600325 Stock | | | 6.46 0.23 3.44% |
Huafa Industrial financial indicator trend analysis is much more than just examining Huafa Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huafa Industrial is a good investment. Please check the relationship between Huafa Industrial Total Current Assets and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Huafa 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 Current Assets vs Total Revenue
Total Current Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huafa Industrial Total Current Assets account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Huafa Industrial's Total Current Assets and Total Revenue is 0.94. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Huafa Industrial Co, assuming nothing else is changed. The correlation between historical values of Huafa Industrial's Total Current Assets and Total Revenue 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 Current Assets of Huafa Industrial Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Huafa Industrial's Total Current Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Revenue
Total revenue comprises all receipts Huafa 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.
Most indicators from Huafa Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huafa 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 Huafa 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 23, 2024,
Selling General Administrative is expected to decline to about 1.7
B. In addition to that,
Tax Provision is expected to decline to about 1.5
B | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 6.7B | 5.6B | 6.5B | 6.8B | Total Revenue | 51.2B | 59.2B | 72.1B | 75.8B |
Huafa Industrial fundamental ratios Correlations
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Huafa Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huafa Industrial fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Huafa Stock
Balance Sheet is a snapshot of the
financial position of Huafa Industrial at a specified time, usually calculated after every quarter, six months, or one year. Huafa Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huafa 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 Huafa currently owns. An asset can also be divided into two categories, current and non-current.