Tianjin Total Stockholder Equity vs Total Liab 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 Total Stockholder Equity and its Total Liab 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.

Total Stockholder Equity vs Total Liab

Total Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Hi Tech Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tianjin Hi's Total Stockholder Equity and Total Liab is 0.51. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab 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 Total Stockholder Equity and Total 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 Total Stockholder Equity of Tianjin Hi Tech Development are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Tianjin Hi's Total Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Revenue798.8M389.6M335.2M592.1M
Total Revenue911.5M493.4M461.5M715.1M

Tianjin Hi fundamental ratios Correlations

0.30.870.860.010.360.220.44-0.330.10.92-0.230.870.84-0.830.89-0.85-0.19-0.230.260.20.27-0.20.07-0.010.27
0.30.370.220.010.590.580.16-0.410.280.080.430.30.21-0.190.12-0.21-0.39-0.43-0.10.38-0.08-0.390.220.10.25
0.870.370.57-0.040.40.010.44-0.40.010.78-0.20.940.56-0.530.64-0.55-0.33-0.30.210.440.23-0.330.140.070.54
0.860.220.57-0.090.260.380.09-0.060.190.81-0.230.510.98-0.970.95-0.970.14-0.010.28-0.180.270.05-0.18-0.270.07
0.010.01-0.04-0.090.02-0.010.52-0.50.570.040.060.11-0.090.2-0.120.11-0.51-0.17-0.750.54-0.75-0.40.670.84-0.34
0.360.590.40.260.020.670.18-0.20.320.030.290.370.28-0.290.14-0.32-0.140.01-0.180.35-0.17-0.140.110.220.14
0.220.580.010.38-0.010.67-0.10.010.31-0.10.60.00.41-0.410.24-0.410.090.15-0.04-0.15-0.060.13-0.13-0.09-0.13
0.440.160.440.090.520.18-0.1-0.67-0.030.47-0.150.670.09-0.010.14-0.08-0.67-0.55-0.160.68-0.12-0.610.770.690.02
-0.33-0.41-0.4-0.06-0.5-0.20.01-0.67-0.11-0.33-0.24-0.51-0.03-0.06-0.14-0.010.930.770.42-0.850.350.94-0.74-0.7-0.08
0.10.280.010.190.570.320.31-0.03-0.110.030.03-0.020.2-0.220.02-0.27-0.090.13-0.440.2-0.440.00.20.36-0.15
0.920.080.780.810.040.03-0.10.47-0.330.03-0.480.790.76-0.760.87-0.78-0.19-0.330.290.150.32-0.240.14-0.030.25
-0.230.43-0.2-0.230.060.290.6-0.15-0.240.03-0.48-0.16-0.230.25-0.250.25-0.28-0.06-0.220.13-0.23-0.11-0.070.16-0.14
0.870.30.940.510.110.370.00.67-0.51-0.020.79-0.160.49-0.480.59-0.51-0.45-0.390.180.520.2-0.390.290.260.4
0.840.210.560.98-0.090.280.410.09-0.030.20.76-0.230.49-0.940.91-0.950.140.070.31-0.170.280.09-0.17-0.270.07
-0.83-0.19-0.53-0.970.2-0.29-0.41-0.01-0.06-0.22-0.760.25-0.48-0.94-0.911.0-0.24-0.05-0.380.28-0.38-0.180.270.36-0.1
0.890.120.640.95-0.120.140.240.14-0.140.020.87-0.250.590.91-0.91-0.910.07-0.120.33-0.150.34-0.05-0.17-0.290.1
-0.85-0.21-0.55-0.970.11-0.32-0.41-0.08-0.01-0.27-0.780.25-0.51-0.951.0-0.91-0.19-0.02-0.310.22-0.32-0.140.210.27-0.08
-0.19-0.39-0.330.14-0.51-0.140.09-0.670.93-0.09-0.19-0.28-0.450.14-0.240.07-0.190.680.43-0.880.390.85-0.83-0.76-0.13
-0.23-0.43-0.3-0.01-0.170.010.15-0.550.770.13-0.33-0.06-0.390.07-0.05-0.12-0.020.680.1-0.580.00.84-0.53-0.36-0.23
0.26-0.10.210.28-0.75-0.18-0.04-0.160.42-0.440.29-0.220.180.31-0.380.33-0.310.430.1-0.520.990.4-0.54-0.710.23
0.20.380.44-0.180.540.35-0.150.68-0.850.20.150.130.52-0.170.28-0.150.22-0.88-0.58-0.52-0.48-0.830.770.830.23
0.27-0.080.230.27-0.75-0.17-0.06-0.120.35-0.440.32-0.230.20.28-0.380.34-0.320.390.00.99-0.480.33-0.5-0.690.24
-0.2-0.39-0.330.05-0.4-0.140.13-0.610.940.0-0.24-0.11-0.390.09-0.18-0.05-0.140.850.840.4-0.830.33-0.72-0.6-0.18
0.070.220.14-0.180.670.11-0.130.77-0.740.20.14-0.070.29-0.170.27-0.170.21-0.83-0.53-0.540.77-0.5-0.720.82-0.03
-0.010.10.07-0.270.840.22-0.090.69-0.70.36-0.030.160.26-0.270.36-0.290.27-0.76-0.36-0.710.83-0.69-0.60.82-0.2
0.270.250.540.07-0.340.14-0.130.02-0.08-0.150.25-0.140.40.07-0.10.1-0.08-0.13-0.230.230.230.24-0.18-0.03-0.2
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Tianjin Hi Account Relationship Matchups

Tianjin Hi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.1B2.8B2.8B2.9B2.6B
Other Current Liab154.3M175.6M58.0M257.6M1.6M1.5M
Total Current Liabilities916.5M1.1B914.8M930.1M1.0B904.0M
Total Stockholder Equity1.7B1.7B1.7B1.8B1.8B1.5B
Accounts Payable131.7M75.9M52.1M52.7M50.5M48.0M
Cash83.8M211.8M305.8M155.8M289.5M398.3M
Other Assets103.6M152.0M197.6M145.0M166.8M151.3M
Long Term Debt257M336.1M281.7M70.0M52.1M49.5M
Net Receivables29.3M6.1M66.2M135.9M168.9M177.3M
Inventory2.6B2.3B2.2B2.1B2.0B1.8B
Other Current Assets1.2M140.5M349.6K9.1M3.2M3.0M
Total Liab1.2B1.4B1.1B1.0B1.2B1.2B
Property Plant Equipment3.6M3.2M628.6K566.4K509.7K484.2K
Retained Earnings652.1M685.2M688.8M588.7M599.8M466.5M
Intangible Assets454.3K377.8K262.1K146.5K9.9K9.5K
Net Tangible Assets1.7B1.7B1.7B1.7B2.0B1.9B
Short Long Term Debt462M484M417M499.3M642.7M553.7M
Total Current Assets2.8B2.9B2.7B2.5B2.4B2.4B
Non Current Assets Total156.1M201.2M145.9M343.5M492.3M517.0M
Non Currrent Assets Other100.4M108.1M156.1M45.6M41.0M39.0M
Non Current Liabilities Total289.1M294.7M148.7M108.3M136.1M217.1M
Net Debt378.2M272.2M111.2M413.5M405.3M323.8M
Net Invested Capital2.2B2.2B2.2B2.3B2.5B1.9B
Net Working Capital1.8B1.8B1.8B1.5B1.4B1.4B

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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.