Qinghaihuading Total Revenue vs Interest Income Analysis

600243 Stock   4.45  0.06  1.37%   
Qinghaihuading Industrial financial indicator trend analysis is much more than just breaking down Qinghaihuading Industrial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qinghaihuading Industrial is a good investment. Please check the relationship between Qinghaihuading Industrial Total Revenue and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qinghaihuading Industrial Co. 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.

Total Revenue vs Interest Income

Total Revenue vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qinghaihuading Industrial Total Revenue account and Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Qinghaihuading Industrial's Total Revenue and Interest Income is 0.16. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Income in the same time period over historical financial statements of Qinghaihuading Industrial Co, assuming nothing else is changed. The correlation between historical values of Qinghaihuading Industrial's Total Revenue and Interest 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 Total Revenue of Qinghaihuading Industrial Co are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Revenue i.e., Qinghaihuading Industrial's Total Revenue and Interest Income go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Qinghaihuading Industrial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Qinghaihuading Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qinghaihuading Industrial 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 Qinghaihuading Industrial Co. 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 23.3 M. In addition to that, Tax Provision is expected to decline to about 10.2 M
 2021 2022 2023 2024 (projected)
Gross Profit97.9M46.8M22.1M21.0M
Research Development15.3M14.6M14.8M22.9M

Qinghaihuading Industrial fundamental ratios Correlations

0.510.880.810.780.890.43-0.030.830.830.780.770.620.240.890.550.130.48-0.450.50.41-0.230.530.430.180.53
0.510.690.240.60.580.13-0.170.540.340.610.70.24-0.070.40.530.430.35-0.420.320.5-0.320.20.4-0.30.64
0.880.690.510.910.860.39-0.250.860.630.830.960.49-0.020.880.720.440.45-0.630.620.64-0.430.360.62-0.180.69
0.810.240.510.350.570.310.240.630.80.440.30.690.650.540.2-0.430.4-0.090.150.020.210.730.00.570.18
0.780.60.910.350.830.36-0.360.790.580.830.960.26-0.210.90.790.660.44-0.70.740.73-0.580.230.73-0.30.69
0.890.580.860.570.830.14-0.030.810.810.690.830.440.070.930.520.360.57-0.410.460.41-0.20.470.420.110.52
0.430.130.390.310.360.14-0.270.18-0.050.610.360.160.050.30.280.10.09-0.320.30.3-0.44-0.290.36-0.380.18
-0.03-0.17-0.250.24-0.36-0.03-0.27-0.40.1-0.38-0.350.320.68-0.14-0.71-0.520.50.73-0.76-0.740.690.05-0.820.57-0.6
0.830.540.860.630.790.810.18-0.40.770.710.780.480.040.80.740.240.27-0.60.680.6-0.290.680.610.090.67
0.830.340.630.80.580.81-0.050.10.770.460.510.490.310.760.42-0.040.43-0.320.390.230.040.830.240.560.4
0.780.610.830.440.830.690.61-0.380.710.460.840.43-0.120.70.740.480.31-0.710.690.7-0.540.140.7-0.310.65
0.770.70.960.30.960.830.36-0.350.780.510.840.3-0.220.860.780.670.43-0.70.690.73-0.570.180.72-0.370.72
0.620.240.490.690.260.440.160.320.480.490.430.30.50.380.09-0.320.33-0.020.03-0.020.130.48-0.050.370.13
0.24-0.07-0.020.65-0.210.070.050.680.040.31-0.12-0.220.50.01-0.5-0.720.580.54-0.58-0.610.740.43-0.680.69-0.53
0.890.40.880.540.90.930.3-0.140.80.760.70.860.380.010.590.420.53-0.520.590.49-0.350.40.530.030.52
0.550.530.720.20.790.520.28-0.710.740.420.740.780.09-0.50.590.61-0.11-0.920.960.97-0.710.260.95-0.420.93
0.130.430.44-0.430.660.360.1-0.520.24-0.040.480.67-0.32-0.720.420.610.11-0.60.60.68-0.71-0.360.7-0.720.54
0.480.350.450.40.440.570.090.50.270.430.310.430.330.580.53-0.110.110.17-0.22-0.20.310.18-0.260.23-0.21
-0.45-0.42-0.63-0.09-0.7-0.41-0.320.73-0.6-0.32-0.71-0.7-0.020.54-0.52-0.92-0.60.17-0.91-0.930.77-0.15-0.930.42-0.85
0.50.320.620.150.740.460.3-0.760.680.390.690.690.03-0.580.590.960.6-0.22-0.910.93-0.750.210.97-0.380.86
0.410.50.640.020.730.410.3-0.740.60.230.70.73-0.02-0.610.490.970.68-0.2-0.930.93-0.780.060.96-0.590.92
-0.23-0.32-0.430.21-0.58-0.2-0.440.69-0.290.04-0.54-0.570.130.74-0.35-0.71-0.710.310.77-0.75-0.780.27-0.850.67-0.7
0.530.20.360.730.230.47-0.290.050.680.830.140.180.480.430.40.26-0.360.18-0.150.210.060.270.040.710.26
0.430.40.620.00.730.420.36-0.820.610.240.70.72-0.05-0.680.530.950.7-0.26-0.930.970.96-0.850.04-0.550.88
0.18-0.3-0.180.57-0.30.11-0.380.570.090.56-0.31-0.370.370.690.03-0.42-0.720.230.42-0.38-0.590.670.71-0.55-0.4
0.530.640.690.180.690.520.18-0.60.670.40.650.720.13-0.530.520.930.54-0.21-0.850.860.92-0.70.260.88-0.4
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Qinghaihuading Industrial Account Relationship Matchups

Qinghaihuading Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.7B1.9B1.4B1.1B1.8B
Other Current Liab159.9M87.3M238.9M95.6M9.9M9.4M
Total Current Liabilities777.6M439.8M713.5M429.1M341.7M324.6M
Total Stockholder Equity1.1B1.2B1.0B892.8M728.8M925.2M
Other Liab61.8M48.6M27.6M18.4M21.2M20.1M
Accounts Payable271.0M178.3M228.8M130.1M144.5M221.2M
Cash61.6M131.8M62.0M240.5M252.3M213.6M
Other Assets125.5M244.1M232.5M161.2M185.3M194.6M
Net Receivables609.8M75.6M237.1M116.8M95.1M90.4M
Inventory485.5M437.9M419.1M275.7M252.8M444.4M
Other Current Assets34.3M28.4M25.0M13.9M8.6M8.1M
Total Liab849.5M503.7M760.2M465.6M356.5M338.7M
Intangible Assets90.7M78.9M91.8M46.6M45.3M55.9M
Property Plant Equipment544.0M392.3M364.4M310.3M356.8M486.0M
Retained Earnings(559.8M)(532.3M)(644.1M)(796.8M)(997.3M)(947.5M)
Long Term Debt10.0M15.0M4M15.5M3.9M3.7M
Net Tangible Assets1.0B1.1B752.7M846.2M761.6M1.0B
Deferred Long Term Liab11.3M12.4M10.8M6.0M5.4M5.1M
Short Long Term Debt294.2M155.0M202.5M150.9M103.7M98.5M
Total Current Assets1.2B929.5M913.6M835.4M688.4M1.1B
Non Current Assets Total765.0M729.1M928.1M538.1M397.3M630.5M
Non Currrent Assets Other37.8M203.2M188.9M130.2M81.9M105.7M
Non Current Liabilities Total71.9M63.9M40.0M36.4M14.8M14.1M
Net Debt287.0M242.1M38.3M144.6M130.1M174.1M
Other Stockholder Equity(1.8M)(1.5M)6.3M6.2M7.2M7.5M
Net Invested Capital1.4B1.3B1.3B1.1B836.4M1.2B
Net Working Capital413.5M489.7M203.4M406.3M346.7M407.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Qinghaihuading Stock

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