Hongrun Capital Expenditures vs Dividends Paid Analysis

002062 Stock   4.36  0.04  0.91%   
Hongrun Construction financial indicator trend analysis is much more than just examining Hongrun Construction latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hongrun Construction is a good investment. Please check the relationship between Hongrun Construction Capital Expenditures and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hongrun Construction Group. 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.

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hongrun Construction Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hongrun Construction's Capital Expenditures and Dividends Paid is 0.49. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Hongrun Construction Group, assuming nothing else is changed. The correlation between historical values of Hongrun Construction's Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Hongrun Construction Group are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Hongrun Construction's Capital Expenditures and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Expenditures

Capital Expenditures are funds used by Hongrun Construction to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Hongrun Construction operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Hongrun Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hongrun Construction 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 Hongrun Construction Group. 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 76 M. The current year's Tax Provision is expected to grow to about 117.9 M
 2021 2022 2023 2024 (projected)
Operating Income676.6M826.1M530.4M448.5M
Total Revenue10.3B8.7B6.4B8.0B

Hongrun Construction fundamental ratios Correlations

0.680.190.990.890.90.480.220.660.880.870.890.530.220.870.490.270.47-0.170.990.990.560.870.910.670.72
0.680.570.690.330.690.220.790.110.30.480.40.030.310.47-0.160.820.130.440.750.750.940.470.70.830.86
0.190.570.160.020.27-0.440.51-0.09-0.160.180.04-0.35-0.10.17-0.470.7-0.280.620.220.240.560.140.290.440.52
0.990.690.160.850.890.530.250.620.870.830.860.540.240.830.460.30.5-0.160.990.980.610.840.90.620.67
0.890.330.020.850.820.33-0.190.810.950.890.940.570.050.90.69-0.120.54-0.410.830.830.20.910.820.430.47
0.90.690.270.890.820.190.230.550.790.840.890.250.090.840.290.320.66-0.020.890.850.630.921.00.60.66
0.480.22-0.440.530.330.190.110.30.440.210.270.590.480.210.490.00.08-0.280.50.530.160.180.20.250.22
0.220.790.510.25-0.190.230.11-0.43-0.19-0.09-0.09-0.230.25-0.09-0.550.89-0.210.660.310.320.81-0.060.250.540.54
0.660.11-0.090.620.810.550.3-0.430.770.640.710.54-0.120.640.89-0.390.43-0.640.590.6-0.010.640.550.310.32
0.880.3-0.160.870.950.790.44-0.190.770.850.940.660.10.860.71-0.170.68-0.520.840.810.180.870.790.380.41
0.870.480.180.830.890.840.21-0.090.640.850.870.440.221.00.430.110.51-0.170.830.820.350.950.840.540.59
0.890.40.040.860.940.890.27-0.090.710.940.870.540.050.880.56-0.040.71-0.350.850.790.280.930.880.470.53
0.530.03-0.350.540.570.250.59-0.230.540.660.440.540.040.460.61-0.240.2-0.710.510.5-0.070.350.250.160.19
0.220.31-0.10.240.050.090.480.25-0.120.10.220.050.040.19-0.050.27-0.110.270.260.280.230.140.090.310.29
0.870.470.170.830.90.840.21-0.090.640.861.00.880.460.190.430.10.52-0.190.830.820.350.940.840.520.58
0.49-0.16-0.470.460.690.290.49-0.550.890.710.430.560.61-0.050.43-0.650.41-0.80.410.43-0.290.440.290.110.08
0.270.820.70.3-0.120.320.00.89-0.39-0.170.11-0.04-0.240.270.1-0.65-0.240.760.360.360.870.080.340.510.56
0.470.13-0.280.50.540.660.08-0.210.430.680.510.710.2-0.110.520.41-0.24-0.370.460.360.110.660.630.130.13
-0.170.440.62-0.16-0.41-0.02-0.280.66-0.64-0.52-0.17-0.35-0.710.27-0.19-0.80.76-0.37-0.1-0.090.52-0.180.00.180.22
0.990.750.220.990.830.890.50.310.590.840.830.850.510.260.830.410.360.46-0.10.990.640.830.90.710.76
0.990.750.240.980.830.850.530.320.60.810.820.790.50.280.820.430.360.36-0.090.990.640.790.860.710.74
0.560.940.560.610.20.630.160.81-0.010.180.350.28-0.070.230.35-0.290.870.110.520.640.640.360.640.60.64
0.870.470.140.840.910.920.18-0.060.640.870.950.930.350.140.940.440.080.66-0.180.830.790.360.920.50.55
0.910.70.290.90.821.00.20.250.550.790.840.880.250.090.840.290.340.630.00.90.860.640.920.60.66
0.670.830.440.620.430.60.250.540.310.380.540.470.160.310.520.110.510.130.180.710.710.60.50.60.99
0.720.860.520.670.470.660.220.540.320.410.590.530.190.290.580.080.560.130.220.760.740.640.550.660.99
Click cells to compare fundamentals

Hongrun Construction Account Relationship Matchups

Hongrun Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.7B17.0B18.3B16.4B15.6B11.1B
Short Long Term Debt Total4.2B3.5B3.8B3.3B2.5B3.0B
Other Current Liab1.2B132.3M140.6M955.1M978.0M840.8M
Total Current Liabilities10.9B11.7B12.6B10.8B9.7B7.4B
Total Stockholder Equity3.2B3.6B3.8B4.1B4.3B2.3B
Property Plant And Equipment Net1.3B1.2B1.1B1.1B1.2B829.4M
Current Deferred Revenue765.5M2.4B2.8B755.3M825.4M1.0B
Net Debt1.3B687.2M1.1B252.2M(380.9M)(361.8M)
Retained Earnings1.7B2.0B2.3B2.5B2.7B2.8B
Accounts Payable6.0B7.2B7.6B7.0B6.7B3.6B
Cash2.9B2.8B2.7B3.0B2.9B1.9B
Non Current Assets Total3.6B3.5B4.1B3.6B3.7B2.1B
Non Currrent Assets Other1.5B1.3B1.5B1.1B515.3M469.9M
Cash And Short Term Investments3.0B2.9B2.7B3.1B2.9B1.9B
Net Receivables1.5B6.9B8.1B7.7B7.1B7.4B
Liabilities And Stockholders Equity15.7B17.0B18.3B16.4B15.6B11.1B
Inventory7.4B3.4B3.3B2.0B1.9B1.8B
Other Current Assets101.8M304.7M129.0M51.9M28.2M29.7M
Other Stockholder Equity43.4M0.73889.631.00.90.86
Total Liab12.4B13.2B14.3B12.0B11.1B8.5B
Total Current Assets12.1B13.5B14.2B12.8B11.9B9.0B
Short Term Debt3.0B2.1B2.1B2.1B1.2B1.9B
Property Plant Equipment1.3B1.2B1.1B1.1B1.2B822.6M
Long Term Debt1.2B1.4B1.6B1.1B1.2B1.3B
Non Current Liabilities Total1.5B1.5B1.7B1.3B1.3B1.3B
Intangible Assets28.3M71.0M70.6M68.9M70.0M52.9M
Other Liab273.0M31.7M41.9M65.7M75.6M99.9M
Short Term Investments134.8M85.1M5.9M67.5M5.0M5.2M
Net Tangible Assets3.0B3.2B3.5B3.8B4.3B3.3B
Deferred Long Term Liab64.0M59.3M53.5M53.0M60.9M48.9M
Short Long Term Debt2.4B1.8B1.6B1.5B788.0M1.4B
Non Current Liabilities Other266.0M22.1M29.0M35.3M30.0M28.5M
Net Invested Capital6.8B6.8B7.1B6.7B6.4B5.4B
Net Working Capital1.2B1.7B1.6B2.1B2.2B1.9B

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Other Information on Investing in Hongrun Stock

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