Hithink Total Current Assets vs Non Currrent Assets Other Analysis

300033 Stock   279.59  13.61  4.64%   
Hithink RoyalFlush financial indicator trend analysis is much more than just examining Hithink RoyalFlush Info latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hithink RoyalFlush Info is a good investment. Please check the relationship between Hithink RoyalFlush Total Current Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hithink RoyalFlush Info. 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.

Total Current Assets vs Non Currrent Assets Other

Total Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hithink RoyalFlush Info Total Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Hithink RoyalFlush's Total Current Assets and Non Currrent Assets Other is 0.07. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Hithink RoyalFlush Info, assuming nothing else is changed. The correlation between historical values of Hithink RoyalFlush's Total Current Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Hithink RoyalFlush Info are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., Hithink RoyalFlush's Total Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
Most indicators from Hithink RoyalFlush's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hithink RoyalFlush Info 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 Hithink RoyalFlush Info. 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 203.4 M. The current year's Tax Provision is expected to grow to about 111.4 M
 2021 2022 2023 2024 (projected)
Operating Income1.9B1.7B1.3B816.8M
Total Revenue3.5B3.6B3.6B3.7B

Hithink RoyalFlush fundamental ratios Correlations

0.280.961.00.850.991.0-0.090.51-0.170.970.70.960.930.610.90.410.1-0.810.910.860.13-0.780.76-0.820.78
0.280.320.260.090.280.290.320.72-0.250.310.70.10.21-0.480.21-0.56-0.31-0.370.210.070.29-0.210.16-0.320.17
0.960.320.940.820.930.97-0.050.62-0.231.00.740.920.870.630.810.40.07-0.750.830.770.12-0.710.71-0.740.72
1.00.260.940.841.00.99-0.10.47-0.160.940.680.960.940.590.910.410.11-0.820.920.870.14-0.790.76-0.830.78
0.850.090.820.840.850.86-0.210.18-0.10.840.420.820.950.580.80.51-0.02-0.550.860.840.1-0.740.95-0.610.95
0.990.280.931.00.850.99-0.090.45-0.180.930.670.950.940.560.920.390.09-0.820.940.880.15-0.80.77-0.840.79
1.00.290.970.990.860.99-0.070.51-0.180.970.70.960.940.60.90.410.07-0.80.920.860.12-0.770.77-0.810.79
-0.090.32-0.05-0.1-0.21-0.09-0.070.46-0.04-0.06-0.01-0.17-0.03-0.29-0.07-0.12-0.630.27-0.02-0.08-0.440.14-0.170.24-0.17
0.510.720.620.470.180.450.510.46-0.20.60.830.380.330.090.37-0.19-0.25-0.470.360.240.07-0.240.15-0.410.17
-0.17-0.25-0.23-0.16-0.1-0.18-0.18-0.04-0.2-0.22-0.26-0.18-0.12-0.02-0.130.060.050.19-0.13-0.09-0.050.08-0.070.19-0.07
0.970.311.00.940.840.930.97-0.060.6-0.220.730.920.880.630.820.410.07-0.750.840.780.12-0.720.73-0.740.74
0.70.70.740.680.420.670.7-0.010.83-0.260.730.590.520.220.63-0.190.03-0.780.570.470.37-0.50.42-0.690.44
0.960.10.920.960.820.950.96-0.170.38-0.180.920.590.870.730.870.590.28-0.730.870.870.01-0.730.7-0.730.71
0.930.210.870.940.950.940.94-0.030.33-0.120.880.520.870.520.890.42-0.1-0.680.940.890.1-0.80.91-0.740.92
0.61-0.480.630.590.580.560.6-0.290.09-0.020.630.220.730.520.580.780.38-0.370.560.64-0.18-0.410.45-0.360.46
0.90.210.810.910.80.920.9-0.070.37-0.130.820.630.870.890.580.40.07-0.730.990.970.1-0.850.82-0.760.84
0.41-0.560.40.410.510.390.41-0.12-0.190.060.41-0.190.590.420.780.40.340.060.440.58-0.53-0.290.37-0.020.37
0.1-0.310.070.11-0.020.090.07-0.63-0.250.050.070.030.28-0.10.380.070.34-0.22-0.010.10.06-0.12-0.130.03-0.12
-0.81-0.37-0.75-0.82-0.55-0.82-0.80.27-0.470.19-0.75-0.78-0.73-0.68-0.37-0.730.06-0.22-0.68-0.56-0.480.64-0.50.89-0.52
0.910.210.830.920.860.940.92-0.020.36-0.130.840.570.870.940.560.990.44-0.01-0.680.970.07-0.870.87-0.750.88
0.860.070.770.870.840.880.86-0.080.24-0.090.780.470.870.890.640.970.580.1-0.560.97-0.06-0.820.86-0.620.87
0.130.290.120.140.10.150.12-0.440.07-0.050.120.370.010.1-0.180.1-0.530.06-0.480.07-0.06-0.430.14-0.480.16
-0.78-0.21-0.71-0.79-0.74-0.8-0.770.14-0.240.08-0.72-0.5-0.73-0.8-0.41-0.85-0.29-0.120.64-0.87-0.82-0.43-0.760.68-0.78
0.760.160.710.760.950.770.77-0.170.15-0.070.730.420.70.910.450.820.37-0.13-0.50.870.860.14-0.76-0.571.0
-0.82-0.32-0.74-0.83-0.61-0.84-0.810.24-0.410.19-0.74-0.69-0.73-0.74-0.36-0.76-0.020.030.89-0.75-0.62-0.480.68-0.57-0.6
0.780.170.720.780.950.790.79-0.170.17-0.070.740.440.710.920.460.840.37-0.12-0.520.880.870.16-0.781.0-0.6
Click cells to compare fundamentals

Hithink RoyalFlush Account Relationship Matchups

Hithink RoyalFlush fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B7.2B8.5B9.0B9.8B10.3B
Other Current Liab904.3M1.0B1.2B1.2B333.7K317.0K
Total Current Liabilities1.2B1.8B2.0B1.7B2.4B2.5B
Total Stockholder Equity4.0B5.2B6.5B7.2B7.3B7.7B
Other Liab3.0M140.8M69.4M99.7M114.6M120.3M
Retained Earnings3.1B4.3B5.6B6.3B6.0B6.3B
Cash4.0B6.1B7.3B7.5B8.2B8.6B
Other Assets734.1K502.6K13.8M990.8K1.1M1.1M
Net Receivables54.3M43.7M78.9M37.8M54.1M40.7M
Other Current Assets10.5M9.7M2.6M7.2M9.6M7.6M
Total Liab1.2B1.9B2.0B1.8B2.5B2.7B
Property Plant Equipment534.8M575.9M769.0M1.0B1.2B1.3B
Intangible Assets76.9M363.2M355.2M347.2M339.3M356.2M
Net Tangible Assets3.9B4.9B6.1B6.9B7.9B4.5B
Accounts Payable41.4M43.8M79.1M110.2M165.1M173.4M
Other Stockholder Equity16.6M(16.3M)(29.9M)15.1M13.6M14.3M
Deferred Long Term Liab55.0K266.2K480.1K155.3K139.8K132.8K
Total Current Assets4.6B6.2B7.4B7.6B8.3B5.9B
Non Current Assets Total617.5M946.5M1.1B1.4B1.6B992.5M
Non Currrent Assets Other531.6M617.5M575.9M12.5M14.4M13.7M
Non Current Liabilities Total3.0M140.8M69.4M100.6M109.6M61.2M
Non Current Liabilities Other1.2M139.1M68.4M99.1M109.1M58.3M
Net Invested Capital4.0B5.2B6.5B7.2B7.3B5.8B
Net Working Capital3.4B4.4B5.4B5.9B5.8B4.8B

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Other Information on Investing in Hithink Stock

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