Zhejiang Dividends Paid vs Investments Analysis

688203 Stock   10.49  0.21  2.04%   
Zhejiang HISUN financial indicator trend analysis is more than just analyzing Zhejiang HISUN Bioma current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang HISUN Bioma is a good investment. Please check the relationship between Zhejiang HISUN Dividends Paid and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang HISUN Biomaterials. 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.

Dividends Paid vs Investments

Dividends Paid vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang HISUN Bioma Dividends Paid account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zhejiang HISUN's Dividends Paid and Investments is -0.18. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Investments in the same time period over historical financial statements of Zhejiang HISUN Biomaterials, assuming nothing else is changed. The correlation between historical values of Zhejiang HISUN's Dividends Paid and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Zhejiang HISUN Biomaterials are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Dividends Paid i.e., Zhejiang HISUN's Dividends Paid and Investments go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Zhejiang HISUN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang HISUN Bioma 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 Zhejiang HISUN Biomaterials. 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.
As of November 30, 2024, Tax Provision is expected to decline to about 6.5 M. In addition to that, Selling General Administrative is expected to decline to about 14.3 M
 2021 2022 2023 2024 (projected)
Interest Expense10.8M9.6M7.5M9.6M
Interest Income3.5M10.6M19.9M20.9M

Zhejiang HISUN fundamental ratios Correlations

0.960.80.86-0.110.80.890.840.850.370.9-0.70.730.82-0.26-0.840.880.73-0.380.820.890.640.560.820.560.85
0.960.70.78-0.310.710.820.730.690.270.82-0.50.540.7-0.01-0.720.820.6-0.360.740.810.610.450.70.490.83
0.80.70.68-0.181.00.920.940.920.780.92-0.870.850.99-0.35-0.960.90.48-0.530.990.930.340.910.990.910.81
0.860.780.68-0.040.670.890.820.810.080.91-0.60.710.72-0.25-0.80.90.92-0.380.720.890.90.320.720.310.9
-0.11-0.31-0.18-0.04-0.25-0.26-0.140.15-0.09-0.21-0.310.26-0.05-0.790.12-0.310.330.41-0.28-0.23-0.04-0.13-0.05-0.3-0.41
0.80.711.00.67-0.250.920.930.890.780.92-0.840.810.98-0.28-0.950.90.45-0.541.00.930.320.910.980.920.82
0.890.820.920.89-0.260.920.970.890.471.0-0.740.810.91-0.24-0.961.00.69-0.590.951.00.670.670.910.690.97
0.840.730.940.82-0.140.930.970.90.570.97-0.830.910.93-0.42-1.00.960.65-0.680.950.970.590.750.930.740.9
0.850.690.920.810.150.890.890.90.60.91-0.940.910.96-0.55-0.920.860.75-0.320.890.910.50.760.960.70.75
0.370.270.780.08-0.090.780.470.570.60.47-0.740.590.75-0.36-0.620.43-0.08-0.320.720.5-0.320.970.750.950.29
0.90.820.920.91-0.210.921.00.970.910.47-0.770.820.92-0.27-0.960.990.72-0.550.941.00.670.670.920.680.96
-0.7-0.5-0.87-0.6-0.31-0.84-0.74-0.83-0.94-0.74-0.77-0.94-0.920.740.86-0.7-0.590.32-0.82-0.77-0.27-0.83-0.92-0.75-0.55
0.730.540.850.710.260.810.810.910.910.590.82-0.940.88-0.76-0.920.770.68-0.550.820.820.480.720.880.650.67
0.820.70.990.72-0.050.980.910.930.960.750.92-0.920.88-0.43-0.950.880.57-0.430.970.930.370.881.00.860.78
-0.26-0.01-0.35-0.25-0.79-0.28-0.24-0.42-0.55-0.36-0.270.74-0.76-0.430.44-0.18-0.470.18-0.27-0.26-0.14-0.38-0.43-0.23-0.05
-0.84-0.72-0.96-0.80.12-0.95-0.96-1.0-0.92-0.62-0.960.86-0.92-0.950.44-0.95-0.630.66-0.96-0.97-0.54-0.79-0.95-0.78-0.88
0.880.820.90.9-0.310.91.00.960.860.430.99-0.70.770.88-0.18-0.950.68-0.610.940.990.690.640.880.670.98
0.730.60.480.920.330.450.690.650.75-0.080.72-0.590.680.57-0.47-0.630.68-0.140.490.70.870.140.570.070.67
-0.38-0.36-0.53-0.380.41-0.54-0.59-0.68-0.32-0.32-0.550.32-0.55-0.430.180.66-0.61-0.14-0.58-0.56-0.38-0.42-0.43-0.48-0.63
0.820.740.990.72-0.281.00.950.950.890.720.94-0.820.820.97-0.27-0.960.940.49-0.580.960.40.870.970.880.86
0.890.810.930.89-0.230.931.00.970.910.51.0-0.770.820.93-0.26-0.970.990.7-0.560.960.650.70.930.710.95
0.640.610.340.9-0.040.320.670.590.5-0.320.67-0.270.480.37-0.14-0.540.690.87-0.380.40.65-0.080.37-0.070.76
0.560.450.910.32-0.130.910.670.750.760.970.67-0.830.720.88-0.38-0.790.640.14-0.420.870.7-0.080.880.980.5
0.820.70.990.72-0.050.980.910.930.960.750.92-0.920.881.0-0.43-0.950.880.57-0.430.970.930.370.880.860.78
0.560.490.910.31-0.30.920.690.740.70.950.68-0.750.650.86-0.23-0.780.670.07-0.480.880.71-0.070.980.860.56
0.850.830.810.9-0.410.820.970.90.750.290.96-0.550.670.78-0.05-0.880.980.67-0.630.860.950.760.50.780.56
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Zhejiang HISUN Account Relationship Matchups

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Other Information on Investing in Zhejiang Stock

Balance Sheet is a snapshot of the financial position of Zhejiang HISUN Bioma at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang HISUN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang HISUN 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.