Hengli Dividends Paid vs Change To Account Receivables Analysis

600346 Stock   14.85  0.15  1.00%   
Hengli Petrochemical financial indicator trend analysis is much more than just examining Hengli Petrochemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hengli Petrochemical is a good investment. Please check the relationship between Hengli Petrochemical Dividends Paid and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hengli Petrochemical Co. 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.

Dividends Paid vs Change To Account Receivables

Dividends Paid vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hengli Petrochemical Dividends Paid account and Change To Account Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hengli Petrochemical's Dividends Paid and Change To Account Receivables is 0.36. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Hengli Petrochemical Co, assuming nothing else is changed. The correlation between historical values of Hengli Petrochemical's Dividends Paid and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Hengli Petrochemical Co are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Dividends Paid i.e., Hengli Petrochemical's Dividends Paid and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Account Receivables

Most indicators from Hengli Petrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hengli Petrochemical 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 Hengli Petrochemical Co. 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 994.6 M, whereas Tax Provision is forecasted to decline to about 2.1 B.
 2022 2023 2024 2025 (projected)
Operating Income9.8B14.6B16.8B17.7B
Total Revenue222.4B234.9B270.1B283.6B

Hengli Petrochemical fundamental ratios Correlations

0.660.991.00.960.960.970.990.020.980.941.01.00.960.990.910.950.020.670.920.940.940.980.950.660.95
0.660.670.660.590.690.760.640.090.720.510.660.690.710.710.590.630.160.540.790.790.810.730.720.570.72
0.990.670.990.950.960.980.980.020.980.940.990.990.960.990.920.970.10.70.920.940.940.970.940.640.93
1.00.660.990.970.960.960.99-0.010.980.920.990.990.960.990.90.950.030.680.930.930.930.980.950.630.94
0.960.590.950.970.860.90.93-0.180.940.910.950.950.880.950.790.88-0.040.570.890.90.880.920.910.460.88
0.960.690.960.960.860.960.960.180.960.890.960.970.980.960.970.970.110.780.910.90.930.950.910.810.93
0.970.760.980.960.90.960.960.060.980.920.980.980.950.970.910.950.040.70.910.940.950.960.930.720.93
0.990.640.980.990.930.960.960.050.960.920.990.990.960.990.920.940.010.650.910.920.920.980.950.690.95
0.020.090.02-0.01-0.180.180.060.050.0-0.190.020.010.230.050.20.120.520.410.060.050.090.140.020.320.09
0.980.720.980.980.940.960.980.960.00.930.980.980.940.980.920.940.040.680.930.940.950.950.930.70.92
0.940.510.940.920.910.890.920.92-0.190.930.940.940.840.910.880.92-0.080.60.80.840.840.850.870.620.85
1.00.660.990.990.950.960.980.990.020.980.941.00.960.990.910.950.020.670.910.940.930.980.950.660.95
1.00.690.990.990.950.970.980.990.010.980.941.00.960.990.920.960.030.680.920.940.940.980.950.680.95
0.960.710.960.960.880.980.950.960.230.940.840.960.960.970.910.960.190.820.920.920.920.970.910.690.93
0.990.710.990.990.950.960.970.990.050.980.910.990.990.970.910.960.120.70.940.950.950.990.950.650.95
0.910.590.920.90.790.970.910.920.20.920.880.910.920.910.910.950.20.720.850.840.880.890.860.840.88
0.950.630.970.950.880.970.950.940.120.940.920.950.960.960.960.950.210.810.880.890.90.930.890.690.89
0.020.160.10.03-0.040.110.040.010.520.04-0.080.020.030.190.120.20.210.360.160.090.130.130.02-0.020.03
0.670.540.70.680.570.780.70.650.410.680.60.670.680.820.70.720.810.360.70.680.690.680.660.560.67
0.920.790.920.930.890.910.910.910.060.930.80.910.920.920.940.850.880.160.70.980.980.940.970.630.96
0.940.790.940.930.90.90.940.920.050.940.840.940.940.920.950.840.890.090.680.980.990.950.990.620.98
0.940.810.940.930.880.930.950.920.090.950.840.930.940.920.950.880.90.130.690.980.990.950.980.690.97
0.980.730.970.980.920.950.960.980.140.950.850.980.980.970.990.890.930.130.680.940.950.950.940.650.95
0.950.720.940.950.910.910.930.950.020.930.870.950.950.910.950.860.890.020.660.970.990.980.940.640.99
0.660.570.640.630.460.810.720.690.320.70.620.660.680.690.650.840.69-0.020.560.630.620.690.650.640.7
0.950.720.930.940.880.930.930.950.090.920.850.950.950.930.950.880.890.030.670.960.980.970.950.990.7
Click cells to compare fundamentals

Hengli Petrochemical Account Relationship Matchups

Hengli Petrochemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets191.0B210.3B241.4B260.6B299.7B314.7B
Other Current Liab11.9B9.2B17.2B4.7B5.4B2.8B
Total Current Liabilities85.8B97.8B125.9B123.9B142.4B149.6B
Total Stockholder Equity46.9B57.2B52.9B60.0B69.0B72.4B
Retained Earnings21.9B32.0B27.2B33.1B38.1B40.0B
Accounts Payable22.8B26.7B29.5B27.6B31.7B33.3B
Cash15.7B16.0B28.1B20.5B23.5B24.7B
Long Term Debt54.9B52.1B58.3B70.6B81.2B85.3B
Net Receivables1.4B2.6B372.4M538.4M619.2M588.2M
Inventory19.7B33.6B37.8B31.3B36.0B37.8B
Other Current Assets2.4B3.1B6.5B6.8B7.8B8.2B
Total Liab144.0B153.0B188.5B200.6B230.7B242.2B
Intangible Assets7.2B7.3B8.9B9.0B10.4B10.9B
Property Plant Equipment107.4B126.0B130.6B146.1B168.0B176.4B
Other Assets7.9B5.5B6.9B9.4B10.8B11.4B
Other Liab3.0B3.2B3.0B4.3B4.9B5.1B
Short Term Investments1.7B814.4M604.4M298.8M343.7M326.5M
Net Tangible Assets30.5B39.7B49.8B43.9B50.4B28.9B
Short Long Term Debt49.9B55.6B69.3B67.0B77.0B39.9B
Total Current Assets52.1B65.2B76.3B66.1B76.0B48.1B
Non Current Assets Total138.9B145.1B165.1B194.5B223.7B119.9B
Non Currrent Assets Other2.3B3.9B6.3B3.4B3.9B4.4B
Non Current Liabilities Total58.2B55.2B62.7B76.7B88.2B48.8B
Deferred Long Term Liab2.7B3.1B2.6B2.0B2.3B1.7B
Non Current Liabilities Other40.1B52.3B123.3M13M15.0M14.2M
Net Debt89.1B91.7B99.6B117.1B134.7B84.4B
Other Stockholder Equity44.2M(23.2M)(11.5M)(48.5M)(43.6M)(41.4M)
Net Invested Capital151.7B164.9B180.5B197.6B227.2B147.2B
Net Working Capital(33.7B)(32.6B)(49.5B)(57.8B)(52.0B)(49.4B)
Property Plant And Equipment Net126.0B130.6B146.1B178.9B205.7B151.6B
Property Plant And Equipment Gross148.8B161.3B146.1B178.9B205.7B167.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Hengli Stock

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