HengFeng Change To Inventory vs Capital Expenditures Analysis

300605 Stock

14.21 0.63 4.25%

HengFeng Information financial indicator trend analysis is much more than just examining HengFeng Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HengFeng Information is a good investment. Please check the relationship between HengFeng Information Change To Inventory and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HengFeng Information Technology. 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.

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HengFeng Information Change To Inventory account and Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.

The correlation between HengFeng Information's Change To Inventory and Capital Expenditures is 0.39. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of HengFeng Information Technology, assuming nothing else is changed. The correlation between historical values of HengFeng Information's Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of HengFeng Information Technology are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., HengFeng Information's Change To Inventory and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

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Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Capital Expenditures

Capital Expenditures are funds used by HengFeng Information to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of HengFeng Information operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from HengFeng Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HengFeng Information 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 HengFeng Information Technology. 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 16, 2024, Tax Provision is expected to decline to about 586.1 K. In addition to that, Selling General Administrative is expected to decline to about 25.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	144.1M	131.8M	124.9M	144.8M
Total Revenue	612.3M	515.2M	484.4M	541.7M

Gross Profit Total Revenue

HengFeng Information fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Deferred Long Term Liab
Total Assets		0.46	0.96	0.95	-0.92	0.96	0.91	0.98	0.75	0.85	-0.43	0.85	0.96	-0.46	0.56	-0.13	0.81	0.97	0.81	0.99	-0.46	0.76	0.97	0.87	0.36	0.83
Other Current Liab	0.46		0.51	0.51	-0.17	0.5	0.46	0.51	0.53	0.1	-0.13	0.09	0.39	0.16	-0.16	0.55	0.08	0.4	0.08	0.54	0.16	0.01	0.55	0.16	0.02	0.06
Total Current Liabilities	0.96	0.51		0.87	-0.92	0.87	0.83	0.95	0.62	0.84	-0.59	0.88	0.97	-0.38	0.45	-0.19	0.71	0.97	0.85	0.94	-0.38	0.71	0.94	0.89	0.33	0.86
Total Stockholder Equity	0.95	0.51	0.87		-0.84	1.0	0.96	0.93	0.89	0.72	-0.17	0.72	0.85	-0.41	0.46	0.1	0.81	0.85	0.64	0.98	-0.41	0.65	0.93	0.75	0.39	0.69
Other Liab	-0.92	-0.17	-0.92	-0.84		-0.84	-0.81	-0.89	-0.59	-0.95	0.51	-0.97	-0.93	0.61	-0.65	0.42	-0.78	-0.91	-0.91	-0.87	0.61	-0.86	-0.84	-0.97	-0.52	-0.97
Net Tangible Assets	0.96	0.5	0.87	1.0	-0.84		0.95	0.93	0.88	0.72	-0.19	0.72	0.86	-0.39	0.46	0.09	0.84	0.87	0.65	0.98	-0.39	0.64	0.94	0.74	0.34	0.69
Retained Earnings	0.91	0.46	0.83	0.96	-0.81	0.95		0.93	0.87	0.69	-0.07	0.68	0.82	-0.38	0.43	0.07	0.75	0.81	0.65	0.93	-0.38	0.63	0.92	0.7	0.38	0.66
Accounts Payable	0.98	0.51	0.95	0.93	-0.89	0.93	0.93		0.77	0.83	-0.37	0.82	0.95	-0.45	0.54	-0.14	0.7	0.95	0.82	0.97	-0.45	0.76	0.95	0.84	0.37	0.8
Cash	0.75	0.53	0.62	0.89	-0.59	0.88	0.87	0.77		0.46	0.2	0.42	0.57	-0.32	0.35	0.36	0.62	0.6	0.32	0.83	-0.32	0.44	0.74	0.46	0.36	0.39
Non Current Assets Total	0.85	0.1	0.84	0.72	-0.95	0.72	0.69	0.83	0.46		-0.6	0.98	0.89	-0.78	0.81	-0.59	0.66	0.88	0.9	0.79	-0.78	0.97	0.75	0.99	0.63	0.98
Non Currrent Assets Other	-0.43	-0.13	-0.59	-0.17	0.51	-0.19	-0.07	-0.37	0.2	-0.6		-0.66	-0.58	0.29	-0.35	0.56	-0.26	-0.6	-0.63	-0.34	0.29	-0.5	-0.4	-0.66	-0.17	-0.67
Other Assets	0.85	0.09	0.88	0.72	-0.97	0.72	0.68	0.82	0.42	0.98	-0.66		0.91	-0.68	0.71	-0.58	0.7	0.89	0.93	0.79	-0.68	0.91	0.77	1.0	0.56	1.0
Net Receivables	0.96	0.39	0.97	0.85	-0.93	0.86	0.82	0.95	0.57	0.89	-0.58	0.91		-0.43	0.54	-0.33	0.71	0.98	0.92	0.92	-0.43	0.79	0.92	0.92	0.3	0.9
Good Will	-0.46	0.16	-0.38	-0.41	0.61	-0.39	-0.38	-0.45	-0.32	-0.78	0.29	-0.68	-0.43		-0.95	0.54	-0.4	-0.47	-0.45	-0.44	1.0	-0.88	-0.36	-0.69	-0.89	-0.68
Non Current Liabilities Total	0.56	-0.16	0.45	0.46	-0.65	0.46	0.43	0.54	0.35	0.81	-0.35	0.71	0.54	-0.95		-0.56	0.5	0.59	0.55	0.51	-0.95	0.92	0.45	0.73	0.71	0.72
Inventory	-0.13	0.55	-0.19	0.1	0.42	0.09	0.07	-0.14	0.36	-0.59	0.56	-0.58	-0.33	0.54	-0.56		-0.04	-0.28	-0.63	0.01	0.54	-0.62	0.01	-0.54	-0.31	-0.61
Other Current Assets	0.81	0.08	0.71	0.81	-0.78	0.84	0.75	0.7	0.62	0.66	-0.26	0.7	0.71	-0.4	0.5	-0.04		0.75	0.59	0.8	-0.4	0.59	0.81	0.7	0.28	0.69
Total Liab	0.97	0.4	0.97	0.85	-0.91	0.87	0.81	0.95	0.6	0.88	-0.6	0.89	0.98	-0.47	0.59	-0.28	0.75		0.88	0.93	-0.47	0.8	0.93	0.91	0.31	0.88
Short Long Term Debt	0.81	0.08	0.85	0.64	-0.91	0.65	0.65	0.82	0.32	0.9	-0.63	0.93	0.92	-0.45	0.55	-0.63	0.59	0.88		0.72	-0.45	0.81	0.73	0.91	0.27	0.93
Total Current Assets	0.99	0.54	0.94	0.98	-0.87	0.98	0.93	0.97	0.83	0.79	-0.34	0.79	0.92	-0.44	0.51	0.01	0.8	0.93	0.72		-0.44	0.71	0.97	0.82	0.38	0.76
Short Term Debt	-0.46	0.16	-0.38	-0.41	0.61	-0.39	-0.38	-0.45	-0.32	-0.78	0.29	-0.68	-0.43	1.0	-0.95	0.54	-0.4	-0.47	-0.45	-0.44		-0.88	-0.36	-0.69	-0.89	-0.68
Intangible Assets	0.76	0.01	0.71	0.65	-0.86	0.64	0.63	0.76	0.44	0.97	-0.5	0.91	0.79	-0.88	0.92	-0.62	0.59	0.8	0.81	0.71	-0.88		0.66	0.92	0.69	0.91
Common Stock	0.97	0.55	0.94	0.93	-0.84	0.94	0.92	0.95	0.74	0.75	-0.4	0.77	0.92	-0.36	0.45	0.01	0.81	0.93	0.73	0.97	-0.36	0.66		0.79	0.3	0.75
Property Plant Equipment	0.87	0.16	0.89	0.75	-0.97	0.74	0.7	0.84	0.46	0.99	-0.66	1.0	0.92	-0.69	0.73	-0.54	0.7	0.91	0.91	0.82	-0.69	0.92	0.79		0.58	0.99
Common Stock Shares Outstanding	0.36	0.02	0.33	0.39	-0.52	0.34	0.38	0.37	0.36	0.63	-0.17	0.56	0.3	-0.89	0.71	-0.31	0.28	0.31	0.27	0.38	-0.89	0.69	0.3	0.58		0.55
Deferred Long Term Liab	0.83	0.06	0.86	0.69	-0.97	0.69	0.66	0.8	0.39	0.98	-0.67	1.0	0.9	-0.68	0.72	-0.61	0.69	0.88	0.93	0.76	-0.68	0.91	0.75	0.99	0.55

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HengFeng Information Account Relationship Matchups

HengFeng Information fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	884.6M	1.0B	1.1B	1.2B	1.4B	1.0B
Other Current Liab	100.4M	243.1M	39.4M	105.8M	35.2M	33.5M
Total Current Liabilities	327.1M	521.6M	569.0M	601.2M	572.2M	453.4M
Total Stockholder Equity	552.9M	480.3M	517.2M	548.2M	582.7M	529.6M
Net Tangible Assets	489.7M	548.6M	476.5M	534.9M	615.2M	499.0M
Retained Earnings	226.6M	149.0M	166.0M	218.9M	203.0M	184.9M
Accounts Payable	201.3M	218.0M	201.8M	273.3M	279.2M	222.6M
Cash	157.8M	106.1M	95.1M	112.4M	131.4M	129.3M
Non Current Assets Total	57.6M	125.3M	201.7M	251.1M	329.9M	346.4M
Non Currrent Assets Other	55.8M	57.6M	21.4M	32.5M	25.6M	32.2M
Other Assets	5.0M	7.9M	38.3M	105.5M	121.3M	127.4M
Net Receivables	167.3M	246.8M	271.7M	344.9M	356.9M	241.7M
Inventory	452.3M	380.4M	231.1M	109.3M	87.3M	82.9M
Other Current Assets	49.6M	17.4M	66.2M	23.1M	61.7M	38.4M
Total Liab	329.1M	523.6M	569.6M	602.6M	798.6M	486.1M
Total Current Assets	827.0M	881.4M	887.8M	903.4M	1.1B	865.5M
Intangible Assets	4.7M	13.3M	20.7M	42.3M	83.2M	87.3M
Common Stock	110.0M	165.3M	165.3M	164.5M	189.1M	137.9M
Property Plant Equipment	44.0M	42.8M	80.6M	123.9M	142.5M	149.6M
Common Stock Shares Outstanding	165.3M	165.3M	164.6M	164.5M	164.5M	181.1M
Deferred Long Term Liab	861.3K	1.5M	10.6M	31.2M	35.9M	37.7M
Net Invested Capital	562.9M	525.2M	644.3M	751.4M	991.9M	693.5M
Net Working Capital	499.9M	359.8M	318.8M	302.2M	482.2M	320.3M
Capital Stock	165.3M	165.3M	164.6M	164.5M	164.5M	171.3M

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Other Information on Investing in HengFeng Stock

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

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HengFeng Change To Inventory vs Capital Expenditures Analysis

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Inventory

Capital Expenditures

HengFeng Information fundamental ratios Correlations

HengFeng Information Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HengFeng Information fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Property Plant Equipment	+ 1.0	Other Assets
Deferred Long Term Liab	+ 1.0	Other Assets
Short Term Debt	+ 1.0	Good Will
Total Current Assets	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Non Current Assets Total

Deferred Long Term Liab	- 0.97	Other Liab
Property Plant Equipment	- 0.97	Other Liab
Other Assets	- 0.97	Other Liab
Short Term Debt	- 0.95	Non Current Liabilities Total
Non Current Liabilities Total	- 0.95	Good Will
Non Current Assets Total	- 0.95	Other Liab