Henan Net Income vs Free Cash Flow Analysis

605368 Stock

11.48 0.34 2.88%

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 Net Income and its Free Cash Flow 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.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henan Lantian Gas Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Henan Lantian's Net Income and Free Cash Flow is 0.63. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow 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 Net Income 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 Net Income of Henan Lantian Gas 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 Net Income i.e., Henan Lantian's Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Henan Lantian Gas financial statement analysis. It represents the amount of money remaining after all of Henan Lantian Gas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 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.

The current year's Selling General Administrative is expected to grow to about 85.7 M, whereas Tax Provision is forecasted to decline to about 157.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	750.1M	1.0B	1.1B	573.6M
Total Revenue	3.9B	4.8B	4.9B	2.9B

Gross Profit Total Revenue

Henan Lantian fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Current Liabilities Total	Non Currrent Assets Other	Good Will	Long Term Debt	Net Receivables
Total Assets		0.28	0.44	0.85	0.87	0.93	-0.67	0.88	0.85	0.8	0.98	0.84	0.84	0.84	-0.13	0.81	0.97	0.81	0.64	0.78	0.92	0.36	0.08	0.65	0.4	0.86
Short Long Term Debt Total	0.28		-0.05	0.35	0.16	0.5	0.4	0.21	0.28	0.07	0.39	0.08	0.41	0.26	0.19	0.05	0.47	0.08	0.66	0.14	0.49	0.23	-0.01	-0.03	0.04	-0.07
Other Current Liab	0.44	-0.05		0.68	0.23	0.49	-0.29	0.28	0.73	0.08	0.47	0.21	0.02	0.16	-0.18	0.12	0.4	0.12	0.37	0.09	0.42	-0.54	0.4	-0.11	-0.53	0.23
Total Current Liabilities	0.85	0.35	0.68		0.74	0.93	-0.5	0.77	0.95	0.61	0.89	0.68	0.51	0.66	-0.31	0.62	0.87	0.63	0.86	0.61	0.91	-0.01	0.07	0.38	0.12	0.6
Total Stockholder Equity	0.87	0.16	0.23	0.74		0.79	-0.82	0.98	0.75	0.97	0.85	0.98	0.71	0.96	-0.16	0.98	0.83	0.98	0.52	0.93	0.77	0.59	-0.03	0.87	0.68	0.91
Property Plant And Equipment Net	0.93	0.5	0.49	0.93	0.79		-0.46	0.83	0.89	0.68	0.98	0.73	0.75	0.76	-0.19	0.68	0.98	0.69	0.85	0.71	0.98	0.25	0.0	0.5	0.28	0.67
Net Debt	-0.67	0.4	-0.29	-0.5	-0.82	-0.46		-0.78	-0.56	-0.86	-0.57	-0.88	-0.43	-0.73	0.25	-0.86	-0.52	-0.86	-0.1	-0.72	-0.43	-0.39	-0.14	-0.76	-0.54	-0.88
Retained Earnings	0.88	0.21	0.28	0.77	0.98	0.83	-0.78		0.78	0.95	0.87	0.96	0.74	0.93	-0.14	0.93	0.86	0.96	0.56	0.9	0.79	0.57	-0.01	0.81	0.63	0.86
Accounts Payable	0.85	0.28	0.73	0.95	0.75	0.89	-0.56	0.78		0.62	0.88	0.71	0.53	0.68	-0.26	0.63	0.84	0.65	0.73	0.61	0.83	-0.01	0.21	0.41	0.06	0.66
Cash	0.8	0.07	0.08	0.61	0.97	0.68	-0.86	0.95	0.62		0.75	0.99	0.69	0.93	-0.16	0.98	0.74	1.0	0.41	0.89	0.66	0.68	0.0	0.88	0.78	0.9
Non Current Assets Total	0.98	0.39	0.47	0.89	0.85	0.98	-0.57	0.87	0.88	0.75		0.8	0.81	0.82	-0.15	0.76	0.99	0.76	0.74	0.78	0.96	0.32	0.01	0.61	0.35	0.79
Cash And Short Term Investments	0.84	0.08	0.21	0.68	0.98	0.73	-0.88	0.96	0.71	0.99	0.8		0.68	0.94	-0.17	0.98	0.78	0.99	0.44	0.88	0.7	0.6	0.09	0.84	0.68	0.91
Common Stock Shares Outstanding	0.84	0.41	0.02	0.51	0.71	0.75	-0.43	0.74	0.53	0.69	0.81	0.68		0.73	0.21	0.67	0.85	0.7	0.45	0.68	0.75	0.61	-0.02	0.63	0.53	0.7
Inventory	0.84	0.26	0.16	0.66	0.96	0.76	-0.73	0.93	0.68	0.93	0.82	0.94	0.73		0.0	0.95	0.81	0.94	0.48	0.93	0.73	0.66	-0.03	0.88	0.68	0.89
Other Current Assets	-0.13	0.19	-0.18	-0.31	-0.16	-0.19	0.25	-0.14	-0.26	-0.16	-0.15	-0.17	0.21	0.0		-0.15	-0.11	-0.11	-0.32	-0.17	-0.21	0.18	0.25	-0.1	-0.06	-0.14
Other Stockholder Equity	0.81	0.05	0.12	0.62	0.98	0.68	-0.86	0.93	0.63	0.98	0.76	0.98	0.67	0.95	-0.15		0.73	0.98	0.39	0.93	0.67	0.64	-0.05	0.92	0.75	0.95
Total Liab	0.97	0.47	0.4	0.87	0.83	0.98	-0.52	0.86	0.84	0.74	0.99	0.78	0.85	0.81	-0.11	0.73		0.76	0.76	0.74	0.96	0.38	0.05	0.57	0.37	0.74
Total Current Assets	0.81	0.08	0.12	0.63	0.98	0.69	-0.86	0.96	0.65	1.0	0.76	0.99	0.7	0.94	-0.11	0.98	0.76		0.4	0.9	0.67	0.67	0.02	0.88	0.75	0.91
Short Term Debt	0.64	0.66	0.37	0.86	0.52	0.85	-0.1	0.56	0.73	0.41	0.74	0.44	0.45	0.48	-0.32	0.39	0.76	0.4		0.45	0.87	0.01	-0.14	0.2	0.15	0.31
Intangible Assets	0.78	0.14	0.09	0.61	0.93	0.71	-0.72	0.9	0.61	0.89	0.78	0.88	0.68	0.93	-0.17	0.93	0.74	0.9	0.45		0.7	0.65	-0.33	0.96	0.74	0.88
Common Stock	0.92	0.49	0.42	0.91	0.77	0.98	-0.43	0.79	0.83	0.66	0.96	0.7	0.75	0.73	-0.21	0.67	0.96	0.67	0.87	0.7		0.24	-0.08	0.5	0.33	0.67
Non Current Liabilities Total	0.36	0.23	-0.54	-0.01	0.59	0.25	-0.39	0.57	-0.01	0.68	0.32	0.6	0.61	0.66	0.18	0.64	0.38	0.67	0.01	0.65	0.24		-0.21	0.75	0.88	0.51
Non Currrent Assets Other	0.08	-0.01	0.4	0.07	-0.03	0.0	-0.14	-0.01	0.21	0.0	0.01	0.09	-0.02	-0.03	0.25	-0.05	0.05	0.02	-0.14	-0.33	-0.08	-0.21		-0.34	-0.41	0.02
Good Will	0.65	-0.03	-0.11	0.38	0.87	0.5	-0.76	0.81	0.41	0.88	0.61	0.84	0.63	0.88	-0.1	0.92	0.57	0.88	0.2	0.96	0.5	0.75	-0.34		0.84	0.87
Long Term Debt	0.4	0.04	-0.53	0.12	0.68	0.28	-0.54	0.63	0.06	0.78	0.35	0.68	0.53	0.68	-0.06	0.75	0.37	0.75	0.15	0.74	0.33	0.88	-0.41	0.84		0.6
Net Receivables	0.86	-0.07	0.23	0.6	0.91	0.67	-0.88	0.86	0.66	0.9	0.79	0.91	0.7	0.89	-0.14	0.95	0.74	0.91	0.31	0.88	0.67	0.51	0.02	0.87	0.6

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Henan Lantian Account Relationship Matchups

Henan Lantian fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	3.7B	5.1B	6.2B	6.7B	3.6B
Short Long Term Debt Total	977.9M	760.7M	841.9M	766.9M	881.9M	886.4M
Other Current Liab	580.9M	627.3M	842.3M	990.1M	47.4M	45.0M
Total Current Liabilities	1.7B	1.6B	1.9B	2.0B	1.5B	1.3B
Total Stockholder Equity	1.7B	1.8B	2.9B	3.7B	3.8B	4.0B
Property Plant And Equipment Net	2.4B	2.5B	2.7B	3.1B	3.1B	2.2B
Net Debt	380.1M	193.5M	(346.1M)	(445.7M)	(401.1M)	(381.1M)
Retained Earnings	882.5M	991.5M	1.2B	1.5B	1.5B	1.6B
Accounts Payable	250.9M	238.5M	321.6M	368.7M	211.4M	181.4M
Cash	597.8M	567.1M	1.2B	1.2B	1.7B	1.8B
Non Current Assets Total	2.9B	2.9B	3.5B	4.4B	4.4B	2.7B
Cash And Short Term Investments	597.8M	567.1M	1.2B	1.2B	1.4B	1.5B
Liabilities And Stockholders Equity	3.7B	3.7B	5.1B	6.2B	7.2B	7.5B
Inventory	95.0M	52.6M	135.0M	197.6M	195.0M	204.7M
Other Current Assets	37.8M	32.9M	62.7M	73.5M	80.3M	65.4M
Other Stockholder Equity	431.1M	460.3M	1.3B	1.7B	2.0B	2.1B
Total Liab	2.0B	1.9B	2.2B	2.5B	2.8B	1.8B
Total Current Assets	886.4M	808.6M	1.7B	1.8B	2.3B	2.4B
Short Term Debt	847.8M	688.6M	785.3M	642.0M	738.3M	627.9M
Intangible Assets	229.3M	224.8M	217.0M	952.2M	913.8M	959.5M
Non Current Liabilities Total	353.5M	299.0M	287.8M	541.3M	1.3B	1.4B
Non Currrent Assets Other	119.2M	98.3M	445.0M	127.5M	34.4M	32.7M

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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.

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Henan Net Income vs Free Cash Flow Analysis

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Income

Free Cash Flow

Henan Lantian fundamental ratios Correlations

Henan Lantian Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Henan Lantian fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Henan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Non Current Assets Total	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity

Net Receivables	- 0.88	Net Debt
Cash And Short Term Investments	- 0.88	Net Debt
Total Current Assets	- 0.86	Net Debt
Other Stockholder Equity	- 0.86	Net Debt
Cash	- 0.86	Net Debt
Net Debt	- 0.82	Total Stockholder Equity