Harbin Dividends Paid vs Change To Account Receivables Analysis

600202 Stock   4.99  0.05  0.99%   
Harbin Air financial indicator trend analysis is much more than just examining Harbin Air Conditioning latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harbin Air Conditioning is a good investment. Please check the relationship between Harbin Air Dividends Paid and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Harbin Air Conditioning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividends Paid vs Change To Account Receivables

Dividends Paid vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harbin Air Conditioning Dividends Paid account and Change To Account Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Harbin Air's Dividends Paid and Change To Account Receivables is 0.32. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Harbin Air Conditioning, assuming nothing else is changed. The correlation between historical values of Harbin Air's Dividends Paid and Change To Account Receivables 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 Harbin Air Conditioning are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Dividends Paid i.e., Harbin Air's Dividends Paid and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Dividends Paid

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

Change To Account Receivables

Most indicators from Harbin Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harbin Air Conditioning 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 Harbin Air Conditioning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 60.1 M, whereas Tax Provision is forecasted to decline to (482.9 K).
 2021 2022 2023 2024 (projected)
Gross Profit62.9M161.6M233.4M145.6M
Research Development32.4M35.6M46.6M31.5M

Harbin Air fundamental ratios Correlations

0.20.950.970.770.70.480.280.210.89-0.110.810.011.00.240.790.780.770.460.240.110.140.5-0.150.24-0.17
0.20.270.160.150.280.260.19-0.170.040.260.320.850.21-0.250.440.16-0.07-0.57-0.18-0.34-0.35-0.38-0.13-0.67-0.07
0.950.270.910.70.670.390.2-0.060.87-0.070.830.120.950.160.730.770.670.430.150.10.060.48-0.190.17-0.11
0.970.160.910.870.620.40.210.20.91-0.090.78-0.060.950.230.750.810.810.460.190.20.130.44-0.050.25-0.11
0.770.150.70.870.510.20.090.140.810.070.56-0.080.730.340.530.590.730.450.110.310.060.410.010.15-0.07
0.70.280.670.620.510.710.610.20.42-0.170.480.30.710.470.590.170.570.30.57-0.38-0.160.52-0.52-0.29-0.65
0.480.260.390.40.20.710.710.380.08-0.210.290.220.50.280.50.060.570.060.64-0.5-0.290.28-0.6-0.23-0.73
0.280.190.20.210.090.610.710.46-0.03-0.56-0.120.080.290.60.53-0.130.27-0.180.86-0.81-0.140.05-0.61-0.29-0.91
0.21-0.17-0.060.20.140.20.380.460.11-0.54-0.03-0.340.210.460.270.080.250.090.49-0.120.270.140.020.27-0.38
0.890.040.870.910.810.420.08-0.030.11-0.070.73-0.180.870.210.620.840.620.53-0.020.410.190.470.070.440.16
-0.110.26-0.07-0.090.07-0.17-0.21-0.56-0.54-0.070.070.35-0.11-0.62-0.1-0.01-0.02-0.17-0.690.29-0.19-0.270.23-0.320.5
0.810.320.830.780.560.480.29-0.12-0.030.730.070.240.81-0.160.50.790.590.41-0.140.380.090.410.150.170.15
0.010.850.12-0.06-0.080.30.220.08-0.34-0.180.350.240.03-0.330.21-0.14-0.24-0.5-0.22-0.38-0.32-0.28-0.06-0.82-0.08
1.00.210.950.950.730.710.50.290.210.87-0.110.810.030.240.790.770.750.450.240.080.130.51-0.170.23-0.18
0.24-0.250.160.230.340.470.280.60.460.21-0.62-0.16-0.330.240.12-0.180.310.430.77-0.250.090.56-0.410.2-0.67
0.790.440.730.750.530.590.50.530.270.62-0.10.50.210.790.120.640.5-0.130.22-0.330.03-0.04-0.19-0.11-0.25
0.780.160.770.810.590.170.06-0.130.080.84-0.010.79-0.140.77-0.180.640.550.25-0.220.410.210.120.240.440.35
0.77-0.070.670.810.730.570.570.270.250.62-0.020.59-0.240.750.310.50.550.550.350.2-0.030.5-0.140.28-0.29
0.46-0.570.430.460.450.30.06-0.180.090.53-0.170.41-0.50.450.43-0.130.250.550.230.550.30.930.00.65-0.03
0.24-0.180.150.190.110.570.640.860.49-0.02-0.69-0.14-0.220.240.770.22-0.220.350.23-0.570.070.42-0.580.02-0.94
0.11-0.340.10.20.31-0.38-0.5-0.81-0.120.410.290.38-0.380.08-0.25-0.330.410.20.55-0.570.230.30.610.610.71
0.14-0.350.060.130.06-0.16-0.29-0.140.270.19-0.190.09-0.320.130.090.030.21-0.030.30.070.230.210.550.490.12
0.5-0.380.480.440.410.520.280.050.140.47-0.270.41-0.280.510.56-0.040.120.50.930.420.30.21-0.230.46-0.29
-0.15-0.13-0.19-0.050.01-0.52-0.6-0.610.020.070.230.15-0.06-0.17-0.41-0.190.24-0.140.0-0.580.610.55-0.230.240.64
0.24-0.670.170.250.15-0.29-0.23-0.290.270.44-0.320.17-0.820.230.2-0.110.440.280.650.020.610.490.460.240.3
-0.17-0.07-0.11-0.11-0.07-0.65-0.73-0.91-0.380.160.50.15-0.08-0.18-0.67-0.250.35-0.29-0.03-0.940.710.12-0.290.640.3
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Harbin Air Account Relationship Matchups

Harbin Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.1B2.5B2.9B2.1B
Other Current Liab384.8M480.8M194.9M300.7M123.3M236.2M
Total Current Liabilities1.2B1.4B1.1B1.5B1.7B1.2B
Total Stockholder Equity669.4M705.2M773.0M810.0M830.7M755.6M
Retained Earnings205.8M240.9M307.1M344.5M211.4M252.7M
Accounts Payable575.5M638.6M668.3M605.9M702.9M432.0M
Cash194.2M325.1M299.7M237.7M306.4M208.6M
Other Assets84.6M146.9M155.2M141.4M162.6M170.7M
Long Term Debt100M130M200M110.5M334.3M351.0M
Net Receivables782.1M684.3M683.9M833.6M1.1B874.0M
Inventory318.6M387.9M223.6M277.8M344.9M278.8M
Other Current Assets138.7M166.3M33.4M54.3M8.4M8.0M
Total Liab1.3B1.6B1.4B1.6B2.1B1.4B
Intangible Assets1.9M33.6M35.8M41.9M60.9M64.0M
Property Plant Equipment425.9M376.3M389.0M436.9M502.4M490.1M
Other Liab124.9K28.5M46.9M30.3M34.9M21.4M
Net Tangible Assets631.3M671.6M737.2M767.3M882.3M743.7M
Other Stockholder Equity104.1K759.9K1.1M1.2M1.4M1.5M
Short Long Term Debt150M110M100M338.9M329.7M253.8M
Total Current Assets1.4B1.7B1.5B1.8B2.2B1.7B
Non Current Assets Total579.6M585.1M608.9M648.7M743.2M707.4M
Non Currrent Assets Other579.6M67.9M70.0M57.0M84.4M80.2M
Non Current Liabilities Total100.1M158.5M246.9M140.9M376.8M208.8M
Non Current Liabilities Other100M28.3M46.9M27.9M36.5M69.4M
Net Invested Capital919.4M945.2M1.1B1.3B1.5B1.2B
Net Working Capital190.0M278.9M413.9M321.5M491.5M260.8M

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Other Information on Investing in Harbin Stock

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