Zhejiang Total Operating Expenses vs Total Revenue Analysis

300813 Stock   18.21  0.84  4.41%   
Zhejiang Tailin financial indicator trend analysis is more than just analyzing Zhejiang Tailin Bioe current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Tailin Bioe is a good investment. Please check the relationship between Zhejiang Tailin Total Operating Expenses and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Tailin Bioengineering. 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.

Total Operating Expenses vs Total Revenue

Total Operating Expenses vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Tailin Bioe Total Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zhejiang Tailin's Total Operating Expenses and Total Revenue is 0.98. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Zhejiang Tailin Bioengineering, assuming nothing else is changed. The correlation between historical values of Zhejiang Tailin's Total Operating Expenses 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 Operating Expenses of Zhejiang Tailin Bioengineering 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 Operating Expenses i.e., Zhejiang Tailin's Total Operating Expenses and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Zhejiang Tailin Bioe 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 Zhejiang Tailin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Tailin Bioe 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 Zhejiang Tailin Bioengineering. 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 25, 2024, Tax Provision is expected to decline to about 3.4 M. In addition to that, Selling General Administrative is expected to decline to about 37.4 M
 2021 2022 2023 2024 (projected)
Net Interest Income6.6M9.0M10.5M11.0M
Tax Provision6.1M261.1K3.5M3.4M

Zhejiang Tailin fundamental ratios Correlations

0.010.950.990.880.970.950.850.950.78-0.580.940.620.790.960.70.880.80.99-0.60.960.870.930.990.97-0.43
0.010.240.070.010.220.110.290.01-0.22-0.290.180.26-0.480.110.12-0.230.050.050.250.140.16-0.31-0.07-0.010.36
0.950.240.950.890.960.920.870.880.75-0.660.930.670.680.980.730.840.830.94-0.550.960.850.820.930.9-0.42
0.990.070.950.850.980.970.890.950.77-0.570.950.640.750.950.710.860.750.99-0.620.960.890.90.980.97-0.41
0.880.010.890.850.830.830.740.790.69-0.430.810.70.710.910.630.80.870.86-0.450.820.750.820.860.83-0.38
0.970.220.960.980.830.960.920.910.71-0.550.960.650.630.940.760.780.720.95-0.550.970.90.820.940.92-0.32
0.950.110.920.970.830.960.960.880.78-0.460.970.790.70.920.780.820.670.93-0.650.890.970.820.930.91-0.4
0.850.290.870.890.740.920.960.760.74-0.450.920.840.550.840.820.720.510.83-0.670.820.970.640.810.8-0.38
0.950.010.880.950.790.910.880.760.63-0.610.840.490.740.850.480.820.740.99-0.520.90.740.910.960.99-0.31
0.78-0.220.750.770.690.710.780.740.63-0.430.740.580.880.80.80.930.530.71-0.910.760.750.750.780.7-0.87
-0.58-0.29-0.66-0.57-0.43-0.55-0.46-0.45-0.61-0.43-0.46-0.17-0.45-0.56-0.28-0.57-0.48-0.60.35-0.63-0.39-0.51-0.57-0.590.31
0.940.180.930.950.810.960.970.920.840.74-0.460.760.650.950.80.770.740.91-0.550.90.940.810.920.88-0.33
0.620.260.670.640.70.650.790.840.490.58-0.170.760.410.670.650.550.490.59-0.480.50.840.440.570.55-0.27
0.79-0.480.680.750.710.630.70.550.740.88-0.450.650.410.750.50.960.640.76-0.790.70.590.90.830.79-0.78
0.960.110.980.950.910.940.920.840.850.8-0.560.950.670.750.780.860.870.92-0.560.950.850.870.940.89-0.46
0.70.120.730.710.630.760.780.820.480.8-0.280.80.650.50.780.620.440.59-0.640.740.860.550.650.54-0.5
0.88-0.230.840.860.80.780.820.720.820.93-0.570.770.550.960.860.620.710.86-0.820.830.710.890.90.86-0.78
0.80.050.830.750.870.720.670.510.740.53-0.480.740.490.640.870.440.710.79-0.20.760.540.80.80.77-0.26
0.990.050.940.990.860.950.930.830.990.71-0.60.910.590.760.920.590.860.79-0.560.940.820.920.991.0-0.36
-0.60.25-0.55-0.62-0.45-0.55-0.65-0.67-0.52-0.910.35-0.55-0.48-0.79-0.56-0.64-0.82-0.2-0.56-0.58-0.64-0.56-0.62-0.570.89
0.960.140.960.960.820.970.890.820.90.76-0.630.90.50.70.950.740.830.760.94-0.580.810.850.950.91-0.44
0.870.160.850.890.750.90.970.970.740.75-0.390.940.840.590.850.860.710.540.82-0.640.810.70.820.79-0.35
0.93-0.310.820.90.820.820.820.640.910.75-0.510.810.440.90.870.550.890.80.92-0.560.850.70.960.93-0.47
0.99-0.070.930.980.860.940.930.810.960.78-0.570.920.570.830.940.650.90.80.99-0.620.950.820.960.98-0.46
0.97-0.010.90.970.830.920.910.80.990.7-0.590.880.550.790.890.540.860.771.0-0.570.910.790.930.98-0.38
-0.430.36-0.42-0.41-0.38-0.32-0.4-0.38-0.31-0.870.31-0.33-0.27-0.78-0.46-0.5-0.78-0.26-0.360.89-0.44-0.35-0.47-0.46-0.38
Click cells to compare fundamentals

Zhejiang Tailin Account Relationship Matchups

Zhejiang Tailin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets266.9M540.0M655.9M922.7M973.5M545.0M
Other Current Liab18.0M59.1M103.8M4.5M5.1M4.9M
Total Current Liabilities37.8M95.3M153.5M129.3M161.8M99.5M
Total Stockholder Equity229.1M444.2M497.4M647.5M648.8M402.1M
Net Tangible Assets182.6M217.2M432.6M485.0M557.8M285.1M
Retained Earnings147.1M164.3M217.4M254.0M248.6M170.9M
Accounts Payable12.2M14.1M16.7M14.3M14.8M13.5M
Cash51.9M322.2M302.5M577.2M397.0M251.4M
Non Current Assets Total116.4M113.7M141.4M159.1M334.8M351.5M
Non Currrent Assets Other116.4M1.4M3.5M3.0M7.4M7.1M
Other Assets13.1M15.5M15.9M23.0M26.5M14.6M
Net Receivables44.9M17.9M57.7M42.6M36.1M39.2M
Inventory42.3M63.2M122.4M111.2M160.6M83.4M
Other Current Assets11.3M10.4M11.8M4.3M20.7M10.5M
Total Liab37.8M95.7M158.5M275.2M323.3M339.4M
Deferred Long Term Liab3.5M3.2M3.1M8.5M9.7M4.9M
Total Current Assets150.5M426.3M514.5M763.5M638.8M396.3M
Intangible Assets11.9M11.6M12.4M11.8M11.3M9.6M
Property Plant Equipment88.2M89.0M86.2M106.0M121.9M79.7M
Net Invested Capital229.1M444.2M497.4M792.9M806.4M492.0M
Net Working Capital112.7M331.0M361.0M634.2M476.9M327.3M

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 Zhejiang Stock

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