Zhejiang Operating Income vs Total Revenue 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 Operating Income and its Total Revenue 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.

Operating Income vs Total Revenue

Operating Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang HISUN Bioma Operating Income account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhejiang HISUN's Operating Income and Total Revenue is -0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue 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 Operating Income 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 Operating Income of Zhejiang HISUN Biomaterials 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 Operating Income i.e., Zhejiang HISUN's Operating Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from Zhejiang HISUN Bioma operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Zhejiang HISUN Biomaterials is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Revenue

Total revenue comprises all receipts Zhejiang HISUN Bioma 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 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
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-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
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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
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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.