Wenzhou End Period Cash Flow vs Change To Account Receivables Analysis

300283 Stock   6.72  0.07  1.03%   
Wenzhou Hongfeng financial indicator trend analysis is more than just analyzing Wenzhou Hongfeng Ele current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wenzhou Hongfeng Ele is a good investment. Please check the relationship between Wenzhou Hongfeng End Period Cash Flow and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wenzhou Hongfeng Electrical. 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.

End Period Cash Flow vs Change To Account Receivables

End Period Cash Flow vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wenzhou Hongfeng Ele End Period Cash Flow account and Change To Account Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wenzhou Hongfeng's End Period Cash Flow and Change To Account Receivables is -0.1. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Wenzhou Hongfeng Electrical, assuming nothing else is changed. The correlation between historical values of Wenzhou Hongfeng's End Period Cash Flow 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 End Period Cash Flow of Wenzhou Hongfeng Electrical 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 End Period Cash Flow i.e., Wenzhou Hongfeng's End Period Cash Flow and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

End Period Cash Flow

Change To Account Receivables

Most indicators from Wenzhou Hongfeng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng Electrical. 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 Tax Provision is expected to grow to about 7.5 M, whereas Selling General Administrative is forecasted to decline to about 12.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense51.2M60.4M73.4M77.1M
Depreciation And Amortization70.0M81.8M95.1M99.8M

Wenzhou Hongfeng fundamental ratios Correlations

0.990.090.810.780.980.280.970.810.910.340.990.46-0.040.360.830.550.990.26-0.220.990.840.780.890.70.76
0.990.10.790.690.980.210.990.770.950.30.980.41-0.050.310.80.440.970.17-0.311.00.80.750.890.650.71
0.090.10.110.050.10.350.14-0.08-0.03-0.240.11-0.130.2-0.270.12-0.310.120.31-0.160.110.090.070.30.250.12
0.810.790.110.790.750.610.780.890.680.310.80.710.250.340.880.430.780.53-0.420.820.890.990.750.880.93
0.780.690.050.790.70.460.660.910.520.450.740.610.070.470.890.790.790.530.120.70.930.790.610.760.86
0.980.980.10.750.70.140.980.730.950.230.990.35-0.020.240.780.510.960.2-0.280.980.760.720.920.670.72
0.280.210.350.610.460.140.180.440.010.290.230.710.30.30.390.10.310.71-0.210.280.50.60.220.610.53
0.970.990.140.780.660.980.180.730.950.160.990.390.040.170.790.40.950.21-0.40.990.760.740.930.690.72
0.810.77-0.080.890.910.730.440.730.620.510.760.66-0.010.540.920.630.820.37-0.080.780.960.90.610.720.85
0.910.95-0.030.680.520.950.010.950.620.170.940.27-0.080.190.680.350.870.01-0.420.940.650.630.860.550.6
0.340.3-0.240.310.450.230.290.160.510.170.220.3-0.561.00.340.360.39-0.190.460.30.540.3-0.03-0.030.14
0.990.980.110.80.740.990.230.990.760.940.220.430.030.240.80.520.960.28-0.320.990.790.770.930.740.78
0.460.41-0.130.710.610.350.710.390.660.270.30.430.320.340.50.320.480.63-0.280.460.630.710.270.670.69
-0.04-0.050.20.250.07-0.020.30.04-0.01-0.08-0.560.030.32-0.520.12-0.05-0.090.6-0.34-0.02-0.030.30.220.430.35
0.360.31-0.270.340.470.240.30.170.540.191.00.240.34-0.520.360.380.4-0.170.450.320.550.34-0.01-0.010.17
0.830.80.120.880.890.780.390.790.920.680.340.80.50.120.360.550.830.34-0.140.810.950.860.730.750.85
0.550.44-0.310.430.790.510.10.40.630.350.360.520.32-0.050.380.550.530.390.360.430.580.460.410.490.59
0.990.970.120.780.790.960.310.950.820.870.390.960.48-0.090.40.830.530.24-0.170.970.870.750.840.670.72
0.260.170.310.530.530.20.710.210.370.01-0.190.280.630.6-0.170.340.390.24-0.240.220.370.550.380.780.68
-0.22-0.31-0.16-0.420.12-0.28-0.21-0.4-0.08-0.420.46-0.32-0.28-0.340.45-0.140.36-0.17-0.24-0.35-0.06-0.39-0.44-0.48-0.34
0.991.00.110.820.70.980.280.990.780.940.30.990.46-0.020.320.810.430.970.22-0.350.810.790.90.70.74
0.840.80.090.890.930.760.50.760.960.650.540.790.63-0.030.550.950.580.870.37-0.060.810.860.650.730.84
0.780.750.070.990.790.720.60.740.90.630.30.770.710.30.340.860.460.750.55-0.390.790.860.730.870.93
0.890.890.30.750.610.920.220.930.610.86-0.030.930.270.22-0.010.730.410.840.38-0.440.90.650.730.770.75
0.70.650.250.880.760.670.610.690.720.55-0.030.740.670.43-0.010.750.490.670.78-0.480.70.730.870.770.95
0.760.710.120.930.860.720.530.720.850.60.140.780.690.350.170.850.590.720.68-0.340.740.840.930.750.95
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Wenzhou Hongfeng Account Relationship Matchups

Wenzhou Hongfeng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B2.0B2.5B2.9B3.0B
Short Long Term Debt Total636.0M663.8M834.7M1.1B1.4B1.5B
Other Current Liab5.1M535.6K1.6M542.0K55.3M28.8M
Total Current Liabilities728.7M859.5M1.1B894.3M1.1B591.4M
Total Stockholder Equity614.0M763.6M820.0M944.7M953.0M584.8M
Property Plant And Equipment Net555.7M569.2M607.5M832.1M1.2B1.2B
Current Deferred Revenue26.0M121.0M183.8M107.6M7.3M7.0M
Net Debt625.8M601.9M591.8M964.0M1.3B1.3B
Retained Earnings152.1M177.7M224.5M235.2M244.0M136.0M
Accounts Payable132.5M129.9M134.8M200.1M304.3M319.5M
Cash10.2M61.9M242.8M160.8M137.1M96.2M
Non Current Assets Total786.1M808.2M893.5M1.2B1.5B1.5B
Non Currrent Assets Other83.6M74.8M108.4M143.9M14.0M13.3M
Other Assets57.7M70.9M75.3M1.01.151.09
Cash And Short Term Investments30.2M71.9M243.0M161.1M137.2M98.4M
Net Receivables244.7M361.9M299.0M358.5M470.0M251.1M
Common Stock Shares Outstanding419.4M414.4M437.1M437.1M437.1M423.4M
Liabilities And Stockholders Equity1.5B1.7B2.0B2.5B2.9B3.0B
Inventory347.9M451.6M547.7M748.1M765.1M803.4M
Other Current Assets42.1M43.5M42.2M37.3M9.6M9.1M
Other Stockholder Equity17.7M115.0M120.1M121.1M118.9M98.6M
Total Liab834.4M971.6M1.2B1.5B1.8B1.9B
Total Current Assets664.9M929.0M1.1B1.3B1.4B740.4M
Short Term Debt565.1M608.0M770.9M586.0M705.0M413.8M
Intangible Assets97.8M94.6M83.5M81.4M163.0M171.2M
Property Plant Equipment573.2M555.7M569.2M607.5M698.6M351.2M
Other Liab18.9M24.2M23.9M27.1M31.2M16.2M
Non Current Liabilities Total105.6M112.1M106.5M581.2M714.2M749.9M
Short Term Investments20M10M125.6K307.1K38.7K36.7K
Net Tangible Assets481.5M516.3M669.0M736.5M847.0M601.2M
Long Term Debt81.4M55.8M63.1M500.7M630.4M662.0M
Deferred Long Term Liab1.4M920.8K467.7K47.1K42.4K40.3K
Short Long Term Debt527.3M565.7M724.2M494.6M453.6M553.9M
Net Invested Capital1.2B1.4B1.6B1.9B2.0B1.6B
Net Working Capital(63.8M)69.5M40.7M410.8M310.0M325.5M

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Other Information on Investing in Wenzhou Stock

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