Hubei Long Term Investments vs Other Liab Analysis

300387 Stock   9.18  0.27  2.86%   
Hubei Forbon financial indicator trend analysis is much more than just examining Hubei Forbon Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Forbon Technology is a good investment. Please check the relationship between Hubei Forbon Long Term Investments and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Forbon Technology. 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.

Long Term Investments vs Other Liab

Long Term Investments vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Forbon Technology Long Term Investments account and Other Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Hubei Forbon's Long Term Investments and Other Liab is -0.86. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Liab in the same time period over historical financial statements of Hubei Forbon Technology, assuming nothing else is changed. The correlation between historical values of Hubei Forbon's Long Term Investments 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 Long Term Investments of Hubei Forbon Technology 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 Long Term Investments i.e., Hubei Forbon's Long Term Investments and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of Hubei Forbon balance sheet that represents investments Hubei Forbon Technology intends to hold for over a year. Hubei Forbon Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Liab

Most indicators from Hubei Forbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Forbon Technology 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 Forbon Technology. 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 68.1 M, whereas Tax Provision is forecasted to decline to about 12.7 M.
 2022 2023 2024 2025 (projected)
Operating Income85.6M109.9M126.4M82.7M
Total Revenue847.5M1.0B1.2B1.3B

Hubei Forbon fundamental ratios Correlations

0.220.710.98-0.920.990.890.850.860.860.720.940.590.920.810.950.950.90.83-0.390.820.790.870.870.070.7
0.220.720.12-0.10.12-0.040.350.180.270.54-0.040.050.430.030.090.08-0.14-0.120.3-0.19-0.280.1-0.250.18-0.31
0.710.720.63-0.620.640.550.60.530.780.780.540.430.830.590.560.590.410.52-0.030.350.240.620.39-0.050.2
0.980.120.63-0.940.990.910.810.870.840.680.950.670.840.780.970.960.940.84-0.390.870.80.90.880.120.69
-0.92-0.1-0.62-0.94-0.94-0.83-0.75-0.78-0.89-0.77-0.9-0.63-0.78-0.69-0.89-0.93-0.87-0.820.43-0.86-0.71-0.9-0.83-0.01-0.69
0.990.120.640.99-0.940.90.810.850.830.710.970.590.870.770.950.980.930.83-0.450.840.80.890.890.050.72
0.89-0.040.550.91-0.830.90.590.720.70.50.930.750.740.830.890.860.880.89-0.370.820.780.80.91-0.080.61
0.850.350.60.81-0.750.810.590.750.720.690.730.290.830.640.760.720.710.51-0.330.630.70.590.630.130.64
0.860.180.530.87-0.780.850.720.750.720.570.770.620.750.570.920.850.870.63-0.470.840.750.80.720.530.63
0.860.270.780.84-0.890.830.70.720.720.740.740.570.790.730.770.80.70.81-0.180.710.540.870.690.060.57
0.720.540.780.68-0.770.710.50.690.570.740.630.30.730.530.560.690.460.44-0.370.40.270.610.430.00.33
0.94-0.040.540.95-0.90.970.930.730.770.740.630.560.810.80.910.950.930.83-0.540.820.830.840.94-0.080.73
0.590.050.430.67-0.630.590.750.290.620.570.30.560.360.450.740.590.640.660.040.70.440.680.510.280.16
0.920.430.830.84-0.780.870.740.830.750.790.730.810.360.770.790.820.730.7-0.360.620.660.730.74-0.030.64
0.810.030.590.78-0.690.770.830.640.570.730.530.80.450.770.70.680.680.81-0.320.590.640.640.81-0.20.58
0.950.090.560.97-0.890.950.890.760.920.770.560.910.740.790.70.930.960.81-0.370.910.820.890.860.250.66
0.950.080.590.96-0.930.980.860.720.850.80.690.950.590.820.680.930.920.82-0.470.830.760.910.880.110.7
0.9-0.140.410.94-0.870.930.880.710.870.70.460.930.640.730.680.960.920.81-0.510.950.920.850.930.140.79
0.83-0.120.520.84-0.820.830.890.510.630.810.440.830.660.70.810.810.820.81-0.230.810.710.840.9-0.140.69
-0.390.3-0.03-0.390.43-0.45-0.37-0.33-0.47-0.18-0.37-0.540.04-0.36-0.32-0.37-0.47-0.51-0.23-0.47-0.55-0.29-0.560.0-0.65
0.82-0.190.350.87-0.860.840.820.630.840.710.40.820.70.620.590.910.830.950.81-0.470.870.840.870.190.79
0.79-0.280.240.8-0.710.80.780.70.750.540.270.830.440.660.640.820.760.920.71-0.550.870.610.910.060.87
0.870.10.620.9-0.90.890.80.590.80.870.610.840.680.730.640.890.910.850.84-0.290.840.610.780.130.61
0.87-0.250.390.88-0.830.890.910.630.720.690.430.940.510.740.810.860.880.930.9-0.560.870.910.78-0.110.86
0.070.18-0.050.12-0.010.05-0.080.130.530.060.0-0.080.28-0.03-0.20.250.110.14-0.140.00.190.060.13-0.11-0.09
0.7-0.310.20.69-0.690.720.610.640.630.570.330.730.160.640.580.660.70.790.69-0.650.790.870.610.86-0.09
Click cells to compare fundamentals

Hubei Forbon Account Relationship Matchups

Hubei Forbon fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.7B1.7B1.7B1.9B2.2B1.3B
Other Current Liab113.5M102.1M111.7M6.6M7.6M7.2M
Total Current Liabilities231.1M236.2M290.0M298.0M342.7M270.1M
Total Stockholder Equity1.2B1.2B1.2B1.3B1.5B904.1M
Other Liab2.4M2.8M2.5M2.6M2.4M2.5M
Retained Earnings558.0M582.9M622.3M636.3M731.7M419.0M
Accounts Payable47.7M42.8M62.0M67.4M77.5M48.6M
Cash367.7M321.8M271.4M285.2M328.0M227.7M
Other Assets27.5M38.4M59.7M36.0M41.4M24.4M
Net Receivables168.2M269.5M238.3M204.2M234.9M221.5M
Inventory112.8M129.4M161.6M165.8M190.6M100.1M
Other Current Assets33.8M21.0M55.5M51.7M59.4M39.9M
Total Liab496.6M483.2M443.3M567.8M653.0M363.6M
Intangible Assets49.6M47.0M44.4M84.7M97.4M49.6M
Common Stock289.1M291.8M290.7M289.8M332.4M186.1M
Property Plant Equipment203.3M217.1M255.9M240.8M276.9M165.1M
Net Tangible Assets656.3M703.6M724.1M773.5M889.5M578.0M
Good Will477.3M419.3M431.1M489.6M563.1M486.6M
Other Stockholder Equity8.0M14.4M(50.8M)(31.5M)(28.3M)(26.9M)
Total Current Assets827.2M778.1M788.1M836.9M962.4M772.0M
Non Current Assets Total908.9M904.2M917.1M1.1B1.3B926.3M
Non Currrent Assets Other22.2M39.9M9.6M3.3M2.9M2.8M
Non Current Liabilities Total265.6M247.0M153.2M269.9M310.4M325.9M
Short Long Term Debt59.6M59.6M56.1M31.2M28.1M26.7M
Common Stock Shares Outstanding289.1M291.8M290.7M289.8M332.4M312.2M
Net Invested Capital1.6B1.5B1.5B1.6B1.9B1.5B
Net Working Capital596.2M541.9M498.0M538.9M619.8M469.5M
Deferred Long Term Liab1.2M1.7M1.4M3.9M4.4M4.7M
Property Plant And Equipment Net217.1M255.9M240.6M360.4M414.5M281.0M
Property Plant And Equipment Gross326.8M385.8M391.4M554.9M638.1M429.3M

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Other Information on Investing in Hubei Stock

Balance Sheet is a snapshot of the financial position of Hubei Forbon Technology at a specified time, usually calculated after every quarter, six months, or one year. Hubei Forbon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Forbon 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.