Hubei Investments vs Net Borrowings Analysis

002861 Stock   14.09  0.73  4.93%   
Hubei Yingtong financial indicator trend analysis is much more than just examining Hubei Yingtong Telec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Yingtong Telec is a good investment. Please check the relationship between Hubei Yingtong Investments and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Yingtong Telecommunication. 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.

Investments vs Net Borrowings

Investments vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Yingtong Telec Investments account and Net Borrowings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Yingtong's Investments and Net Borrowings is 0.44. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Hubei Yingtong Telecommunication, assuming nothing else is changed. The correlation between historical values of Hubei Yingtong's Investments and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Hubei Yingtong Telecommunication are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Investments i.e., Hubei Yingtong's Investments and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Hubei Yingtong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Yingtong Telec 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 Hubei Yingtong Telecommunication. 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 6.2 M, whereas Selling General Administrative is forecasted to decline to about 49.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit127.8M136.8M123.1M164.5M
Total Revenue724.9M754.2M867.4M971.5M

Hubei Yingtong fundamental ratios Correlations

0.20.90.90.920.86-0.30.940.370.940.20.840.240.820.490.840.480.940.580.890.890.930.9-0.480.87-0.85
0.20.540.340.040.280.470.40.250.020.010.090.88-0.260.780.58-0.230.060.750.39-0.030.0-0.060.28-0.19-0.18
0.90.540.820.790.76-0.160.980.330.80.220.770.530.640.680.880.380.840.790.850.730.750.73-0.390.68-0.82
0.90.340.820.710.980.020.840.570.720.180.670.460.590.670.960.20.70.730.980.670.760.65-0.390.63-0.68
0.920.040.790.710.66-0.580.830.080.98-0.040.74-0.040.880.180.620.470.970.310.680.960.980.98-0.510.89-0.9
0.860.280.760.980.66-0.030.790.60.660.140.580.420.550.610.920.150.640.670.970.590.730.6-0.40.58-0.62
-0.30.47-0.160.02-0.58-0.03-0.220.5-0.520.4-0.140.62-0.630.590.15-0.22-0.520.390.04-0.53-0.56-0.60.54-0.50.57
0.940.40.980.840.830.79-0.220.360.860.290.840.450.720.630.860.460.890.740.870.780.80.79-0.430.77-0.83
0.370.250.330.570.080.60.50.360.090.630.390.470.040.660.560.340.160.430.67-0.020.080.040.120.190.13
0.940.020.80.720.980.66-0.520.860.090.10.840.00.90.250.630.550.990.370.680.980.960.99-0.50.93-0.9
0.20.010.220.18-0.040.140.40.290.630.10.620.240.150.50.210.730.190.310.290.0-0.10.030.010.310.16
0.840.090.770.670.740.58-0.140.840.390.840.620.190.760.510.630.80.870.520.690.770.690.78-0.360.88-0.63
0.240.880.530.46-0.040.420.620.450.470.00.240.19-0.260.90.66-0.190.030.870.51-0.07-0.03-0.120.28-0.16-0.08
0.82-0.260.640.590.880.55-0.630.720.040.90.150.76-0.260.030.450.610.90.190.560.890.870.9-0.760.95-0.82
0.490.780.680.670.180.610.590.630.660.250.50.510.90.030.820.140.280.930.730.160.170.130.110.15-0.23
0.840.580.880.960.620.920.150.860.560.630.210.630.660.450.820.140.630.880.960.570.650.55-0.270.5-0.65
0.48-0.230.380.20.470.15-0.220.460.340.550.730.8-0.190.610.140.140.630.020.290.460.360.54-0.220.73-0.24
0.940.060.840.70.970.64-0.520.890.160.990.190.870.030.90.280.630.630.380.70.940.930.97-0.490.94-0.87
0.580.750.790.730.310.670.390.740.430.370.310.520.870.190.930.880.020.380.750.310.330.24-0.150.24-0.46
0.890.390.850.980.680.970.040.870.670.680.290.690.510.560.730.960.290.70.750.60.710.61-0.360.62-0.62
0.89-0.030.730.670.960.59-0.530.78-0.020.980.00.77-0.070.890.160.570.460.940.310.60.960.98-0.50.9-0.9
0.930.00.750.760.980.73-0.560.80.080.96-0.10.69-0.030.870.170.650.360.930.330.710.960.96-0.540.87-0.91
0.9-0.060.730.650.980.6-0.60.790.040.990.030.78-0.120.90.130.550.540.970.240.610.980.96-0.480.92-0.88
-0.480.28-0.39-0.39-0.51-0.40.54-0.430.12-0.50.01-0.360.28-0.760.11-0.27-0.22-0.49-0.15-0.36-0.5-0.54-0.48-0.610.6
0.87-0.190.680.630.890.58-0.50.770.190.930.310.88-0.160.950.150.50.730.940.240.620.90.870.92-0.61-0.74
-0.85-0.18-0.82-0.68-0.9-0.620.57-0.830.13-0.90.16-0.63-0.08-0.82-0.23-0.65-0.24-0.87-0.46-0.62-0.9-0.91-0.880.6-0.74
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Hubei Yingtong Account Relationship Matchups

Hubei Yingtong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B1.7B1.6B1.6B1.9B1.6B
Other Current Liab25.4M23.2M15.1M75.4K67.8K64.4K
Total Current Liabilities353.3M288.1M254.9M302.7M348.0M296.4M
Total Stockholder Equity1.1B1.0B917.6M844.0M970.6M1.0B
Other Liab8.5M10.8M13.5M14.2M16.3M11.4M
Net Tangible Assets876.3M899.3M799.7M744.1M855.7M887.0M
Retained Earnings557.4M476.0M358.4M219.1M197.2M353.5M
Accounts Payable255.6M193.9M169.0M222.2M255.6M202.4M
Cash419.7M189.4M146.6M149.6M134.7M178.1M
Non Current Assets Total729.6M852.3M892.2M930.1M1.1B696.4M
Non Currrent Assets Other61.3M8.2M9.6M7.9M9.0M17.1M
Other Assets41.4M82.7M51.3M48.2M55.4M43.4M
Net Receivables268.4M236.3M158.4M192.8M173.5M190.2M
Non Current Liabilities Total332.6M347.1M412.4M496.6M571.0M599.6M
Inventory216.0M136.6M104.3M85.3M76.7M113.6M
Other Current Assets23.8M19.3M15.3M12.4M14.3M19.4M
Other Stockholder Equity(93.1K)3.5M970.0K1.6M1.8M993.5K
Total Liab685.9M635.3M667.3M799.2M919.1M526.1M
Deferred Long Term Liab10.3M8.2M6.3M3.2M3.6M6.9M
Total Current Assets1.0B815.1M692.7M713.1M820.1M864.0M
Intangible Assets103.8M160.4M154.3M147.9M170.1M120.0M
Property Plant Equipment329.3M441.1M532.6M634.5M729.7M418.7M
Common Stock Shares Outstanding158.3M156.8M155.6M155.6M140.0M126.3M
Net Invested Capital1.4B1.4B1.3B1.3B1.5B1.4B
Net Working Capital678.1M527.0M437.8M410.5M369.4M436.2M
Capital Stock121.8M155.5M155.6M155.6M178.9M152.9M
Property Plant And Equipment Net441.1M532.6M634.5M718.9M826.7M584.4M
Long Term Debt321.8M318.5M387.2M469.3M539.7M339.8M
Short Term Investments95.1M233.5M263.2M261.9M301.2M213.8M
Property Plant And Equipment Gross593.7M721.1M634.5M986.7M1.1B745.3M

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Other Information on Investing in Hubei Stock

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