Huitong Retained Earnings vs Net Invested Capital Analysis

603176 Stock

5.09 0.09 1.74%

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 Retained Earnings and its Net Invested Capital 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.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huitong Construction Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Huitong Construction's Retained Earnings and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital 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 Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Huitong Construction Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Huitong Construction's Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.

The current year's Tax Provision is expected to grow to about 60.8 M, whereas Selling General Administrative is forecasted to decline to about 27.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	36.8M	48.4M	73.2M	54.5M
Interest Income	1.6M	2.2M	6.8M	7.1M

Interest Expense Interest Income

Huitong Construction fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		0.95	0.92	0.95	0.22	0.97	0.95	0.95	0.94	0.75	0.94	0.69	0.88	0.94	-0.78	0.97	1.0	1.0	-0.96	0.99	0.88	0.97	0.97	0.44	-0.78	0.77
Other Current Liab	0.95		0.86	0.99	0.0	0.98	0.83	0.94	0.88	0.76	0.86	0.51	0.96	0.86	-0.9	0.98	0.92	0.95	-0.91	0.94	0.96	0.93	0.92	0.27	-0.76	0.63
Total Current Liabilities	0.92	0.86		0.84	-0.03	0.83	0.93	0.95	0.76	0.61	0.89	0.67	0.77	0.89	-0.71	0.88	0.93	0.89	-0.83	0.96	0.77	0.94	0.8	0.23	-0.72	0.61
Total Stockholder Equity	0.95	0.99	0.84		0.1	0.99	0.84	0.91	0.92	0.82	0.89	0.51	0.98	0.89	-0.9	0.98	0.92	0.96	-0.94	0.93	0.98	0.94	0.95	0.38	-0.82	0.7
Net Debt	0.22	0.0	-0.03	0.1		0.22	0.29	-0.07	0.48	0.42	0.33	0.33	0.04	0.33	0.03	0.12	0.24	0.27	-0.38	0.1	0.04	0.17	0.37	0.92	-0.32	0.72
Retained Earnings	0.97	0.98	0.83	0.99	0.22		0.86	0.91	0.96	0.81	0.9	0.59	0.95	0.9	-0.85	0.98	0.94	0.98	-0.96	0.94	0.95	0.94	0.98	0.45	-0.8	0.76
Accounts Payable	0.95	0.83	0.93	0.84	0.29	0.86		0.86	0.89	0.76	0.94	0.62	0.73	0.94	-0.74	0.9	0.96	0.92	-0.93	0.94	0.73	0.93	0.89	0.51	-0.77	0.81
Cash	0.95	0.94	0.95	0.91	-0.07	0.91	0.86		0.8	0.57	0.84	0.68	0.86	0.84	-0.73	0.92	0.95	0.93	-0.84	0.98	0.86	0.93	0.87	0.15	-0.66	0.55
Non Current Assets Total	0.94	0.88	0.76	0.92	0.48	0.96	0.89	0.8		0.86	0.92	0.6	0.85	0.92	-0.78	0.92	0.93	0.96	-0.99	0.88	0.85	0.91	0.99	0.67	-0.82	0.9
Non Currrent Assets Other	0.75	0.76	0.61	0.82	0.42	0.81	0.76	0.57	0.86		0.86	0.28	0.79	0.86	-0.84	0.81	0.72	0.77	-0.9	0.67	0.79	0.8	0.81	0.73	-0.92	0.87
Long Term Debt	0.94	0.86	0.89	0.89	0.33	0.9	0.94	0.84	0.92	0.86		0.69	0.86	1.0	-0.74	0.89	0.94	0.94	-0.96	0.91	0.86	0.98	0.91	0.61	-0.93	0.89
Net Receivables	0.69	0.51	0.67	0.51	0.33	0.59	0.62	0.68	0.6	0.28	0.69		0.52	0.69	-0.12	0.49	0.72	0.7	-0.58	0.7	0.52	0.69	0.63	0.37	-0.53	0.6
Common Stock Shares Outstanding	0.88	0.96	0.77	0.98	0.04	0.95	0.73	0.86	0.85	0.79	0.86	0.52		0.86	-0.85	0.92	0.84	0.9	-0.88	0.87	1.0	0.91	0.89	0.32	-0.84	0.65
Non Current Liabilities Total	0.94	0.86	0.89	0.89	0.33	0.9	0.94	0.84	0.92	0.86	1.0	0.69	0.86		-0.74	0.9	0.94	0.94	-0.96	0.91	0.86	0.98	0.91	0.61	-0.93	0.89
Inventory	-0.78	-0.9	-0.71	-0.9	0.03	-0.85	-0.74	-0.73	-0.78	-0.84	-0.74	-0.12	-0.85	-0.74		-0.91	-0.74	-0.78	0.83	-0.76	-0.85	-0.79	-0.79	-0.29	0.73	-0.56
Other Current Assets	0.97	0.98	0.88	0.98	0.12	0.98	0.9	0.92	0.92	0.81	0.89	0.49	0.92	0.9	-0.91		0.95	0.96	-0.95	0.95	0.92	0.94	0.95	0.38	-0.78	0.71
Total Liab	1.0	0.92	0.93	0.92	0.24	0.94	0.96	0.95	0.93	0.72	0.94	0.72	0.84	0.94	-0.74	0.95		0.99	-0.95	0.99	0.84	0.96	0.96	0.44	-0.76	0.78
Net Invested Capital	1.0	0.95	0.89	0.96	0.27	0.98	0.92	0.93	0.96	0.77	0.94	0.7	0.9	0.94	-0.78	0.96	0.99		-0.97	0.97	0.9	0.97	0.99	0.48	-0.8	0.8
Short Long Term Debt	-0.96	-0.91	-0.83	-0.94	-0.38	-0.96	-0.93	-0.84	-0.99	-0.9	-0.96	-0.58	-0.88	-0.96	0.83	-0.95	-0.95	-0.97		-0.91	-0.88	-0.95	-0.98	-0.63	0.87	-0.89
Total Current Assets	0.99	0.94	0.96	0.93	0.1	0.94	0.94	0.98	0.88	0.67	0.91	0.7	0.87	0.91	-0.76	0.95	0.99	0.97	-0.91		0.87	0.97	0.93	0.32	-0.74	0.69
Capital Stock	0.88	0.96	0.77	0.98	0.04	0.95	0.73	0.86	0.85	0.79	0.86	0.52	1.0	0.86	-0.85	0.92	0.84	0.9	-0.88	0.87		0.91	0.89	0.32	-0.84	0.65
Net Working Capital	0.97	0.93	0.94	0.94	0.17	0.94	0.93	0.93	0.91	0.8	0.98	0.69	0.91	0.98	-0.79	0.94	0.96	0.97	-0.95	0.97	0.91		0.92	0.45	-0.89	0.79
Intangible Assets	0.97	0.92	0.8	0.95	0.37	0.98	0.89	0.87	0.99	0.81	0.91	0.63	0.89	0.91	-0.79	0.95	0.96	0.99	-0.98	0.93	0.89	0.92		0.56	-0.78	0.84
Property Plant And Equipment Net	0.44	0.27	0.23	0.38	0.92	0.45	0.51	0.15	0.67	0.73	0.61	0.37	0.32	0.61	-0.29	0.38	0.44	0.48	-0.63	0.32	0.32	0.45	0.56		-0.65	0.9
Capital Lease Obligations	-0.78	-0.76	-0.72	-0.82	-0.32	-0.8	-0.77	-0.66	-0.82	-0.92	-0.93	-0.53	-0.84	-0.93	0.73	-0.78	-0.76	-0.8	0.87	-0.74	-0.84	-0.89	-0.78	-0.65		-0.86
Property Plant And Equipment Gross	0.77	0.63	0.61	0.7	0.72	0.76	0.81	0.55	0.9	0.87	0.89	0.6	0.65	0.89	-0.56	0.71	0.78	0.8	-0.89	0.69	0.65	0.79	0.84	0.9	-0.86

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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.

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Huitong Retained Earnings vs Net Invested Capital Analysis

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Invested Capital

Huitong Construction fundamental ratios Correlations

Huitong Construction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Huitong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Long Term Debt
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Assets	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Other Current Liab

Short Long Term Debt	- 0.99	Non Current Assets Total
Intangible Assets	- 0.98	Short Long Term Debt
Short Long Term Debt	- 0.97	Net Invested Capital
Short Long Term Debt	- 0.96	Non Current Liabilities Total
Short Long Term Debt	- 0.96	Long Term Debt
Short Long Term Debt	- 0.96	Retained Earnings