Huadong Non Current Assets Total vs Non Current Liabilities Total Analysis

000963 Stock   36.10  0.09  0.25%   
Huadong Medicine financial indicator trend analysis is much more than just examining Huadong Medicine latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huadong Medicine is a good investment. Please check the relationship between Huadong Medicine Non Current Assets Total and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huadong Medicine Co. 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 Non Current Liabilities Total

Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huadong Medicine Non Current Assets Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Huadong Medicine's Non Current Assets Total and Non Current Liabilities Total is 0.1. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Huadong Medicine Co, assuming nothing else is changed. The correlation between historical values of Huadong Medicine's Non Current Assets Total and Non Current Liabilities Total 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 Huadong Medicine Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., Huadong Medicine's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Non Current Liabilities Total

Most indicators from Huadong Medicine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huadong Medicine 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 Huadong Medicine Co. 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 December 28, 2024, Selling General Administrative is expected to decline to about 2.8 B. In addition to that, Tax Provision is expected to decline to about 543.9 M
 2021 2022 2023 2024 (projected)
Operating Income3.0B3.3B3.8B4.0B
Total Revenue34.6B37.7B40.6B42.7B

Huadong Medicine fundamental ratios Correlations

0.30.960.990.930.980.970.980.940.930.890.940.170.960.970.950.990.260.940.91-0.750.90.840.950.840.91
0.30.340.260.170.230.320.270.190.450.370.490.870.360.150.320.280.250.220.44-0.130.280.550.360.510.3
0.960.340.920.850.920.970.920.880.950.810.930.260.990.90.90.950.30.870.82-0.70.820.760.860.760.83
0.990.260.920.940.990.930.980.950.90.90.910.10.910.970.960.990.180.960.93-0.770.920.860.970.850.92
0.930.170.850.940.950.850.910.940.790.830.80.010.850.980.90.910.150.980.82-0.670.860.750.90.750.92
0.980.230.920.990.950.910.960.980.860.870.880.060.910.980.960.990.120.970.91-0.790.890.840.950.80.94
0.970.320.970.930.850.910.950.850.970.840.960.270.980.910.890.930.410.860.84-0.660.850.740.890.810.81
0.980.270.920.980.910.960.950.930.920.870.920.120.930.940.910.960.30.90.91-0.690.880.830.940.840.87
0.940.190.880.950.940.980.850.930.780.780.79-0.020.860.960.890.950.070.950.86-0.780.820.820.90.710.93
0.930.450.950.90.790.860.970.920.780.870.990.370.960.830.890.90.40.810.85-0.610.850.780.870.860.76
0.890.370.810.90.830.870.840.870.780.870.910.20.810.840.940.880.250.850.89-0.740.920.830.910.880.8
0.940.490.930.910.80.880.960.920.790.990.910.40.940.840.910.910.390.830.89-0.670.880.830.90.90.79
0.170.870.260.10.010.060.270.12-0.020.370.20.40.310.020.150.130.490.070.240.070.120.290.190.360.13
0.960.360.990.910.850.910.980.930.860.960.810.940.310.90.880.930.420.860.81-0.650.810.740.860.770.82
0.970.150.90.970.980.980.910.940.960.830.840.840.020.90.930.960.180.980.85-0.720.870.750.930.760.93
0.950.320.90.960.90.960.890.910.890.890.940.910.150.880.930.960.080.950.91-0.820.940.870.930.870.9
0.990.280.950.990.910.990.930.960.950.90.880.910.130.930.960.960.130.950.91-0.810.890.860.940.820.92
0.260.250.30.180.150.120.410.30.070.40.250.390.490.420.180.080.130.070.150.130.150.040.220.240.05
0.940.220.870.960.980.970.860.90.950.810.850.830.070.860.980.950.950.070.86-0.760.890.810.920.80.95
0.910.440.820.930.820.910.840.910.860.850.890.890.240.810.850.910.910.150.86-0.70.940.920.980.940.92
-0.75-0.13-0.7-0.77-0.67-0.79-0.66-0.69-0.78-0.61-0.74-0.670.07-0.65-0.72-0.82-0.810.13-0.76-0.7-0.72-0.8-0.69-0.62-0.71
0.90.280.820.920.860.890.850.880.820.850.920.880.120.810.870.940.890.150.890.94-0.720.830.950.930.9
0.840.550.760.860.750.840.740.830.820.780.830.830.290.740.750.870.860.040.810.92-0.80.830.860.880.83
0.950.360.860.970.90.950.890.940.90.870.910.90.190.860.930.930.940.220.920.98-0.690.950.860.910.95
0.840.510.760.850.750.80.810.840.710.860.880.90.360.770.760.870.820.240.80.94-0.620.930.880.910.81
0.910.30.830.920.920.940.810.870.930.760.80.790.130.820.930.90.920.050.950.92-0.710.90.830.950.81
Click cells to compare fundamentals

Huadong Medicine Account Relationship Matchups

Huadong Medicine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.5B24.2B27.0B31.2B33.5B35.2B
Other Current Liab1.4B1.8B2.0B2.3B16.0M15.2M
Total Current Liabilities8.4B8.6B9.3B10.2B10.8B11.3B
Total Stockholder Equity12.3B14.6B16.6B18.6B21.0B22.1B
Other Liab397.3M200.7M236.6M569.4M654.8M687.6M
Retained Earnings8.4B10.7B12.6B13.5B15.7B16.5B
Accounts Payable4.4B4.5B4.5B5.9B6.1B6.4B
Cash2.4B3.2B4.0B4.0B4.7B4.9B
Other Assets356.7M334.3M876.5M1.1B1.2B1.3B
Net Receivables6.9B6.1B7.2B7.2B7.5B7.8B
Inventory4.0B4.1B4.0B4.5B4.3B4.5B
Other Current Assets425.7M336.2M316.0M582.3M59.9M56.9M
Total Liab8.6B9.0B10.1B12.0B11.9B12.5B
Intangible Assets1.5B1.5B2.2B2.9B3.3B3.5B
Property Plant Equipment4.0B4.7B4.8B5.0B5.8B6.1B
Long Term Debt48.1M151.6M139.2M1.1B520.8M489.6M
Net Tangible Assets7.0B9.4B11.7B12.2B14.0B9.0B
Deferred Long Term Liab12.5M12.3M8.8M12.4M11.2M10.1M
Short Long Term Debt655.5M1.4B1.2B947.5M822.4M808.2M
Total Current Assets13.7B14.7B15.5B17.6B18.5B15.5B
Non Current Assets Total7.7B9.5B11.5B13.6B15.0B9.6B
Non Currrent Assets Other184.1M712.1M911.1M1.0B1.6B1.6B
Non Current Liabilities Total200.7M388.3M789.5M1.9B1.1B1.1B
Non Current Liabilities Other52.1M39.5M39.1M111.2M84.4M80.1M
Net Invested Capital13.0B16.2B18.0B20.6B22.4B17.5B
Net Working Capital5.3B6.0B6.2B7.4B7.7B7.1B
Other Stockholder Equity22.8M(2.2M)(47.8M)(88.6M)(79.7M)(75.7M)

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Other Information on Investing in Huadong Stock

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