Hunan Property Plant Equipment vs Intangible Assets Analysis

002096 Stock   12.26  0.12  0.99%   
Hunan Nanling financial indicator trend analysis is much more than just examining Hunan Nanling Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Nanling Industrial is a good investment. Please check the relationship between Hunan Nanling Property Plant Equipment and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Nanling Industrial. 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.

Property Plant Equipment vs Intangible Assets

Property Plant Equipment vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Nanling Industrial Property Plant Equipment account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hunan Nanling's Property Plant Equipment and Intangible Assets is 0.23. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Hunan Nanling Industrial, assuming nothing else is changed. The correlation between historical values of Hunan Nanling's Property Plant Equipment and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Hunan Nanling Industrial are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Property Plant Equipment i.e., Hunan Nanling's Property Plant Equipment and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Hunan Nanling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Nanling 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 Hunan Nanling Industrial. 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.
The current year's Tax Provision is expected to grow to about 150.5 M, whereas Selling General Administrative is forecasted to decline to about 247 M.
 2021 2022 2023 2024 (projected)
Operating Income119.8M114.2M846.2M888.5M
Total Revenue1.9B2.3B8.4B8.8B

Hunan Nanling fundamental ratios Correlations

0.790.870.990.940.950.970.890.860.55-0.030.920.930.340.270.63-0.13-0.890.93-0.81-0.47-0.5-0.56-0.060.960.53
0.790.730.750.740.70.760.70.540.680.140.80.670.310.360.760.17-0.640.67-0.68-0.42-0.61-0.51-0.040.70.48
0.870.730.780.910.910.790.750.910.620.330.980.870.50.380.59-0.21-0.640.67-0.87-0.72-0.21-0.740.410.780.8
0.990.750.780.90.910.980.870.80.47-0.120.840.90.260.20.56-0.08-0.920.97-0.73-0.35-0.54-0.46-0.20.960.4
0.940.740.910.90.880.860.850.890.540.090.940.950.540.460.65-0.19-0.740.78-0.79-0.6-0.35-0.650.150.820.63
0.950.70.910.910.880.940.860.880.470.10.930.910.280.170.54-0.18-0.830.88-0.81-0.5-0.36-0.560.070.940.6
0.970.760.790.980.860.940.830.760.4-0.020.840.870.190.130.51-0.04-0.910.96-0.7-0.31-0.49-0.4-0.190.970.39
0.890.70.750.870.850.860.830.80.51-0.120.850.870.280.30.78-0.24-0.80.84-0.83-0.57-0.55-0.69-0.010.850.62
0.860.540.910.80.890.880.760.80.540.140.90.890.420.240.49-0.3-0.690.72-0.89-0.73-0.2-0.770.350.80.77
0.550.680.620.470.540.470.40.510.54-0.120.660.550.460.390.73-0.28-0.390.41-0.75-0.57-0.57-0.660.210.470.59
-0.030.140.33-0.120.090.1-0.02-0.120.14-0.120.2-0.060.110.09-0.110.260.18-0.22-0.09-0.340.44-0.210.64-0.090.38
0.920.80.980.840.940.930.840.850.90.660.20.910.480.40.72-0.24-0.710.75-0.91-0.72-0.35-0.770.30.840.78
0.930.670.870.90.950.910.870.870.890.55-0.060.910.370.230.63-0.3-0.80.84-0.82-0.56-0.42-0.640.080.880.61
0.340.310.50.260.540.280.190.280.420.460.110.480.370.90.44-0.360.040.05-0.32-0.42-0.01-0.440.370.110.45
0.270.360.380.20.460.170.130.30.240.390.090.40.230.90.57-0.280.070.01-0.25-0.42-0.05-0.420.310.040.41
0.630.760.590.560.650.540.510.780.490.73-0.110.720.630.440.57-0.29-0.460.48-0.72-0.62-0.58-0.710.110.510.62
-0.130.17-0.21-0.08-0.19-0.18-0.04-0.24-0.3-0.280.26-0.24-0.3-0.36-0.28-0.290.09-0.110.340.420.010.41-0.33-0.16-0.41
-0.89-0.64-0.64-0.92-0.74-0.83-0.91-0.8-0.69-0.390.18-0.71-0.80.040.07-0.460.09-0.950.680.250.540.340.29-0.93-0.28
0.930.670.670.970.780.880.960.840.720.41-0.220.750.840.050.010.48-0.11-0.95-0.69-0.26-0.58-0.38-0.30.980.32
-0.81-0.68-0.87-0.73-0.79-0.81-0.7-0.83-0.89-0.75-0.09-0.91-0.82-0.32-0.25-0.720.340.68-0.690.830.390.89-0.37-0.78-0.86
-0.47-0.42-0.72-0.35-0.6-0.5-0.31-0.57-0.73-0.57-0.34-0.72-0.56-0.42-0.42-0.620.420.25-0.260.830.030.97-0.77-0.38-0.97
-0.5-0.61-0.21-0.54-0.35-0.36-0.49-0.55-0.2-0.570.44-0.35-0.42-0.01-0.05-0.580.010.54-0.580.390.030.210.49-0.52-0.06
-0.56-0.51-0.74-0.46-0.65-0.56-0.4-0.69-0.77-0.66-0.21-0.77-0.64-0.44-0.42-0.710.410.34-0.380.890.970.21-0.63-0.48-0.96
-0.06-0.040.41-0.20.150.07-0.19-0.010.350.210.640.30.080.370.310.11-0.330.29-0.3-0.37-0.770.49-0.63-0.140.74
0.960.70.780.960.820.940.970.850.80.47-0.090.840.880.110.040.51-0.16-0.930.98-0.78-0.38-0.52-0.48-0.140.46
0.530.480.80.40.630.60.390.620.770.590.380.780.610.450.410.62-0.41-0.280.32-0.86-0.97-0.06-0.960.740.46
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Hunan Nanling Account Relationship Matchups

Hunan Nanling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.0B3.9B3.5B10.5B11.0B
Other Current Liab214.2M386.0M419.8M260.4M480.3M504.4M
Total Current Liabilities1.4B1.3B1.6B1.1B2.4B2.5B
Total Stockholder Equity2.0B2.0B1.8B1.9B7.0B7.3B
Retained Earnings1.1B1.1B863.7M900.4M1.8B1.9B
Accounts Payable279.7M294.6M280.9M320.3M1.1B1.2B
Cash509.7M709.8M481.4M494.4M2.7B2.8B
Long Term Debt55.9M125.3M45.5M135.5M212M222.6M
Net Receivables813.1M330.4M584.5M714.6M1.3B1.4B
Inventory260.8M267.9M816.6M342.9M454.2M476.9M
Other Current Assets238.5M177.3M111.1M122.7M67.3M121.9M
Total Liab1.6B1.9B2.0B1.6B3.2B3.4B
Intangible Assets379.0M369.2M352.8M345.9M990.8M1.0B
Property Plant Equipment1.1B1.6B1.2B1.1B1.3B816.6M
Other Liab121.2M465.3M338.5M294.2M338.3M355.2M
Other Assets39.2M57.4M97.0M84.4M75.9M96.1M
Good Will14.2M12.3M13.4M13.6M861.8M904.8M
Net Tangible Assets1.6B1.6B1.5B1.5B1.4B1.3B
Other Stockholder Equity28.0M23.6M52.3M82.1M73.9M60.4M
Deferred Long Term Liab4.5M4.6M4.1M4.3M3.9M3.9M
Short Long Term Debt915M601.7M658.8M400.4M67.3M63.9M
Total Current Assets1.8B1.6B2.0B1.7B5.8B6.1B
Non Current Assets Total1.9B2.3B1.9B1.8B4.7B2.5B
Non Currrent Assets Other84.7M43.3M33.3M31.9M32.6M58.0M
Non Current Liabilities Total177.1M591.1M386.3M432.4M792.3M401.2M
Net Debt460.4M17.2M222.8M41.5M37.4M35.5M
Net Invested Capital3.0B2.8B2.6B2.4B7.3B3.8B
Net Working Capital376.6M323.7M374.7M557.1M3.4B3.5B

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Other Information on Investing in Hunan Stock

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