Hongrun Property Plant And Equipment Net vs Short Term Debt 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 Property Plant And Equipment Net and its Short Term Debt 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.

Property Plant And Equipment Net vs Short Term Debt

Property Plant And Equipment Net vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hongrun Construction Property Plant And Equipment Net account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hongrun Construction's Property Plant And Equipment Net and Short Term Debt is 0.63. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt 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 Property Plant And Equipment Net and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Hongrun Construction Group are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Hongrun Construction's Property Plant And Equipment Net and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Debt

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.