Hangzhou Capital Stock vs Common Stock Shares Outstanding Analysis

688039 Stock   24.19  0.50  2.03%   
Hangzhou Arcvideo financial indicator trend analysis is much more than just examining Hangzhou Arcvideo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Arcvideo is a good investment. Please check the relationship between Hangzhou Arcvideo Capital Stock and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Arcvideo Technology. 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.

Capital Stock vs Common Stock Shares Outstanding

Capital Stock vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Arcvideo Capital Stock account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hangzhou Arcvideo's Capital Stock and Common Stock Shares Outstanding is 0.88. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Hangzhou Arcvideo Technology, assuming nothing else is changed. The correlation between historical values of Hangzhou Arcvideo's Capital Stock and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Hangzhou Arcvideo Technology are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Capital Stock i.e., Hangzhou Arcvideo's Capital Stock and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Hangzhou Arcvideo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Arcvideo 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 Hangzhou Arcvideo Technology. 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 Tax Provision is expected to grow to about (20 M). In addition to that, Selling General Administrative is expected to decline to about 40.9 M
 2022 2023 2024 2025 (projected)
Gross Profit90.6M117.3M134.9M144.5M
Total Revenue331.4M332.6M382.5M299.3M

Hangzhou Arcvideo fundamental ratios Correlations

0.861.00.530.950.770.730.970.960.130.860.920.95-0.970.950.990.760.820.670.670.57-0.32-0.62-0.76-0.320.51
0.860.830.10.880.470.960.90.850.511.00.680.88-0.880.910.860.470.90.940.940.88-0.67-0.87-0.93-0.670.84
1.00.830.590.930.830.680.950.950.080.820.950.93-0.980.930.990.810.780.620.610.52-0.3-0.56-0.71-0.30.45
0.530.10.590.470.8-0.130.430.57-0.60.10.750.41-0.480.360.50.81-0.01-0.22-0.22-0.360.310.26-0.050.31-0.41
0.950.880.930.470.630.770.980.980.220.880.830.96-0.910.960.940.630.810.710.710.59-0.31-0.64-0.87-0.310.52
0.770.470.830.80.630.250.660.7-0.340.470.950.57-0.790.590.770.980.380.170.170.1-0.16-0.1-0.29-0.160.09
0.730.960.68-0.130.770.250.770.730.680.960.480.8-0.760.830.740.250.871.00.990.95-0.7-0.97-0.93-0.70.89
0.970.90.950.430.980.660.770.950.190.90.850.94-0.940.950.960.640.870.720.720.64-0.35-0.66-0.82-0.350.59
0.960.850.950.570.980.70.730.950.150.850.880.95-0.930.940.950.710.740.670.660.52-0.29-0.61-0.83-0.290.44
0.130.510.08-0.60.22-0.340.680.190.150.52-0.140.32-0.160.380.2-0.250.510.720.720.74-0.59-0.71-0.58-0.590.72
0.861.00.820.10.880.470.960.90.850.520.680.87-0.880.910.860.470.90.940.940.89-0.67-0.87-0.94-0.670.84
0.920.680.950.750.830.950.480.850.88-0.140.680.79-0.920.80.920.940.590.40.40.31-0.24-0.33-0.53-0.240.28
0.950.880.930.410.960.570.80.940.950.320.870.79-0.90.990.940.590.830.750.750.63-0.32-0.72-0.83-0.320.55
-0.97-0.88-0.98-0.48-0.91-0.79-0.76-0.94-0.93-0.16-0.88-0.92-0.9-0.91-0.98-0.77-0.8-0.7-0.7-0.620.410.650.750.41-0.56
0.950.910.930.360.960.590.830.950.940.380.910.80.99-0.910.950.610.880.780.780.69-0.41-0.73-0.85-0.410.62
0.990.860.990.50.940.770.740.960.950.20.860.920.94-0.980.950.780.830.680.680.59-0.35-0.63-0.76-0.350.53
0.760.470.810.810.630.980.250.640.71-0.250.470.940.59-0.770.610.780.360.170.170.09-0.18-0.09-0.31-0.180.08
0.820.90.78-0.010.810.380.870.870.740.510.90.590.83-0.80.880.830.360.860.860.85-0.5-0.81-0.79-0.50.83
0.670.940.62-0.220.710.171.00.720.670.720.940.40.75-0.70.780.680.170.861.00.97-0.72-0.98-0.91-0.720.91
0.670.940.61-0.220.710.170.990.720.660.720.940.40.75-0.70.780.680.170.861.00.97-0.72-0.97-0.91-0.720.92
0.570.880.52-0.360.590.10.950.640.520.740.890.310.63-0.620.690.590.090.850.970.97-0.78-0.94-0.81-0.780.98
-0.32-0.67-0.30.31-0.31-0.16-0.7-0.35-0.29-0.59-0.67-0.24-0.320.41-0.41-0.35-0.18-0.5-0.72-0.72-0.780.620.541.0-0.81
-0.62-0.87-0.560.26-0.64-0.1-0.97-0.66-0.61-0.71-0.87-0.33-0.720.65-0.73-0.63-0.09-0.81-0.98-0.97-0.940.620.860.62-0.85
-0.76-0.93-0.71-0.05-0.87-0.29-0.93-0.82-0.83-0.58-0.94-0.53-0.830.75-0.85-0.76-0.31-0.79-0.91-0.91-0.810.540.860.54-0.73
-0.32-0.67-0.30.31-0.31-0.16-0.7-0.35-0.29-0.59-0.67-0.24-0.320.41-0.41-0.35-0.18-0.5-0.72-0.72-0.781.00.620.54-0.81
0.510.840.45-0.410.520.090.890.590.440.720.840.280.55-0.560.620.530.080.830.910.920.98-0.81-0.85-0.73-0.81
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Hangzhou Arcvideo Account Relationship Matchups

Hangzhou Arcvideo fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.6B1.8B1.6B1.6B1.8B1.2B
Total Current Liabilities147.7M254.0M244.8M329.5M378.9M397.8M
Total Stockholder Equity1.5B1.5B1.4B1.2B1.4B1.1B
Retained Earnings229.9M245.4M126.7M(11.5M)(13.2M)(12.5M)
Accounts Payable105.4M197.9M144.6M144.2M165.8M100.7M
Cash974.0M877.7M420.7M288.1M331.4M592.4M
Non Current Assets Total147.2M315.4M712.1M814.5M936.6M983.5M
Net Receivables250.8M357.8M258.9M334.2M384.3M228.2M
Non Current Liabilities Total1.2M10.7M7.7M11.6M13.4M14.1M
Inventory40.2M60.9M54.8M40.8M46.9M37.0M
Other Current Assets16.5M17.0M34.4M44.0M50.6M53.1M
Total Liab148.8M264.7M252.4M341.1M392.3M411.9M
Total Current Assets1.5B1.5B913.6M783.0M900.5M960.7M
Intangible Assets48.4M48.0M55.9M48.9M56.3M33.9M
Other Current Liab129.4K158.3K135.6K85.0K76.5K72.7K
Common Stock Shares Outstanding80M112M112.4M111.9M128.7M102.0M
Net Invested Capital1.5B1.6B1.4B1.4B1.6B1.3B
Net Working Capital1.3B1.2B668.8M453.5M521.6M894.8M
Property Plant And Equipment Net25.4M117.7M347.0M433.4M498.4M523.3M
Property Plant And Equipment Gross31.7M126.6M362.5M466.7M536.7M563.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Hangzhou Stock

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