Harbin Good Will vs Other Stockholder Equity Analysis

600864 Stock   6.48  0.01  0.15%   
Harbin Hatou financial indicator trend analysis is much more than just examining Harbin Hatou Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harbin Hatou Investment is a good investment. Please check the relationship between Harbin Hatou Good Will and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Harbin Hatou Investment. 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.

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harbin Hatou Investment Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Harbin Hatou's Good Will and Other Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Harbin Hatou Investment, assuming nothing else is changed. The correlation between historical values of Harbin Hatou's Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Harbin Hatou Investment are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., Harbin Hatou's Good Will and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Stockholder Equity

Most indicators from Harbin Hatou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harbin Hatou Investment 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 Hatou Investment. 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.
At present, Harbin Hatou's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 62.8 M, whereas Discontinued Operations is forecasted to decline to (188.2 K).
 2021 2023 2024 (projected)
Minority Interest10.2M67.0M63.6M
Income Tax Expense41.5M47.7M81.3M

Harbin Hatou fundamental ratios Correlations

0.10.980.960.70.380.84-0.40.80.540.630.920.990.910.930.820.630.810.92-0.77-0.830.860.920.480.86-0.55
0.10.010.190.68-0.180.120.080.210.46-0.120.150.05-0.170.03-0.10.38-0.170.060.170.09-0.010.08-0.63-0.090.0
0.980.010.910.640.410.86-0.390.710.520.60.910.990.90.880.80.560.780.86-0.73-0.790.830.880.520.86-0.52
0.960.190.910.750.330.81-0.390.760.470.670.90.930.880.970.830.540.80.97-0.79-0.810.840.910.440.79-0.63
0.70.680.640.750.130.71-0.360.530.620.30.740.640.490.570.470.540.380.61-0.34-0.370.460.57-0.120.43-0.38
0.38-0.180.410.330.130.280.260.18-0.090.50.240.40.480.380.670.040.460.26-0.39-0.340.340.290.540.49-0.04
0.840.120.860.810.710.28-0.410.470.360.550.90.810.840.710.750.310.630.7-0.65-0.580.620.630.410.58-0.41
-0.40.08-0.39-0.39-0.360.26-0.41-0.27-0.450.11-0.46-0.38-0.36-0.26-0.07-0.29-0.18-0.350.140.2-0.23-0.340.03-0.230.35
0.80.210.710.760.530.180.47-0.270.530.450.650.820.630.770.570.850.720.78-0.63-0.760.790.840.240.76-0.35
0.540.460.520.470.62-0.090.36-0.450.53-0.240.580.540.20.360.040.760.050.40.1-0.240.260.51-0.370.32-0.47
0.63-0.120.60.670.30.50.550.110.45-0.240.450.610.770.740.870.120.760.66-0.91-0.80.730.570.810.62-0.18
0.920.150.910.90.740.240.9-0.460.650.580.450.90.820.830.690.460.710.85-0.61-0.630.660.780.30.73-0.55
0.990.050.990.930.640.40.81-0.380.820.540.610.90.90.910.80.660.810.89-0.75-0.830.870.920.50.88-0.51
0.91-0.170.90.880.490.480.84-0.360.630.20.770.820.90.90.930.370.840.84-0.87-0.840.820.790.750.78-0.49
0.930.030.880.970.570.380.71-0.260.770.360.740.830.910.90.870.50.850.98-0.85-0.890.880.930.580.82-0.64
0.82-0.10.80.830.470.670.75-0.070.570.040.870.690.80.930.870.280.820.79-0.88-0.790.790.730.770.72-0.43
0.630.380.560.540.540.040.31-0.290.850.760.120.460.660.370.50.280.30.5-0.24-0.550.580.67-0.060.48-0.32
0.81-0.170.780.80.380.460.63-0.180.720.050.760.710.810.840.850.820.30.84-0.91-0.760.830.770.660.91-0.26
0.920.060.860.970.610.260.7-0.350.780.40.660.850.890.840.980.790.50.84-0.83-0.830.880.940.490.82-0.66
-0.770.17-0.73-0.79-0.34-0.39-0.650.14-0.630.1-0.91-0.61-0.75-0.87-0.85-0.88-0.24-0.91-0.830.84-0.88-0.76-0.79-0.770.32
-0.830.09-0.79-0.81-0.37-0.34-0.580.2-0.76-0.24-0.8-0.63-0.83-0.84-0.89-0.79-0.55-0.76-0.830.84-0.88-0.83-0.67-0.770.39
0.86-0.010.830.840.460.340.62-0.230.790.260.730.660.870.820.880.790.580.830.88-0.88-0.880.940.610.84-0.44
0.920.080.880.910.570.290.63-0.340.840.510.570.780.920.790.930.730.670.770.94-0.76-0.830.940.460.84-0.65
0.48-0.630.520.44-0.120.540.410.030.24-0.370.810.30.50.750.580.77-0.060.660.49-0.79-0.670.610.460.54-0.24
0.86-0.090.860.790.430.490.58-0.230.760.320.620.730.880.780.820.720.480.910.82-0.77-0.770.840.840.54-0.26
-0.550.0-0.52-0.63-0.38-0.04-0.410.35-0.35-0.47-0.18-0.55-0.51-0.49-0.64-0.43-0.32-0.26-0.660.320.39-0.44-0.65-0.24-0.26
Click cells to compare fundamentals

Harbin Hatou Account Relationship Matchups

Harbin Hatou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.4B34.1B37.1B34.3B39.4B41.4B
Other Current Liab758.4M979.8M786.0M786.9M1.9M1.8M
Total Current Liabilities23.6B13.6B19.1B17.8B21.2B22.3B
Total Stockholder Equity13.3B13.6B13.3B11.9B12.4B13.0B
Retained Earnings2.5B2.6B2.8B1.8B1.2B1.3B
Accounts Payable580.9M371.9M419.7M488.1M637.9M669.8M
Cash6.9B7.3B6.9B6.9B6.4B6.8B
Other Assets470.0M656.7M721.6M1.0B904.5M712.5M
Long Term Debt3.4B6.1B3.2B3.2B4.3B4.5B
Net Receivables9.3B216.9M416.3M573.6M616.4M585.6M
Inventory171.6M246.9M368.9M339.0M296.6M311.4M
Other Current Assets3.0B2.3B1.7B1.5B2.0B2.1B
Total Liab27.9B20.4B23.7B22.3B27.0B28.4B
Intangible Assets235.2M236.8M275.0M273.7M353.4M371.0M
Property Plant Equipment2.5B3.0B3.2B3.2B3.7B3.9B
Other Liab5.1B981.4M1.3B1.3B1.6B1.0B
Short Term Investments15.4B19.7B14.0B9.9B17.4B18.3B
Net Tangible Assets13.1B13.5B13.0B11.7B13.4B13.2B
Other Stockholder Equity1.2B1.3B855.5M583.6M525.2M885.0M
Deferred Long Term Liab52.6M47.3M63.1M69.7M80.1M59.2M
Short Long Term Debt986.4M1.6B7.2B7.2B12.0B12.6B
Total Current Assets35.0B28.2B29.3B25.8B32.3B30.1B
Non Current Assets Total6.4B6.1B7.8B8.5B7.1B7.3B
Non Currrent Assets Other(10.6B)138.7M162.4M140.4M158.5M166.5M
Non Current Liabilities Total4.3B7.2B4.6B4.5B5.8B4.7B
Non Current Liabilities Other(6.3B)(2.3B)378.3M405.7M426.5M447.9M
Net Debt3.6B410.0M3.6B3.4B9.8B10.3B
Net Invested Capital17.6B21.3B23.7B22.3B28.7B23.2B
Net Working Capital11.5B14.7B10.2B8.0B11.1B11.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Harbin Stock

Balance Sheet is a snapshot of the financial position of Harbin Hatou Investment at a specified time, usually calculated after every quarter, six months, or one year. Harbin Hatou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Harbin Hatou 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.