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 Total Assets and its Common Stock 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.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Harbin Hatou Investment Total Assets account and
Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Harbin Hatou's Total Assets and Common Stock is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock 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 Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Harbin Hatou Investment are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Harbin Hatou's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Harbin Hatou 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 Harbin Hatou Investment 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.
Common Stock
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).
Harbin Hatou fundamental ratios Correlations
Click cells to compare fundamentals
Harbin Hatou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Harbin Hatou fundamental ratios Accounts
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.