Hunan Property Plant Equipment vs Deferred Long Term Liab Analysis

600698 Stock   5.10  0.02  0.39%   
Hunan Tyen financial indicator trend analysis is much more than just examining Hunan Tyen Machinery latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Tyen Machinery is a good investment. Please check the relationship between Hunan Tyen Property Plant Equipment and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Tyen Machinery. 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.

Property Plant Equipment vs Deferred Long Term Liab

Property Plant Equipment vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Tyen Machinery Property Plant Equipment account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hunan Tyen's Property Plant Equipment and Deferred Long Term Liab is -0.06. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Hunan Tyen Machinery, assuming nothing else is changed. The correlation between historical values of Hunan Tyen's Property Plant Equipment and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Hunan Tyen Machinery are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Property Plant Equipment i.e., Hunan Tyen's Property Plant Equipment and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Hunan Tyen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Tyen Machinery 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 Hunan Tyen Machinery. 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 1.9 M, whereas Selling General Administrative is forecasted to decline to about 21.8 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue475.9M285.7M433.4M624.2M
Total Revenue568.5M330.6M487.7M734.2M

Hunan Tyen fundamental ratios Correlations

0.320.840.960.930.86-0.55-0.320.990.940.960.830.15-0.150.89-0.82-0.110.04-0.09-0.110.09-0.22-0.05-0.220.160.1
0.320.380.240.560.27-0.39-0.80.350.430.430.38-0.62-0.660.5-0.230.010.09-0.42-0.670.7-0.6-0.11-0.60.36-0.17
0.840.380.670.790.92-0.64-0.370.830.90.781.00.16-0.260.93-0.770.020.13-0.29-0.14-0.04-0.220.0-0.220.160.18
0.960.240.670.890.75-0.48-0.250.950.840.940.650.17-0.050.78-0.76-0.21-0.020.05-0.040.1-0.2-0.11-0.20.120.07
0.930.560.790.890.76-0.61-0.50.940.880.980.77-0.13-0.410.89-0.75-0.190.08-0.23-0.270.3-0.51-0.17-0.510.330.19
0.860.270.920.750.76-0.72-0.280.820.860.780.90.330.020.9-0.72-0.190.00.030.02-0.11-0.130.02-0.130.080.2
-0.55-0.39-0.64-0.48-0.61-0.720.26-0.55-0.5-0.64-0.59-0.20.05-0.790.590.61-0.380.0-0.190.180.550.570.55-0.23-0.29
-0.32-0.8-0.37-0.25-0.5-0.280.26-0.37-0.42-0.41-0.370.580.59-0.410.21-0.16-0.070.460.68-0.560.44-0.110.44-0.290.06
0.990.350.830.950.940.82-0.55-0.370.940.970.820.08-0.240.88-0.85-0.080.1-0.19-0.160.09-0.3-0.1-0.30.20.1
0.940.430.90.840.880.86-0.5-0.420.940.870.9-0.02-0.330.87-0.780.090.09-0.31-0.350.18-0.210.1-0.210.120.03
0.960.430.780.940.980.78-0.64-0.410.970.870.750.03-0.280.89-0.81-0.240.12-0.16-0.110.16-0.44-0.24-0.440.270.16
0.830.381.00.650.770.9-0.59-0.370.820.90.750.13-0.30.91-0.750.110.15-0.35-0.19-0.02-0.190.05-0.190.180.15
0.15-0.620.160.17-0.130.33-0.20.580.08-0.020.030.130.790.15-0.24-0.26-0.140.620.86-0.760.55-0.130.55-0.330.05
-0.15-0.66-0.26-0.05-0.410.020.050.59-0.24-0.33-0.28-0.30.79-0.260.24-0.27-0.240.850.72-0.580.60.050.6-0.230.02
0.890.50.930.780.890.9-0.79-0.410.880.870.890.910.15-0.26-0.86-0.230.16-0.17-0.06-0.01-0.41-0.27-0.410.180.15
-0.82-0.23-0.77-0.76-0.75-0.720.590.21-0.85-0.78-0.81-0.75-0.240.24-0.860.23-0.170.15-0.060.230.30.340.30.160.01
-0.110.010.02-0.21-0.19-0.190.61-0.16-0.080.09-0.240.11-0.26-0.27-0.230.23-0.18-0.47-0.510.260.460.70.460.08-0.32
0.040.090.13-0.020.080.0-0.38-0.070.10.090.120.15-0.14-0.240.16-0.17-0.18-0.52-0.03-0.12-0.39-0.57-0.390.110.02
-0.09-0.42-0.290.05-0.230.030.00.46-0.19-0.31-0.16-0.350.620.85-0.170.15-0.47-0.520.63-0.410.35-0.010.35-0.220.04
-0.11-0.67-0.14-0.04-0.270.02-0.190.68-0.16-0.35-0.11-0.190.860.72-0.06-0.06-0.51-0.030.63-0.780.26-0.440.26-0.170.2
0.090.7-0.040.10.3-0.110.18-0.560.090.180.16-0.02-0.76-0.58-0.010.230.26-0.12-0.41-0.78-0.250.29-0.250.3-0.21
-0.22-0.6-0.22-0.2-0.51-0.130.550.44-0.3-0.21-0.44-0.190.550.6-0.410.30.46-0.390.350.26-0.250.591.0-0.49-0.32
-0.05-0.110.0-0.11-0.170.020.57-0.11-0.10.1-0.240.05-0.130.05-0.270.340.7-0.57-0.01-0.440.290.590.59-0.12-0.12
-0.22-0.6-0.22-0.2-0.51-0.130.550.44-0.3-0.21-0.44-0.190.550.6-0.410.30.46-0.390.350.26-0.251.00.59-0.49-0.32
0.160.360.160.120.330.08-0.23-0.290.20.120.270.18-0.33-0.230.180.160.080.11-0.22-0.170.3-0.49-0.12-0.490.38
0.1-0.170.180.070.190.2-0.290.060.10.030.160.150.050.020.150.01-0.320.020.040.2-0.21-0.32-0.12-0.320.38
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Hunan Tyen Account Relationship Matchups

Hunan Tyen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.1B1.1B1.2B1.1B
Other Current Liab150.7M88.9M92.5M87.6M3.2M3.0M
Total Current Liabilities409.6M483.0M314.5M294.6M466.7M640.1M
Total Stockholder Equity762.9M779.4M788.6M760.5M763.4M552.3M
Retained Earnings(845.9M)(812.9M)(804.1M)(831.9M)(913.0M)(958.7M)
Accounts Payable205.0M329.7M193.0M180.6M331.3M305.3M
Cash385.3M363.3M371.0M351.9M297.4M280.8M
Other Assets31.0M39.0M59.1M80.0M92.0M96.6M
Net Receivables401.9M278.4M182.5M156.0M228.0M382.3M
Inventory137.7M143.9M123.4M108.7M116.2M126.8M
Other Current Assets4.2M5.2M4.5M16.2M6.2M5.9M
Total Liab468.4M493.0M321.7M300.3M471.5M653.4M
Intangible Assets27.8M28.0M41.0M67.4M92.2M96.8M
Property Plant Equipment190.7M172.9M162.0M181.4M163.2M313.9M
Other Liab31.2M10.0M5.0M3.8M4.4M4.1M
Net Tangible Assets747.7M767.2M777.0M750.9M863.5M740.6M
Deferred Long Term Liab13.4M16.5M30.0M58.1M66.8M70.2M
Total Current Assets929.2M1.0B877.6M789.8M896.8M740.0M
Non Current Assets Total302.2M224.2M232.7M271.0M338.1M225.3M
Non Currrent Assets Other6.9M12.4M20.4M10.9M24.8M17.5M
Non Current Liabilities Total58.8M10.0M7.2M5.7M4.8M4.5M
Net Invested Capital790.5M779.4M788.6M760.5M763.4M631.3M
Net Working Capital519.5M565.3M563.0M495.2M430.0M504.9M

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Other Information on Investing in Hunan Stock

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