Hainan Research Development vs Other Operating Expenses 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 Research Development and its Other Operating Expenses 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.

Research Development vs Other Operating Expenses

Research Development vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Pearl River Research Development account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hainan Pearl's Research Development and Other Operating Expenses is -0.13. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Other Operating Expenses 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 Research Development and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Hainan Pearl River are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Research Development i.e., Hainan Pearl's Research Development and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hainan Pearl River. It is also known as Hainan Pearl overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.