Hunan Selling General Administrative vs Total Revenue Analysis

600698 Stock   5.89  0.33  5.94%   
Hunan Tyen financial indicator trend analysis is much more than just examining Hunan Tyen Machinery latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Tyen Machinery is a good investment. Please check the relationship between Hunan Tyen Selling General Administrative and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Tyen 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 nation.

Selling General Administrative vs Total Revenue

Selling General Administrative vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Tyen Machinery Selling General Administrative account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hunan Tyen's Selling General Administrative and Total Revenue is 0.72. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Hunan Tyen Machinery, assuming nothing else is changed. The correlation between historical values of Hunan Tyen's Selling General Administrative 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 Selling General Administrative of Hunan Tyen Machinery 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 Selling General Administrative i.e., Hunan Tyen's Selling General Administrative and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Total Revenue

Total revenue comprises all receipts Hunan Tyen Machinery 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 Hunan Tyen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Tyen Machinery 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 Hunan Tyen 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 nation.
The current year's Tax Provision is expected to grow to about 1.9 M, whereas Selling General Administrative is forecasted to decline to about 21.8 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue475.9M285.7M433.4M624.2M
Total Revenue568.5M330.6M487.7M734.2M

Hunan Tyen fundamental ratios Correlations

0.320.840.960.930.86-0.55-0.320.990.940.960.830.15-0.150.89-0.82-0.110.04-0.09-0.110.09-0.22-0.05-0.220.160.1
0.320.380.240.560.27-0.39-0.80.350.430.430.38-0.62-0.660.5-0.230.010.09-0.42-0.670.7-0.6-0.11-0.60.36-0.17
0.840.380.670.790.92-0.64-0.370.830.90.781.00.16-0.260.93-0.770.020.13-0.29-0.14-0.04-0.220.0-0.220.160.18
0.960.240.670.890.75-0.48-0.250.950.840.940.650.17-0.050.78-0.76-0.21-0.020.05-0.040.1-0.2-0.11-0.20.120.07
0.930.560.790.890.76-0.61-0.50.940.880.980.77-0.13-0.410.89-0.75-0.190.08-0.23-0.270.3-0.51-0.17-0.510.330.19
0.860.270.920.750.76-0.72-0.280.820.860.780.90.330.020.9-0.72-0.190.00.030.02-0.11-0.130.02-0.130.080.2
-0.55-0.39-0.64-0.48-0.61-0.720.26-0.55-0.5-0.64-0.59-0.20.05-0.790.590.61-0.380.0-0.190.180.550.570.55-0.23-0.29
-0.32-0.8-0.37-0.25-0.5-0.280.26-0.37-0.42-0.41-0.370.580.59-0.410.21-0.16-0.070.460.68-0.560.44-0.110.44-0.290.06
0.990.350.830.950.940.82-0.55-0.370.940.970.820.08-0.240.88-0.85-0.080.1-0.19-0.160.09-0.3-0.1-0.30.20.1
0.940.430.90.840.880.86-0.5-0.420.940.870.9-0.02-0.330.87-0.780.090.09-0.31-0.350.18-0.210.1-0.210.120.03
0.960.430.780.940.980.78-0.64-0.410.970.870.750.03-0.280.89-0.81-0.240.12-0.16-0.110.16-0.44-0.24-0.440.270.16
0.830.381.00.650.770.9-0.59-0.370.820.90.750.13-0.30.91-0.750.110.15-0.35-0.19-0.02-0.190.05-0.190.180.15
0.15-0.620.160.17-0.130.33-0.20.580.08-0.020.030.130.790.15-0.24-0.26-0.140.620.86-0.760.55-0.130.55-0.330.05
-0.15-0.66-0.26-0.05-0.410.020.050.59-0.24-0.33-0.28-0.30.79-0.260.24-0.27-0.240.850.72-0.580.60.050.6-0.230.02
0.890.50.930.780.890.9-0.79-0.410.880.870.890.910.15-0.26-0.86-0.230.16-0.17-0.06-0.01-0.41-0.27-0.410.180.15
-0.82-0.23-0.77-0.76-0.75-0.720.590.21-0.85-0.78-0.81-0.75-0.240.24-0.860.23-0.170.15-0.060.230.30.340.30.160.01
-0.110.010.02-0.21-0.19-0.190.61-0.16-0.080.09-0.240.11-0.26-0.27-0.230.23-0.18-0.47-0.510.260.460.70.460.08-0.32
0.040.090.13-0.020.080.0-0.38-0.070.10.090.120.15-0.14-0.240.16-0.17-0.18-0.52-0.03-0.12-0.39-0.57-0.390.110.02
-0.09-0.42-0.290.05-0.230.030.00.46-0.19-0.31-0.16-0.350.620.85-0.170.15-0.47-0.520.63-0.410.35-0.010.35-0.220.04
-0.11-0.67-0.14-0.04-0.270.02-0.190.68-0.16-0.35-0.11-0.190.860.72-0.06-0.06-0.51-0.030.63-0.780.26-0.440.26-0.170.2
0.090.7-0.040.10.3-0.110.18-0.560.090.180.16-0.02-0.76-0.58-0.010.230.26-0.12-0.41-0.78-0.250.29-0.250.3-0.21
-0.22-0.6-0.22-0.2-0.51-0.130.550.44-0.3-0.21-0.44-0.190.550.6-0.410.30.46-0.390.350.26-0.250.591.0-0.49-0.32
-0.05-0.110.0-0.11-0.170.020.57-0.11-0.10.1-0.240.05-0.130.05-0.270.340.7-0.57-0.01-0.440.290.590.59-0.12-0.12
-0.22-0.6-0.22-0.2-0.51-0.130.550.44-0.3-0.21-0.44-0.190.550.6-0.410.30.46-0.390.350.26-0.251.00.59-0.49-0.32
0.160.360.160.120.330.08-0.23-0.290.20.120.270.18-0.33-0.230.180.160.080.11-0.22-0.170.3-0.49-0.12-0.490.38
0.1-0.170.180.070.190.2-0.290.060.10.030.160.150.050.020.150.01-0.320.020.040.2-0.21-0.32-0.12-0.320.38
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Hunan Tyen Account Relationship Matchups

Hunan Tyen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.1B1.1B1.2B1.1B
Other Current Liab150.7M88.9M92.5M87.6M3.2M3.0M
Total Current Liabilities409.6M483.0M314.5M294.6M466.7M640.1M
Total Stockholder Equity762.9M779.4M788.6M760.5M763.4M552.3M
Retained Earnings(845.9M)(812.9M)(804.1M)(831.9M)(913.0M)(958.7M)
Accounts Payable205.0M329.7M193.0M180.6M331.3M305.3M
Cash385.3M363.3M371.0M351.9M297.4M280.8M
Other Assets31.0M39.0M59.1M80.0M92.0M96.6M
Net Receivables401.9M278.4M182.5M156.0M228.0M382.3M
Inventory137.7M143.9M123.4M108.7M116.2M126.8M
Other Current Assets4.2M5.2M4.5M16.2M6.2M5.9M
Total Liab468.4M493.0M321.7M300.3M471.5M653.4M
Intangible Assets27.8M28.0M41.0M67.4M92.2M96.8M
Property Plant Equipment190.7M172.9M162.0M181.4M163.2M313.9M
Other Liab31.2M10.0M5.0M3.8M4.4M4.1M
Net Tangible Assets747.7M767.2M777.0M750.9M863.5M740.6M
Deferred Long Term Liab13.4M16.5M30.0M58.1M66.8M70.2M
Total Current Assets929.2M1.0B877.6M789.8M896.8M740.0M
Non Current Assets Total302.2M224.2M232.7M271.0M338.1M225.3M
Non Currrent Assets Other6.9M12.4M20.4M10.9M24.8M17.5M
Non Current Liabilities Total58.8M10.0M7.2M5.7M4.8M4.5M
Net Invested Capital790.5M779.4M788.6M760.5M763.4M631.3M
Net Working Capital519.5M565.3M563.0M495.2M430.0M504.9M

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Other Information on Investing in Hunan Stock

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