Heilongjiang Retained Earnings vs Common Stock Analysis

601188 Stock

3.88 0.05 1.31%

Heilongjiang Transport financial indicator trend analysis is much more than just examining Heilongjiang Transport latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heilongjiang Transport is a good investment. Please check the relationship between Heilongjiang Transport Retained Earnings and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heilongjiang Transport Development. 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.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heilongjiang Transport Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Heilongjiang Transport's Retained Earnings and Common Stock is 0.61. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Heilongjiang Transport Development, assuming nothing else is changed. The correlation between historical values of Heilongjiang Transport's Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Heilongjiang Transport Development are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Heilongjiang Transport's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

Most indicators from Heilongjiang Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heilongjiang Transport 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 Heilongjiang Transport Development. 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 37 M. The current year's Tax Provision is expected to grow to about 49.3 M

	2021	2022	2023	2024 (projected)
Operating Income	141.4M	82.0M	127.2M	210.8M
Total Revenue	536.7M	435.3M	652.4M	686.7M

Operating Income Total Revenue

Heilongjiang Transport fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.12	0.41	0.93	-0.53	0.91	0.21	0.59	0.89	-0.64	0.43	0.37	0.41	0.27	0.16	0.69	-0.77	-0.24	0.7	-0.67	-0.75	0.73	-0.84	0.78	-0.84	0.21
Other Current Liab	0.12		0.84	-0.16	0.09	-0.11	-0.45	-0.04	0.04	-0.1	0.48	0.81	-0.57	0.85	-0.37	-0.3	0.4	0.44	-0.48	-0.02	0.43	-0.4	0.09	0.06	0.09	-0.41
Total Current Liabilities	0.41	0.84		0.09	-0.2	0.08	-0.26	0.01	0.23	-0.31	0.46	0.95	-0.34	0.93	-0.16	0.05	0.2	0.19	-0.31	-0.25	0.25	-0.24	-0.11	0.28	-0.11	-0.26
Total Stockholder Equity	0.93	-0.16	0.09		-0.63	0.99	0.3	0.69	0.9	-0.55	0.37	0.05	0.51	-0.1	0.13	0.69	-0.9	-0.24	0.85	-0.65	-0.89	0.85	-0.88	0.74	-0.88	0.22
Other Liab	-0.53	0.09	-0.2	-0.63		-0.59	-0.06	-0.42	-0.56	0.18	-0.27	-0.11	-0.23	0.15	-0.09	-0.54	0.53	0.14	-0.4	0.42	0.43	-0.41	0.49	-0.44	0.49	-0.1
Retained Earnings	0.91	-0.11	0.08	0.99	-0.59		0.23	0.74	0.92	-0.52	0.46	0.03	0.42	-0.11	0.03	0.61	-0.88	-0.15	0.83	-0.66	-0.89	0.85	-0.89	0.73	-0.89	0.15
Accounts Payable	0.21	-0.45	-0.26	0.3	-0.06	0.23		0.03	0.19	-0.16	-0.38	-0.34	0.75	-0.27	0.02	0.16	-0.48	-0.08	0.38	-0.04	-0.43	0.35	-0.24	0.29	-0.24	0.0
Cash	0.59	-0.04	0.01	0.69	-0.42	0.74	0.03		0.75	-0.07	0.5	-0.11	0.14	-0.16	-0.14	0.25	-0.62	-0.03	0.59	-0.6	-0.67	0.63	-0.75	0.65	-0.75	-0.11
Other Assets	0.89	0.04	0.23	0.9	-0.56	0.92	0.19	0.75		-0.43	0.5	0.15	0.35	0.07	0.03	0.57	-0.83	-0.12	0.76	-0.83	-0.82	0.8	-0.95	0.8	-0.95	0.11
Net Receivables	-0.64	-0.1	-0.31	-0.55	0.18	-0.52	-0.16	-0.07	-0.43		-0.23	-0.46	-0.26	-0.27	-0.13	-0.41	0.36	0.14	-0.33	0.34	0.37	-0.34	0.4	-0.34	0.4	-0.11
Short Term Investments	0.43	0.48	0.46	0.37	-0.27	0.46	-0.38	0.5	0.5	-0.23		0.39	-0.54	0.31	-0.51	-0.12	-0.07	0.45	0.02	-0.49	-0.09	0.07	-0.36	0.3	-0.36	-0.48
Inventory	0.37	0.81	0.95	0.05	-0.11	0.03	-0.34	-0.11	0.15	-0.46	0.39		-0.35	0.93	-0.03	0.12	0.26	0.13	-0.32	-0.15	0.3	-0.26	0.0	0.13	0.0	-0.14
Other Current Assets	0.41	-0.57	-0.34	0.51	-0.23	0.42	0.75	0.14	0.35	-0.26	-0.54	-0.35		-0.35	0.55	0.62	-0.74	-0.63	0.7	-0.22	-0.7	0.64	-0.48	0.43	-0.48	0.58
Total Liab	0.27	0.85	0.93	-0.1	0.15	-0.11	-0.27	-0.16	0.07	-0.27	0.31	0.93	-0.35		-0.06	-0.02	0.33	0.15	-0.38	-0.12	0.36	-0.31	0.04	0.14	0.04	-0.17
Intangible Assets	0.16	-0.37	-0.16	0.13	-0.09	0.03	0.02	-0.14	0.03	-0.13	-0.51	-0.03	0.55	-0.06		0.74	-0.31	-0.93	0.42	-0.08	-0.27	0.36	-0.14	0.13	-0.14	0.95
Common Stock	0.69	-0.3	0.05	0.69	-0.54	0.61	0.16	0.25	0.57	-0.41	-0.12	0.12	0.62	-0.02	0.74		-0.71	-0.68	0.75	-0.41	-0.65	0.74	-0.57	0.44	-0.57	0.76
Property Plant Equipment	-0.77	0.4	0.2	-0.9	0.53	-0.88	-0.48	-0.62	-0.83	0.36	-0.07	0.26	-0.74	0.33	-0.31	-0.71		0.41	-0.96	0.6	0.98	-0.96	0.88	-0.72	0.88	-0.42
Long Term Debt	-0.24	0.44	0.19	-0.24	0.14	-0.15	-0.08	-0.03	-0.12	0.14	0.45	0.13	-0.63	0.15	-0.93	-0.68	0.41		-0.49	0.21	0.41	-0.42	0.31	-0.34	0.31	-0.89
Net Tangible Assets	0.7	-0.48	-0.31	0.85	-0.4	0.83	0.38	0.59	0.76	-0.33	0.02	-0.32	0.7	-0.38	0.42	0.75	-0.96	-0.49		-0.51	-0.97	0.99	-0.82	0.65	-0.82	0.54
Other Stockholder Equity	-0.67	-0.02	-0.25	-0.65	0.42	-0.66	-0.04	-0.6	-0.83	0.34	-0.49	-0.15	-0.22	-0.12	-0.08	-0.41	0.6	0.21	-0.51		0.6	-0.53	0.84	-0.65	0.84	-0.1
Deferred Long Term Liab	-0.75	0.43	0.25	-0.89	0.43	-0.89	-0.43	-0.67	-0.82	0.37	-0.09	0.3	-0.7	0.36	-0.27	-0.65	0.98	0.41	-0.97	0.6		-0.96	0.89	-0.73	0.89	-0.39
Long Term Investments	0.73	-0.4	-0.24	0.85	-0.41	0.85	0.35	0.63	0.8	-0.34	0.07	-0.26	0.64	-0.31	0.36	0.74	-0.96	-0.42	0.99	-0.53	-0.96		-0.84	0.67	-0.84	0.48
Short Long Term Debt	-0.84	0.09	-0.11	-0.88	0.49	-0.89	-0.24	-0.75	-0.95	0.4	-0.36	0.0	-0.48	0.04	-0.14	-0.57	0.88	0.31	-0.82	0.84	0.89	-0.84		-0.89	1.0	-0.23
Total Current Assets	0.78	0.06	0.28	0.74	-0.44	0.73	0.29	0.65	0.8	-0.34	0.3	0.13	0.43	0.14	0.13	0.44	-0.72	-0.34	0.65	-0.65	-0.73	0.67	-0.89		-0.89	0.17
Short Term Debt	-0.84	0.09	-0.11	-0.88	0.49	-0.89	-0.24	-0.75	-0.95	0.4	-0.36	0.0	-0.48	0.04	-0.14	-0.57	0.88	0.31	-0.82	0.84	0.89	-0.84	1.0	-0.89		-0.23
Non Current Assets Total	0.21	-0.41	-0.26	0.22	-0.1	0.15	0.0	-0.11	0.11	-0.11	-0.48	-0.14	0.58	-0.17	0.95	0.76	-0.42	-0.89	0.54	-0.1	-0.39	0.48	-0.23	0.17	-0.23

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Heilongjiang Transport Account Relationship Matchups

Heilongjiang Transport fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.2B	5.2B	5.0B	5.2B	5.4B	5.0B
Other Current Liab	277.8M	232.7M	292.5M	17.7M	14.6M	13.9M
Total Current Liabilities	570.8M	474.3M	337.8M	499.6M	328.8M	509.9M
Total Stockholder Equity	4.5B	4.5B	4.5B	4.5B	4.5B	4.1B
Other Liab	2.7M	2.6M	3.6M	8.0M	7.2M	6.9M
Retained Earnings	2.0B	1.9B	2.0B	1.7B	1.8B	1.3B
Accounts Payable	358.5K	125.4K	42.8M	227.5M	59.7M	32.0M
Cash	1.6B	579.9M	1.0B	778.4M	643.2M	718.5M
Other Assets	84.5M	81.9M	80.1M	77.6M	89.2M	50.8M
Net Receivables	63.1M	8.9M	8.0M	10.2M	18.6M	17.7M
Short Term Investments	103.5M	107.1M	43.5M	40.0M	23.0M	21.9M
Inventory	661.4M	532.0M	469.1M	397.3M	614.1M	625.7M
Other Current Assets	10.5M	4.8M	666.2M	1.0B	861.5M	904.5M
Total Liab	563.6M	477.9M	350.1M	506.7M	562.5M	574.1M
Intangible Assets	15.1M	7.7M	1.9M	587.4K	389.2M	408.7M
Property Plant Equipment	1.3B	1.2B	1.1B	1.1B	954.2M	1.2B
Net Tangible Assets	4.2B	4.5B	4.5B	4.5B	5.2B	4.5B
Other Stockholder Equity	19.5M	25.7M	14.8M	23.7M	21.3M	13.2M
Deferred Long Term Liab	6.8M	6.6M	6.3M	5.6M	5.0M	6.1M
Total Current Assets	2.5B	2.3B	2.2B	2.5B	2.2B	2.5B
Non Current Assets Total	2.8B	2.8B	2.8B	2.7B	3.2B	3.1B
Non Currrent Assets Other	2.8B	100.6M	279.8K	19.7M	1.6M	1.5M
Non Current Liabilities Total	2.6M	3.6M	12.3M	7.1M	233.7M	245.4M
Non Current Liabilities Other	60K	10K	1.0M	552.5K	635.4K	452.7K
Net Invested Capital	4.5B	4.5B	4.5B	4.5B	4.5B	4.8B
Net Working Capital	1.9B	1.8B	1.9B	2.0B	1.9B	1.9B

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Other Information on Investing in Heilongjiang Stock

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

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Heilongjiang Retained Earnings vs Common Stock Analysis

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

Correlation Coefficient

Retained Earnings

Common Stock

Heilongjiang Transport fundamental ratios Correlations

Heilongjiang Transport Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Heilongjiang Transport fundamental ratios Accounts

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Other Information on Investing in Heilongjiang Stock

COMMON DESTINATIONS

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COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Retained Earnings	+ 0.99	Total Stockholder Equity
Long Term Investments	+ 0.99	Net Tangible Assets
Deferred Long Term Liab	+ 0.98	Property Plant Equipment
Inventory	+ 0.95	Total Current Liabilities
Non Current Assets Total	+ 0.95	Intangible Assets

Deferred Long Term Liab	- 0.97	Net Tangible Assets
Long Term Investments	- 0.96	Deferred Long Term Liab
Long Term Investments	- 0.96	Property Plant Equipment
Net Tangible Assets	- 0.96	Property Plant Equipment
Short Term Debt	- 0.95	Other Assets
Short Long Term Debt	- 0.95	Other Assets