North Total Operating Expenses vs Total Revenue Analysis

000059 Stock   5.23  0.17  3.15%   
North Huajin financial indicator trend analysis is infinitely more than just investigating North Huajin Chemical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Huajin Chemical is a good investment. Please check the relationship between North Huajin 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 North Huajin Chemical. 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.

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 North Huajin Chemical Total Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between North Huajin's Total Operating Expenses and Total Revenue is 0.48. 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 North Huajin Chemical, assuming nothing else is changed. The correlation between historical values of North Huajin'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 North Huajin Chemical 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., North Huajin's Total Operating Expenses and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

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 North Huajin Chemical 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 North Huajin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Huajin Chemical 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 North Huajin Chemical. 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 Selling General Administrative is expected to grow to about 784.2 M, whereas Tax Provision is forecasted to decline to about 68 M.
 2021 2022 2023 2024 (projected)
Operating Income1.8B1.3B481.3M457.3M
Total Revenue38.6B49.1B46.1B24.3B

North Huajin fundamental ratios Correlations

0.480.630.720.70.340.470.310.460.160.840.490.860.610.80.760.480.29-0.17-0.110.070.250.210.310.27-0.17
0.480.56-0.040.130.21-0.24-0.270.290.110.590.320.7-0.07-0.040.67-0.16-0.440.30.31-0.23-0.54-0.12-0.34-0.370.47
0.630.560.050.360.1-0.180.33-0.210.410.510.180.840.460.330.77-0.26-0.420.450.56-0.46-0.410.41-0.340.080.49
0.72-0.040.050.770.120.830.390.4-0.040.460.640.270.680.890.140.910.81-0.63-0.510.350.730.290.760.61-0.64
0.70.130.360.770.10.570.40.110.080.490.460.410.610.760.330.640.52-0.53-0.130.050.490.510.460.65-0.36
0.340.210.10.120.10.24-0.010.51-0.320.480.020.39-0.20.110.380.120.17-0.07-0.320.430.24-0.230.260.0-0.29
0.47-0.24-0.180.830.570.240.310.42-0.10.340.410.050.430.67-0.10.830.92-0.81-0.80.690.870.050.920.58-0.92
0.31-0.270.330.390.4-0.010.31-0.31-0.04-0.040.220.140.720.590.00.160.27-0.05-0.080.160.270.390.310.53-0.2
0.460.29-0.210.40.110.510.42-0.31-0.170.60.120.35-0.140.260.380.460.37-0.37-0.540.480.37-0.510.38-0.26-0.42
0.160.110.41-0.040.08-0.32-0.1-0.04-0.170.06-0.050.250.430.180.24-0.24-0.270.090.45-0.47-0.240.26-0.22-0.110.32
0.840.590.510.460.490.480.34-0.040.60.060.20.830.210.520.720.290.18-0.1-0.150.180.19-0.060.230.0-0.12
0.490.320.180.640.460.020.410.220.12-0.050.20.210.440.410.070.630.35-0.26-0.08-0.040.170.440.420.44-0.15
0.860.70.840.270.410.390.050.140.350.250.830.210.350.460.950.0-0.190.230.22-0.16-0.190.08-0.13-0.070.23
0.61-0.070.460.680.61-0.20.430.72-0.140.430.210.440.350.870.210.370.33-0.18-0.01-0.070.290.480.320.5-0.16
0.8-0.040.330.890.760.110.670.590.260.180.520.410.460.870.330.630.61-0.39-0.320.230.590.310.570.53-0.45
0.760.670.770.140.330.38-0.10.00.380.240.720.070.950.210.33-0.09-0.310.280.31-0.27-0.280.03-0.29-0.190.33
0.48-0.16-0.260.910.640.120.830.160.46-0.240.290.630.00.370.63-0.090.89-0.77-0.610.410.80.230.820.6-0.75
0.29-0.44-0.420.810.520.170.920.270.37-0.270.180.35-0.190.330.61-0.310.89-0.82-0.80.670.970.110.950.64-0.94
-0.170.30.45-0.63-0.53-0.07-0.81-0.05-0.370.09-0.1-0.260.23-0.18-0.390.28-0.77-0.820.69-0.5-0.760.07-0.74-0.360.83
-0.110.310.56-0.51-0.13-0.32-0.8-0.08-0.540.45-0.15-0.080.22-0.01-0.320.31-0.61-0.80.69-0.93-0.770.45-0.79-0.20.92
0.07-0.23-0.460.350.050.430.690.160.48-0.470.18-0.04-0.16-0.070.23-0.270.410.67-0.5-0.930.67-0.460.730.19-0.83
0.25-0.54-0.410.730.490.240.870.270.37-0.240.190.17-0.190.290.59-0.280.80.97-0.76-0.770.670.090.910.62-0.92
0.21-0.120.410.290.51-0.230.050.39-0.510.26-0.060.440.080.480.310.030.230.110.070.45-0.460.090.10.760.14
0.31-0.34-0.340.760.460.260.920.310.38-0.220.230.42-0.130.320.57-0.290.820.95-0.74-0.790.730.910.10.62-0.91
0.27-0.370.080.610.650.00.580.53-0.26-0.110.00.44-0.070.50.53-0.190.60.64-0.36-0.20.190.620.760.62-0.48
-0.170.470.49-0.64-0.36-0.29-0.92-0.2-0.420.32-0.12-0.150.23-0.16-0.450.33-0.75-0.940.830.92-0.83-0.920.14-0.91-0.48
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North Huajin Account Relationship Matchups

North Huajin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B27.9B32.1B32.6B31.9B22.7B
Other Current Liab816.4M629.3M2.5B1.9B79.5M75.5M
Total Current Liabilities9.0B7.5B7.7B11.3B6.8B9.0B
Total Stockholder Equity13.6B13.5B14.3B14.4B14.3B8.3B
Other Liab301.2M296.0M307.1M280.9M323.0M217.3M
Accounts Payable1.2B856.1M2.1B2.9B3.8B3.9B
Cash7.1B7.8B9.6B10.0B9.4B9.9B
Other Assets573.0M695.4M999.6M930.4M1.1B1.1B
Long Term Debt6.0B5.9B10.0B5.9B9.8B5.1B
Net Receivables532.6M190.5M256.9M103.3M170.5M327.5M
Inventory3.7B2.8B4.5B5.1B5.8B2.9B
Other Current Assets1.8B2.0B3.1B3.2B30.4M28.9M
Total Liab15.2B13.8B17.2B17.5B16.9B14.2B
Intangible Assets1.3B1.3B1.2B1.2B1.1B723.7M
Property Plant Equipment14.1B13.0B13.0B11.9B13.6B12.3B
Retained Earnings6.0B6.0B6.2B5.7B5.6B3.0B
Net Tangible Assets12.3B12.3B13.1B13.2B15.2B12.3B
Other Stockholder Equity47.8M26.3M6.1M8.7K7.8K7.4K
Deferred Long Term Liab133.4M232.5M527.0M463.2M532.6M559.3M
Short Long Term Debt6.7B1.6B1.4B1.0B1.0B950.6M
Total Current Assets13.3B12.9B17.8B18.6B19.2B16.2B
Non Current Assets Total16.0B15.0B14.6B14.1B12.7B12.5B
Non Currrent Assets Other162.0M169.6M164.3M159.7M247.0M337.6M
Non Current Liabilities Total6.2B6.3B10.4B6.3B10.1B6.9B
Non Current Liabilities Other53.0M8.7B5.8B144.0M120.9M114.8M
Net Debt5.1B5.3B1.8B1.3B1.2B1.1B
Net Invested Capital26.1B21.1B25.6B21.3B25.1B19.6B
Net Working Capital4.3B5.4B10.7B7.3B12.4B6.7B

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Other Information on Investing in North Stock

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