Hangzhou Research Development vs Operating Income 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 Research Development and its Operating Income 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Gaoxin Rubber Research Development account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hangzhou Gaoxin's Research Development and Operating Income is -0.29. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income 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 Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Hangzhou Gaoxin Rubber are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Hangzhou Gaoxin's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Research Development

Operating Income

Operating Income is the amount of profit realized from Hangzhou Gaoxin Rubber operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hangzhou Gaoxin Rubber is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Profit	35.6M	27.6M	23.2M	22.0M
Research Development	22.0M	19.6M	23.9M	25.5M

Gross Profit Research Development

Hangzhou Gaoxin 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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets	Property Plant Equipment	Net Tangible Assets
Total Assets		0.7	0.49	0.71	0.77	0.79	-0.1	0.25	0.43	0.76	0.66	0.9	0.69	0.66	0.95	0.95	0.9	0.67	0.85	0.89	0.59	0.65	0.16	0.78	0.78	-0.12
Short Long Term Debt Total	0.7		-0.12	0.98	0.27	0.83	-0.01	0.69	-0.06	0.29	0.51	0.6	0.22	0.51	0.65	0.71	0.87	0.38	0.83	0.66	0.98	0.14	0.64	0.42	0.86	-0.28
Other Current Liab	0.49	-0.12		-0.14	0.54	0.0	-0.28	-0.22	0.56	0.78	0.1	0.6	0.58	0.1	0.45	0.4	0.2	0.27	0.31	0.3	-0.29	0.62	-0.53	0.6	0.0	-0.01
Total Current Liabilities	0.71	0.98	-0.14		0.24	0.87	0.18	0.7	-0.12	0.3	0.47	0.64	0.26	0.47	0.64	0.7	0.86	0.42	0.86	0.63	0.95	0.17	0.68	0.42	0.88	-0.36
Total Stockholder Equity	0.77	0.27	0.54	0.24		0.42	-0.25	-0.39	0.81	0.68	0.84	0.53	0.79	0.84	0.86	0.83	0.63	0.58	0.35	0.88	0.19	0.71	-0.22	0.73	0.36	0.41
Property Plant And Equipment Net	0.79	0.83	0.0	0.87	0.42		0.2	0.55	-0.11	0.35	0.46	0.76	0.35	0.46	0.69	0.75	0.77	0.77	0.84	0.66	0.79	0.42	0.69	0.5	0.98	-0.46
Current Deferred Revenue	-0.1	-0.01	-0.28	0.18	-0.25	0.2		0.11	-0.45	-0.13	-0.19	0.05	0.02	-0.19	-0.17	-0.12	-0.1	0.19	0.13	-0.2	-0.01	-0.04	0.41	-0.13	0.12	-0.43
Net Debt	0.25	0.69	-0.22	0.7	-0.39	0.55	0.11		-0.64	-0.03	-0.26	0.42	-0.24	-0.26	0.08	0.13	0.35	0.1	0.65	-0.02	0.69	-0.12	0.7	0.01	0.62	-0.76
Retained Earnings	0.43	-0.06	0.56	-0.12	0.81	-0.11	-0.45	-0.64		0.64	0.68	0.18	0.68	0.68	0.6	0.53	0.35	0.01	0.01	0.63	-0.13	0.47	-0.69	0.58	-0.16	0.76
Accounts Payable	0.76	0.29	0.78	0.3	0.68	0.35	-0.13	-0.03	0.64		0.4	0.79	0.84	0.4	0.77	0.75	0.58	0.29	0.64	0.62	0.13	0.67	-0.32	0.84	0.31	0.04
Cash	0.66	0.51	0.1	0.47	0.84	0.46	-0.19	-0.26	0.68	0.4		0.3	0.56	1.0	0.78	0.79	0.76	0.4	0.32	0.92	0.49	0.33	0.01	0.54	0.42	0.53
Non Current Assets Total	0.9	0.6	0.6	0.64	0.53	0.76	0.05	0.42	0.18	0.79	0.3		0.61	0.3	0.77	0.8	0.72	0.65	0.92	0.62	0.46	0.64	0.21	0.71	0.75	-0.46
Non Currrent Assets Other	0.69	0.22	0.58	0.26	0.79	0.35	0.02	-0.24	0.68	0.84	0.56	0.61		0.56	0.79	0.73	0.5	0.41	0.46	0.68	0.11	0.8	-0.26	0.79	0.25	0.19
Cash And Short Term Investments	0.66	0.51	0.1	0.47	0.84	0.46	-0.19	-0.26	0.68	0.4	1.0	0.3	0.56		0.78	0.79	0.76	0.4	0.32	0.92	0.49	0.33	0.01	0.54	0.42	0.53
Net Receivables	0.95	0.65	0.45	0.64	0.86	0.69	-0.17	0.08	0.6	0.77	0.78	0.77	0.79	0.78		0.96	0.88	0.57	0.73	0.95	0.56	0.7	0.06	0.81	0.65	0.12
Inventory	0.95	0.71	0.4	0.7	0.83	0.75	-0.12	0.13	0.53	0.75	0.79	0.8	0.73	0.79	0.96		0.91	0.6	0.78	0.94	0.62	0.6	0.14	0.77	0.72	0.06
Other Current Assets	0.9	0.87	0.2	0.86	0.63	0.77	-0.1	0.35	0.35	0.58	0.76	0.72	0.5	0.76	0.88	0.91		0.47	0.82	0.9	0.81	0.33	0.3	0.66	0.8	-0.02
Other Stockholder Equity	0.67	0.38	0.27	0.42	0.58	0.77	0.19	0.1	0.01	0.29	0.4	0.65	0.41	0.4	0.57	0.6	0.47		0.5	0.55	0.32	0.6	0.46	0.43	0.73	-0.37
Total Liab	0.85	0.83	0.31	0.86	0.35	0.84	0.13	0.65	0.01	0.64	0.32	0.92	0.46	0.32	0.73	0.78	0.82	0.5		0.61	0.72	0.41	0.43	0.6	0.85	-0.5
Total Current Assets	0.89	0.66	0.3	0.63	0.88	0.66	-0.2	-0.02	0.63	0.62	0.92	0.62	0.68	0.92	0.95	0.94	0.9	0.55	0.61		0.6	0.54	0.07	0.72	0.63	0.27
Short Term Debt	0.59	0.98	-0.29	0.95	0.19	0.79	-0.01	0.69	-0.13	0.13	0.49	0.46	0.11	0.49	0.56	0.62	0.81	0.32	0.72	0.6		0.04	0.7	0.3	0.82	-0.24
Intangible Assets	0.65	0.14	0.62	0.17	0.71	0.42	-0.04	-0.12	0.47	0.67	0.33	0.64	0.8	0.33	0.7	0.6	0.33	0.6	0.41	0.54	0.04		-0.13	0.74	0.32	-0.04
Common Stock	0.16	0.64	-0.53	0.68	-0.22	0.69	0.41	0.7	-0.69	-0.32	0.01	0.21	-0.26	0.01	0.06	0.14	0.3	0.46	0.43	0.07	0.7	-0.13		-0.12	0.71	-0.63
Other Assets	0.78	0.42	0.6	0.42	0.73	0.5	-0.13	0.01	0.58	0.84	0.54	0.71	0.79	0.54	0.81	0.77	0.66	0.43	0.6	0.72	0.3	0.74	-0.12		0.45	0.06
Property Plant Equipment	0.78	0.86	0.0	0.88	0.36	0.98	0.12	0.62	-0.16	0.31	0.42	0.75	0.25	0.42	0.65	0.72	0.8	0.73	0.85	0.63	0.82	0.32	0.71	0.45		-0.49
Net Tangible Assets	-0.12	-0.28	-0.01	-0.36	0.41	-0.46	-0.43	-0.76	0.76	0.04	0.53	-0.46	0.19	0.53	0.12	0.06	-0.02	-0.37	-0.5	0.27	-0.24	-0.04	-0.63	0.06	-0.49

Click cells to compare fundamentals

Hangzhou Gaoxin Account Relationship Matchups

Hangzhou Gaoxin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	813.6M	402.9M	411.4M	333.9M	341.2M	615.5M
Short Long Term Debt Total	348.6M	200.3M	140.2M	155.2M	225.4M	189.3M
Other Current Liab	703.2K	142.4K	15.1K	310.1K	5.7M	5.6M
Total Current Liabilities	406.5M	244.8M	267.2M	265.2M	249.0M	257.6M
Total Stockholder Equity	256.1M	66.7M	83.1M	68.6M	92.3M	87.7M
Property Plant And Equipment Net	230.1M	189.5M	165.4M	140.6M	135.5M	152.1M
Current Deferred Revenue	12.5M	13.1M	95.4M	90.3M	47.7K	45.3K
Net Debt	235.9M	199.3M	116.9M	138.4M	221.0M	232.0M
Retained Earnings	(93.8M)	(283.2M)	(268.4M)	(290.0M)	(266.4M)	(253.0M)
Accounts Payable	44.8M	31.3M	31.6M	19.5M	17.8M	16.9M
Cash	112.7M	995.6K	23.2M	16.8M	4.4M	4.2M
Non Current Assets Total	354.7M	222.7M	197.8M	167.8M	159.5M	241.8M
Non Currrent Assets Other	2.3M	2.1M	2.1M	2.5M	225.9K	214.6K
Cash And Short Term Investments	112.7M	995.6K	23.2M	16.8M	4.4M	4.2M
Net Receivables	258.2M	150.0M	169.8M	124.7M	156.0M	165.3M
Liabilities And Stockholders Equity	813.6M	402.9M	411.4M	333.9M	341.2M	615.5M
Inventory	82.2M	29.0M	19.7M	24.1M	20.0M	19.0M
Other Current Assets	5.8M	98.7K	924.5K	465.7K	1.4M	2.6M
Total Liab	527.9M	338.6M	328.3M	265.2M	249.0M	320.5M
Total Current Assets	458.9M	180.1M	213.6M	166.1M	181.8M	271.8M
Short Term Debt	348.6M	200.3M	140.2M	155.2M	225.4M	180.6M
Intangible Assets	31.9M	31.1M	30.3M	24.6M	24.0M	27.4M
Other Assets	11.1M	7.7M	1.0	2.1M	0.9	0.86
Property Plant Equipment	230.1M	189.5M	165.4M	140.6M	161.7M	188.6M
Net Tangible Assets	224.1M	35.6M	52.7M	44.0M	39.6M	37.6M
Short Long Term Debt	348.6M	200.3M	140.2M	155.2M	215.2M	224.5M
Net Invested Capital	604.6M	267.0M	223.3M	223.8M	307.5M	384.8M
Net Working Capital	52.4M	(64.7M)	(53.6M)	(99.1M)	(67.2M)	(63.8M)

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hangzhou Research Development vs Operating Income Analysis

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

Correlation Coefficient

Research Development

Operating Income

Hangzhou Gaoxin fundamental ratios Correlations

Hangzhou Gaoxin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hangzhou Gaoxin fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Hangzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.98	Short Long Term Debt Total
Short Term Debt	+ 0.98	Short Long Term Debt Total
Property Plant Equipment	+ 0.98	Property Plant And Equipment Net
Inventory	+ 0.96	Net Receivables
Net Receivables	+ 0.95	Total Assets

Net Tangible Assets	- 0.76	Net Debt
Common Stock	- 0.69	Retained Earnings
Retained Earnings	- 0.64	Net Debt
Net Tangible Assets	- 0.63	Common Stock
Common Stock	- 0.53	Other Current Liab
Net Tangible Assets	- 0.5	Total Liab