Huaxi Good Will vs Other Liab Analysis

002926 Stock   8.69  0.08  0.93%   
Huaxi Securities financial indicator trend analysis is much more than just examining Huaxi Securities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huaxi Securities is a good investment. Please check the relationship between Huaxi Securities Good Will and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huaxi Securities Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Good Will vs Other Liab

Good Will vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huaxi Securities Good Will account and Other Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Huaxi Securities' Good Will and Other Liab is 0.39. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Liab in the same time period over historical financial statements of Huaxi Securities Co, assuming nothing else is changed. The correlation between historical values of Huaxi Securities' Good Will and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Huaxi Securities Co are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Good Will i.e., Huaxi Securities' Good Will and Other Liab go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Liab

Most indicators from Huaxi Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huaxi Securities 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 Huaxi Securities Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
As of December 28, 2024, Selling General Administrative is expected to decline to about 1.9 B. In addition to that, Tax Provision is expected to decline to about 20.9 M
 2023 2024 (projected)
Gross Profit1.7B1.6B
Total Revenue3.2B3.0B

Huaxi Securities fundamental ratios Correlations

0.790.950.830.390.830.810.380.880.54-0.480.930.42-0.580.6-0.860.980.860.960.870.750.810.840.890.750.92
0.790.750.750.410.760.640.770.790.88-0.480.750.77-0.650.9-0.930.740.720.820.870.780.830.750.630.810.87
0.950.750.730.510.760.660.480.810.55-0.470.960.54-0.520.63-0.810.950.780.980.890.70.840.790.890.680.85
0.830.750.73-0.070.990.920.370.930.4-0.740.680.44-0.880.51-0.780.690.960.80.860.950.660.930.830.950.95
0.390.410.51-0.070.0-0.120.380.190.580.370.610.390.270.45-0.40.54-0.020.510.36-0.030.630.050.22-0.030.17
0.830.760.760.990.00.880.410.930.44-0.730.710.52-0.870.53-0.790.690.950.840.90.970.720.940.850.960.95
0.810.640.660.92-0.120.880.190.910.26-0.720.610.17-0.820.39-0.730.70.960.70.720.770.490.810.760.770.87
0.380.770.480.370.380.410.190.430.81-0.410.450.94-0.510.87-0.670.350.360.490.610.490.620.420.30.550.48
0.880.790.810.930.190.930.910.430.47-0.670.790.45-0.830.57-0.850.780.960.870.910.840.740.860.850.830.93
0.540.880.550.40.580.440.260.810.47-0.20.540.79-0.360.95-0.790.550.390.610.670.50.740.460.370.540.6
-0.48-0.48-0.47-0.740.37-0.73-0.72-0.41-0.67-0.2-0.31-0.360.92-0.460.57-0.33-0.78-0.46-0.63-0.68-0.3-0.61-0.52-0.68-0.63
0.930.750.960.680.610.710.610.450.790.54-0.310.52-0.410.57-0.780.950.70.960.840.650.860.750.830.640.81
0.420.770.540.440.390.520.170.940.450.79-0.360.52-0.50.81-0.640.370.380.580.690.630.720.530.40.660.55
-0.58-0.65-0.52-0.880.27-0.87-0.82-0.51-0.83-0.360.92-0.41-0.5-0.540.69-0.41-0.88-0.57-0.75-0.84-0.47-0.76-0.63-0.85-0.78
0.60.90.630.510.450.530.390.870.570.95-0.460.570.81-0.54-0.850.590.520.660.750.560.730.520.440.610.67
-0.86-0.93-0.81-0.78-0.4-0.79-0.73-0.67-0.85-0.790.57-0.78-0.640.69-0.85-0.81-0.78-0.86-0.9-0.76-0.88-0.69-0.65-0.78-0.86
0.980.740.950.690.540.690.70.350.780.55-0.330.950.37-0.410.59-0.810.740.930.790.60.790.730.830.60.83
0.860.720.780.96-0.020.950.960.360.960.39-0.780.70.38-0.880.52-0.780.740.810.850.860.610.910.880.850.94
0.960.820.980.80.510.840.70.490.870.61-0.460.960.58-0.570.66-0.860.930.810.940.780.910.840.890.770.9
0.870.870.890.860.360.90.720.610.910.67-0.630.840.69-0.750.75-0.90.790.850.940.870.90.840.820.860.92
0.750.780.70.95-0.030.970.770.490.840.5-0.680.650.63-0.840.56-0.760.60.860.780.870.720.930.780.990.92
0.810.830.840.660.630.720.490.620.740.74-0.30.860.72-0.470.73-0.880.790.610.910.90.720.650.670.720.76
0.840.750.790.930.050.940.810.420.860.46-0.610.750.53-0.760.52-0.690.730.910.840.840.930.650.930.920.96
0.890.630.890.830.220.850.760.30.850.37-0.520.830.4-0.630.44-0.650.830.880.890.820.780.670.930.750.89
0.750.810.680.95-0.030.960.770.550.830.54-0.680.640.66-0.850.61-0.780.60.850.770.860.990.720.920.750.92
0.920.870.850.950.170.950.870.480.930.6-0.630.810.55-0.780.67-0.860.830.940.90.920.920.760.960.890.92
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Huaxi Securities Account Relationship Matchups

Huaxi Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.8B77.2B95.8B97.7B88.9B76.5B
Other Current Liab372.1M1.9B1.9B3.5B4.0B4.2B
Total Current Liabilities37.5B42.2B53.7B52.0B59.8B40.1B
Total Stockholder Equity19.6B21.3B22.4B22.4B22.8B19.8B
Other Liab520.5M706.2M970.3M1.0B1.2B850.9M
Net Tangible Assets19.6B21.2B22.3B22.3B25.6B19.1B
Retained Earnings8.9B10.6B11.9B12.1B7.7B9.3B
Accounts Payable322.0K15.3M23.4M24.4M141.8M148.9M
Cash20.4B39.1B50.0B49.1B47.6B31.9B
Other Assets401.9M586.9M617.4M5.7B6.5B6.9B
Net Receivables11.5B15.4B18.6B16.6B19.1B14.2B
Other Current Assets5.0B6.3B7.3B25.7B29.6B31.0B
Other Stockholder Equity49.7M21.2M(263.4M)(382.7M)(344.5M)(327.2M)
Total Liab48.1B55.9B73.4B75.3B66.1B56.6B
Long Term Investments26.2B31.4B33.0B35.8B30.8B25.1B
Total Current Assets57.3B68.5B87.1B89.7B103.2B65.0B
Intangible Assets49.5M70.0M87.4M106.2M140.4M75.1M
Property Plant Equipment599.5M598.9M753.5M741.7M852.9M699.0M
Deferred Long Term Liab68.3M74.1M63.3M66.9M76.9M63.7M
Net Invested Capital36.4B42.2B41.0B49.2B48.5B41.9B

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Other Information on Investing in Huaxi Stock

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