Hangzhou Other Liab vs Deferred Long Term Liab 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 Other Liab and its Deferred Long Term Liab 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.

Other Liab vs Deferred Long Term Liab

Other Liab vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Zhongya Mac Other Liab account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hangzhou Zhongya's Other Liab and Deferred Long Term Liab is 0.6. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Deferred Long Term Liab 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 Other Liab and Deferred Long Term Liab 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 Liab of Hangzhou Zhongya Machinery are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Liab i.e., Hangzhou Zhongya's Other Liab and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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.