Hoshine Non Current Assets Total vs Common Stock Analysis

603260 Stock   55.55  0.53  0.96%   
Hoshine Silicon financial indicator trend analysis is much more than just examining Hoshine Silicon Ind latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hoshine Silicon Ind is a good investment. Please check the relationship between Hoshine Silicon Non Current Assets Total and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hoshine Silicon Ind. 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.

Non Current Assets Total vs Common Stock

Non Current Assets Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hoshine Silicon Ind Non Current Assets Total account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hoshine Silicon's Non Current Assets Total and Common Stock is 0.72. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Hoshine Silicon Ind, assuming nothing else is changed. The correlation between historical values of Hoshine Silicon's Non Current Assets Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Hoshine Silicon Ind are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Assets Total i.e., Hoshine Silicon's Non Current Assets Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock

Most indicators from Hoshine Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hoshine Silicon Ind 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 Hoshine Silicon Ind. 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 234.2 M, whereas Tax Provision is forecasted to decline to about 656.4 M.
 2022 2023 2024 2025 (projected)
Operating Income6.6B4.0B4.6B2.9B
Total Revenue23.7B26.6B30.6B32.1B

Hoshine Silicon fundamental ratios Correlations

-0.221.00.990.930.960.990.620.970.980.690.960.990.990.980.750.980.941.00.980.980.980.97-0.660.650.98
-0.22-0.23-0.12-0.050.0-0.290.15-0.04-0.32-0.520.0-0.1-0.28-0.370.07-0.060.03-0.25-0.21-0.32-0.23-0.02-0.210.06-0.32
1.0-0.230.980.930.951.00.630.970.990.680.950.991.00.980.740.970.931.00.990.980.980.97-0.650.650.99
0.99-0.120.980.890.990.960.620.960.940.680.980.980.960.940.820.990.980.980.950.940.940.99-0.70.730.94
0.93-0.050.930.890.880.920.630.960.930.480.90.960.940.890.630.920.860.930.960.930.950.91-0.710.550.94
0.960.00.950.990.880.920.630.960.890.630.990.960.920.890.860.991.00.940.910.890.910.99-0.720.780.89
0.99-0.291.00.960.920.920.630.960.990.690.930.981.00.990.70.950.91.00.980.990.980.95-0.620.60.99
0.620.150.630.620.630.630.630.680.590.280.650.670.610.530.560.670.640.60.630.580.60.69-0.30.430.56
0.97-0.040.970.960.960.960.960.680.950.570.971.00.970.920.750.980.950.970.980.950.970.98-0.710.650.95
0.98-0.320.990.940.930.890.990.590.950.670.90.971.00.990.640.920.870.990.991.00.980.92-0.610.541.0
0.69-0.520.680.680.480.630.690.280.570.670.630.610.680.70.520.630.630.680.620.670.650.64-0.030.490.67
0.960.00.950.980.90.990.930.650.970.90.630.970.930.880.841.00.990.940.930.90.940.99-0.70.760.91
0.99-0.10.990.980.960.960.980.671.00.970.610.970.980.950.740.980.950.980.990.970.980.98-0.690.640.97
0.99-0.281.00.960.940.921.00.610.971.00.680.930.980.990.690.950.91.00.991.00.980.95-0.630.61.0
0.98-0.370.980.940.890.890.990.530.920.990.70.880.950.990.650.910.860.990.970.990.950.91-0.620.550.99
0.750.070.740.820.630.860.70.560.750.640.520.840.740.690.650.830.870.720.670.640.710.81-0.650.980.66
0.98-0.060.970.990.920.990.950.670.980.920.631.00.980.950.910.830.980.960.950.920.960.99-0.690.750.93
0.940.030.930.980.861.00.90.640.950.870.630.990.950.90.860.870.980.920.890.870.890.99-0.710.790.87
1.0-0.251.00.980.930.941.00.60.970.990.680.940.981.00.990.720.960.920.990.990.980.96-0.660.620.99
0.98-0.210.990.950.960.910.980.630.980.990.620.930.990.990.970.670.950.890.990.990.980.94-0.650.560.99
0.98-0.320.980.940.930.890.990.580.951.00.670.90.971.00.990.640.920.870.990.990.980.92-0.620.541.0
0.98-0.230.980.940.950.910.980.60.970.980.650.940.980.980.950.710.960.890.980.980.980.94-0.630.640.98
0.97-0.020.970.990.910.990.950.690.980.920.640.990.980.950.910.810.990.990.960.940.920.94-0.680.720.92
-0.66-0.21-0.65-0.7-0.71-0.72-0.62-0.3-0.71-0.61-0.03-0.7-0.69-0.63-0.62-0.65-0.69-0.71-0.66-0.65-0.62-0.63-0.68-0.6-0.63
0.650.060.650.730.550.780.60.430.650.540.490.760.640.60.550.980.750.790.620.560.540.640.72-0.60.57
0.98-0.320.990.940.940.890.990.560.951.00.670.910.971.00.990.660.930.870.990.991.00.980.92-0.630.57
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Hoshine Silicon Account Relationship Matchups

Hoshine Silicon fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets20.0B30.3B53.7B83.3B95.8B100.6B
Other Current Liab352.8M1.6B2.0B74.7M85.8M81.6M
Total Current Liabilities7.9B8.8B18.3B26.6B30.6B32.1B
Total Stockholder Equity9.7B20.1B23.8B32.4B37.3B39.1B
Other Liab66.4M142.5M129.0M611.3M702.9M738.1M
Retained Earnings6.7B14.7B18.2B19.2B22.1B23.2B
Accounts Payable4.1B4.0B8.8B15.2B17.5B18.4B
Cash349.1M953.9M2.4B1.8B2.1B1.1B
Other Assets233.3M372.5M882.3M3.1B3.5B3.7B
Long Term Debt2.2B1.1B10.8B23.5B27.0B28.4B
Net Receivables293.1M767.0M339.1M1.4B1.6B1.6B
Inventory2.5B4.5B7.6B7.1B8.2B8.6B
Other Current Assets186.8M660.5M1.8B2.1B2.4B2.5B
Total Liab10.2B10.1B29.8B50.9B58.6B61.5B
Intangible Assets732.5M920.6M1.4B4.5B5.1B5.4B
Property Plant Equipment12.2B14.6B19.1B35.7B41.0B43.1B
Net Tangible Assets7.9B9.0B19.2B22.4B25.8B27.1B
Non Current Assets Total15.7B20.9B40.2B69.2B79.6B83.6B
Non Currrent Assets Other88.3M214.9M2.4B3.6B4.1B4.3B
Non Current Liabilities Total2.3B1.2B11.5B24.3B27.9B29.3B
Short Long Term Debt2.5B1.1B5.8B7.1B8.2B8.6B
Total Current Assets4.3B9.4B13.5B14.1B16.2B17.1B
Non Current Liabilities Other1.5B1.1B73.8M1.7M1.6M1.5M
Net Debt4.3B1.3B14.3B28.8B33.2B34.8B
Deferred Long Term Liab170.4K10.1M13.7M18.8M21.7M22.8M
Net Invested Capital14.3B22.3B40.5B63.0B72.5B76.1B
Net Working Capital(3.6B)573.7M(4.8B)(12.5B)(11.2B)(10.7B)
Other Stockholder Equity771.2K(3.2M)(11.9M)37.3M42.9M45.1M
Property Plant And Equipment Net14.6B19.1B35.7B60.7B69.8B73.2B
Property Plant And Equipment Gross19.8B25.2B35.7B69.6B80.0B84.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Hoshine Stock

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