Hengli Dividends Paid vs Investments Analysis

600346 Stock   15.04  0.16  1.08%   
Hengli Petrochemical financial indicator trend analysis is much more than just examining Hengli Petrochemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hengli Petrochemical is a good investment. Please check the relationship between Hengli Petrochemical Dividends Paid and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hengli Petrochemical 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.

Dividends Paid vs Investments

Dividends Paid vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hengli Petrochemical Dividends Paid account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hengli Petrochemical's Dividends Paid and Investments is -0.18. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Investments in the same time period over historical financial statements of Hengli Petrochemical Co, assuming nothing else is changed. The correlation between historical values of Hengli Petrochemical's Dividends Paid and Investments 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 Hengli Petrochemical Co are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Dividends Paid i.e., Hengli Petrochemical's Dividends Paid and Investments go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

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

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Hengli Petrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hengli Petrochemical 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 Hengli Petrochemical 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.
The current year's Tax Provision is expected to grow to about 2.1 B, whereas Selling General Administrative is forecasted to decline to about 431.8 M.
 2021 2022 2023 2024 (projected)
Operating Income24.5B9.8B14.6B15.4B
Total Revenue198.0B222.4B234.9B246.6B

Hengli Petrochemical fundamental ratios Correlations

0.730.990.990.940.960.970.990.090.980.921.01.00.970.990.90.940.060.680.930.950.950.990.970.680.96
0.730.740.730.660.740.820.710.110.780.590.730.760.710.720.60.640.170.530.810.850.860.740.80.570.78
0.990.740.980.940.950.980.970.10.980.930.990.990.970.990.910.970.160.710.930.950.950.980.950.660.94
0.990.730.980.960.950.950.980.070.980.90.990.990.970.990.890.930.080.690.950.950.950.980.960.650.95
0.940.660.940.960.830.880.91-0.130.930.880.940.940.880.950.760.86-0.010.560.90.90.880.930.910.460.87
0.960.740.950.950.830.950.960.260.950.870.950.960.970.950.950.950.160.790.910.910.940.940.930.830.95
0.970.820.980.950.880.950.960.130.970.910.980.980.940.960.890.930.080.690.910.950.960.950.950.730.94
0.990.710.970.980.910.960.960.140.950.890.990.990.960.980.920.930.060.650.920.940.930.990.960.720.97
0.090.110.10.07-0.130.260.130.140.07-0.130.10.080.270.090.250.160.520.440.110.130.160.180.10.340.18
0.980.780.980.980.930.950.970.950.070.920.970.980.940.970.90.930.080.680.940.950.970.950.950.720.93
0.920.590.930.90.880.870.910.89-0.130.920.920.920.850.910.890.93-0.050.60.80.830.840.850.850.660.84
1.00.730.990.990.940.950.980.990.10.970.921.00.970.990.910.950.060.680.920.950.950.990.970.690.96
1.00.760.990.990.940.960.980.990.080.980.921.00.970.990.910.950.080.690.940.950.950.980.970.70.96
0.970.710.970.970.880.970.940.960.270.940.850.970.970.970.910.960.220.810.920.920.920.970.930.690.94
0.990.720.990.990.950.950.960.980.090.970.910.990.990.970.910.960.140.690.930.950.940.990.960.640.95
0.90.60.910.890.760.950.890.920.250.90.890.910.910.910.910.950.220.710.830.830.870.880.860.840.89
0.940.640.970.930.860.950.930.930.160.930.930.950.950.960.960.950.240.810.870.870.890.920.890.680.89
0.060.170.160.08-0.010.160.080.060.520.08-0.050.060.080.220.140.220.240.370.190.140.180.150.06-0.010.08
0.680.530.710.690.560.790.690.650.440.680.60.680.690.810.690.710.810.370.690.670.670.670.660.540.67
0.930.810.930.950.90.910.910.920.110.940.80.920.940.920.930.830.870.190.690.980.980.940.970.620.96
0.950.850.950.950.90.910.950.940.130.950.830.950.950.920.950.830.870.140.670.980.990.950.990.630.97
0.950.860.950.950.880.940.960.930.160.970.840.950.950.920.940.870.890.180.670.980.990.940.980.710.97
0.990.740.980.980.930.940.950.990.180.950.850.990.980.970.990.880.920.150.670.940.950.940.960.640.96
0.970.80.950.960.910.930.950.960.10.950.850.970.970.930.960.860.890.060.660.970.990.980.960.670.99
0.680.570.660.650.460.830.730.720.340.720.660.690.70.690.640.840.68-0.010.540.620.630.710.640.670.73
0.960.780.940.950.870.950.940.970.180.930.840.960.960.940.950.890.890.080.670.960.970.970.960.990.73
Click cells to compare fundamentals

Hengli Petrochemical Account Relationship Matchups

Hengli Petrochemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets174.4B191.0B210.3B241.4B260.6B273.6B
Other Current Liab7.4B11.9B9.2B17.2B4.7B2.8B
Total Current Liabilities82.3B85.8B97.8B125.9B123.9B130.1B
Total Stockholder Equity36.3B46.9B57.2B52.9B60.0B63.0B
Retained Earnings11.2B21.9B32.0B27.2B33.1B34.7B
Accounts Payable23.8B22.8B26.7B29.5B27.6B29.0B
Cash16.5B15.7B16.0B28.1B20.5B21.5B
Long Term Debt52.4B54.9B52.1B58.3B70.6B74.2B
Net Receivables13.3B1.4B2.6B372.4M538.4M511.5M
Inventory19.5B19.7B33.6B37.8B31.3B32.8B
Other Current Assets1.4B2.4B3.1B6.5B6.8B7.1B
Total Liab137.6B144.0B153.0B188.5B200.6B210.6B
Intangible Assets5.8B7.2B7.3B8.9B9.0B9.5B
Property Plant Equipment107.4B126.0B130.6B146.1B168.0B176.4B
Other Assets7.9B5.5B6.9B9.4B10.8B11.4B
Other Liab3.0B3.2B3.0B4.3B4.9B5.1B
Short Term Investments2.6B1.7B814.4M604.4M298.8M283.9M
Net Tangible Assets30.5B39.7B49.8B43.9B50.4B28.9B
Short Long Term Debt47.6B49.9B55.6B69.3B67.0B39.9B
Total Current Assets53.3B52.1B65.2B76.3B66.1B48.1B
Non Current Assets Total121.1B138.9B145.1B165.1B194.5B119.9B
Non Currrent Assets Other5.0B2.3B3.9B6.3B3.4B4.4B
Non Current Liabilities Total55.4B58.2B55.2B62.7B76.7B48.8B
Deferred Long Term Liab2.7B3.1B2.6B2.0B2.3B1.7B
Non Current Liabilities Other40.1B52.3B123.3M13M15.0M14.2M
Net Debt83.4B89.1B91.7B99.6B117.1B84.4B
Other Stockholder Equity44.2M(23.2M)(11.5M)(48.5M)(43.6M)(41.4M)
Net Invested Capital136.2B151.7B164.9B180.5B197.6B147.2B
Net Working Capital(29.0B)(33.7B)(32.6B)(49.5B)(57.8B)(54.9B)

Currently Active Assets on Macroaxis

Other Information on Investing in Hengli Stock

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