Huizhou Total Other Income Expense Net vs Total Revenue Analysis

300322 Stock   13.76  0.40  2.82%   
Huizhou Speed financial indicator trend analysis is much more than just examining Huizhou Speed Wireless latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huizhou Speed Wireless is a good investment. Please check the relationship between Huizhou Speed Total Other Income Expense Net and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huizhou Speed Wireless. 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 Other Income Expense Net vs Total Revenue

Total Other Income Expense Net vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huizhou Speed Wireless Total Other Income Expense Net account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Huizhou Speed's Total Other Income Expense Net and Total Revenue is 0.61. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Huizhou Speed Wireless, assuming nothing else is changed. The correlation between historical values of Huizhou Speed's Total Other Income Expense Net 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 Other Income Expense Net of Huizhou Speed Wireless 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 Other Income Expense Net i.e., Huizhou Speed's Total Other Income Expense Net and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts Huizhou Speed Wireless 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 Speed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huizhou Speed Wireless 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 Speed Wireless. 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 91.2 M, whereas Tax Provision is projected to grow to (8 M).
 2021 2022 2023 2024 (projected)
Gross Profit398.1M290.3M322.1M368.5M
Research Development131.6M160.5M153.6M133.5M

Huizhou Speed fundamental ratios Correlations

0.370.970.90.440.910.810.770.860.960.70.970.580.930.880.710.670.790.870.79-0.160.70.81-0.420.91-0.26
0.370.450.130.250.350.010.120.510.320.070.450.130.390.60.53-0.06-0.080.2-0.160.32-0.110.12-0.210.110.01
0.970.450.770.360.920.70.740.90.940.590.990.630.940.90.760.60.720.910.67-0.170.720.82-0.550.86-0.35
0.90.130.770.550.810.920.660.690.890.70.780.380.770.650.450.650.820.70.89-0.130.610.64-0.140.89-0.19
0.440.250.360.550.590.5-0.080.550.56-0.060.33-0.350.350.210.09-0.160.490.360.280.570.360.050.030.41-0.54
0.910.350.920.810.590.770.590.860.940.450.890.460.870.730.520.470.830.880.64-0.070.760.63-0.410.86-0.55
0.810.010.70.920.50.770.530.520.830.570.690.280.620.470.350.570.780.640.88-0.090.550.55-0.120.91-0.23
0.770.120.740.66-0.080.590.530.60.660.910.770.880.710.720.690.960.660.740.71-0.70.630.87-0.460.750.04
0.860.510.90.690.550.860.520.60.890.430.880.480.870.830.710.40.620.870.48-0.050.660.69-0.60.73-0.52
0.960.320.940.890.560.940.830.660.890.580.930.480.90.780.640.560.820.90.77-0.090.710.71-0.430.93-0.43
0.70.070.590.7-0.060.450.570.910.430.580.650.670.620.60.590.950.630.580.75-0.570.490.75-0.20.680.25
0.970.450.990.780.330.890.690.770.880.930.650.640.940.920.80.640.720.90.69-0.180.70.84-0.530.86-0.27
0.580.130.630.38-0.350.460.280.880.480.480.670.640.580.650.60.810.420.610.46-0.810.470.69-0.520.550.05
0.930.390.940.770.350.870.620.710.870.90.620.940.580.90.630.580.730.880.64-0.150.720.77-0.480.77-0.35
0.880.60.90.650.210.730.470.720.830.780.60.920.650.90.80.560.490.750.49-0.160.540.74-0.530.64-0.11
0.710.530.760.450.090.520.350.690.710.640.590.80.60.630.80.540.380.680.39-0.180.460.77-0.580.580.03
0.67-0.060.60.65-0.160.470.570.960.40.560.950.640.810.580.560.540.660.610.78-0.740.560.78-0.270.730.18
0.79-0.080.720.820.490.830.780.660.620.820.630.720.420.730.490.380.660.80.81-0.250.860.66-0.180.85-0.38
0.870.20.910.70.360.880.640.740.870.90.580.90.610.880.750.680.610.80.64-0.290.870.84-0.690.85-0.55
0.79-0.160.670.890.280.640.880.710.480.770.750.690.460.640.490.390.780.810.64-0.320.60.71-0.080.89-0.04
-0.160.32-0.17-0.130.57-0.07-0.09-0.7-0.05-0.09-0.57-0.18-0.81-0.15-0.16-0.18-0.74-0.25-0.29-0.32-0.28-0.410.34-0.3-0.13
0.7-0.110.720.610.360.760.550.630.660.710.490.70.470.720.540.460.560.860.870.6-0.280.76-0.530.7-0.56
0.810.120.820.640.050.630.550.870.690.710.750.840.690.770.740.770.780.660.840.71-0.410.76-0.560.76-0.16
-0.42-0.21-0.55-0.140.03-0.41-0.12-0.46-0.6-0.43-0.2-0.53-0.52-0.48-0.53-0.58-0.27-0.18-0.69-0.080.34-0.53-0.56-0.380.51
0.910.110.860.890.410.860.910.750.730.930.680.860.550.770.640.580.730.850.850.89-0.30.70.76-0.38-0.31
-0.260.01-0.35-0.19-0.54-0.55-0.230.04-0.52-0.430.25-0.270.05-0.35-0.110.030.18-0.38-0.55-0.04-0.13-0.56-0.160.51-0.31
Click cells to compare fundamentals

Huizhou Speed Account Relationship Matchups

Huizhou Speed fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B3.0B2.9B3.0B2.9B1.8B
Other Current Liab65.9M64.9M42.6M134.6M14.7M14.0M
Total Current Liabilities1.0B1.5B1.2B1.4B1.5B875.6M
Total Stockholder Equity656.6M1.3B1.4B1.2B1.0B719.0M
Retained Earnings243.2M256.9M295.5M198.2M(38.9M)(37.0M)
Accounts Payable587.3M757.5M517.2M518.7M451.6M367.8M
Cash189.1M922.7M606.4M627.6M454.5M300.3M
Other Assets64.0M71.6M103.7M155.6M179.0M187.9M
Net Receivables671.0M571.6M761.4M565.2M513.4M455.2M
Inventory250.8M393.4M396.8M313.1M277.1M209.7M
Other Current Assets21.0M44.7M82.5M136.1M108.3M113.7M
Total Liab1.1B1.6B1.5B1.7B1.8B999.2M
Intangible Assets50.7M56.6M56.7M57.8M195.3M205.1M
Property Plant Equipment439.2M544.8M658.3M742.2M853.5M491.6M
Long Term Debt43.8M14.1M130.0M172.5M134.6M89.0M
Other Liab21.9M67.9M85.9M146.1M168.0M176.4M
Good Will4.0M30.2M50.9M50.4M40.8M35.8M
Net Tangible Assets565.4M1.2B1.3B1.1B1.3B845.1M
Other Stockholder Equity4.6M2.5M2.6M3.4M3.9M2.5M
Deferred Long Term Liab25.4M22.7M27.6M37.5M43.1M28.6M
Total Current Assets1.1B2.2B1.8B1.8B1.6B1.5B
Non Current Assets Total672.3M798.7M1.1B1.2B1.3B1.1B
Non Currrent Assets Other21.1M567.7M39.2M49.4M22.9M21.8M
Non Current Liabilities Total65.7M82.0M231.2M336.5M283.7M208.4M
Short Long Term Debt312.0M581.1M582.3M538.4M813.0M620.8M
Net Debt332.9M163.0M105.9M83.2M493.1M517.8M
Net Invested Capital1.0B1.9B2.1B1.9B2.0B1.8B
Net Working Capital97.2M681.3M611.5M395.3M115.2M109.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Huizhou Stock

Balance Sheet is a snapshot of the financial position of Huizhou Speed Wireless at a specified time, usually calculated after every quarter, six months, or one year. Huizhou Speed Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huizhou Speed 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.