Guangzhou Change In Cash vs Free Cash Flow Analysis

300219 Stock

7.82 0.12 1.56%

Guangzhou Hongli financial indicator trend analysis is much more than just examining Guangzhou Hongli Opto latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Hongli Opto is a good investment. Please check the relationship between Guangzhou Hongli Change In Cash and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Hongli Opto. 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.

Change In Cash vs Free Cash Flow

Change In Cash vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Hongli Opto Change In Cash account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Guangzhou Hongli's Change In Cash and Free Cash Flow is -0.27. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Guangzhou Hongli Opto, assuming nothing else is changed. The correlation between historical values of Guangzhou Hongli's Change In Cash and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Guangzhou Hongli Opto are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change In Cash i.e., Guangzhou Hongli's Change In Cash and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Guangzhou Hongli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Hongli Opto 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 Guangzhou Hongli Opto. 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 139.2 M, whereas Tax Provision is forecasted to decline to about 24.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	328.5M	292.5M	327.4M	204.1M
Total Revenue	4.1B	3.6B	3.8B	2.3B

Operating Income Total Revenue

Guangzhou Hongli 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	Long Term Debt	Short Term Investments	Good Will	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total
Total Assets		0.57	0.96	0.98	0.63	0.62	0.82	0.6	0.81	0.95	0.95	0.76	0.89	0.79	0.93	0.86	0.57	0.44	0.32	0.91	0.91	0.55	0.73	0.84	0.93	0.74
Other Current Liab	0.57		0.5	0.64	0.43	0.64	0.16	0.12	0.1	0.55	0.45	0.77	0.32	0.46	0.49	0.23	-0.01	0.82	0.84	0.5	0.28	-0.19	0.09	0.37	0.34	0.62
Total Current Liabilities	0.96	0.5		0.91	0.54	0.42	0.88	0.45	0.82	0.95	0.99	0.75	0.89	0.79	0.92	0.88	0.49	0.32	0.16	0.91	0.92	0.66	0.85	0.79	0.92	0.63
Total Stockholder Equity	0.98	0.64	0.91		0.64	0.69	0.75	0.62	0.74	0.93	0.9	0.78	0.84	0.74	0.91	0.82	0.52	0.54	0.44	0.88	0.86	0.47	0.64	0.82	0.88	0.77
Other Liab	0.63	0.43	0.54	0.64		0.5	0.45	0.71	0.52	0.53	0.51	0.57	0.54	0.51	0.66	0.47	0.27	0.38	0.33	0.68	0.49	0.33	0.21	0.82	0.5	0.36
Retained Earnings	0.62	0.64	0.42	0.69	0.5		0.25	0.6	0.31	0.46	0.4	0.56	0.45	0.51	0.52	0.37	0.45	0.63	0.76	0.48	0.37	-0.16	-0.04	0.49	0.46	0.77
Accounts Payable	0.82	0.16	0.88	0.75	0.45	0.25		0.4	0.96	0.82	0.89	0.57	0.96	0.69	0.8	0.98	0.63	0.07	-0.11	0.86	0.92	0.85	0.86	0.8	0.91	0.54
Cash	0.6	0.12	0.45	0.62	0.71	0.6	0.4		0.53	0.39	0.47	0.37	0.51	0.44	0.58	0.48	0.57	0.1	0.17	0.49	0.49	0.25	0.21	0.63	0.53	0.45
Other Assets	0.81	0.1	0.82	0.74	0.52	0.31	0.96	0.53		0.77	0.82	0.47	0.96	0.65	0.8	0.97	0.77	0.05	-0.12	0.85	0.89	0.82	0.79	0.82	0.9	0.57
Net Receivables	0.95	0.55	0.95	0.93	0.53	0.46	0.82	0.39	0.77		0.93	0.71	0.84	0.7	0.9	0.83	0.41	0.52	0.29	0.89	0.9	0.62	0.8	0.77	0.89	0.63
Inventory	0.95	0.45	0.99	0.9	0.51	0.4	0.89	0.47	0.82	0.93		0.74	0.89	0.77	0.9	0.89	0.5	0.26	0.11	0.89	0.95	0.7	0.86	0.79	0.94	0.61
Other Current Assets	0.76	0.77	0.75	0.78	0.57	0.56	0.57	0.37	0.47	0.71	0.74		0.64	0.58	0.68	0.59	0.19	0.58	0.55	0.72	0.61	0.23	0.42	0.68	0.66	0.66
Total Liab	0.89	0.32	0.89	0.84	0.54	0.45	0.96	0.51	0.96	0.84	0.89	0.64		0.74	0.83	0.98	0.75	0.22	0.09	0.89	0.92	0.71	0.78	0.85	0.95	0.73
Intangible Assets	0.79	0.46	0.79	0.74	0.51	0.51	0.69	0.44	0.65	0.7	0.77	0.58	0.74		0.72	0.7	0.5	0.23	0.18	0.66	0.65	0.38	0.54	0.56	0.67	0.57
Common Stock	0.93	0.49	0.92	0.91	0.66	0.52	0.8	0.58	0.8	0.9	0.9	0.68	0.83	0.72		0.82	0.46	0.36	0.21	0.94	0.83	0.6	0.69	0.8	0.82	0.53
Property Plant Equipment	0.86	0.23	0.88	0.82	0.47	0.37	0.98	0.48	0.97	0.83	0.89	0.59	0.98	0.7	0.82		0.72	0.13	-0.01	0.86	0.93	0.78	0.82	0.82	0.94	0.66
Long Term Debt	0.57	-0.01	0.49	0.52	0.27	0.45	0.63	0.57	0.77	0.41	0.5	0.19	0.75	0.5	0.46	0.72		-0.06	-0.03	0.5	0.62	0.43	0.46	0.52	0.69	0.7
Short Term Investments	0.44	0.82	0.32	0.54	0.38	0.63	0.07	0.1	0.05	0.52	0.26	0.58	0.22	0.23	0.36	0.13	-0.06		0.89	0.37	0.19	-0.23	0.0	0.3	0.26	0.54
Good Will	0.32	0.84	0.16	0.44	0.33	0.76	-0.11	0.17	-0.12	0.29	0.11	0.55	0.09	0.18	0.21	-0.01	-0.03	0.89		0.21	0.01	-0.5	-0.27	0.21	0.12	0.61
Treasury Stock	0.91	0.5	0.91	0.88	0.68	0.48	0.86	0.49	0.85	0.89	0.89	0.72	0.89	0.66	0.94	0.86	0.5	0.37	0.21		0.87	0.68	0.7	0.89	0.85	0.58
Net Tangible Assets	0.91	0.28	0.92	0.86	0.49	0.37	0.92	0.49	0.89	0.9	0.95	0.61	0.92	0.65	0.83	0.93	0.62	0.19	0.01	0.87		0.81	0.87	0.85	0.98	0.61
Other Stockholder Equity	0.55	-0.19	0.66	0.47	0.33	-0.16	0.85	0.25	0.82	0.62	0.7	0.23	0.71	0.38	0.6	0.78	0.43	-0.23	-0.5	0.68	0.81		0.85	0.66	0.71	0.11
Deferred Long Term Liab	0.73	0.09	0.85	0.64	0.21	-0.04	0.86	0.21	0.79	0.8	0.86	0.42	0.78	0.54	0.69	0.82	0.46	0.0	-0.27	0.7	0.87	0.85		0.58	0.84	0.36
Long Term Investments	0.84	0.37	0.79	0.82	0.82	0.49	0.8	0.63	0.82	0.77	0.79	0.68	0.85	0.56	0.8	0.82	0.52	0.3	0.21	0.89	0.85	0.66	0.58		0.85	0.59
Total Current Assets	0.93	0.34	0.92	0.88	0.5	0.46	0.91	0.53	0.9	0.89	0.94	0.66	0.95	0.67	0.82	0.94	0.69	0.26	0.12	0.85	0.98	0.71	0.84	0.85		0.74
Non Current Assets Total	0.74	0.62	0.63	0.77	0.36	0.77	0.54	0.45	0.57	0.63	0.61	0.66	0.73	0.57	0.53	0.66	0.7	0.54	0.61	0.58	0.61	0.11	0.36	0.59	0.74

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Guangzhou Hongli Account Relationship Matchups

Guangzhou Hongli fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	3.8B	4.5B	4.9B	5.4B	2.9B
Other Current Liab	132.1M	180.7M	227.7M	194.0M	4.9M	4.6M
Total Current Liabilities	1.6B	1.8B	2.1B	1.7B	2.1B	1.1B
Total Stockholder Equity	1.8B	1.9B	2.2B	2.4B	2.6B	1.6B
Other Liab	165.2M	77.1M	103.4M	127.7M	146.8M	105.1M
Retained Earnings	(66.9M)	25.9M	291.5M	400.0M	592.6M	332.8M
Accounts Payable	1.1B	1.1B	1.3B	1.1B	1.4B	1.5B
Cash	305.7M	221.1M	402.2M	548.5M	777.9M	406.6M
Other Assets	211.8M	174.2M	208.2M	258.4M	297.1M	312.0M
Net Receivables	1.2B	995.5M	976.1M	964.9M	1.1B	643.4M
Inventory	410.9M	480.1M	612.2M	505.6M	577.8M	302.3M
Other Current Assets	59.8M	59.3M	143.6M	46.4M	53.9M	53.5M
Total Liab	1.7B	1.9B	2.3B	2.5B	2.8B	2.9B
Intangible Assets	67.1M	94.5M	145.2M	147.4M	130.1M	77.8M
Property Plant Equipment	1.2B	1.2B	1.3B	1.5B	1.8B	1.8B
Net Tangible Assets	1.9B	1.7B	1.8B	2.0B	2.3B	1.8B
Other Stockholder Equity	(122.8K)	6.4M	5.0M	4.5M	5.2M	5.5M
Deferred Long Term Liab	21.9M	58.1M	52.2M	53.3M	61.3M	34.1M
Total Current Assets	2.0B	2.0B	2.4B	2.4B	3.0B	2.3B
Non Current Assets Total	1.6B	1.8B	2.1B	2.4B	2.4B	2.4B
Non Currrent Assets Other	77.9M	41.9M	45.9M	40.7M	40.1M	46.4M
Non Current Liabilities Total	165.2M	77.1M	252.4M	761.3M	700.4M	433.1M
Short Long Term Debt	139.8M	332.2M	402.0M	240.2M	250.3M	244.4M
Non Current Liabilities Other	106.3M	3.9M	5.9M	14.1M	6.2M	5.9M
Net Invested Capital	2.0B	2.3B	2.7B	3.2B	3.4B	3.1B
Net Working Capital	425.8M	206.5M	359.4M	706.0M	916.7M	590.4M

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Guangzhou Stock

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

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Guangzhou Change In Cash vs Free Cash Flow Analysis

Change In Cash vs Free Cash Flow

Change In Cash vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Cash

Free Cash Flow

Guangzhou Hongli fundamental ratios Correlations

Guangzhou Hongli Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangzhou Hongli fundamental ratios Accounts

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Other Information on Investing in Guangzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Accounts Payable
Property Plant Equipment	+ 0.98	Total Liab
Total Current Assets	+ 0.98	Net Tangible Assets
Property Plant Equipment	+ 0.97	Other Assets

Other Stockholder Equity	- 0.5	Good Will
Deferred Long Term Liab	- 0.27	Good Will
Other Stockholder Equity	- 0.23	Short Term Investments
Other Stockholder Equity	- 0.19	Other Current Liab
Other Stockholder Equity	- 0.16	Retained Earnings
Good Will	- 0.12	Other Assets