Hubei Retained Earnings vs Cash Analysis

300387 Stock

9.27 0.24 2.66%

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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Forbon Technology Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hubei Forbon's Retained Earnings and Cash is 0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Hubei Forbon Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Hubei Forbon's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Hubei Forbon Technology, which is listed under current asset account on Hubei Forbon Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hubei Forbon customers. The amounts must be unrestricted with restricted cash listed in a different Hubei Forbon account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 69.6 M, whereas Tax Provision is forecasted to decline to about 12.7 M.

	2021	2022	2023	2024 (projected)
Operating Income	72.5M	85.6M	109.9M	82.7M
Total Revenue	683.0M	847.5M	1.0B	588.4M

Operating Income Total Revenue

Hubei Forbon fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Good Will	Other Stockholder Equity	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.35	0.71	0.98	-0.93	0.98	0.87	0.84	0.88	0.87	0.72	0.93	0.58	0.91	0.77	0.95	0.94	0.88	0.78	-0.31	0.81	0.73	0.89	0.85	0.2	0.65
Other Current Liab	0.35		0.79	0.23	-0.15	0.24	0.1	0.44	0.22	0.46	0.6	0.09	0.09	0.59	0.21	0.15	0.15	-0.08	0.01	0.25	-0.15	-0.2	0.16	-0.15	0.13	-0.24
Total Current Liabilities	0.71	0.79		0.61	-0.6	0.63	0.54	0.58	0.51	0.79	0.77	0.53	0.41	0.84	0.61	0.53	0.56	0.37	0.51	0.03	0.32	0.16	0.61	0.35	0.0	0.14
Total Stockholder Equity	0.98	0.23	0.61		-0.94	0.99	0.9	0.8	0.88	0.86	0.67	0.95	0.67	0.81	0.73	0.97	0.95	0.92	0.81	-0.3	0.86	0.76	0.91	0.87	0.25	0.65
Other Liab	-0.93	-0.15	-0.6	-0.94		-0.95	-0.85	-0.72	-0.78	-0.81	-0.74	-0.93	-0.6	-0.76	-0.7	-0.89	-0.93	-0.87	-0.83	0.39	-0.85	-0.7	-0.9	-0.88	-0.06	-0.67
Retained Earnings	0.98	0.24	0.63	0.99	-0.95		0.88	0.79	0.86	0.84	0.71	0.97	0.58	0.84	0.71	0.94	0.98	0.91	0.79	-0.37	0.83	0.74	0.91	0.88	0.18	0.68
Accounts Payable	0.87	0.1	0.54	0.9	-0.85	0.88		0.54	0.74	0.69	0.49	0.9	0.79	0.68	0.75	0.91	0.86	0.88	0.84	-0.25	0.84	0.68	0.84	0.86	0.07	0.52
Cash	0.84	0.44	0.58	0.8	-0.72	0.79	0.54		0.73	0.71	0.68	0.71	0.25	0.82	0.61	0.73	0.68	0.67	0.43	-0.27	0.59	0.68	0.56	0.6	0.22	0.62
Other Assets	0.88	0.22	0.51	0.88	-0.78	0.86	0.74	0.73		0.73	0.55	0.8	0.6	0.75	0.58	0.92	0.85	0.87	0.63	-0.44	0.83	0.78	0.79	0.77	0.6	0.63
Long Term Debt	0.87	0.46	0.79	0.86	-0.81	0.84	0.69	0.71	0.73		0.73	0.74	0.57	0.8	0.75	0.78	0.8	0.65	0.75	0.0	0.58	0.42	0.84	0.62	0.25	0.38
Net Receivables	0.72	0.6	0.77	0.67	-0.74	0.71	0.49	0.68	0.55	0.73		0.64	0.27	0.73	0.54	0.52	0.65	0.41	0.42	-0.35	0.36	0.21	0.6	0.42	0.04	0.28
Inventory	0.93	0.09	0.53	0.95	-0.93	0.97	0.9	0.71	0.8	0.74	0.64		0.56	0.76	0.72	0.92	0.96	0.93	0.76	-0.47	0.83	0.76	0.87	0.92	0.06	0.69
Other Current Assets	0.58	0.09	0.41	0.67	-0.6	0.58	0.79	0.25	0.6	0.57	0.27	0.56		0.32	0.44	0.72	0.56	0.62	0.69	0.1	0.69	0.42	0.67	0.52	0.34	0.1
Total Liab	0.91	0.59	0.84	0.81	-0.76	0.84	0.68	0.82	0.75	0.8	0.73	0.76	0.32		0.72	0.77	0.79	0.68	0.61	-0.27	0.58	0.56	0.72	0.68	0.09	0.58
Intangible Assets	0.77	0.21	0.61	0.73	-0.7	0.71	0.75	0.61	0.58	0.75	0.54	0.72	0.44	0.72		0.69	0.65	0.63	0.71	-0.18	0.56	0.45	0.65	0.69	-0.06	0.47
Common Stock	0.95	0.15	0.53	0.97	-0.89	0.94	0.91	0.73	0.92	0.78	0.52	0.92	0.72	0.77	0.69		0.93	0.96	0.79	-0.32	0.91	0.82	0.88	0.89	0.34	0.65
Property Plant Equipment	0.94	0.15	0.56	0.95	-0.93	0.98	0.86	0.68	0.85	0.8	0.65	0.96	0.56	0.79	0.65	0.93		0.91	0.79	-0.42	0.82	0.73	0.91	0.9	0.19	0.69
Net Tangible Assets	0.88	-0.08	0.37	0.92	-0.87	0.91	0.88	0.67	0.87	0.65	0.41	0.93	0.62	0.68	0.63	0.96	0.91		0.77	-0.46	0.95	0.91	0.84	0.95	0.24	0.77
Good Will	0.78	0.01	0.51	0.81	-0.83	0.79	0.84	0.43	0.63	0.75	0.42	0.76	0.69	0.61	0.71	0.79	0.79	0.77		-0.08	0.81	0.57	0.91	0.85	0.01	0.6
Other Stockholder Equity	-0.31	0.25	0.03	-0.3	0.39	-0.37	-0.25	-0.27	-0.44	0.0	-0.35	-0.47	0.1	-0.27	-0.18	-0.32	-0.42	-0.46	-0.08		-0.43	-0.49	-0.23	-0.5	-0.08	-0.61
Long Term Investments	0.81	-0.15	0.32	0.86	-0.85	0.83	0.84	0.59	0.83	0.58	0.36	0.83	0.69	0.58	0.56	0.91	0.82	0.95	0.81	-0.43		0.9	0.83	0.92	0.27	0.77
Total Current Assets	0.73	-0.2	0.16	0.76	-0.7	0.74	0.68	0.68	0.78	0.42	0.21	0.76	0.42	0.56	0.45	0.82	0.73	0.91	0.57	-0.49	0.9		0.61	0.86	0.26	0.86
Treasury Stock	0.89	0.16	0.61	0.91	-0.9	0.91	0.84	0.56	0.79	0.84	0.6	0.87	0.67	0.72	0.65	0.88	0.91	0.84	0.91	-0.23	0.83	0.61		0.84	0.21	0.59
Non Current Assets Total	0.85	-0.15	0.35	0.87	-0.88	0.88	0.86	0.6	0.77	0.62	0.42	0.92	0.52	0.68	0.69	0.89	0.9	0.95	0.85	-0.5	0.92	0.86	0.84		0.05	0.86
Non Currrent Assets Other	0.2	0.13	0.0	0.25	-0.06	0.18	0.07	0.22	0.6	0.25	0.04	0.06	0.34	0.09	-0.06	0.34	0.19	0.24	0.01	-0.08	0.27	0.26	0.21	0.05		0.04
Non Current Liabilities Total	0.65	-0.24	0.14	0.65	-0.67	0.68	0.52	0.62	0.63	0.38	0.28	0.69	0.1	0.58	0.47	0.65	0.69	0.77	0.6	-0.61	0.77	0.86	0.59	0.86	0.04

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Hubei Forbon Account Relationship Matchups

Hubei Forbon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.7B	1.7B	1.7B	1.9B	1.3B
Other Current Liab	115.1M	113.5M	102.1M	111.7M	6.6M	6.3M
Total Current Liabilities	322.1M	231.1M	236.2M	290.0M	298.0M	270.1M
Total Stockholder Equity	1.2B	1.2B	1.2B	1.2B	1.3B	904.1M
Other Liab	2.4M	2.8M	2.5M	2.6M	2.4M	2.5M
Retained Earnings	503.4M	558.0M	582.9M	622.3M	636.3M	419.0M
Accounts Payable	56.5M	47.7M	42.8M	62.0M	67.4M	48.6M
Cash	235.0M	367.7M	321.8M	271.4M	285.2M	227.7M
Other Assets	27.5M	38.4M	59.7M	36.0M	41.4M	24.4M
Net Receivables	226.9M	168.2M	269.5M	238.3M	204.2M	221.5M
Inventory	119.9M	112.8M	129.4M	161.6M	165.8M	100.1M
Other Current Assets	106.5M	33.8M	21.0M	55.5M	51.7M	39.9M
Total Liab	324.5M	496.6M	483.2M	443.3M	567.8M	363.6M
Intangible Assets	52.0M	49.6M	47.0M	44.4M	84.7M	49.6M
Common Stock	289.1M	291.8M	290.7M	289.8M	332.4M	186.1M
Property Plant Equipment	203.3M	217.1M	255.9M	240.8M	276.9M	165.1M
Net Tangible Assets	656.3M	703.6M	724.1M	773.5M	889.5M	578.0M
Good Will	470.2M	477.3M	419.3M	431.1M	489.6M	486.6M
Other Stockholder Equity	8.0M	14.4M	(50.8M)	(31.5M)	(28.3M)	(26.9M)
Total Current Assets	694.0M	827.2M	778.1M	788.1M	836.9M	772.0M
Non Current Assets Total	820.6M	908.9M	904.2M	917.1M	1.1B	926.3M
Non Currrent Assets Other	12.5M	22.2M	39.9M	9.6M	3.3M	3.1M
Non Current Liabilities Total	2.4M	265.6M	247.0M	153.2M	269.9M	283.4M
Short Long Term Debt	139.6M	59.6M	59.6M	56.1M	31.2M	29.6M
Common Stock Shares Outstanding	289.1M	291.8M	290.7M	289.8M	332.4M	312.2M
Net Invested Capital	1.3B	1.6B	1.5B	1.5B	1.6B	1.5B
Net Working Capital	371.9M	596.2M	541.9M	498.0M	538.9M	469.5M
Deferred Long Term Liab	1.2M	1.7M	1.4M	3.9M	4.4M	4.7M

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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.

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Hubei Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

Hubei Forbon fundamental ratios Correlations

Hubei Forbon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hubei Forbon fundamental ratios Accounts

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Other Information on Investing in Hubei Stock

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COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Retained Earnings
Common Stock	+ 0.97	Total Stockholder Equity
Inventory	+ 0.97	Retained Earnings

Retained Earnings	- 0.95	Other Liab
Other Liab	- 0.94	Total Stockholder Equity
Property Plant Equipment	- 0.93	Other Liab
Inventory	- 0.93	Other Liab
Other Liab	- 0.93	Total Assets
Treasury Stock	- 0.9	Other Liab