Hainan Other Assets vs Other Current Liab 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 Other Assets and its Other Current Liab 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.

Other Assets vs Other Current Liab

Other Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Shuangcheng Other Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hainan Shuangcheng's Other Assets and Other Current Liab is 0.41. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab 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 Other Assets and Other Current Liab 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 Assets of Hainan Shuangcheng Pharmaceut are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., Hainan Shuangcheng's Other Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Other Current Liab

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 Profit238.9M186.5M161.1M198.2M
Research Development10.6M14.6M8.0M14.9M

Hainan Shuangcheng fundamental ratios Correlations

0.370.670.720.87-0.070.470.220.510.610.520.090.780.330.710.69-0.57-0.270.47-0.35-0.320.05-0.06-0.13-0.020.07
0.370.660.180.1-0.03-0.130.040.410.110.09-0.120.370.270.410.24-0.32-0.12-0.120.2-0.15-0.05-0.38-0.2-0.22-0.4
0.670.660.250.49-0.160.29-0.10.70.40.23-0.380.820.490.640.53-0.69-0.280.2-0.02-0.3-0.150.02-0.17-0.08-0.23
0.720.180.250.60.40.040.680.260.150.090.520.16-0.140.230.1-0.020.24-0.03-0.070.250.2-0.090.220.220.19
0.870.10.490.60.070.490.150.210.610.460.180.730.090.50.57-0.37-0.120.69-0.61-0.170.21-0.130.130.240.42
-0.07-0.03-0.160.40.07-0.250.67-0.47-0.07-0.570.51-0.38-0.9-0.63-0.680.680.97-0.26-0.090.930.68-0.470.910.830.69
0.47-0.130.290.040.49-0.25-0.20.10.870.7-0.20.590.240.340.52-0.26-0.310.75-0.44-0.40.31-0.01-0.140.210.23
0.220.04-0.10.680.150.67-0.2-0.21-0.1-0.360.8-0.26-0.59-0.36-0.410.430.63-0.220.00.610.42-0.250.550.470.42
0.510.410.70.260.21-0.470.1-0.210.040.31-0.440.530.790.730.49-0.78-0.53-0.150.41-0.45-0.510.5-0.61-0.54-0.6
0.610.110.40.150.61-0.070.87-0.10.040.64-0.150.690.120.40.57-0.3-0.180.75-0.6-0.310.45-0.23-0.030.240.34
0.520.090.230.090.46-0.570.7-0.360.310.64-0.150.540.550.680.73-0.41-0.630.59-0.17-0.690.050.22-0.59-0.36-0.18
0.09-0.12-0.380.520.180.51-0.20.8-0.44-0.15-0.15-0.35-0.61-0.37-0.340.570.49-0.01-0.150.470.43-0.250.450.370.46
0.780.370.820.160.73-0.380.59-0.260.530.690.54-0.350.560.770.84-0.8-0.530.67-0.43-0.59-0.130.01-0.27-0.12-0.01
0.330.270.49-0.140.09-0.90.24-0.590.790.120.55-0.610.560.810.74-0.87-0.930.140.2-0.87-0.70.49-0.9-0.81-0.76
0.710.410.640.230.5-0.630.34-0.360.730.40.68-0.370.770.810.92-0.87-0.770.32-0.01-0.79-0.490.28-0.63-0.57-0.47
0.690.240.530.10.57-0.680.52-0.410.490.570.73-0.340.840.740.92-0.84-0.820.62-0.34-0.88-0.390.15-0.58-0.48-0.29
-0.57-0.32-0.69-0.02-0.370.68-0.260.43-0.78-0.3-0.410.57-0.8-0.87-0.87-0.840.78-0.280.060.760.63-0.350.630.590.48
-0.27-0.12-0.280.24-0.120.97-0.310.63-0.53-0.18-0.630.49-0.53-0.93-0.77-0.820.78-0.360.010.980.68-0.380.880.80.65
0.47-0.120.2-0.030.69-0.260.75-0.22-0.150.750.59-0.010.670.140.320.62-0.28-0.36-0.82-0.450.23-0.22-0.030.170.41
-0.350.2-0.02-0.07-0.61-0.09-0.440.00.41-0.6-0.17-0.15-0.430.2-0.01-0.340.060.01-0.820.09-0.340.48-0.28-0.35-0.62
-0.32-0.15-0.30.25-0.170.93-0.40.61-0.45-0.31-0.690.47-0.59-0.87-0.79-0.880.760.98-0.450.090.6-0.290.810.720.57
0.05-0.05-0.150.20.210.680.310.42-0.510.450.050.43-0.13-0.7-0.49-0.390.630.680.23-0.340.6-0.450.560.710.72
-0.06-0.380.02-0.09-0.13-0.47-0.01-0.250.5-0.230.22-0.250.010.490.280.15-0.35-0.38-0.220.48-0.29-0.45-0.47-0.46-0.39
-0.13-0.2-0.170.220.130.91-0.140.55-0.61-0.03-0.590.45-0.27-0.9-0.63-0.580.630.88-0.03-0.280.810.56-0.470.930.8
-0.02-0.22-0.080.220.240.830.210.47-0.540.24-0.360.37-0.12-0.81-0.57-0.480.590.80.17-0.350.720.71-0.460.930.84
0.07-0.4-0.230.190.420.690.230.42-0.60.34-0.180.46-0.01-0.76-0.47-0.290.480.650.41-0.620.570.72-0.390.80.84
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Hainan Shuangcheng Account Relationship Matchups

Hainan Shuangcheng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets951.0M907.7M854.6M911.0M803.2M952.3M
Other Current Liab32.7M25.8M50.4M90.0M2.0M1.9M
Total Current Liabilities93.6M129.4M108.4M319.4M139.9M146.9M
Total Stockholder Equity546.3M492.9M481.8M513.5M471.5M599.4M
Other Liab12.1M13.0M12.4M10.7M12.3M19.4M
Retained Earnings(197.2M)(250.5M)(270.8M)(261.8M)(347.0M)(329.6M)
Accounts Payable9.9M15.4M17.2M15.5M17.1M18.9M
Cash42.7M5.8M21.6M12.2M3.4M3.2M
Other Assets51.1M104.7M105.6M114.8M132.0M138.6M
Net Receivables81.7M23.2M32.6M27.3M13.8M13.1M
Inventory47.6M52.8M55.2M65.4M74.3M51.6M
Other Current Assets531.3K7.8M568.9K1.3M195.6K185.8K
Total Liab272.7M309.4M287.8M330.1M285.6M297.6M
Intangible Assets115.2M134.4M156.9M164.9M171.8M180.4M
Property Plant Equipment601.1M541.0M504.7M471.8M542.5M428.8M
Short Term Investments52.8M94.3M55.4M133.8M28.5M27.1M
Net Tangible Assets472.9M428.5M403.0M441.5M397.3M402.8M
Long Term Debt381.0M311.7M167M135M121.5M179.6M
Deferred Long Term Liab45.0M72.4M80.1M96.3M110.7M60.4M
Total Current Assets225.4M197.5M165.4M252.4M135.2M218.8M
Non Current Assets Total725.6M710.2M689.1M658.6M668.0M603.3M
Non Currrent Assets Other5.4M8.3M9.1M8.7M5.5M5.2M
Non Current Liabilities Total179.1M180.0M179.4M10.7M145.7M181.1M
Net Debt124.3M216.6M145.4M131.6M118.5M158.8M
Net Invested Capital713.3M715.3M648.8M513.5M606.5M569.6M
Net Working Capital131.8M68.1M57.0M(67.0M)(4.7M)(4.5M)
Other Stockholder Equity(367.9K)(368.3K)(360.4K)(357.6K)(321.8K)(337.9K)

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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.