Hainan Inventory vs Short Term Investments 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 Inventory and its Short Term Investments 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.

Inventory vs Short Term Investments

Inventory vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Jinpan Smart Inventory account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hainan Jinpan's Inventory and Short Term Investments is 0.33. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Investments 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 Inventory and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Hainan Jinpan Smart are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Inventory i.e., Hainan Jinpan's Inventory and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Short Term Investments

Short Term Investments is an item under the current assets section of Hainan Jinpan balance sheet. It contains any investments Hainan Jinpan Smart undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hainan Jinpan Smart can easily liquidate in the marketplace.
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

Currently Active Assets on Macroaxis

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.