Hangzhou Total Assets vs Total Revenue Analysis
688109 Stock | 27.92 0.63 2.21% |
Hangzhou Pinming financial indicator trend analysis is much more than just examining Hangzhou Pinming Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Pinming Software is a good investment. Please check the relationship between Hangzhou Pinming Total Assets and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Pinming Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Assets vs Total Revenue
Total Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Pinming Software Total Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hangzhou Pinming's Total Assets and Total Revenue is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Hangzhou Pinming Software, assuming nothing else is changed. The correlation between historical values of Hangzhou Pinming's Total 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 Assets of Hangzhou Pinming Software 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 Assets i.e., Hangzhou Pinming's Total Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Hangzhou Pinming assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hangzhou Pinming Software books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Revenue
Total revenue comprises all receipts Hangzhou Pinming Software 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 Hangzhou Pinming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Pinming Software 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 Hangzhou Pinming Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Tax Provision is expected to grow to about (1.4 M). In addition to that, Selling General Administrative is expected to decline to about 162.7 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 913.8K | 768.3K | 561.0K | 535.2K | Interest Income | 5.1M | 2.6M | 1.8M | 2.2M |
Hangzhou Pinming fundamental ratios Correlations
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Hangzhou Pinming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Hangzhou Stock
Balance Sheet is a snapshot of the financial position of Hangzhou Pinming Software at a specified time, usually calculated after every quarter, six months, or one year. Hangzhou Pinming Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hangzhou Pinming 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 Hangzhou currently owns. An asset can also be divided into two categories, current and non-current.