Tianjin Cash vs Inventory Analysis

600082 Stock

3.25 0.02 0.62%

Tianjin Hi financial indicator trend analysis is much more than just breaking down Tianjin Hi Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Hi Tech is a good investment. Please check the relationship between Tianjin Hi Cash and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Hi Tech Development. 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.

Cash vs Inventory

Cash vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Hi Tech Cash account and Inventory. At this time, the significance of the direction appears to have no relationship.

The correlation between Tianjin Hi's Cash and Inventory is 0.03. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Tianjin Hi Tech Development, assuming nothing else is changed. The correlation between historical values of Tianjin Hi's Cash and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Tianjin Hi Tech Development are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., Tianjin Hi's Cash and Inventory go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Tianjin Hi Tech, which is listed under current asset account on Tianjin Hi Tech Development balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tianjin Hi customers. The amounts must be unrestricted with restricted cash listed in a different Tianjin Hi 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.

Inventory

Most indicators from Tianjin Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Hi Tech 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 Tianjin Hi Tech Development. 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 25.3 M. The current year's Tax Provision is expected to grow to about 4.6 M

	2021	2022	2023	2024 (projected)
Cost Of Revenue	798.8M	389.6M	335.2M	592.1M
Total Revenue	911.5M	493.4M	461.5M	715.1M

Cost Of Revenue Total Revenue

Tianjin Hi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Retained Earnings	Intangible Assets	Other Liab	Net Tangible Assets	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other
Total Assets		0.3	0.87	0.86	0.01	0.36	0.22	0.44	-0.33	0.1	0.92	-0.23	0.87	0.84	-0.83	0.89	-0.85	-0.19	-0.23	0.26	0.2	0.27	-0.2	0.07	-0.01	0.27
Other Current Liab	0.3		0.37	0.22	0.01	0.59	0.58	0.16	-0.41	0.28	0.08	0.43	0.3	0.21	-0.19	0.12	-0.21	-0.39	-0.43	-0.1	0.38	-0.08	-0.39	0.22	0.1	0.25
Total Current Liabilities	0.87	0.37		0.57	-0.04	0.4	0.01	0.44	-0.4	0.01	0.78	-0.2	0.94	0.56	-0.53	0.64	-0.55	-0.33	-0.3	0.21	0.44	0.23	-0.33	0.14	0.07	0.54
Total Stockholder Equity	0.86	0.22	0.57		-0.09	0.26	0.38	0.09	-0.06	0.19	0.81	-0.23	0.51	0.98	-0.97	0.95	-0.97	0.14	-0.01	0.28	-0.18	0.27	0.05	-0.18	-0.27	0.07
Accounts Payable	0.01	0.01	-0.04	-0.09		0.02	-0.01	0.52	-0.5	0.57	0.04	0.06	0.11	-0.09	0.2	-0.12	0.11	-0.51	-0.17	-0.75	0.54	-0.75	-0.4	0.67	0.84	-0.34
Cash	0.36	0.59	0.4	0.26	0.02		0.67	0.18	-0.2	0.32	0.03	0.29	0.37	0.28	-0.29	0.14	-0.32	-0.14	0.01	-0.18	0.35	-0.17	-0.14	0.11	0.22	0.14
Other Assets	0.22	0.58	0.01	0.38	-0.01	0.67		-0.1	0.01	0.31	-0.1	0.6	0.0	0.41	-0.41	0.24	-0.41	0.09	0.15	-0.04	-0.15	-0.06	0.13	-0.13	-0.09	-0.13
Long Term Debt	0.44	0.16	0.44	0.09	0.52	0.18	-0.1		-0.67	-0.03	0.47	-0.15	0.67	0.09	-0.01	0.14	-0.08	-0.67	-0.55	-0.16	0.68	-0.12	-0.61	0.77	0.69	0.02
Net Receivables	-0.33	-0.41	-0.4	-0.06	-0.5	-0.2	0.01	-0.67		-0.11	-0.33	-0.24	-0.51	-0.03	-0.06	-0.14	-0.01	0.93	0.77	0.42	-0.85	0.35	0.94	-0.74	-0.7	-0.08
Short Term Investments	0.1	0.28	0.01	0.19	0.57	0.32	0.31	-0.03	-0.11		0.03	0.03	-0.02	0.2	-0.22	0.02	-0.27	-0.09	0.13	-0.44	0.2	-0.44	0.0	0.2	0.36	-0.15
Inventory	0.92	0.08	0.78	0.81	0.04	0.03	-0.1	0.47	-0.33	0.03		-0.48	0.79	0.76	-0.76	0.87	-0.78	-0.19	-0.33	0.29	0.15	0.32	-0.24	0.14	-0.03	0.25
Other Current Assets	-0.23	0.43	-0.2	-0.23	0.06	0.29	0.6	-0.15	-0.24	0.03	-0.48		-0.16	-0.23	0.25	-0.25	0.25	-0.28	-0.06	-0.22	0.13	-0.23	-0.11	-0.07	0.16	-0.14
Total Liab	0.87	0.3	0.94	0.51	0.11	0.37	0.0	0.67	-0.51	-0.02	0.79	-0.16		0.49	-0.48	0.59	-0.51	-0.45	-0.39	0.18	0.52	0.2	-0.39	0.29	0.26	0.4
Common Stock	0.84	0.21	0.56	0.98	-0.09	0.28	0.41	0.09	-0.03	0.2	0.76	-0.23	0.49		-0.94	0.91	-0.95	0.14	0.07	0.31	-0.17	0.28	0.09	-0.17	-0.27	0.07
Property Plant Equipment	-0.83	-0.19	-0.53	-0.97	0.2	-0.29	-0.41	-0.01	-0.06	-0.22	-0.76	0.25	-0.48	-0.94		-0.91	1.0	-0.24	-0.05	-0.38	0.28	-0.38	-0.18	0.27	0.36	-0.1
Retained Earnings	0.89	0.12	0.64	0.95	-0.12	0.14	0.24	0.14	-0.14	0.02	0.87	-0.25	0.59	0.91	-0.91		-0.91	0.07	-0.12	0.33	-0.15	0.34	-0.05	-0.17	-0.29	0.1
Intangible Assets	-0.85	-0.21	-0.55	-0.97	0.11	-0.32	-0.41	-0.08	-0.01	-0.27	-0.78	0.25	-0.51	-0.95	1.0	-0.91		-0.19	-0.02	-0.31	0.22	-0.32	-0.14	0.21	0.27	-0.08
Other Liab	-0.19	-0.39	-0.33	0.14	-0.51	-0.14	0.09	-0.67	0.93	-0.09	-0.19	-0.28	-0.45	0.14	-0.24	0.07	-0.19		0.68	0.43	-0.88	0.39	0.85	-0.83	-0.76	-0.13
Net Tangible Assets	-0.23	-0.43	-0.3	-0.01	-0.17	0.01	0.15	-0.55	0.77	0.13	-0.33	-0.06	-0.39	0.07	-0.05	-0.12	-0.02	0.68		0.1	-0.58	0.0	0.84	-0.53	-0.36	-0.23
Short Long Term Debt	0.26	-0.1	0.21	0.28	-0.75	-0.18	-0.04	-0.16	0.42	-0.44	0.29	-0.22	0.18	0.31	-0.38	0.33	-0.31	0.43	0.1		-0.52	0.99	0.4	-0.54	-0.71	0.23
Total Current Assets	0.2	0.38	0.44	-0.18	0.54	0.35	-0.15	0.68	-0.85	0.2	0.15	0.13	0.52	-0.17	0.28	-0.15	0.22	-0.88	-0.58	-0.52		-0.48	-0.83	0.77	0.83	0.23
Short Term Debt	0.27	-0.08	0.23	0.27	-0.75	-0.17	-0.06	-0.12	0.35	-0.44	0.32	-0.23	0.2	0.28	-0.38	0.34	-0.32	0.39	0.0	0.99	-0.48		0.33	-0.5	-0.69	0.24
Non Current Assets Total	-0.2	-0.39	-0.33	0.05	-0.4	-0.14	0.13	-0.61	0.94	0.0	-0.24	-0.11	-0.39	0.09	-0.18	-0.05	-0.14	0.85	0.84	0.4	-0.83	0.33		-0.72	-0.6	-0.18
Non Currrent Assets Other	0.07	0.22	0.14	-0.18	0.67	0.11	-0.13	0.77	-0.74	0.2	0.14	-0.07	0.29	-0.17	0.27	-0.17	0.21	-0.83	-0.53	-0.54	0.77	-0.5	-0.72		0.82	-0.03
Non Current Liabilities Total	-0.01	0.1	0.07	-0.27	0.84	0.22	-0.09	0.69	-0.7	0.36	-0.03	0.16	0.26	-0.27	0.36	-0.29	0.27	-0.76	-0.36	-0.71	0.83	-0.69	-0.6	0.82		-0.2
Non Current Liabilities Other	0.27	0.25	0.54	0.07	-0.34	0.14	-0.13	0.02	-0.08	-0.15	0.25	-0.14	0.4	0.07	-0.1	0.1	-0.08	-0.13	-0.23	0.23	0.23	0.24	-0.18	-0.03	-0.2

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Tianjin Hi Account Relationship Matchups

Tianjin Hi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.1B	2.8B	2.8B	2.9B	2.6B
Other Current Liab	154.3M	175.6M	58.0M	257.6M	1.6M	1.5M
Total Current Liabilities	916.5M	1.1B	914.8M	930.1M	1.0B	904.0M
Total Stockholder Equity	1.7B	1.7B	1.7B	1.8B	1.8B	1.5B
Accounts Payable	131.7M	75.9M	52.1M	52.7M	50.5M	48.0M
Cash	83.8M	211.8M	305.8M	155.8M	289.5M	398.3M
Other Assets	103.6M	152.0M	197.6M	145.0M	166.8M	151.3M
Long Term Debt	257M	336.1M	281.7M	70.0M	52.1M	49.5M
Net Receivables	29.3M	6.1M	66.2M	135.9M	168.9M	177.3M
Inventory	2.6B	2.3B	2.2B	2.1B	2.0B	1.8B
Other Current Assets	1.2M	140.5M	349.6K	9.1M	3.2M	3.0M
Total Liab	1.2B	1.4B	1.1B	1.0B	1.2B	1.2B
Property Plant Equipment	3.6M	3.2M	628.6K	566.4K	509.7K	484.2K
Retained Earnings	652.1M	685.2M	688.8M	588.7M	599.8M	466.5M
Intangible Assets	454.3K	377.8K	262.1K	146.5K	9.9K	9.5K
Net Tangible Assets	1.7B	1.7B	1.7B	1.7B	2.0B	1.9B
Short Long Term Debt	462M	484M	417M	499.3M	642.7M	553.7M
Total Current Assets	2.8B	2.9B	2.7B	2.5B	2.4B	2.4B
Non Current Assets Total	156.1M	201.2M	145.9M	343.5M	492.3M	517.0M
Non Currrent Assets Other	100.4M	108.1M	156.1M	45.6M	41.0M	39.0M
Non Current Liabilities Total	289.1M	294.7M	148.7M	108.3M	136.1M	217.1M
Net Debt	378.2M	272.2M	111.2M	413.5M	405.3M	323.8M
Net Invested Capital	2.2B	2.2B	2.2B	2.3B	2.5B	1.9B
Net Working Capital	1.8B	1.8B	1.8B	1.5B	1.4B	1.4B

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Other Information on Investing in Tianjin Stock

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

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Tianjin Cash vs Inventory Analysis

Cash vs Inventory

Cash vs Inventory Correlation Analysis

Correlation Coefficient

Cash

Inventory

Tianjin Hi fundamental ratios Correlations

Tianjin Hi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tianjin Hi fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Tianjin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Intangible Assets	+ 1.0	Property Plant Equipment
Short Term Debt	+ 0.99	Short Long Term Debt
Common Stock	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.95	Total Stockholder Equity
Total Liab	+ 0.94	Total Current Liabilities
Non Current Assets Total	+ 0.94	Net Receivables

Intangible Assets	- 0.97	Total Stockholder Equity
Property Plant Equipment	- 0.97	Total Stockholder Equity
Intangible Assets	- 0.95	Common Stock
Property Plant Equipment	- 0.94	Common Stock
Intangible Assets	- 0.91	Retained Earnings
Retained Earnings	- 0.91	Property Plant Equipment