Harbin Total Current Assets vs Total Stockholder Equity Analysis

600864 Stock   6.57  0.14  2.18%   
Harbin Hatou financial indicator trend analysis is much more than just examining Harbin Hatou Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harbin Hatou Investment is a good investment. Please check the relationship between Harbin Hatou Total Current Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Harbin Hatou Investment. 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 Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harbin Hatou Investment Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Harbin Hatou's Total Current Assets and Total Stockholder Equity is 0.79. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Harbin Hatou Investment, assuming nothing else is changed. The correlation between historical values of Harbin Hatou's Total Current Assets and Total Stockholder Equity 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 Current Assets of Harbin Hatou Investment are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Harbin Hatou's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
Most indicators from Harbin Hatou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harbin Hatou Investment 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 Harbin Hatou Investment. 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.
At present, Harbin Hatou's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 56.5 M, whereas Discontinued Operations is forecasted to decline to (188.2 K).
 2024 2025 (projected)
Minority Interest77.0M73.2M
Income Tax Expense47.7M81.3M

Harbin Hatou fundamental ratios Correlations

-0.080.980.960.590.490.86-0.360.810.440.680.930.990.910.940.860.580.840.91-0.8-0.840.870.920.570.86-0.54
-0.08-0.170.010.67-0.37-0.030.030.080.47-0.30.01-0.13-0.36-0.05-0.190.35-0.330.010.280.23-0.120.02-0.72-0.28-0.03
0.98-0.170.920.520.520.87-0.350.730.420.670.920.990.910.890.840.510.810.86-0.77-0.810.840.880.620.86-0.5
0.960.010.920.650.440.83-0.350.770.390.710.910.930.890.980.870.50.820.97-0.82-0.830.860.920.530.79-0.63
0.590.670.520.650.030.63-0.370.480.630.190.660.540.350.540.430.530.270.59-0.27-0.290.410.55-0.180.31-0.39
0.49-0.370.520.440.030.380.240.26-0.160.610.340.510.620.450.720.020.580.31-0.49-0.430.420.340.680.58-0.08
0.86-0.030.870.830.630.38-0.380.50.30.60.910.830.840.740.80.290.670.72-0.68-0.610.650.650.490.61-0.42
-0.360.03-0.35-0.35-0.370.24-0.38-0.25-0.450.12-0.43-0.34-0.28-0.24-0.05-0.29-0.14-0.340.10.16-0.2-0.320.06-0.170.36
0.810.080.730.770.480.260.5-0.250.480.490.670.820.650.80.610.820.730.79-0.65-0.770.80.850.320.75-0.36
0.440.470.420.390.63-0.160.3-0.450.48-0.280.520.440.10.320.010.76-0.020.380.14-0.180.210.48-0.380.21-0.47
0.68-0.30.670.710.190.610.60.120.49-0.280.50.670.820.760.90.090.810.67-0.92-0.820.750.580.850.67-0.19
0.930.010.920.910.660.340.91-0.430.670.520.50.90.820.850.740.440.740.86-0.65-0.660.690.80.390.74-0.56
0.99-0.130.990.930.540.510.83-0.340.820.440.670.90.910.920.840.60.840.89-0.79-0.850.880.910.590.88-0.5
0.91-0.360.910.890.350.620.84-0.280.650.10.820.820.910.880.930.310.870.81-0.87-0.850.810.770.820.81-0.45
0.94-0.050.890.980.540.450.74-0.240.80.320.760.850.920.880.870.490.850.98-0.85-0.880.880.930.590.82-0.62
0.86-0.190.840.870.430.720.8-0.050.610.010.90.740.840.930.870.270.850.79-0.89-0.80.810.740.770.75-0.41
0.580.350.510.50.530.020.29-0.290.820.760.090.440.60.310.490.270.260.5-0.22-0.520.560.67-0.060.43-0.32
0.84-0.330.810.820.270.580.67-0.140.73-0.020.810.740.840.870.850.850.260.82-0.92-0.780.830.760.740.91-0.26
0.910.010.860.970.590.310.72-0.340.790.380.670.860.890.810.980.790.50.82-0.81-0.820.870.940.480.8-0.65
-0.80.28-0.77-0.82-0.27-0.49-0.680.1-0.650.14-0.92-0.65-0.79-0.87-0.85-0.89-0.22-0.92-0.810.86-0.89-0.76-0.79-0.790.29
-0.840.23-0.81-0.83-0.29-0.43-0.610.16-0.77-0.18-0.82-0.66-0.85-0.85-0.88-0.8-0.52-0.78-0.820.86-0.88-0.82-0.7-0.80.35
0.87-0.120.840.860.410.420.65-0.20.80.210.750.690.880.810.880.810.560.830.87-0.89-0.880.930.630.86-0.41
0.920.020.880.920.550.340.65-0.320.850.480.580.80.910.770.930.740.670.760.94-0.76-0.820.930.460.82-0.64
0.57-0.720.620.53-0.180.680.490.060.32-0.380.850.390.590.820.590.77-0.060.740.48-0.79-0.70.630.460.64-0.21
0.86-0.280.860.790.310.580.61-0.170.750.210.670.740.880.810.820.750.430.910.8-0.79-0.80.860.820.64-0.22
-0.54-0.03-0.5-0.63-0.39-0.08-0.420.36-0.36-0.47-0.19-0.56-0.5-0.45-0.62-0.41-0.32-0.26-0.650.290.35-0.41-0.64-0.21-0.22
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Harbin Hatou Account Relationship Matchups

Harbin Hatou fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets34.1B37.1B34.3B39.4B45.3B47.6B
Other Current Liab979.8M786.0M786.9M1.9M2.1M2.0M
Total Current Liabilities13.6B19.1B17.8B21.2B24.4B25.6B
Total Stockholder Equity13.6B13.3B11.9B12.4B14.3B15.0B
Retained Earnings2.6B2.8B1.8B1.2B1.3B1.3B
Accounts Payable371.9M419.7M488.1M637.9M733.6M770.3M
Cash7.3B6.9B6.9B6.4B7.4B7.8B
Other Assets470.0M656.7M721.6M1.0B904.5M712.5M
Long Term Debt6.1B3.2B3.2B4.3B4.9B5.2B
Net Receivables216.9M416.3M573.6M616.4M708.9M673.5M
Inventory246.9M368.9M339.0M296.6M341.1M358.1M
Other Current Assets2.3B1.7B1.5B2.0B2.3B2.4B
Total Liab20.4B23.7B22.3B27.0B31.1B32.6B
Intangible Assets236.8M275.0M273.7M353.4M406.4M426.7M
Property Plant Equipment2.5B3.0B3.2B3.2B3.7B3.9B
Other Liab5.1B981.4M1.3B1.3B1.6B1.0B
Short Term Investments19.7B14.0B9.9B17.4B20.0B21.0B
Net Tangible Assets13.1B13.5B13.0B11.7B13.4B13.2B
Other Stockholder Equity1.2B1.3B855.5M583.6M525.2M885.0M
Deferred Long Term Liab52.6M47.3M63.1M69.7M80.1M59.2M
Short Long Term Debt1.6B7.2B7.2B12.0B13.8B14.5B
Total Current Assets28.2B29.3B25.8B32.3B37.1B30.1B
Non Current Assets Total6.1B7.8B8.5B7.1B6.4B7.3B
Non Currrent Assets Other138.7M162.4M140.4M158.5M182.3M191.4M
Non Current Liabilities Total7.2B4.6B4.5B5.8B5.2B4.7B
Non Current Liabilities Other(2.3B)378.3M405.7M426.5M490.5M515.0M
Net Debt410.0M3.6B3.4B9.8B11.3B11.9B
Net Invested Capital21.3B23.7B22.3B28.7B33.0B23.2B
Net Working Capital14.7B10.2B8.0B11.1B12.7B11.6B
Property Plant And Equipment Net2.4B3.2B3.2B3.5B4.0B3.2B
Property Plant And Equipment Gross4.3B5.8B3.2B6.4B7.3B5.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Harbin Stock

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