Zhejiang Total Assets vs Total Revenue Analysis

002840 Stock   13.46  0.27  2.05%   
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 Total Assets and its Total Revenue 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.

Total Assets vs Total Revenue

Total Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Huatong Meat Total Assets account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
Total AssetsTotal RevenueDiversified AwayTotal AssetsTotal RevenueDiversified Away100%
The correlation between Zhejiang Huatong's Total Assets and Total Revenue is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue 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 Total Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Zhejiang Huatong Meat are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., Zhejiang Huatong's Total Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Total Revenue

Total revenue comprises all receipts Zhejiang Huatong Meat generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 29, 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 Development22.5M36.2M49.2M51.7M
Income Tax Expense18.9M9.3M10.7M6.9M

Zhejiang Huatong fundamental ratios Correlations

0.990.220.980.831.00.810.970.190.980.821.00.430.790.820.70.980.960.770.890.990.880.970.770.99-0.79
0.990.120.990.750.990.811.00.060.990.760.990.350.780.760.670.990.960.690.871.00.830.980.690.96-0.78
0.220.120.130.580.18-0.250.060.540.090.560.190.740.180.560.160.10.240.340.360.120.450.130.410.260.2
0.980.990.130.750.990.820.990.030.980.740.980.320.820.740.680.970.970.690.910.990.821.00.690.96-0.76
0.830.750.580.750.80.590.70.590.730.940.820.670.670.940.730.750.760.90.760.750.940.720.910.86-0.61
1.00.990.180.990.80.810.990.130.990.791.00.390.80.790.680.990.960.750.891.00.850.970.740.98-0.79
0.810.81-0.250.820.590.810.820.160.820.50.83-0.040.670.50.680.820.70.740.620.820.590.790.660.82-0.96
0.971.00.060.990.70.990.820.010.990.710.980.290.790.710.650.990.950.670.851.00.790.980.660.94-0.79
0.190.060.540.030.590.130.160.010.070.50.180.470.110.50.310.090.020.640.00.060.39-0.020.610.25-0.27
0.980.990.090.980.730.990.820.990.070.710.980.290.810.710.630.990.930.720.850.990.790.960.710.94-0.81
0.820.760.560.740.940.790.50.710.50.710.80.750.551.00.70.760.80.750.730.750.970.730.770.84-0.51
1.00.990.190.980.821.00.830.980.180.980.80.390.790.80.70.990.950.780.880.990.860.960.770.98-0.81
0.430.350.740.320.670.39-0.040.290.470.290.750.390.30.750.360.350.470.340.460.340.660.320.40.430.04
0.790.780.180.820.670.80.670.790.110.810.550.790.30.550.580.750.790.670.790.790.670.820.650.74-0.58
0.820.760.560.740.940.790.50.710.50.711.00.80.750.550.70.760.80.750.730.750.970.730.770.84-0.51
0.70.670.160.680.730.680.680.650.310.630.70.70.360.580.70.660.660.670.570.670.780.670.590.73-0.61
0.980.990.10.970.750.990.820.990.090.990.760.990.350.750.760.660.940.710.850.990.820.960.690.96-0.81
0.960.960.240.970.760.960.70.950.020.930.80.950.470.790.80.660.940.610.940.960.860.980.640.93-0.62
0.770.690.340.690.90.750.740.670.640.720.750.780.340.670.750.670.710.610.620.70.780.640.950.8-0.8
0.890.870.360.910.760.890.620.850.00.850.730.880.460.790.730.570.850.940.620.880.780.920.650.89-0.54
0.991.00.120.990.751.00.821.00.060.990.750.990.340.790.750.670.990.960.70.880.830.980.690.97-0.79
0.880.830.450.820.940.850.590.790.390.790.970.860.660.670.970.780.820.860.780.780.830.810.790.88-0.58
0.970.980.131.00.720.970.790.98-0.020.960.730.960.320.820.730.670.960.980.640.920.980.810.650.94-0.72
0.770.690.410.690.910.740.660.660.610.710.770.770.40.650.770.590.690.640.950.650.690.790.650.78-0.72
0.990.960.260.960.860.980.820.940.250.940.840.980.430.740.840.730.960.930.80.890.970.880.940.78-0.8
-0.79-0.780.2-0.76-0.61-0.79-0.96-0.79-0.27-0.81-0.51-0.810.04-0.58-0.51-0.61-0.81-0.62-0.8-0.54-0.79-0.58-0.72-0.72-0.8
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Zhejiang Huatong Account Relationship Matchups

Zhejiang Huatong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B5.0B7.1B8.9B8.9B9.4B
Short Long Term Debt Total937.6M1.9B3.8B4.1B4.7B5.0B
Other Current Liab63.2M9.2M8.6M172.5M12.2M11.6M
Total Current Liabilities1.1B1.3B2.3B2.8B3.5B3.7B
Total Stockholder Equity1.5B1.7B1.5B2.7B2.1B1.3B
Property Plant And Equipment Net1.5B2.7B5.0B5.7B6.1B6.4B
Current Deferred Revenue161.7M253.9M241.1M66.4M292.1M306.8M
Net Debt591.2M1.4B3.3B3.1B4.1B4.3B
Retained Earnings677.5M790.5M574.4M655.4M33.5M31.8M
Accounts Payable142.0M227.3M569.0M486.9M621.8M652.9M
Cash346.4M576.3M424.2M998.1M628.5M372.5M
Non Current Assets Total2.1B3.7B5.9B6.5B6.9B7.3B
Non Currrent Assets Other38.5M80.5M22.4M411.3M14.4M13.7M
Cash And Short Term Investments346.4M576.3M424.2M998.1M628.5M372.5M
Net Receivables128.2M117.5M97.2M120.9M141.9M86.9M
Liabilities And Stockholders Equity3.1B5.0B7.1B8.9B8.9B9.4B
Non Current Liabilities Total245.6M1.5B2.7B2.7B3.1B3.3B
Inventory338.2M366.7M524.9M1.0B965.4M1.0B
Other Current Assets190.7M204.5M228.6M195.3M227.2M155.7M
Other Stockholder Equity486.9M362.6M443.4M1.4B1.4B1.5B
Total Liab1.4B2.8B5.0B5.5B6.7B7.0B
Total Current Assets1.0B1.3B1.3B2.3B2.0B1.0B
Short Term Debt762.7M794.3M1.5B2.1B2.6B2.7B
Intangible Assets205.1M245.2M265.6M281.0M287.7M186.3M
Common Stock277.4M448.2M456.2M606.3M614.6M645.4M
Short Term Investments(161.1M)(420.8M)(471.4M)(90.7M)(422.0M)(400.9M)
Long Term Debt174.9M1.1B2.2B1.9B2.0B2.1B
Property Plant Equipment1.6B3.0B5.3B6.0B6.9B7.2B
Other Liab70.7M113.1M232.9M480.3M552.4M580.0M
Good Will26.3M43.9M61.8M65.2M74.9M44.2M
Net Tangible Assets1.2B1.4B1.2B2.3B2.7B2.8B
Deferred Long Term Liab61.6M101.0M68.7M67.7M77.9M46.0M
Short Long Term Debt720.0M716.3M1.3B1.4B2.0B2.1B
Non Current Liabilities Other33.6M181.9M174.9M181.6M372.4M188.8M
Common Stock Shares Outstanding443.8M448.2M456.2M606.3M614.6M538.5M
Net Invested Capital2.4B3.6B5.0B6.0B6.0B4.1B
Net Working Capital(126.1M)(19.6M)(1.0B)(455.8M)(1.5B)(1.5B)
Capital Stock277.4M448.2M456.2M606.3M614.6M489.6M

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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.