Huabao Short Term Investments vs Total Assets Analysis

300741 Stock   17.59  0.26  1.50%   
Huabao Flavours financial indicator trend analysis is much more than just examining Huabao Flavours Frag latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huabao Flavours Frag is a good investment. Please check the relationship between Huabao Flavours Short Term Investments and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huabao Flavours Fragrances. 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.

Short Term Investments vs Total Assets

Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huabao Flavours Frag Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Huabao Flavours' Short Term Investments and Total Assets is 0.61. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Huabao Flavours Fragrances, assuming nothing else is changed. The correlation between historical values of Huabao Flavours' Short Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Huabao Flavours Fragrances are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., Huabao Flavours' Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Huabao Flavours balance sheet. It contains any investments Huabao Flavours Fragrances undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Huabao Flavours Frag can easily liquidate in the marketplace.

Total Assets

Total assets refers to the total amount of Huabao Flavours assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Huabao Flavours Frag books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Huabao Flavours' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huabao Flavours Frag 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 Huabao Flavours Fragrances. 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 181.6 M, whereas Tax Provision is forecasted to decline to about 59.8 M.
 2021 2022 2023 2024 (projected)
Net Interest Income77.8M32.4M28.5M27.1M
Tax Provision158.1M134.5M62.9M59.8M

Huabao Flavours fundamental ratios Correlations

-0.05-0.350.99-0.940.980.720.750.550.580.430.71-0.87-0.510.610.480.790.59-0.49-0.160.740.990.330.810.620.81
-0.05-0.680.06-0.07-0.040.52-0.230.59-0.710.03-0.560.220.41-0.53-0.88-0.540.330.59-0.81-0.310.06-0.85-0.39-0.56-0.41
-0.35-0.68-0.460.55-0.43-0.65-0.02-0.450.34-0.270.010.370.16-0.080.340.11-0.39-0.170.96-0.05-0.440.55-0.260.07-0.25
0.990.06-0.46-0.950.980.780.710.590.490.440.66-0.86-0.50.570.390.720.62-0.43-0.290.691.00.220.790.560.79
-0.94-0.070.55-0.95-0.95-0.77-0.72-0.57-0.47-0.48-0.640.880.47-0.56-0.39-0.68-0.50.450.35-0.64-0.94-0.24-0.77-0.51-0.77
0.98-0.04-0.430.98-0.950.710.680.510.570.430.72-0.91-0.440.640.480.790.57-0.49-0.220.770.970.350.880.690.87
0.720.52-0.650.78-0.770.710.60.84-0.030.190.12-0.44-0.170.06-0.140.180.850.02-0.580.210.79-0.20.320.030.31
0.75-0.23-0.020.71-0.720.680.60.390.57-0.030.55-0.57-0.490.450.50.60.47-0.460.110.320.720.450.480.350.49
0.550.59-0.450.59-0.570.510.840.39-0.220.29-0.17-0.180.14-0.32-0.340.070.70.33-0.450.110.63-0.240.09-0.180.07
0.58-0.710.340.49-0.470.57-0.030.57-0.220.220.91-0.74-0.380.820.870.91-0.07-0.90.560.790.460.850.730.870.73
0.430.03-0.270.44-0.480.430.19-0.030.290.220.39-0.49-0.210.220.20.390.01-0.36-0.160.610.430.070.390.250.39
0.71-0.560.010.66-0.640.720.120.55-0.170.910.39-0.89-0.650.960.850.90.02-0.910.230.830.620.640.870.880.88
-0.870.220.37-0.860.88-0.91-0.44-0.57-0.18-0.74-0.49-0.890.52-0.85-0.63-0.86-0.220.730.12-0.85-0.82-0.45-0.93-0.82-0.93
-0.510.410.16-0.50.47-0.44-0.17-0.490.14-0.38-0.21-0.650.52-0.68-0.64-0.46-0.150.480.08-0.25-0.49-0.17-0.54-0.34-0.59
0.61-0.53-0.080.57-0.560.640.060.45-0.320.820.220.96-0.85-0.680.810.79-0.02-0.860.130.720.520.540.840.860.86
0.48-0.880.340.39-0.390.48-0.140.5-0.340.870.20.85-0.63-0.640.810.81-0.07-0.780.550.610.380.850.750.790.77
0.79-0.540.110.72-0.680.790.180.60.070.910.390.9-0.86-0.460.790.810.09-0.740.340.880.710.730.870.880.87
0.590.33-0.390.62-0.50.570.850.470.7-0.070.010.02-0.22-0.15-0.02-0.070.090.11-0.350.140.65-0.110.270.060.26
-0.490.59-0.17-0.430.45-0.490.02-0.460.33-0.9-0.36-0.910.730.48-0.86-0.78-0.740.11-0.37-0.74-0.38-0.65-0.64-0.76-0.65
-0.16-0.810.96-0.290.35-0.22-0.580.11-0.450.56-0.160.230.120.080.130.550.34-0.35-0.370.17-0.270.760.00.320.01
0.74-0.31-0.050.69-0.640.770.210.320.110.790.610.83-0.85-0.250.720.610.880.14-0.740.170.670.550.840.880.82
0.990.06-0.441.0-0.940.970.790.720.630.460.430.62-0.82-0.490.520.380.710.65-0.38-0.270.670.210.760.530.76
0.33-0.850.550.22-0.240.35-0.20.45-0.240.850.070.64-0.45-0.170.540.850.73-0.11-0.650.760.550.210.570.720.56
0.81-0.39-0.260.79-0.770.880.320.480.090.730.390.87-0.93-0.540.840.750.870.27-0.640.00.840.760.570.91.0
0.62-0.560.070.56-0.510.690.030.35-0.180.870.250.88-0.82-0.340.860.790.880.06-0.760.320.880.530.720.90.89
0.81-0.41-0.250.79-0.770.870.310.490.070.730.390.88-0.93-0.590.860.770.870.26-0.650.010.820.760.561.00.89
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Huabao Flavours Account Relationship Matchups

Huabao Flavours fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4B8.3B8.4B9.0B8.2B8.7B
Other Current Liab244.1M240.5M250.5M16.3M16.2M15.3M
Total Current Liabilities491.8M476.7M532.7M1.1B670.5M695.8M
Total Stockholder Equity7.8B7.7B7.7B7.5B7.2B7.8B
Other Liab2.5M2.8M2.4M4.7M4.3M4.6M
Net Tangible Assets7.7B6.5B6.5B6.5B7.4B6.4B
Retained Earnings2.5B2.5B2.5B2.1B1.7B1.9B
Accounts Payable142.4M113.4M136.6M171.2M129.3M152.4M
Cash4.7B4.8B2.3B3.6B1.3B1.2B
Non Current Assets Total1.7B1.7B2.1B2.5B2.3B2.1B
Non Currrent Assets Other406.9K294.4M49.3M69.7M55.2M65.1M
Other Assets52.5M62.2M83.5M133.7M153.7M161.4M
Net Receivables689.5M636.4M501.5M659.5M388.5M565.0M
Short Term Investments768.1M569.6M3.0B1.6B3.6B3.8B
Non Current Liabilities Total2.8M20.2M19.6M177.8M207.6M218.0M
Inventory423.1M410.5M426.5M502.5M486.3M455.4M
Other Current Assets50.3M78.7M64.2M64.6M49.4M78.0M
Other Stockholder Equity27.2M37.0M3.0M(31.8M)(28.6M)(27.2M)
Total Liab493.8M496.9M552.2M1.3B878.1M757.9M
Deferred Long Term Liab8.9M7.8M12.7M12.7M14.6M9.6M
Total Current Assets6.7B6.6B6.3B6.6B5.9B6.6B
Intangible Assets63.8M61.5M60.4M165.5M158.7M99.5M
Property Plant Equipment320.6M317.1M317.2M351.4M404.1M346.6M
Net Invested Capital7.8B7.7B7.7B8.0B7.5B8.4B
Net Working Capital6.2B6.1B5.8B5.5B5.2B4.6B

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Other Information on Investing in Huabao Stock

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