Hengli Net Receivables vs Inventory Analysis

000622 Stock

2.36 0.01 0.42%

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

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hengli Industrial Net Receivables account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hengli Industrial's Net Receivables and Inventory is -0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Hengli Industrial Development, assuming nothing else is changed. The correlation between historical values of Hengli Industrial's Net Receivables and Inventory 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 Receivables of Hengli Industrial Development are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Hengli Industrial's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Inventory

Most indicators from Hengli Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hengli Industrial 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 Hengli Industrial 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.

As of December 11, 2024, Selling General Administrative is expected to decline to about 5.9 M. The current year's Tax Provision is expected to grow to about (813.1 K)

	2021	2023	2024 (projected)
Research Development	1.6M	2.6M	1.4M
Minority Interest	24.6K	28.3K	26.9K

Research Development Minority Interest

Hengli Industrial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Other Assets	Other Liab
Total Assets		-0.64	0.46	0.04	0.7	-0.06	-0.26	-0.75	-0.63	0.59	0.71	0.14	0.4	0.7	0.29	0.1	-0.56	0.08	0.51	0.06	0.82	-0.5	0.77	0.06	0.04	0.32
Short Long Term Debt Total	-0.64		-0.5	0.66	-0.94	0.48	0.84	0.77	0.38	0.01	-0.6	0.16	-0.36	-0.61	-0.16	-0.29	0.52	-0.3	-0.49	0.63	-0.69	0.92	-0.78	0.08	0.18	-0.57
Other Current Liab	0.46	-0.5		0.04	0.32	-0.35	-0.58	-0.59	-0.19	0.19	0.55	-0.1	0.82	0.59	-0.03	0.13	-0.03	0.13	0.71	0.11	0.5	-0.35	0.33	0.01	-0.01	0.42
Total Current Liabilities	0.04	0.66	0.04		-0.64	0.3	0.78	0.2	-0.18	0.57	-0.01	0.19	0.08	-0.01	-0.1	-0.44	0.19	-0.15	0.07	0.97	-0.08	0.82	-0.29	0.3	0.4	-0.38
Total Stockholder Equity	0.7	-0.94	0.32	-0.64		-0.34	-0.71	-0.77	-0.32	0.07	0.62	-0.11	0.18	0.62	0.27	0.2	-0.5	0.18	0.35	-0.64	0.72	-0.91	0.81	-0.16	-0.21	0.41
Property Plant And Equipment Net	-0.06	0.48	-0.35	0.3	-0.34		0.4	0.42	0.16	0.36	-0.35	0.75	-0.21	-0.39	-0.2	0.14	0.3	-0.36	-0.12	0.33	-0.51	0.3	-0.27	0.3	0.32	-0.28
Current Deferred Revenue	-0.26	0.84	-0.58	0.78	-0.71	0.4		0.5	-0.01	0.26	-0.31	0.19	-0.4	-0.34	-0.06	-0.43	0.18	-0.17	-0.37	0.72	-0.36	0.88	-0.42	0.22	0.3	-0.52
Net Debt	-0.75	0.77	-0.59	0.2	-0.77	0.42	0.5		0.33	-0.31	-0.97	0.21	-0.34	-0.97	0.04	0.19	0.29	-0.18	-0.72	0.25	-0.82	0.6	-0.67	-0.14	-0.16	-0.2
Retained Earnings	-0.63	0.38	-0.19	-0.18	-0.32	0.16	-0.01	0.33		-0.46	-0.27	-0.18	-0.18	-0.29	-0.29	-0.07	0.83	-0.25	-0.35	-0.21	-0.47	0.1	-0.76	-0.2	-0.08	-0.48
Accounts Payable	0.59	0.01	0.19	0.57	0.07	0.36	0.26	-0.31	-0.46		0.4	0.27	0.05	0.41	0.03	-0.4	-0.15	-0.05	0.36	0.5	0.37	0.17	0.32	0.38	0.44	-0.26
Cash	0.71	-0.6	0.55	-0.01	0.62	-0.35	-0.31	-0.97	-0.27	0.4		-0.19	0.29	0.99	-0.11	-0.34	-0.17	0.13	0.72	-0.08	0.78	-0.42	0.55	0.21	0.27	0.05
Non Current Assets Total	0.14	0.16	-0.1	0.19	-0.11	0.75	0.19	0.21	-0.18	0.27	-0.19		0.02	-0.24	-0.18	0.23	0.14	-0.31	0.12	0.28	-0.44	0.17	0.11	0.54	0.49	0.16
Non Currrent Assets Other	0.4	-0.36	0.82	0.08	0.18	-0.21	-0.4	-0.34	-0.18	0.05	0.29	0.02		0.36	-0.09	0.41	-0.06	0.32	0.56	0.23	0.36	-0.25	0.23	0.0	-0.05	0.6
Cash And Short Term Investments	0.7	-0.61	0.59	-0.01	0.62	-0.39	-0.34	-0.97	-0.29	0.41	0.99	-0.24	0.36		-0.13	-0.33	-0.19	0.21	0.74	-0.07	0.81	-0.43	0.56	0.17	0.23	0.06
Net Receivables	0.29	-0.16	-0.03	-0.1	0.27	-0.2	-0.06	0.04	-0.29	0.03	-0.11	-0.18	-0.09	-0.13		0.23	-0.48	-0.42	-0.34	-0.05	0.36	-0.18	0.32	-0.49	-0.48	0.24
Non Current Liabilities Total	0.1	-0.29	0.13	-0.44	0.2	0.14	-0.43	0.19	-0.07	-0.4	-0.34	0.23	0.41	-0.33	0.23		-0.32	0.06	-0.08	-0.24	-0.07	-0.45	0.13	-0.31	-0.45	0.74
Inventory	-0.56	0.52	-0.03	0.19	-0.5	0.3	0.18	0.29	0.83	-0.15	-0.17	0.14	-0.06	-0.19	-0.48	-0.32		-0.32	-0.09	0.15	-0.57	0.39	-0.74	0.25	0.39	-0.53
Other Current Assets	0.08	-0.3	0.13	-0.15	0.18	-0.36	-0.17	-0.18	-0.25	-0.05	0.13	-0.31	0.32	0.21	-0.42	0.06	-0.32		0.14	-0.13	0.25	-0.21	0.25	-0.1	-0.21	0.25
Other Stockholder Equity	0.51	-0.49	0.71	0.07	0.35	-0.12	-0.37	-0.72	-0.35	0.36	0.72	0.12	0.56	0.74	-0.34	-0.08	-0.09	0.14		0.09	0.42	-0.27	0.44	0.52	0.47	0.31
Total Liab	0.06	0.63	0.11	0.97	-0.64	0.33	0.72	0.25	-0.21	0.5	-0.08	0.28	0.23	-0.07	-0.05	-0.24	0.15	-0.13	0.09		-0.11	0.78	-0.25	0.27	0.33	-0.18
Total Current Assets	0.82	-0.69	0.5	-0.08	0.72	-0.51	-0.36	-0.82	-0.47	0.37	0.78	-0.44	0.36	0.81	0.36	-0.07	-0.57	0.25	0.42	-0.11		-0.55	0.67	-0.23	-0.22	0.22
Short Term Debt	-0.5	0.92	-0.35	0.82	-0.91	0.3	0.88	0.6	0.1	0.17	-0.42	0.17	-0.25	-0.43	-0.18	-0.45	0.39	-0.21	-0.27	0.78	-0.55		-0.59	0.29	0.37	-0.47
Common Stock	0.77	-0.78	0.33	-0.29	0.81	-0.27	-0.42	-0.67	-0.76	0.32	0.55	0.11	0.23	0.56	0.32	0.13	-0.74	0.25	0.44	-0.25	0.67	-0.59		0.07	-0.04	0.56
Intangible Assets	0.06	0.08	0.01	0.3	-0.16	0.3	0.22	-0.14	-0.2	0.38	0.21	0.54	0.0	0.17	-0.49	-0.31	0.25	-0.1	0.52	0.27	-0.23	0.29	0.07		0.97	-0.01
Other Assets	0.04	0.18	-0.01	0.4	-0.21	0.32	0.3	-0.16	-0.08	0.44	0.27	0.49	-0.05	0.23	-0.48	-0.45	0.39	-0.21	0.47	0.33	-0.22	0.37	-0.04	0.97		-0.2
Other Liab	0.32	-0.57	0.42	-0.38	0.41	-0.28	-0.52	-0.2	-0.48	-0.26	0.05	0.16	0.6	0.06	0.24	0.74	-0.53	0.25	0.31	-0.18	0.22	-0.47	0.56	-0.01	-0.2

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Hengli Industrial Account Relationship Matchups

Hengli Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	316.4M	387.8M	342.9M	326.9M	395.9M	391.7M
Other Current Liab	21.4M	10.0M	1.7M	30.3M	1.5M	1.5M
Total Current Liabilities	69.7M	142.5M	96.4M	91.0M	147.6M	173.4M
Total Stockholder Equity	202.6M	205.8M	207.6M	194.3M	182.8M	104.7M
Property Plant And Equipment Net	17.2M	15.2M	13.6M	23.1M	73.7M	56.9M
Net Debt	(74.0M)	(86.9M)	(136.5M)	(36.3M)	(4.6M)	(4.3M)
Retained Earnings	(420.2M)	(417.0M)	(415.2M)	(428.5M)	(440.0M)	(418.0M)
Accounts Payable	40.6M	44.8M	32.6M	28.1M	59.6M	51.4M
Cash	80.4M	103.5M	146.0M	48.7M	40.6M	38.5M
Non Current Assets Total	19.6M	18.1M	28.7M	117.6M	171.8M	88.6M
Non Currrent Assets Other	687.1K	832.7K	869.3K	408.5K	3.5M	3.3M
Cash And Short Term Investments	89.4M	103.7M	146.0M	48.7M	40.6M	38.5M
Net Receivables	193.7M	251.8M	46.5M	139.5M	167.3M	129.2M
Liabilities And Stockholders Equity	316.4M	387.8M	342.9M	326.9M	395.9M	391.7M
Inventory	13.4M	14.1M	13.3M	20.2M	14.0M	13.3M
Other Current Assets	290.3K	193.6K	108.4M	1.0M	2.3M	2.2M
Total Liab	101.5M	174.4M	128.3M	125.5M	206.1M	196.9M
Total Current Assets	296.8M	369.8M	314.2M	209.3M	224.1M	269.9M
Other Assets	924.7K	1.0	2.5M	2.8M	0.9	0.86
Short Term Investments	49K	9M	234.3K	(126.3K)	(113.7K)	(108.0K)
Property Plant Equipment	16.9M	17.2M	15.2M	13.6M	12.2M	11.6M
Net Tangible Assets	190.7M	202.6M	205.8M	195.5M	224.8M	217.0M
Deferred Long Term Liab	142.9K	687.1K	832.7K	869.3K	782.4K	701.5K
Net Invested Capital	202.6M	205.8M	217.0M	206.7M	218.8M	224.6M
Net Working Capital	227.1M	227.2M	217.8M	118.3M	76.5M	148.3M

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Other Information on Investing in Hengli Stock

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

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Hengli Net Receivables vs Inventory Analysis

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

Correlation Coefficient

Net Receivables

Inventory

Hengli Industrial fundamental ratios Correlations

Hengli Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hengli Industrial fundamental ratios Accounts

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Other Information on Investing in Hengli Stock

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Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.97	Total Current Liabilities
Other Assets	+ 0.97	Intangible Assets
Short Term Debt	+ 0.92	Short Long Term Debt Total
Short Term Debt	+ 0.88	Current Deferred Revenue
Current Deferred Revenue	+ 0.84	Short Long Term Debt Total

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Total Stockholder Equity	- 0.94	Short Long Term Debt Total
Short Term Debt	- 0.91	Total Stockholder Equity
Total Current Assets	- 0.82	Net Debt
Common Stock	- 0.78	Short Long Term Debt Total