Datang Other Operating Expenses vs Total Revenue Analysis
600744 Stock | 3.35 0.07 2.05% |
Datang HuaYin financial indicator trend analysis is much more than just examining Datang HuaYin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datang HuaYin Electric is a good investment. Please check the relationship between Datang HuaYin Other Operating Expenses and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang HuaYin Electric. 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.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Other Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Datang HuaYin's Other Operating Expenses and Total Revenue is -0.07. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Datang HuaYin Electric, assuming nothing else is changed. The correlation between historical values of Datang HuaYin's Other Operating Expenses 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 Other Operating Expenses of Datang HuaYin Electric 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 Other Operating Expenses i.e., Datang HuaYin's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Datang HuaYin Electric. It is also known as Datang HuaYin overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Revenue
Total revenue comprises all receipts Datang HuaYin Electric 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 Datang HuaYin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datang HuaYin Electric 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 Datang HuaYin Electric. 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. The current year's Tax Provision is expected to grow to about 39.7 M, whereas Selling General Administrative is forecasted to decline to about 17 M.
Datang HuaYin fundamental ratios Correlations
Click cells to compare fundamentals
Datang HuaYin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Datang HuaYin fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.4B | 18.1B | 19.8B | 21.5B | 24.1B | 15.7B | |
Other Current Liab | 2.2B | 2.6B | 1.9B | 507.4M | 190.7M | 181.1M | |
Total Current Liabilities | 11.0B | 8.2B | 11.6B | 9.3B | 9.6B | 5.7B | |
Total Stockholder Equity | 3.1B | 3.0B | 532.9M | 1.4B | 1.7B | 1.9B | |
Other Liab | 402.7M | 433.1M | 1.7B | 267.2M | 307.2M | 424.2M | |
Retained Earnings | (3.6B) | (3.6B) | (5.9B) | (5.9B) | (6.1B) | (5.8B) | |
Accounts Payable | 1.5B | 734.0M | 1.8B | 1.7B | 1.8B | 1.2B | |
Cash | 892.7M | 1.4B | 1.0B | 2.0B | 730.6M | 713.9M | |
Other Assets | 401.2M | 475.6M | 345.7M | 341.9M | 393.2M | 354.6M | |
Long Term Debt | 5.1B | 5.2B | 6.1B | 9.7B | 12.2B | 6.6B | |
Net Receivables | 3.1B | 1.8B | 2.4B | 1.3B | 1.8B | 1.9B | |
Inventory | 889.1M | 565.1M | 1.1B | 542.3M | 578.6M | 715.8M | |
Other Current Assets | 255.8M | 356.9M | 612.8M | 291.0M | 556.7M | 351.5M | |
Total Liab | 16.4B | 15.1B | 19.2B | 20.0B | 22.2B | 12.9B | |
Intangible Assets | 817.5M | 817.8M | 973.8M | 822.3M | 757.2M | 617.1M | |
Property Plant Equipment | 11.8B | 11.8B | 11.1B | 11.8B | 13.6B | 9.6B | |
Net Tangible Assets | 2.2B | 2.3B | 2.2B | (432.4M) | (389.2M) | (369.7M) | |
Deferred Long Term Liab | 29.1M | 74.0M | 123.4M | 100.0M | 115.0M | 59.0M | |
Short Long Term Debt | 5.1B | 3.7B | 5.3B | 3.3B | 3.8B | 3.6B | |
Total Current Assets | 5.1B | 4.6B | 5.9B | 5.9B | 4.5B | 5.1B | |
Non Current Assets Total | 14.2B | 13.4B | 14.0B | 15.5B | 19.6B | 16.6B | |
Non Currrent Assets Other | 392.7M | 211.9M | 234.0M | 775.8M | 2.5B | 2.6B | |
Non Current Liabilities Total | 5.5B | 6.9B | 7.6B | 10.7B | 12.6B | 9.4B | |
Non Current Liabilities Other | 39.5M | 14.6M | 33.6M | 24.7M | 6.5M | 6.1M | |
Net Debt | 8.4B | 7.5B | 10.4B | 11.0B | 15.3B | 10.8B | |
Net Invested Capital | 12.4B | 11.9B | 12.0B | 14.4B | 17.8B | 14.3B | |
Net Working Capital | (5.9B) | (3.6B) | (5.7B) | (3.3B) | (5.1B) | (5.4B) |
Currently Active Assets on Macroaxis
Other Information on Investing in Datang Stock
Balance Sheet is a snapshot of the financial position of Datang HuaYin Electric at a specified time, usually calculated after every quarter, six months, or one year. Datang HuaYin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Datang HuaYin 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 Datang currently owns. An asset can also be divided into two categories, current and non-current.