Datang Long Term Investments vs Total Assets Analysis

600744 Stock

3.35 0.07 2.05%

Datang HuaYin financial indicator trend analysis is much more than just examining Datang HuaYin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datang HuaYin Electric is a good investment. Please check the relationship between Datang HuaYin Long Term Investments and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang HuaYin Electric. 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.

Long Term Investments vs Total Assets

Long Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Long Term Investments account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Datang HuaYin's Long Term Investments and Total Assets is 0.61. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Datang HuaYin Electric, assuming nothing else is changed. The correlation between historical values of Datang HuaYin's Long Term Investments and Total 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 Long Term Investments of Datang HuaYin Electric are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Investments i.e., Datang HuaYin's Long Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Investments

Long Term Investments is an item on the asset side of Datang HuaYin balance sheet that represents investments Datang HuaYin Electric intends to hold for over a year. Datang HuaYin Electric long term investments may include different instruments such as stocks, bonds, real estate and cash.

Total Assets

Total assets refers to the total amount of Datang HuaYin assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Datang HuaYin Electric books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Datang HuaYin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datang HuaYin Electric 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 Datang HuaYin Electric. 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 39.7 M, whereas Selling General Administrative is forecasted to decline to about 17 M.

Datang HuaYin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.21	0.79	0.02	0.19	-0.75	0.52	0.39	0.84	0.8	0.31	-0.09	0.46	0.33	0.98	0.66	0.75	0.95	0.3	-0.44	0.5	0.61	0.42	0.3	0.44	0.17
Other Current Liab	0.21		0.33	0.37	0.48	0.15	-0.23	0.08	0.36	-0.18	0.55	0.53	0.47	-0.04	0.15	0.53	0.33	0.29	-0.55	0.39	0.1	0.01	0.18	0.02	-0.09	-0.71
Total Current Liabilities	0.79	0.33		-0.2	0.11	-0.75	0.56	0.52	0.74	0.38	0.31	0.02	0.43	0.34	0.83	0.4	0.68	0.69	0.14	-0.54	0.69	0.72	0.8	0.59	0.65	-0.15
Total Stockholder Equity	0.02	0.37	-0.2		0.24	0.37	-0.63	-0.21	0.36	-0.16	0.05	0.14	0.04	-0.48	-0.18	0.4	0.43	0.16	-0.17	0.47	-0.23	0.06	-0.21	-0.47	-0.22	-0.21
Other Liab	0.19	0.48	0.11	0.24		0.03	-0.02	0.16	0.19	-0.02	-0.06	0.13	0.06	0.27	0.13	0.12	0.11	0.31	-0.16	0.27	0.23	0.03	-0.01	-0.13	0.05	-0.34
Retained Earnings	-0.75	0.15	-0.75	0.37	0.03		-0.51	-0.56	-0.63	-0.59	-0.02	0.52	-0.2	-0.44	-0.8	-0.22	-0.57	-0.59	-0.55	0.89	-0.71	-0.77	-0.68	-0.67	-0.81	-0.25
Accounts Payable	0.52	-0.23	0.56	-0.63	-0.02	-0.51		0.11	0.21	0.54	0.21	-0.02	0.38	0.52	0.63	0.06	-0.03	0.51	0.16	-0.32	0.17	0.14	0.25	0.25	0.19	0.21
Cash	0.39	0.08	0.52	-0.21	0.16	-0.56	0.11		0.27	0.13	-0.33	0.0	-0.26	0.07	0.43	0.08	0.42	0.18	0.0	-0.59	0.78	0.47	0.55	0.79	0.65	-0.13
Other Assets	0.84	0.36	0.74	0.36	0.19	-0.63	0.21	0.27		0.47	0.41	-0.18	0.48	0.13	0.75	0.64	0.85	0.83	0.22	-0.32	0.41	0.69	0.54	0.24	0.51	-0.08
Long Term Debt	0.8	-0.18	0.38	-0.16	-0.02	-0.59	0.54	0.13	0.47		0.21	-0.2	0.26	0.35	0.81	0.44	0.37	0.74	0.44	-0.35	0.19	0.34	-0.02	0.04	0.15	0.55
Net Receivables	0.31	0.55	0.31	0.05	-0.06	-0.02	0.21	-0.33	0.41	0.21		0.17	0.68	-0.04	0.3	0.51	0.05	0.39	-0.19	0.29	-0.24	-0.11	0.07	-0.12	-0.17	-0.23
Short Term Investments	-0.09	0.53	0.02	0.14	0.13	0.52	-0.02	0.0	-0.18	-0.2	0.17		0.16	-0.14	-0.08	0.22	-0.04	-0.01	-0.85	0.6	-0.26	-0.39	-0.26	-0.21	-0.57	-0.59
Inventory	0.46	0.47	0.43	0.04	0.06	-0.2	0.38	-0.26	0.48	0.26	0.68	0.16		0.15	0.44	0.69	0.22	0.6	-0.23	0.08	-0.2	0.0	0.07	0.02	-0.16	-0.28
Other Current Assets	0.33	-0.04	0.34	-0.48	0.27	-0.44	0.52	0.07	0.13	0.35	-0.04	-0.14	0.15		0.42	-0.22	0.07	0.31	0.24	-0.34	0.26	0.22	0.22	0.28	0.22	0.12
Total Liab	0.98	0.15	0.83	-0.18	0.13	-0.8	0.63	0.43	0.75	0.81	0.3	-0.08	0.44	0.42		0.57	0.66	0.89	0.31	-0.52	0.54	0.6	0.46	0.4	0.48	0.19
Intangible Assets	0.66	0.53	0.4	0.4	0.12	-0.22	0.06	0.08	0.64	0.44	0.51	0.22	0.69	-0.22	0.57		0.58	0.73	-0.17	0.04	0.03	0.16	0.04	-0.02	-0.06	-0.15
Common Stock	0.75	0.33	0.68	0.43	0.11	-0.57	-0.03	0.42	0.85	0.37	0.05	-0.04	0.22	0.07	0.66	0.58		0.67	0.22	-0.42	0.57	0.8	0.56	0.28	0.53	-0.05
Property Plant Equipment	0.95	0.29	0.69	0.16	0.31	-0.59	0.51	0.18	0.83	0.74	0.39	-0.01	0.6	0.31	0.89	0.73	0.67		0.16	-0.21	0.27	0.45	0.25	0.09	0.23	0.06
Good Will	0.3	-0.55	0.14	-0.17	-0.16	-0.55	0.16	0.0	0.22	0.44	-0.19	-0.85	-0.23	0.24	0.31	-0.17	0.22	0.16		-0.62	0.41	0.53	0.29	0.12	0.58	0.83
Net Tangible Assets	-0.44	0.39	-0.54	0.47	0.27	0.89	-0.32	-0.59	-0.32	-0.35	0.29	0.6	0.08	-0.34	-0.52	0.04	-0.42	-0.21	-0.62		-0.72	-0.7	-0.67	-0.77	-0.82	-0.37
Deferred Long Term Liab	0.5	0.1	0.69	-0.23	0.23	-0.71	0.17	0.78	0.41	0.19	-0.24	-0.26	-0.2	0.26	0.54	0.03	0.57	0.27	0.41	-0.72		0.78	0.81	0.69	0.89	0.09
Long Term Investments	0.61	0.01	0.72	0.06	0.03	-0.77	0.14	0.47	0.69	0.34	-0.11	-0.39	0.0	0.22	0.6	0.16	0.8	0.45	0.53	-0.7	0.78		0.77	0.44	0.84	0.12
Short Long Term Debt	0.42	0.18	0.8	-0.21	-0.01	-0.68	0.25	0.55	0.54	-0.02	0.07	-0.26	0.07	0.22	0.46	0.04	0.56	0.25	0.29	-0.67	0.81	0.77		0.7	0.89	-0.13
Total Current Assets	0.3	0.02	0.59	-0.47	-0.13	-0.67	0.25	0.79	0.24	0.04	-0.12	-0.21	0.02	0.28	0.4	-0.02	0.28	0.09	0.12	-0.77	0.69	0.44	0.7		0.7	-0.08
Short Term Debt	0.44	-0.09	0.65	-0.22	0.05	-0.81	0.19	0.65	0.51	0.15	-0.17	-0.57	-0.16	0.22	0.48	-0.06	0.53	0.23	0.58	-0.82	0.89	0.84	0.89	0.7		0.15
Non Current Assets Total	0.17	-0.71	-0.15	-0.21	-0.34	-0.25	0.21	-0.13	-0.08	0.55	-0.23	-0.59	-0.28	0.12	0.19	-0.15	-0.05	0.06	0.83	-0.37	0.09	0.12	-0.13	-0.08	0.15

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Datang HuaYin Account Relationship Matchups

Datang HuaYin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.4B	18.1B	19.8B	21.5B	24.1B	15.7B
Other Current Liab	2.2B	2.6B	1.9B	507.4M	190.7M	181.1M
Total Current Liabilities	11.0B	8.2B	11.6B	9.3B	9.6B	5.7B
Total Stockholder Equity	3.1B	3.0B	532.9M	1.4B	1.7B	1.9B
Other Liab	402.7M	433.1M	1.7B	267.2M	307.2M	424.2M
Retained Earnings	(3.6B)	(3.6B)	(5.9B)	(5.9B)	(6.1B)	(5.8B)
Accounts Payable	1.5B	734.0M	1.8B	1.7B	1.8B	1.2B
Cash	892.7M	1.4B	1.0B	2.0B	730.6M	713.9M
Other Assets	401.2M	475.6M	345.7M	341.9M	393.2M	354.6M
Long Term Debt	5.1B	5.2B	6.1B	9.7B	12.2B	6.6B
Net Receivables	3.1B	1.8B	2.4B	1.3B	1.8B	1.9B
Inventory	889.1M	565.1M	1.1B	542.3M	578.6M	715.8M
Other Current Assets	255.8M	356.9M	612.8M	291.0M	556.7M	351.5M
Total Liab	16.4B	15.1B	19.2B	20.0B	22.2B	12.9B
Intangible Assets	817.5M	817.8M	973.8M	822.3M	757.2M	617.1M
Property Plant Equipment	11.8B	11.8B	11.1B	11.8B	13.6B	9.6B
Net Tangible Assets	2.2B	2.3B	2.2B	(432.4M)	(389.2M)	(369.7M)
Deferred Long Term Liab	29.1M	74.0M	123.4M	100.0M	115.0M	59.0M
Short Long Term Debt	5.1B	3.7B	5.3B	3.3B	3.8B	3.6B
Total Current Assets	5.1B	4.6B	5.9B	5.9B	4.5B	5.1B
Non Current Assets Total	14.2B	13.4B	14.0B	15.5B	19.6B	16.6B
Non Currrent Assets Other	392.7M	211.9M	234.0M	775.8M	2.5B	2.6B
Non Current Liabilities Total	5.5B	6.9B	7.6B	10.7B	12.6B	9.4B
Non Current Liabilities Other	39.5M	14.6M	33.6M	24.7M	6.5M	6.1M
Net Debt	8.4B	7.5B	10.4B	11.0B	15.3B	10.8B
Net Invested Capital	12.4B	11.9B	12.0B	14.4B	17.8B	14.3B
Net Working Capital	(5.9B)	(3.6B)	(5.7B)	(3.3B)	(5.1B)	(5.4B)

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Other Information on Investing in Datang Stock

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

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Datang Long Term Investments vs Total Assets Analysis

Long Term Investments vs Total Assets

Long Term Investments vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Investments

Total Assets

Datang HuaYin fundamental ratios Correlations

Datang HuaYin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Datang HuaYin fundamental ratios Accounts

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Other Information on Investing in Datang Stock

COMMON DESTINATIONS

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Total Liab	+ 0.98	Total Assets
Property Plant Equipment	+ 0.95	Total Assets
Net Tangible Assets	+ 0.89	Retained Earnings
Property Plant Equipment	+ 0.89	Total Liab
Short Term Debt	+ 0.89	Deferred Long Term Liab
Short Term Debt	+ 0.89	Short Long Term Debt

Good Will	- 0.85	Short Term Investments
Short Term Debt	- 0.82	Net Tangible Assets
Short Term Debt	- 0.81	Retained Earnings
Total Liab	- 0.8	Retained Earnings
Total Current Assets	- 0.77	Net Tangible Assets
Long Term Investments	- 0.77	Retained Earnings