Anhui Common Stock vs Other Current Liab Analysis

001217 Stock   11.08  0.21  1.93%   
Anhui Huaertai financial indicator trend analysis is way more than just evaluating Anhui Huaertai Chemical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Huaertai Chemical is a good investment. Please check the relationship between Anhui Huaertai Common Stock and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Huaertai Chemical. 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.

Common Stock vs Other Current Liab

Common Stock vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Huaertai Chemical Common Stock account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Anhui Huaertai's Common Stock and Other Current Liab is 0.02. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Anhui Huaertai Chemical, assuming nothing else is changed. The correlation between historical values of Anhui Huaertai's Common Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Anhui Huaertai Chemical are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock i.e., Anhui Huaertai's Common Stock and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Other Current Liab

Most indicators from Anhui Huaertai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Huaertai Chemical 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 Anhui Huaertai Chemical. 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.
The current year's Tax Provision is expected to grow to about 37.4 M, whereas Selling General Administrative is forecasted to decline to about 19.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit606.5M358.2M286.3M382.7M
Total Revenue1.9B2.1B1.8B1.7B

Anhui Huaertai fundamental ratios Correlations

-0.750.050.760.980.79-0.920.980.820.950.960.60.910.080.96-0.620.930.850.93-0.760.840.990.950.980.980.87
-0.75-0.34-0.51-0.83-0.680.88-0.87-0.62-0.78-0.7-0.47-0.790.29-0.80.97-0.8-0.4-0.741.0-0.57-0.73-0.82-0.75-0.8-0.83
0.05-0.34-0.530.21-0.41-0.260.2-0.420.3-0.140.420.11-0.230.26-0.52-0.01-0.40.31-0.34-0.390.02-0.020.180.190.35
0.76-0.51-0.530.680.96-0.660.680.990.60.820.30.740.250.66-0.290.840.840.58-0.510.850.760.780.660.670.59
0.98-0.830.210.680.74-0.970.990.760.980.910.620.940.020.98-0.720.940.740.97-0.830.760.970.940.990.990.93
0.79-0.68-0.410.960.74-0.750.760.980.660.830.230.810.040.7-0.480.890.770.63-0.680.870.80.870.710.730.66
-0.920.88-0.26-0.66-0.97-0.75-0.95-0.75-0.97-0.8-0.58-0.98-0.02-0.960.79-0.96-0.59-0.960.88-0.66-0.91-0.91-0.94-0.95-0.98
0.98-0.870.20.680.990.76-0.950.760.950.920.610.91-0.060.97-0.770.920.740.93-0.870.780.960.950.970.980.91
0.82-0.62-0.420.990.760.98-0.750.760.670.860.370.80.180.74-0.420.890.830.65-0.630.860.810.840.730.740.67
0.95-0.780.30.60.980.66-0.970.950.670.820.610.950.070.97-0.690.920.651.0-0.780.660.950.890.980.980.96
0.96-0.7-0.140.820.910.83-0.80.920.860.820.530.80.030.87-0.540.850.930.79-0.70.930.940.930.90.910.72
0.6-0.470.420.30.620.23-0.580.610.370.610.530.480.330.73-0.460.490.430.63-0.470.190.480.40.580.570.63
0.91-0.790.110.740.940.81-0.980.910.80.950.80.480.10.92-0.660.990.640.95-0.790.70.930.910.920.930.96
0.080.29-0.230.250.020.04-0.02-0.060.180.070.030.330.10.160.420.110.240.140.27-0.090.05-0.030.070.040.12
0.96-0.80.260.660.980.7-0.960.970.740.970.870.730.920.16-0.70.920.710.96-0.80.670.930.90.960.970.95
-0.620.97-0.52-0.29-0.72-0.480.79-0.77-0.42-0.69-0.54-0.46-0.660.42-0.7-0.65-0.21-0.650.96-0.4-0.59-0.68-0.64-0.69-0.74
0.93-0.8-0.010.840.940.89-0.960.920.890.920.850.490.990.110.92-0.650.710.91-0.80.770.930.930.910.920.92
0.85-0.4-0.40.840.740.77-0.590.740.830.650.930.430.640.240.71-0.210.710.63-0.40.910.830.780.770.750.51
0.93-0.740.310.580.970.63-0.960.930.651.00.790.630.950.140.96-0.650.910.63-0.740.610.930.860.970.960.97
-0.761.0-0.34-0.51-0.83-0.680.88-0.87-0.63-0.78-0.7-0.47-0.790.27-0.80.96-0.8-0.4-0.74-0.57-0.73-0.82-0.75-0.8-0.83
0.84-0.57-0.390.850.760.87-0.660.780.860.660.930.190.7-0.090.67-0.40.770.910.61-0.570.860.880.770.780.54
0.99-0.730.020.760.970.8-0.910.960.810.950.940.480.930.050.93-0.590.930.830.93-0.730.860.960.980.980.86
0.95-0.82-0.020.780.940.87-0.910.950.840.890.930.40.91-0.030.9-0.680.930.780.86-0.820.880.960.930.950.85
0.98-0.750.180.660.990.71-0.940.970.730.980.90.580.920.070.96-0.640.910.770.97-0.750.770.980.930.990.91
0.98-0.80.190.670.990.73-0.950.980.740.980.910.570.930.040.97-0.690.920.750.96-0.80.780.980.950.990.92
0.87-0.830.350.590.930.66-0.980.910.670.960.720.630.960.120.95-0.740.920.510.97-0.830.540.860.850.910.92
Click cells to compare fundamentals

Anhui Huaertai Account Relationship Matchups

Anhui Huaertai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets941.7M1.0B2.3B2.9B3.4B1.9B
Other Current Liab58.2M71.7M95.4M65.7M5.1M4.9M
Total Current Liabilities228.4M207.0M327.7M781.5M1.1B1.2B
Total Stockholder Equity670.5M778.3M1.9B2.1B2.2B1.4B
Property Plant And Equipment Net537.7M523.2M730.4M1.1B1.9B2.0B
Net Debt11.0M(27.3M)(427.5M)(370.7M)(333.6M)(316.9M)
Retained Earnings194.3M285.4M626.3M757.7M866.8M447.4M
Accounts Payable122.2M105.1M232.4M715.8M1.0B1.1B
Cash37.1M57.5M427.5M370.7M361.0M202.9M
Non Current Assets Total651.4M661.5M945.0M1.7B2.3B1.2B
Non Currrent Assets Other50.4M76.4M150.2M728.9M59.8M56.8M
Cash And Short Term Investments37.1M57.5M1.0B782.4M899.7M944.7M
Liabilities And Stockholders Equity941.7M1.0B2.3B2.9B3.4B3.5B
Non Current Liabilities Total42.8M47.5M51.3M60.2M49.8M55.5M
Inventory56.1M80.2M132.8M163.4M137.6M107.5M
Other Current Assets161.5K1.2M909.8K33.4M76.1M69.3M
Other Stockholder Equity227.3M244.0M963.6M985.7M1.1B1.2B
Total Liab271.2M254.5M379.1M841.7M1.1B588.9M
Total Current Assets290.2M371.3M1.4B1.2B1.1B778.3M
Intangible Assets50.9M49.7M53.1M59.3M86.8M63.1M

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Other Information on Investing in Anhui Stock

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