HaiXin Other Stockholder Equity vs Total Liab Analysis

002702 Stock   4.31  0.14  3.36%   
HaiXin Foods financial indicator trend analysis is much more than just examining HaiXin Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HaiXin Foods is a good investment. Please check the relationship between HaiXin Foods Other Stockholder Equity and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HaiXin Foods Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HaiXin Foods Other Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HaiXin Foods' Other Stockholder Equity and Total Liab is -0.16. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of HaiXin Foods Co, assuming nothing else is changed. The correlation between historical values of HaiXin Foods' Other Stockholder Equity and Total 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 Stockholder Equity of HaiXin Foods Co are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., HaiXin Foods' Other Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from HaiXin Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HaiXin Foods 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 HaiXin Foods Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 221.7 M, whereas Tax Provision is forecasted to decline to about 11.9 M.
 2021 2022 2023 2024 (projected)
Research Development17.6M17.8M16.2M13.7M
Income Tax Expense5.7M21.3M24.5M25.7M

HaiXin Foods fundamental ratios Correlations

0.180.920.890.510.940.240.80.940.90.190.80.660.780.80.720.7-0.08-0.12-0.030.73-0.570.840.780.670.68
0.180.250.090.270.1-0.010.170.07-0.02-0.170.21-0.02-0.150.140.04-0.020.690.14-0.340.110.490.150.140.10.14
0.920.250.660.350.97-0.020.840.880.950.070.860.760.810.780.770.76-0.01-0.09-0.090.82-0.570.90.820.670.7
0.890.090.660.670.720.410.570.870.660.270.560.440.660.610.470.46-0.05-0.080.080.45-0.430.630.480.420.42
0.510.270.350.670.440.230.30.640.360.130.290.360.340.310.240.230.040.13-0.020.19-0.140.230.090.030.14
0.940.10.970.720.440.010.830.940.970.120.830.810.860.780.760.74-0.16-0.09-0.020.78-0.670.870.790.670.69
0.24-0.01-0.020.410.230.010.030.080.010.190.05-0.2-0.190.10.110.12-0.21-0.17-0.220.08-0.07-0.020.220.140.18
0.80.170.840.570.30.830.030.740.820.020.990.670.630.970.950.85-0.17-0.54-0.150.96-0.730.850.850.750.93
0.940.070.880.870.640.940.080.740.90.090.730.790.840.710.650.66-0.16-0.080.00.64-0.60.790.620.510.54
0.9-0.020.950.660.360.970.010.820.90.10.820.830.840.760.780.79-0.23-0.17-0.050.81-0.730.870.790.630.67
0.19-0.170.070.270.130.120.190.020.090.10.08-0.20.180.110.070.020.130.150.290.02-0.260.190.09-0.060.11
0.80.210.860.560.290.830.050.990.730.820.080.630.630.970.940.82-0.12-0.51-0.160.95-0.710.870.860.740.94
0.66-0.020.760.440.360.81-0.20.670.790.83-0.20.630.620.570.60.66-0.34-0.2-0.260.62-0.570.620.580.40.48
0.78-0.150.810.660.340.86-0.190.630.840.840.180.630.620.590.560.54-0.070.050.380.56-0.680.790.480.50.42
0.80.140.780.610.310.780.10.970.710.760.110.970.570.590.910.75-0.21-0.56-0.130.92-0.70.790.850.760.95
0.720.040.770.470.240.760.110.950.650.780.070.940.60.560.910.94-0.28-0.51-0.180.96-0.770.810.850.710.92
0.7-0.020.760.460.230.740.120.850.660.790.020.820.660.540.750.94-0.3-0.41-0.270.88-0.690.780.780.560.76
-0.080.69-0.01-0.050.04-0.16-0.21-0.17-0.16-0.230.13-0.12-0.34-0.07-0.21-0.28-0.30.40.28-0.210.490.05-0.28-0.2-0.26
-0.120.14-0.09-0.080.13-0.09-0.17-0.54-0.08-0.170.15-0.51-0.20.05-0.56-0.51-0.410.40.36-0.540.47-0.24-0.36-0.28-0.59
-0.03-0.34-0.090.08-0.02-0.02-0.22-0.150.0-0.050.29-0.16-0.260.38-0.13-0.18-0.270.280.36-0.21-0.20.01-0.280.09-0.21
0.730.110.820.450.190.780.080.960.640.810.020.950.620.560.920.960.88-0.21-0.54-0.21-0.710.780.870.730.91
-0.570.49-0.57-0.43-0.14-0.67-0.07-0.73-0.6-0.73-0.26-0.71-0.57-0.68-0.7-0.77-0.690.490.47-0.2-0.71-0.68-0.59-0.55-0.69
0.840.150.90.630.230.87-0.020.850.790.870.190.870.620.790.790.810.780.05-0.240.010.78-0.680.730.60.73
0.780.140.820.480.090.790.220.850.620.790.090.860.580.480.850.850.78-0.28-0.36-0.280.87-0.590.730.850.9
0.670.10.670.420.030.670.140.750.510.63-0.060.740.40.50.760.710.56-0.2-0.280.090.73-0.550.60.850.81
0.680.140.70.420.140.690.180.930.540.670.110.940.480.420.950.920.76-0.26-0.59-0.210.91-0.690.730.90.81
Click cells to compare fundamentals

HaiXin Foods Account Relationship Matchups

HaiXin Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.5B1.8B2.2B1.2B
Other Current Liab27.4M37.0M39.5M105.7M43.4M60.1M
Total Current Liabilities406.0M490.1M583.8M666.7M715.2M383.3M
Total Stockholder Equity788.5M835.4M779.8M839.5M1.2B770.1M
Retained Earnings204.8M251.8M193.3M256.5M173.3M214.3M
Accounts Payable285.7M300.0M333.9M417.8M422.1M233.1M
Cash105.1M117.5M116.4M179.1M277.2M163.7M
Other Assets18.5M32.1M41.3M53.0M61.0M64.0M
Net Receivables204.8M222.0M201.0M231.3M253.2M167.7M
Inventory294.5M322.5M371.5M362.6M430.0M246.6M
Other Current Assets18.5M20.6M29.0M50.0M112.9M57.8M
Total Liab407.6M511.8M689.5M906.9M973.5M1.0B
Intangible Assets72.3M70.6M69.2M67.8M65.8M37.9M
Property Plant Equipment300.1M338.8M578.7M754.8M868.0M911.4M
Other Liab1.6M21.7M18.2M26.6M30.6M32.1M
Short Term Investments200.8M233.9M117.7M145.6M131.0M148.8M
Net Tangible Assets671.9M708.3M658.9M720.0M648.0M561.8M
Other Stockholder Equity(47.0)9.028.08.6K7.8K7.4K
Deferred Long Term Liab1.2M8.7M16.6M14.9M17.1M18.0M
Total Current Assets742.2M834.8M730.9M827.0M1.1B841.8M
Non Current Assets Total453.9M518.2M757.0M939.1M1.1B694.8M
Non Currrent Assets Other3.0M2.7M4.9M7.5M7.6M5.1M
Non Current Liabilities Total1.6M21.7M105.7M240.1M258.3M271.3M
Net Invested Capital788.5M835.4M965.4M1.1B1.5B1.1B
Net Working Capital336.1M344.6M147.1M160.3M374.3M240.2M

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.

Other Information on Investing in HaiXin Stock

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