Henan Intangible Assets vs Property Plant And Equipment Net Analysis

605368 Stock   10.93  0.14  1.26%   
Henan Lantian financial indicator trend analysis is much more than just examining Henan Lantian Gas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Henan Lantian Gas is a good investment. Please check the relationship between Henan Lantian Intangible Assets and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Henan Lantian Gas. 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 Property Plant And Equipment Net

Intangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henan Lantian Gas Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Henan Lantian's Intangible Assets and Property Plant And Equipment Net is 0.74. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Henan Lantian Gas, assuming nothing else is changed. The correlation between historical values of Henan Lantian's Intangible Assets and Property Plant And Equipment Net 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 Henan Lantian Gas are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Intangible Assets i.e., Henan Lantian's Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

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

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Henan Lantian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Henan Lantian Gas 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 Henan Lantian Gas. 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 February 5, 2025, Selling General Administrative is expected to decline to about 38 M. In addition to that, Tax Provision is expected to decline to about 157.2 M
 2022 2023 2024 2025 (projected)
Gross Profit1.0B1.1B1.2B1.3B
Total Revenue4.8B4.9B5.7B2.9B

Henan Lantian fundamental ratios Correlations

0.180.010.731.00.83-0.80.990.70.970.850.970.920.97-0.160.970.850.980.530.950.790.74-0.160.890.790.88
0.18-0.010.320.10.410.410.150.270.020.290.040.220.190.190.00.350.030.650.080.440.140.02-0.07-0.01-0.11
0.01-0.010.560.020.28-0.150.060.63-0.110.230.1-0.33-0.04-0.160.00.16-0.080.33-0.090.3-0.590.43-0.2-0.570.02
0.730.320.560.720.92-0.540.750.950.610.870.720.460.66-0.310.660.840.620.860.620.930.140.010.450.240.63
1.00.10.020.720.8-0.840.990.70.980.840.980.910.97-0.170.990.830.990.480.950.760.73-0.140.910.790.91
0.830.410.280.920.8-0.550.830.860.720.980.780.660.77-0.190.740.980.730.790.740.990.42-0.10.60.460.75
-0.80.41-0.15-0.54-0.84-0.55-0.81-0.58-0.86-0.65-0.89-0.65-0.770.25-0.88-0.61-0.87-0.12-0.76-0.49-0.52-0.05-0.79-0.62-0.88
0.990.150.060.750.990.83-0.810.730.960.860.970.910.95-0.150.960.850.970.520.930.780.71-0.120.870.750.87
0.70.270.630.950.70.86-0.580.730.590.830.730.420.65-0.270.660.790.610.730.590.850.090.160.450.160.65
0.970.02-0.110.610.980.72-0.860.960.590.780.970.930.95-0.170.980.781.00.380.930.670.8-0.120.910.860.9
0.850.290.230.870.840.98-0.650.860.830.780.820.70.82-0.160.810.990.790.680.80.960.49-0.10.70.520.85
0.970.040.10.720.980.78-0.890.970.730.970.820.850.95-0.180.980.810.980.440.890.720.680.020.860.720.91
0.920.22-0.330.460.910.66-0.650.910.420.930.70.850.920.030.880.730.930.350.90.610.92-0.270.890.920.78
0.970.19-0.040.660.970.77-0.770.950.650.950.820.950.92-0.040.970.820.960.450.950.730.78-0.150.920.790.89
-0.160.19-0.16-0.31-0.17-0.190.25-0.15-0.27-0.17-0.16-0.180.03-0.04-0.17-0.12-0.13-0.33-0.18-0.220.10.25-0.11-0.08-0.15
0.970.00.00.660.990.74-0.880.960.660.980.810.980.880.97-0.170.780.980.390.950.70.72-0.120.930.790.94
0.850.350.160.840.830.98-0.610.850.790.780.990.810.730.82-0.120.780.780.680.780.950.54-0.080.670.550.82
0.980.03-0.080.620.990.73-0.870.970.611.00.790.980.930.96-0.130.980.780.380.930.680.79-0.10.910.840.91
0.530.650.330.860.480.79-0.120.520.730.380.680.440.350.45-0.330.390.680.380.420.850.06-0.150.210.170.31
0.950.08-0.090.620.950.74-0.760.930.590.930.80.890.90.95-0.180.950.780.930.420.710.77-0.390.970.830.89
0.790.440.30.930.760.99-0.490.780.850.670.960.720.610.73-0.220.70.950.680.850.710.35-0.130.550.420.71
0.740.14-0.590.140.730.42-0.520.710.090.80.490.680.920.780.10.720.540.790.060.770.35-0.290.820.930.65
-0.160.020.430.01-0.14-0.1-0.05-0.120.16-0.12-0.10.02-0.27-0.150.25-0.12-0.08-0.1-0.15-0.39-0.13-0.29-0.38-0.45-0.1
0.89-0.07-0.20.450.910.6-0.790.870.450.910.70.860.890.92-0.110.930.670.910.210.970.550.82-0.380.860.89
0.79-0.01-0.570.240.790.46-0.620.750.160.860.520.720.920.79-0.080.790.550.840.170.830.420.93-0.450.860.71
0.88-0.110.020.630.910.75-0.880.870.650.90.850.910.780.89-0.150.940.820.910.310.890.710.65-0.10.890.71
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Henan Lantian Account Relationship Matchups

Henan Lantian fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.7B5.1B6.2B6.7B7.7B8.1B
Short Long Term Debt Total977.9M760.7M841.9M766.9M881.9M886.4M
Other Current Liab627.3M842.3M990.1M47.4M54.5M51.8M
Total Current Liabilities1.6B1.9B2.0B1.5B1.7B1.3B
Total Stockholder Equity1.8B2.9B3.7B3.8B4.4B4.6B
Property Plant And Equipment Net2.5B2.7B3.1B3.1B3.5B2.2B
Net Debt380.1M193.5M(346.1M)(445.7M)(401.1M)(381.1M)
Retained Earnings991.5M1.2B1.5B1.5B1.7B1.8B
Accounts Payable238.5M321.6M368.7M211.4M243.1M181.4M
Cash567.1M1.2B1.2B1.7B2.0B2.1B
Non Current Assets Total2.9B3.5B4.4B4.4B5.1B2.7B
Cash And Short Term Investments597.8M567.1M1.2B1.2B1.4B1.5B
Liabilities And Stockholders Equity3.7B3.7B5.1B6.2B7.2B7.5B
Inventory52.6M135.0M197.6M195.0M224.2M235.4M
Other Current Assets32.9M62.7M73.5M80.3M72.3M65.4M
Other Stockholder Equity431.1M460.3M1.3B1.7B2.0B2.1B
Total Liab1.9B2.2B2.5B2.8B3.2B1.8B
Total Current Assets808.6M1.7B1.8B2.3B2.7B2.8B
Short Term Debt847.8M688.6M785.3M642.0M738.3M627.9M
Intangible Assets224.8M217.0M952.2M913.8M1.1B1.1B
Non Current Liabilities Total299.0M287.8M541.3M1.3B1.5B1.6B
Non Currrent Assets Other98.3M445.0M127.5M34.4M39.6M37.6M
Long Term Debt72.1M55.1M122M895.0M1.0B1.1B
Net Receivables24.5M80.3M123.7M127.9M147.1M81.8M
Net Invested Capital2.6B3.7B4.4B5.2B5.9B4.0B
Short Long Term Debt630.9M761.0M610.8M430.5M387.4M496.7M
Non Current Liabilities Other2.2M1.8M1.4M1.0M916.7K1.5M
Net Working Capital(745.8M)(270.2M)(191.4M)812.5M934.3M981.0M

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Other Information on Investing in Henan Stock

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