Hangzhou Gross Profit vs Ebitda 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 Gross Profit and its Ebitda 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.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Zhongya Mac Gross Profit account and Ebitda. At this time, the significance of the direction appears to have no relationship.
The correlation between Hangzhou Zhongya's Gross Profit and Ebitda is 0.07. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda 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 Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Hangzhou Zhongya Machinery are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Hangzhou Zhongya's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Ebitda

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 Income142.9M117.7M135.4M144.1M
Total Revenue925.9M1.0B1.2B729.3M

Hangzhou Zhongya fundamental ratios Correlations

0.180.940.990.970.950.70.760.760.970.470.950.70.890.920.750.960.770.270.960.840.02-0.730.580.670.66
0.180.050.230.280.060.53-0.1-0.310.070.290.060.42-0.070.04-0.280.130.05-0.080.02-0.190.470.110.05-0.39-0.48
0.940.050.880.890.910.650.690.760.940.221.00.720.840.820.710.840.590.230.920.76-0.16-0.590.50.780.79
0.990.230.880.970.930.710.750.720.940.560.890.660.870.930.730.980.830.280.940.840.11-0.750.560.570.57
0.970.280.890.970.950.740.740.760.960.590.90.740.860.930.770.940.80.350.90.830.04-0.780.660.60.58
0.950.060.910.930.950.590.850.840.990.560.930.650.860.970.860.90.80.430.890.920.01-0.850.70.730.73
0.70.530.650.710.740.590.270.350.620.340.640.840.590.580.340.630.5-0.10.570.420.07-0.410.240.220.2
0.76-0.10.690.750.740.850.270.760.820.580.720.350.720.850.810.750.760.530.720.860.15-0.810.640.620.62
0.76-0.310.760.720.760.840.350.760.830.410.780.530.90.780.980.770.70.520.80.88-0.26-0.80.70.80.82
0.970.070.940.940.960.990.620.820.830.50.950.660.880.950.830.910.760.340.920.9-0.04-0.820.710.770.75
0.470.290.220.560.590.560.340.580.410.50.260.270.410.660.570.560.830.490.350.630.49-0.780.580.040.02
0.950.061.00.890.90.930.640.720.780.950.260.710.860.840.740.850.60.250.930.78-0.16-0.630.560.80.8
0.70.420.720.660.740.650.840.350.530.660.270.710.620.580.490.580.460.190.570.480.04-0.410.330.360.37
0.89-0.070.840.870.860.860.590.720.90.880.410.860.620.830.860.920.730.220.930.85-0.17-0.750.640.740.73
0.920.040.820.930.930.970.580.850.780.950.660.840.580.830.840.90.90.380.840.960.17-0.910.640.620.62
0.75-0.280.710.730.770.860.340.810.980.830.570.740.490.860.840.770.790.580.760.93-0.14-0.890.730.730.76
0.960.130.840.980.940.90.630.750.770.910.560.850.580.920.90.770.840.290.960.850.05-0.770.580.590.59
0.770.050.590.830.80.80.50.760.70.760.830.60.460.730.90.790.840.480.70.880.31-0.880.490.330.38
0.27-0.080.230.280.350.43-0.10.530.520.340.490.250.190.220.380.580.290.480.250.410.08-0.430.370.150.28
0.960.020.920.940.90.890.570.720.80.920.350.930.570.930.840.760.960.70.250.81-0.14-0.670.570.740.75
0.84-0.190.760.840.830.920.420.860.880.90.630.780.480.850.960.930.850.880.410.810.07-0.940.680.710.72
0.020.47-0.160.110.040.010.070.15-0.26-0.040.49-0.160.04-0.170.17-0.140.050.310.08-0.140.07-0.14-0.12-0.48-0.53
-0.730.11-0.59-0.75-0.78-0.85-0.41-0.81-0.8-0.82-0.78-0.63-0.41-0.75-0.91-0.89-0.77-0.88-0.43-0.67-0.94-0.14-0.77-0.57-0.54
0.580.050.50.560.660.70.240.640.70.710.580.560.330.640.640.730.580.490.370.570.68-0.12-0.770.670.54
0.67-0.390.780.570.60.730.220.620.80.770.040.80.360.740.620.730.590.330.150.740.71-0.48-0.570.670.96
0.66-0.480.790.570.580.730.20.620.820.750.020.80.370.730.620.760.590.380.280.750.72-0.53-0.540.540.96
Click cells to compare fundamentals

Hangzhou Zhongya Account Relationship Matchups

Hangzhou Zhongya fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.3B2.5B2.7B3.2B1.8B
Other Current Liab341.8M340.0M432.5M43.1M49.5M47.1M
Total Current Liabilities603.8M684.4M807.9M1.1B1.2B627.7M
Total Stockholder Equity1.4B1.5B1.6B1.6B1.9B1.1B
Retained Earnings568.9M675.5M762.9M644.9M741.6M479.6M
Accounts Payable208.3M269.2M286.0M283.5M326.0M179.3M
Cash328.3M192.3M266.1M242.3M278.7M252.6M
Other Assets23.2M27.7M43.9M37.6M43.2M23.1M
Net Receivables165.1M441.5M434.9M473.9M545.0M572.3M
Inventory691.9M819.7M1.1B1.0B1.2B596.6M
Other Current Assets50.9M50.5M42.1M12.5M14.4M24.8M
Total Liab621.6M723.2M914.1M1.1B1.3B647.4M
Intangible Assets70.7M78.0M77.8M73.9M85.0M79.4M
Property Plant Equipment398.6M398.9M422.4M422.6M485.9M300.4M
Other Liab14.8M17.8M33.9M29.7M34.1M35.8M
Net Tangible Assets1.3B1.3B1.4B1.5B1.7B1.3B
Other Stockholder Equity13.1M14.9M15.6M10.9M12.5M12.1M
Deferred Long Term Liab3.1M4.0M15.4M5.4M6.2M5.8M
Total Current Assets1.5B1.6B1.9B2.1B2.4B1.7B
Non Current Assets Total587.1M625.5M639.7M647.3M744.5M595.1M
Non Currrent Assets Other10.6M12.2M4.9M1.6M1.5M1.4M
Short Term Investments180.5M130.6M10M235.0M211.5M261.9M
Non Current Liabilities Total17.8M38.8M106.3M29.6M34.1M30.6M
Net Invested Capital1.4B1.5B1.7B1.9B2.2B1.7B
Net Working Capital858.0M950.2M1.1B1.0B1.2B1.0B
Property Plant And Equipment Net398.9M422.4M422.6M413.4M475.5M452.3M
Property Plant And Equipment Gross588.4M637.8M422.6M699.8M804.7M641.3M

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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.