Hangzhou Property Plant And Equipment Net vs Total Stockholder Equity Analysis

300478 Stock   10.82  0.22  2.08%   
Hangzhou Gaoxin financial indicator trend analysis is much more than just examining Hangzhou Gaoxin Rubber latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Gaoxin Rubber is a good investment. Please check the relationship between Hangzhou Gaoxin Property Plant And Equipment Net and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Gaoxin Rubber. 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Gaoxin Rubber Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hangzhou Gaoxin's Property Plant And Equipment Net and Total Stockholder Equity is 0.42. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Hangzhou Gaoxin Rubber, assuming nothing else is changed. The correlation between historical values of Hangzhou Gaoxin's Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Hangzhou Gaoxin Rubber are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Hangzhou Gaoxin's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Hangzhou Gaoxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Gaoxin Rubber 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 Hangzhou Gaoxin Rubber. 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 30, 2024, Selling General Administrative is expected to decline to about 11.5 M. The current year's Tax Provision is expected to grow to -318.68
 2021 2022 2023 2024 (projected)
Gross Profit35.6M27.6M23.2M22.0M
Research Development22.0M19.6M23.9M25.5M

Hangzhou Gaoxin fundamental ratios Correlations

0.70.490.710.770.79-0.10.250.430.760.660.90.690.660.950.950.90.670.850.890.590.650.160.780.78-0.12
0.7-0.120.980.270.83-0.010.69-0.060.290.510.60.220.510.650.710.870.380.830.660.980.140.640.420.86-0.28
0.49-0.12-0.140.540.0-0.28-0.220.560.780.10.60.580.10.450.40.20.270.310.3-0.290.62-0.530.60.0-0.01
0.710.98-0.140.240.870.180.7-0.120.30.470.640.260.470.640.70.860.420.860.630.950.170.680.420.88-0.36
0.770.270.540.240.42-0.25-0.390.810.680.840.530.790.840.860.830.630.580.350.880.190.71-0.220.730.360.41
0.790.830.00.870.420.20.55-0.110.350.460.760.350.460.690.750.770.770.840.660.790.420.690.50.98-0.46
-0.1-0.01-0.280.18-0.250.20.11-0.45-0.13-0.190.050.02-0.19-0.17-0.12-0.10.190.13-0.2-0.01-0.040.41-0.130.12-0.43
0.250.69-0.220.7-0.390.550.11-0.64-0.03-0.260.42-0.24-0.260.080.130.350.10.65-0.020.69-0.120.70.010.62-0.76
0.43-0.060.56-0.120.81-0.11-0.45-0.640.640.680.180.680.680.60.530.350.010.010.63-0.130.47-0.690.58-0.160.76
0.760.290.780.30.680.35-0.13-0.030.640.40.790.840.40.770.750.580.290.640.620.130.67-0.320.840.310.04
0.660.510.10.470.840.46-0.19-0.260.680.40.30.561.00.780.790.760.40.320.920.490.330.010.540.420.53
0.90.60.60.640.530.760.050.420.180.790.30.610.30.770.80.720.650.920.620.460.640.210.710.75-0.46
0.690.220.580.260.790.350.02-0.240.680.840.560.610.560.790.730.50.410.460.680.110.8-0.260.790.250.19
0.660.510.10.470.840.46-0.19-0.260.680.41.00.30.560.780.790.760.40.320.920.490.330.010.540.420.53
0.950.650.450.640.860.69-0.170.080.60.770.780.770.790.780.960.880.570.730.950.560.70.060.810.650.12
0.950.710.40.70.830.75-0.120.130.530.750.790.80.730.790.960.910.60.780.940.620.60.140.770.720.06
0.90.870.20.860.630.77-0.10.350.350.580.760.720.50.760.880.910.470.820.90.810.330.30.660.8-0.02
0.670.380.270.420.580.770.190.10.010.290.40.650.410.40.570.60.470.50.550.320.60.460.430.73-0.37
0.850.830.310.860.350.840.130.650.010.640.320.920.460.320.730.780.820.50.610.720.410.430.60.85-0.5
0.890.660.30.630.880.66-0.2-0.020.630.620.920.620.680.920.950.940.90.550.610.60.540.070.720.630.27
0.590.98-0.290.950.190.79-0.010.69-0.130.130.490.460.110.490.560.620.810.320.720.60.040.70.30.82-0.24
0.650.140.620.170.710.42-0.04-0.120.470.670.330.640.80.330.70.60.330.60.410.540.04-0.130.740.32-0.04
0.160.64-0.530.68-0.220.690.410.7-0.69-0.320.010.21-0.260.010.060.140.30.460.430.070.7-0.13-0.120.71-0.63
0.780.420.60.420.730.5-0.130.010.580.840.540.710.790.540.810.770.660.430.60.720.30.74-0.120.450.06
0.780.860.00.880.360.980.120.62-0.160.310.420.750.250.420.650.720.80.730.850.630.820.320.710.45-0.49
-0.12-0.28-0.01-0.360.41-0.46-0.43-0.760.760.040.53-0.460.190.530.120.06-0.02-0.37-0.50.27-0.24-0.04-0.630.06-0.49
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Hangzhou Gaoxin Account Relationship Matchups

Hangzhou Gaoxin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets813.6M402.9M411.4M333.9M341.2M615.5M
Short Long Term Debt Total348.6M200.3M140.2M155.2M225.4M189.3M
Other Current Liab703.2K142.4K15.1K310.1K5.7M5.6M
Total Current Liabilities406.5M244.8M267.2M265.2M249.0M257.6M
Total Stockholder Equity256.1M66.7M83.1M68.6M92.3M87.7M
Property Plant And Equipment Net230.1M189.5M165.4M140.6M135.5M152.1M
Current Deferred Revenue12.5M13.1M95.4M90.3M47.7K45.3K
Net Debt235.9M199.3M116.9M138.4M221.0M232.0M
Retained Earnings(93.8M)(283.2M)(268.4M)(290.0M)(266.4M)(253.0M)
Accounts Payable44.8M31.3M31.6M19.5M17.8M16.9M
Cash112.7M995.6K23.2M16.8M4.4M4.2M
Non Current Assets Total354.7M222.7M197.8M167.8M159.5M241.8M
Non Currrent Assets Other2.3M2.1M2.1M2.5M225.9K214.6K
Cash And Short Term Investments112.7M995.6K23.2M16.8M4.4M4.2M
Net Receivables258.2M150.0M169.8M124.7M156.0M165.3M
Liabilities And Stockholders Equity813.6M402.9M411.4M333.9M341.2M615.5M
Inventory82.2M29.0M19.7M24.1M20.0M19.0M
Other Current Assets5.8M98.7K924.5K465.7K1.4M2.6M
Total Liab527.9M338.6M328.3M265.2M249.0M320.5M
Total Current Assets458.9M180.1M213.6M166.1M181.8M271.8M
Short Term Debt348.6M200.3M140.2M155.2M225.4M180.6M
Intangible Assets31.9M31.1M30.3M24.6M24.0M27.4M
Other Assets11.1M7.7M1.02.1M0.90.86
Property Plant Equipment230.1M189.5M165.4M140.6M161.7M188.6M
Net Tangible Assets224.1M35.6M52.7M44.0M39.6M37.6M
Short Long Term Debt348.6M200.3M140.2M155.2M215.2M224.5M
Net Invested Capital604.6M267.0M223.3M223.8M307.5M384.8M
Net Working Capital52.4M(64.7M)(53.6M)(99.1M)(67.2M)(63.8M)

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Other Information on Investing in Hangzhou Stock

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