Huafa Intangible Assets vs Net Tangible Assets Analysis

600325 Stock   6.46  0.23  3.44%   
Huafa Industrial financial indicator trend analysis is much more than just examining Huafa Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huafa Industrial is a good investment. Please check the relationship between Huafa Industrial Intangible Assets and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huafa Industrial Co. 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.

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huafa Industrial Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Huafa Industrial's Intangible Assets and Net Tangible Assets is 0.76. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Huafa Industrial Co, assuming nothing else is changed. The correlation between historical values of Huafa Industrial's Intangible Assets and Net Tangible 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 Intangible Assets of Huafa Industrial Co are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Huafa Industrial's Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Huafa Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huafa 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 Huafa Industrial Co. 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 November 23, 2024, Selling General Administrative is expected to decline to about 1.7 B. In addition to that, Tax Provision is expected to decline to about 1.5 B
 2021 2022 2023 2024 (projected)
Operating Income6.7B5.6B6.5B6.8B
Total Revenue51.2B59.2B72.1B75.8B

Huafa Industrial fundamental ratios Correlations

0.940.480.990.970.931.01.00.740.890.90.970.97-0.630.50.930.91-0.550.970.630.690.82-0.710.940.550.9
0.940.260.960.930.790.960.960.560.940.750.850.96-0.490.570.890.9-0.490.850.750.70.85-0.560.870.480.77
0.480.260.430.40.710.430.420.370.230.710.590.33-0.69-0.20.350.27-0.30.63-0.150.110.09-0.580.40.260.55
0.990.960.430.980.90.990.990.70.910.870.930.98-0.530.590.930.91-0.550.930.660.680.84-0.680.940.550.88
0.970.930.40.980.890.970.980.770.830.860.950.97-0.480.630.940.93-0.650.930.670.730.82-0.720.950.540.9
0.930.790.710.90.890.90.90.720.720.940.950.86-0.70.310.830.79-0.570.950.430.570.62-0.760.860.510.88
1.00.960.430.990.970.91.00.710.910.870.950.98-0.610.520.940.91-0.520.950.660.710.84-0.680.930.550.88
1.00.960.420.990.980.91.00.720.910.860.950.98-0.590.540.940.92-0.540.950.670.720.85-0.670.940.560.88
0.740.560.370.70.770.720.710.720.50.780.780.69-0.30.510.810.76-0.570.790.370.430.68-0.690.850.60.89
0.890.940.230.910.830.720.910.910.50.680.760.9-0.480.540.840.81-0.240.790.680.620.89-0.440.810.530.7
0.90.750.710.870.860.940.870.860.780.680.940.82-0.710.270.780.73-0.540.940.30.40.58-0.870.830.460.9
0.970.850.590.930.950.950.950.950.780.760.940.92-0.670.390.890.87-0.640.970.530.680.7-0.780.920.540.92
0.970.960.330.980.970.860.980.980.690.90.820.92-0.50.580.910.89-0.50.890.640.730.83-0.690.920.470.85
-0.63-0.49-0.69-0.53-0.48-0.7-0.61-0.59-0.3-0.48-0.71-0.67-0.50.29-0.39-0.380.2-0.71-0.15-0.23-0.210.55-0.4-0.17-0.45
0.50.57-0.20.590.630.310.520.540.510.540.270.390.580.290.640.63-0.380.390.670.510.71-0.190.620.420.46
0.930.890.350.930.940.830.940.940.810.840.780.890.91-0.390.640.98-0.610.90.720.760.93-0.570.990.710.93
0.910.90.270.910.930.790.910.920.760.810.730.870.89-0.380.630.98-0.660.870.810.790.89-0.530.960.660.88
-0.55-0.49-0.3-0.55-0.65-0.57-0.52-0.54-0.57-0.24-0.54-0.64-0.50.2-0.38-0.61-0.66-0.58-0.52-0.61-0.390.43-0.64-0.49-0.63
0.970.850.630.930.930.950.950.950.790.790.940.970.89-0.710.390.90.87-0.580.540.610.73-0.730.910.590.91
0.630.75-0.150.660.670.430.660.670.370.680.30.530.64-0.150.670.720.81-0.520.540.750.77-0.040.650.570.44
0.690.70.110.680.730.570.710.720.430.620.40.680.73-0.230.510.760.79-0.610.610.750.69-0.250.740.510.61
0.820.850.090.840.820.620.840.850.680.890.580.70.83-0.210.710.930.89-0.390.730.770.69-0.340.890.690.77
-0.71-0.56-0.58-0.68-0.72-0.76-0.68-0.67-0.69-0.44-0.87-0.78-0.690.55-0.19-0.57-0.530.43-0.73-0.04-0.25-0.34-0.66-0.04-0.76
0.940.870.40.940.950.860.930.940.850.810.830.920.92-0.40.620.990.96-0.640.910.650.740.89-0.660.670.96
0.550.480.260.550.540.510.550.560.60.530.460.540.47-0.170.420.710.66-0.490.590.570.510.69-0.040.670.63
0.90.770.550.880.90.880.880.880.890.70.90.920.85-0.450.460.930.88-0.630.910.440.610.77-0.760.960.63
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Huafa Industrial Account Relationship Matchups

Huafa Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets234.1B321.8B355.1B402.7B451.7B474.3B
Total Stockholder Equity19.8B21.0B20.8B19.7B22.2B23.3B
Other Liab131.4M177.9M205.4M12.6B14.5B15.3B
Retained Earnings10.1B11.8B13.7B15.1B14.5B15.2B
Cash26.1B43.6B50.0B52.8B46.3B48.6B
Other Assets8.2B13.2B16.1B21.4B24.6B25.9B
Inventory159.8B211.4B217.4B243.5B275.0B288.8B
Total Liab190.8B258.5B259.2B293.2B320.0B336.0B
Intangible Assets205.3M201.0M468.6M509.0M495.7M261.0M
Common Stock2.1B2.1B2.1B2.1B2.4B2.6B
Property Plant Equipment872.2M1.2B4.3B4.7B5.4B5.7B
Accounts Payable10.2B27.6B31.9B34.0B41.3B43.3B
Long Term Debt58.7B98.0B99.9B105.9B103.5B108.7B
Other Current Liab78.9B77.1B88.4B114.2B8.5B8.0B
Total Current Liabilities129.6B155.8B152.8B173.8B198.8B128.1B
Net Tangible Assets19.6B20.8B20.4B19.2B22.1B18.1B
Net Receivables3.4B95.2M328.4M1.2B1.2B2.3B
Other Current Assets27.2B29.8B36.4B52.2B61.1B64.1B
Other Stockholder Equity6.5B6.4B4.1B1.8B2.1B3.1B
Deferred Long Term Liab149.0M407.6M153.9M194.3M223.4M182.0M
Short Long Term Debt12.3B9.3B1.0B34.9M463.0M439.8M
Total Current Assets216.8B292.5B312.7B350.9B387.1B251.2B
Non Current Assets Total18.2B29.3B42.4B51.8B64.6B32.5B
Non Currrent Assets Other12.7B6M5M18M265.2M251.9M
Non Current Liabilities Total61.9B102.7B106.4B119.5B121.2B91.4B
Non Current Liabilities Other3.1B4.5B5.3B12.4B16.4B19.4B
Net Debt45.0B63.6B50.9B53.1B57.6B57.6B
Net Invested Capital90.8B128.2B121.7B125.6B126.1B117.2B
Net Working Capital87.0B136.7B159.9B177.1B188.3B139.4B

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Other Information on Investing in Huafa Stock

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