Hangzhou Net Receivables vs Selling General Administrative Analysis

688616 Stock   11.85  0.07  0.59%   
Hangzhou Xili financial indicator trend analysis is much more than just examining Hangzhou Xili Intelligent latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Xili Intelligent is a good investment. Please check the relationship between Hangzhou Xili Net Receivables and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Xili Intelligent. 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.

Net Receivables vs Selling General Administrative

Net Receivables vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Xili Intelligent Net Receivables account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hangzhou Xili's Net Receivables and Selling General Administrative is 0.46. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Hangzhou Xili Intelligent, assuming nothing else is changed. The correlation between historical values of Hangzhou Xili's Net Receivables and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Hangzhou Xili Intelligent are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Receivables i.e., Hangzhou Xili's Net Receivables and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Selling General Administrative

Most indicators from Hangzhou Xili's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Xili Intelligent 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 Xili Intelligent. 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 December 12, 2024, Tax Provision is expected to decline to about 10.6 M. In addition to that, Selling General Administrative is expected to decline to about 35.8 M
 2021 2022 2023 2024 (projected)
Net Interest Income2.3M2.3M4.1M2.2M
Tax Provision7.3M7.1M13.1M10.6M

Hangzhou Xili fundamental ratios Correlations

-0.96-0.541.00.97-0.370.950.990.830.89-0.190.980.5-0.770.620.26-0.731.00.960.970.95-0.650.950.95-0.99-0.58
-0.960.61-0.95-0.970.57-0.96-0.96-0.87-0.950.45-0.96-0.680.57-0.56-0.430.71-0.96-0.9-0.89-0.910.67-0.86-0.860.930.56
-0.540.61-0.55-0.580.49-0.67-0.5-0.84-0.520.33-0.59-0.140.34-0.27-0.080.94-0.56-0.59-0.58-0.620.79-0.44-0.460.60.85
1.0-0.95-0.550.97-0.410.960.980.830.9-0.210.990.49-0.780.610.26-0.741.00.960.980.96-0.610.940.94-0.98-0.56
0.97-0.97-0.580.97-0.50.940.990.90.95-0.320.990.56-0.650.450.24-0.710.980.880.960.89-0.630.930.93-0.93-0.6
-0.370.570.49-0.41-0.5-0.59-0.4-0.52-0.710.92-0.48-0.73-0.090.0-0.630.36-0.43-0.3-0.36-0.430.08-0.16-0.160.330.08
0.95-0.96-0.670.960.94-0.590.920.850.91-0.390.970.56-0.690.620.42-0.80.970.940.930.98-0.60.830.82-0.96-0.55
0.99-0.96-0.50.980.99-0.40.920.850.93-0.230.980.54-0.690.50.21-0.660.980.890.960.89-0.610.960.96-0.94-0.57
0.83-0.87-0.840.830.9-0.520.850.850.83-0.350.870.38-0.490.270.06-0.870.850.750.840.77-0.810.80.82-0.81-0.85
0.89-0.95-0.520.90.95-0.710.910.930.83-0.570.930.75-0.450.350.43-0.590.910.770.850.82-0.470.80.8-0.83-0.42
-0.190.450.33-0.21-0.320.92-0.39-0.23-0.35-0.57-0.27-0.83-0.380.05-0.740.13-0.24-0.11-0.11-0.210.050.020.020.13-0.05
0.98-0.96-0.590.990.99-0.480.970.980.870.93-0.270.51-0.730.520.24-0.750.990.920.980.94-0.60.930.93-0.96-0.58
0.5-0.68-0.140.490.56-0.730.560.540.380.75-0.830.510.080.290.82-0.080.510.40.350.43-0.140.330.31-0.420.08
-0.770.570.34-0.78-0.65-0.09-0.69-0.69-0.49-0.45-0.38-0.730.08-0.670.090.65-0.76-0.84-0.83-0.820.41-0.78-0.780.820.46
0.62-0.56-0.270.610.450.00.620.50.270.350.050.520.29-0.670.51-0.470.60.80.530.74-0.440.50.47-0.71-0.21
0.26-0.43-0.080.260.24-0.630.420.210.060.43-0.740.240.820.090.51-0.030.280.320.110.360.040.0-0.03-0.260.31
-0.730.710.94-0.74-0.710.36-0.8-0.66-0.87-0.590.13-0.75-0.080.65-0.47-0.03-0.74-0.78-0.78-0.810.79-0.65-0.660.790.86
1.0-0.96-0.561.00.98-0.430.970.980.850.91-0.240.990.51-0.760.60.28-0.740.950.980.96-0.620.940.94-0.98-0.57
0.96-0.9-0.590.960.88-0.30.940.890.750.77-0.110.920.4-0.840.80.32-0.780.950.930.98-0.660.870.87-0.99-0.57
0.97-0.89-0.580.980.96-0.360.930.960.840.85-0.110.980.35-0.830.530.11-0.780.980.930.94-0.590.940.95-0.96-0.61
0.95-0.91-0.620.960.89-0.430.980.890.770.82-0.210.940.43-0.820.740.36-0.810.960.980.94-0.590.840.83-0.98-0.53
-0.650.670.79-0.61-0.630.08-0.6-0.61-0.81-0.470.05-0.6-0.140.41-0.440.040.79-0.62-0.66-0.59-0.59-0.66-0.670.670.92
0.95-0.86-0.440.940.93-0.160.830.960.80.80.020.930.33-0.780.50.0-0.650.940.870.940.84-0.661.0-0.92-0.64
0.95-0.86-0.460.940.93-0.160.820.960.820.80.020.930.31-0.780.47-0.03-0.660.940.870.950.83-0.671.0-0.92-0.66
-0.990.930.6-0.98-0.930.33-0.96-0.94-0.81-0.830.13-0.96-0.420.82-0.71-0.260.79-0.98-0.99-0.96-0.980.67-0.92-0.920.61
-0.580.560.85-0.56-0.60.08-0.55-0.57-0.85-0.42-0.05-0.580.080.46-0.210.310.86-0.57-0.57-0.61-0.530.92-0.64-0.660.61
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Other Information on Investing in Hangzhou Stock

Balance Sheet is a snapshot of the financial position of Hangzhou Xili Intelligent at a specified time, usually calculated after every quarter, six months, or one year. Hangzhou Xili Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hangzhou Xili 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.