Hubei Dividends Paid vs Capital Expenditures Analysis

300387 Stock   9.03  0.31  3.32%   
Hubei Forbon financial indicator trend analysis is much more than just examining Hubei Forbon Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Forbon Technology is a good investment. Please check the relationship between Hubei Forbon Dividends Paid and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Forbon Technology. 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.

Dividends Paid vs Capital Expenditures

Dividends Paid vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Forbon Technology Dividends Paid account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hubei Forbon's Dividends Paid and Capital Expenditures is -0.18. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Hubei Forbon Technology, assuming nothing else is changed. The correlation between historical values of Hubei Forbon's Dividends Paid and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Hubei Forbon Technology are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., Hubei Forbon's Dividends Paid and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Capital Expenditures

Capital Expenditures are funds used by Hubei Forbon Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Hubei Forbon operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Hubei Forbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Forbon Technology 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 Hubei Forbon Technology. 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 69.6 M, whereas Tax Provision is forecasted to decline to about 12.7 M.
 2021 2022 2023 2024 (projected)
Operating Income72.5M85.6M109.9M82.7M
Total Revenue683.0M847.5M1.0B588.4M

Hubei Forbon fundamental ratios Correlations

0.350.710.98-0.930.980.870.840.880.870.720.930.580.910.770.950.940.880.78-0.310.810.730.890.850.20.65
0.350.790.23-0.150.240.10.440.220.460.60.090.090.590.210.150.15-0.080.010.25-0.15-0.20.16-0.150.13-0.24
0.710.790.61-0.60.630.540.580.510.790.770.530.410.840.610.530.560.370.510.030.320.160.610.350.00.14
0.980.230.61-0.940.990.90.80.880.860.670.950.670.810.730.970.950.920.81-0.30.860.760.910.870.250.65
-0.93-0.15-0.6-0.94-0.95-0.85-0.72-0.78-0.81-0.74-0.93-0.6-0.76-0.7-0.89-0.93-0.87-0.830.39-0.85-0.7-0.9-0.88-0.06-0.67
0.980.240.630.99-0.950.880.790.860.840.710.970.580.840.710.940.980.910.79-0.370.830.740.910.880.180.68
0.870.10.540.9-0.850.880.540.740.690.490.90.790.680.750.910.860.880.84-0.250.840.680.840.860.070.52
0.840.440.580.8-0.720.790.540.730.710.680.710.250.820.610.730.680.670.43-0.270.590.680.560.60.220.62
0.880.220.510.88-0.780.860.740.730.730.550.80.60.750.580.920.850.870.63-0.440.830.780.790.770.60.63
0.870.460.790.86-0.810.840.690.710.730.730.740.570.80.750.780.80.650.750.00.580.420.840.620.250.38
0.720.60.770.67-0.740.710.490.680.550.730.640.270.730.540.520.650.410.42-0.350.360.210.60.420.040.28
0.930.090.530.95-0.930.970.90.710.80.740.640.560.760.720.920.960.930.76-0.470.830.760.870.920.060.69
0.580.090.410.67-0.60.580.790.250.60.570.270.560.320.440.720.560.620.690.10.690.420.670.520.340.1
0.910.590.840.81-0.760.840.680.820.750.80.730.760.320.720.770.790.680.61-0.270.580.560.720.680.090.58
0.770.210.610.73-0.70.710.750.610.580.750.540.720.440.720.690.650.630.71-0.180.560.450.650.69-0.060.47
0.950.150.530.97-0.890.940.910.730.920.780.520.920.720.770.690.930.960.79-0.320.910.820.880.890.340.65
0.940.150.560.95-0.930.980.860.680.850.80.650.960.560.790.650.930.910.79-0.420.820.730.910.90.190.69
0.88-0.080.370.92-0.870.910.880.670.870.650.410.930.620.680.630.960.910.77-0.460.950.910.840.950.240.77
0.780.010.510.81-0.830.790.840.430.630.750.420.760.690.610.710.790.790.77-0.080.810.570.910.850.010.6
-0.310.250.03-0.30.39-0.37-0.25-0.27-0.440.0-0.35-0.470.1-0.27-0.18-0.32-0.42-0.46-0.08-0.43-0.49-0.23-0.5-0.08-0.61
0.81-0.150.320.86-0.850.830.840.590.830.580.360.830.690.580.560.910.820.950.81-0.430.90.830.920.270.77
0.73-0.20.160.76-0.70.740.680.680.780.420.210.760.420.560.450.820.730.910.57-0.490.90.610.860.260.86
0.890.160.610.91-0.90.910.840.560.790.840.60.870.670.720.650.880.910.840.91-0.230.830.610.840.210.59
0.85-0.150.350.87-0.880.880.860.60.770.620.420.920.520.680.690.890.90.950.85-0.50.920.860.840.050.86
0.20.130.00.25-0.060.180.070.220.60.250.040.060.340.09-0.060.340.190.240.01-0.080.270.260.210.050.04
0.65-0.240.140.65-0.670.680.520.620.630.380.280.690.10.580.470.650.690.770.6-0.610.770.860.590.860.04
Click cells to compare fundamentals

Hubei Forbon Account Relationship Matchups

Hubei Forbon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B1.7B1.7B1.9B1.3B
Other Current Liab115.1M113.5M102.1M111.7M6.6M6.3M
Total Current Liabilities322.1M231.1M236.2M290.0M298.0M270.1M
Total Stockholder Equity1.2B1.2B1.2B1.2B1.3B904.1M
Other Liab2.4M2.8M2.5M2.6M2.4M2.5M
Retained Earnings503.4M558.0M582.9M622.3M636.3M419.0M
Accounts Payable56.5M47.7M42.8M62.0M67.4M48.6M
Cash235.0M367.7M321.8M271.4M285.2M227.7M
Other Assets27.5M38.4M59.7M36.0M41.4M24.4M
Net Receivables226.9M168.2M269.5M238.3M204.2M221.5M
Inventory119.9M112.8M129.4M161.6M165.8M100.1M
Other Current Assets106.5M33.8M21.0M55.5M51.7M39.9M
Total Liab324.5M496.6M483.2M443.3M567.8M363.6M
Intangible Assets52.0M49.6M47.0M44.4M84.7M49.6M
Common Stock289.1M291.8M290.7M289.8M332.4M186.1M
Property Plant Equipment203.3M217.1M255.9M240.8M276.9M165.1M
Net Tangible Assets656.3M703.6M724.1M773.5M889.5M578.0M
Good Will470.2M477.3M419.3M431.1M489.6M486.6M
Other Stockholder Equity8.0M14.4M(50.8M)(31.5M)(28.3M)(26.9M)
Total Current Assets694.0M827.2M778.1M788.1M836.9M772.0M
Non Current Assets Total820.6M908.9M904.2M917.1M1.1B926.3M
Non Currrent Assets Other12.5M22.2M39.9M9.6M3.3M3.1M
Non Current Liabilities Total2.4M265.6M247.0M153.2M269.9M283.4M
Short Long Term Debt139.6M59.6M59.6M56.1M31.2M29.6M
Common Stock Shares Outstanding289.1M291.8M290.7M289.8M332.4M312.2M
Net Invested Capital1.3B1.6B1.5B1.5B1.6B1.5B
Net Working Capital371.9M596.2M541.9M498.0M538.9M469.5M
Deferred Long Term Liab1.2M1.7M1.4M3.9M4.4M4.7M

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Other Information on Investing in Hubei Stock

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