Hainan Intangible Assets vs Retained Earnings Analysis

002693 Stock

22.96 0.08 0.35%

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

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Shuangcheng Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Hainan Shuangcheng's Intangible Assets and Retained Earnings is -0.9. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Hainan Shuangcheng Pharmaceut, assuming nothing else is changed. The correlation between historical values of Hainan Shuangcheng's Intangible Assets 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 Intangible Assets of Hainan Shuangcheng Pharmaceut 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 Intangible Assets i.e., Hainan Shuangcheng's Intangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.9

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 Hainan Shuangcheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Shuangcheng 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 Hainan Shuangcheng Pharmaceut. 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 November 30, 2024, Selling General Administrative is expected to decline to about 108 M. The current year's Tax Provision is expected to grow to about (942 K)

	2021	2022	2023	2024 (projected)
Gross Profit	238.9M	186.5M	161.1M	198.2M
Research Development	10.6M	14.6M	8.0M	14.9M

Gross Profit Research Development

Hainan Shuangcheng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.37	0.67	0.72	0.87	-0.07	0.47	0.22	0.51	0.61	0.52	0.09	0.78	0.33	0.71	0.69	-0.57	-0.27	0.47	-0.35	-0.32	0.05	-0.06	-0.13	-0.02	0.07
Other Current Liab	0.37		0.66	0.18	0.1	-0.03	-0.13	0.04	0.41	0.11	0.09	-0.12	0.37	0.27	0.41	0.24	-0.32	-0.12	-0.12	0.2	-0.15	-0.05	-0.38	-0.2	-0.22	-0.4
Total Current Liabilities	0.67	0.66		0.25	0.49	-0.16	0.29	-0.1	0.7	0.4	0.23	-0.38	0.82	0.49	0.64	0.53	-0.69	-0.28	0.2	-0.02	-0.3	-0.15	0.02	-0.17	-0.08	-0.23
Total Stockholder Equity	0.72	0.18	0.25		0.6	0.4	0.04	0.68	0.26	0.15	0.09	0.52	0.16	-0.14	0.23	0.1	-0.02	0.24	-0.03	-0.07	0.25	0.2	-0.09	0.22	0.22	0.19
Other Liab	0.87	0.1	0.49	0.6		0.07	0.49	0.15	0.21	0.61	0.46	0.18	0.73	0.09	0.5	0.57	-0.37	-0.12	0.69	-0.61	-0.17	0.21	-0.13	0.13	0.24	0.42
Retained Earnings	-0.07	-0.03	-0.16	0.4	0.07		-0.25	0.67	-0.47	-0.07	-0.57	0.51	-0.38	-0.9	-0.63	-0.68	0.68	0.97	-0.26	-0.09	0.93	0.68	-0.47	0.91	0.83	0.69
Accounts Payable	0.47	-0.13	0.29	0.04	0.49	-0.25		-0.2	0.1	0.87	0.7	-0.2	0.59	0.24	0.34	0.52	-0.26	-0.31	0.75	-0.44	-0.4	0.31	-0.01	-0.14	0.21	0.23
Cash	0.22	0.04	-0.1	0.68	0.15	0.67	-0.2		-0.21	-0.1	-0.36	0.8	-0.26	-0.59	-0.36	-0.41	0.43	0.63	-0.22	0.0	0.61	0.42	-0.25	0.55	0.47	0.42
Other Assets	0.51	0.41	0.7	0.26	0.21	-0.47	0.1	-0.21		0.04	0.31	-0.44	0.53	0.79	0.73	0.49	-0.78	-0.53	-0.15	0.41	-0.45	-0.51	0.5	-0.61	-0.54	-0.6
Net Receivables	0.61	0.11	0.4	0.15	0.61	-0.07	0.87	-0.1	0.04		0.64	-0.15	0.69	0.12	0.4	0.57	-0.3	-0.18	0.75	-0.6	-0.31	0.45	-0.23	-0.03	0.24	0.34
Inventory	0.52	0.09	0.23	0.09	0.46	-0.57	0.7	-0.36	0.31	0.64		-0.15	0.54	0.55	0.68	0.73	-0.41	-0.63	0.59	-0.17	-0.69	0.05	0.22	-0.59	-0.36	-0.18
Other Current Assets	0.09	-0.12	-0.38	0.52	0.18	0.51	-0.2	0.8	-0.44	-0.15	-0.15		-0.35	-0.61	-0.37	-0.34	0.57	0.49	-0.01	-0.15	0.47	0.43	-0.25	0.45	0.37	0.46
Total Liab	0.78	0.37	0.82	0.16	0.73	-0.38	0.59	-0.26	0.53	0.69	0.54	-0.35		0.56	0.77	0.84	-0.8	-0.53	0.67	-0.43	-0.59	-0.13	0.01	-0.27	-0.12	-0.01
Intangible Assets	0.33	0.27	0.49	-0.14	0.09	-0.9	0.24	-0.59	0.79	0.12	0.55	-0.61	0.56		0.81	0.74	-0.87	-0.93	0.14	0.2	-0.87	-0.7	0.49	-0.9	-0.81	-0.76
Common Stock	0.71	0.41	0.64	0.23	0.5	-0.63	0.34	-0.36	0.73	0.4	0.68	-0.37	0.77	0.81		0.92	-0.87	-0.77	0.32	-0.01	-0.79	-0.49	0.28	-0.63	-0.57	-0.47
Property Plant Equipment	0.69	0.24	0.53	0.1	0.57	-0.68	0.52	-0.41	0.49	0.57	0.73	-0.34	0.84	0.74	0.92		-0.84	-0.82	0.62	-0.34	-0.88	-0.39	0.15	-0.58	-0.48	-0.29
Short Term Investments	-0.57	-0.32	-0.69	-0.02	-0.37	0.68	-0.26	0.43	-0.78	-0.3	-0.41	0.57	-0.8	-0.87	-0.87	-0.84		0.78	-0.28	0.06	0.76	0.63	-0.35	0.63	0.59	0.48
Net Tangible Assets	-0.27	-0.12	-0.28	0.24	-0.12	0.97	-0.31	0.63	-0.53	-0.18	-0.63	0.49	-0.53	-0.93	-0.77	-0.82	0.78		-0.36	0.01	0.98	0.68	-0.38	0.88	0.8	0.65
Long Term Debt	0.47	-0.12	0.2	-0.03	0.69	-0.26	0.75	-0.22	-0.15	0.75	0.59	-0.01	0.67	0.14	0.32	0.62	-0.28	-0.36		-0.82	-0.45	0.23	-0.22	-0.03	0.17	0.41
Deferred Long Term Liab	-0.35	0.2	-0.02	-0.07	-0.61	-0.09	-0.44	0.0	0.41	-0.6	-0.17	-0.15	-0.43	0.2	-0.01	-0.34	0.06	0.01	-0.82		0.09	-0.34	0.48	-0.28	-0.35	-0.62
Long Term Investments	-0.32	-0.15	-0.3	0.25	-0.17	0.93	-0.4	0.61	-0.45	-0.31	-0.69	0.47	-0.59	-0.87	-0.79	-0.88	0.76	0.98	-0.45	0.09		0.6	-0.29	0.81	0.72	0.57
Total Current Assets	0.05	-0.05	-0.15	0.2	0.21	0.68	0.31	0.42	-0.51	0.45	0.05	0.43	-0.13	-0.7	-0.49	-0.39	0.63	0.68	0.23	-0.34	0.6		-0.45	0.56	0.71	0.72
Treasury Stock	-0.06	-0.38	0.02	-0.09	-0.13	-0.47	-0.01	-0.25	0.5	-0.23	0.22	-0.25	0.01	0.49	0.28	0.15	-0.35	-0.38	-0.22	0.48	-0.29	-0.45		-0.47	-0.46	-0.39
Non Current Assets Total	-0.13	-0.2	-0.17	0.22	0.13	0.91	-0.14	0.55	-0.61	-0.03	-0.59	0.45	-0.27	-0.9	-0.63	-0.58	0.63	0.88	-0.03	-0.28	0.81	0.56	-0.47		0.93	0.8
Non Currrent Assets Other	-0.02	-0.22	-0.08	0.22	0.24	0.83	0.21	0.47	-0.54	0.24	-0.36	0.37	-0.12	-0.81	-0.57	-0.48	0.59	0.8	0.17	-0.35	0.72	0.71	-0.46	0.93		0.84
Non Current Liabilities Total	0.07	-0.4	-0.23	0.19	0.42	0.69	0.23	0.42	-0.6	0.34	-0.18	0.46	-0.01	-0.76	-0.47	-0.29	0.48	0.65	0.41	-0.62	0.57	0.72	-0.39	0.8	0.84

Click cells to compare fundamentals

Hainan Shuangcheng Account Relationship Matchups

Hainan Shuangcheng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	951.0M	907.7M	854.6M	911.0M	803.2M	952.3M
Other Current Liab	32.7M	25.8M	50.4M	90.0M	2.0M	1.9M
Total Current Liabilities	93.6M	129.4M	108.4M	319.4M	139.9M	146.9M
Total Stockholder Equity	546.3M	492.9M	481.8M	513.5M	471.5M	599.4M
Other Liab	12.1M	13.0M	12.4M	10.7M	12.3M	19.4M
Retained Earnings	(197.2M)	(250.5M)	(270.8M)	(261.8M)	(347.0M)	(329.6M)
Accounts Payable	9.9M	15.4M	17.2M	15.5M	17.1M	18.9M
Cash	42.7M	5.8M	21.6M	12.2M	3.4M	3.2M
Other Assets	51.1M	104.7M	105.6M	114.8M	132.0M	138.6M
Net Receivables	81.7M	23.2M	32.6M	27.3M	13.8M	13.1M
Inventory	47.6M	52.8M	55.2M	65.4M	74.3M	51.6M
Other Current Assets	531.3K	7.8M	568.9K	1.3M	195.6K	185.8K
Total Liab	272.7M	309.4M	287.8M	330.1M	285.6M	297.6M
Intangible Assets	115.2M	134.4M	156.9M	164.9M	171.8M	180.4M
Property Plant Equipment	601.1M	541.0M	504.7M	471.8M	542.5M	428.8M
Short Term Investments	52.8M	94.3M	55.4M	133.8M	28.5M	27.1M
Net Tangible Assets	472.9M	428.5M	403.0M	441.5M	397.3M	402.8M
Long Term Debt	381.0M	311.7M	167M	135M	121.5M	179.6M
Deferred Long Term Liab	45.0M	72.4M	80.1M	96.3M	110.7M	60.4M
Total Current Assets	225.4M	197.5M	165.4M	252.4M	135.2M	218.8M
Non Current Assets Total	725.6M	710.2M	689.1M	658.6M	668.0M	603.3M
Non Currrent Assets Other	5.4M	8.3M	9.1M	8.7M	5.5M	5.2M
Non Current Liabilities Total	179.1M	180.0M	179.4M	10.7M	145.7M	181.1M
Net Debt	124.3M	216.6M	145.4M	131.6M	118.5M	158.8M
Net Invested Capital	713.3M	715.3M	648.8M	513.5M	606.5M	569.6M
Net Working Capital	131.8M	68.1M	57.0M	(67.0M)	(4.7M)	(4.5M)
Other Stockholder Equity	(367.9K)	(368.3K)	(360.4K)	(357.6K)	(321.8K)	(337.9K)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Hainan Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hainan Intangible Assets vs Retained Earnings Analysis

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Intangible Assets

Retained Earnings

Hainan Shuangcheng fundamental ratios Correlations

Hainan Shuangcheng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hainan Shuangcheng fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Hainan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Investments	+ 0.98	Net Tangible Assets
Net Tangible Assets	+ 0.97	Retained Earnings
Long Term Investments	+ 0.93	Retained Earnings
Non Currrent Assets Other	+ 0.93	Non Current Assets Total
Property Plant Equipment	+ 0.92	Common Stock
Non Current Assets Total	+ 0.91	Retained Earnings

Net Tangible Assets	- 0.93	Intangible Assets
Non Current Assets Total	- 0.9	Intangible Assets
Intangible Assets	- 0.9	Retained Earnings
Long Term Investments	- 0.88	Property Plant Equipment
Short Term Investments	- 0.87	Common Stock
Long Term Investments	- 0.87	Intangible Assets