Zhejiang Interest Income vs Net Income 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 Interest Income and its Net Income 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.

Interest Income vs Net Income

Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Huatong Meat Interest Income account and Net Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Zhejiang Huatong's Interest Income and Net Income is -0.77. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income 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 Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Zhejiang Huatong Meat are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Income i.e., Zhejiang Huatong's Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.77

Relationship Direction	Negative
Relationship Strength	Weak

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Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zhejiang Huatong Meat financial statement analysis. It represents the amount of money remaining after all of Zhejiang Huatong Meat operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Interest Income vs Net Income Analysis

Interest Income vs Net Income

Interest Income vs Net Income Correlation Analysis

Correlation Coefficient

Interest Income

Net Income

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