Datang Research Development vs Ebit 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 Research Development and its Ebit 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.

Research Development vs Ebit

Research Development vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Research Development account and Ebit. At this time, the significance of the direction appears to have pay attention.
The correlation between Datang HuaYin's Research Development and Ebit is -0.82. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Ebit 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 Research Development and Ebit 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 Datang HuaYin Electric are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Research Development i.e., Datang HuaYin's Research Development and Ebit go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Research Development

Ebit

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

0.210.790.020.19-0.750.520.390.840.80.31-0.090.460.330.980.660.750.950.3-0.440.50.610.420.30.440.17
0.210.330.370.480.15-0.230.080.36-0.180.550.530.47-0.040.150.530.330.29-0.550.390.10.010.180.02-0.09-0.71
0.790.33-0.20.11-0.750.560.520.740.380.310.020.430.340.830.40.680.690.14-0.540.690.720.80.590.65-0.15
0.020.37-0.20.240.37-0.63-0.210.36-0.160.050.140.04-0.48-0.180.40.430.16-0.170.47-0.230.06-0.21-0.47-0.22-0.21
0.190.480.110.240.03-0.020.160.19-0.02-0.060.130.060.270.130.120.110.31-0.160.270.230.03-0.01-0.130.05-0.34
-0.750.15-0.750.370.03-0.51-0.56-0.63-0.59-0.020.52-0.2-0.44-0.8-0.22-0.57-0.59-0.550.89-0.71-0.77-0.68-0.67-0.81-0.25
0.52-0.230.56-0.63-0.02-0.510.110.210.540.21-0.020.380.520.630.06-0.030.510.16-0.320.170.140.250.250.190.21
0.390.080.52-0.210.16-0.560.110.270.13-0.330.0-0.260.070.430.080.420.180.0-0.590.780.470.550.790.65-0.13
0.840.360.740.360.19-0.630.210.270.470.41-0.180.480.130.750.640.850.830.22-0.320.410.690.540.240.51-0.08
0.8-0.180.38-0.16-0.02-0.590.540.130.470.21-0.20.260.350.810.440.370.740.44-0.350.190.34-0.020.040.150.55
0.310.550.310.05-0.06-0.020.21-0.330.410.210.170.68-0.040.30.510.050.39-0.190.29-0.24-0.110.07-0.12-0.17-0.23
-0.090.530.020.140.130.52-0.020.0-0.18-0.20.170.16-0.14-0.080.22-0.04-0.01-0.850.6-0.26-0.39-0.26-0.21-0.57-0.59
0.460.470.430.040.06-0.20.38-0.260.480.260.680.160.150.440.690.220.6-0.230.08-0.20.00.070.02-0.16-0.28
0.33-0.040.34-0.480.27-0.440.520.070.130.35-0.04-0.140.150.42-0.220.070.310.24-0.340.260.220.220.280.220.12
0.980.150.83-0.180.13-0.80.630.430.750.810.3-0.080.440.420.570.660.890.31-0.520.540.60.460.40.480.19
0.660.530.40.40.12-0.220.060.080.640.440.510.220.69-0.220.570.580.73-0.170.040.030.160.04-0.02-0.06-0.15
0.750.330.680.430.11-0.57-0.030.420.850.370.05-0.040.220.070.660.580.670.22-0.420.570.80.560.280.53-0.05
0.950.290.690.160.31-0.590.510.180.830.740.39-0.010.60.310.890.730.670.16-0.210.270.450.250.090.230.06
0.3-0.550.14-0.17-0.16-0.550.160.00.220.44-0.19-0.85-0.230.240.31-0.170.220.16-0.620.410.530.290.120.580.83
-0.440.39-0.540.470.270.89-0.32-0.59-0.32-0.350.290.60.08-0.34-0.520.04-0.42-0.21-0.62-0.72-0.7-0.67-0.77-0.82-0.37
0.50.10.69-0.230.23-0.710.170.780.410.19-0.24-0.26-0.20.260.540.030.570.270.41-0.720.780.810.690.890.09
0.610.010.720.060.03-0.770.140.470.690.34-0.11-0.390.00.220.60.160.80.450.53-0.70.780.770.440.840.12
0.420.180.8-0.21-0.01-0.680.250.550.54-0.020.07-0.260.070.220.460.040.560.250.29-0.670.810.770.70.89-0.13
0.30.020.59-0.47-0.13-0.670.250.790.240.04-0.12-0.210.020.280.4-0.020.280.090.12-0.770.690.440.70.7-0.08
0.44-0.090.65-0.220.05-0.810.190.650.510.15-0.17-0.57-0.160.220.48-0.060.530.230.58-0.820.890.840.890.70.15
0.17-0.71-0.15-0.21-0.34-0.250.21-0.13-0.080.55-0.23-0.59-0.280.120.19-0.15-0.050.060.83-0.370.090.12-0.13-0.080.15
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Datang HuaYin Account Relationship Matchups

Datang HuaYin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.4B18.1B19.8B21.5B24.1B15.7B
Other Current Liab2.2B2.6B1.9B507.4M190.7M181.1M
Total Current Liabilities11.0B8.2B11.6B9.3B9.6B5.7B
Total Stockholder Equity3.1B3.0B532.9M1.4B1.7B1.9B
Other Liab402.7M433.1M1.7B267.2M307.2M424.2M
Retained Earnings(3.6B)(3.6B)(5.9B)(5.9B)(6.1B)(5.8B)
Accounts Payable1.5B734.0M1.8B1.7B1.8B1.2B
Cash892.7M1.4B1.0B2.0B730.6M713.9M
Other Assets401.2M475.6M345.7M341.9M393.2M354.6M
Long Term Debt5.1B5.2B6.1B9.7B12.2B6.6B
Net Receivables3.1B1.8B2.4B1.3B1.8B1.9B
Inventory889.1M565.1M1.1B542.3M578.6M715.8M
Other Current Assets255.8M356.9M612.8M291.0M556.7M351.5M
Total Liab16.4B15.1B19.2B20.0B22.2B12.9B
Intangible Assets817.5M817.8M973.8M822.3M757.2M617.1M
Property Plant Equipment11.8B11.8B11.1B11.8B13.6B9.6B
Net Tangible Assets2.2B2.3B2.2B(432.4M)(389.2M)(369.7M)
Deferred Long Term Liab29.1M74.0M123.4M100.0M115.0M59.0M
Short Long Term Debt5.1B3.7B5.3B3.3B3.8B3.6B
Total Current Assets5.1B4.6B5.9B5.9B4.5B5.1B
Non Current Assets Total14.2B13.4B14.0B15.5B19.6B16.6B
Non Currrent Assets Other392.7M211.9M234.0M775.8M2.5B2.6B
Non Current Liabilities Total5.5B6.9B7.6B10.7B12.6B9.4B
Non Current Liabilities Other39.5M14.6M33.6M24.7M6.5M6.1M
Net Debt8.4B7.5B10.4B11.0B15.3B10.8B
Net Invested Capital12.4B11.9B12.0B14.4B17.8B14.3B
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.