Henan Other Liab vs Total Assets Analysis

000895 Stock   24.51  0.21  0.86%   
Henan Shuanghui financial indicator trend analysis is much more than just examining Henan Shuanghui Inve latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Henan Shuanghui Inve is a good investment. Please check the relationship between Henan Shuanghui Other Liab and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Henan Shuanghui 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.

Other Liab vs Total Assets

Other Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henan Shuanghui Inve Other Liab account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Henan Shuanghui's Other Liab and Total Assets is 0.87. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Henan Shuanghui Investment, assuming nothing else is changed. The correlation between historical values of Henan Shuanghui's Other Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Henan Shuanghui Investment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Liab i.e., Henan Shuanghui's Other Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Total Assets

Total assets refers to the total amount of Henan Shuanghui assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Henan Shuanghui Inve books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Henan Shuanghui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Henan Shuanghui Inve 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 Henan Shuanghui 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 824.5 M. In addition to that, Tax Provision is expected to decline to about 1.5 B
 2021 2022 2023 2024 (projected)
Operating Income7.3B7.1B7.0B3.7B
Total Revenue66.8B62.7B60.1B39.3B

Henan Shuanghui fundamental ratios Correlations

0.330.930.830.870.650.790.590.450.47-0.070.890.450.930.840.90.90.260.640.390.810.820.770.790.48-0.74
0.330.210.610.220.650.090.730.43-0.610.030.17-0.590.170.180.220.030.530.170.240.25-0.050.420.41-0.07-0.25
0.930.210.640.870.430.80.40.280.58-0.070.930.551.00.80.850.880.110.580.30.890.940.760.860.54-0.86
0.830.610.640.650.870.550.740.620.02-0.030.620.030.630.690.750.640.470.590.390.640.430.670.690.31-0.5
0.870.220.870.650.320.530.590.330.54-0.320.780.510.890.670.720.750.130.810.480.860.880.880.850.57-0.78
0.650.650.430.870.320.460.630.51-0.240.270.48-0.240.40.640.690.460.620.190.240.390.170.420.45-0.08-0.34
0.790.090.80.550.530.460.110.260.530.030.780.520.80.740.710.88-0.130.37-0.010.530.680.380.470.6-0.47
0.590.730.40.740.590.630.110.51-0.19-0.080.32-0.180.390.350.440.290.570.490.50.470.240.650.560.04-0.44
0.450.430.280.620.330.510.260.51-0.04-0.260.40.120.270.070.320.260.330.440.380.220.130.440.290.09-0.15
0.47-0.610.580.020.54-0.240.53-0.19-0.04-0.220.570.980.630.340.380.66-0.370.450.130.430.740.290.280.57-0.37
-0.070.03-0.07-0.03-0.320.270.03-0.08-0.26-0.22-0.05-0.25-0.10.230.25-0.010.26-0.62-0.290.04-0.12-0.35-0.05-0.430.03
0.890.170.930.620.780.480.780.320.40.57-0.050.560.930.720.80.780.20.570.350.810.870.780.790.38-0.75
0.45-0.590.550.030.51-0.240.52-0.180.120.98-0.250.560.60.260.360.64-0.380.450.120.390.70.280.240.55-0.33
0.930.171.00.630.890.40.80.390.270.63-0.10.930.60.780.830.890.070.630.310.880.950.760.840.58-0.84
0.840.180.80.690.670.640.740.350.070.340.230.720.260.780.910.820.230.360.20.720.690.520.670.35-0.66
0.90.220.850.750.720.690.710.440.320.380.250.80.360.830.910.860.310.360.250.780.750.570.730.3-0.72
0.90.030.880.640.750.460.880.290.260.66-0.010.780.640.890.820.86-0.080.50.110.690.820.490.60.65-0.61
0.260.530.110.470.130.62-0.130.570.33-0.370.260.2-0.380.070.230.31-0.080.070.70.23-0.070.430.3-0.55-0.22
0.640.170.580.590.810.190.370.490.440.45-0.620.570.450.630.360.360.50.070.560.580.590.820.610.65-0.4
0.390.240.30.390.480.24-0.010.50.380.13-0.290.350.120.310.20.250.110.70.560.340.240.70.38-0.1-0.31
0.810.250.890.640.860.390.530.470.220.430.040.810.390.880.720.780.690.230.580.340.890.790.970.42-0.89
0.82-0.050.940.430.880.170.680.240.130.74-0.120.870.70.950.690.750.82-0.070.590.240.890.710.820.57-0.84
0.770.420.760.670.880.420.380.650.440.29-0.350.780.280.760.520.570.490.430.820.70.790.710.850.3-0.72
0.790.410.860.690.850.450.470.560.290.28-0.050.790.240.840.670.730.60.30.610.380.970.820.850.37-0.9
0.48-0.070.540.310.57-0.080.60.040.090.57-0.430.380.550.580.350.30.65-0.550.65-0.10.420.570.30.37-0.26
-0.74-0.25-0.86-0.5-0.78-0.34-0.47-0.44-0.15-0.370.03-0.75-0.33-0.84-0.66-0.72-0.61-0.22-0.4-0.31-0.89-0.84-0.72-0.9-0.26
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Henan Shuanghui Account Relationship Matchups

Henan Shuanghui fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.6B34.7B34.0B36.4B36.7B38.5B
Other Current Liab3.2B3.9B3.5B4.7B139.8M132.8M
Total Current Liabilities11.3B10.0B10.0B13.5B14.0B14.7B
Total Stockholder Equity16.5B23.8B22.8B21.9B20.8B10.6B
Other Liab218.2M561.1M624.6M509.8M586.3M615.6M
Retained Earnings11.9B12.2B11.3B10.3B7.3B5.8B
Accounts Payable3.1B1.7B2.1B3.9B3.7B3.9B
Cash3.5B8.5B7.8B5.8B2.8B3.0B
Other Assets301.4M498.4M398.2M288.9M332.2M169.3M
Long Term Debt16.2M15.1M12.8M12.3M961.8M1.0B
Net Receivables739.5M235.9M183.5M184.3M217.3M348.0M
Inventory8.8B6.4B5.7B6.1B8.3B8.7B
Other Current Assets254.3M255.5M244.9M133.8M4.1B4.3B
Total Liab11.5B10.6B10.8B14.2B15.5B16.3B
Intangible Assets983.4M1.0B1.1B1.2B1.3B1.3B
Property Plant Equipment10.8B10.8B14.5B18.6B21.4B22.4B
Short Term Investments3.2B6.0B1.5B1.0B613.3M582.6M
Net Tangible Assets15.5B22.7B21.7B20.6B23.7B18.6B
Deferred Long Term Liab75.4M190.9M67.6M78.7M90.5M94.6M
Short Long Term Debt3.3B2.4B3.3B3.7B6.0B6.3B
Total Current Assets16.3B22.1B17.5B16.1B16.4B15.3B
Non Current Assets Total12.3B12.6B16.5B20.3B20.3B16.8B
Non Currrent Assets Other20.9M120.1M213.6M35.2M6.8M6.4M
Non Current Liabilities Total234.4M576.2M853.3M728.6M1.5B1.6B
Non Current Liabilities Other5.1M(797.2M)(627.5M)(816.8M)(735.1M)(698.4M)
Other Stockholder Equity64.1M109.4M541.4K9.2M10.6M10.1M
Net Invested Capital19.8B26.2B26.1B25.5B27.8B24.7B
Net Working Capital5.0B12.1B7.5B2.6B2.4B2.2B

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Other Information on Investing in Henan Stock

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