Hang Total Revenue vs Net Interest Income Analysis

600477 Stock

2.78 0.03 1.09%

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 Total Revenue and its Net Interest Income 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.

Total Revenue vs Net Interest Income

Total Revenue vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hang Xiao Steel Total Revenue account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Hang Xiao's Total Revenue and Net Interest Income is -0.57. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Interest Income 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 Total Revenue and Net 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 Hang Xiao Steel are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Revenue i.e., Hang Xiao's Total Revenue and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Revenue

Total revenue comprises all receipts Hang Xiao Steel 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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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 30, 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

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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

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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.

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Hang Total Revenue vs Net Interest Income Analysis

Total Revenue vs Net Interest Income

Total Revenue vs Net Interest Income Correlation Analysis

Correlation Coefficient

Total Revenue

Net Interest Income

Hang Xiao fundamental ratios Correlations

Hang Xiao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hang Xiao fundamental ratios Accounts

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Other Information on Investing in Hang Stock

COMMON DESTINATIONS

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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