Guangzhou Net Receivables vs Non Current Assets Total Analysis

300424 Stock

14.78 0.27 1.79%

Guangzhou Hangxin financial indicator trend analysis is much more than just examining Guangzhou Hangxin latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Hangxin is a good investment. Please check the relationship between Guangzhou Hangxin Net Receivables and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Hangxin Aviation. 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.

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Hangxin Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Guangzhou Hangxin's Net Receivables and Non Current Assets Total is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guangzhou Hangxin Aviation, assuming nothing else is changed. The correlation between historical values of Guangzhou Hangxin's Net Receivables and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Guangzhou Hangxin Aviation are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Guangzhou Hangxin's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Receivables

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Guangzhou Hangxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Hangxin 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 Hangxin Aviation. 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.

As of February 1, 2025, Selling General Administrative is expected to decline to about 83.8 M. The current year's Tax Provision is expected to grow to about (5.1 M)

	2022	2023	2024	2025 (projected)
Operating Income	94.8M	145.2M	166.9M	87.1M
Total Revenue	1.4B	1.6B	1.8B	1.9B

Operating Income Total Revenue

Guangzhou Hangxin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.19	0.95	0.74	0.25	0.96	0.87	0.94	0.97	0.99	0.49	0.9	0.97	0.93	0.88	0.74	0.72	-0.74	-0.91	0.66	0.64	0.98	0.97	0.93	-0.79	0.95
Other Current Liab	0.19		0.34	-0.12	-0.18	0.22	0.24	0.29	0.16	0.14	0.79	0.15	0.3	0.13	0.12	-0.05	-0.14	-0.22	-0.21	0.12	0.34	0.26	0.18	0.16	0.09	0.14
Total Current Liabilities	0.95	0.34		0.51	0.0	0.98	0.85	0.87	0.95	0.95	0.56	0.92	0.93	0.84	0.84	0.7	0.5	-0.75	-0.92	0.76	0.51	0.95	0.97	0.88	-0.73	0.94
Total Stockholder Equity	0.74	-0.12	0.51		0.74	0.58	0.56	0.71	0.68	0.71	0.3	0.52	0.68	0.79	0.7	0.66	0.92	-0.46	-0.51	0.25	0.58	0.65	0.59	0.66	-0.68	0.58
Retained Earnings	0.25	-0.18	0.0	0.74		0.09	0.15	0.28	0.13	0.19	0.05	0.06	0.2	0.31	0.21	0.25	0.52	-0.15	-0.03	-0.35	0.4	0.15	0.05	0.29	-0.29	0.08
Accounts Payable	0.96	0.22	0.98	0.58	0.09		0.84	0.87	0.95	0.97	0.44	0.91	0.93	0.85	0.88	0.73	0.55	-0.73	-0.9	0.73	0.53	0.93	0.96	0.89	-0.76	0.93
Cash	0.87	0.24	0.85	0.56	0.15	0.84		0.89	0.76	0.86	0.38	0.82	0.83	0.73	0.63	0.5	0.63	-0.56	-0.85	0.53	0.65	0.86	0.88	0.83	-0.51	0.9
Other Assets	0.94	0.29	0.87	0.71	0.28	0.87	0.89		0.87	0.92	0.48	0.84	0.94	0.86	0.77	0.55	0.74	-0.7	-0.88	0.58	0.82	0.95	0.89	0.89	-0.65	0.93
Net Receivables	0.97	0.16	0.95	0.68	0.13	0.95	0.76	0.87		0.97	0.49	0.88	0.96	0.94	0.89	0.78	0.67	-0.78	-0.88	0.74	0.54	0.96	0.96	0.88	-0.85	0.92
Inventory	0.99	0.14	0.95	0.71	0.19	0.97	0.86	0.92	0.97		0.42	0.89	0.96	0.92	0.89	0.74	0.72	-0.75	-0.9	0.7	0.61	0.96	0.97	0.9	-0.8	0.95
Other Current Assets	0.49	0.79	0.56	0.3	0.05	0.44	0.38	0.48	0.49	0.42		0.42	0.53	0.48	0.44	0.42	0.21	-0.4	-0.45	0.36	0.3	0.51	0.46	0.42	-0.3	0.38
Total Liab	0.9	0.15	0.92	0.52	0.06	0.91	0.82	0.84	0.88	0.89	0.42		0.88	0.8	0.77	0.62	0.51	-0.76	-0.97	0.83	0.49	0.87	0.95	0.91	-0.79	0.94
Intangible Assets	0.97	0.3	0.93	0.68	0.2	0.93	0.83	0.94	0.96	0.96	0.53	0.88		0.96	0.81	0.63	0.69	-0.83	-0.9	0.66	0.73	0.97	0.94	0.91	-0.82	0.93
Common Stock	0.93	0.13	0.84	0.79	0.31	0.85	0.73	0.86	0.94	0.92	0.48	0.8	0.96		0.8	0.7	0.79	-0.8	-0.82	0.6	0.66	0.92	0.88	0.85	-0.89	0.86
Property Plant Equipment	0.88	0.12	0.84	0.7	0.21	0.88	0.63	0.77	0.89	0.89	0.44	0.77	0.81	0.8		0.86	0.64	-0.57	-0.73	0.71	0.39	0.8	0.81	0.71	-0.72	0.76
Other Liab	0.74	-0.05	0.7	0.66	0.25	0.73	0.5	0.55	0.78	0.74	0.42	0.62	0.63	0.7	0.86		0.55	-0.45	-0.57	0.59	0.07	0.64	0.7	0.57	-0.69	0.6
Long Term Debt	0.72	-0.14	0.5	0.92	0.52	0.55	0.63	0.74	0.67	0.72	0.21	0.51	0.69	0.79	0.64	0.55		-0.42	-0.53	0.33	0.64	0.66	0.61	0.58	-0.61	0.62
Short Term Investments	-0.74	-0.22	-0.75	-0.46	-0.15	-0.73	-0.56	-0.7	-0.78	-0.75	-0.4	-0.76	-0.83	-0.8	-0.57	-0.45	-0.42		0.74	-0.55	-0.6	-0.78	-0.76	-0.75	0.81	-0.75
Net Tangible Assets	-0.91	-0.21	-0.92	-0.51	-0.03	-0.9	-0.85	-0.88	-0.88	-0.9	-0.45	-0.97	-0.9	-0.82	-0.73	-0.57	-0.53	0.74		-0.78	-0.57	-0.92	-0.95	-0.93	0.75	-0.97
Other Stockholder Equity	0.66	0.12	0.76	0.25	-0.35	0.73	0.53	0.58	0.74	0.7	0.36	0.83	0.66	0.6	0.71	0.59	0.33	-0.55	-0.78		0.17	0.64	0.78	0.58	-0.64	0.72
Deferred Long Term Liab	0.64	0.34	0.51	0.58	0.4	0.53	0.65	0.82	0.54	0.61	0.3	0.49	0.73	0.66	0.39	0.07	0.64	-0.6	-0.57	0.17		0.69	0.54	0.65	-0.41	0.63
Long Term Investments	0.98	0.26	0.95	0.65	0.15	0.93	0.86	0.95	0.96	0.96	0.51	0.87	0.97	0.92	0.8	0.64	0.66	-0.78	-0.92	0.64	0.69		0.96	0.93	-0.76	0.96
Total Current Assets	0.97	0.18	0.97	0.59	0.05	0.96	0.88	0.89	0.96	0.97	0.46	0.95	0.94	0.88	0.81	0.7	0.61	-0.76	-0.95	0.78	0.54	0.96		0.92	-0.79	0.98
Non Current Assets Total	0.93	0.16	0.88	0.66	0.29	0.89	0.83	0.89	0.88	0.9	0.42	0.91	0.91	0.85	0.71	0.57	0.58	-0.75	-0.93	0.58	0.65	0.93	0.92		-0.78	0.94
Non Currrent Assets Other	-0.79	0.09	-0.73	-0.68	-0.29	-0.76	-0.51	-0.65	-0.85	-0.8	-0.3	-0.79	-0.82	-0.89	-0.72	-0.69	-0.61	0.81	0.75	-0.64	-0.41	-0.76	-0.79	-0.78		-0.75
Non Current Liabilities Total	0.95	0.14	0.94	0.58	0.08	0.93	0.9	0.93	0.92	0.95	0.38	0.94	0.93	0.86	0.76	0.6	0.62	-0.75	-0.97	0.72	0.63	0.96	0.98	0.94	-0.75

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Guangzhou Hangxin Account Relationship Matchups

Guangzhou Hangxin fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.2B	2.2B	2.4B	2.5B	2.9B	1.7B
Other Current Liab	187.2M	168.0M	294.4M	1.8M	2.1M	2.0M
Total Current Liabilities	947.9M	956.1M	1.2B	1.1B	1.3B	660.6M
Total Stockholder Equity	699.5M	733.7M	755.0M	781.2M	898.3M	757.6M
Retained Earnings	208.7M	231.8M	255.9M	228.5M	262.7M	359.4M
Accounts Payable	274.3M	311.3M	307.2M	345.8M	397.7M	225.1M
Cash	477.0M	242.8M	309.3M	365.2M	420.0M	270.1M
Other Assets	138.6M	143.0M	126.4M	103.6M	119.2M	78.6M
Net Receivables	516.7M	632.7M	662.7M	692.8M	796.7M	423.5M
Inventory	411.8M	412.8M	395.3M	483.1M	555.5M	302.9M
Other Current Assets	50.3M	34.2M	134.9M	14.4M	16.5M	15.7M
Total Liab	1.5B	1.4B	1.6B	1.7B	1.9B	2.0B
Intangible Assets	192.9M	199.3M	186.7M	176.9M	203.4M	127.5M
Property Plant Equipment	327.4M	335.2M	467.8M	460.1M	529.2M	326.4M
Other Liab	11.4M	9.6M	10.8M	22.4M	25.8M	13.0M
Long Term Debt	574.1M	384.5M	296.2M	455.8M	524.2M	351.8M
Net Tangible Assets	569.8M	518.5M	543.1M	541.9M	487.7M	513.9M
Other Stockholder Equity	(5.3M)	37.3M	47.0M	45.3M	52.1M	54.7M
Deferred Long Term Liab	52.0M	51.4M	44.8M	10.9M	12.5M	11.9M
Total Current Assets	1.5B	1.3B	1.5B	1.7B	1.9B	1.3B
Non Current Assets Total	741.9M	854.5M	840.7M	838.2M	963.9M	853.4M
Non Currrent Assets Other	18.6M	8.2M	9.8M	3.0M	2.7M	2.5M
Non Current Liabilities Total	584.6M	493.8M	417.7M	596.9M	686.4M	430.6M
Short Long Term Debt	361.3M	329.1M	413.8M	365.0M	419.8M	312.6M
Common Stock Shares Outstanding	239.9M	239.9M	239.9M	239.9M	215.9M	191.9M
Net Invested Capital	1.6B	1.4B	1.5B	1.6B	1.8B	1.7B
Net Working Capital	559.5M	384.3M	342.7M	557.4M	501.6M	375.5M
Net Debt	458.5M	470.8M	400.7M	455.6M	410.0M	361.2M
Good Will	39.3M	35.3M	36.3M	38.5M	34.6M	32.9M
Capital Stock	239.9M	239.9M	239.9M	239.9M	215.9M	191.9M
Property Plant And Equipment Net	335.2M	467.8M	460.1M	505.6M	581.4M	461.2M
Property Plant And Equipment Gross	624.0M	779.4M	460.1M	865.5M	995.3M	729.5M

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Other Information on Investing in Guangzhou Stock

Balance Sheet is a snapshot of the financial position of Guangzhou Hangxin at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Hangxin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Hangxin 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 Net Receivables vs Non Current Assets Total Analysis

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Net Receivables

Non Current Assets Total

Guangzhou Hangxin fundamental ratios Correlations

Guangzhou Hangxin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangzhou Hangxin fundamental ratios Accounts

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Other Information on Investing in Guangzhou Stock

COMMON DESTINATIONS

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COMPANY

Inventory	+ 0.99	Total Assets
Long Term Investments	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Non Current Liabilities Total	+ 0.98	Total Current Assets
Net Receivables	+ 0.97	Total Assets
Intangible Assets	+ 0.97	Total Assets

Non Current Liabilities Total	- 0.97	Net Tangible Assets
Net Tangible Assets	- 0.97	Total Liab
Total Current Assets	- 0.95	Net Tangible Assets
Non Current Assets Total	- 0.93	Net Tangible Assets
Long Term Investments	- 0.92	Net Tangible Assets
Net Tangible Assets	- 0.92	Total Current Liabilities