Huizhou Property Plant Equipment vs Total Revenue Analysis

002920 Stock   114.30  4.00  3.63%   
Huizhou Desay financial indicator trend analysis is much more than just examining Huizhou Desay SV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huizhou Desay SV is a good investment. Please check the relationship between Huizhou Desay Property Plant Equipment and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huizhou Desay SV. 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.

Property Plant Equipment vs Total Revenue

Property Plant Equipment vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huizhou Desay SV Property Plant Equipment account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Huizhou Desay's Property Plant Equipment and Total Revenue is 0.98. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Huizhou Desay SV, assuming nothing else is changed. The correlation between historical values of Huizhou Desay's Property Plant Equipment 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 Property Plant Equipment of Huizhou Desay SV 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 Property Plant Equipment i.e., Huizhou Desay's Property Plant Equipment and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Total Revenue

Total revenue comprises all receipts Huizhou Desay SV 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 Huizhou Desay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huizhou Desay SV 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 Huizhou Desay SV. 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 183.7 M, whereas Tax Provision is projected to grow to (3.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense6.7M21.3M35.6M37.4M
Depreciation And Amortization346.1M580.7M520.6M546.6M

Huizhou Desay fundamental ratios Correlations

0.830.890.970.970.990.450.570.990.840.560.990.490.570.980.980.960.280.710.981.00.780.830.680.82-0.42
0.830.860.910.70.840.070.860.840.560.360.810.050.250.920.810.8-0.010.280.90.830.990.470.310.44-0.57
0.890.860.920.80.910.080.730.910.750.350.90.170.240.910.950.910.250.460.930.890.80.610.40.58-0.73
0.970.910.920.880.980.370.70.970.820.490.970.380.470.980.960.970.110.531.00.970.870.730.550.69-0.47
0.970.70.80.880.950.530.40.960.810.610.950.580.650.910.930.890.420.860.890.970.640.890.770.89-0.32
0.990.840.910.980.950.440.610.990.850.51.00.50.530.980.980.970.220.660.980.990.780.820.620.78-0.44
0.450.070.080.370.530.44-0.160.430.490.420.450.820.690.350.320.410.070.610.360.450.060.60.560.60.35
0.570.860.730.70.40.61-0.160.620.32-0.150.6-0.1-0.220.720.590.57-0.05-0.080.690.560.860.21-0.030.13-0.6
0.990.840.910.970.960.990.430.620.820.490.990.480.510.980.970.950.270.680.970.990.780.820.60.78-0.45
0.840.560.750.820.810.850.490.320.820.540.850.560.560.770.860.90.210.690.830.840.480.890.690.84-0.29
0.560.360.350.490.610.50.42-0.150.490.540.490.280.90.460.510.510.040.70.490.580.350.580.650.64-0.02
0.990.810.90.970.951.00.450.60.990.850.490.520.520.970.980.960.250.680.970.990.750.840.620.79-0.41
0.490.050.170.380.580.50.82-0.10.480.560.280.520.640.380.390.430.070.630.380.470.010.750.580.620.27
0.570.250.240.470.650.530.69-0.220.510.560.90.520.640.450.460.49-0.030.760.470.580.240.70.70.690.17
0.980.920.910.980.910.980.350.720.980.770.460.970.380.450.950.930.180.580.980.980.880.750.560.71-0.48
0.980.810.950.960.930.980.320.590.970.860.510.980.390.460.950.970.330.670.970.970.750.790.630.79-0.52
0.960.80.910.970.890.970.410.570.950.90.510.960.430.490.930.970.180.60.970.950.730.770.60.74-0.45
0.28-0.010.250.110.420.220.07-0.050.270.210.040.250.07-0.030.180.330.180.590.140.28-0.070.320.50.52-0.18
0.710.280.460.530.860.660.61-0.080.680.690.70.680.630.760.580.670.60.590.550.720.220.870.860.92-0.05
0.980.90.931.00.890.980.360.690.970.830.490.970.380.470.980.970.970.140.550.970.860.740.560.71-0.48
1.00.830.890.970.970.990.450.560.990.840.580.990.470.580.980.970.950.280.720.970.780.830.690.82-0.42
0.780.990.80.870.640.780.060.860.780.480.350.750.010.240.880.750.73-0.070.220.860.780.410.280.39-0.53
0.830.470.610.730.890.820.60.210.820.890.580.840.750.70.750.790.770.320.870.740.830.410.790.94-0.1
0.680.310.40.550.770.620.56-0.030.60.690.650.620.580.70.560.630.60.50.860.560.690.280.790.890.03
0.820.440.580.690.890.780.60.130.780.840.640.790.620.690.710.790.740.520.920.710.820.390.940.89-0.1
-0.42-0.57-0.73-0.47-0.32-0.440.35-0.6-0.45-0.29-0.02-0.410.270.17-0.48-0.52-0.45-0.18-0.05-0.48-0.42-0.53-0.10.03-0.1
Click cells to compare fundamentals

Huizhou Desay Account Relationship Matchups

Huizhou Desay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B7.5B10.2B13.8B18.0B18.9B
Other Current Liab5.9M19.6M23.6M1.0B1.1B1.2B
Total Current Liabilities1.8B2.6B4.3B6.2B8.7B9.2B
Total Stockholder Equity4.2B4.6B5.3B6.5B8.0B8.3B
Property Plant And Equipment Net706.7M1.0B1.3B1.9B2.3B2.5B
Net Debt(341.6M)(608.6M)(794.6M)(42.2M)2.7B2.8B
Retained Earnings1.3B1.7B2.3B3.3B4.5B4.8B
Accounts Payable1.4B2.0B2.8B4.3B4.1B2.1B
Cash347.6M611.5M1.2B1.1B1.3B808.5M
Non Current Assets Total1.6B1.9B2.5B3.5B4.3B4.6B
Non Currrent Assets Other343.0M1.2B1.1B514.5M363.8M393.5M
Cash And Short Term Investments447.7M1.7B2.0B1.1B1.3B1.0B
Net Receivables2.0B2.8B3.4B4.8B8.8B9.2B
Liabilities And Stockholders Equity6.3B7.5B10.2B13.8B18.0B18.9B
Non Current Liabilities Total378.3M345.9M447.2M1.1B1.1B1.1B
Inventory896.8M1.1B2.0B3.4B3.3B3.4B
Other Current Assets1.4B32.9M206.5M833.0M345.0M497.9M
Other Stockholder Equity2.2B2.3B2.1B2.3B2.3B1.6B
Total Liab2.1B2.9B4.7B7.2B9.8B10.3B
Total Current Assets4.8B5.6B7.7B10.2B13.7B14.4B
Intangible Assets223.2M317.5M280.2M312.0M397.8M214.3M
Other Liab375.5M345.6M403.6M428.8M493.1M336.8M
Other Assets1.0363.1M241.4M323.2M1.151.09
Short Term Investments100.1M1.1B831.8M18.4M30.9M29.4M
Property Plant Equipment706.7M1.0B1.3B1.9B2.1B2.2B
Net Tangible Assets4.0B4.3B5.0B6.2B7.1B4.0B
Common Stock Shares Outstanding450.0M547.5M550M556.2M552.4M569.0M
Deferred Long Term Liab89.8M88.0M98.1M105.7M121.5M104.1M
Non Current Liabilities Other315.8M295.9M250.8M307.6M264.2M233.8M
Net Invested Capital4.2B4.6B5.7B7.5B8.9B6.2B
Net Working Capital3.0B3.0B3.4B4.1B5.0B3.9B

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Other Information on Investing in Huizhou Stock

Balance Sheet is a snapshot of the financial position of Huizhou Desay SV at a specified time, usually calculated after every quarter, six months, or one year. Huizhou Desay Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huizhou Desay 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 Huizhou currently owns. An asset can also be divided into two categories, current and non-current.