Zhejiang Gross Profit vs Research Development Analysis

002840 Stock

10.74 0.01 0.09%

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 Gross Profit and its Research Development 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.

Gross Profit vs Research Development

Gross Profit vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Huatong Meat Gross Profit account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Zhejiang Huatong's Gross Profit and Research Development is -0.24. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development 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 Gross Profit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Zhejiang Huatong Meat are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., Zhejiang Huatong's Gross Profit and Research Development go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zhejiang Huatong Meat minus its cost of goods sold. It is profit before Zhejiang Huatong operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Research Development

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 Development	36.2M	56.6M	59.4M
Income Tax Expense	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	0.13	0.99	0.83	1.0	0.86	0.98	0.01	0.98	0.82	1.0	0.32	0.81	0.82	0.74	0.99	0.97	0.79	0.92	0.99	0.98	0.98	0.78	0.99	-0.8
Short Long Term Debt Total	0.99		0.03	0.99	0.77	1.0	0.86	1.0	-0.1	0.99	0.77	0.99	0.25	0.8	0.77	0.72	1.0	0.97	0.73	0.91	1.0	0.96	0.99	0.72	0.97	-0.78
Other Current Liab	0.13	0.03		0.03	0.46	0.09	-0.27	-0.02	0.55	0.01	0.47	0.1	0.74	0.14	0.47	0.07	0.02	0.13	0.25	0.22	0.03	0.23	0.03	0.32	0.16	0.22
Total Current Liabilities	0.99	0.99	0.03		0.76	0.99	0.87	0.99	-0.13	0.98	0.75	0.98	0.21	0.83	0.75	0.73	0.98	0.98	0.73	0.94	1.0	0.97	1.0	0.72	0.97	-0.76
Total Stockholder Equity	0.83	0.77	0.46	0.76		0.81	0.65	0.74	0.4	0.76	0.95	0.82	0.57	0.71	0.95	0.78	0.77	0.78	0.92	0.78	0.77	0.86	0.75	0.92	0.85	-0.67
Property Plant And Equipment Net	1.0	1.0	0.09	0.99	0.81		0.86	0.99	-0.04	0.99	0.79	1.0	0.28	0.82	0.79	0.73	0.99	0.97	0.77	0.92	1.0	0.97	0.98	0.76	0.98	-0.8
Current Deferred Revenue	0.86	0.86	-0.27	0.87	0.65	0.86		0.87	-0.02	0.87	0.57	0.87	-0.08	0.72	0.57	0.73	0.87	0.79	0.77	0.74	0.87	0.8	0.85	0.7	0.87	-0.93
Net Debt	0.98	1.0	-0.02	0.99	0.74	0.99	0.87		-0.14	1.0	0.73	0.99	0.19	0.8	0.73	0.71	0.99	0.96	0.71	0.9	1.0	0.94	0.98	0.7	0.96	-0.79
Retained Earnings	0.01	-0.1	0.55	-0.13	0.4	-0.04	-0.02	-0.14		-0.09	0.34	0.01	0.47	0.03	0.34	0.11	-0.07	-0.14	0.43	-0.16	-0.1	0.04	-0.18	0.43	0.06	-0.18
Accounts Payable	0.98	0.99	0.01	0.98	0.76	0.99	0.87	1.0	-0.09		0.73	0.99	0.2	0.82	0.73	0.7	0.99	0.95	0.75	0.9	0.99	0.94	0.97	0.74	0.96	-0.81
Cash	0.82	0.77	0.47	0.75	0.95	0.79	0.57	0.73	0.34	0.73		0.8	0.65	0.6	1.0	0.75	0.77	0.8	0.79	0.74	0.76	0.87	0.74	0.81	0.83	-0.58
Non Current Assets Total	1.0	0.99	0.1	0.98	0.82	1.0	0.87	0.99	0.01	0.99	0.8		0.29	0.81	0.8	0.74	0.99	0.96	0.79	0.91	0.99	0.97	0.97	0.78	0.99	-0.82
Non Currrent Assets Other	0.32	0.25	0.74	0.21	0.57	0.28	-0.08	0.19	0.47	0.2	0.65	0.29		0.27	0.65	0.26	0.25	0.35	0.27	0.33	0.23	0.42	0.21	0.33	0.32	0.06
Other Assets	0.81	0.8	0.14	0.83	0.71	0.82	0.72	0.8	0.03	0.82	0.6	0.81	0.27		0.6	0.63	0.77	0.81	0.71	0.8	0.81	0.8	0.82	0.7	0.77	-0.6
Cash And Short Term Investments	0.82	0.77	0.47	0.75	0.95	0.79	0.57	0.73	0.34	0.73	1.0	0.8	0.65	0.6		0.75	0.77	0.8	0.79	0.74	0.76	0.87	0.74	0.81	0.83	-0.58
Net Receivables	0.74	0.72	0.07	0.73	0.78	0.73	0.73	0.71	0.11	0.7	0.75	0.74	0.26	0.63	0.75		0.71	0.71	0.74	0.65	0.73	0.75	0.72	0.68	0.76	-0.67
Non Current Liabilities Total	0.99	1.0	0.02	0.98	0.77	0.99	0.87	0.99	-0.07	0.99	0.77	0.99	0.25	0.77	0.77	0.71		0.96	0.74	0.89	1.0	0.95	0.97	0.73	0.97	-0.81
Inventory	0.97	0.97	0.13	0.98	0.78	0.97	0.79	0.96	-0.14	0.95	0.8	0.96	0.35	0.81	0.8	0.71	0.96		0.66	0.96	0.97	0.98	0.99	0.68	0.95	-0.65
Other Current Assets	0.79	0.73	0.25	0.73	0.92	0.77	0.77	0.71	0.43	0.75	0.79	0.79	0.27	0.71	0.79	0.74	0.74	0.66		0.67	0.74	0.75	0.69	0.96	0.81	-0.84
Other Stockholder Equity	0.92	0.91	0.22	0.94	0.78	0.92	0.74	0.9	-0.16	0.9	0.74	0.91	0.33	0.8	0.74	0.65	0.89	0.96	0.67		0.92	0.94	0.95	0.69	0.92	-0.59
Total Liab	0.99	1.0	0.03	1.0	0.77	1.0	0.87	1.0	-0.1	0.99	0.76	0.99	0.23	0.81	0.76	0.73	1.0	0.97	0.74	0.92		0.96	0.99	0.73	0.98	-0.79
Total Current Assets	0.98	0.96	0.23	0.97	0.86	0.97	0.8	0.94	0.04	0.94	0.87	0.97	0.42	0.8	0.87	0.75	0.95	0.98	0.75	0.94	0.96		0.96	0.76	0.98	-0.7
Short Term Debt	0.98	0.99	0.03	1.0	0.75	0.98	0.85	0.98	-0.18	0.97	0.74	0.97	0.21	0.82	0.74	0.72	0.97	0.99	0.69	0.95	0.99	0.96		0.69	0.96	-0.73
Intangible Assets	0.78	0.72	0.32	0.72	0.92	0.76	0.7	0.7	0.43	0.74	0.81	0.78	0.33	0.7	0.81	0.68	0.73	0.68	0.96	0.69	0.73	0.76	0.69		0.79	-0.76
Common Stock	0.99	0.97	0.16	0.97	0.85	0.98	0.87	0.96	0.06	0.96	0.83	0.99	0.32	0.77	0.83	0.76	0.97	0.95	0.81	0.92	0.98	0.98	0.96	0.79		-0.8
Short Term Investments	-0.8	-0.78	0.22	-0.76	-0.67	-0.8	-0.93	-0.79	-0.18	-0.81	-0.58	-0.82	0.06	-0.6	-0.58	-0.67	-0.81	-0.65	-0.84	-0.59	-0.79	-0.7	-0.73	-0.76	-0.8

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Zhejiang Huatong Account Relationship Matchups

Zhejiang Huatong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.0B	7.1B	8.9B	8.9B	10.2B	10.8B
Short Long Term Debt Total	1.9B	3.8B	4.1B	4.7B	5.4B	5.7B
Other Current Liab	9.2M	8.6M	172.5M	12.2M	14.1M	13.4M
Total Current Liabilities	1.3B	2.3B	2.8B	3.5B	4.0B	4.2B
Total Stockholder Equity	1.7B	1.5B	2.7B	2.1B	2.4B	1.3B
Property Plant And Equipment Net	2.7B	5.0B	5.7B	6.1B	7.0B	7.4B
Current Deferred Revenue	253.9M	241.1M	66.4M	292.1M	336.0M	352.8M
Net Debt	1.4B	3.3B	3.1B	4.1B	4.7B	4.9B
Retained Earnings	790.5M	574.4M	655.4M	33.5M	38.5M	36.6M
Accounts Payable	227.3M	569.0M	486.9M	621.8M	715.0M	750.8M
Cash	576.3M	424.2M	998.1M	628.5M	722.7M	372.5M
Non Current Assets Total	3.7B	5.9B	6.5B	6.9B	8.0B	8.4B
Non Currrent Assets Other	80.5M	22.4M	411.3M	14.4M	16.6M	15.7M
Cash And Short Term Investments	576.3M	424.2M	998.1M	628.5M	722.7M	372.5M
Net Receivables	117.5M	97.2M	120.9M	141.9M	163.2M	86.9M
Liabilities And Stockholders Equity	5.0B	7.1B	8.9B	8.9B	10.2B	10.8B
Non Current Liabilities Total	1.5B	2.7B	2.7B	3.1B	3.6B	3.8B
Inventory	366.7M	524.9M	1.0B	965.4M	1.1B	1.2B
Other Current Assets	204.5M	228.6M	195.3M	227.2M	261.3M	155.7M
Other Stockholder Equity	362.6M	443.4M	1.4B	1.4B	1.6B	1.7B
Total Liab	2.8B	5.0B	5.5B	6.7B	7.7B	8.0B
Total Current Assets	1.3B	1.3B	2.3B	2.0B	2.3B	2.4B
Short Term Debt	794.3M	1.5B	2.1B	2.6B	3.0B	3.1B
Intangible Assets	245.2M	265.6M	281.0M	287.7M	330.8M	186.3M
Common Stock	448.2M	456.2M	606.3M	614.6M	706.8M	742.2M
Short Term Investments	(420.8M)	(471.4M)	(90.7M)	(422.0M)	(379.8M)	(360.8M)
Long Term Debt	1.1B	2.2B	1.9B	2.0B	2.3B	2.4B
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
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	716.3M	1.3B	1.4B	2.0B	2.3B	2.4B
Non Current Liabilities Other	181.9M	174.9M	181.6M	372.4M	428.3M	449.7M
Common Stock Shares Outstanding	448.2M	456.2M	606.3M	614.6M	706.8M	538.5M
Net Invested Capital	3.6B	5.0B	6.0B	6.0B	6.9B	4.1B
Net Working Capital	(19.6M)	(1.0B)	(455.8M)	(1.5B)	(1.4B)	(1.3B)
Capital Stock	448.2M	456.2M	606.3M	614.6M	706.8M	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 Gross Profit vs Research Development Analysis

Gross Profit vs Research Development

Gross Profit vs Research Development Correlation Analysis

Correlation Coefficient

Gross Profit

Research Development

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

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COMPANY

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

Short Term Investments	- 0.93	Current Deferred Revenue
Short Term Investments	- 0.84	Other Current Assets
Short Term Investments	- 0.82	Non Current Assets Total
Short Term Investments	- 0.81	Non Current Liabilities Total
Short Term Investments	- 0.81	Accounts Payable
Short Term Investments	- 0.8	Common Stock