Guangzhou Selling General Administrative vs Research Development Analysis

002465 Stock   12.30  0.26  2.07%   
Guangzhou Haige financial indicator trend analysis is much more than just examining Guangzhou Haige Comm latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Haige Comm is a good investment. Please check the relationship between Guangzhou Haige Selling General Administrative and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Haige Communications. 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 Research Development

Selling General Administrative vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Haige Comm Selling General Administrative account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangzhou Haige's Selling General Administrative and Research Development is -0.39. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Research Development in the same time period over historical financial statements of Guangzhou Haige Communications, assuming nothing else is changed. The correlation between historical values of Guangzhou Haige's Selling General Administrative and Research Development 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 Guangzhou Haige Communications are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Selling General Administrative i.e., Guangzhou Haige's Selling General Administrative and Research Development go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Research Development

Most indicators from Guangzhou Haige's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Haige Comm 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 Guangzhou Haige Communications. 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 Selling General Administrative is expected to grow to about 313.6 M, whereas Tax Provision is projected to grow to (20 M).
 2021 2022 2023 2024 (projected)
Operating Income789.6M796.5M770.7M487.3M
Total Revenue5.5B5.6B6.4B3.4B

Guangzhou Haige fundamental ratios Correlations

0.130.760.980.830.980.750.480.710.820.86-0.170.790.10.920.81-0.51-0.430.87-0.29-0.38-0.120.820.740.32-0.48
0.13-0.070.090.070.28-0.17-0.51-0.08-0.050.460.220.010.20.330.32-0.20.310.020.520.230.1-0.16-0.210.150.16
0.76-0.070.70.840.720.970.70.760.970.66-0.250.990.130.660.6-0.58-0.650.74-0.6-0.55-0.090.820.790.26-0.66
0.980.090.70.820.970.720.520.730.790.81-0.20.72-0.020.890.78-0.48-0.420.89-0.23-0.4-0.190.810.740.33-0.49
0.830.070.840.820.850.830.580.840.880.75-0.290.85-0.050.780.65-0.62-0.630.81-0.45-0.49-0.090.730.770.38-0.39
0.980.280.720.970.850.710.40.720.790.9-0.170.750.060.930.81-0.58-0.420.87-0.19-0.37-0.150.750.70.37-0.46
0.75-0.170.970.720.830.710.810.840.950.56-0.320.950.00.590.49-0.51-0.780.8-0.59-0.71-0.250.880.870.32-0.62
0.48-0.510.70.520.580.40.810.710.730.17-0.410.64-0.240.240.14-0.15-0.750.6-0.6-0.69-0.30.740.750.17-0.45
0.71-0.080.760.730.840.720.840.710.780.48-0.320.72-0.250.510.33-0.55-0.810.91-0.37-0.8-0.490.830.940.48-0.39
0.82-0.050.970.790.880.790.950.730.780.69-0.230.960.080.730.67-0.55-0.610.79-0.55-0.52-0.160.830.770.19-0.67
0.860.460.660.810.750.90.560.170.480.69-0.080.730.290.940.85-0.54-0.140.64-0.11-0.090.140.490.470.33-0.43
-0.170.22-0.25-0.2-0.29-0.17-0.32-0.41-0.32-0.23-0.08-0.180.76-0.210.050.470.29-0.330.310.21-0.04-0.34-0.39-0.160.26
0.790.010.990.720.850.750.950.640.720.960.73-0.180.240.720.65-0.54-0.610.72-0.56-0.51-0.070.780.740.26-0.6
0.10.20.13-0.02-0.050.060.0-0.24-0.250.080.290.760.240.120.280.240.19-0.21-0.010.220.19-0.16-0.21-0.15-0.02
0.920.330.660.890.780.930.590.240.510.730.94-0.210.720.120.91-0.56-0.180.7-0.17-0.120.070.60.510.26-0.46
0.810.320.60.780.650.810.490.140.330.670.850.050.650.280.91-0.40.010.52-0.150.070.210.460.30.11-0.54
-0.51-0.2-0.58-0.48-0.62-0.58-0.51-0.15-0.55-0.55-0.540.47-0.540.24-0.56-0.40.3-0.670.230.22-0.01-0.55-0.53-0.290.5
-0.430.31-0.65-0.42-0.63-0.42-0.78-0.75-0.81-0.61-0.140.29-0.610.19-0.180.010.3-0.640.530.890.49-0.71-0.8-0.330.16
0.870.020.740.890.810.870.80.60.910.790.64-0.330.72-0.210.70.52-0.67-0.64-0.26-0.65-0.430.920.90.42-0.5
-0.290.52-0.6-0.23-0.45-0.19-0.59-0.6-0.37-0.55-0.110.31-0.56-0.01-0.17-0.150.230.53-0.260.18-0.24-0.45-0.530.340.29
-0.380.23-0.55-0.4-0.49-0.37-0.71-0.69-0.8-0.52-0.090.21-0.510.22-0.120.070.220.89-0.650.180.74-0.7-0.75-0.550.22
-0.120.1-0.09-0.19-0.09-0.15-0.25-0.3-0.49-0.160.14-0.04-0.070.190.070.21-0.010.49-0.43-0.240.74-0.37-0.4-0.240.08
0.82-0.160.820.810.730.750.880.740.830.830.49-0.340.78-0.160.60.46-0.55-0.710.92-0.45-0.7-0.370.90.31-0.52
0.74-0.210.790.740.770.70.870.750.940.770.47-0.390.74-0.210.510.3-0.53-0.80.9-0.53-0.75-0.40.90.36-0.42
0.320.150.260.330.380.370.320.170.480.190.33-0.160.26-0.150.260.11-0.29-0.330.420.34-0.55-0.240.310.36-0.06
-0.480.16-0.66-0.49-0.39-0.46-0.62-0.45-0.39-0.67-0.430.26-0.6-0.02-0.46-0.540.50.16-0.50.290.220.08-0.52-0.42-0.06
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Guangzhou Haige Account Relationship Matchups

Guangzhou Haige fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.1B14.0B14.8B15.2B19.4B10.0B
Other Current Liab537.8M651.9M1.1B66.6M140.2M133.2M
Total Current Liabilities2.3B2.9B3.2B3.4B5.3B5.6B
Total Stockholder Equity9.6B9.9B10.3B10.7B12.9B7.0B
Other Liab318.9M569.7M515.5M495.1M569.3M597.8M
Retained Earnings2.5B2.8B3.2B2.9B3.2B1.8B
Accounts Payable1.1B1.8B2.0B2.2B3.4B3.6B
Cash1.9B2.1B2.6B2.7B4.6B4.8B
Other Assets204.6M2.3B2.4B2.4B2.8B2.9B
Net Receivables3.1B2.6B3.7B3.4B5.3B5.6B
Inventory1.7B1.9B1.9B1.6B1.6B1.3B
Other Current Assets228.6M132.7M143.0M51.6M46.8M44.5M
Total Liab3.0B3.5B3.9B4.0B5.9B6.2B
Intangible Assets241.8M217.1M194.5M327.1M308.3M381.7M
Common Stock2.3B2.3B2.3B2.3B2.7B1.4B
Property Plant Equipment1.7B1.3B1.3B1.4B1.6B1.1B
Long Term Debt199M176M153M130M219.6M229.2M
Good Will1.3B1.2B1.2B1.1B1.1B1.0B
Net Tangible Assets6.5B8.1B8.5B9.0B10.3B7.5B
Short Term Investments931.4M1.7B1.0B332M270.5M257.0M
Deferred Long Term Liab85.8M83.7M69.8M76.1M68.5M67.2M
Total Current Assets7.9B8.8B9.4B9.4B13.2B9.3B
Non Current Assets Total5.2B5.3B5.4B5.8B6.2B5.6B
Non Currrent Assets Other42.6M1.5B185.0M137.6M229.9M302.2M
Non Current Liabilities Total768.7M691.5M660.9M565.6M615.0M511.6M
Short Long Term Debt512.3M258.1M15M319M1.3B1.3B
Net Invested Capital10.3B10.4B10.5B11.1B14.3B11.8B
Net Working Capital5.6B5.9B6.1B6.0B7.9B6.5B

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Other Information on Investing in Guangzhou Stock

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