Zhejiang Change In Cash vs Change To Liabilities Analysis

002840 Stock   10.76  0.02  0.19%   
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 Change In Cash and its Change To Liabilities 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.

Change In Cash vs Change To Liabilities

Change In Cash vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Huatong Meat Change In Cash account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zhejiang Huatong's Change In Cash and Change To Liabilities is -0.22. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change To Liabilities 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 Change In Cash and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Zhejiang Huatong Meat are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change In Cash i.e., Zhejiang Huatong's Change In Cash and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Change To Liabilities

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.
The current year's Selling General Administrative is expected to grow to about 90.4 M, whereas Discontinued Operations is forecasted to decline to about 8.3 M.
 2022 2024 2025 (projected)
Research Development36.2M56.6M59.4M
Income Tax Expense9.3M10.7M6.9M

Zhejiang Huatong fundamental ratios Correlations

0.990.130.990.831.00.860.980.010.980.821.00.320.810.820.740.990.970.790.920.990.980.980.780.99-0.8
0.990.030.990.771.00.861.0-0.10.990.770.990.250.80.770.721.00.970.730.911.00.960.990.720.97-0.78
0.130.030.030.460.09-0.27-0.020.550.010.470.10.740.140.470.070.020.130.250.220.030.230.030.320.160.22
0.990.990.030.760.990.870.99-0.130.980.750.980.210.830.750.730.980.980.730.941.00.971.00.720.97-0.76
0.830.770.460.760.810.650.740.40.760.950.820.570.710.950.780.770.780.920.780.770.860.750.920.85-0.67
1.01.00.090.990.810.860.99-0.040.990.791.00.280.820.790.730.990.970.770.921.00.970.980.760.98-0.8
0.860.86-0.270.870.650.860.87-0.020.870.570.87-0.080.720.570.730.870.790.770.740.870.80.850.70.87-0.93
0.981.0-0.020.990.740.990.87-0.141.00.730.990.190.80.730.710.990.960.710.91.00.940.980.70.96-0.79
0.01-0.10.55-0.130.4-0.04-0.02-0.14-0.090.340.010.470.030.340.11-0.07-0.140.43-0.16-0.10.04-0.180.430.06-0.18
0.980.990.010.980.760.990.871.0-0.090.730.990.20.820.730.70.990.950.750.90.990.940.970.740.96-0.81
0.820.770.470.750.950.790.570.730.340.730.80.650.61.00.750.770.80.790.740.760.870.740.810.83-0.58
1.00.990.10.980.821.00.870.990.010.990.80.290.810.80.740.990.960.790.910.990.970.970.780.99-0.82
0.320.250.740.210.570.28-0.080.190.470.20.650.290.270.650.260.250.350.270.330.230.420.210.330.320.06
0.810.80.140.830.710.820.720.80.030.820.60.810.270.60.630.770.810.710.80.810.80.820.70.77-0.6
0.820.770.470.750.950.790.570.730.340.731.00.80.650.60.750.770.80.790.740.760.870.740.810.83-0.58
0.740.720.070.730.780.730.730.710.110.70.750.740.260.630.750.710.710.740.650.730.750.720.680.76-0.67
0.991.00.020.980.770.990.870.99-0.070.990.770.990.250.770.770.710.960.740.891.00.950.970.730.97-0.81
0.970.970.130.980.780.970.790.96-0.140.950.80.960.350.810.80.710.960.660.960.970.980.990.680.95-0.65
0.790.730.250.730.920.770.770.710.430.750.790.790.270.710.790.740.740.660.670.740.750.690.960.81-0.84
0.920.910.220.940.780.920.740.9-0.160.90.740.910.330.80.740.650.890.960.670.920.940.950.690.92-0.59
0.991.00.031.00.771.00.871.0-0.10.990.760.990.230.810.760.731.00.970.740.920.960.990.730.98-0.79
0.980.960.230.970.860.970.80.940.040.940.870.970.420.80.870.750.950.980.750.940.960.960.760.98-0.7
0.980.990.031.00.750.980.850.98-0.180.970.740.970.210.820.740.720.970.990.690.950.990.960.690.96-0.73
0.780.720.320.720.920.760.70.70.430.740.810.780.330.70.810.680.730.680.960.690.730.760.690.79-0.76
0.990.970.160.970.850.980.870.960.060.960.830.990.320.770.830.760.970.950.810.920.980.980.960.79-0.8
-0.8-0.780.22-0.76-0.67-0.8-0.93-0.79-0.18-0.81-0.58-0.820.06-0.6-0.58-0.67-0.81-0.65-0.84-0.59-0.79-0.7-0.73-0.76-0.8
Click cells to compare fundamentals

Zhejiang Huatong Account Relationship Matchups

Zhejiang Huatong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.0B7.1B8.9B8.9B10.2B10.8B
Short Long Term Debt Total1.9B3.8B4.1B4.7B5.4B5.7B
Other Current Liab9.2M8.6M172.5M12.2M14.1M13.4M
Total Current Liabilities1.3B2.3B2.8B3.5B4.0B4.2B
Total Stockholder Equity1.7B1.5B2.7B2.1B2.4B1.3B
Property Plant And Equipment Net2.7B5.0B5.7B6.1B7.0B7.4B
Current Deferred Revenue253.9M241.1M66.4M292.1M336.0M352.8M
Net Debt1.4B3.3B3.1B4.1B4.7B4.9B
Retained Earnings790.5M574.4M655.4M33.5M38.5M36.6M
Accounts Payable227.3M569.0M486.9M621.8M715.0M750.8M
Cash576.3M424.2M998.1M628.5M722.7M372.5M
Non Current Assets Total3.7B5.9B6.5B6.9B8.0B8.4B
Non Currrent Assets Other80.5M22.4M411.3M14.4M16.6M15.7M
Cash And Short Term Investments576.3M424.2M998.1M628.5M722.7M372.5M
Net Receivables117.5M97.2M120.9M141.9M163.2M86.9M
Liabilities And Stockholders Equity5.0B7.1B8.9B8.9B10.2B10.8B
Non Current Liabilities Total1.5B2.7B2.7B3.1B3.6B3.8B
Inventory366.7M524.9M1.0B965.4M1.1B1.2B
Other Current Assets204.5M228.6M195.3M227.2M261.3M155.7M
Other Stockholder Equity362.6M443.4M1.4B1.4B1.6B1.7B
Total Liab2.8B5.0B5.5B6.7B7.7B8.0B
Total Current Assets1.3B1.3B2.3B2.0B2.3B2.4B
Short Term Debt794.3M1.5B2.1B2.6B3.0B3.1B
Intangible Assets245.2M265.6M281.0M287.7M330.8M186.3M
Common Stock448.2M456.2M606.3M614.6M706.8M742.2M
Short Term Investments(420.8M)(471.4M)(90.7M)(422.0M)(379.8M)(360.8M)
Long Term Debt1.1B2.2B1.9B2.0B2.3B2.4B
Property Plant Equipment1.6B3.0B5.3B6.0B6.9B7.2B
Other Liab70.7M113.1M232.9M480.3M552.4M580.0M
Net Tangible Assets1.2B1.4B1.2B2.3B2.7B2.8B
Deferred Long Term Liab61.6M101.0M68.7M67.7M77.9M46.0M
Short Long Term Debt716.3M1.3B1.4B2.0B2.3B2.4B
Non Current Liabilities Other181.9M174.9M181.6M372.4M428.3M449.7M
Common Stock Shares Outstanding448.2M456.2M606.3M614.6M706.8M538.5M
Net Invested Capital3.6B5.0B6.0B6.0B6.9B4.1B
Net Working Capital(19.6M)(1.0B)(455.8M)(1.5B)(1.4B)(1.3B)
Capital Stock448.2M456.2M606.3M614.6M706.8M489.6M

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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.