Jiangxi Gross Profit vs Ebitda Analysis

002591 Stock

4.99 0.05 0.99%

Jiangxi Hengda financial indicator trend analysis is infinitely more than just investigating Jiangxi Hengda Hi recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Hengda Hi is a good investment. Please check the relationship between Jiangxi Hengda Gross Profit and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Hengda Hi Tech. 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 Jiangxi Hengda Hi Gross Profit account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Jiangxi Hengda's Gross Profit and Ebitda is 0.81. 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 Jiangxi Hengda Hi Tech, assuming nothing else is changed. The correlation between historical values of Jiangxi Hengda'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 Jiangxi Hengda Hi Tech 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., Jiangxi Hengda's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Jiangxi Hengda Hi Tech minus its cost of goods sold. It is profit before Jiangxi Hengda 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 Jiangxi Hengda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Hengda Hi 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 Jiangxi Hengda Hi Tech. 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 3.8 M, whereas Selling General Administrative is forecasted to decline to about 15.8 M.

	2022	2023	2024	2025 (projected)
Interest Expense	5.2M	7.0M	8.0M	4.3M
Depreciation And Amortization	29.0M	37.0M	42.6M	44.7M

Interest Expense Depreciation And Amortization

Jiangxi Hengda fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.52	0.27	0.49	0.96	0.5	0.4	0.19	-0.05	0.13	0.07	0.92	0.59	0.16	0.7	0.38	0.09	-0.18	0.26	0.33	0.81	0.46	0.64	0.53	0.45	0.78
Short Long Term Debt Total	0.52		0.12	0.72	0.31	0.78	0.25	0.67	-0.51	0.48	-0.32	0.49	0.31	-0.21	0.69	0.26	-0.24	0.44	0.52	-0.22	0.61	0.75	0.32	0.85	0.18	0.76
Other Current Liab	0.27	0.12		-0.03	0.3	0.02	-0.45	-0.01	0.14	-0.28	0.02	0.3	0.35	-0.02	0.22	0.13	0.33	-0.22	-0.26	-0.04	0.2	-0.05	0.05	0.1	0.04	0.08
Total Current Liabilities	0.49	0.72	-0.03		0.29	0.65	0.73	0.68	-0.79	0.84	-0.34	0.51	0.04	-0.24	0.47	0.34	-0.56	0.16	0.46	-0.09	0.69	0.99	0.2	0.89	-0.08	0.71
Total Stockholder Equity	0.96	0.31	0.3	0.29		0.29	0.27	-0.02	0.18	-0.08	0.24	0.86	0.59	0.3	0.63	0.35	0.21	-0.32	0.13	0.4	0.68	0.24	0.67	0.36	0.51	0.61
Property Plant And Equipment Net	0.5	0.78	0.02	0.65	0.29		0.36	0.61	-0.6	0.52	-0.36	0.49	0.26	-0.25	0.5	0.19	-0.17	0.49	0.5	0.08	0.62	0.69	0.27	0.62	0.2	0.86
Current Deferred Revenue	0.4	0.25	-0.45	0.73	0.27	0.36		0.28	-0.54	0.68	-0.09	0.42	-0.26	-0.05	0.08	0.22	-0.65	-0.12	0.25	0.29	0.53	0.7	0.15	0.49	-0.1	0.48
Net Debt	0.19	0.67	-0.01	0.68	-0.02	0.61	0.28		-0.58	0.53	-0.88	0.38	0.26	-0.79	0.27	-0.19	-0.26	0.44	0.13	-0.11	0.28	0.72	-0.29	0.63	0.01	0.57
Retained Earnings	-0.05	-0.51	0.14	-0.79	0.18	-0.6	-0.54	-0.58		-0.95	0.39	-0.09	0.13	0.27	-0.15	-0.24	0.51	-0.41	-0.6	0.37	-0.52	-0.81	0.05	-0.56	0.48	-0.48
Accounts Payable	0.13	0.48	-0.28	0.84	-0.08	0.52	0.68	0.53	-0.95		-0.32	0.13	-0.11	-0.17	0.2	0.24	-0.51	0.34	0.64	-0.31	0.55	0.85	0.06	0.59	-0.43	0.48
Cash	0.07	-0.32	0.02	-0.34	0.24	-0.36	-0.09	-0.88	0.39	-0.32		-0.21	-0.22	0.94	0.07	0.48	0.06	-0.35	0.13	0.04	-0.02	-0.37	0.6	-0.2	0.13	-0.31
Non Current Assets Total	0.92	0.49	0.3	0.51	0.86	0.49	0.42	0.38	-0.09	0.13	-0.21		0.54	-0.15	0.48	0.19	0.03	-0.19	0.04	0.33	0.74	0.47	0.3	0.49	0.36	0.77
Non Currrent Assets Other	0.59	0.31	0.35	0.04	0.59	0.26	-0.26	0.26	0.13	-0.11	-0.22	0.54		-0.05	0.6	0.05	0.7	0.25	0.21	0.02	0.4	0.07	0.37	0.1	0.38	0.44
Cash And Short Term Investments	0.16	-0.21	-0.02	-0.24	0.3	-0.25	-0.05	-0.79	0.27	-0.17	0.94	-0.15	-0.05		0.16	0.52	0.21	-0.22	0.31	-0.07	0.12	-0.26	0.69	-0.13	0.06	-0.21
Net Receivables	0.7	0.69	0.22	0.47	0.63	0.5	0.08	0.27	-0.15	0.2	0.07	0.48	0.6	0.16		0.38	0.11	0.15	0.57	0.02	0.59	0.47	0.79	0.62	0.48	0.67
Common Stock Shares Outstanding	0.38	0.26	0.13	0.34	0.35	0.19	0.22	-0.19	-0.24	0.24	0.48	0.19	0.05	0.52	0.38		-0.17	-0.07	0.53	-0.18	0.53	0.32	0.56	0.33	-0.03	0.22
Short Term Investments	0.09	-0.24	0.33	-0.56	0.21	-0.17	-0.65	-0.26	0.51	-0.51	0.06	0.03	0.7	0.21	0.11	-0.17		0.09	-0.07	0.01	-0.11	-0.54	0.17	-0.49	0.19	-0.12
Non Current Liabilities Total	-0.18	0.44	-0.22	0.16	-0.32	0.49	-0.12	0.44	-0.41	0.34	-0.35	-0.19	0.25	-0.22	0.15	-0.07	0.09		0.41	-0.35	0.0	0.27	-0.05	0.18	0.02	0.19
Inventory	0.26	0.52	-0.26	0.46	0.13	0.5	0.25	0.13	-0.6	0.64	0.13	0.04	0.21	0.31	0.57	0.53	-0.07	0.41		-0.43	0.58	0.49	0.58	0.39	-0.12	0.48
Other Current Assets	0.33	-0.22	-0.04	-0.09	0.4	0.08	0.29	-0.11	0.37	-0.31	0.04	0.33	0.02	-0.07	0.02	-0.18	0.01	-0.35	-0.43		0.02	-0.12	0.17	-0.15	0.39	0.13
Other Stockholder Equity	0.81	0.61	0.2	0.69	0.68	0.62	0.53	0.28	-0.52	0.55	-0.02	0.74	0.4	0.12	0.59	0.53	-0.11	0.0	0.58	0.02		0.66	0.53	0.57	-0.06	0.79
Total Liab	0.46	0.75	-0.05	0.99	0.24	0.69	0.7	0.72	-0.81	0.85	-0.37	0.47	0.07	-0.26	0.47	0.32	-0.54	0.27	0.49	-0.12	0.66		0.19	0.89	-0.07	0.71
Total Current Assets	0.64	0.32	0.05	0.2	0.67	0.27	0.15	-0.29	0.05	0.06	0.6	0.3	0.37	0.69	0.79	0.56	0.17	-0.05	0.58	0.17	0.53	0.19		0.32	0.4	0.4
Short Term Debt	0.53	0.85	0.1	0.89	0.36	0.62	0.49	0.63	-0.56	0.59	-0.2	0.49	0.1	-0.13	0.62	0.33	-0.49	0.18	0.39	-0.15	0.57	0.89	0.32		0.16	0.66
Intangible Assets	0.45	0.18	0.04	-0.08	0.51	0.2	-0.1	0.01	0.48	-0.43	0.13	0.36	0.38	0.06	0.48	-0.03	0.19	0.02	-0.12	0.39	-0.06	-0.07	0.4	0.16		0.35
Common Stock	0.78	0.76	0.08	0.71	0.61	0.86	0.48	0.57	-0.48	0.48	-0.31	0.77	0.44	-0.21	0.67	0.22	-0.12	0.19	0.48	0.13	0.79	0.71	0.4	0.66	0.35

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Jiangxi Hengda Account Relationship Matchups

Jiangxi Hengda fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	989.0M	1.1B	1.0B	1.0B	1.2B	923.3M
Short Long Term Debt Total	52.7M	147.4M	153.1M	157.4M	181.0M	91.1M
Other Current Liab	1.4M	2.4M	40.9M	2.1M	2.4M	2.3M
Total Current Liabilities	197.6M	279.5M	257.3M	320.8M	368.9M	387.3M
Total Stockholder Equity	758.3M	776.1M	712.7M	671.4M	772.1M	720.8M
Property Plant And Equipment Net	209.4M	272.9M	331.6M	249.0M	286.3M	168.3M
Current Deferred Revenue	55.9M	56.3M	15.7M	77.4M	89.0M	93.5M
Net Debt	(106.3M)	33.5M	81.3M	31.0M	35.7M	37.5M
Retained Earnings	(390.1M)	(371.7M)	(434.1M)	(474.7M)	(427.2M)	(405.8M)
Accounts Payable	97.0M	104.6M	69.5M	93.3M	107.3M	112.6M
Cash	159.0M	113.9M	71.8M	126.4M	145.3M	146.1M
Non Current Assets Total	379.4M	418.9M	484.9M	483.0M	555.5M	388.6M
Non Currrent Assets Other	82.3M	147.5M	116.9M	9.3M	10.6M	10.1M
Cash And Short Term Investments	180.0M	203.7M	98.9M	126.4M	145.3M	157.7M
Net Receivables	317.5M	374.6M	346.6M	318.6M	366.4M	301.8M
Common Stock Shares Outstanding	301.2M	299.3M	300.2M	300.1M	345.1M	298.8M
Short Term Investments	21.0M	89.8M	27.1M	(137.9M)	(124.1M)	(117.9M)
Liabilities And Stockholders Equity	989.0M	1.1B	1.0B	1.0B	1.2B	923.3M
Non Current Liabilities Total	14.9M	39.1M	31.3M	16.9M	19.4M	16.1M
Inventory	100.1M	97.0M	66.1M	74.7M	85.9M	48.6M
Other Current Assets	12.0M	8.8M	12.1M	13.0M	14.9M	26.6M
Other Stockholder Equity	851.7M	807.4M	811.7M	811.7M	933.4M	511.5M
Total Liab	212.5M	318.6M	288.6M	337.7M	388.3M	407.7M
Total Current Assets	609.6M	684.2M	523.8M	532.6M	612.5M	534.7M
Short Term Debt	43.3M	116.1M	131.2M	147.9M	170.1M	178.6M
Intangible Assets	26.4M	25.7M	24.9M	24.2M	27.8M	31.3M
Common Stock	306.8M	306.7M	304.5M	300.2M	345.2M	212.5M
Other Liab	3.8M	3.9M	5.6M	7.9M	7.1M	5.4M
Property Plant Equipment	174.6M	209.4M	272.9M	333.1M	383.0M	402.2M
Net Tangible Assets	643.5M	738.4M	715.9M	734.5M	844.7M	766.5M
Short Long Term Debt	43.3M	82.1M	102.8M	142.8M	164.3M	91.1M
Deferred Long Term Liab	329.4K	228.2K	630.2K	436.0K	392.4K	558.6K
Net Invested Capital	811.0M	886.4M	837.1M	819.7M	737.7M	844.6M
Net Working Capital	412.0M	404.7M	266.5M	211.9M	190.7M	280.3M
Property Plant And Equipment Gross	323.2M	403.9M	331.6M	402.9M	463.4M	379.9M
Accumulated Other Comprehensive Income	36.5M	35.9M	34.9M	34.2M	39.3M	30.6M

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

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Jiangxi Gross Profit vs Ebitda Analysis

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

Correlation Coefficient

Gross Profit

Ebitda

Jiangxi Hengda fundamental ratios Correlations

Jiangxi Hengda Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangxi Hengda fundamental ratios Accounts

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Other Information on Investing in Jiangxi Stock

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Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.96	Total Assets
Cash And Short Term Investments	+ 0.94	Cash
Non Current Assets Total	+ 0.92	Total Assets
Short Term Debt	+ 0.89	Total Current Liabilities
Short Term Debt	+ 0.89	Total Liab

Accounts Payable	- 0.95	Retained Earnings
Cash	- 0.88	Net Debt
Total Liab	- 0.81	Retained Earnings
Cash And Short Term Investments	- 0.79	Net Debt
Retained Earnings	- 0.79	Total Current Liabilities
Short Term Investments	- 0.65	Current Deferred Revenue