Henan Selling General Administrative vs Discontinued Operations Analysis

000933 Stock   16.18  0.55  3.29%   
Henan Shenhuo financial indicator trend analysis is much more than just examining Henan Shenhuo Coal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Henan Shenhuo Coal is a good investment. Please check the relationship between Henan Shenhuo Selling General Administrative and its Discontinued Operations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Henan Shenhuo Coal. 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.

Selling General Administrative vs Discontinued Operations

Selling General Administrative vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henan Shenhuo Coal Selling General Administrative account and Discontinued Operations. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Henan Shenhuo's Selling General Administrative and Discontinued Operations is -0.21. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Henan Shenhuo Coal, assuming nothing else is changed. The correlation between historical values of Henan Shenhuo's Selling General Administrative and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Henan Shenhuo Coal are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Selling General Administrative i.e., Henan Shenhuo's Selling General Administrative and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Discontinued Operations

Most indicators from Henan Shenhuo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Henan Shenhuo Coal 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 Henan Shenhuo Coal. 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.
At present, Henan Shenhuo's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 511.7 M, whereas Tax Provision is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit12.3B13.4B9.9B6.6B
Research Development145.4M183.8M429.0M450.5M

Henan Shenhuo fundamental ratios Correlations

0.780.480.790.630.750.180.510.470.810.840.650.810.270.530.540.510.80.960.780.80.430.610.70.560.44
0.780.280.890.180.850.440.820.380.570.920.50.530.340.710.660.530.920.720.950.85-0.020.280.750.290.61
0.480.280.320.470.25-0.450.150.030.390.30.220.410.220.110.56-0.030.30.560.350.250.440.470.380.430.1
0.790.890.320.090.820.370.630.720.60.910.580.540.410.550.690.60.980.760.910.83-0.130.290.80.180.45
0.630.180.470.090.13-0.35-0.11-0.170.690.270.50.77-0.17-0.03-0.05-0.030.070.660.240.330.970.660.050.78-0.1
0.750.850.250.820.130.570.80.540.340.940.190.30.610.850.70.680.890.60.720.9-0.070.120.910.160.75
0.180.44-0.450.37-0.350.570.630.26-0.150.46-0.09-0.20.290.590.260.520.45-0.030.280.44-0.49-0.420.53-0.110.56
0.510.820.150.63-0.110.80.630.230.060.69-0.040.030.530.870.710.460.730.340.650.61-0.27-0.10.770.080.86
0.470.380.030.72-0.170.540.260.230.290.550.310.230.450.330.440.570.70.440.40.47-0.330.160.57-0.220.28
0.810.570.390.60.690.34-0.150.060.290.580.940.99-0.160.060.160.250.540.910.70.570.550.760.250.58-0.05
0.840.920.30.910.270.940.460.690.550.580.480.540.410.690.640.660.940.750.870.960.050.30.840.30.55
0.650.50.220.580.50.19-0.09-0.040.310.940.480.91-0.29-0.110.070.170.480.780.680.480.380.640.120.49-0.22
0.810.530.410.540.770.3-0.20.030.230.990.540.91-0.190.050.130.210.470.910.650.530.640.80.210.63-0.06
0.270.340.220.41-0.170.610.290.530.45-0.160.41-0.29-0.190.580.540.10.480.160.210.48-0.26-0.170.59-0.040.58
0.530.710.110.55-0.030.850.590.870.330.060.69-0.110.050.580.70.530.690.370.470.62-0.180.070.770.010.97
0.540.660.560.69-0.050.70.260.710.440.160.640.070.130.540.70.30.750.490.590.53-0.170.090.750.00.7
0.510.53-0.030.6-0.030.680.520.460.570.250.660.170.210.10.530.30.630.350.430.49-0.210.10.7-0.130.47
0.80.920.30.980.070.890.450.730.70.540.940.480.470.480.690.750.630.730.890.85-0.160.260.850.160.59
0.960.720.560.760.660.6-0.030.340.440.910.750.780.910.160.370.490.350.730.780.720.490.730.540.570.28
0.780.950.350.910.240.720.280.650.40.70.870.680.650.210.470.590.430.890.780.810.050.350.640.370.35
0.80.850.250.830.330.90.440.610.470.570.960.480.530.480.620.530.490.850.720.810.130.260.740.40.46
0.43-0.020.44-0.130.97-0.07-0.49-0.27-0.330.550.050.380.64-0.26-0.18-0.17-0.21-0.160.490.050.130.6-0.160.73-0.23
0.610.280.470.290.660.12-0.42-0.10.160.760.30.640.8-0.170.070.090.10.260.730.350.260.60.140.57-0.02
0.70.750.380.80.050.910.530.770.570.250.840.120.210.590.770.750.70.850.540.640.74-0.160.140.190.71
0.560.290.430.180.780.16-0.110.08-0.220.580.30.490.63-0.040.010.0-0.130.160.570.370.40.730.570.19-0.08
0.440.610.10.45-0.10.750.560.860.28-0.050.55-0.22-0.060.580.970.70.470.590.280.350.46-0.23-0.020.71-0.08
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Henan Shenhuo Account Relationship Matchups

Henan Shenhuo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.4B60.6B53.5B60.5B58.6B61.6B
Short Long Term Debt Total24.2B27.2B26.3B27.1B25.4B13.9B
Other Current Liab315.7M30.4M74.8M4.8B3.2B3.3B
Total Current Liabilities36.3B40.3B33.1B34.7B27.0B17.8B
Total Stockholder Equity7.8B7.0B9.4B16.0B19.8B20.8B
Property Plant And Equipment Net21.4B26.4B24.0B22.8B24.0B14.5B
Current Deferred Revenue2.2B3.2B5.2B238.8M432.0M410.4M
Net Debt13.9B13.0B15.8B9.2B13.3B9.1B
Accounts Payable11.8B15.9B6.6B5.9B3.0B4.8B
Cash10.3B14.2B10.5B17.9B12.0B12.6B
Non Current Assets Total33.6B40.6B37.7B36.8B39.2B20.1B
Non Currrent Assets Other2.5B3.4B2.9B4.0B2.1B2.2B
Cash And Short Term Investments10.3B14.2B10.5B17.9B14.0B14.7B
Net Receivables2.7B2.6B1.8B2.2B1.9B2.0B
Liabilities And Stockholders Equity49.4B60.6B53.5B60.5B58.6B61.6B
Non Current Liabilities Total4.3B7.9B6.1B4.6B7.0B4.8B
Inventory2.1B2.1B2.8B3.1B3.1B2.0B
Other Current Assets699.7M1.3B752.6M385.4M507.0M292.5M
Total Liab40.6B48.2B39.2B39.3B34.1B22.2B
Total Current Assets15.8B20.1B15.8B23.6B19.5B20.4B
Short Term Debt22.0B21.2B21.2B23.8B20.4B10.3B
Retained Earnings2.5B547.7M3.5B9.5B13.2B13.9B
Other Assets3.2B1.06.4B4.8B5.6B5.8B
Other Stockholder Equity2.0B2.7B2.1B2.1B2.1B1.7B
Other Liab751.5M810.3M954.6M1.4B1.6B1.6B
Long Term Debt3.5B6.0B4.9B3.2B4.9B5.0B
Short Term Investments(1.3B)(1.4B)(1.2B)9.0M2.0B2.1B
Intangible Assets4.9B4.6B4.8B5.2B5.4B3.4B
Property Plant Equipment23.4B26.4B24.0B22.8B26.2B16.7B
Net Tangible Assets(400.2M)2.3B4.6B10.8B12.4B13.1B
Deferred Long Term Liab829.4M1.0B1.2B13.9M15.9M15.1M
Short Long Term Debt18.5B17.2B18.4B21.9B14.7B18.0B
Non Current Liabilities Other448.0M571.4M549.2M921.8M1.1B1.3B
Net Invested Capital28.5B30.2B32.6B41.2B39.5B35.1B
Net Working Capital(20.5B)(20.2B)(17.3B)(11.0B)(7.6B)(8.0B)

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Other Information on Investing in Henan Stock

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