Shenyang Gross Profit vs Ebitda Analysis

000692 Stock

3.55 0.08 2.20%

Shenyang Huitian financial indicator trend analysis is much more than just breaking down Shenyang Huitian Thermal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenyang Huitian Thermal is a good investment. Please check the relationship between Shenyang Huitian Gross Profit and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenyang Huitian Thermal. 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.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenyang Huitian Thermal Gross Profit account and Ebitda. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shenyang Huitian's Gross Profit and Ebitda is 0.4. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Shenyang Huitian Thermal, assuming nothing else is changed. The correlation between historical values of Shenyang Huitian's Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Shenyang Huitian Thermal are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Shenyang Huitian's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Shenyang Huitian Thermal minus its cost of goods sold. It is profit before Shenyang Huitian operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebitda

Most indicators from Shenyang Huitian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenyang Huitian Thermal 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 Shenyang Huitian Thermal. 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.

As of November 22, 2024, Selling General Administrative is expected to decline to about 45.4 M. In addition to that, Tax Provision is expected to decline to about 2.5 M

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	258.3M	276.0M	286.9M	282.0M
Interest Income	4.3M	1.7M	2.0M	1.9M

Reconciled Depreciation Interest Income

Shenyang Huitian fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Other Stockholder Equity	Short Term Debt	Common Stock	Short Term Investments
Total Assets		0.14	0.78	-0.01	0.96	0.98	-0.13	0.26	0.57	-0.17	0.77	0.95	0.57	0.91	0.27	0.81	-0.2	0.58	0.41	0.41	0.83	0.47	0.03	0.84	0.87	-0.62
Other Current Liab	0.14		-0.08	0.24	0.0	0.11	0.51	-0.01	-0.29	-0.55	-0.13	0.18	0.39	-0.01	-0.68	-0.22	0.35	-0.32	0.48	0.48	0.18	-0.15	-0.32	-0.09	0.01	-0.42
Total Current Liabilities	0.78	-0.08		-0.52	0.82	0.76	-0.38	0.17	0.78	0.01	0.99	0.77	0.17	0.85	0.66	0.87	-0.71	0.91	0.47	0.47	0.57	0.42	0.24	0.93	0.73	-0.36
Total Stockholder Equity	-0.01	0.24	-0.52		-0.19	-0.01	0.53	-0.17	-0.62	-0.38	-0.56	-0.02	0.57	-0.33	-0.68	-0.34	0.9	-0.55	-0.3	-0.3	0.18	-0.02	0.01	-0.36	-0.06	-0.38
Property Plant And Equipment Net	0.96	0.0	0.82	-0.19		0.98	-0.19	0.23	0.67	-0.12	0.82	0.84	0.48	0.9	0.45	0.82	-0.38	0.66	0.39	0.39	0.71	0.42	0.07	0.83	0.89	-0.55
Non Current Assets Total	0.98	0.11	0.76	-0.01	0.98		-0.11	0.19	0.56	-0.2	0.74	0.88	0.62	0.87	0.29	0.79	-0.21	0.57	0.35	0.35	0.8	0.4	0.05	0.8	0.89	-0.64
Non Currrent Assets Other	-0.13	0.51	-0.38	0.53	-0.19	-0.11		-0.3	-0.67	-0.68	-0.46	-0.16	0.44	-0.43	-0.48	-0.56	0.52	-0.4	0.12	0.12	-0.29	0.17	-0.06	-0.47	-0.1	-0.57
Common Stock Shares Outstanding	0.26	-0.01	0.17	-0.17	0.23	0.19	-0.3		0.26	0.36	0.2	0.37	-0.24	0.39	0.08	0.27	-0.08	0.01	0.26	0.26	0.29	0.06	-0.3	0.26	0.31	0.18
Non Current Liabilities Total	0.57	-0.29	0.78	-0.62	0.67	0.56	-0.67	0.26		0.2	0.86	0.55	-0.03	0.74	0.68	0.76	-0.73	0.72	0.4	0.41	0.44	0.14	0.19	0.75	0.5	-0.09
Other Current Assets	-0.17	-0.55	0.01	-0.38	-0.12	-0.2	-0.68	0.36	0.2		0.06	-0.1	-0.48	0.18	0.29	0.3	-0.19	0.06	-0.49	-0.49	-0.03	-0.05	-0.35	0.14	-0.02	0.81
Total Liab	0.77	-0.13	0.99	-0.56	0.82	0.74	-0.46	0.2	0.86	0.06		0.75	0.13	0.86	0.69	0.88	-0.74	0.9	0.47	0.48	0.56	0.37	0.24	0.93	0.7	-0.31
Total Current Assets	0.95	0.18	0.77	-0.02	0.84	0.88	-0.16	0.37	0.55	-0.1	0.75		0.46	0.89	0.22	0.8	-0.18	0.56	0.49	0.49	0.81	0.56	0.01	0.83	0.76	-0.54
Intangible Assets	0.57	0.39	0.17	0.57	0.48	0.62	0.44	-0.24	-0.03	-0.48	0.13	0.46		0.32	-0.33	0.29	0.44	-0.03	-0.01	-0.01	0.61	0.11	-0.11	0.3	0.51	-0.75
Short Long Term Debt Total	0.91	-0.01	0.85	-0.33	0.9	0.87	-0.43	0.39	0.74	0.18	0.86	0.89	0.32		0.43	0.94	-0.42	0.64	0.34	0.34	0.78	0.39	-0.12	0.93	0.79	-0.28
Current Deferred Revenue	0.27	-0.68	0.66	-0.68	0.45	0.29	-0.48	0.08	0.68	0.29	0.69	0.22	-0.33	0.43		0.53	-0.82	0.8	0.11	0.11	-0.03	0.41	0.36	0.5	0.35	0.05
Net Debt	0.81	-0.22	0.87	-0.34	0.82	0.79	-0.56	0.27	0.76	0.3	0.88	0.8	0.29	0.94	0.53		-0.46	0.72	0.12	0.13	0.78	0.34	-0.01	0.97	0.74	-0.18
Retained Earnings	-0.2	0.35	-0.71	0.9	-0.38	-0.21	0.52	-0.08	-0.73	-0.19	-0.74	-0.18	0.44	-0.42	-0.82	-0.46		-0.8	-0.41	-0.42	0.05	-0.12	-0.38	-0.52	-0.26	-0.13
Accounts Payable	0.58	-0.32	0.91	-0.55	0.66	0.57	-0.4	0.01	0.72	0.06	0.9	0.56	-0.03	0.64	0.8	0.72	-0.8		0.4	0.4	0.3	0.45	0.52	0.77	0.59	-0.24
Cash	0.41	0.48	0.47	-0.3	0.39	0.35	0.12	0.26	0.4	-0.49	0.47	0.49	-0.01	0.34	0.11	0.12	-0.41	0.4		1.0	0.13	0.24	0.28	0.29	0.28	-0.48
Cash And Short Term Investments	0.41	0.48	0.47	-0.3	0.39	0.35	0.12	0.26	0.41	-0.49	0.48	0.49	-0.01	0.34	0.11	0.13	-0.42	0.4	1.0		0.13	0.24	0.29	0.29	0.28	-0.48
Net Receivables	0.83	0.18	0.57	0.18	0.71	0.8	-0.29	0.29	0.44	-0.03	0.56	0.81	0.61	0.78	-0.03	0.78	0.05	0.3	0.13	0.13		0.06	-0.09	0.78	0.68	-0.39
Inventory	0.47	-0.15	0.42	-0.02	0.42	0.4	0.17	0.06	0.14	-0.05	0.37	0.56	0.11	0.39	0.41	0.34	-0.12	0.45	0.24	0.24	0.06		0.07	0.32	0.35	-0.39
Other Stockholder Equity	0.03	-0.32	0.24	0.01	0.07	0.05	-0.06	-0.3	0.19	-0.35	0.24	0.01	-0.11	-0.12	0.36	-0.01	-0.38	0.52	0.28	0.29	-0.09	0.07		0.09	0.08	-0.26
Short Term Debt	0.84	-0.09	0.93	-0.36	0.83	0.8	-0.47	0.26	0.75	0.14	0.93	0.83	0.3	0.93	0.5	0.97	-0.52	0.77	0.29	0.29	0.78	0.32	0.09		0.76	-0.28
Common Stock	0.87	0.01	0.73	-0.06	0.89	0.89	-0.1	0.31	0.5	-0.02	0.7	0.76	0.51	0.79	0.35	0.74	-0.26	0.59	0.28	0.28	0.68	0.35	0.08	0.76		-0.51
Short Term Investments	-0.62	-0.42	-0.36	-0.38	-0.55	-0.64	-0.57	0.18	-0.09	0.81	-0.31	-0.54	-0.75	-0.28	0.05	-0.18	-0.13	-0.24	-0.48	-0.48	-0.39	-0.39	-0.26	-0.28	-0.51

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Shenyang Huitian Account Relationship Matchups

Shenyang Huitian fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1B	5.0B	5.8B	5.5B	5.4B	3.3B
Other Current Liab	899.9M	199.5K	757.5K	1.2B	617.5K	586.6K
Total Current Liabilities	4.4B	3.6B	4.9B	6.1B	4.4B	4.6B
Total Stockholder Equity	1.3B	284.0M	64.9M	(1.9B)	173.4M	164.7M
Property Plant And Equipment Net	2.9B	3.1B	3.3B	3.2B	3.3B	1.7B
Non Current Assets Total	3.8B	3.5B	3.6B	3.5B	3.6B	2.0B
Non Currrent Assets Other	74.8M	73.9M	114.3M	104.0M	57.0M	54.2M
Liabilities And Stockholders Equity	6.1B	5.0B	5.8B	5.5B	5.4B	3.3B
Non Current Liabilities Total	378.7M	1.1B	801.6M	1.2B	838.3M	880.2M
Other Current Assets	73.0M	85.5M	153.7M	58.4M	70.3M	71.3M
Total Liab	4.7B	4.6B	5.7B	7.3B	5.2B	5.5B
Total Current Assets	2.2B	1.5B	2.2B	2.0B	1.8B	1.3B
Intangible Assets	204.9M	201.0M	121.1M	116.9M	90.5M	116.8M
Short Long Term Debt Total	2.6B	2.2B	2.7B	3.0B	2.1B	1.1B
Current Deferred Revenue	79.1M	981.4M	1.5B	935.9M	1.1B	1.2B
Net Debt	2.4B	2.1B	2.4B	2.2B	1.6B	1.7B
Retained Earnings	112.2M	(860.2M)	(1.1B)	(3.0B)	(2.0B)	(1.9B)
Accounts Payable	725.8M	637.1M	1.2B	1.3B	1.3B	1.4B
Cash	212.5M	171.0M	276.5M	774.3M	514.7M	313.4M
Cash And Short Term Investments	212.5M	171.0M	276.5M	774.3M	514.7M	319.2M
Net Receivables	1.6B	990.4M	717.0M	754.0M	674.8M	605.1M
Inventory	386.4M	219.7M	1.1B	434.3M	520.2M	351.3M
Other Stockholder Equity	530.2M	609.1M	352.1M	352.1M	1.6B	1.7B
Short Term Debt	2.6B	1.9B	2.1B	2.6B	1.9B	2.0B
Other Assets	181.8M	1.0	253.9M	191.8M	1.15	1.09
Long Term Debt	204.3M	300.1M	300M	228M	262.2M	185.4M
Property Plant Equipment	2.9B	3.1B	3.3B	3.2B	3.7B	2.1B
Other Liab	177.0M	792.1M	246.8M	869.5M	999.9M	1.0B
Net Tangible Assets	1.1B	83.0M	(56.2M)	(2.0B)	(1.8B)	(1.7B)
Deferred Long Term Liab	6.9M	5.4M	4.4M	3.9M	3.5M	5.1M
Short Long Term Debt	2.0B	1.6B	1.6B	2.3B	1.6B	1.8B
Net Invested Capital	3.3B	2.2B	2.0B	631.6M	2.0B	2.0B
Net Working Capital	(2.1B)	(2.1B)	(2.7B)	(4.1B)	(2.6B)	(2.7B)

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Other Information on Investing in Shenyang Stock

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

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Shenyang Gross Profit vs Ebitda Analysis

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

Correlation Coefficient

Gross Profit

Ebitda

Shenyang Huitian fundamental ratios Correlations

Shenyang Huitian Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenyang Huitian fundamental ratios Accounts

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Other Information on Investing in Shenyang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Short Term Debt	+ 0.97	Net Debt
Property Plant And Equipment Net	+ 0.96	Total Assets

Retained Earnings	- 0.82	Current Deferred Revenue
Accounts Payable	- 0.8	Retained Earnings
Short Term Investments	- 0.75	Intangible Assets
Retained Earnings	- 0.74	Total Liab
Retained Earnings	- 0.73	Non Current Liabilities Total
Retained Earnings	- 0.71	Total Current Liabilities