Hainan Change To Inventory vs Free Cash Flow Analysis

601969 Stock

6.85 0.27 3.79%

Hainan Mining financial indicator trend analysis is much more than just examining Hainan Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Mining is a good investment. Please check the relationship between Hainan Mining Change To Inventory and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Mining 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.

Change To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Mining Change To Inventory account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hainan Mining's Change To Inventory and Free Cash Flow is -0.48. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Hainan Mining Co, assuming nothing else is changed. The correlation between historical values of Hainan Mining's Change To Inventory and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Hainan Mining Co are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Inventory i.e., Hainan Mining's Change To Inventory and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Hainan Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Mining 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 Hainan Mining 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 207.3 M, whereas Selling General Administrative is forecasted to decline to about 73.8 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	129.7M	86.8M	99.8M	84.0M
Gross Profit	2.0B	1.4B	1.5B	884.8M

Other Operating Expenses Gross Profit

Hainan Mining 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	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.34	0.96	0.91	0.66	-0.42	-0.13	0.88	0.5	0.26	-0.83	0.62	-0.14	-0.05	0.98	0.53	0.9	0.91	0.79	-0.52	0.41	0.89	0.84	0.58	0.89	0.74
Other Current Liab	0.34		0.27	0.22	0.21	-0.15	-0.22	0.37	-0.23	0.5	-0.35	0.25	0.26	0.11	0.32	-0.37	-0.02	0.28	0.07	-0.33	0.45	0.29	0.18	0.59	0.35	0.19
Total Current Liabilities	0.96	0.27		0.86	0.64	-0.54	-0.03	0.82	0.51	0.22	-0.84	0.65	-0.15	0.1	0.97	0.53	0.92	0.93	0.75	-0.47	0.32	0.88	0.73	0.49	0.81	0.78
Total Stockholder Equity	0.91	0.22	0.86		0.43	-0.1	-0.15	0.87	0.58	0.0	-0.58	0.39	-0.09	0.03	0.81	0.63	0.89	0.71	0.88	-0.34	0.23	0.87	0.69	0.38	0.66	0.67
Other Liab	0.66	0.21	0.64	0.43		-0.54	0.07	0.54	0.28	0.29	-0.65	0.51	-0.01	-0.4	0.74	0.34	0.54	0.81	0.59	-0.44	0.23	0.61	0.68	0.46	0.81	0.59
Retained Earnings	-0.42	-0.15	-0.54	-0.1	-0.54		-0.15	-0.18	0.11	-0.57	0.77	-0.71	0.06	-0.36	-0.55	0.03	-0.43	-0.71	0.01	0.41	-0.17	-0.27	-0.27	-0.3	-0.54	-0.44
Accounts Payable	-0.13	-0.22	-0.03	-0.15	0.07	-0.15		-0.25	0.2	-0.27	0.03	0.02	0.46	0.16	-0.06	0.0	-0.04	-0.06	-0.09	0.27	-0.17	-0.11	-0.19	-0.08	-0.18	-0.08
Cash	0.88	0.37	0.82	0.87	0.54	-0.18	-0.25		0.38	0.18	-0.64	0.5	-0.32	-0.09	0.83	0.39	0.74	0.7	0.84	-0.51	0.16	0.94	0.61	0.4	0.72	0.82
Other Assets	0.5	-0.23	0.51	0.58	0.28	0.11	0.2	0.38		-0.49	-0.22	0.0	-0.08	-0.26	0.46	0.63	0.61	0.36	0.65	0.16	0.05	0.51	0.56	0.35	0.33	0.37
Long Term Debt	0.26	0.5	0.22	0.0	0.29	-0.57	-0.27	0.18	-0.49		-0.45	0.65	0.01	0.2	0.32	-0.4	0.03	0.38	-0.17	-0.27	0.32	0.13	0.18	0.48	0.47	0.1
Net Receivables	-0.83	-0.35	-0.84	-0.58	-0.65	0.77	0.03	-0.64	-0.22	-0.45		-0.73	0.19	-0.15	-0.88	-0.2	-0.74	-0.9	-0.4	0.7	-0.48	-0.68	-0.68	-0.56	-0.87	-0.69
Short Term Investments	0.62	0.25	0.65	0.39	0.51	-0.71	0.02	0.5	0.0	0.65	-0.73		-0.03	0.11	0.69	-0.06	0.5	0.68	0.24	-0.47	0.04	0.61	0.38	0.46	0.71	0.65
Inventory	-0.14	0.26	-0.15	-0.09	-0.01	0.06	0.46	-0.32	-0.08	0.01	0.19	-0.03		0.05	-0.18	-0.08	-0.15	-0.09	-0.19	0.36	0.03	-0.26	-0.08	0.15	-0.12	-0.35
Other Current Assets	-0.05	0.11	0.1	0.03	-0.4	-0.36	0.16	-0.09	-0.26	0.2	-0.15	0.11	0.05		-0.06	-0.22	0.07	0.03	-0.27	0.04	-0.06	-0.1	-0.39	-0.15	-0.23	0.02
Total Liab	0.98	0.32	0.97	0.81	0.74	-0.55	-0.06	0.83	0.46	0.32	-0.88	0.69	-0.18	-0.06		0.48	0.87	0.94	0.74	-0.54	0.41	0.88	0.81	0.57	0.91	0.76
Intangible Assets	0.53	-0.37	0.53	0.63	0.34	0.03	0.0	0.39	0.63	-0.4	-0.2	-0.06	-0.08	-0.22	0.48		0.74	0.46	0.69	0.03	0.13	0.37	0.63	-0.02	0.3	0.2
Common Stock	0.9	-0.02	0.92	0.89	0.54	-0.43	-0.04	0.74	0.61	0.03	-0.74	0.5	-0.15	0.07	0.87	0.74		0.85	0.77	-0.36	0.22	0.77	0.76	0.34	0.73	0.68
Property Plant Equipment	0.91	0.28	0.93	0.71	0.81	-0.71	-0.06	0.7	0.36	0.38	-0.9	0.68	-0.09	0.03	0.94	0.46	0.85		0.64	-0.52	0.36	0.76	0.77	0.54	0.89	0.72
Net Tangible Assets	0.79	0.07	0.75	0.88	0.59	0.01	-0.09	0.84	0.65	-0.17	-0.4	0.24	-0.19	-0.27	0.74	0.69	0.77	0.64		-0.24	0.04	0.86	0.63	0.23	0.58	0.69
Other Stockholder Equity	-0.52	-0.33	-0.47	-0.34	-0.44	0.41	0.27	-0.51	0.16	-0.27	0.7	-0.47	0.36	0.04	-0.54	0.03	-0.36	-0.52	-0.24		-0.38	-0.51	-0.37	-0.11	-0.61	-0.59
Long Term Investments	0.41	0.45	0.32	0.23	0.23	-0.17	-0.17	0.16	0.05	0.32	-0.48	0.04	0.03	-0.06	0.41	0.13	0.22	0.36	0.04	-0.38		0.08	0.6	0.52	0.48	-0.13
Total Current Assets	0.89	0.29	0.88	0.87	0.61	-0.27	-0.11	0.94	0.51	0.13	-0.68	0.61	-0.26	-0.1	0.88	0.37	0.77	0.76	0.86	-0.51	0.08		0.6	0.42	0.76	0.91
Non Current Assets Total	0.84	0.18	0.73	0.69	0.68	-0.27	-0.19	0.61	0.56	0.18	-0.68	0.38	-0.08	-0.39	0.81	0.63	0.76	0.77	0.63	-0.37	0.6	0.6		0.67	0.86	0.39
Non Currrent Assets Other	0.58	0.59	0.49	0.38	0.46	-0.3	-0.08	0.4	0.35	0.48	-0.56	0.46	0.15	-0.15	0.57	-0.02	0.34	0.54	0.23	-0.11	0.52	0.42	0.67		0.68	0.24
Non Current Liabilities Total	0.89	0.35	0.81	0.66	0.81	-0.54	-0.18	0.72	0.33	0.47	-0.87	0.71	-0.12	-0.23	0.91	0.3	0.73	0.89	0.58	-0.61	0.48	0.76	0.86	0.68		0.66
Short Long Term Debt	0.74	0.19	0.78	0.67	0.59	-0.44	-0.08	0.82	0.37	0.1	-0.69	0.65	-0.35	0.02	0.76	0.2	0.68	0.72	0.69	-0.59	-0.13	0.91	0.39	0.24	0.66

Click cells to compare fundamentals

Hainan Mining Account Relationship Matchups

Hainan Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6B	8.5B	10.9B	11.9B	12.2B	8.4B
Other Current Liab	620.0M	753.6M	784.1M	1.2B	244.7M	232.5M
Total Current Liabilities	2.3B	2.5B	2.9B	3.3B	3.6B	2.2B
Total Stockholder Equity	3.9B	4.0B	5.6B	6.3B	6.7B	4.9B
Other Liab	678.4M	544.0M	757.9M	667.3M	767.4M	480.6M
Retained Earnings	(1.2B)	(1.0B)	(139.0M)	475.3M	384.2M	403.4M
Accounts Payable	188.1M	78.2M	65.8M	127.6M	121.8M	128.1M
Cash	1.3B	2.0B	3.3B	3.7B	3.2B	2.1B
Other Assets	259.9M	180.3M	129.3M	741.9M	853.2M	895.8M
Long Term Debt	697.3M	417.6M	553.9M	435.9M	218M	207.1M
Net Receivables	389.7M	194.4M	260.3M	403.5M	494.1M	531.6M
Short Term Investments	450.1M	259.4M	412.0M	237.3M	118.9M	237.5M
Inventory	509.2M	223.8M	322.7M	409.1M	296.5M	308.4M
Other Current Assets	155.3M	212.2M	110.3M	140.4M	33.0M	31.4M
Total Liab	3.5B	3.5B	4.3B	4.6B	4.8B	3.1B
Intangible Assets	634.2M	607.4M	580.5M	648.4M	1.5B	766.5M
Property Plant Equipment	4.5B	4.1B	4.6B	4.5B	5.2B	3.2B
Net Tangible Assets	3.3B	3.4B	5.0B	5.7B	6.5B	4.6B
Other Stockholder Equity	40.3M	(69.9M)	(84.7M)	10.7M	9.6M	10.1M
Total Current Assets	2.8B	3.4B	5.5B	5.9B	5.1B	4.4B
Non Current Assets Total	5.9B	5.1B	5.4B	6.0B	7.1B	5.5B
Non Currrent Assets Other	829.0M	542.4M	473.6M	968.6M	451.0M	595.1M
Non Current Liabilities Total	1.2B	961.6M	1.4B	1.2B	1.1B	1.0B
Short Long Term Debt	879.4M	1.2B	1.4B	1.3B	1.2B	1.3B
Net Invested Capital	5.3B	5.6B	7.5B	8.1B	8.1B	7.4B
Net Working Capital	447.1M	920.3M	2.6B	2.6B	1.4B	1.8B

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

Other Information on Investing in Hainan Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hainan Change To Inventory vs Free Cash Flow Analysis

Change To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change To Inventory

Free Cash Flow

Hainan Mining fundamental ratios Correlations

Hainan Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hainan Mining fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Hainan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Total Current Liabilities	+ 0.96	Total Assets
Total Current Assets	+ 0.94	Cash
Property Plant Equipment	+ 0.94	Total Liab
Property Plant Equipment	+ 0.93	Total Current Liabilities

Property Plant Equipment	- 0.9	Net Receivables
Total Liab	- 0.88	Net Receivables
Non Current Liabilities Total	- 0.87	Net Receivables
Net Receivables	- 0.84	Total Current Liabilities
Net Receivables	- 0.83	Total Assets
Common Stock	- 0.74	Net Receivables