Hangzhou Cost Of Revenue vs Gross Profit Analysis

300512 Stock

6.45 0.04 0.62%

Hangzhou Zhongya financial indicator trend analysis is much more than just examining Hangzhou Zhongya Mac latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Zhongya Mac is a good investment. Please check the relationship between Hangzhou Zhongya Cost Of Revenue and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Zhongya Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Zhongya Mac Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hangzhou Zhongya's Cost Of Revenue and Gross Profit is 0.63. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Hangzhou Zhongya Machinery, assuming nothing else is changed. The correlation between historical values of Hangzhou Zhongya's Cost Of Revenue 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 Cost Of Revenue of Hangzhou Zhongya Machinery 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 Cost Of Revenue i.e., Hangzhou Zhongya's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Hangzhou Zhongya Mac income statement and represents the costs associated with goods and services Hangzhou Zhongya provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hangzhou Zhongya Machinery minus its cost of goods sold. It is profit before Hangzhou Zhongya 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 Hangzhou Zhongya's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Zhongya Mac 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 Hangzhou Zhongya Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of January 9, 2025, Selling General Administrative is expected to decline to about 88.6 M. In addition to that, Tax Provision is expected to decline to about 3.4 M

	2022	2023	2024	2025 (projected)
Operating Income	142.9M	117.7M	135.4M	144.1M
Total Revenue	925.9M	1.0B	1.2B	729.3M

Operating Income Total Revenue

Hangzhou Zhongya fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.18	0.94	0.99	0.97	0.95	0.7	0.76	0.76	0.97	0.47	0.95	0.7	0.89	0.92	0.75	0.96	0.77	0.27	0.96	0.84	0.02	-0.73	0.58	0.67	0.66
Other Current Liab	0.18		0.05	0.23	0.28	0.06	0.53	-0.1	-0.31	0.07	0.29	0.06	0.42	-0.07	0.04	-0.28	0.13	0.05	-0.08	0.02	-0.19	0.47	0.11	0.05	-0.39	-0.48
Total Current Liabilities	0.94	0.05		0.88	0.89	0.91	0.65	0.69	0.76	0.94	0.22	1.0	0.72	0.84	0.82	0.71	0.84	0.59	0.23	0.92	0.76	-0.16	-0.59	0.5	0.78	0.79
Total Stockholder Equity	0.99	0.23	0.88		0.97	0.93	0.71	0.75	0.72	0.94	0.56	0.89	0.66	0.87	0.93	0.73	0.98	0.83	0.28	0.94	0.84	0.11	-0.75	0.56	0.57	0.57
Retained Earnings	0.97	0.28	0.89	0.97		0.95	0.74	0.74	0.76	0.96	0.59	0.9	0.74	0.86	0.93	0.77	0.94	0.8	0.35	0.9	0.83	0.04	-0.78	0.66	0.6	0.58
Accounts Payable	0.95	0.06	0.91	0.93	0.95		0.59	0.85	0.84	0.99	0.56	0.93	0.65	0.86	0.97	0.86	0.9	0.8	0.43	0.89	0.92	0.01	-0.85	0.7	0.73	0.73
Cash	0.7	0.53	0.65	0.71	0.74	0.59		0.27	0.35	0.62	0.34	0.64	0.84	0.59	0.58	0.34	0.63	0.5	-0.1	0.57	0.42	0.07	-0.41	0.24	0.22	0.2
Other Assets	0.76	-0.1	0.69	0.75	0.74	0.85	0.27		0.76	0.82	0.58	0.72	0.35	0.72	0.85	0.81	0.75	0.76	0.53	0.72	0.86	0.15	-0.81	0.64	0.62	0.62
Net Receivables	0.76	-0.31	0.76	0.72	0.76	0.84	0.35	0.76		0.83	0.41	0.78	0.53	0.9	0.78	0.98	0.77	0.7	0.52	0.8	0.88	-0.26	-0.8	0.7	0.8	0.82
Inventory	0.97	0.07	0.94	0.94	0.96	0.99	0.62	0.82	0.83		0.5	0.95	0.66	0.88	0.95	0.83	0.91	0.76	0.34	0.92	0.9	-0.04	-0.82	0.71	0.77	0.75
Other Current Assets	0.47	0.29	0.22	0.56	0.59	0.56	0.34	0.58	0.41	0.5		0.26	0.27	0.41	0.66	0.57	0.56	0.83	0.49	0.35	0.63	0.49	-0.78	0.58	0.04	0.02
Total Liab	0.95	0.06	1.0	0.89	0.9	0.93	0.64	0.72	0.78	0.95	0.26		0.71	0.86	0.84	0.74	0.85	0.6	0.25	0.93	0.78	-0.16	-0.63	0.56	0.8	0.8
Intangible Assets	0.7	0.42	0.72	0.66	0.74	0.65	0.84	0.35	0.53	0.66	0.27	0.71		0.62	0.58	0.49	0.58	0.46	0.19	0.57	0.48	0.04	-0.41	0.33	0.36	0.37
Common Stock	0.89	-0.07	0.84	0.87	0.86	0.86	0.59	0.72	0.9	0.88	0.41	0.86	0.62		0.83	0.86	0.92	0.73	0.22	0.93	0.85	-0.17	-0.75	0.64	0.74	0.73
Property Plant Equipment	0.92	0.04	0.82	0.93	0.93	0.97	0.58	0.85	0.78	0.95	0.66	0.84	0.58	0.83		0.84	0.9	0.9	0.38	0.84	0.96	0.17	-0.91	0.64	0.62	0.62
Other Liab	0.75	-0.28	0.71	0.73	0.77	0.86	0.34	0.81	0.98	0.83	0.57	0.74	0.49	0.86	0.84		0.77	0.79	0.58	0.76	0.93	-0.14	-0.89	0.73	0.73	0.76
Net Tangible Assets	0.96	0.13	0.84	0.98	0.94	0.9	0.63	0.75	0.77	0.91	0.56	0.85	0.58	0.92	0.9	0.77		0.84	0.29	0.96	0.85	0.05	-0.77	0.58	0.59	0.59
Other Stockholder Equity	0.77	0.05	0.59	0.83	0.8	0.8	0.5	0.76	0.7	0.76	0.83	0.6	0.46	0.73	0.9	0.79	0.84		0.48	0.7	0.88	0.31	-0.88	0.49	0.33	0.38
Deferred Long Term Liab	0.27	-0.08	0.23	0.28	0.35	0.43	-0.1	0.53	0.52	0.34	0.49	0.25	0.19	0.22	0.38	0.58	0.29	0.48		0.25	0.41	0.08	-0.43	0.37	0.15	0.28
Total Current Assets	0.96	0.02	0.92	0.94	0.9	0.89	0.57	0.72	0.8	0.92	0.35	0.93	0.57	0.93	0.84	0.76	0.96	0.7	0.25		0.81	-0.14	-0.67	0.57	0.74	0.75
Non Current Assets Total	0.84	-0.19	0.76	0.84	0.83	0.92	0.42	0.86	0.88	0.9	0.63	0.78	0.48	0.85	0.96	0.93	0.85	0.88	0.41	0.81		0.07	-0.94	0.68	0.71	0.72
Non Currrent Assets Other	0.02	0.47	-0.16	0.11	0.04	0.01	0.07	0.15	-0.26	-0.04	0.49	-0.16	0.04	-0.17	0.17	-0.14	0.05	0.31	0.08	-0.14	0.07		-0.14	-0.12	-0.48	-0.53
Short Term Investments	-0.73	0.11	-0.59	-0.75	-0.78	-0.85	-0.41	-0.81	-0.8	-0.82	-0.78	-0.63	-0.41	-0.75	-0.91	-0.89	-0.77	-0.88	-0.43	-0.67	-0.94	-0.14		-0.77	-0.57	-0.54
Non Current Liabilities Total	0.58	0.05	0.5	0.56	0.66	0.7	0.24	0.64	0.7	0.71	0.58	0.56	0.33	0.64	0.64	0.73	0.58	0.49	0.37	0.57	0.68	-0.12	-0.77		0.67	0.54
Common Stock Shares Outstanding	0.67	-0.39	0.78	0.57	0.6	0.73	0.22	0.62	0.8	0.77	0.04	0.8	0.36	0.74	0.62	0.73	0.59	0.33	0.15	0.74	0.71	-0.48	-0.57	0.67		0.96
Net Invested Capital	0.66	-0.48	0.79	0.57	0.58	0.73	0.2	0.62	0.82	0.75	0.02	0.8	0.37	0.73	0.62	0.76	0.59	0.38	0.28	0.75	0.72	-0.53	-0.54	0.54	0.96

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Hangzhou Zhongya Account Relationship Matchups

Hangzhou Zhongya fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	2.3B	2.5B	2.7B	3.2B	1.8B
Other Current Liab	341.8M	340.0M	432.5M	43.1M	49.5M	47.1M
Total Current Liabilities	603.8M	684.4M	807.9M	1.1B	1.2B	627.7M
Total Stockholder Equity	1.4B	1.5B	1.6B	1.6B	1.9B	1.1B
Retained Earnings	568.9M	675.5M	762.9M	644.9M	741.6M	479.6M
Accounts Payable	208.3M	269.2M	286.0M	283.5M	326.0M	179.3M
Cash	328.3M	192.3M	266.1M	242.3M	278.7M	252.6M
Other Assets	23.2M	27.7M	43.9M	37.6M	43.2M	23.1M
Net Receivables	165.1M	441.5M	434.9M	473.9M	545.0M	572.3M
Inventory	691.9M	819.7M	1.1B	1.0B	1.2B	596.6M
Other Current Assets	50.9M	50.5M	42.1M	12.5M	14.4M	24.8M
Total Liab	621.6M	723.2M	914.1M	1.1B	1.3B	647.4M
Intangible Assets	70.7M	78.0M	77.8M	73.9M	85.0M	79.4M
Property Plant Equipment	398.6M	398.9M	422.4M	422.6M	485.9M	300.4M
Other Liab	14.8M	17.8M	33.9M	29.7M	34.1M	35.8M
Net Tangible Assets	1.3B	1.3B	1.4B	1.5B	1.7B	1.3B
Other Stockholder Equity	13.1M	14.9M	15.6M	10.9M	12.5M	12.1M
Deferred Long Term Liab	3.1M	4.0M	15.4M	5.4M	6.2M	5.8M
Total Current Assets	1.5B	1.6B	1.9B	2.1B	2.4B	1.7B
Non Current Assets Total	587.1M	625.5M	639.7M	647.3M	744.5M	595.1M
Non Currrent Assets Other	10.6M	12.2M	4.9M	1.6M	1.5M	1.4M
Short Term Investments	180.5M	130.6M	10M	235.0M	211.5M	261.9M
Non Current Liabilities Total	17.8M	38.8M	106.3M	29.6M	34.1M	30.6M
Net Invested Capital	1.4B	1.5B	1.7B	1.9B	2.2B	1.7B
Net Working Capital	858.0M	950.2M	1.1B	1.0B	1.2B	1.0B
Property Plant And Equipment Net	398.9M	422.4M	422.6M	413.4M	475.5M	452.3M
Property Plant And Equipment Gross	588.4M	637.8M	422.6M	699.8M	804.7M	641.3M

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Other Information on Investing in Hangzhou Stock

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

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Hangzhou Cost Of Revenue vs Gross Profit Analysis

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Gross Profit

Hangzhou Zhongya fundamental ratios Correlations

Hangzhou Zhongya Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hangzhou Zhongya fundamental ratios Accounts

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Other Information on Investing in Hangzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Inventory	+ 0.99	Accounts Payable
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Other Liab	+ 0.98	Net Receivables
Retained Earnings	+ 0.97	Total Assets

Short Term Investments	- 0.94	Non Current Assets Total
Short Term Investments	- 0.91	Property Plant Equipment
Short Term Investments	- 0.89	Other Liab
Short Term Investments	- 0.88	Other Stockholder Equity
Short Term Investments	- 0.85	Accounts Payable
Short Term Investments	- 0.82	Inventory