Anhui Other Liab vs Intangible Assets Analysis

001217 Stock   13.75  0.68  5.20%   
Anhui Huaertai financial indicator trend analysis is way more than just evaluating Anhui Huaertai Chemical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Huaertai Chemical is a good investment. Please check the relationship between Anhui Huaertai Other Liab and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Huaertai Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Intangible Assets

Other Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Huaertai Chemical Other Liab account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Anhui Huaertai's Other Liab and Intangible Assets is 0.88. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Anhui Huaertai Chemical, assuming nothing else is changed. The correlation between historical values of Anhui Huaertai's Other Liab and Intangible 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 Anhui Huaertai Chemical are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Liab i.e., Anhui Huaertai's Other Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Anhui Huaertai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Huaertai Chemical 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 Anhui Huaertai Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 37.4 M, whereas Selling General Administrative is forecasted to decline to about 19.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit606.5M358.2M286.3M382.7M
Total Revenue1.9B2.1B1.8B1.7B

Anhui Huaertai fundamental ratios Correlations

-0.750.050.760.980.79-0.920.980.820.950.960.60.910.080.96-0.620.930.850.93-0.760.840.990.950.980.980.87
-0.75-0.34-0.51-0.83-0.680.88-0.87-0.62-0.78-0.7-0.47-0.790.29-0.80.97-0.8-0.4-0.741.0-0.57-0.73-0.82-0.75-0.8-0.83
0.05-0.34-0.530.21-0.41-0.260.2-0.420.3-0.140.420.11-0.230.26-0.52-0.01-0.40.31-0.34-0.390.02-0.020.180.190.35
0.76-0.51-0.530.680.96-0.660.680.990.60.820.30.740.250.66-0.290.840.840.58-0.510.850.760.780.660.670.59
0.98-0.830.210.680.74-0.970.990.760.980.910.620.940.020.98-0.720.940.740.97-0.830.760.970.940.990.990.93
0.79-0.68-0.410.960.74-0.750.760.980.660.830.230.810.040.7-0.480.890.770.63-0.680.870.80.870.710.730.66
-0.920.88-0.26-0.66-0.97-0.75-0.95-0.75-0.97-0.8-0.58-0.98-0.02-0.960.79-0.96-0.59-0.960.88-0.66-0.91-0.91-0.94-0.95-0.98
0.98-0.870.20.680.990.76-0.950.760.950.920.610.91-0.060.97-0.770.920.740.93-0.870.780.960.950.970.980.91
0.82-0.62-0.420.990.760.98-0.750.760.670.860.370.80.180.74-0.420.890.830.65-0.630.860.810.840.730.740.67
0.95-0.780.30.60.980.66-0.970.950.670.820.610.950.070.97-0.690.920.651.0-0.780.660.950.890.980.980.96
0.96-0.7-0.140.820.910.83-0.80.920.860.820.530.80.030.87-0.540.850.930.79-0.70.930.940.930.90.910.72
0.6-0.470.420.30.620.23-0.580.610.370.610.530.480.330.73-0.460.490.430.63-0.470.190.480.40.580.570.63
0.91-0.790.110.740.940.81-0.980.910.80.950.80.480.10.92-0.660.990.640.95-0.790.70.930.910.920.930.96
0.080.29-0.230.250.020.04-0.02-0.060.180.070.030.330.10.160.420.110.240.140.27-0.090.05-0.030.070.040.12
0.96-0.80.260.660.980.7-0.960.970.740.970.870.730.920.16-0.70.920.710.96-0.80.670.930.90.960.970.95
-0.620.97-0.52-0.29-0.72-0.480.79-0.77-0.42-0.69-0.54-0.46-0.660.42-0.7-0.65-0.21-0.650.96-0.4-0.59-0.68-0.64-0.69-0.74
0.93-0.8-0.010.840.940.89-0.960.920.890.920.850.490.990.110.92-0.650.710.91-0.80.770.930.930.910.920.92
0.85-0.4-0.40.840.740.77-0.590.740.830.650.930.430.640.240.71-0.210.710.63-0.40.910.830.780.770.750.51
0.93-0.740.310.580.970.63-0.960.930.651.00.790.630.950.140.96-0.650.910.63-0.740.610.930.860.970.960.97
-0.761.0-0.34-0.51-0.83-0.680.88-0.87-0.63-0.78-0.7-0.47-0.790.27-0.80.96-0.8-0.4-0.74-0.57-0.73-0.82-0.75-0.8-0.83
0.84-0.57-0.390.850.760.87-0.660.780.860.660.930.190.7-0.090.67-0.40.770.910.61-0.570.860.880.770.780.54
0.99-0.730.020.760.970.8-0.910.960.810.950.940.480.930.050.93-0.590.930.830.93-0.730.860.960.980.980.86
0.95-0.82-0.020.780.940.87-0.910.950.840.890.930.40.91-0.030.9-0.680.930.780.86-0.820.880.960.930.950.85
0.98-0.750.180.660.990.71-0.940.970.730.980.90.580.920.070.96-0.640.910.770.97-0.750.770.980.930.990.91
0.98-0.80.190.670.990.73-0.950.980.740.980.910.570.930.040.97-0.690.920.750.96-0.80.780.980.950.990.92
0.87-0.830.350.590.930.66-0.980.910.670.960.720.630.960.120.95-0.740.920.510.97-0.830.540.860.850.910.92
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Anhui Huaertai Account Relationship Matchups

Anhui Huaertai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets941.7M1.0B2.3B2.9B3.4B1.9B
Other Current Liab58.2M71.7M95.4M65.7M5.1M4.9M
Total Current Liabilities228.4M207.0M327.7M781.5M1.1B1.2B
Total Stockholder Equity670.5M778.3M1.9B2.1B2.2B1.4B
Property Plant And Equipment Net537.7M523.2M730.4M1.1B1.9B2.0B
Net Debt11.0M(27.3M)(427.5M)(370.7M)(333.6M)(316.9M)
Retained Earnings194.3M285.4M626.3M757.7M866.8M447.4M
Accounts Payable122.2M105.1M232.4M715.8M1.0B1.1B
Cash37.1M57.5M427.5M370.7M361.0M202.9M
Non Current Assets Total651.4M661.5M945.0M1.7B2.3B1.2B
Non Currrent Assets Other50.4M76.4M150.2M728.9M59.8M56.8M
Cash And Short Term Investments37.1M57.5M1.0B782.4M899.7M944.7M
Liabilities And Stockholders Equity941.7M1.0B2.3B2.9B3.4B3.5B
Non Current Liabilities Total42.8M47.5M51.3M60.2M49.8M55.5M
Inventory56.1M80.2M132.8M163.4M137.6M107.5M
Other Current Assets161.5K1.2M909.8K33.4M76.1M69.3M
Other Stockholder Equity227.3M244.0M963.6M985.7M1.1B1.2B
Total Liab271.2M254.5M379.1M841.7M1.1B588.9M
Total Current Assets290.2M371.3M1.4B1.2B1.1B778.3M
Intangible Assets50.9M49.7M53.1M59.3M86.8M63.1M

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Other Information on Investing in Anhui Stock

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