Huagong Net Debt vs Property Plant Equipment Analysis

000988 Stock

40.00 0.77 1.89%

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

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huagong Tech Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Huagong Tech's Net Debt and Property Plant Equipment is -0.12. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Huagong Tech Co, assuming nothing else is changed. The correlation between historical values of Huagong Tech's Net Debt and Property Plant Equipment 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 Debt of Huagong Tech Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., Huagong Tech's Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

Most indicators from Huagong Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huagong Tech 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 Huagong Tech Co. 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 23, 2024, Selling General Administrative is expected to decline to about 59.6 M. In addition to that, Tax Provision is expected to decline to about 90.5 M

	2021	2022	2023	2024 (projected)
Gross Profit	1.7B	2.3B	2.2B	2.3B
Total Revenue	10.2B	12.0B	10.2B	10.7B

Gross Profit Total Revenue

Huagong Tech 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Other Stockholder Equity	Common Stock	Other Liab
Total Assets		0.91	0.49	0.98	0.99	0.93	0.78	-0.11	0.92	0.98	0.97	0.46	0.98	1.0	0.78	0.9	0.96	0.51	0.99	1.0	0.89	0.76	0.98	0.67	0.52	0.98
Short Long Term Debt Total	0.91		0.51	0.85	0.86	0.8	0.59	0.28	0.71	0.87	0.87	0.3	0.87	0.93	0.6	0.98	0.79	0.62	0.93	0.91	0.95	0.64	0.95	0.37	0.27	0.92
Other Current Liab	0.49	0.51		0.49	0.42	0.6	0.16	0.33	0.4	0.34	0.62	0.28	0.34	0.51	0.36	0.58	0.45	0.12	0.54	0.44	0.37	0.51	0.5	0.05	0.39	0.53
Total Current Liabilities	0.98	0.85	0.49		0.96	0.91	0.8	-0.15	0.97	0.94	0.98	0.59	0.94	0.97	0.76	0.85	0.98	0.44	0.98	0.97	0.85	0.71	0.95	0.69	0.54	0.95
Total Stockholder Equity	0.99	0.86	0.42	0.96		0.94	0.77	-0.22	0.91	0.99	0.94	0.39	0.98	0.98	0.82	0.84	0.96	0.53	0.95	0.99	0.88	0.8	0.96	0.74	0.57	0.96
Property Plant And Equipment Net	0.93	0.8	0.6	0.91	0.94		0.72	-0.17	0.85	0.9	0.93	0.37	0.9	0.92	0.82	0.79	0.92	0.43	0.9	0.92	0.79	0.91	0.91	0.65	0.7	0.9
Current Deferred Revenue	0.78	0.59	0.16	0.8	0.77	0.72		-0.38	0.82	0.8	0.74	0.53	0.8	0.74	0.61	0.64	0.84	0.2	0.77	0.78	0.54	0.52	0.75	0.61	0.41	0.72
Net Debt	-0.11	0.28	0.33	-0.15	-0.22	-0.17	-0.38		-0.33	-0.22	-0.02	-0.05	-0.23	-0.05	-0.35	0.29	-0.24	0.11	-0.01	-0.14	0.16	-0.17	-0.01	-0.63	-0.42	-0.05
Accounts Payable	0.92	0.71	0.4	0.97	0.91	0.85	0.82	-0.33		0.89	0.93	0.69	0.89	0.9	0.75	0.72	0.98	0.29	0.92	0.91	0.72	0.62	0.87	0.76	0.56	0.88
Cash	0.98	0.87	0.34	0.94	0.99	0.9	0.8	-0.22	0.89		0.89	0.33	1.0	0.97	0.79	0.85	0.93	0.57	0.94	0.99	0.88	0.74	0.97	0.7	0.49	0.96
Non Current Assets Total	0.97	0.87	0.62	0.98	0.94	0.93	0.74	-0.02	0.93	0.89		0.61	0.89	0.96	0.75	0.88	0.97	0.37	0.98	0.94	0.83	0.75	0.95	0.61	0.54	0.94
Non Currrent Assets Other	0.46	0.3	0.28	0.59	0.39	0.37	0.53	-0.05	0.69	0.33	0.61		0.34	0.43	0.3	0.36	0.61	-0.25	0.53	0.41	0.26	0.13	0.4	0.37	0.25	0.39
Cash And Short Term Investments	0.98	0.87	0.34	0.94	0.98	0.9	0.8	-0.23	0.89	1.0	0.89	0.34		0.97	0.79	0.84	0.92	0.56	0.94	0.99	0.88	0.73	0.97	0.7	0.49	0.96
Net Receivables	1.0	0.93	0.51	0.97	0.98	0.92	0.74	-0.05	0.9	0.97	0.96	0.43	0.97		0.77	0.92	0.94	0.53	0.99	0.99	0.91	0.75	0.99	0.63	0.48	0.99
Common Stock Shares Outstanding	0.78	0.6	0.36	0.76	0.82	0.82	0.61	-0.35	0.75	0.79	0.75	0.3	0.79	0.77		0.59	0.8	0.31	0.73	0.78	0.62	0.76	0.75	0.82	0.8	0.76
Non Current Liabilities Total	0.9	0.98	0.58	0.85	0.84	0.79	0.64	0.29	0.72	0.85	0.88	0.36	0.84	0.92	0.59		0.8	0.5	0.93	0.89	0.87	0.61	0.94	0.32	0.24	0.92
Inventory	0.96	0.79	0.45	0.98	0.96	0.92	0.84	-0.24	0.98	0.93	0.97	0.61	0.92	0.94	0.8	0.8		0.33	0.95	0.95	0.78	0.75	0.92	0.73	0.59	0.92
Other Current Assets	0.51	0.62	0.12	0.44	0.53	0.43	0.2	0.11	0.29	0.57	0.37	-0.25	0.56	0.53	0.31	0.5	0.33		0.47	0.55	0.71	0.39	0.5	0.37	0.21	0.49
Total Liab	0.99	0.93	0.54	0.98	0.95	0.9	0.77	-0.01	0.92	0.94	0.98	0.53	0.94	0.99	0.73	0.93	0.95	0.47		0.98	0.89	0.7	0.98	0.59	0.46	0.97
Total Current Assets	1.0	0.91	0.44	0.97	0.99	0.92	0.78	-0.14	0.91	0.99	0.94	0.41	0.99	0.99	0.78	0.89	0.95	0.55	0.98		0.9	0.75	0.98	0.68	0.5	0.98
Short Term Debt	0.89	0.95	0.37	0.85	0.88	0.79	0.54	0.16	0.72	0.88	0.83	0.26	0.88	0.91	0.62	0.87	0.78	0.71	0.89	0.9		0.67	0.91	0.49	0.35	0.88
Intangible Assets	0.76	0.64	0.51	0.71	0.8	0.91	0.52	-0.17	0.62	0.74	0.75	0.13	0.73	0.75	0.76	0.61	0.75	0.39	0.7	0.75	0.67		0.73	0.59	0.72	0.71
Retained Earnings	0.98	0.95	0.5	0.95	0.96	0.91	0.75	-0.01	0.87	0.97	0.95	0.4	0.97	0.99	0.75	0.94	0.92	0.5	0.98	0.98	0.91	0.73		0.56	0.42	0.99
Other Stockholder Equity	0.67	0.37	0.05	0.69	0.74	0.65	0.61	-0.63	0.76	0.7	0.61	0.37	0.7	0.63	0.82	0.32	0.73	0.37	0.59	0.68	0.49	0.59	0.56		0.71	0.58
Common Stock	0.52	0.27	0.39	0.54	0.57	0.7	0.41	-0.42	0.56	0.49	0.54	0.25	0.49	0.48	0.8	0.24	0.59	0.21	0.46	0.5	0.35	0.72	0.42	0.71		0.45
Other Liab	0.98	0.92	0.53	0.95	0.96	0.9	0.72	-0.05	0.88	0.96	0.94	0.39	0.96	0.99	0.76	0.92	0.92	0.49	0.97	0.98	0.88	0.71	0.99	0.58	0.45

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Huagong Tech Account Relationship Matchups

Huagong Tech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.6B	11.1B	13.9B	16.8B	17.4B	18.3B
Short Long Term Debt Total	691.8M	933.4M	1.9B	3.0B	4.4B	4.6B
Other Current Liab	169.3M	74.7M	347.4M	655.3M	574.3M	603.0M
Total Current Liabilities	3.2B	4.0B	4.9B	6.7B	5.4B	5.7B
Total Stockholder Equity	6.1B	6.6B	7.4B	8.2B	9.2B	9.6B
Property Plant And Equipment Net	1.5B	1.5B	1.7B	1.9B	2.0B	2.1B
Current Deferred Revenue	335.2M	567.5M	902.1M	475.7M	447.2M	469.6M
Net Debt	(1.9B)	(2.3B)	(1.4B)	(351.5M)	48.7M	51.2M
Accounts Payable	2.0B	2.6B	3.1B	4.1B	2.5B	2.7B
Cash	2.6B	3.2B	3.3B	3.4B	4.4B	4.6B
Non Current Assets Total	2.4B	2.6B	3.9B	5.3B	4.4B	4.6B
Non Currrent Assets Other	298.8M	202.0M	1.3B	2.3B	49.5M	47.0M
Cash And Short Term Investments	2.9B	3.3B	3.4B	3.5B	4.5B	4.7B
Net Receivables	3.1B	3.4B	4.5B	5.6B	6.2B	6.5B
Common Stock Shares Outstanding	900.4M	1.0B	1.0B	1.0B	1.2B	919.9M
Liabilities And Stockholders Equity	9.6B	11.1B	13.9B	16.8B	17.4B	18.3B
Non Current Liabilities Total	197.9M	341.8M	1.5B	1.8B	2.6B	2.7B
Inventory	1.3B	1.7B	2.0B	2.4B	1.9B	2.0B
Other Current Assets	41.4M	62.6M	20.7M	40.8M	487.5M	511.9M
Total Liab	3.4B	4.4B	6.5B	8.5B	8.0B	8.4B
Total Current Assets	7.3B	8.5B	10.0B	11.5B	13.0B	13.7B
Short Term Debt	639.8M	781.1M	584.0M	1.5B	1.9B	2.0B
Intangible Assets	319.0M	329.9M	323.0M	314.2M	400.3M	420.3M
Retained Earnings	2.4B	2.9B	3.6B	4.4B	5.3B	5.6B
Other Stockholder Equity	2.5B	2.5B	2.6B	2.6B	2.6B	1.3B
Other Liab	141.5M	184.7M	209.0M	280.2M	322.2M	338.3M
Long Term Debt	56.4M	152.3M	1.3B	1.5B	2.5B	2.6B
Short Term Investments	221.2M	87.6M	123.0M	116.1M	125.5M	131.7M
Property Plant Equipment	1.5B	1.5B	1.7B	1.9B	2.1B	2.2B
Net Tangible Assets	5.9B	6.3B	7.1B	8.0B	9.2B	6.0B
Deferred Long Term Liab	44.6M	90.3M	117.7M	97.4M	112.0M	67.3M
Short Long Term Debt	639.8M	781.1M	570.6M	739.4M	49.0M	46.6M
Net Invested Capital	6.8B	7.6B	9.2B	10.5B	11.7B	9.1B
Net Working Capital	4.1B	4.4B	5.0B	4.8B	7.6B	5.2B

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Other Information on Investing in Huagong Stock

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

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Huagong Net Debt vs Property Plant Equipment Analysis

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Net Debt

Property Plant Equipment

Huagong Tech fundamental ratios Correlations

Huagong Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huagong Tech fundamental ratios Accounts

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Other Information on Investing in Huagong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Cash	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.63	Net Debt
Common Stock	- 0.42	Net Debt
Net Debt	- 0.38	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.35	Net Debt
Accounts Payable	- 0.33	Net Debt
Other Current Assets	- 0.25	Non Currrent Assets Other