Hainan Good Will vs Common Stock Shares Outstanding Analysis

688676 Stock   42.12  2.61  6.61%   
Hainan Jinpan financial indicator trend analysis is much more than just examining Hainan Jinpan Smart latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Jinpan Smart is a good investment. Please check the relationship between Hainan Jinpan Good Will and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Jinpan Smart. 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.

Good Will vs Common Stock Shares Outstanding

Good Will vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Jinpan Smart Good Will account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hainan Jinpan's Good Will and Common Stock Shares Outstanding is -0.63. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Hainan Jinpan Smart, assuming nothing else is changed. The correlation between historical values of Hainan Jinpan's Good Will 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 Good Will of Hainan Jinpan Smart 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 Good Will i.e., Hainan Jinpan's Good Will and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Hainan Jinpan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Jinpan Smart 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 Hainan Jinpan Smart. 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 392.3 M. The current year's Tax Provision is expected to grow to about 46.7 M
 2022 2024 2025 (projected)
Interest Expense27.6M64.8M68.1M
Depreciation And Amortization95.3M109.6M95.4M

Hainan Jinpan fundamental ratios Correlations

0.89-0.211.00.990.880.80.981.00.90.890.470.970.930.890.99-0.720.981.01.00.670.860.94-0.40.250.9
0.89-0.340.90.870.970.950.840.890.760.970.430.840.870.990.89-0.60.860.890.90.650.810.88-0.690.230.99
-0.21-0.34-0.19-0.19-0.46-0.53-0.2-0.21-0.08-0.440.65-0.02-0.31-0.42-0.1-0.08-0.09-0.22-0.17-0.28-0.24-0.230.540.75-0.41
1.00.9-0.190.980.880.80.971.00.90.880.490.970.920.890.99-0.70.981.01.00.690.850.94-0.40.280.9
0.990.87-0.190.980.880.741.00.980.950.890.470.980.960.880.99-0.80.990.970.990.570.910.96-0.430.220.89
0.880.97-0.460.880.880.920.870.880.811.00.270.820.910.990.87-0.650.850.870.880.540.870.9-0.760.030.99
0.80.95-0.530.80.740.920.720.80.570.910.260.680.760.950.76-0.380.730.810.790.730.670.76-0.70.110.94
0.980.84-0.20.971.00.870.720.970.950.880.430.970.950.860.97-0.830.970.960.970.510.920.94-0.410.170.87
1.00.89-0.211.00.980.880.80.970.890.880.480.970.920.890.99-0.720.981.01.00.670.860.93-0.40.260.9
0.90.76-0.080.90.950.810.570.950.890.810.410.950.920.780.93-0.860.930.880.910.370.890.92-0.40.150.79
0.890.97-0.440.880.891.00.910.880.880.810.310.830.920.990.88-0.680.860.880.880.530.880.91-0.750.060.99
0.470.430.650.490.470.270.260.430.480.410.310.590.330.350.55-0.50.570.470.510.280.340.410.050.950.36
0.970.84-0.020.970.980.820.680.970.970.950.830.590.910.830.99-0.80.990.960.980.570.850.93-0.330.370.84
0.930.87-0.310.920.960.910.760.950.920.920.920.330.910.90.93-0.750.930.910.930.510.940.99-0.630.070.9
0.890.99-0.420.890.880.990.950.860.890.780.990.350.830.90.88-0.630.860.890.890.60.840.89-0.730.131.0
0.990.89-0.10.990.990.870.760.970.990.930.880.550.990.930.88-0.770.990.980.990.620.880.95-0.410.330.89
-0.72-0.6-0.08-0.7-0.8-0.65-0.38-0.83-0.72-0.86-0.68-0.5-0.8-0.75-0.63-0.77-0.77-0.68-0.730.0-0.86-0.730.32-0.23-0.64
0.980.86-0.090.980.990.850.730.970.980.930.860.570.990.930.860.99-0.770.970.990.620.860.95-0.370.340.87
1.00.89-0.221.00.970.870.810.961.00.880.880.470.960.910.890.98-0.680.971.00.720.840.92-0.390.260.89
1.00.9-0.171.00.990.880.790.971.00.910.880.510.980.930.890.99-0.730.991.00.670.860.94-0.40.290.9
0.670.65-0.280.690.570.540.730.510.670.370.530.280.570.510.60.620.00.620.720.670.290.57-0.180.280.59
0.860.81-0.240.850.910.870.670.920.860.890.880.340.850.940.840.88-0.860.860.840.860.290.91-0.610.060.85
0.940.88-0.230.940.960.90.760.940.930.920.910.410.930.990.890.95-0.730.950.920.940.570.91-0.60.170.9
-0.4-0.690.54-0.4-0.43-0.76-0.7-0.41-0.4-0.4-0.750.05-0.33-0.63-0.73-0.410.32-0.37-0.39-0.4-0.18-0.61-0.60.22-0.72
0.250.230.750.280.220.030.110.170.260.150.060.950.370.070.130.33-0.230.340.260.290.280.060.170.220.13
0.90.99-0.410.90.890.990.940.870.90.790.990.360.840.91.00.89-0.640.870.890.90.590.850.9-0.720.13
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Hainan Jinpan Account Relationship Matchups

Hainan Jinpan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0B5.4B7.5B8.5B9.8B5.4B
Short Long Term Debt Total100.8M232.0M483.0M1.3B1.5B1.6B
Other Current Liab608.4M932.3M977.8M75.1M86.3M82.0M
Total Current Liabilities1.8B2.5B3.4B3.7B4.3B2.5B
Total Stockholder Equity2.0B2.5B2.9B3.3B3.8B2.4B
Property Plant And Equipment Net624.9M819.8M1.3B1.9B2.2B2.3B
Net Debt(309.3M)(347.1M)754.0M947.5M1.1B1.1B
Retained Earnings793.5M925.8M1.1B1.4B1.7B884.8M
Accounts Payable1.1B1.4B2.1B2.4B2.7B1.5B
Cash541.3M830.1M583.6M791.8M910.6M582.7M
Non Current Assets Total944.9M1.1B1.8B2.5B2.8B3.0B
Non Currrent Assets Other83.1M254.5M737.8M62.2M71.5M67.9M
Cash And Short Term Investments463.8M541.7M1.1B1.3B1.5B727.2M
Common Stock Shares Outstanding381.8M386.0M411.6M427.1M491.1M433.1M
Liabilities And Stockholders Equity3.3B4.0B5.4B7.5B8.6B4.8B
Non Current Liabilities Total256.8M423.1M1.2B1.5B1.8B1.8B
Inventory1.1B1.4B1.7B1.7B2.0B1.3B
Other Current Assets125.1M149.1M263.2M225.6M203.0M396.0M
Other Stockholder Equity764.1M780.2M1.1B1.3B1.5B984.1M
Total Liab2.1B2.9B4.6B5.2B6.0B3.0B
Total Current Assets3.1B4.3B5.6B6.1B7.0B4.2B
Short Term Debt80.1M45.7M142.3M258.9M297.7M157.9M
Intangible Assets174.8M164.7M168.9M170.6M196.2M178.1M
Short Term Investments326.8K229.3M680.5M1.7M2.0M1.9M
Long Term Debt186.3M336.4M1.1B1.4B1.6B1.6B
Net Receivables978.3M1.1B1.8B2.6B3.0B1.6B
Net Invested Capital2.2B2.9B4.2B5.0B5.8B3.6B
Short Long Term Debt45.7M142.3M258.9M379.9M436.9M458.8M
Net Working Capital1.3B1.8B2.3B2.4B2.7B1.9B

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Other Information on Investing in Hainan Stock

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