Huali Selling General Administrative vs Non Current Liabilities Total 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 Selling General Administrative and its Non Current Liabilities Total 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.

Selling General Administrative vs Non Current Liabilities Total

Selling General Administrative vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huali Industrial Selling General Administrative account and Non Current Liabilities Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Huali Industrial's Selling General Administrative and Non Current Liabilities Total is -0.98. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Liabilities Total 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 Selling General Administrative and Non Current Liabilities 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 Selling General Administrative of Huali Industrial Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Selling General Administrative i.e., Huali Industrial's Selling General Administrative and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling General Administrative

Non Current Liabilities Total

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 Expense37.3M67.8M71.1M136.7M
Interest Income58.3M75.6M119.5M125.4M

Huali Industrial fundamental ratios Correlations

-0.59-0.740.99-0.590.970.760.940.970.940.90.90.990.920.910.4-0.711.0-0.721.00.960.990.950.960.930.95
-0.590.65-0.561.0-0.58-0.6-0.5-0.62-0.45-0.62-0.74-0.51-0.49-0.7-0.380.66-0.570.57-0.57-0.73-0.54-0.6-0.7-0.62-0.71
-0.740.65-0.790.65-0.84-0.27-0.76-0.77-0.76-0.59-0.84-0.68-0.84-0.510.061.0-0.780.78-0.71-0.71-0.79-0.77-0.79-0.7-0.78
0.99-0.56-0.79-0.560.990.690.940.970.950.890.910.980.940.860.35-0.761.0-0.750.990.941.00.960.960.910.95
-0.591.00.65-0.56-0.58-0.6-0.5-0.62-0.45-0.62-0.74-0.51-0.49-0.7-0.380.66-0.570.57-0.57-0.73-0.54-0.6-0.7-0.62-0.71
0.97-0.58-0.840.99-0.580.620.920.970.920.870.950.950.940.80.31-0.810.98-0.790.960.940.980.970.960.860.96
0.76-0.6-0.270.69-0.60.620.710.660.580.70.640.770.60.950.55-0.240.72-0.250.790.80.70.630.680.810.67
0.94-0.5-0.760.94-0.50.920.710.840.860.70.870.940.990.820.09-0.720.96-0.520.960.850.960.820.840.950.81
0.97-0.62-0.770.97-0.620.970.660.840.940.960.90.950.850.840.5-0.750.96-0.860.940.960.951.00.990.840.99
0.94-0.45-0.760.95-0.450.920.580.860.940.870.770.950.880.780.34-0.730.94-0.80.930.840.950.920.920.870.9
0.9-0.62-0.590.89-0.620.870.70.70.960.870.80.890.680.850.73-0.570.87-0.840.870.930.850.960.960.740.96
0.9-0.74-0.840.91-0.740.950.640.870.90.770.80.850.890.780.28-0.820.91-0.710.880.950.910.910.910.80.92
0.99-0.51-0.680.98-0.510.950.770.940.950.950.890.850.910.90.4-0.640.99-0.670.990.920.980.930.930.930.92
0.92-0.49-0.840.94-0.490.940.60.990.850.880.680.890.910.740.02-0.810.95-0.590.930.830.960.840.840.910.82
0.91-0.7-0.510.86-0.70.80.950.820.840.780.850.780.90.740.56-0.480.87-0.510.920.920.850.810.860.910.85
0.4-0.380.060.35-0.380.310.550.090.50.340.730.280.40.020.560.070.33-0.470.360.540.290.510.510.220.54
-0.710.661.0-0.760.66-0.81-0.24-0.72-0.75-0.73-0.57-0.82-0.64-0.81-0.480.07-0.740.78-0.68-0.68-0.75-0.74-0.77-0.67-0.76
1.0-0.57-0.781.0-0.570.980.720.960.960.940.870.910.990.950.870.33-0.74-0.710.990.941.00.950.950.930.94
-0.720.570.78-0.750.57-0.79-0.25-0.52-0.86-0.8-0.84-0.71-0.67-0.59-0.51-0.470.78-0.71-0.65-0.73-0.71-0.87-0.86-0.52-0.87
1.0-0.57-0.710.99-0.570.960.790.960.940.930.870.880.990.930.920.36-0.680.99-0.650.940.990.920.930.950.92
0.96-0.73-0.710.94-0.730.940.80.850.960.840.930.950.920.830.920.54-0.680.94-0.730.940.930.960.970.850.97
0.99-0.54-0.791.0-0.540.980.70.960.950.950.850.910.980.960.850.29-0.751.0-0.710.990.930.940.940.920.93
0.95-0.6-0.770.96-0.60.970.630.821.00.920.960.910.930.840.810.51-0.740.95-0.870.920.960.940.990.790.99
0.96-0.7-0.790.96-0.70.960.680.840.990.920.960.910.930.840.860.51-0.770.95-0.860.930.970.940.990.851.0
0.93-0.62-0.70.91-0.620.860.810.950.840.870.740.80.930.910.910.22-0.670.93-0.520.950.850.920.790.850.82
0.95-0.71-0.780.95-0.710.960.670.810.990.90.960.920.920.820.850.54-0.760.94-0.870.920.970.930.991.00.82
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Huali Industrial Account Relationship Matchups

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Other Information on Investing in Huali Stock

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.