HUANLEJIA Net Income vs Gross Profit Analysis

300997 Stock   17.44  0.05  0.29%   
HUANLEJIA Food financial indicator trend analysis is much more than just examining HUANLEJIA Food Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HUANLEJIA Food Group is a good investment. Please check the relationship between HUANLEJIA Food Net Income and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HUANLEJIA Food Group. 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HUANLEJIA Food Group Net Income account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HUANLEJIA Food's Net Income and Gross Profit is 0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of HUANLEJIA Food Group, assuming nothing else is changed. The correlation between historical values of HUANLEJIA Food's Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of HUANLEJIA Food Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., HUANLEJIA Food's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in HUANLEJIA Food Group financial statement analysis. It represents the amount of money remaining after all of HUANLEJIA Food Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of HUANLEJIA Food Group minus its cost of goods sold. It is profit before HUANLEJIA Food 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.
Most indicators from HUANLEJIA Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HUANLEJIA Food Group 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 HUANLEJIA Food Group. 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 December 11, 2024, Tax Provision is expected to decline to about 80 M. In addition to that, Selling General Administrative is expected to decline to about 194.2 M
 2021 2022 2023 2024 (projected)
Interest Expense413.3K330.5K215.9K205.1K
Interest Income2.8M6.1M7.4M4.4M

HUANLEJIA Food fundamental ratios Correlations

-0.91-0.530.98-0.630.970.820.990.73-0.680.690.96-0.81-0.830.22-0.84-0.550.99-0.81.00.960.97-0.580.92-0.17-0.87
-0.910.81-0.960.55-0.92-0.6-0.92-0.650.55-0.9-0.960.920.630.150.940.81-0.940.93-0.9-0.96-0.970.68-0.83-0.030.74
-0.530.81-0.630.56-0.6-0.22-0.54-0.590.32-0.87-0.670.820.370.570.831.0-0.590.82-0.5-0.67-0.720.79-0.610.070.54
0.98-0.96-0.63-0.570.980.740.990.69-0.650.780.97-0.89-0.750.05-0.9-0.651.0-0.890.980.970.98-0.580.89-0.08-0.83
-0.630.550.56-0.57-0.6-0.67-0.56-0.970.51-0.43-0.630.540.85-0.170.580.58-0.60.44-0.56-0.63-0.690.86-0.870.750.86
0.97-0.92-0.60.98-0.60.740.990.71-0.720.740.92-0.91-0.790.05-0.89-0.620.98-0.890.970.920.96-0.540.9-0.18-0.87
0.82-0.6-0.220.74-0.670.740.770.8-0.340.470.75-0.47-0.760.4-0.43-0.240.77-0.490.80.750.73-0.440.86-0.48-0.72
0.99-0.92-0.540.99-0.560.990.770.67-0.70.70.95-0.85-0.790.16-0.86-0.551.0-0.841.00.950.96-0.520.88-0.09-0.84
0.73-0.65-0.590.69-0.970.710.80.67-0.470.570.72-0.63-0.840.11-0.62-0.610.71-0.580.670.720.77-0.80.94-0.72-0.87
-0.680.550.32-0.650.51-0.72-0.34-0.7-0.47-0.19-0.570.650.82-0.320.750.34-0.680.49-0.68-0.57-0.660.43-0.630.220.84
0.69-0.9-0.870.78-0.430.740.470.70.57-0.190.8-0.85-0.33-0.51-0.78-0.870.74-0.930.680.80.8-0.590.670.05-0.48
0.96-0.96-0.670.97-0.630.920.750.950.72-0.570.8-0.82-0.740.09-0.88-0.690.97-0.830.961.00.99-0.70.9-0.06-0.8
-0.810.920.82-0.890.54-0.91-0.47-0.85-0.630.65-0.85-0.820.610.320.940.83-0.870.98-0.8-0.82-0.880.58-0.770.10.76
-0.830.630.37-0.750.85-0.79-0.76-0.79-0.840.82-0.33-0.740.61-0.460.690.39-0.790.49-0.8-0.74-0.80.67-0.910.560.98
0.220.150.570.05-0.170.050.40.160.11-0.32-0.510.090.32-0.460.160.550.120.40.230.090.050.040.18-0.21-0.27
-0.840.940.83-0.90.58-0.89-0.43-0.86-0.620.75-0.78-0.880.940.690.160.84-0.880.89-0.84-0.88-0.920.72-0.790.020.81
-0.550.811.0-0.650.58-0.62-0.24-0.55-0.610.34-0.87-0.690.830.390.550.84-0.610.82-0.52-0.69-0.730.8-0.630.080.56
0.99-0.94-0.591.0-0.60.980.771.00.71-0.680.740.97-0.87-0.790.12-0.88-0.61-0.860.990.970.98-0.580.91-0.11-0.85
-0.80.930.82-0.890.44-0.89-0.49-0.84-0.580.49-0.93-0.830.980.490.40.890.82-0.86-0.8-0.83-0.870.52-0.730.00.65
1.0-0.9-0.50.98-0.560.970.81.00.67-0.680.680.96-0.8-0.80.23-0.84-0.520.99-0.80.960.96-0.540.89-0.09-0.84
0.96-0.96-0.670.97-0.630.920.750.950.72-0.570.81.0-0.82-0.740.09-0.88-0.690.97-0.830.960.99-0.70.9-0.06-0.8
0.97-0.97-0.720.98-0.690.960.730.960.77-0.660.80.99-0.88-0.80.05-0.92-0.730.98-0.870.960.99-0.730.94-0.15-0.87
-0.580.680.79-0.580.86-0.54-0.44-0.52-0.80.43-0.59-0.70.580.670.040.720.8-0.580.52-0.54-0.7-0.73-0.770.370.73
0.92-0.83-0.610.89-0.870.90.860.880.94-0.630.670.9-0.77-0.910.18-0.79-0.630.91-0.730.890.90.94-0.77-0.48-0.94
-0.17-0.030.07-0.080.75-0.18-0.48-0.09-0.720.220.05-0.060.10.56-0.210.020.08-0.110.0-0.09-0.06-0.150.37-0.480.52
-0.870.740.54-0.830.86-0.87-0.72-0.84-0.870.84-0.48-0.80.760.98-0.270.810.56-0.850.65-0.84-0.8-0.870.73-0.940.52
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HUANLEJIA Food Account Relationship Matchups

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Other Information on Investing in HUANLEJIA Stock

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