Hainan Investments vs Change To Account Receivables Analysis

002865 Stock   48.21  0.02  0.04%   
Hainan Drinda financial indicator trend analysis is much more than just examining Hainan Drinda Automotive latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Drinda Automotive is a good investment. Please check the relationship between Hainan Drinda Investments and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Drinda Automotive. 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.

Investments vs Change To Account Receivables

Investments vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Drinda Automotive Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hainan Drinda's Investments and Change To Account Receivables is -0.67. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Hainan Drinda Automotive, assuming nothing else is changed. The correlation between historical values of Hainan Drinda's Investments and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Hainan Drinda Automotive are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Investments i.e., Hainan Drinda's Investments and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Account Receivables

Most indicators from Hainan Drinda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Drinda Automotive 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 Drinda Automotive. 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 100.9 M, whereas Tax Provision is projected to grow to (133.3 M).
 2022 2023 2024 2025 (projected)
Gross Profit1.3B2.8B72.3M68.7M
Total Revenue11.6B18.7B10.0B5.8B

Hainan Drinda fundamental ratios Correlations

0.170.990.96-0.750.810.990.991.00.770.740.97-0.921.00.850.961.0-0.660.841.00.560.450.780.760.960.96
0.170.26-0.1-0.480.180.060.110.20.310.460.25-0.40.210.090.050.23-0.120.070.120.360.20.290.360.40.34
0.990.260.92-0.810.770.980.980.990.740.750.96-0.940.990.830.961.0-0.670.860.980.550.430.80.760.980.98
0.96-0.10.92-0.580.810.970.960.950.730.650.91-0.810.950.840.930.94-0.60.80.970.520.420.710.710.850.87
-0.75-0.48-0.81-0.58-0.47-0.75-0.68-0.77-0.54-0.59-0.670.82-0.73-0.68-0.71-0.770.52-0.61-0.7-0.29-0.28-0.73-0.48-0.82-0.75
0.810.180.770.81-0.470.780.810.80.810.590.8-0.740.840.80.640.81-0.640.450.830.50.340.510.60.720.77
0.990.060.980.97-0.750.780.980.990.720.670.93-0.890.980.870.960.98-0.680.840.990.460.370.760.70.930.93
0.990.110.980.96-0.680.810.980.980.710.690.98-0.90.990.80.970.99-0.720.881.00.530.440.720.740.940.97
1.00.20.990.95-0.770.80.990.980.780.770.96-0.930.990.850.961.0-0.640.840.990.580.460.810.780.970.96
0.770.310.740.73-0.540.810.720.710.780.810.71-0.670.770.810.610.76-0.250.40.740.760.530.720.780.720.68
0.740.460.750.65-0.590.590.670.690.770.810.73-0.770.740.640.690.75-0.130.580.70.930.70.920.950.80.73
0.970.250.960.91-0.670.80.930.980.960.710.73-0.90.980.740.940.98-0.720.880.970.590.490.70.770.960.99
-0.92-0.4-0.94-0.810.82-0.74-0.89-0.9-0.93-0.67-0.77-0.9-0.93-0.71-0.87-0.930.59-0.76-0.9-0.56-0.45-0.79-0.73-0.95-0.93
1.00.210.990.95-0.730.840.980.990.990.770.740.98-0.930.830.951.0-0.70.841.00.560.450.750.760.960.98
0.850.090.830.84-0.680.80.870.80.850.810.640.74-0.710.830.750.83-0.540.530.840.440.210.750.680.760.74
0.960.050.960.93-0.710.640.960.970.960.610.690.94-0.870.950.750.96-0.630.940.960.50.440.770.730.930.93
1.00.231.00.94-0.770.810.980.991.00.760.750.98-0.931.00.830.96-0.690.850.990.560.450.770.760.980.98
-0.66-0.12-0.67-0.60.52-0.64-0.68-0.72-0.64-0.25-0.13-0.720.59-0.7-0.54-0.63-0.69-0.64-0.710.070.02-0.17-0.22-0.64-0.74
0.840.070.860.8-0.610.450.840.880.840.40.580.88-0.760.840.530.940.85-0.640.850.410.420.630.650.860.88
1.00.120.980.97-0.70.830.991.00.990.740.70.97-0.91.00.840.960.99-0.710.850.530.430.730.740.940.96
0.560.360.550.52-0.290.50.460.530.580.760.930.59-0.560.560.440.50.560.070.410.530.820.770.890.60.54
0.450.20.430.42-0.280.340.370.440.460.530.70.49-0.450.450.210.440.450.020.420.430.820.60.580.470.44
0.780.290.80.71-0.730.510.760.720.810.720.920.7-0.790.750.750.770.77-0.170.630.730.770.60.860.810.71
0.760.360.760.71-0.480.60.70.740.780.780.950.77-0.730.760.680.730.76-0.220.650.740.890.580.860.80.76
0.960.40.980.85-0.820.720.930.940.970.720.80.96-0.950.960.760.930.98-0.640.860.940.60.470.810.80.98
0.960.340.980.87-0.750.770.930.970.960.680.730.99-0.930.980.740.930.98-0.740.880.960.540.440.710.760.98
Click cells to compare fundamentals

Hainan Drinda Account Relationship Matchups

Hainan Drinda fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B6.0B9.5B18.4B16.5B17.3B
Other Current Liab60.3M980.1M2.2B60.8M20.7M19.7M
Total Current Liabilities579.3M3.0B4.4B6.5B6.4B6.7B
Total Stockholder Equity1.0B1.0B1.1B4.7B3.9B4.1B
Net Tangible Assets809.0M906.9M(161.2M)31.1M28.0M26.6M
Retained Earnings378.1M192.8M813.0M1.5B713.7M608.6M
Accounts Payable369.3M1.4B1.5B3.9B3.5B3.6B
Cash333.0M491.5M1.9B3.6B3.5B3.7B
Non Current Assets Total999.9M4.3B5.9B11.4B10.1B10.6B
Non Currrent Assets Other38.6M109.0M98.8M191.5M78.4M91.2M
Other Assets357.2M331.9M470.9M441.6M507.8M348.4M
Long Term Debt213.8M192.3M1.7B2.0B2.1B2.2B
Net Receivables214.5M166.5M46.5M10.0M28.0M26.6M
Non Current Liabilities Total230.4M1.4B4.1B7.2B6.2B6.5B
Inventory189.0M437.7M338.9M727.3M552.1M414.8M
Other Current Assets43.6M235.5M268.1M586.7M843.3M885.4M
Total Liab809.7M4.4B8.4B13.7B12.6B13.2B
Deferred Long Term Liab248.1M266.1M283.4M3.3M3.8M3.6M
Short Long Term Debt50M176.8M589.1M450.1M1.5B1.6B
Total Current Assets857.7M1.7B3.6B7.0B6.3B6.6B
Intangible Assets141.0M299.7M159.3M239.1M321.0M184.1M
Common Stock120.9M128.8M137.3M141.5M162.8M135.2M
Property Plant Equipment467.0M471.0M2.7B4.5B5.1B5.4B
Other Liab2.6M2.9M436.3M2.4B2.8B2.9B
Common Stock Shares Outstanding128.8M137.3M141.5M227.4M229.2M168.7M
Net Invested Capital1.3B1.4B3.3B7.2B7.5B7.9B
Net Working Capital278.4M(1.3B)(818.1M)539.7M(45.8M)(48.1M)
Capital Stock128.8M137.3M141.5M227.4M229.2M173.9M
Property Plant And Equipment Net471.0M2.7B4.5B9.4B8.5B4.7B
Property Plant And Equipment Gross824.8M3.3B4.9B11.1B8.5B5.4B

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Other Information on Investing in Hainan Stock

Balance Sheet is a snapshot of the financial position of Hainan Drinda Automotive at a specified time, usually calculated after every quarter, six months, or one year. Hainan Drinda Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hainan Drinda 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.