Hang Research Development vs Cost Of Revenue Analysis

600477 Stock

2.70 0.03 1.10%

Hang Xiao financial indicator trend analysis is much more than just examining Hang Xiao Steel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hang Xiao Steel is a good investment. Please check the relationship between Hang Xiao Research Development and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hang Xiao Steel. 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 Cost Of Revenue

Research Development vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hang Xiao Steel Research Development account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hang Xiao's Research Development and Cost Of Revenue is 0.88. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Hang Xiao Steel, assuming nothing else is changed. The correlation between historical values of Hang Xiao's Research Development and Cost Of 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 Research Development of Hang Xiao Steel are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Research Development i.e., Hang Xiao's Research Development and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Research Development

Cost Of Revenue

Cost of Revenue is found on Hang Xiao Steel income statement and represents the costs associated with goods and services Hang Xiao provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Hang Xiao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hang Xiao Steel 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 Hang Xiao Steel. 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 26, 2024, Selling General Administrative is expected to decline to about 238.3 M. In addition to that, Tax Provision is expected to decline to about 14.6 M

	2021	2022	2023	2024 (projected)
Operating Income	482.4M	520.4M	692.0M	376.2M
Total Revenue	9.6B	9.9B	10.8B	11.4B

Operating Income Total Revenue

Hang Xiao fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Long Term Debt	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		-0.15	0.97	0.92	0.84	0.97	0.43	0.89	0.95	-0.43	0.41	0.98	0.95	0.88	0.79	0.83	0.86	-0.71	0.79	0.77	0.85	0.71	0.94	0.83	0.65	0.69
Other Current Liab	-0.15		-0.07	-0.16	-0.47	-0.18	0.3	-0.12	-0.15	0.82	0.3	-0.14	-0.38	-0.06	-0.04	-0.1	-0.42	0.25	-0.19	-0.48	-0.48	-0.08	-0.36	-0.46	0.02	-0.06
Total Current Liabilities	0.97	-0.07		0.81	0.76	0.96	0.46	0.77	0.9	-0.29	0.34	0.99	0.89	0.76	0.79	0.69	0.83	-0.7	0.66	0.76	0.77	0.56	0.87	0.79	0.49	0.54
Total Stockholder Equity	0.92	-0.16	0.81		0.85	0.87	0.4	0.97	0.9	-0.53	0.54	0.81	0.89	0.98	0.75	0.97	0.72	-0.55	0.94	0.64	0.86	0.89	0.92	0.77	0.87	0.89
Other Liab	0.84	-0.47	0.76	0.85		0.82	0.21	0.79	0.78	-0.66	0.36	0.78	0.89	0.79	0.62	0.79	0.78	-0.58	0.75	0.73	0.93	0.64	0.86	0.77	0.62	0.66
Accounts Payable	0.97	-0.18	0.96	0.87	0.82		0.39	0.87	0.88	-0.44	0.46	0.96	0.9	0.83	0.82	0.8	0.84	-0.69	0.77	0.75	0.87	0.67	0.89	0.81	0.56	0.62
Cash	0.43	0.3	0.46	0.4	0.21	0.39		0.3	0.4	0.29	0.24	0.41	0.22	0.41	0.65	0.35	0.11	0.03	0.35	0.08	0.13	0.38	0.24	0.27	0.36	0.42
Other Assets	0.89	-0.12	0.77	0.97	0.79	0.87	0.3		0.84	-0.55	0.61	0.78	0.85	0.97	0.74	0.97	0.7	-0.54	0.95	0.61	0.87	0.92	0.88	0.74	0.84	0.86
Net Receivables	0.95	-0.15	0.9	0.9	0.78	0.88	0.4	0.84		-0.39	0.29	0.92	0.94	0.86	0.65	0.79	0.87	-0.77	0.75	0.72	0.74	0.67	0.94	0.78	0.68	0.69
Inventory	-0.43	0.82	-0.29	-0.53	-0.66	-0.44	0.29	-0.55	-0.39		-0.13	-0.35	-0.64	-0.47	-0.26	-0.52	-0.59	0.42	-0.59	-0.6	-0.77	-0.49	-0.65	-0.63	-0.38	-0.45
Other Current Assets	0.41	0.3	0.34	0.54	0.36	0.46	0.24	0.61	0.29	-0.13		0.3	0.28	0.64	0.56	0.64	0.09	-0.01	0.62	0.12	0.42	0.68	0.33	0.28	0.54	0.62
Total Liab	0.98	-0.14	0.99	0.81	0.78	0.96	0.41	0.78	0.92	-0.35	0.3		0.92	0.76	0.75	0.69	0.88	-0.76	0.66	0.79	0.79	0.55	0.9	0.81	0.49	0.54
Intangible Assets	0.95	-0.38	0.89	0.89	0.89	0.9	0.22	0.85	0.94	-0.64	0.28	0.92		0.83	0.65	0.79	0.94	-0.79	0.78	0.84	0.9	0.66	0.98	0.87	0.61	0.65
Common Stock	0.88	-0.06	0.76	0.98	0.79	0.83	0.41	0.97	0.86	-0.47	0.64	0.76	0.83		0.73	0.97	0.66	-0.52	0.94	0.53	0.81	0.92	0.86	0.7	0.89	0.91
Property Plant Equipment	0.79	-0.04	0.79	0.75	0.62	0.82	0.65	0.74	0.65	-0.26	0.56	0.75	0.65	0.73		0.71	0.51	-0.22	0.79	0.55	0.69	0.75	0.68	0.8	0.55	0.69
Retained Earnings	0.83	-0.1	0.69	0.97	0.79	0.8	0.35	0.97	0.79	-0.52	0.64	0.69	0.79	0.97	0.71		0.61	-0.45	0.95	0.57	0.82	0.92	0.83	0.67	0.91	0.91
Long Term Debt	0.86	-0.42	0.83	0.72	0.78	0.84	0.11	0.7	0.87	-0.59	0.09	0.88	0.94	0.66	0.51	0.61		-0.91	0.6	0.79	0.81	0.46	0.9	0.77	0.43	0.46
Short Term Investments	-0.71	0.25	-0.7	-0.55	-0.58	-0.69	0.03	-0.54	-0.77	0.42	-0.01	-0.76	-0.79	-0.52	-0.22	-0.45	-0.91		-0.35	-0.64	-0.59	-0.23	-0.75	-0.48	-0.3	-0.26
Net Tangible Assets	0.79	-0.19	0.66	0.94	0.75	0.77	0.35	0.95	0.75	-0.59	0.62	0.66	0.78	0.94	0.79	0.95	0.6	-0.35		0.54	0.83	0.98	0.83	0.79	0.87	0.94
Other Stockholder Equity	0.77	-0.48	0.76	0.64	0.73	0.75	0.08	0.61	0.72	-0.6	0.12	0.79	0.84	0.53	0.55	0.57	0.79	-0.64	0.54		0.74	0.4	0.84	0.8	0.37	0.39
Deferred Long Term Liab	0.85	-0.48	0.77	0.86	0.93	0.87	0.13	0.87	0.74	-0.77	0.42	0.79	0.9	0.81	0.69	0.82	0.81	-0.59	0.83	0.74		0.72	0.88	0.82	0.6	0.67
Long Term Investments	0.71	-0.08	0.56	0.89	0.64	0.67	0.38	0.92	0.67	-0.49	0.68	0.55	0.66	0.92	0.75	0.92	0.46	-0.23	0.98	0.4	0.72		0.73	0.69	0.88	0.95
Short Long Term Debt	0.94	-0.36	0.87	0.92	0.86	0.89	0.24	0.88	0.94	-0.65	0.33	0.9	0.98	0.86	0.68	0.83	0.9	-0.75	0.83	0.84	0.88	0.73		0.87	0.71	0.74
Total Current Assets	0.83	-0.46	0.79	0.77	0.77	0.81	0.27	0.74	0.78	-0.63	0.28	0.81	0.87	0.7	0.8	0.67	0.77	-0.48	0.79	0.8	0.82	0.69	0.87		0.5	0.63
Treasury Stock	0.65	0.02	0.49	0.87	0.62	0.56	0.36	0.84	0.68	-0.38	0.54	0.49	0.61	0.89	0.55	0.91	0.43	-0.3	0.87	0.37	0.6	0.88	0.71	0.5		0.95
Short Term Debt	0.69	-0.06	0.54	0.89	0.66	0.62	0.42	0.86	0.69	-0.45	0.62	0.54	0.65	0.91	0.69	0.91	0.46	-0.26	0.94	0.39	0.67	0.95	0.74	0.63	0.95

Click cells to compare fundamentals

Hang Xiao Account Relationship Matchups

Hang Xiao fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.8B	9.0B	11.8B	13.9B	16.4B	17.2B
Other Current Liab	1.7B	691.9M	927.9M	393.0M	443.8M	755.9M
Total Current Liabilities	5.1B	4.6B	6.7B	7.8B	9.3B	9.7B
Total Stockholder Equity	3.5B	4.1B	4.3B	5.1B	5.2B	5.4B
Other Liab	18.5M	20.1M	126.3M	127.5M	146.6M	154.0M
Accounts Payable	2.1B	2.6B	3.3B	3.2B	4.1B	4.3B
Cash	731.0M	594.8M	552.9M	774.3M	767.2M	501.1M
Other Assets	416.9M	439.4M	548.1M	568.1M	653.4M	686.0M
Net Receivables	1.6B	1.1B	1.5B	2.2B	3.0B	3.2B
Inventory	3.5B	662.0M	864.7M	796.0M	711.7M	676.1M
Other Current Assets	401.9M	321.0M	551.7M	130.0M	212.5M	210.5M
Total Liab	5.1B	4.7B	7.1B	8.5B	10.9B	11.4B
Intangible Assets	172.6M	304.3M	429.4M	597.0M	833.0M	874.7M
Property Plant Equipment	1.1B	1.2B	1.2B	1.6B	1.8B	1.0B
Retained Earnings	1.3B	1.8B	2.0B	1.6B	1.8B	1.9B
Net Tangible Assets	3.1B	3.3B	3.8B	3.9B	4.5B	3.2B
Other Stockholder Equity	7.7M	(31.8M)	(12.7M)	50.2M	57.7M	60.6M
Deferred Long Term Liab	4.0M	4.2M	33.9M	31.0M	35.7M	37.5M
Short Long Term Debt	1.0B	1.2B	2.2B	2.9B	3.7B	3.9B
Total Current Assets	6.2B	6.1B	8.3B	9.7B	11.1B	7.7B
Non Current Assets Total	2.5B	2.9B	3.5B	4.2B	5.3B	3.3B
Non Current Liabilities Total	49.1M	126.3M	450.8M	684.6M	1.6B	1.7B
Net Debt	443.3M	606.5M	2.0B	2.6B	4.3B	4.5B
Common Stock Shares Outstanding	2.1B	2.2B	2.2B	2.4B	2.7B	2.4B
Net Invested Capital	4.7B	5.3B	6.8B	8.4B	10.3B	6.8B
Net Working Capital	1.2B	1.5B	1.6B	1.9B	1.8B	1.6B

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

Other Information on Investing in Hang Stock

Balance Sheet is a snapshot of the financial position of Hang Xiao Steel at a specified time, usually calculated after every quarter, six months, or one year. Hang Xiao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hang Xiao 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 Hang 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

Hang Research Development vs Cost Of Revenue Analysis

Research Development vs Cost Of Revenue

Research Development vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Research Development

Cost Of Revenue

Hang Xiao fundamental ratios Correlations

Hang Xiao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hang Xiao fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Hang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.98	Total Assets
Common Stock	+ 0.98	Total Stockholder Equity
Short Long Term Debt	+ 0.98	Intangible Assets
Long Term Investments	+ 0.98	Net Tangible Assets
Total Current Liabilities	+ 0.97	Total Assets

Short Term Investments	- 0.91	Long Term Debt
Short Term Investments	- 0.79	Intangible Assets
Deferred Long Term Liab	- 0.77	Inventory
Short Term Investments	- 0.77	Net Receivables
Short Term Investments	- 0.76	Total Liab
Short Long Term Debt	- 0.75	Short Term Investments