Hainan Intangible Assets vs Total Stockholder Equity Analysis

603069 Stock   19.16  0.24  1.24%   
Hainan Haiqi financial indicator trend analysis is much more than just examining Hainan Haiqi Transpo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Haiqi Transpo is a good investment. Please check the relationship between Hainan Haiqi Intangible Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Haiqi Transportation. 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.

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Haiqi Transpo Intangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hainan Haiqi's Intangible Assets and Total Stockholder Equity is 0.71. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Hainan Haiqi Transportation, assuming nothing else is changed. The correlation between historical values of Hainan Haiqi's Intangible Assets and Total 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 Intangible Assets of Hainan Haiqi Transportation are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., Hainan Haiqi's Intangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Hainan Haiqi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Haiqi Transpo 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 Haiqi Transportation. 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.
As of November 27, 2024, Selling General Administrative is expected to decline to about 29.1 M. In addition to that, Tax Provision is expected to decline to about 4.8 M
 2021 2023 2024 (projected)
Minority Interest896.3K732.2K695.6K
Income Tax Expense14.2M12.8M18.6M

Hainan Haiqi fundamental ratios Correlations

-0.7-0.030.650.860.390.670.38-0.110.59-0.08-0.20.610.30.570.50.910.880.79-0.880.350.9-0.830.83-0.820.92
-0.70.54-0.69-0.72-0.55-0.65-0.470.39-0.590.52-0.05-0.58-0.13-0.16-0.79-0.77-0.57-0.680.78-0.17-0.730.73-0.730.7-0.77
-0.030.54-0.62-0.36-0.680.14-0.390.150.040.78-0.270.170.120.64-0.68-0.320.02-0.40.38-0.09-0.340.45-0.110.44-0.18
0.65-0.69-0.620.810.930.20.780.140.01-0.690.230.24-0.15-0.250.710.870.450.94-0.760.470.87-0.910.63-0.930.62
0.86-0.72-0.360.810.620.370.45-0.010.32-0.4-0.170.370.110.220.630.90.820.79-0.940.390.95-0.890.61-0.890.88
0.39-0.55-0.680.930.620.010.820.3-0.23-0.750.350.09-0.34-0.510.670.650.140.81-0.510.530.66-0.720.44-0.740.4
0.67-0.650.140.20.370.010.18-0.270.810.02-0.240.930.150.640.250.50.540.44-0.50.180.45-0.450.65-0.350.7
0.38-0.47-0.390.780.450.820.180.31-0.21-0.670.30.27-0.46-0.360.440.610.010.76-0.330.470.53-0.560.59-0.650.25
-0.110.390.150.14-0.010.3-0.270.31-0.57-0.08-0.07-0.19-0.58-0.3-0.26-0.08-0.280.150.220.48-0.010.01-0.27-0.01-0.1
0.59-0.590.040.010.32-0.230.81-0.21-0.570.24-0.40.630.560.740.280.360.610.19-0.51-0.050.34-0.310.52-0.210.66
-0.080.520.78-0.69-0.4-0.750.02-0.67-0.080.24-0.37-0.10.490.64-0.51-0.450.01-0.530.38-0.21-0.430.52-0.160.54-0.18
-0.2-0.05-0.270.23-0.170.35-0.240.3-0.07-0.4-0.37-0.21-0.26-0.490.230.03-0.350.10.17-0.2-0.03-0.040.13-0.08-0.31
0.61-0.580.170.240.370.090.930.27-0.190.63-0.1-0.210.020.530.180.490.510.47-0.480.380.47-0.460.57-0.360.65
0.3-0.130.12-0.150.11-0.340.15-0.46-0.580.560.49-0.260.020.54-0.050.110.46-0.07-0.26-0.090.12-0.050.25-0.040.24
0.57-0.160.64-0.250.22-0.510.64-0.36-0.30.740.64-0.490.530.54-0.130.220.64-0.01-0.3-0.070.21-0.080.39-0.040.5
0.5-0.79-0.680.710.630.670.250.44-0.260.28-0.510.230.18-0.05-0.130.630.350.57-0.620.080.61-0.620.57-0.620.55
0.91-0.77-0.320.870.90.650.50.61-0.080.36-0.450.030.490.110.220.630.770.92-0.920.340.97-0.950.82-0.970.83
0.88-0.570.020.450.820.140.540.01-0.280.610.01-0.350.510.460.640.350.770.56-0.90.20.82-0.730.56-0.690.88
0.79-0.68-0.40.940.790.810.440.760.150.19-0.530.10.47-0.07-0.010.570.920.56-0.790.550.91-0.940.75-0.950.72
-0.880.780.38-0.76-0.94-0.51-0.5-0.330.22-0.510.380.17-0.48-0.26-0.3-0.62-0.92-0.9-0.79-0.3-0.950.93-0.650.9-0.91
0.35-0.17-0.090.470.390.530.180.470.48-0.05-0.21-0.20.38-0.09-0.070.080.340.20.55-0.30.45-0.450.23-0.370.4
0.9-0.73-0.340.870.950.660.450.53-0.010.34-0.43-0.030.470.120.210.610.970.820.91-0.950.45-0.970.72-0.960.88
-0.830.730.45-0.91-0.89-0.72-0.45-0.560.01-0.310.52-0.04-0.46-0.05-0.08-0.62-0.95-0.73-0.940.93-0.45-0.97-0.680.97-0.83
0.83-0.73-0.110.630.610.440.650.59-0.270.52-0.160.130.570.250.390.570.820.560.75-0.650.230.72-0.68-0.720.66
-0.820.70.44-0.93-0.89-0.74-0.35-0.65-0.01-0.210.54-0.08-0.36-0.04-0.04-0.62-0.97-0.69-0.950.9-0.37-0.960.97-0.72-0.75
0.92-0.77-0.180.620.880.40.70.25-0.10.66-0.18-0.310.650.240.50.550.830.880.72-0.910.40.88-0.830.66-0.75
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Hainan Haiqi Account Relationship Matchups

Hainan Haiqi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B1.9B1.9B2.1B2.6B2.0B
Other Current Liab431.6M328.1M304.2M275.5M8.8M8.3M
Total Current Liabilities754.4M666.7M659.9M537.6M944.3M587.9M
Total Stockholder Equity1.1B1.0B940.4M979.6M908.9M929.3M
Other Liab122.3M142.6M143.0M150.9M173.5M97.4M
Retained Earnings428.5M308.9M237.1M243.6M174.5M263.1M
Accounts Payable187.4M220.0M164.6M120.8M470.4M493.9M
Cash411.2M351.6M244.0M181.9M333.3M335.2M
Other Assets159.4M304.9M277.4M26.5M30.4M28.9M
Long Term Debt10.0M100.1M100.2M402.6M576.0M604.8M
Net Receivables157.5M69.8M90.1M175.9M186.5M112.8M
Inventory17.7M23.0M23.3M2.2M46.1M48.4M
Other Current Assets25.4M7.8M68.7M178.3M121.0M74.8M
Total Liab890.1M902.6M915.0M1.1B1.7B1.1B
Intangible Assets233.6M219.0M226.4M261.6M251.9M246.5M
Property Plant Equipment892.3M931.0M1.1B1.1B1.2B900.9M
Net Tangible Assets917.8M800.7M708.7M716.8M824.3M842.8M
Other Stockholder Equity23.5M22.7M20.0M14.5M13.0M19.4M
Deferred Long Term Liab33.3M25.0M19.2M11.6M13.3M18.3M
Total Current Assets612.0M505.9M495.6M633.6M882.8M692.3M
Non Current Assets Total1.5B1.4B1.4B1.4B1.7B1.5B
Non Currrent Assets Other1.5M1.8M5.3M3.7M1.0M985.8K
Non Current Liabilities Total142.6M242.3M255.1M547.2M724.7M760.9M
Net Invested Capital1.1B1.1B1.0B1.4B1.5B1.3B
Net Working Capital(141.6M)(154.7M)(164.3M)96.0M(61.5M)(64.6M)

Currently Active Assets on Macroaxis

Other Information on Investing in Hainan Stock

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