Qingdao Dividends Paid vs Free Cash Flow Analysis

688139 Stock   33.28  0.36  1.09%   
Qingdao Haier financial indicator trend analysis is much more than just breaking down Qingdao Haier Biomedical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingdao Haier Biomedical is a good investment. Please check the relationship between Qingdao Haier Dividends Paid and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao Haier Biomedical. 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.

Dividends Paid vs Free Cash Flow

Dividends Paid vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Haier Biomedical Dividends Paid account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qingdao Haier's Dividends Paid and Free Cash Flow is -0.5. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Qingdao Haier Biomedical, assuming nothing else is changed. The correlation between historical values of Qingdao Haier's Dividends Paid 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 Dividends Paid of Qingdao Haier Biomedical 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 Dividends Paid i.e., Qingdao Haier's Dividends Paid and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

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 Qingdao Haier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingdao Haier Biomedical 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 Qingdao Haier Biomedical. 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 30, 2024, Tax Provision is expected to decline to about 21.3 M. In addition to that, Selling General Administrative is expected to decline to about 263.1 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.4B1.2B806.0M
Total Revenue2.1B2.9B2.3B1.6B

Qingdao Haier fundamental ratios Correlations

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0.970.240.780.990.850.780.860.820.790.540.920.50.780.930.920.610.790.82-0.84-0.070.920.20.820.970.91
0.83-0.10.630.850.950.780.690.510.960.830.720.360.960.860.790.740.970.68-0.52-0.20.720.470.960.730.91
0.930.320.980.890.820.860.690.790.760.460.90.710.760.870.890.510.710.99-0.770.290.950.140.810.90.86
0.80.310.690.810.740.820.510.790.660.420.880.510.650.760.750.570.460.72-0.9-0.050.81-0.070.670.910.78
0.86-0.060.710.860.970.790.960.760.660.90.790.520.990.840.790.870.930.74-0.6-0.080.750.250.980.810.95
0.59-0.270.430.60.790.540.830.460.420.90.520.410.870.560.490.950.820.46-0.34-0.090.430.070.810.580.76
0.940.420.850.930.870.920.720.90.880.790.520.630.810.940.940.60.690.88-0.84-0.050.90.110.850.930.88
0.60.270.80.520.470.50.360.710.510.520.410.630.480.440.490.540.450.78-0.460.490.61-0.260.50.610.53
0.86-0.020.710.850.980.780.960.760.650.990.870.810.480.870.810.820.910.75-0.59-0.120.740.30.990.790.94
0.960.210.790.970.930.930.860.870.760.840.560.940.440.870.950.550.810.83-0.73-0.160.880.410.910.890.91
0.950.460.840.940.880.920.790.890.750.790.490.940.490.810.950.530.80.88-0.82-0.110.930.250.870.880.91
0.63-0.070.50.640.770.610.740.510.570.870.950.60.540.820.550.530.750.51-0.54-0.050.52-0.170.770.680.79
0.84-0.020.680.840.90.790.970.710.460.930.820.690.450.910.810.80.750.72-0.54-0.090.750.370.920.730.91
0.910.361.00.850.790.820.680.990.720.740.460.880.780.750.830.880.510.72-0.720.340.930.10.80.860.83
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0.02-0.060.4-0.08-0.16-0.07-0.20.29-0.05-0.08-0.09-0.050.49-0.12-0.16-0.11-0.05-0.090.340.110.09-0.38-0.120.06-0.1
0.950.370.910.930.830.920.720.950.810.750.430.90.610.740.880.930.520.750.93-0.880.090.180.80.940.9
0.25-0.350.050.280.320.20.470.14-0.070.250.070.11-0.260.30.410.25-0.170.370.10.11-0.380.180.330.040.22
0.90.070.760.890.990.820.960.810.670.980.810.850.50.990.910.870.770.920.8-0.63-0.120.80.330.820.95
0.960.250.840.960.860.970.730.90.910.810.580.930.610.790.890.880.680.730.86-0.890.060.940.040.820.93
0.950.150.790.950.970.910.910.860.780.950.760.880.530.940.910.910.790.910.83-0.81-0.10.90.220.950.93
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Qingdao Haier Account Relationship Matchups

Qingdao Haier fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.9B4.9B5.5B5.5B3.7B
Other Current Liab171.7M386.9M514.2M14.4M8.7M8.3M
Total Current Liabilities545.8M1.0B1.1B1.2B941.7M929.4M
Total Stockholder Equity2.5B2.8B3.6B4.0B4.2B2.7B
Other Liab35.3M113.7M113.3M145.5M167.3M175.7M
Net Tangible Assets1.1B2.4B2.2B3.1B3.5B1.8B
Retained Earnings260.4M584.3M1.3B1.8B1.9B1.9B
Accounts Payable259.8M448.1M431.6M485.1M391.0M366.3M
Cash1.4B1.8B774.4M951.8M1.3B949.4M
Non Current Assets Total478.5M1.2B1.4B2.0B3.0B3.1B
Non Currrent Assets Other16.2M16.9M120.4M151.3M853.9M896.6M
Other Assets24.8M37.6M65.4M55.5M63.8M42.2M
Net Receivables135.7M135.0M112.3M155.8M187.7M167.2M
Good Will15.5M323.9M323.5M451.3M642.7M674.8M
Non Current Liabilities Total35.3M113.7M117.6M156.2M144.1M80.3M
Inventory105.6M247.9M345.7M270.5M248.0M187.3M
Other Current Assets51.1M25.4M38.2M8.2M132.8M139.4M
Other Stockholder Equity5.7M6.1M(1.0M)84.3M97.0M101.8M
Total Liab581.1M1.2B1.3B1.3B1.1B1.0B
Deferred Long Term Liab169.4K1.3M502.3K5.5M4.9M4.2M
Short Long Term Debt4.6M31.8M9.9M25.2M20.8M19.8M
Total Current Assets2.6B2.7B3.5B3.5B2.5B2.6B
Non Current Liabilities Other3.6M6.0M7.3M18.8M7.1M8.1M
Intangible Assets9.1M214.6M241.6M312.3M367.7M386.1M
Property Plant Equipment112.1M294.7M343.6M464.1M533.8M560.4M
Net Invested Capital2.5B2.8B3.6B4.0B4.3B3.1B
Net Working Capital2.0B1.7B2.3B2.3B1.6B1.8B

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Other Information on Investing in Qingdao Stock

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