.74	0.97	0.7	0.49	0.96
Non Current Assets Total	0.97	0.87	0.62	0.98	0.94	0.93	0.74	-0.02	0.93	0.89		0.61	0.89	0.96	0.75	0.88	0.97	0.37	0.98	0.94	0.83	0.75	0.95	0.61	0.54	0.94
Non Currrent Assets Other	0.46	0.3	0.28	0.59	0.39	0.37	0.53	-0.05	0.69	0.33	0.61		0.34	0.43	0.3	0.36	0.61	-0.25	0.53	0.41	0.26	0.13	0.4	0.37	0.25	0.39
Cash And Short Term Investments	0.98	0.87	0.34	0.94	0.98	0.9	0.8	-0.23	0.89	1.0	0.89	0.34		0.97	0.79	0.84	0.92	0.56	0.94	0.99	0.88	0.73	0.97	0.7	0.49	0.96
Net Receivables	1.0	0.93	0.51	0.97	0.98	0.92	0.74	-0.05	0.9	0.97	0.96	0.43	0.97		0.77	0.92	0.94	0.53	0.99	0.99	0.91	0.75	0.99	0.63	0.48	0.99
Common Stock Shares Outstanding	0.78	0.6	0.36	0.76	0.82	0.82	0.61	-0.35	0.75	0.79	0.75	0.3	0.79	0.77		0.59	0.8	0.31	0.73	0.78	0.62	0.76	0.75	0.82	0.8	0.76
Non Current Liabilities Total	0.9	0.98	0.58	0.85	0.84	0.79	0.64	0.29	0.72	0.85	0.88	0.36	0.84	0.92	0.59		0.8	0.5	0.93	0.89	0.87	0.61	0.94	0.32	0.24	0.92
Inventory	0.96	0.79	0.45	0.98	0.96	0.92	0.84	-0.24	0.98	0.93	0.97	0.61	0.92	0.94	0.8	0.8		0.33	0.95	0.95	0.78	0.75	0.92	0.73	0.59	0.92
Other Current Assets	0.51	0.62	0.12	0.44	0.53	0.43	0.2	0.11	0.29	0.57	0.37	-0.25	0.56	0.53	0.31	0.5	0.33		0.47	0.55	0.71	0.39	0.5	0.37	0.21	0.49
Total Liab	0.99	0.93	0.54	0.98	0.95	0.9	0.77	-0.01	0.92	0.94	0.98	0.53	0.94	0.99	0.73	0.93	0.95	0.47		0.98	0.89	0.7	0.98	0.59	0.46	0.97
Total Current Assets	1.0	0.91	0.44	0.97	0.99	0.92	0.78	-0.14	0.91	0.99	0.94	0.41	0.99	0.99	0.78	0.89	0.95	0.55	0.98		0.9	0.75	0.98	0.68	0.5	0.98
Short Term Debt	0.89	0.95	0.37	0.85	0.88	0.79	0.54	0.16	0.72	0.88	0.83	0.26	0.88	0.91	0.62	0.87	0.78	0.71	0.89	0.9		0.67	0.91	0.49	0.35	0.88
Intangible Assets	0.76	0.64	0.51	0.71	0.8	0.91	0.52	-0.17	0.62	0.74	0.75	0.13	0.73	0.75	0.76	0.61	0.75	0.39	0.7	0.75	0.67		0.73	0.59	0.72	0.71
Retained Earnings	0.98	0.95	0.5	0.95	0.96	0.91	0.75	-0.01	0.87	0.97	0.95	0.4	0.97	0.99	0.75	0.94	0.92	0.5	0.98	0.98	0.91	0.73		0.56	0.42	0.99
Other Stockholder Equity	0.67	0.37	0.05	0.69	0.74	0.65	0.61	-0.63	0.76	0.7	0.61	0.37	0.7	0.63	0.82	0.32	0.73	0.37	0.59	0.68	0.49	0.59	0.56		0.71	0.58
Common Stock	0.52	0.27	0.39	0.54	0.57	0.7	0.41	-0.42	0.56	0.49	0.54	0.25	0.49	0.48	0.8	0.24	0.59	0.21	0.46	0.5	0.35	0.72	0.42	0.71		0.45
Other Liab	0.98	0.92	0.53	0.95	0.96	0.9	0.72	-0.05	0.88	0.96	0.94	0.39	0.96	0.99	0.76	0.92	0.92	0.49	0.97	0.98	0.88	0.71	0.99	0.58	0.45

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Huagong Tech Account Relationship Matchups

Huagong Tech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.6B	11.1B	13.9B	16.8B	17.4B	18.3B
Short Long Term Debt Total	691.8M	933.4M	1.9B	3.0B	4.4B	4.6B
Other Current Liab	169.3M	74.7M	347.4M	655.3M	574.3M	603.0M
Total Current Liabilities	3.2B	4.0B	4.9B	6.7B	5.4B	5.7B
Total Stockholder Equity	6.1B	6.6B	7.4B	8.2B	9.2B	9.6B
Property Plant And Equipment Net	1.5B	1.5B	1.7B	1.9B	2.0B	2.1B
Current Deferred Revenue	335.2M	567.5M	902.1M	475.7M	447.2M	469.6M
Net Debt	(1.9B)	(2.3B)	(1.4B)	(351.5M)	48.7M	51.2M
Accounts Payable	2.0B	2.6B	3.1B	4.1B	2.5B	2.7B
Cash	2.6B	3.2B	3.3B	3.4B	4.4B	4.6B
Non Current Assets Total	2.4B	2.6B	3.9B	5.3B	4.4B	4.6B
Non Currrent Assets Other	298.8M	202.0M	1.3B	2.3B	49.5M	47.0M
Cash And Short Term Investments	2.9B	3.3B	3.4B	3.5B	4.5B	4.7B
Net Receivables	3.1B	3.4B	4.5B	5.6B	6.2B	6.5B
Common Stock Shares Outstanding	900.4M	1.0B	1.0B	1.0B	1.2B	919.9M
Liabilities And Stockholders Equity	9.6B	11.1B	13.9B	16.8B	17.4B	18.3B
Non Current Liabilities Total	197.9M	341.8M	1.5B	1.8B	2.6B	2.7B
Inventory	1.3B	1.7B	2.0B	2.4B	1.9B	2.0B
Other Current Assets	41.4M	62.6M	20.7M	40.8M	487.5M	511.9M
Total Liab	3.4B	4.4B	6.5B	8.5B	8.0B	8.4B
Total Current Assets	7.3B	8.5B	10.0B	11.5B	13.0B	13.7B
Short Term Debt	639.8M	781.1M	584.0M	1.5B	1.9B	2.0B
Intangible Assets	319.0M	329.9M	323.0M	314.2M	400.3M	420.3M
Retained Earnings	2.4B	2.9B	3.6B	4.4B	5.3B	5.6B
Other Stockholder Equity	2.5B	2.5B	2.6B	2.6B	2.6B	1.3B
Other Liab	141.5M	184.7M	209.0M	280.2M	322.2M	338.3M
Long Term Debt	56.4M	152.3M	1.3B	1.5B	2.5B	2.6B
Short Term Investments	221.2M	87.6M	123.0M	116.1M	125.5M	131.7M
Property Plant Equipment	1.5B	1.5B	1.7B	1.9B	2.1B	2.2B
Net Tangible Assets	5.9B	6.3B	7.1B	8.0B	9.2B	6.0B
Deferred Long Term Liab	44.6M	90.3M	117.7M	97.4M	112.0M	67.3M
Short Long Term Debt	639.8M	781.1M	570.6M	739.4M	49.0M	46.6M
Net Invested Capital	6.8B	7.6B	9.2B	10.5B	11.7B	9.1B
Net Working Capital	4.1B	4.4B	5.0B	4.8B	7.6B	5.2B

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

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Huagong Total Revenue vs Depreciation And Amortization Analysis

Total Revenue vs Depreciation And Amortization

Total Revenue vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Total Revenue

Depreciation And Amortization

Huagong Tech fundamental ratios Correlations

Huagong Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huagong Tech fundamental ratios Accounts

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Other Information on Investing in Huagong Stock

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Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Cash	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.63	Net Debt
Common Stock	- 0.42	Net Debt
Net Debt	- 0.38	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.35	Net Debt
Accounts Payable	- 0.33	Net Debt
Other Current Assets	- 0.25	Non Currrent Assets Other