Zhejiang Non Current Assets Total vs Cash And Short Term Investments Analysis

002840 Stock

13.73 0.45 3.17%

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 Non Current Assets Total and its Cash And Short Term Investments 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.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

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

The correlation between Zhejiang Huatong's Non Current Assets Total and Cash And Short Term Investments is 0.8. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Zhejiang Huatong Meat are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Zhejiang Huatong's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Zhejiang Huatong Meat balance sheet. This account contains Zhejiang Huatong investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zhejiang Huatong Meat fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 19, 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 Non Current Assets Total vs Cash And Short Term Investments Analysis

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Cash And Short Term Investments

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