HeNan Property Plant Equipment vs Non Current Liabilities Total Analysis

002296 Stock   11.02  0.40  3.77%   
HeNan Splendor financial indicator trend analysis is much more than just examining HeNan Splendor Science latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HeNan Splendor Science is a good investment. Please check the relationship between HeNan Splendor Property Plant Equipment and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HeNan Splendor Science. 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.

Property Plant Equipment vs Non Current Liabilities Total

Property Plant Equipment vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HeNan Splendor Science Property Plant Equipment account and Non Current Liabilities Total. At this time, the significance of the direction appears to have pay attention.
The correlation between HeNan Splendor's Property Plant Equipment and Non Current Liabilities Total is -0.87. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of HeNan Splendor Science, assuming nothing else is changed. The correlation between historical values of HeNan Splendor's Property Plant Equipment and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of HeNan Splendor Science are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant Equipment i.e., HeNan Splendor's Property Plant Equipment and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant Equipment

Non Current Liabilities Total

Most indicators from HeNan Splendor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HeNan Splendor Science 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 HeNan Splendor Science. 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 52.7 M, whereas Tax Provision is forecasted to decline to about 12.5 M.
 2021 2022 2023 2024 (projected)
Operating Income174.8M109.5M113.7M106.1M
Total Revenue737.2M651.9M740.2M514.8M

HeNan Splendor fundamental ratios Correlations

0.330.820.980.520.820.890.390.280.790.660.340.830.470.950.75-0.37-0.610.56-0.26-0.140.340.19-0.54-0.48-0.59
0.330.420.330.320.490.34-0.240.40.270.23-0.250.230.150.310.55-0.35-0.370.23-0.35-0.020.180.42-0.44-0.47-0.42
0.820.420.710.540.680.720.180.30.740.570.230.890.250.760.7-0.47-0.580.45-0.420.090.230.15-0.56-0.45-0.65
0.980.330.710.540.860.870.320.360.710.690.40.690.450.930.8-0.43-0.660.63-0.29-0.250.40.24-0.6-0.55-0.62
0.520.320.540.540.740.5-0.360.610.180.950.760.33-0.020.420.71-0.63-0.680.85-0.43-0.490.80.1-0.63-0.82-0.61
0.820.490.680.860.740.68-0.170.510.450.810.510.540.290.810.94-0.62-0.820.88-0.42-0.370.660.3-0.76-0.76-0.78
0.890.340.720.870.50.680.440.430.730.570.20.740.350.780.6-0.19-0.380.44-0.15-0.020.350.22-0.33-0.38-0.35
0.39-0.240.180.32-0.36-0.170.44-0.40.52-0.22-0.30.480.420.33-0.260.480.35-0.420.380.38-0.4-0.170.380.420.35
0.280.40.30.360.610.510.43-0.40.140.470.33-0.05-0.350.160.61-0.5-0.380.58-0.44-0.220.560.21-0.43-0.55-0.43
0.790.270.740.710.180.450.730.520.140.280.060.790.460.790.44-0.22-0.370.08-0.19-0.01-0.140.04-0.34-0.12-0.39
0.660.230.570.690.950.810.57-0.220.470.280.830.420.180.590.76-0.69-0.780.88-0.48-0.570.730.15-0.72-0.82-0.7
0.34-0.250.230.40.760.510.2-0.30.330.060.830.120.060.330.47-0.59-0.610.74-0.38-0.670.63-0.1-0.53-0.59-0.52
0.830.230.890.690.330.540.740.48-0.050.790.420.120.460.810.46-0.11-0.350.26-0.090.190.12-0.01-0.28-0.2-0.36
0.470.150.250.45-0.020.290.350.42-0.350.460.180.060.460.610.17-0.05-0.130.08-0.04-0.030.010.06-0.11-0.08-0.12
0.950.310.760.930.420.810.780.330.160.790.590.330.810.610.75-0.4-0.650.52-0.29-0.20.250.25-0.59-0.47-0.63
0.750.550.70.80.710.940.6-0.260.610.440.760.470.460.170.75-0.75-0.880.82-0.58-0.390.530.46-0.87-0.82-0.88
-0.37-0.35-0.47-0.43-0.63-0.62-0.190.48-0.5-0.22-0.69-0.59-0.11-0.05-0.4-0.750.87-0.650.810.55-0.32-0.390.930.750.93
-0.61-0.37-0.58-0.66-0.68-0.82-0.380.35-0.38-0.37-0.78-0.61-0.35-0.13-0.65-0.880.87-0.750.590.64-0.37-0.440.960.780.95
0.560.230.450.630.850.880.44-0.420.580.080.880.740.260.080.520.82-0.65-0.75-0.42-0.450.870.2-0.69-0.81-0.69
-0.26-0.35-0.42-0.29-0.43-0.42-0.150.38-0.44-0.19-0.48-0.38-0.09-0.04-0.29-0.580.810.59-0.420.24-0.2-0.310.730.560.77
-0.14-0.020.09-0.25-0.49-0.37-0.020.38-0.22-0.01-0.57-0.670.19-0.03-0.2-0.390.550.64-0.450.24-0.24-0.190.610.610.47
0.340.180.230.40.80.660.35-0.40.56-0.140.730.630.120.010.250.53-0.32-0.370.87-0.2-0.24-0.1-0.3-0.61-0.3
0.190.420.150.240.10.30.22-0.170.210.040.15-0.1-0.010.060.250.46-0.39-0.440.2-0.31-0.19-0.1-0.5-0.41-0.44
-0.54-0.44-0.56-0.6-0.63-0.76-0.330.38-0.43-0.34-0.72-0.53-0.28-0.11-0.59-0.870.930.96-0.690.730.61-0.3-0.50.830.98
-0.48-0.47-0.45-0.55-0.82-0.76-0.380.42-0.55-0.12-0.82-0.59-0.2-0.08-0.47-0.820.750.78-0.810.560.61-0.61-0.410.830.76
-0.59-0.42-0.65-0.62-0.61-0.78-0.350.35-0.43-0.39-0.7-0.52-0.36-0.12-0.63-0.880.930.95-0.690.770.47-0.3-0.440.980.76
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HeNan Splendor Account Relationship Matchups

HeNan Splendor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.2B2.3B2.5B2.6B1.9B
Other Current Liab84.6M227.8M354.6M298.4M5.2M4.9M
Total Current Liabilities293.8M489.5M584.1M583.1M548.0M415.0M
Total Stockholder Equity1.5B1.6B1.6B1.8B2.0B1.4B
Other Liab17.9M36.9M51.1M52.8M60.8M63.8M
Retained Earnings567.0M633.3M753.4M857.4M909.0M489.6M
Accounts Payable161.3M222.4M192.2M254.5M228.2M187.6M
Cash333.5M391.6M197.1M266.1M282.8M381.7M
Other Assets92.9M108.3M125.2M127.4M146.5M76.8M
Net Receivables484.1M456.2M545.9M503.2M446.4M469.4M
Inventory235.5M333.1M388.1M462.5M554.7M582.4M
Other Current Assets49.9M26.5M41.8M32.8M130.1M136.6M
Total Liab311.7M526.4M635.2M636.0M623.4M509.4M
Intangible Assets49.9M50.1M48.4M51.7M48.5M43.6M
Property Plant Equipment376.4M451.4M479.0M440.8M506.9M259.8M
Net Tangible Assets1.5B1.6B1.6B1.7B2.0B1.6B
Total Current Assets1.2B1.5B1.4B1.5B1.5B1.2B
Non Current Assets Total618.2M686.0M840.9M951.5M1.1B825.1M
Non Currrent Assets Other6.7M23.4M1.5M5.5M407.8K387.4K
Non Current Liabilities Total17.9M36.9M51.1M52.8M75.3M74.2M
Short Long Term Debt99.6M178.1M20.2M3M2.7M2.6M
Net Invested Capital1.5B1.6B1.6B1.8B2.0B1.9B
Net Working Capital955.3M992.9M859.0M919.9M948.8M767.7M

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Other Information on Investing in HeNan Stock

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