Fanhua Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

JavaScript chart by amCharts 3.21.152014201620182020202220243.1B3.2B3.3B3.4B3.5B3.6B3.7B3.8B3.9B 40M60M80M100M120M140M160M180M200M220M240M260M
JavaScript chart by amCharts 3.21.15Total Assetstotal: 38.7BNon Currrent Assets Othertotal: 1.1B

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fanhua Inc Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
Total AssetsNon Currrent Assets OtherDiversified AwayTotal AssetsNon Currrent Assets OtherDiversified Away100%
The correlation between Fanhua's Total Assets and Non Currrent Assets Other is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Fanhua Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Fanhua's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Fanhua assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fanhua Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Income3.0M13.7M5.7M7.2M
Tax Provision90.6M41.0M59.4M54.9M

Fanhua fundamental ratios Correlations

0.890.82-0.47-0.31-0.980.640.980.95-0.970.950.82-0.390.92-0.72-0.230.940.93-0.760.670.670.87-0.570.760.99-0.83
0.890.7-0.78-0.64-0.90.570.790.96-0.960.790.95-0.490.79-0.88-0.040.860.8-0.860.710.90.97-0.80.710.9-0.95
0.820.7-0.55-0.01-0.770.180.770.86-0.860.770.750.130.53-0.34-0.720.590.97-0.310.310.690.78-0.480.340.82-0.75
-0.47-0.78-0.550.560.470.0-0.32-0.710.68-0.4-0.770.07-0.240.640.15-0.36-0.540.47-0.26-0.89-0.760.7-0.16-0.540.77
-0.31-0.64-0.010.560.46-0.61-0.18-0.460.41-0.11-0.670.8-0.410.69-0.48-0.48-0.090.75-0.78-0.69-0.630.85-0.64-0.290.67
-0.98-0.9-0.770.470.46-0.75-0.94-0.950.95-0.87-0.880.53-0.930.730.17-0.96-0.870.81-0.8-0.73-0.910.7-0.85-0.940.88
0.640.570.180.0-0.61-0.750.650.53-0.520.510.54-0.910.86-0.610.350.830.35-0.820.940.350.56-0.550.980.56-0.55
0.980.790.77-0.32-0.18-0.940.650.87-0.90.970.7-0.370.93-0.67-0.210.940.9-0.720.610.520.76-0.420.750.97-0.71
0.950.960.86-0.71-0.46-0.950.530.87-1.00.850.95-0.340.79-0.75-0.290.860.93-0.740.650.870.97-0.740.670.95-0.95
-0.97-0.96-0.860.680.410.95-0.52-0.9-1.0-0.9-0.920.32-0.820.760.27-0.88-0.940.75-0.63-0.83-0.950.69-0.67-0.970.92
0.950.790.77-0.4-0.11-0.870.510.970.85-0.90.65-0.250.88-0.71-0.190.890.91-0.690.460.50.72-0.320.620.97-0.66
0.820.950.75-0.77-0.67-0.880.540.70.95-0.920.65-0.440.68-0.72-0.210.760.78-0.730.750.971.0-0.920.680.81-1.0
-0.39-0.490.130.070.80.53-0.91-0.37-0.340.32-0.25-0.44-0.670.66-0.66-0.65-0.040.83-0.88-0.32-0.440.57-0.87-0.330.44
0.920.790.53-0.24-0.41-0.930.860.930.79-0.820.880.68-0.67-0.780.120.990.71-0.880.790.480.73-0.490.910.89-0.69
-0.72-0.88-0.340.640.690.73-0.61-0.67-0.750.76-0.71-0.720.66-0.78-0.4-0.83-0.530.95-0.65-0.66-0.750.6-0.7-0.770.72
-0.23-0.04-0.720.15-0.480.170.35-0.21-0.290.27-0.19-0.21-0.660.12-0.40.09-0.54-0.420.23-0.22-0.210.040.25-0.210.21
0.940.860.59-0.36-0.48-0.960.830.940.86-0.880.890.76-0.650.99-0.830.090.76-0.910.810.590.81-0.570.90.92-0.77
0.930.80.97-0.54-0.09-0.870.350.90.93-0.940.910.78-0.040.71-0.53-0.540.76-0.510.410.680.82-0.480.490.94-0.78
-0.76-0.86-0.310.470.750.81-0.82-0.72-0.740.75-0.69-0.730.83-0.880.95-0.42-0.91-0.51-0.84-0.62-0.760.66-0.88-0.760.74
0.670.710.31-0.26-0.78-0.80.940.610.65-0.630.460.75-0.880.79-0.650.230.810.41-0.840.610.74-0.80.960.58-0.75
0.670.90.69-0.89-0.69-0.730.350.520.87-0.830.50.97-0.320.48-0.66-0.220.590.68-0.620.610.94-0.930.50.67-0.96
0.870.970.78-0.76-0.63-0.910.560.760.97-0.950.721.0-0.440.73-0.75-0.210.810.82-0.760.740.94-0.880.70.86-1.0
-0.57-0.8-0.480.70.850.7-0.55-0.42-0.740.69-0.32-0.920.57-0.490.60.04-0.57-0.480.66-0.8-0.93-0.88-0.65-0.520.91
0.760.710.34-0.16-0.64-0.850.980.750.67-0.670.620.68-0.870.91-0.70.250.90.49-0.880.960.50.7-0.650.69-0.68
0.990.90.82-0.54-0.29-0.940.560.970.95-0.970.970.81-0.330.89-0.77-0.210.920.94-0.760.580.670.86-0.520.69-0.81
-0.83-0.95-0.750.770.670.88-0.55-0.71-0.950.92-0.66-1.00.44-0.690.720.21-0.77-0.780.74-0.75-0.96-1.00.91-0.68-0.81
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Fanhua Account Relationship Matchups

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Additional Tools for Fanhua Stock Analysis

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