Huitong Intangible Assets vs Common Stock Shares Outstanding Analysis

603176 Stock   5.02  0.02  0.40%   
Huitong Construction financial indicator trend analysis is much more than just examining Huitong Construction latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huitong Construction is a good investment. Please check the relationship between Huitong Construction Intangible Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huitong Construction Group. 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 Common Stock Shares Outstanding

Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huitong Construction Intangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Huitong Construction's Intangible Assets and Common Stock Shares Outstanding is 0.91. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Huitong Construction Group, assuming nothing else is changed. The correlation between historical values of Huitong Construction's Intangible Assets and Common Stock Shares Outstanding 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 Huitong Construction Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Intangible Assets i.e., Huitong Construction's Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

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

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Huitong Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huitong Construction 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 Huitong Construction Group. 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 March 11, 2025, Tax Provision is expected to decline to about 60.8 M. In addition to that, Selling General Administrative is expected to decline to about 27.4 M
 2022 2023 2024 2025 (projected)
Interest Expense48.4M73.2M84.2M54.5M
Interest Income2.2M6.8M7.8M8.2M

Huitong Construction fundamental ratios Correlations

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-0.97-0.93-0.89-0.96-0.64-0.98-0.95-0.87-0.98-0.91-0.95-0.74-0.92-0.960.83-0.97-0.96-0.98-0.94-0.92-0.95-0.96-0.770.92-0.9
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0.920.890.880.920.570.920.90.830.910.950.990.730.910.99-0.80.910.910.92-0.960.90.910.980.74-0.980.86
0.720.550.60.660.960.710.790.440.850.780.720.70.640.72-0.430.640.720.74-0.770.630.640.620.74-0.780.97
-0.86-0.83-0.82-0.88-0.6-0.87-0.85-0.74-0.88-0.96-0.96-0.71-0.89-0.960.76-0.85-0.84-0.870.92-0.83-0.89-0.93-0.98-0.78-0.87
0.870.730.780.810.880.850.910.650.950.850.860.80.790.86-0.580.80.870.88-0.90.80.790.790.860.97-0.87
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Huitong Construction Account Relationship Matchups

Huitong Construction fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.3B3.6B5.3B5.5B6.3B4.6B
Other Current Liab100.5M160.2M213.5M192.2M221.0M161.9M
Total Current Liabilities2.4B2.3B3.0B2.7B3.1B2.8B
Total Stockholder Equity732.9M955.0M1.1B1.1B1.3B990.0M
Net Debt510.9M415.4M329.6M976.2M1.1B618.8M
Retained Earnings113.5M191.8M247.1M288.5M331.8M205.7M
Accounts Payable1.4B1.3B1.7B1.7B1.9B1.6B
Cash390.6M619.0M1.4B971.4M1.1B829.3M
Non Current Assets Total956.0M1.1B1.3B1.7B2.0B1.3B
Non Currrent Assets Other39.3M40.7M17.7M88.0M101.2M106.2M
Long Term Debt176.9M339.1M1.2B1.6B1.8B1.9B
Net Receivables885.3M1.1B1.4B1.4B1.6B1.3B
Non Current Liabilities Total179.0M341.1M1.2B1.6B1.8B1.9B
Inventory42.3M42.9M52.9M41.2M37.1M35.2M
Other Current Assets117.7M133.4M194.6M197.1M226.7M157.3M
Total Liab2.6B2.7B4.2B4.3B4.9B3.6B
Net Invested Capital1.6B2.0B2.8B3.1B3.5B2.4B
Short Long Term Debt724.7M695.3M550.6M365.9M329.3M503.6M
Total Current Assets2.4B2.6B4.1B3.7B4.3B3.3B
Net Working Capital(20.9M)246.5M1.0B1.0B1.2B1.2B
Intangible Assets182.2M338.8M585.6M876.6M1.0B1.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Huitong Stock

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