Zhejiang Cash vs Total Assets Analysis

002840 Stock

13.44 0.18 1.36%

Zhejiang Huatong financial indicator trend analysis is more than just analyzing Zhejiang Huatong Meat current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Huatong Meat is a good investment. Please check the relationship between Zhejiang Huatong Cash and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Huatong Meat. 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.

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Huatong Meat Cash account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Zhejiang Huatong's Cash and Total Assets is 0.82. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zhejiang Huatong Meat, assuming nothing else is changed. The correlation between historical values of Zhejiang Huatong's Cash and Total 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 Cash of Zhejiang Huatong Meat are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Zhejiang Huatong's Cash and Total Assets go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Cash

Cash refers to the most liquid asset of Zhejiang Huatong Meat, which is listed under current asset account on Zhejiang Huatong Meat balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhejiang Huatong customers. The amounts must be unrestricted with restricted cash listed in a different Zhejiang Huatong account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Assets

Total assets refers to the total amount of Zhejiang Huatong assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zhejiang Huatong Meat books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Zhejiang Huatong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Huatong Meat 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 Zhejiang Huatong Meat. 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 23, 2024, Selling General Administrative is expected to decline to about 98.5 M. In addition to that, Discontinued Operations is expected to decline to about 8.3 M

	2021	2022	2023	2024 (projected)
Research Development	22.5M	36.2M	49.2M	51.7M
Income Tax Expense	18.9M	9.3M	10.7M	6.9M

Research Development Income Tax Expense

Zhejiang Huatong 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments
Total Assets		0.99	0.22	0.98	0.83	1.0	0.81	0.97	0.19	0.98	0.82	1.0	0.43	0.79	0.82	0.7	0.98	0.96	0.77	0.89	0.99	0.88	0.97	0.77	0.99	-0.79
Short Long Term Debt Total	0.99		0.12	0.99	0.75	0.99	0.81	1.0	0.06	0.99	0.76	0.99	0.35	0.78	0.76	0.67	0.99	0.96	0.69	0.87	1.0	0.83	0.98	0.69	0.96	-0.78
Other Current Liab	0.22	0.12		0.13	0.58	0.18	-0.25	0.06	0.54	0.09	0.56	0.19	0.74	0.18	0.56	0.16	0.1	0.24	0.34	0.36	0.12	0.45	0.13	0.41	0.26	0.2
Total Current Liabilities	0.98	0.99	0.13		0.75	0.99	0.82	0.99	0.03	0.98	0.74	0.98	0.32	0.82	0.74	0.68	0.97	0.97	0.69	0.91	0.99	0.82	1.0	0.69	0.96	-0.76
Total Stockholder Equity	0.83	0.75	0.58	0.75		0.8	0.59	0.7	0.59	0.73	0.94	0.82	0.67	0.67	0.94	0.73	0.75	0.76	0.9	0.76	0.75	0.94	0.72	0.91	0.86	-0.61
Property Plant And Equipment Net	1.0	0.99	0.18	0.99	0.8		0.81	0.99	0.13	0.99	0.79	1.0	0.39	0.8	0.79	0.68	0.99	0.96	0.75	0.89	1.0	0.85	0.97	0.74	0.98	-0.79
Current Deferred Revenue	0.81	0.81	-0.25	0.82	0.59	0.81		0.82	0.16	0.82	0.5	0.83	-0.04	0.67	0.5	0.68	0.82	0.7	0.74	0.62	0.82	0.59	0.79	0.66	0.82	-0.96
Net Debt	0.97	1.0	0.06	0.99	0.7	0.99	0.82		0.01	0.99	0.71	0.98	0.29	0.79	0.71	0.65	0.99	0.95	0.67	0.85	1.0	0.79	0.98	0.66	0.94	-0.79
Retained Earnings	0.19	0.06	0.54	0.03	0.59	0.13	0.16	0.01		0.07	0.5	0.18	0.47	0.11	0.5	0.31	0.09	0.02	0.64	0.0	0.06	0.39	-0.02	0.61	0.25	-0.27
Accounts Payable	0.98	0.99	0.09	0.98	0.73	0.99	0.82	0.99	0.07		0.71	0.98	0.29	0.81	0.71	0.63	0.99	0.93	0.72	0.85	0.99	0.79	0.96	0.71	0.94	-0.81
Cash	0.82	0.76	0.56	0.74	0.94	0.79	0.5	0.71	0.5	0.71		0.8	0.75	0.55	1.0	0.7	0.76	0.8	0.75	0.73	0.75	0.97	0.73	0.77	0.84	-0.51
Non Current Assets Total	1.0	0.99	0.19	0.98	0.82	1.0	0.83	0.98	0.18	0.98	0.8		0.39	0.79	0.8	0.7	0.99	0.95	0.78	0.88	0.99	0.86	0.96	0.77	0.98	-0.81
Non Currrent Assets Other	0.43	0.35	0.74	0.32	0.67	0.39	-0.04	0.29	0.47	0.29	0.75	0.39		0.3	0.75	0.36	0.35	0.47	0.34	0.46	0.34	0.66	0.32	0.4	0.43	0.04
Other Assets	0.79	0.78	0.18	0.82	0.67	0.8	0.67	0.79	0.11	0.81	0.55	0.79	0.3		0.55	0.58	0.75	0.79	0.67	0.79	0.79	0.67	0.82	0.65	0.74	-0.58
Cash And Short Term Investments	0.82	0.76	0.56	0.74	0.94	0.79	0.5	0.71	0.5	0.71	1.0	0.8	0.75	0.55		0.7	0.76	0.8	0.75	0.73	0.75	0.97	0.73	0.77	0.84	-0.51
Net Receivables	0.7	0.67	0.16	0.68	0.73	0.68	0.68	0.65	0.31	0.63	0.7	0.7	0.36	0.58	0.7		0.66	0.66	0.67	0.57	0.67	0.78	0.67	0.59	0.73	-0.61
Non Current Liabilities Total	0.98	0.99	0.1	0.97	0.75	0.99	0.82	0.99	0.09	0.99	0.76	0.99	0.35	0.75	0.76	0.66		0.94	0.71	0.85	0.99	0.82	0.96	0.69	0.96	-0.81
Inventory	0.96	0.96	0.24	0.97	0.76	0.96	0.7	0.95	0.02	0.93	0.8	0.95	0.47	0.79	0.8	0.66	0.94		0.61	0.94	0.96	0.86	0.98	0.64	0.93	-0.62
Other Current Assets	0.77	0.69	0.34	0.69	0.9	0.75	0.74	0.67	0.64	0.72	0.75	0.78	0.34	0.67	0.75	0.67	0.71	0.61		0.62	0.7	0.78	0.64	0.95	0.8	-0.8
Other Stockholder Equity	0.89	0.87	0.36	0.91	0.76	0.89	0.62	0.85	0.0	0.85	0.73	0.88	0.46	0.79	0.73	0.57	0.85	0.94	0.62		0.88	0.78	0.92	0.65	0.89	-0.54
Total Liab	0.99	1.0	0.12	0.99	0.75	1.0	0.82	1.0	0.06	0.99	0.75	0.99	0.34	0.79	0.75	0.67	0.99	0.96	0.7	0.88		0.83	0.98	0.69	0.97	-0.79
Total Current Assets	0.88	0.83	0.45	0.82	0.94	0.85	0.59	0.79	0.39	0.79	0.97	0.86	0.66	0.67	0.97	0.78	0.82	0.86	0.78	0.78	0.83		0.81	0.79	0.88	-0.58
Short Term Debt	0.97	0.98	0.13	1.0	0.72	0.97	0.79	0.98	-0.02	0.96	0.73	0.96	0.32	0.82	0.73	0.67	0.96	0.98	0.64	0.92	0.98	0.81		0.65	0.94	-0.72
Intangible Assets	0.77	0.69	0.41	0.69	0.91	0.74	0.66	0.66	0.61	0.71	0.77	0.77	0.4	0.65	0.77	0.59	0.69	0.64	0.95	0.65	0.69	0.79	0.65		0.78	-0.72
Common Stock	0.99	0.96	0.26	0.96	0.86	0.98	0.82	0.94	0.25	0.94	0.84	0.98	0.43	0.74	0.84	0.73	0.96	0.93	0.8	0.89	0.97	0.88	0.94	0.78		-0.8
Short Term Investments	-0.79	-0.78	0.2	-0.76	-0.61	-0.79	-0.96	-0.79	-0.27	-0.81	-0.51	-0.81	0.04	-0.58	-0.51	-0.61	-0.81	-0.62	-0.8	-0.54	-0.79	-0.58	-0.72	-0.72	-0.8

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Zhejiang Huatong Account Relationship Matchups

Zhejiang Huatong fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	5.0B	7.1B	8.9B	8.9B	9.4B
Short Long Term Debt Total	937.6M	1.9B	3.8B	4.1B	4.7B	5.0B
Other Current Liab	63.2M	9.2M	8.6M	172.5M	12.2M	11.6M
Total Current Liabilities	1.1B	1.3B	2.3B	2.8B	3.5B	3.7B
Total Stockholder Equity	1.5B	1.7B	1.5B	2.7B	2.1B	1.3B
Property Plant And Equipment Net	1.5B	2.7B	5.0B	5.7B	6.1B	6.4B
Current Deferred Revenue	161.7M	253.9M	241.1M	66.4M	292.1M	306.8M
Net Debt	591.2M	1.4B	3.3B	3.1B	4.1B	4.3B
Retained Earnings	677.5M	790.5M	574.4M	655.4M	33.5M	31.8M
Accounts Payable	142.0M	227.3M	569.0M	486.9M	621.8M	652.9M
Cash	346.4M	576.3M	424.2M	998.1M	628.5M	372.5M
Non Current Assets Total	2.1B	3.7B	5.9B	6.5B	6.9B	7.3B
Non Currrent Assets Other	38.5M	80.5M	22.4M	411.3M	14.4M	13.7M
Cash And Short Term Investments	346.4M	576.3M	424.2M	998.1M	628.5M	372.5M
Net Receivables	128.2M	117.5M	97.2M	120.9M	141.9M	86.9M
Liabilities And Stockholders Equity	3.1B	5.0B	7.1B	8.9B	8.9B	9.4B
Non Current Liabilities Total	245.6M	1.5B	2.7B	2.7B	3.1B	3.3B
Inventory	338.2M	366.7M	524.9M	1.0B	965.4M	1.0B
Other Current Assets	190.7M	204.5M	228.6M	195.3M	227.2M	155.7M
Other Stockholder Equity	486.9M	362.6M	443.4M	1.4B	1.4B	1.5B
Total Liab	1.4B	2.8B	5.0B	5.5B	6.7B	7.0B
Total Current Assets	1.0B	1.3B	1.3B	2.3B	2.0B	1.0B
Short Term Debt	762.7M	794.3M	1.5B	2.1B	2.6B	2.7B
Intangible Assets	205.1M	245.2M	265.6M	281.0M	287.7M	186.3M
Common Stock	277.4M	448.2M	456.2M	606.3M	614.6M	645.4M
Short Term Investments	(161.1M)	(420.8M)	(471.4M)	(90.7M)	(422.0M)	(400.9M)
Long Term Debt	174.9M	1.1B	2.2B	1.9B	2.0B	2.1B
Property Plant Equipment	1.6B	3.0B	5.3B	6.0B	6.9B	7.2B
Other Liab	70.7M	113.1M	232.9M	480.3M	552.4M	580.0M
Good Will	26.3M	43.9M	61.8M	65.2M	74.9M	44.2M
Net Tangible Assets	1.2B	1.4B	1.2B	2.3B	2.7B	2.8B
Deferred Long Term Liab	61.6M	101.0M	68.7M	67.7M	77.9M	46.0M
Short Long Term Debt	720.0M	716.3M	1.3B	1.4B	2.0B	2.1B
Non Current Liabilities Other	33.6M	181.9M	174.9M	181.6M	372.4M	188.8M
Common Stock Shares Outstanding	443.8M	448.2M	456.2M	606.3M	614.6M	538.5M
Net Invested Capital	2.4B	3.6B	5.0B	6.0B	6.0B	4.1B
Net Working Capital	(126.1M)	(19.6M)	(1.0B)	(455.8M)	(1.5B)	(1.5B)
Capital Stock	277.4M	448.2M	456.2M	606.3M	614.6M	489.6M

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Other Information on Investing in Zhejiang Stock

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

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Zhejiang Cash vs Total Assets Analysis

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

Correlation Coefficient

Cash

Total Assets

Zhejiang Huatong fundamental ratios Correlations

Zhejiang Huatong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Huatong fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Short Term Investments	- 0.96	Current Deferred Revenue
Short Term Investments	- 0.81	Non Current Liabilities Total
Short Term Investments	- 0.81	Non Current Assets Total
Short Term Investments	- 0.81	Accounts Payable
Short Term Investments	- 0.8	Common Stock
Short Term Investments	- 0.8	Other Current Assets