ZheJiang Selling General Administrative vs Non Current Liabilities Total Analysis

002615 Stock   8.39  0.03  0.36%   
ZheJiang Haers financial indicator trend analysis is more than just analyzing ZheJiang Haers Vacuum current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZheJiang Haers Vacuum is a good investment. Please check the relationship between ZheJiang Haers Selling General Administrative and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZheJiang Haers Vacuum. 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.

Selling General Administrative vs Non Current Liabilities Total

Selling General Administrative vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZheJiang Haers Vacuum Selling General Administrative account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ZheJiang Haers' Selling General Administrative and Non Current Liabilities Total is 0.14. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of ZheJiang Haers Vacuum, assuming nothing else is changed. The correlation between historical values of ZheJiang Haers' Selling General Administrative and Non Current Liabilities Total 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 ZheJiang Haers Vacuum are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Selling General Administrative i.e., ZheJiang Haers' Selling General Administrative and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Non Current Liabilities Total

Most indicators from ZheJiang Haers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZheJiang Haers Vacuum 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 Haers Vacuum. 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 December 1, 2024, Selling General Administrative is expected to decline to about 168.7 M. The current year's Tax Provision is expected to grow to about (21.5 M)
 2021 2022 2023 2024 (projected)
Operating Income216.3M269.7M251.8M264.4M
Total Revenue2.4B2.4B2.4B1.3B

ZheJiang Haers fundamental ratios Correlations

0.340.960.90.870.840.71-0.050.840.870.980.60.960.830.890.970.840.330.77-0.70.910.940.770.19-0.730.28
0.340.380.230.170.08-0.060.280.270.260.390.360.380.510.190.40.030.1-0.02-0.380.40.16-0.070.02-0.03-0.33
0.960.380.760.80.810.63-0.160.880.880.990.711.00.840.870.960.830.420.65-0.70.910.920.750.28-0.70.32
0.90.230.760.850.750.740.050.590.710.80.320.740.640.780.850.730.130.88-0.580.750.840.710.05-0.690.08
0.870.170.80.850.940.820.030.680.750.820.480.780.710.950.830.890.180.8-0.730.860.90.890.08-0.770.16
0.840.080.810.750.940.86-0.090.770.710.830.450.810.650.920.780.940.310.74-0.790.840.920.87-0.03-0.870.4
0.71-0.060.630.740.820.86-0.250.560.420.640.10.610.330.740.560.890.330.78-0.530.620.840.69-0.21-0.880.35
-0.050.28-0.160.050.03-0.09-0.250.01-0.04-0.12-0.03-0.120.270.010.03-0.21-0.22-0.17-0.10.01-0.22-0.18-0.270.26-0.1
0.840.270.880.590.680.770.560.010.780.880.650.920.820.80.820.740.410.46-0.650.880.810.640.17-0.580.63
0.870.260.880.710.750.710.42-0.040.780.90.80.880.840.820.920.630.060.55-0.580.840.770.80.56-0.420.23
0.980.390.990.80.820.830.64-0.120.880.90.690.990.850.880.970.820.370.67-0.720.920.930.760.27-0.70.32
0.60.360.710.320.480.450.1-0.030.650.80.690.710.780.680.720.410.140.16-0.560.730.480.640.65-0.120.04
0.960.381.00.740.780.810.61-0.120.920.880.990.710.860.870.950.820.420.62-0.70.920.910.730.26-0.680.39
0.830.510.840.640.710.650.330.270.820.840.850.780.860.820.90.60.240.46-0.680.910.70.640.32-0.40.16
0.890.190.870.780.950.920.740.010.80.820.880.680.870.820.890.90.30.7-0.780.930.90.910.2-0.720.22
0.970.40.960.850.830.780.560.030.820.920.970.720.950.90.890.760.290.69-0.70.920.880.780.33-0.610.18
0.840.030.830.730.890.940.89-0.210.740.630.820.410.820.60.90.760.490.75-0.680.790.940.82-0.02-0.90.39
0.330.10.420.130.180.310.33-0.220.410.060.370.140.420.240.30.290.490.08-0.340.290.360.1-0.19-0.540.34
0.77-0.020.650.880.80.740.78-0.170.460.550.670.160.620.460.70.690.750.08-0.520.650.850.74-0.09-0.780.13
-0.7-0.38-0.7-0.58-0.73-0.79-0.53-0.1-0.65-0.58-0.72-0.56-0.7-0.68-0.78-0.7-0.68-0.34-0.52-0.78-0.69-0.690.150.69-0.15
0.910.40.910.750.860.840.620.010.880.840.920.730.920.910.930.920.790.290.65-0.780.880.810.24-0.620.24
0.940.160.920.840.90.920.84-0.220.810.770.930.480.910.70.90.880.940.360.85-0.690.880.830.07-0.870.38
0.77-0.070.750.710.890.870.69-0.180.640.80.760.640.730.640.910.780.820.10.74-0.690.810.830.31-0.640.18
0.190.020.280.050.08-0.03-0.21-0.270.170.560.270.650.260.320.20.33-0.02-0.19-0.090.150.240.070.310.33-0.17
-0.73-0.03-0.7-0.69-0.77-0.87-0.880.26-0.58-0.42-0.7-0.12-0.68-0.4-0.72-0.61-0.9-0.54-0.780.69-0.62-0.87-0.640.33-0.39
0.28-0.330.320.080.160.40.35-0.10.630.230.320.040.390.160.220.180.390.340.13-0.150.240.380.18-0.17-0.39
Click cells to compare fundamentals

ZheJiang Haers Account Relationship Matchups

ZheJiang Haers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.1B2.3B2.4B2.8B1.4B
Other Current Liab44.9M67.4M85.2M100.7M880.7K836.7K
Total Current Liabilities948.8M1.0B1.1B868.8M1.0B546.4M
Total Stockholder Equity890.9M809.2M953.1M1.4B1.5B772.2M
Retained Earnings404.6M343.4M478.9M622.9M618.8M649.7M
Accounts Payable302.8M397.7M585.7M449.0M623.9M655.1M
Cash500.2M588.3M666.6M814.1M848.6M891.0M
Other Assets12.9M13.0M18.5M21.2M24.3M28.5M
Long Term Debt247.2M264.2M281.9M80.1M289.0M182.4M
Net Receivables230.5M129.3M219.8M152.0M226.1M135.2M
Inventory421.0M437.6M515.7M413.3M495.4M270.6M
Other Current Assets37.2M26.8M27.3M16.1M20.2M22.0M
Total Liab1.2B1.3B1.4B970.6M1.3B678.8M
Intangible Assets98.3M93.9M86.4M79.9M106.3M63.7M
Property Plant Equipment698.6M659.1M707.7M733.8M843.8M429.6M
Other Liab7.7M10.7M9.4M10.1M11.6M12.2M
Net Tangible Assets763.2M697.8M849.3M1.3B1.5B846.1M
Deferred Long Term Liab4.8M2.6M2.1M2.8M2.5M2.5M
Total Current Assets1.2B1.2B1.4B1.4B1.8B1.2B
Non Current Assets Total901.0M844.4M895.4M917.0M1.0B988.4M
Non Currrent Assets Other955.5M901.0M2.4M3.5M33.9M32.2M
Non Current Liabilities Total254.9M274.9M304.6M101.8M308.3M248.2M
Other Stockholder Equity40.2M48.2M50.2M(6.1M)(7.1M)(6.7M)
Short Long Term Debt449.9M479.6M307.8M217.2M56.5M53.6M
Net Invested Capital1.6B1.6B1.5B1.7B1.8B1.7B
Net Working Capital242.1M236.3M353.1M566.8M768.8M807.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in ZheJiang Stock

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