Huaxi Other Operating Expenses vs Gross Profit Analysis

002926 Stock   8.69  0.08  0.93%   
Huaxi Securities financial indicator trend analysis is much more than just examining Huaxi Securities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huaxi Securities is a good investment. Please check the relationship between Huaxi Securities Other Operating Expenses and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huaxi Securities Co. 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.

Other Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huaxi Securities Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Huaxi Securities' Other Operating Expenses and Gross Profit is 0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Huaxi Securities Co, assuming nothing else is changed. The correlation between historical values of Huaxi Securities' Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Huaxi Securities Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Huaxi Securities' Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Huaxi Securities. It is also known as Huaxi Securities overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Huaxi Securities Co minus its cost of goods sold. It is profit before Huaxi Securities 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.
Most indicators from Huaxi Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huaxi Securities 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 Huaxi Securities Co. 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 28, 2024, Selling General Administrative is expected to decline to about 1.9 B. In addition to that, Tax Provision is expected to decline to about 20.9 M
 2023 2024 (projected)
Gross Profit1.7B1.6B
Total Revenue3.2B3.0B

Huaxi Securities fundamental ratios Correlations

0.790.950.830.390.830.810.380.880.54-0.480.930.42-0.580.6-0.860.980.860.960.870.750.810.840.890.750.92
0.790.750.750.410.760.640.770.790.88-0.480.750.77-0.650.9-0.930.740.720.820.870.780.830.750.630.810.87
0.950.750.730.510.760.660.480.810.55-0.470.960.54-0.520.63-0.810.950.780.980.890.70.840.790.890.680.85
0.830.750.73-0.070.990.920.370.930.4-0.740.680.44-0.880.51-0.780.690.960.80.860.950.660.930.830.950.95
0.390.410.51-0.070.0-0.120.380.190.580.370.610.390.270.45-0.40.54-0.020.510.36-0.030.630.050.22-0.030.17
0.830.760.760.990.00.880.410.930.44-0.730.710.52-0.870.53-0.790.690.950.840.90.970.720.940.850.960.95
0.810.640.660.92-0.120.880.190.910.26-0.720.610.17-0.820.39-0.730.70.960.70.720.770.490.810.760.770.87
0.380.770.480.370.380.410.190.430.81-0.410.450.94-0.510.87-0.670.350.360.490.610.490.620.420.30.550.48
0.880.790.810.930.190.930.910.430.47-0.670.790.45-0.830.57-0.850.780.960.870.910.840.740.860.850.830.93
0.540.880.550.40.580.440.260.810.47-0.20.540.79-0.360.95-0.790.550.390.610.670.50.740.460.370.540.6
-0.48-0.48-0.47-0.740.37-0.73-0.72-0.41-0.67-0.2-0.31-0.360.92-0.460.57-0.33-0.78-0.46-0.63-0.68-0.3-0.61-0.52-0.68-0.63
0.930.750.960.680.610.710.610.450.790.54-0.310.52-0.410.57-0.780.950.70.960.840.650.860.750.830.640.81
0.420.770.540.440.390.520.170.940.450.79-0.360.52-0.50.81-0.640.370.380.580.690.630.720.530.40.660.55
-0.58-0.65-0.52-0.880.27-0.87-0.82-0.51-0.83-0.360.92-0.41-0.5-0.540.69-0.41-0.88-0.57-0.75-0.84-0.47-0.76-0.63-0.85-0.78
0.60.90.630.510.450.530.390.870.570.95-0.460.570.81-0.54-0.850.590.520.660.750.560.730.520.440.610.67
-0.86-0.93-0.81-0.78-0.4-0.79-0.73-0.67-0.85-0.790.57-0.78-0.640.69-0.85-0.81-0.78-0.86-0.9-0.76-0.88-0.69-0.65-0.78-0.86
0.980.740.950.690.540.690.70.350.780.55-0.330.950.37-0.410.59-0.810.740.930.790.60.790.730.830.60.83
0.860.720.780.96-0.020.950.960.360.960.39-0.780.70.38-0.880.52-0.780.740.810.850.860.610.910.880.850.94
0.960.820.980.80.510.840.70.490.870.61-0.460.960.58-0.570.66-0.860.930.810.940.780.910.840.890.770.9
0.870.870.890.860.360.90.720.610.910.67-0.630.840.69-0.750.75-0.90.790.850.940.870.90.840.820.860.92
0.750.780.70.95-0.030.970.770.490.840.5-0.680.650.63-0.840.56-0.760.60.860.780.870.720.930.780.990.92
0.810.830.840.660.630.720.490.620.740.74-0.30.860.72-0.470.73-0.880.790.610.910.90.720.650.670.720.76
0.840.750.790.930.050.940.810.420.860.46-0.610.750.53-0.760.52-0.690.730.910.840.840.930.650.930.920.96
0.890.630.890.830.220.850.760.30.850.37-0.520.830.4-0.630.44-0.650.830.880.890.820.780.670.930.750.89
0.750.810.680.95-0.030.960.770.550.830.54-0.680.640.66-0.850.61-0.780.60.850.770.860.990.720.920.750.92
0.920.870.850.950.170.950.870.480.930.6-0.630.810.55-0.780.67-0.860.830.940.90.920.920.760.960.890.92
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Huaxi Securities Account Relationship Matchups

Huaxi Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.8B77.2B95.8B97.7B88.9B76.5B
Other Current Liab372.1M1.9B1.9B3.5B4.0B4.2B
Total Current Liabilities37.5B42.2B53.7B52.0B59.8B40.1B
Total Stockholder Equity19.6B21.3B22.4B22.4B22.8B19.8B
Other Liab520.5M706.2M970.3M1.0B1.2B850.9M
Net Tangible Assets19.6B21.2B22.3B22.3B25.6B19.1B
Retained Earnings8.9B10.6B11.9B12.1B7.7B9.3B
Accounts Payable322.0K15.3M23.4M24.4M141.8M148.9M
Cash20.4B39.1B50.0B49.1B47.6B31.9B
Other Assets401.9M586.9M617.4M5.7B6.5B6.9B
Net Receivables11.5B15.4B18.6B16.6B19.1B14.2B
Other Current Assets5.0B6.3B7.3B25.7B29.6B31.0B
Other Stockholder Equity49.7M21.2M(263.4M)(382.7M)(344.5M)(327.2M)
Total Liab48.1B55.9B73.4B75.3B66.1B56.6B
Long Term Investments26.2B31.4B33.0B35.8B30.8B25.1B
Total Current Assets57.3B68.5B87.1B89.7B103.2B65.0B
Intangible Assets49.5M70.0M87.4M106.2M140.4M75.1M
Property Plant Equipment599.5M598.9M753.5M741.7M852.9M699.0M
Deferred Long Term Liab68.3M74.1M63.3M66.9M76.9M63.7M
Net Invested Capital36.4B42.2B41.0B49.2B48.5B41.9B

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Other Information on Investing in Huaxi Stock

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