Fanhua Net Invested Capital vs Intangible Assets Analysis
AIFU Stock | 1.08 0.02 1.82% |
Fanhua financial indicator trend analysis is much more than just examining Fanhua Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fanhua Inc is a good investment. Please check the relationship between Fanhua Net Invested Capital and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Net Invested Capital vs Intangible Assets
Net Invested Capital vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fanhua Inc Net Invested Capital account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fanhua's Net Invested Capital and Intangible Assets is 0.49. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Fanhua Inc, assuming nothing else is changed. The correlation between historical values of Fanhua's Net Invested Capital and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Fanhua Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Invested Capital i.e., Fanhua's Net Invested Capital and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Fanhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fanhua Inc 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 Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. Selling General Administrative is likely to gain to about 902.2 M in 2024, whereas Tax Provision is likely to drop slightly above 54.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | |
Net Interest Income | 3.0M | 13.7M | 5.7M | 7.2M |
Tax Provision | 90.6M | 41.0M | 59.4M | 54.9M |
Fanhua fundamental ratios Correlations
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Fanhua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Fanhua Stock Analysis
When running Fanhua's price analysis, check to measure Fanhua's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fanhua is operating at the current time. Most of Fanhua's value examination focuses on studying past and present price action to predict the probability of Fanhua's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fanhua's price. Additionally, you may evaluate how the addition of Fanhua to your portfolios can decrease your overall portfolio volatility.