Hainan Good Will vs Non Current Assets Total Analysis

000505 Stock   5.76  0.29  4.79%   
Hainan Pearl financial indicator trend analysis is much more than just examining Hainan Pearl River latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Pearl River is a good investment. Please check the relationship between Hainan Pearl Good Will and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Pearl River. 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.

Good Will vs Non Current Assets Total

Good Will vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Pearl River Good Will account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hainan Pearl's Good Will and Non Current Assets Total is 0.27. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Hainan Pearl River, assuming nothing else is changed. The correlation between historical values of Hainan Pearl's Good Will and Non Current Assets 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 Good Will of Hainan Pearl River are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Good Will i.e., Hainan Pearl's Good Will and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Hainan Pearl's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Pearl River 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 Hainan Pearl River. 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.
The current year's Selling General Administrative is expected to grow to about 217 M. The current year's Tax Provision is expected to grow to about 52.1 M
 2022 2024 2025 (projected)
Other Operating Expenses22.6M20.3M24.1M
Gross Profit620.3M402.7M571.5M

Hainan Pearl fundamental ratios Correlations

0.98-0.540.20.85-0.370.960.940.980.870.60.280.42-0.540.730.920.95-0.690.64-0.320.50.840.890.930.90.96
0.98-0.510.110.82-0.410.950.850.970.870.540.170.42-0.590.640.930.97-0.690.57-0.410.440.820.850.910.860.94
-0.54-0.51-0.28-0.460.77-0.63-0.54-0.51-0.47-0.430.15-0.230.18-0.45-0.57-0.570.29-0.350.07-0.41-0.58-0.47-0.56-0.47-0.53
0.20.11-0.280.16-0.050.240.310.190.210.730.2-0.310.430.70.310.220.220.440.60.780.550.310.380.30.24
0.850.82-0.460.16-0.260.860.820.850.630.440.170.66-0.680.550.70.79-0.570.4-0.290.410.670.640.80.690.73
-0.37-0.410.77-0.05-0.26-0.44-0.27-0.36-0.4-0.220.37-0.040.14-0.27-0.46-0.430.28-0.250.13-0.19-0.41-0.36-0.42-0.37-0.42
0.960.95-0.630.240.86-0.440.890.910.810.60.210.53-0.570.660.910.97-0.560.52-0.330.450.850.770.940.780.87
0.940.85-0.540.310.82-0.270.890.90.790.60.420.44-0.430.790.810.84-0.580.68-0.20.490.760.840.870.850.86
0.980.97-0.510.190.85-0.360.910.90.880.60.260.34-0.540.710.90.92-0.730.63-0.280.560.830.920.890.930.98
0.870.87-0.470.210.63-0.40.810.790.880.730.420.16-0.390.640.950.86-0.680.59-0.270.520.860.870.910.910.93
0.60.54-0.430.730.44-0.220.60.60.60.730.53-0.090.040.690.770.66-0.270.510.210.830.910.610.750.630.67
0.280.170.150.20.170.370.210.420.260.420.530.05-0.030.220.330.25-0.150.170.020.240.340.240.320.270.27
0.420.42-0.23-0.310.66-0.040.530.440.340.16-0.090.05-0.77-0.040.250.43-0.3-0.01-0.5-0.280.120.030.380.10.17
-0.54-0.590.180.43-0.680.14-0.57-0.43-0.54-0.390.04-0.03-0.770.08-0.4-0.510.66-0.080.630.09-0.22-0.29-0.43-0.38-0.41
0.730.64-0.450.70.55-0.270.660.790.710.640.690.22-0.040.080.680.64-0.280.790.20.710.760.820.750.780.74
0.920.93-0.570.310.7-0.460.910.810.90.950.770.330.25-0.40.680.96-0.590.58-0.270.570.950.840.970.850.94
0.950.97-0.570.220.79-0.430.970.840.920.860.660.250.43-0.510.640.96-0.580.54-0.360.480.890.780.950.790.9
-0.69-0.690.290.22-0.570.28-0.56-0.58-0.73-0.68-0.27-0.15-0.30.66-0.28-0.59-0.58-0.620.29-0.27-0.47-0.67-0.56-0.73-0.72
0.640.57-0.350.440.4-0.250.520.680.630.590.510.17-0.01-0.080.790.580.54-0.620.130.570.590.760.620.750.67
-0.32-0.410.070.6-0.290.13-0.33-0.2-0.28-0.270.210.02-0.50.630.2-0.27-0.360.290.130.3-0.04-0.14-0.22-0.14-0.24
0.50.44-0.410.780.41-0.190.450.490.560.520.830.24-0.280.090.710.570.48-0.270.570.30.770.640.550.630.61
0.840.82-0.580.550.67-0.410.850.760.830.860.910.340.12-0.220.760.950.89-0.470.59-0.040.770.780.920.790.87
0.890.85-0.470.310.64-0.360.770.840.920.870.610.240.03-0.290.820.840.78-0.670.76-0.140.640.780.810.990.96
0.930.91-0.560.380.8-0.420.940.870.890.910.750.320.38-0.430.750.970.95-0.560.62-0.220.550.920.810.850.89
0.90.86-0.470.30.69-0.370.780.850.930.910.630.270.1-0.380.780.850.79-0.730.75-0.140.630.790.990.850.95
0.960.94-0.530.240.73-0.420.870.860.980.930.670.270.17-0.410.740.940.9-0.720.67-0.240.610.870.960.890.95
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Hainan Pearl Account Relationship Matchups

Hainan Pearl fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.7B6.0B6.1B6.5B7.5B7.8B
Total Stockholder Equity2.7B2.9B3.1B3.2B3.6B3.8B
Other Liab130.0M139.5M116.2M116.6M105.0M99.7M
Accounts Payable75.4M186.7M114.2M82.5M94.8M96.2M
Cash335.5M507.1M561.0M1.5B1.8B1.9B
Other Assets85.0M56.4M49.0M51.9M59.7M88.4M
Inventory1.2B1.9B2.1B2.0B2.3B2.5B
Total Liab2.6B2.7B2.6B2.9B3.4B3.5B
Intangible Assets354.1M340.0M325.0M412.7M474.6M498.3M
Property Plant Equipment1.3B1.2B1.2B1.1B1.3B656.4M
Other Current Liab800.3M740.1M57.1M61.5M55.4M52.6M
Total Current Liabilities2.5B2.5B2.0B2.0B2.3B2.5B
Net Tangible Assets1.7B1.8B2.2B2.4B2.7B1.6B
Retained Earnings309.2M513.6M655.0M627.6M721.7M757.8M
Net Receivables92.2M367.5M77.1M115.8M104.2M154.5M
Other Current Assets830.9M164.3M781.3M334.5M384.7M515.7M
Other Stockholder Equity438.0352.2M(363.3K)(682.3K)(614.1K)(583.4K)
Deferred Long Term Liab34.7M21.0M20.5M17.4M15.6M18.7M
Short Long Term Debt1.5B1.5B1.3B1.2B1.3B1.3B
Total Current Assets3.4B3.9B4.1B4.5B5.1B3.6B
Non Current Assets Total2.3B2.2B2.0B2.0B2.3B2.1B
Non Currrent Assets Other1.5B189.7M53.5M13.2M15.2M14.4M
Short Term Investments161.3M63.5M40.4M11.0M9.9M9.4M
Non Current Liabilities Total139.5M188.9M617.6M887.3M1.0B1.1B
Net Debt1.2B1.1B1.2B318.9M287.0M272.7M
Net Invested Capital4.2B4.5B4.8B5.0B5.8B4.7B
Net Working Capital929.6M1.3B2.1B2.4B2.8B1.4B
Property Plant And Equipment Net1.2B1.1B1.1B1.1B988.1M912.5M
Property Plant And Equipment Gross1.9B2.0B1.1B1.1B988.1M1.3B

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Other Information on Investing in Hainan Stock

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