New Ebitda vs Ebit Analysis

000876 Stock

9.64 0.11 1.15%

New Hope financial indicator trend analysis is infinitely more than just investigating New Hope Liuhe recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Hope Liuhe is a good investment. Please check the relationship between New Hope Ebitda and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New Hope Liuhe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Ebitda vs Ebit

Ebitda vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Hope Liuhe Ebitda account and Ebit. At this time, the significance of the direction appears to have strong relationship.

The correlation between New Hope's Ebitda and Ebit is 0.68. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Ebit in the same time period over historical financial statements of New Hope Liuhe, assuming nothing else is changed. The correlation between historical values of New Hope's Ebitda and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of New Hope Liuhe are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Ebitda i.e., New Hope's Ebitda and Ebit go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebitda

Ebit

Most indicators from New Hope's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Hope Liuhe 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 New Hope Liuhe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 1.8 B. The current year's Tax Provision is expected to grow to about 285.6 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	9.4B	3.7B	2.9B
Total Revenue	126.3B	141.5B	141.5B	148.5B

Gross Profit Total Revenue

New Hope fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Short Term Investments
Total Assets		0.98	0.67	0.96	0.82	0.98	0.97	0.28	0.98	0.97	1.0	0.65	0.97	0.94	0.45	0.96	0.97	0.18	0.48	0.99	0.99	0.92	0.89	0.79	0.53	-0.04
Short Long Term Debt Total	0.98		0.73	0.97	0.68	1.0	1.0	0.07	0.95	0.96	0.98	0.53	0.96	0.94	0.3	0.98	0.92	0.17	0.36	1.0	0.96	0.95	0.8	0.68	0.4	-0.02
Other Current Liab	0.67	0.73		0.83	0.29	0.72	0.75	-0.16	0.69	0.57	0.68	-0.05	0.57	0.8	0.12	0.61	0.54	0.42	0.06	0.74	0.63	0.87	0.55	0.49	-0.19	0.01
Total Current Liabilities	0.96	0.97	0.83		0.69	0.97	0.97	0.16	0.95	0.91	0.97	0.45	0.91	0.96	0.35	0.91	0.9	0.26	0.31	0.98	0.94	0.99	0.83	0.74	0.34	-0.02
Total Stockholder Equity	0.82	0.68	0.29	0.69		0.71	0.65	0.76	0.79	0.8	0.81	0.81	0.8	0.69	0.72	0.69	0.85	0.14	0.68	0.71	0.83	0.61	0.9	0.87	0.8	-0.13
Property Plant And Equipment Net	0.98	1.0	0.72	0.97	0.71		1.0	0.11	0.96	0.96	0.99	0.56	0.96	0.95	0.32	0.98	0.93	0.18	0.39	1.0	0.97	0.95	0.81	0.71	0.43	-0.04
Net Debt	0.97	1.0	0.75	0.97	0.65	1.0		0.03	0.94	0.94	0.97	0.5	0.94	0.94	0.27	0.98	0.91	0.18	0.34	1.0	0.95	0.96	0.78	0.67	0.37	-0.02
Retained Earnings	0.28	0.07	-0.16	0.16	0.76	0.11	0.03		0.27	0.26	0.27	0.59	0.26	0.16	0.75	0.07	0.37	0.05	0.49	0.12	0.3	0.06	0.54	0.61	0.72	-0.14
Accounts Payable	0.98	0.95	0.69	0.95	0.79	0.96	0.94	0.27		0.92	0.97	0.67	0.92	0.96	0.43	0.93	0.98	0.09	0.49	0.96	0.98	0.9	0.85	0.77	0.47	0.03
Cash	0.97	0.96	0.57	0.91	0.8	0.96	0.94	0.26	0.92		0.97	0.66	1.0	0.88	0.47	0.96	0.94	0.13	0.48	0.96	0.98	0.88	0.87	0.75	0.55	-0.04
Non Current Assets Total	1.0	0.98	0.68	0.97	0.81	0.99	0.97	0.27	0.97	0.97		0.63	0.97	0.94	0.44	0.96	0.96	0.19	0.46	0.99	0.99	0.93	0.89	0.79	0.52	-0.06
Non Currrent Assets Other	0.65	0.53	-0.05	0.45	0.81	0.56	0.5	0.59	0.67	0.66	0.63		0.66	0.51	0.42	0.62	0.77	-0.27	0.67	0.55	0.69	0.34	0.58	0.53	0.85	-0.02
Cash And Short Term Investments	0.97	0.96	0.57	0.91	0.8	0.96	0.94	0.26	0.92	1.0	0.97	0.66		0.88	0.47	0.96	0.94	0.13	0.48	0.96	0.98	0.88	0.87	0.75	0.55	-0.02
Net Receivables	0.94	0.94	0.8	0.96	0.69	0.95	0.94	0.16	0.96	0.88	0.94	0.51	0.88		0.37	0.9	0.92	0.17	0.43	0.95	0.94	0.93	0.79	0.7	0.35	0.04
Common Stock Shares Outstanding	0.45	0.3	0.12	0.35	0.72	0.32	0.27	0.75	0.43	0.47	0.44	0.42	0.47	0.37		0.3	0.48	0.19	0.63	0.33	0.48	0.29	0.73	0.71	0.48	0.01
Non Current Liabilities Total	0.96	0.98	0.61	0.91	0.69	0.98	0.98	0.07	0.93	0.96	0.96	0.62	0.96	0.9	0.3		0.93	0.09	0.43	0.98	0.96	0.88	0.77	0.65	0.48	-0.03
Inventory	0.97	0.92	0.54	0.9	0.85	0.93	0.91	0.37	0.98	0.94	0.96	0.77	0.94	0.92	0.48	0.93		0.01	0.53	0.94	0.98	0.84	0.86	0.76	0.63	0.02
Other Current Assets	0.18	0.17	0.42	0.26	0.14	0.18	0.18	0.05	0.09	0.13	0.19	-0.27	0.13	0.17	0.19	0.09	0.01		0.2	0.18	0.14	0.3	0.3	0.2	-0.16	0.14
Other Stockholder Equity	0.48	0.36	0.06	0.31	0.68	0.39	0.34	0.49	0.49	0.48	0.46	0.67	0.48	0.43	0.63	0.43	0.53	0.2		0.38	0.52	0.22	0.57	0.45	0.45	0.11
Total Liab	0.99	1.0	0.74	0.98	0.71	1.0	1.0	0.12	0.96	0.96	0.99	0.55	0.96	0.95	0.33	0.98	0.94	0.18	0.38		0.97	0.96	0.82	0.71	0.42	-0.02
Total Current Assets	0.99	0.96	0.63	0.94	0.83	0.97	0.95	0.3	0.98	0.98	0.99	0.69	0.98	0.94	0.48	0.96	0.98	0.14	0.52	0.97		0.9	0.88	0.77	0.56	0.02
Short Term Debt	0.92	0.95	0.87	0.99	0.61	0.95	0.96	0.06	0.9	0.88	0.93	0.34	0.88	0.93	0.29	0.88	0.84	0.3	0.22	0.96	0.9		0.79	0.69	0.24	0.0
Intangible Assets	0.89	0.8	0.55	0.83	0.9	0.81	0.78	0.54	0.85	0.87	0.89	0.58	0.87	0.79	0.73	0.77	0.86	0.3	0.57	0.82	0.88	0.79		0.95	0.53	-0.07
Common Stock	0.79	0.68	0.49	0.74	0.87	0.71	0.67	0.61	0.77	0.75	0.79	0.53	0.75	0.7	0.71	0.65	0.76	0.2	0.45	0.71	0.77	0.69	0.95		0.52	-0.22
Current Deferred Revenue	0.53	0.4	-0.19	0.34	0.8	0.43	0.37	0.72	0.47	0.55	0.52	0.85	0.55	0.35	0.48	0.48	0.63	-0.16	0.45	0.42	0.56	0.24	0.53	0.52		-0.2
Short Term Investments	-0.04	-0.02	0.01	-0.02	-0.13	-0.04	-0.02	-0.14	0.03	-0.04	-0.06	-0.02	-0.02	0.04	0.01	-0.03	0.02	0.14	0.11	-0.02	0.02	0.0	-0.07	-0.22	-0.2

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New Hope Account Relationship Matchups

New Hope fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	64.2B	109.4B	132.7B	136.7B	129.7B	136.2B
Short Long Term Debt Total	19.4B	38.2B	69.0B	69.4B	70.6B	74.1B
Other Current Liab	1.3B	1.0B	56.9M	6.3B	9.2B	9.7B
Total Current Liabilities	26.2B	31.9B	36.9B	49.8B	55.1B	57.9B
Total Stockholder Equity	26.1B	39.8B	33.5B	29.2B	24.8B	26.0B
Property Plant And Equipment Net	18.6B	39.9B	59.7B	61.9B	63.5B	66.7B
Net Debt	13.6B	29.4B	54.1B	57.8B	59.8B	62.8B
Retained Earnings	17.6B	21.2B	11.2B	9.5B	9.7B	5.8B
Accounts Payable	5.5B	10.1B	9.6B	14.3B	10.7B	11.3B
Cash	5.8B	8.8B	14.9B	11.5B	10.8B	11.4B
Non Current Assets Total	47.0B	80.4B	97.9B	101.1B	98.6B	103.5B
Non Currrent Assets Other	4.1B	14.4B	10.6B	9.1B	1.1B	1.8B
Cash And Short Term Investments	5.8B	8.8B	14.9B	11.7B	10.9B	11.4B
Net Receivables	1.9B	4.5B	3.8B	5.7B	5.7B	5.9B
Common Stock Shares Outstanding	4.1B	4.2B	4.4B	4.4B	4.5B	3.0B
Liabilities And Stockholders Equity	64.2B	109.4B	132.7B	136.7B	129.7B	136.2B
Non Current Liabilities Total	5.4B	26.2B	49.4B	43.2B	38.6B	40.5B
Inventory	9.3B	15.6B	15.9B	17.9B	13.3B	14.0B
Other Current Assets	140.1M	101.0M	181.6M	311.7M	1.3B	1.4B
Other Stockholder Equity	273.8M	7.5B	5.5B	7.5B	3.2B	2.4B
Total Liab	31.6B	58.1B	86.3B	93.0B	93.7B	98.4B
Total Current Assets	17.2B	29.1B	34.8B	35.5B	31.1B	32.7B
Short Term Debt	14.5B	12.5B	20.2B	27.0B	32.7B	34.3B
Intangible Assets	1.4B	1.6B	1.9B	1.9B	1.7B	1.8B
Current Deferred Revenue	4.9B	8.3B	7.0B	2.2B	2.5B	1.6B
Short Term Investments	4.6M	2.2M	20.5M	148.9M	8.3M	7.9M
Other Liab	407.9M	411.4M	443.9M	603.3M	693.8M	728.5M
Other Assets	1.3B	1.3B	1.0	2.9B	1.15	1.09
Long Term Debt	5.0B	25.7B	44.0B	37.6B	34.0B	35.7B
Property Plant Equipment	11.8B	21.1B	51.7B	68.6B	78.9B	82.9B
Good Will	883.6M	865.5M	1.2B	1.2B	1.3B	1.3B
Net Tangible Assets	19.3B	23.4B	37.1B	30.5B	35.0B	26.0B
Deferred Long Term Liab	227.6M	406.3M	1.1B	241.6M	277.9M	373.4M
Short Long Term Debt	13.6B	10.4B	15.2B	13.4B	14.5B	11.5B
Non Current Liabilities Other	1.8B	109.6M	153.4M	165.9M	149.3M	141.9M
Net Invested Capital	44.6B	76.0B	90.8B	80.2B	73.3B	67.0B
Net Working Capital	(9.0B)	(2.9B)	(2.1B)	(14.2B)	(24.0B)	(22.8B)

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

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New Ebitda vs Ebit Analysis

Ebitda vs Ebit

Ebitda vs Ebit Correlation Analysis

Correlation Coefficient

Ebitda

Ebit

New Hope fundamental ratios Correlations

New Hope Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New Hope fundamental ratios Accounts

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Other Information on Investing in New Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net

Other Current Assets	- 0.27	Non Currrent Assets Other
Short Term Investments	- 0.22	Common Stock
Short Term Investments	- 0.2	Current Deferred Revenue
Current Deferred Revenue	- 0.19	Other Current Liab
Current Deferred Revenue	- 0.16	Other Current Assets
Retained Earnings	- 0.16	Other Current Liab