Zhejiang Interest Income vs Total Operating Expenses Analysis

000913 Stock   19.38  0.11  0.57%   
Zhejiang Qianjiang financial indicator trend analysis is more than just analyzing Zhejiang Qianjiang current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Qianjiang is a good investment. Please check the relationship between Zhejiang Qianjiang Interest Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Qianjiang Motorcycle. 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.

Interest Income vs Total Operating Expenses

Interest Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Qianjiang Interest Income account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zhejiang Qianjiang's Interest Income and Total Operating Expenses is 0.8. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Zhejiang Qianjiang Motorcycle, assuming nothing else is changed. The correlation between historical values of Zhejiang Qianjiang's Interest Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Zhejiang Qianjiang Motorcycle are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Interest Income i.e., Zhejiang Qianjiang's Interest Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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.
Most indicators from Zhejiang Qianjiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Qianjiang 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 Qianjiang Motorcycle. 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 February 17, 2025, Selling General Administrative is expected to decline to about 305.5 M. In addition to that, Tax Provision is expected to decline to about 58.3 M
 2022 2023 2024 2025 (projected)
Gross Profit1.5B1.4B1.6B980.5M
Research Development316.1M324.2M372.9M192.1M

Zhejiang Qianjiang fundamental ratios Correlations

-0.690.980.980.960.960.970.910.05-0.460.6-0.390.980.890.590.490.12-0.750.640.82-0.09-0.510.680.970.84-0.54
-0.69-0.63-0.62-0.65-0.69-0.7-0.55-0.070.42-0.380.3-0.73-0.76-0.32-0.06-0.420.48-0.29-0.6-0.230.33-0.61-0.7-0.730.26
0.98-0.630.960.970.990.950.950.0-0.470.64-0.330.960.860.550.50.04-0.690.730.85-0.11-0.480.660.960.8-0.44
0.98-0.620.960.960.940.950.910.14-0.50.56-0.330.930.890.620.52-0.05-0.730.650.840.0-0.540.740.950.81-0.52
0.96-0.650.970.960.980.970.950.15-0.610.54-0.420.930.860.470.380.0-0.690.730.91-0.02-0.580.750.980.82-0.47
0.96-0.690.990.940.980.940.960.05-0.520.61-0.330.950.850.50.430.05-0.670.750.89-0.02-0.480.730.960.81-0.4
0.97-0.70.950.950.970.940.870.09-0.60.48-0.540.950.890.410.30.05-0.750.660.83-0.11-0.540.660.990.85-0.6
0.91-0.550.950.910.950.960.870.13-0.50.66-0.270.890.770.580.520.03-0.590.790.89-0.03-0.510.710.890.72-0.3
0.05-0.070.00.140.150.050.090.13-0.28-0.14-0.17-0.030.150.190.05-0.140.040.150.270.29-0.350.320.050.04-0.04
-0.460.42-0.47-0.5-0.61-0.52-0.6-0.5-0.28-0.160.39-0.4-0.640.090.20.270.23-0.45-0.74-0.090.65-0.56-0.6-0.590.22
0.6-0.380.640.560.540.610.480.66-0.14-0.160.130.630.490.70.770.37-0.090.330.63-0.11-0.370.340.50.64-0.01
-0.390.3-0.33-0.33-0.42-0.33-0.54-0.27-0.170.390.13-0.42-0.360.20.25-0.090.41-0.3-0.270.340.2-0.07-0.48-0.450.47
0.98-0.730.960.930.930.950.950.89-0.03-0.40.63-0.420.850.560.450.27-0.740.610.77-0.17-0.460.590.950.82-0.55
0.89-0.760.860.890.860.850.890.770.15-0.640.49-0.360.850.480.290.02-0.650.510.790.02-0.550.660.90.82-0.4
0.59-0.320.550.620.470.50.410.580.190.090.70.20.560.480.890.29-0.330.310.440.1-0.270.450.420.4-0.2
0.49-0.060.50.520.380.430.30.520.050.20.770.250.450.290.890.15-0.10.30.40.04-0.240.310.30.36-0.09
0.12-0.420.04-0.050.00.050.050.03-0.140.270.37-0.090.270.020.290.150.02-0.19-0.07-0.190.01-0.180.030.14-0.07
-0.750.48-0.69-0.73-0.69-0.67-0.75-0.590.040.23-0.090.41-0.74-0.65-0.33-0.10.02-0.38-0.40.20.24-0.48-0.76-0.50.56
0.64-0.290.730.650.730.750.660.790.15-0.450.33-0.30.610.510.310.3-0.19-0.380.73-0.09-0.130.550.670.39-0.35
0.82-0.60.850.840.910.890.830.890.27-0.740.63-0.270.770.790.440.4-0.07-0.40.730.15-0.630.820.850.82-0.26
-0.09-0.23-0.110.0-0.02-0.02-0.11-0.030.29-0.09-0.110.34-0.170.020.10.04-0.190.2-0.090.15-0.220.58-0.10.040.31
-0.510.33-0.48-0.54-0.58-0.48-0.54-0.51-0.350.65-0.370.2-0.46-0.55-0.27-0.240.010.24-0.13-0.63-0.22-0.54-0.52-0.590.18
0.68-0.610.660.740.750.730.660.710.32-0.560.34-0.070.590.660.450.31-0.18-0.480.550.820.58-0.540.690.66-0.2
0.97-0.70.960.950.980.960.990.890.05-0.60.5-0.480.950.90.420.30.03-0.760.670.85-0.1-0.520.690.85-0.57
0.84-0.730.80.810.820.810.850.720.04-0.590.64-0.450.820.820.40.360.14-0.50.390.820.04-0.590.660.85-0.35
-0.540.26-0.44-0.52-0.47-0.4-0.6-0.3-0.040.22-0.010.47-0.55-0.4-0.2-0.09-0.070.56-0.35-0.260.310.18-0.2-0.57-0.35
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Zhejiang Qianjiang Account Relationship Matchups

Zhejiang Qianjiang fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.6B5.1B6.7B8.5B9.7B10.2B
Other Current Liab335.4M352.4M33.0M16.0M14.4M13.7M
Total Current Liabilities1.8B2.0B2.8B2.9B3.3B3.5B
Total Stockholder Equity2.7B3.0B3.5B4.4B5.1B5.4B
Retained Earnings812.9M1.1B1.2B1.5B1.8B1.9B
Accounts Payable1.3B1.5B2.2B2.3B2.7B2.8B
Cash1.1B1.5B2.8B4.6B5.3B5.6B
Other Assets120.1M158.1M141.2M208.3M239.6M251.5M
Net Receivables524.8M487.8M452.1M380.6M342.5M654.3M
Inventory927.0M1.1B1.3B1.2B1.4B842.2M
Other Current Assets152.4M66.4M80.9M26.1M30.0M28.5M
Total Liab1.9B2.1B3.2B4.0B4.6B4.9B
Intangible Assets122.9M129.0M363.0M350.1M402.6M422.8M
Property Plant Equipment884.6M894.3M907.4M940.9M1.1B846.9M
Other Liab128.2M138.1M97.0M436.3M392.6M238.0M
Net Tangible Assets2.6B2.6B2.9B3.1B3.6B2.7B
Other Stockholder Equity116.9M102.4M102.5M100.9M90.8M88.6M
Deferred Long Term Liab10.1M16.2M3.8M4.2M3.8M6.5M
Total Current Assets3.1B3.3B4.7B6.3B7.3B7.6B
Non Current Assets Total1.5B1.8B2.0B2.1B2.5B1.9B
Non Currrent Assets Other15.6M64.8M66.9M5.4M4.8M4.6M
Non Current Liabilities Total138.1M123.9M453.0M1.1B1.3B1.4B
Non Current Liabilities Other5.4M17.5M337.8M964.9M1.1B1.2B
Net Invested Capital2.7B3.0B3.5B4.5B5.1B3.4B
Net Working Capital1.3B1.4B2.0B3.4B3.9B4.1B
Property Plant And Equipment Net907.4M940.9M1.1B1.3B1.5B1.1B
Property Plant And Equipment Gross1.9B1.8B1.1B2.2B2.6B1.9B

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Other Information on Investing in Zhejiang Stock

Balance Sheet is a snapshot of the financial position of Zhejiang Qianjiang at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Qianjiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Qianjiang 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.