Huali Net Income vs Change In Working Capital Analysis

300979 Stock

73.81 1.67 2.21%

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

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huali Industrial Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Huali Industrial's Net Income and Change In Working Capital is -0.65. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Huali Industrial Group, assuming nothing else is changed. The correlation between historical values of Huali Industrial's Net Income and Change In Working Capital 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 Income of Huali Industrial Group are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Huali Industrial's Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Huali Industrial financial statement analysis. It represents the amount of money remaining after all of Huali Industrial Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Huali Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huali Industrial 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 Huali Industrial Group. 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 399.3 M, whereas Tax Provision is forecasted to decline to about 749.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	37.3M	67.8M	71.1M	136.7M
Interest Income	58.3M	75.6M	119.5M	125.4M

Interest Expense Interest Income

Huali Industrial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.59	-0.74	0.99	-0.59	0.97	0.76	0.94	0.97	0.94	0.9	0.9	0.99	0.92	0.91	0.4	-0.71	1.0	-0.72	1.0	0.96	0.99	0.95	0.96	0.93	0.95
Other Current Liab	-0.59		0.65	-0.56	1.0	-0.58	-0.6	-0.5	-0.62	-0.45	-0.62	-0.74	-0.51	-0.49	-0.7	-0.38	0.66	-0.57	0.57	-0.57	-0.73	-0.54	-0.6	-0.7	-0.62	-0.71
Total Current Liabilities	-0.74	0.65		-0.79	0.65	-0.84	-0.27	-0.76	-0.77	-0.76	-0.59	-0.84	-0.68	-0.84	-0.51	0.06	1.0	-0.78	0.78	-0.71	-0.71	-0.79	-0.77	-0.79	-0.7	-0.78
Total Stockholder Equity	0.99	-0.56	-0.79		-0.56	0.99	0.69	0.94	0.97	0.95	0.89	0.91	0.98	0.94	0.86	0.35	-0.76	1.0	-0.75	0.99	0.94	1.0	0.96	0.96	0.91	0.95
Net Debt	-0.59	1.0	0.65	-0.56		-0.58	-0.6	-0.5	-0.62	-0.45	-0.62	-0.74	-0.51	-0.49	-0.7	-0.38	0.66	-0.57	0.57	-0.57	-0.73	-0.54	-0.6	-0.7	-0.62	-0.71
Retained Earnings	0.97	-0.58	-0.84	0.99	-0.58		0.62	0.92	0.97	0.92	0.87	0.95	0.95	0.94	0.8	0.31	-0.81	0.98	-0.79	0.96	0.94	0.98	0.97	0.96	0.86	0.96
Accounts Payable	0.76	-0.6	-0.27	0.69	-0.6	0.62		0.71	0.66	0.58	0.7	0.64	0.77	0.6	0.95	0.55	-0.24	0.72	-0.25	0.79	0.8	0.7	0.63	0.68	0.81	0.67
Cash	0.94	-0.5	-0.76	0.94	-0.5	0.92	0.71		0.84	0.86	0.7	0.87	0.94	0.99	0.82	0.09	-0.72	0.96	-0.52	0.96	0.85	0.96	0.82	0.84	0.95	0.81
Non Current Assets Total	0.97	-0.62	-0.77	0.97	-0.62	0.97	0.66	0.84		0.94	0.96	0.9	0.95	0.85	0.84	0.5	-0.75	0.96	-0.86	0.94	0.96	0.95	1.0	0.99	0.84	0.99
Non Currrent Assets Other	0.94	-0.45	-0.76	0.95	-0.45	0.92	0.58	0.86	0.94		0.87	0.77	0.95	0.88	0.78	0.34	-0.73	0.94	-0.8	0.93	0.84	0.95	0.92	0.92	0.87	0.9
Net Receivables	0.9	-0.62	-0.59	0.89	-0.62	0.87	0.7	0.7	0.96	0.87		0.8	0.89	0.68	0.85	0.73	-0.57	0.87	-0.84	0.87	0.93	0.85	0.96	0.96	0.74	0.96
Common Stock Shares Outstanding	0.9	-0.74	-0.84	0.91	-0.74	0.95	0.64	0.87	0.9	0.77	0.8		0.85	0.89	0.78	0.28	-0.82	0.91	-0.71	0.88	0.95	0.91	0.91	0.91	0.8	0.92
Short Term Investments	0.99	-0.51	-0.68	0.98	-0.51	0.95	0.77	0.94	0.95	0.95	0.89	0.85		0.91	0.9	0.4	-0.64	0.99	-0.67	0.99	0.92	0.98	0.93	0.93	0.93	0.92
Non Current Liabilities Total	0.92	-0.49	-0.84	0.94	-0.49	0.94	0.6	0.99	0.85	0.88	0.68	0.89	0.91		0.74	0.02	-0.81	0.95	-0.59	0.93	0.83	0.96	0.84	0.84	0.91	0.82
Inventory	0.91	-0.7	-0.51	0.86	-0.7	0.8	0.95	0.82	0.84	0.78	0.85	0.78	0.9	0.74		0.56	-0.48	0.87	-0.51	0.92	0.92	0.85	0.81	0.86	0.91	0.85
Other Current Assets	0.4	-0.38	0.06	0.35	-0.38	0.31	0.55	0.09	0.5	0.34	0.73	0.28	0.4	0.02	0.56		0.07	0.33	-0.47	0.36	0.54	0.29	0.51	0.51	0.22	0.54
Total Liab	-0.71	0.66	1.0	-0.76	0.66	-0.81	-0.24	-0.72	-0.75	-0.73	-0.57	-0.82	-0.64	-0.81	-0.48	0.07		-0.74	0.78	-0.68	-0.68	-0.75	-0.74	-0.77	-0.67	-0.76
Net Invested Capital	1.0	-0.57	-0.78	1.0	-0.57	0.98	0.72	0.96	0.96	0.94	0.87	0.91	0.99	0.95	0.87	0.33	-0.74		-0.71	0.99	0.94	1.0	0.95	0.95	0.93	0.94
Short Long Term Debt	-0.72	0.57	0.78	-0.75	0.57	-0.79	-0.25	-0.52	-0.86	-0.8	-0.84	-0.71	-0.67	-0.59	-0.51	-0.47	0.78	-0.71		-0.65	-0.73	-0.71	-0.87	-0.86	-0.52	-0.87
Total Current Assets	1.0	-0.57	-0.71	0.99	-0.57	0.96	0.79	0.96	0.94	0.93	0.87	0.88	0.99	0.93	0.92	0.36	-0.68	0.99	-0.65		0.94	0.99	0.92	0.93	0.95	0.92
Capital Stock	0.96	-0.73	-0.71	0.94	-0.73	0.94	0.8	0.85	0.96	0.84	0.93	0.95	0.92	0.83	0.92	0.54	-0.68	0.94	-0.73	0.94		0.93	0.96	0.97	0.85	0.97
Net Working Capital	0.99	-0.54	-0.79	1.0	-0.54	0.98	0.7	0.96	0.95	0.95	0.85	0.91	0.98	0.96	0.85	0.29	-0.75	1.0	-0.71	0.99	0.93		0.94	0.94	0.92	0.93
Intangible Assets	0.95	-0.6	-0.77	0.96	-0.6	0.97	0.63	0.82	1.0	0.92	0.96	0.91	0.93	0.84	0.81	0.51	-0.74	0.95	-0.87	0.92	0.96	0.94		0.99	0.79	0.99
Property Plant And Equipment Net	0.96	-0.7	-0.79	0.96	-0.7	0.96	0.68	0.84	0.99	0.92	0.96	0.91	0.93	0.84	0.86	0.51	-0.77	0.95	-0.86	0.93	0.97	0.94	0.99		0.85	1.0
Capital Lease Obligations	0.93	-0.62	-0.7	0.91	-0.62	0.86	0.81	0.95	0.84	0.87	0.74	0.8	0.93	0.91	0.91	0.22	-0.67	0.93	-0.52	0.95	0.85	0.92	0.79	0.85		0.82
Property Plant And Equipment Gross	0.95	-0.71	-0.78	0.95	-0.71	0.96	0.67	0.81	0.99	0.9	0.96	0.92	0.92	0.82	0.85	0.54	-0.76	0.94	-0.87	0.92	0.97	0.93	0.99	1.0	0.82

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Huali Industrial Account Relationship Matchups

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

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Huali Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

Huali Industrial fundamental ratios Correlations

Huali Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Huali Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity

Property Plant And Equipment Gross	- 0.87	Short Long Term Debt
Intangible Assets	- 0.87	Short Long Term Debt
Property Plant And Equipment Net	- 0.86	Short Long Term Debt
Short Long Term Debt	- 0.86	Non Current Assets Total
Short Long Term Debt	- 0.84	Net Receivables
Non Current Liabilities Total	- 0.84	Total Current Liabilities