Hubeiyichang Non Currrent Assets Other vs Retained Earnings Analysis

002627 Stock   5.48  0.12  2.24%   
Hubeiyichang Transportation financial indicator trend analysis is much more than just examining Hubeiyichang Transportation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubeiyichang Transportation is a good investment. Please check the relationship between Hubeiyichang Transportation Non Currrent Assets Other and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubeiyichang Transportation 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.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubeiyichang Transportation Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hubeiyichang Transportation's Non Currrent Assets Other and Retained Earnings is 0.36. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Hubeiyichang Transportation Group, assuming nothing else is changed. The correlation between historical values of Hubeiyichang Transportation's Non Currrent Assets Other and Retained Earnings 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 Currrent Assets Other of Hubeiyichang Transportation Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Hubeiyichang Transportation's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Hubeiyichang Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubeiyichang Transportation 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 Hubeiyichang Transportation 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 Tax Provision is expected to grow to about 40.2 M, whereas Selling General Administrative is forecasted to decline to about 84.3 M.
 2021 2022 2023 2024 (projected)
Income Before Tax171.3M20.9M158.0M121.0M
Cost Of Revenue1.9B1.8B1.4B1.4B

Hubeiyichang Transportation fundamental ratios Correlations

0.790.550.570.960.780.90.15-0.160.970.770.870.980.470.220.780.830.820.25-0.040.780.470.750.940.770.98
0.790.430.750.610.460.690.250.390.70.880.530.730.230.520.890.440.880.29-0.40.90.660.810.590.960.82
0.550.430.460.530.480.62-0.32-0.080.520.410.460.560.40.050.310.570.250.240.260.210.350.650.590.420.53
0.570.750.460.370.430.480.530.290.450.840.470.520.520.610.460.380.5-0.04-0.410.510.890.840.420.850.6
0.960.610.530.370.770.870.0-0.370.960.580.90.940.490.030.660.890.720.210.120.640.30.610.980.570.94
0.780.460.480.430.770.820.18-0.310.860.520.70.830.330.190.410.780.390.150.20.410.290.60.760.50.71
0.90.690.620.480.870.82-0.06-0.120.940.680.730.930.290.040.690.740.650.460.040.650.470.670.840.650.84
0.150.25-0.320.530.00.18-0.060.170.070.460.120.140.140.540.18-0.010.21-0.15-0.540.30.380.2-0.010.440.14
-0.160.39-0.080.29-0.37-0.31-0.120.17-0.210.22-0.55-0.15-0.510.520.35-0.560.240.16-0.640.320.30.05-0.440.31-0.17
0.970.70.520.450.960.860.940.07-0.210.650.830.980.360.130.720.840.730.280.050.70.360.660.920.650.93
0.770.880.410.840.580.520.680.460.220.650.580.740.370.470.740.440.760.29-0.410.80.780.790.580.960.77
0.870.530.460.470.90.70.730.12-0.550.830.580.80.730.010.470.930.570.070.150.510.40.680.950.570.9
0.980.730.560.520.940.830.930.14-0.150.980.740.80.360.180.760.780.780.32-0.040.750.420.660.90.720.92
0.470.230.40.520.490.330.290.14-0.510.360.370.730.360.1-0.020.660.19-0.380.20.060.460.590.60.330.55
0.220.520.050.610.030.190.040.540.520.130.470.010.180.10.320.030.32-0.34-0.420.390.460.470.020.560.25
0.780.890.310.460.660.410.690.180.350.720.740.470.76-0.020.320.390.910.54-0.420.980.410.550.590.80.76
0.830.440.570.380.890.780.74-0.01-0.560.840.440.930.780.660.030.390.410.080.390.370.230.70.950.440.84
0.820.880.250.50.720.390.650.210.240.730.760.570.780.190.320.910.410.24-0.450.940.480.530.630.810.83
0.250.290.24-0.040.210.150.46-0.150.160.280.290.070.32-0.38-0.340.540.080.24-0.090.440.030.110.210.240.18
-0.04-0.40.26-0.410.120.20.04-0.54-0.640.05-0.410.15-0.040.2-0.42-0.420.39-0.45-0.09-0.51-0.580.010.2-0.42-0.04
0.780.90.210.510.640.410.650.30.320.70.80.510.750.060.390.980.370.940.44-0.510.50.560.580.850.78
0.470.660.350.890.30.290.470.380.30.360.780.40.420.460.460.410.230.480.03-0.580.50.660.330.740.5
0.750.810.650.840.610.60.670.20.050.660.790.680.660.590.470.550.70.530.110.010.560.660.690.830.79
0.940.590.590.420.980.760.84-0.01-0.440.920.580.950.90.60.020.590.950.630.210.20.580.330.690.570.94
0.770.960.420.850.570.50.650.440.310.650.960.570.720.330.560.80.440.810.24-0.420.850.740.830.570.79
0.980.820.530.60.940.710.840.14-0.170.930.770.90.920.550.250.760.840.830.18-0.040.780.50.790.940.79
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Hubeiyichang Transportation Account Relationship Matchups

Hubeiyichang Transportation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.4B4.8B4.4B4.2B2.9B
Short Long Term Debt Total973.5M1.2B776.6M453.2M380.7M496.4M
Other Current Liab131.3M52.0M41.5M150.9M131.9M82.5M
Total Current Liabilities1.0B1.1B873.5M767.9M321.5M305.4M
Total Stockholder Equity2.2B2.2B3.1B3.0B3.1B1.6B
Other Liab192.6M193.1M198.5M206.9M238.0M187.7M
Property Plant And Equipment Net1.2B962.1M1.0B1.1B1.2B851.3M
Current Deferred Revenue170.9M251.4M219.2M93.7M41.4M39.3M
Net Debt145.6M515.9M(562.8M)(775.1M)(479.2M)(455.2M)
Retained Earnings546.5M556.2M633.1M559.7M686.8M399.6M
Accounts Payable412.8M387.4M296.2M294.8M138.9M229.3M
Cash827.9M672.9M1.3B1.2B859.9M688.1M
Non Current Assets Total2.2B2.1B2.2B2.2B2.3B1.5B
Non Currrent Assets Other30.0M23.4M658.3M628.2M22.4M21.2M
Other Assets322.5M293.6M1.0673.0M1.151.09
Long Term Debt778.9M803.8M457.2M222.3M371.1M242.2M
Cash And Short Term Investments827.9M672.9M1.4B1.2B1.5B787.9M
Net Receivables887.5M1.3B1.1B659.8M427.0M425.5M
Short Term Investments(384.0M)(645.6M)19.7M8.8M607.9M638.3M
Liabilities And Stockholders Equity4.2B4.4B4.8B4.4B4.2B2.9B
Non Current Liabilities Total871.1M996.9M658.6M431.6M386.3M404.8M
Inventory270.8M250.4M168.6M238.1M5.2M5.0M
Other Current Assets53.5M49.5M40.7M19.1M12.3M17.6M
Other Stockholder Equity1.2B990.0M1.6B1.6B1.6B866.0M
Total Liab1.9B2.1B1.5B1.2B707.8M1.1B
Total Current Assets2.0B2.3B2.6B2.2B1.9B1.4B
Short Term Debt295.0M385.1M316.4M228.5M9.3M8.9M
Intangible Assets466.0M439.8M449.2M440.6M415.2M321.4M
Common Stock314.7M334.0M567.8M738.1M848.9M891.3M
Property Plant Equipment1.2B961.9M1.0B1.1B1.2B877.1M
Net Tangible Assets1.7B1.8B2.7B2.6B3.0B1.8B
Deferred Long Term Liab7.4M12.1M10.2M8.7M7.9M13.4M
Short Long Term Debt330M693M270M50M57.5M54.6M
Net Invested Capital3.2B3.4B3.6B3.2B3.5B3.5B
Net Working Capital1.0B1.2B1.8B1.4B1.6B1.4B

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Other Information on Investing in Hubeiyichang Stock

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