Hangzhou Investments vs Change In Cash Analysis

300512 Stock   7.66  0.15  2.00%   
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 Investments and its Change In Cash 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.

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Zhongya Mac Investments account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hangzhou Zhongya's Investments and Change In Cash is -0.05. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Cash 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 Investments and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Hangzhou Zhongya Machinery are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Investments i.e., Hangzhou Zhongya's Investments and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change In Cash

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 December 21, 2024, Selling General Administrative is expected to decline to about 88.6 M. In addition to that, Tax Provision is expected to decline to about 3.7 M
 2021 2022 2023 2024 (projected)
Operating Income165.6M142.9M117.7M144.1M
Total Revenue1.1B925.9M1.0B729.3M

Hangzhou Zhongya fundamental ratios Correlations

0.390.940.990.980.940.720.720.730.960.590.950.660.870.910.710.970.80.280.950.80.17-0.720.570.550.55
0.390.320.410.450.250.620.0-0.160.280.270.320.570.020.15-0.20.230.08-0.070.23-0.050.410.030.11-0.24-0.37
0.940.320.880.90.890.690.660.720.920.361.00.70.850.820.680.870.630.250.90.690.01-0.580.510.650.67
0.990.410.880.970.920.710.710.70.930.660.890.620.850.910.690.980.850.280.940.810.24-0.740.550.460.47
0.980.450.90.970.950.740.70.750.970.680.910.710.830.90.730.920.810.350.890.810.16-0.770.660.530.53
0.940.250.890.920.950.590.830.840.990.70.920.60.840.960.840.90.840.460.860.90.16-0.860.720.640.65
0.720.620.690.710.740.590.230.320.630.370.680.840.560.560.310.610.48-0.110.580.40.12-0.390.220.170.14
0.720.00.660.710.70.830.230.760.80.640.680.270.690.840.790.730.770.550.680.840.25-0.80.630.560.59
0.73-0.160.720.70.750.840.320.760.830.550.750.470.880.790.980.760.740.580.770.87-0.13-0.820.740.770.85
0.960.280.920.930.970.990.630.80.830.640.940.620.870.950.810.910.80.360.890.870.11-0.830.740.690.68
0.590.270.360.660.680.70.370.640.550.640.410.320.470.730.640.610.850.490.480.780.48-0.840.610.170.17
0.950.321.00.890.910.920.680.680.750.940.410.690.860.840.710.870.650.270.90.720.0-0.620.580.690.69
0.660.570.70.620.710.60.840.270.470.620.320.690.550.510.420.520.420.170.510.410.13-0.370.30.230.23
0.870.020.850.850.830.840.560.690.880.870.470.860.550.810.840.910.730.220.930.83-0.09-0.740.620.740.75
0.910.150.820.910.90.960.560.840.790.950.730.840.510.810.820.90.910.380.820.950.27-0.90.630.570.59
0.71-0.20.680.690.730.840.310.790.980.810.640.710.420.840.820.750.80.60.730.92-0.06-0.880.720.720.81
0.970.230.870.980.920.90.610.730.760.910.610.870.520.910.90.750.850.290.980.840.13-0.750.560.550.58
0.80.080.630.850.810.840.480.770.740.80.850.650.420.730.910.80.850.480.740.930.36-0.890.480.320.41
0.28-0.070.250.280.350.46-0.110.550.580.360.490.270.170.220.380.60.290.480.260.440.09-0.430.360.150.35
0.950.230.90.940.890.860.580.680.770.890.480.90.510.930.820.730.980.740.260.750.01-0.650.570.630.65
0.8-0.050.690.810.810.90.40.840.870.870.780.720.410.830.950.920.840.930.440.750.23-0.970.70.610.63
0.170.410.010.240.160.160.120.25-0.130.110.480.00.13-0.090.27-0.060.130.360.090.010.23-0.22-0.08-0.41-0.5
-0.720.03-0.58-0.74-0.77-0.86-0.39-0.8-0.82-0.83-0.84-0.62-0.37-0.74-0.9-0.88-0.75-0.89-0.43-0.65-0.97-0.22-0.76-0.57-0.57
0.570.110.510.550.660.720.220.630.740.740.610.580.30.620.630.720.560.480.360.570.7-0.08-0.760.770.65
0.55-0.240.650.460.530.640.170.560.770.690.170.690.230.740.570.720.550.320.150.630.61-0.41-0.570.770.94
0.55-0.370.670.470.530.650.140.590.850.680.170.690.230.750.590.810.580.410.350.650.63-0.5-0.570.650.94
Click cells to compare fundamentals

Hangzhou Zhongya Account Relationship Matchups

Hangzhou Zhongya fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.0B2.3B2.5B2.7B1.8B
Other Current Liab253.2M341.8M340.0M432.5M43.1M40.9M
Total Current Liabilities498.7M603.8M684.4M807.9M1.1B627.7M
Total Stockholder Equity1.4B1.4B1.5B1.6B1.6B1.1B
Retained Earnings546.3M568.9M675.5M762.9M644.9M479.6M
Accounts Payable188.2M208.3M269.2M286.0M283.5M179.3M
Cash313.2M328.3M192.3M266.1M242.3M252.6M
Other Assets23.2M27.7M43.9M37.6M43.2M23.1M
Net Receivables208.6M165.1M441.5M434.9M473.9M497.6M
Inventory630.6M691.9M819.7M1.1B1.0B596.6M
Other Current Assets31.0M50.9M50.5M42.1M12.5M24.8M
Total Liab513.5M621.6M723.2M914.1M1.1B647.4M
Intangible Assets74.3M70.7M78.0M77.8M73.9M79.4M
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 Assets1.3B1.5B1.6B1.9B2.1B1.7B
Non Current Assets Total578.3M587.1M625.5M639.7M647.3M595.1M
Non Currrent Assets Other10.1M10.6M12.2M4.9M1.6M1.5M
Short Term Investments155M180.5M130.6M10M235.0M261.9M
Non Current Liabilities Total14.8M17.8M38.8M106.3M29.6M30.6M
Net Invested Capital1.4B1.4B1.5B1.7B1.9B1.7B
Net Working Capital839.6M858.0M950.2M1.1B1.0B1.0B

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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.