Puyang Depreciation And Amortization vs Gross Profit Analysis

300481 Stock

16.14 0.02 0.12%

Puyang Huicheng financial indicator trend analysis is much more than just breaking down Puyang Huicheng Elec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Puyang Huicheng Elec is a good investment. Please check the relationship between Puyang Huicheng Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Puyang Huicheng Electronic. 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.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Puyang Huicheng Elec Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Puyang Huicheng's Depreciation And Amortization and Gross Profit is 0.85. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Puyang Huicheng Electronic, assuming nothing else is changed. The correlation between historical values of Puyang Huicheng's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Puyang Huicheng Electronic are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Puyang Huicheng's Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Puyang Huicheng Electronic minus its cost of goods sold. It is profit before Puyang Huicheng operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Puyang Huicheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Puyang Huicheng Elec 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 Puyang Huicheng Electronic. 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 Tax Provision is expected to grow to about 30.3 M, whereas Selling General Administrative is forecasted to decline to about 7.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	32.9K	5.0M	8.1M	8.5M
Depreciation And Amortization	40.8M	52.7M	57.1M	59.9M

Interest Expense Depreciation And Amortization

Puyang Huicheng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	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	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total
Total Assets		-0.21	0.76	1.0	0.86	0.98	-0.71	0.99	0.87	0.89	0.99	0.69	-0.12	0.94	0.98	0.85	0.91	0.98	0.9	0.98	0.92	1.0	0.89	0.77	0.96	0.83
Other Current Liab	-0.21		-0.13	-0.21	0.18	-0.15	-0.13	-0.17	-0.4	-0.06	-0.14	0.05	0.91	-0.1	-0.18	0.12	-0.27	-0.25	-0.4	-0.33	-0.23	-0.24	-0.05	0.18	-0.05	-0.32
Total Current Liabilities	0.76	-0.13		0.73	0.54	0.68	-0.24	0.73	0.79	0.56	0.71	0.65	-0.07	0.58	0.74	0.74	0.71	0.82	0.86	0.71	0.88	0.77	0.83	0.68	0.67	0.84
Total Stockholder Equity	1.0	-0.21	0.73		0.88	0.98	-0.73	0.99	0.84	0.89	0.99	0.69	-0.12	0.94	0.98	0.85	0.89	0.97	0.89	0.98	0.89	1.0	0.89	0.78	0.97	0.79
Other Liab	0.86	0.18	0.54	0.88		0.87	-0.83	0.88	0.6	0.84	0.89	0.75	0.21	0.87	0.89	0.87	0.72	0.83	0.64	0.8	0.69	0.85	0.81	0.86	0.91	0.54
Property Plant And Equipment Net	0.98	-0.15	0.68	0.98	0.87		-0.79	0.99	0.84	0.95	1.0	0.61	-0.09	0.97	0.93	0.83	0.93	0.93	0.81	0.93	0.89	0.96	0.83	0.74	0.97	0.82
Net Debt	-0.71	-0.13	-0.24	-0.73	-0.83	-0.79		-0.75	-0.39	-0.9	-0.78	-0.38	-0.16	-0.89	-0.66	-0.71	-0.61	-0.58	-0.35	-0.65	-0.5	-0.68	-0.56	-0.7	-0.8	-0.41
Retained Earnings	0.99	-0.17	0.73	0.99	0.88	0.99	-0.75		0.86	0.92	1.0	0.68	-0.1	0.95	0.96	0.84	0.93	0.97	0.86	0.95	0.91	0.98	0.87	0.76	0.97	0.83
Accounts Payable	0.87	-0.4	0.79	0.84	0.6	0.84	-0.39	0.86		0.72	0.84	0.5	-0.29	0.75	0.82	0.57	0.95	0.9	0.88	0.83	0.95	0.87	0.71	0.46	0.73	0.94
Cash	0.89	-0.06	0.56	0.89	0.84	0.95	-0.9	0.92	0.72		0.93	0.48	0.01	0.98	0.82	0.77	0.87	0.81	0.64	0.82	0.81	0.87	0.7	0.71	0.9	0.76
Non Current Assets Total	0.99	-0.14	0.71	0.99	0.89	1.0	-0.78	1.0	0.84	0.93		0.66	-0.08	0.96	0.95	0.85	0.91	0.95	0.83	0.95	0.9	0.98	0.86	0.77	0.98	0.82
Non Currrent Assets Other	0.69	0.05	0.65	0.69	0.75	0.61	-0.38	0.68	0.5	0.48	0.66		-0.04	0.52	0.79	0.77	0.46	0.76	0.67	0.63	0.59	0.69	0.74	0.81	0.72	0.45
Other Assets	-0.12	0.91	-0.07	-0.12	0.21	-0.09	-0.16	-0.1	-0.29	0.01	-0.08	-0.04		0.0	-0.13	0.11	-0.16	-0.2	-0.26	-0.19	-0.13	-0.14	0.0	0.16	-0.02	-0.22
Cash And Short Term Investments	0.94	-0.1	0.58	0.94	0.87	0.97	-0.89	0.95	0.75	0.98	0.96	0.52	0.0		0.88	0.79	0.88	0.86	0.71	0.9	0.82	0.92	0.77	0.73	0.94	0.74
Net Receivables	0.98	-0.18	0.74	0.98	0.89	0.93	-0.66	0.96	0.82	0.82	0.95	0.79	-0.13	0.88		0.85	0.83	0.98	0.89	0.96	0.86	0.98	0.91	0.81	0.95	0.74
Common Stock Shares Outstanding	0.85	0.12	0.74	0.85	0.87	0.83	-0.71	0.84	0.57	0.77	0.85	0.77	0.11	0.79	0.85		0.64	0.81	0.73	0.79	0.72	0.84	0.9	0.97	0.91	0.6
Non Current Liabilities Total	0.91	-0.27	0.71	0.89	0.72	0.93	-0.61	0.93	0.95	0.87	0.91	0.46	-0.16	0.88	0.83	0.64		0.9	0.81	0.85	0.95	0.9	0.71	0.53	0.82	0.94
Inventory	0.98	-0.25	0.82	0.97	0.83	0.93	-0.58	0.97	0.9	0.81	0.95	0.76	-0.2	0.86	0.98	0.81	0.9		0.92	0.95	0.93	0.98	0.89	0.75	0.92	0.85
Other Current Assets	0.9	-0.4	0.86	0.89	0.64	0.81	-0.35	0.86	0.88	0.64	0.83	0.67	-0.26	0.71	0.89	0.73	0.81	0.92		0.92	0.89	0.92	0.85	0.64	0.79	0.83
Other Stockholder Equity	0.98	-0.33	0.71	0.98	0.8	0.93	-0.65	0.95	0.83	0.82	0.95	0.63	-0.19	0.9	0.96	0.79	0.85	0.95	0.92		0.86	0.98	0.87	0.72	0.93	0.77
Total Liab	0.92	-0.23	0.88	0.89	0.69	0.89	-0.5	0.91	0.95	0.81	0.9	0.59	-0.13	0.82	0.86	0.72	0.95	0.93	0.89	0.86		0.92	0.79	0.63	0.82	0.97
Total Current Assets	1.0	-0.24	0.77	1.0	0.85	0.96	-0.68	0.98	0.87	0.87	0.98	0.69	-0.14	0.92	0.98	0.84	0.9	0.98	0.92	0.98	0.92		0.89	0.77	0.95	0.83
Intangible Assets	0.89	-0.05	0.83	0.89	0.81	0.83	-0.56	0.87	0.71	0.7	0.86	0.74	0.0	0.77	0.91	0.9	0.71	0.89	0.85	0.87	0.79	0.89		0.86	0.88	0.67
Common Stock	0.77	0.18	0.68	0.78	0.86	0.74	-0.7	0.76	0.46	0.71	0.77	0.81	0.16	0.73	0.81	0.97	0.53	0.75	0.64	0.72	0.63	0.77	0.86		0.84	0.48
Property Plant Equipment	0.96	-0.05	0.67	0.97	0.91	0.97	-0.8	0.97	0.73	0.9	0.98	0.72	-0.02	0.94	0.95	0.91	0.82	0.92	0.79	0.93	0.82	0.95	0.88	0.84		0.72
Short Long Term Debt Total	0.83	-0.32	0.84	0.79	0.54	0.82	-0.41	0.83	0.94	0.76	0.82	0.45	-0.22	0.74	0.74	0.6	0.94	0.85	0.83	0.77	0.97	0.83	0.67	0.48	0.72

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Puyang Huicheng Account Relationship Matchups

Puyang Huicheng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	976.4M	1.1B	2.1B	2.8B	2.8B	3.0B
Other Current Liab	57.6M	23.7M	1.1M	1.7M	793.0K	753.4K
Total Current Liabilities	81.7M	51.4M	96.0M	336.4M	202.3M	107.5M
Total Stockholder Equity	866.0M	999.8M	2.0B	2.3B	2.4B	2.6B
Other Liab	10.9M	26.1M	26.0M	24.5M	28.2M	29.6M
Property Plant And Equipment Net	268.6M	319.0M	435.6M	559.9M	733.2M	769.9M
Net Debt	(257.3M)	(226.6M)	(243.4M)	(10.0M)	(421.7M)	(400.6M)
Retained Earnings	350.7M	462.3M	643.1M	921.8M	1.0B	1.1B
Accounts Payable	13.4M	21.9M	29.0M	105.5M	84.5M	88.7M
Cash	262.7M	227.4M	243.8M	289.2M	647.3M	679.7M
Non Current Assets Total	382.1M	445.9M	620.5M	786.7M	928.7M	975.1M
Non Currrent Assets Other	15.0M	32.0M	23.9M	36.7M	10.7M	17.6M
Cash And Short Term Investments	349.9M	230.1M	473.6M	420.5M	828.4M	869.8M
Net Receivables	182.2M	291.7M	447.4M	530.6M	452.9M	475.6M
Common Stock Shares Outstanding	254.8M	256.6M	277.7M	295.3M	293.9M	256.5M
Liabilities And Stockholders Equity	976.4M	1.1B	2.1B	2.8B	2.8B	3.0B
Non Current Liabilities Total	26.1M	26.0M	24.5M	148.3M	173.6M	182.2M
Inventory	55.0M	102.8M	134.9M	221.5M	175.6M	184.3M
Other Current Assets	7.2M	8.3M	438.7M	845.2M	436.2M	458.0M
Other Stockholder Equity	202.7M	203.3M	976.6M	986.6M	993.5M	1.0B
Total Liab	107.9M	77.4M	120.5M	484.7M	375.8M	394.6M
Total Current Assets	594.3M	632.9M	1.5B	2.0B	1.9B	2.0B
Intangible Assets	89.2M	85.3M	148.3M	178.5M	172.9M	86.6M
Property Plant Equipment	230.4M	268.6M	319.0M	435.6M	500.9M	526.0M
Short Long Term Debt Total	5.4M	853.5K	433.1K	279.3M	225.6M	236.9M
Current Deferred Revenue	5.3M	5.4M	65.4M	75.0M	42.4M	27.5M
Short Term Debt	5.4M	420.3K	433.1K	154.2M	74.6M	45.9M
Net Tangible Assets	773.8M	911.5M	1.8B	2.0B	2.3B	2.4B
Short Term Investments	87.1M	2.7M	229.8M	131.2M	181.0M	127.5M
Deferred Long Term Liab	1.7M	1.0M	1.8M	4.8M	5.5M	5.8M
Net Invested Capital	866.0M	999.8M	2.0B	2.6B	2.7B	1.7B
Net Working Capital	512.6M	581.6M	1.4B	1.7B	1.7B	1.0B

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

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Puyang Depreciation And Amortization vs Gross Profit Analysis

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Gross Profit

Puyang Huicheng fundamental ratios Correlations

Puyang Huicheng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Puyang Huicheng fundamental ratios Accounts

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Other Information on Investing in Puyang Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Retained Earnings
Retained Earnings	+ 0.99	Total Assets

Cash	- 0.9	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt
Net Debt	- 0.83	Other Liab
Property Plant Equipment	- 0.8	Net Debt
Net Debt	- 0.79	Property Plant And Equipment Net
Non Current Assets Total	- 0.78	Net Debt