Zhejiang Total Revenue vs Total Operating Expenses 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 Total Revenue and its Total Operating Expenses 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.
Total Revenue vs Total Operating Expenses
Total Revenue vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang HISUN Bioma Total Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Zhejiang HISUN's Total Revenue and Total Operating Expenses is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Operating Expenses 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 Total Revenue and Total Operating Expenses 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 Revenue of Zhejiang HISUN Biomaterials are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Revenue i.e., Zhejiang HISUN's Total Revenue and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 Expense | 10.8M | 9.6M | 7.5M | 9.6M | Interest Income | 3.5M | 10.6M | 19.9M | 20.9M |
Zhejiang HISUN fundamental ratios Correlations
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Zhejiang HISUN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.