Hainan Common Stock vs Inventory Analysis

900945 Stock

0.29 0.01 3.57%

Hainan Airlines financial indicator trend analysis is much more than just examining Hainan Airlines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Airlines is a good investment. Please check the relationship between Hainan Airlines Common Stock and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Airlines Co. 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.

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Airlines Common Stock account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hainan Airlines' Common Stock and Inventory is 0.78. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Inventory in the same time period over historical financial statements of Hainan Airlines Co, assuming nothing else is changed. The correlation between historical values of Hainan Airlines' Common Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Hainan Airlines Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock i.e., Hainan Airlines' Common Stock and Inventory go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

Inventory

Most indicators from Hainan Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Airlines 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 Hainan Airlines Co. 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 2.1 B, whereas Tax Provision is forecasted to decline to (796.6 M).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	45.2B	36.3B	54.4B	40.3B
Cost Of Revenue	42.8B	34.6B	52.5B	38.4B

Total Operating Expenses Cost Of Revenue

Hainan Airlines fundamental ratios Correlations

	Other Liab	Net Tangible Assets	Retained Earnings	Other Assets	Other Stockholder Equity	Deferred Long Term Liab	Common Stock	Property Plant Equipment	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets
Other Liab		-0.52	-0.76	-0.24	-0.6	0.4	0.77	0.56	-0.13	0.05	0.15	-0.67	0.65	-0.63	-0.19	-0.65	-0.05	0.29	0.94	0.5	0.48	0.92	0.08	0.63	-0.12	0.11
Net Tangible Assets	-0.52		0.86	0.67	0.94	-0.03	-0.58	-0.16	0.55	-0.56	-0.14	0.93	-0.5	0.85	0.81	0.72	-0.49	0.39	-0.71	-0.1	-0.36	-0.7	0.4	-0.59	0.21	0.02
Retained Earnings	-0.76	0.86		0.52	0.86	-0.28	-0.9	-0.56	0.48	-0.23	-0.04	0.93	-0.6	0.76	0.62	0.86	-0.33	0.27	-0.84	-0.09	-0.59	-0.87	0.14	-0.68	0.33	0.11
Other Assets	-0.24	0.67	0.52		0.7	0.5	-0.36	-0.26	0.81	0.01	0.5	0.44	0.16	0.76	0.75	0.73	-0.61	0.53	-0.36	0.07	-0.66	-0.39	0.6	0.05	0.7	0.56
Other Stockholder Equity	-0.6	0.94	0.86	0.7		-0.11	-0.6	-0.28	0.5	-0.5	-0.09	0.92	-0.5	0.88	0.72	0.8	-0.52	0.33	-0.79	-0.28	-0.48	-0.81	0.45	-0.62	0.24	0.02
Deferred Long Term Liab	0.4	-0.03	-0.28	0.5	-0.11		0.34	0.37	0.64	0.26	0.66	-0.35	0.81	0.21	0.42	0.0	-0.36	0.41	0.41	0.4	-0.15	0.46	0.53	0.79	0.59	0.66
Common Stock	0.77	-0.58	-0.9	-0.36	-0.6	0.34		0.76	-0.43	-0.15	-0.14	-0.7	0.51	-0.55	-0.41	-0.8	0.18	-0.16	0.73	0.0	0.68	0.78	0.02	0.53	-0.46	-0.25
Property Plant Equipment	0.56	-0.16	-0.56	-0.26	-0.28	0.37	0.76		-0.16	-0.47	-0.36	-0.31	0.31	-0.15	0.04	-0.69	0.16	-0.16	0.43	-0.11	0.79	0.56	0.22	0.27	-0.44	-0.37
Total Assets	-0.13	0.55	0.48	0.81	0.5	0.64	-0.43	-0.16		0.16	0.67	0.33	0.3	0.7	0.87	0.66	-0.66	0.68	-0.18	0.41	-0.63	-0.17	0.66	0.26	0.87	0.77
Other Current Liab	0.05	-0.56	-0.23	0.01	-0.5	0.26	-0.15	-0.47	0.16		0.73	-0.57	0.53	-0.32	-0.32	0.04	0.15	-0.04	0.31	0.33	-0.43	0.26	-0.19	0.6	0.6	0.64
Total Current Liabilities	0.15	-0.14	-0.04	0.5	-0.09	0.66	-0.14	-0.36	0.67	0.73		-0.31	0.64	0.1	0.22	0.38	-0.5	0.55	0.29	0.57	-0.7	0.23	0.4	0.71	0.91	0.97
Total Stockholder Equity	-0.67	0.93	0.93	0.44	0.92	-0.35	-0.7	-0.31	0.33	-0.57	-0.31		-0.7	0.77	0.63	0.72	-0.33	0.22	-0.84	-0.24	-0.35	-0.85	0.18	-0.81	0.05	-0.16
Accounts Payable	0.65	-0.5	-0.6	0.16	-0.5	0.81	0.51	0.31	0.3	0.53	0.64	-0.7		-0.24	-0.01	-0.28	-0.01	0.2	0.7	0.39	0.0	0.7	0.15	0.91	0.45	0.57
Cash	-0.63	0.85	0.76	0.76	0.88	0.21	-0.55	-0.15	0.7	-0.32	0.1	0.77	-0.24		0.82	0.76	-0.44	0.25	-0.76	-0.27	-0.5	-0.71	0.53	-0.34	0.43	0.2
Non Current Assets Total	-0.19	0.81	0.62	0.75	0.72	0.42	-0.41	0.04	0.87	-0.32	0.22	0.63	-0.01	0.82		0.6	-0.6	0.6	-0.36	0.19	-0.35	-0.33	0.65	-0.1	0.52	0.37
Non Currrent Assets Other	-0.65	0.72	0.86	0.73	0.8	0.0	-0.8	-0.69	0.66	0.04	0.38	0.72	-0.28	0.76	0.6		-0.57	0.47	-0.68	0.05	-0.89	-0.75	0.31	-0.34	0.64	0.48
Long Term Debt	-0.05	-0.49	-0.33	-0.61	-0.52	-0.36	0.18	0.16	-0.66	0.15	-0.5	-0.33	-0.01	-0.44	-0.6	-0.57		-0.88	0.02	-0.45	0.57	0.09	-0.8	-0.12	-0.52	-0.58
Net Receivables	0.29	0.39	0.27	0.53	0.33	0.41	-0.16	-0.16	0.68	-0.04	0.55	0.22	0.2	0.25	0.6	0.47	-0.88		0.21	0.75	-0.48	0.13	0.56	0.23	0.57	0.67
Good Will	0.94	-0.71	-0.84	-0.36	-0.79	0.41	0.73	0.43	-0.18	0.31	0.29	-0.84	0.7	-0.76	-0.36	-0.68	0.02	0.21		0.58	0.4	0.98	-0.02	0.77	-0.04	0.22
Short Term Investments	0.5	-0.1	-0.09	0.07	-0.28	0.4	0.0	-0.11	0.41	0.33	0.57	-0.24	0.39	-0.27	0.19	0.05	-0.45	0.75	0.58		-0.23	0.52	0.12	0.5	0.46	0.67
Non Current Liabilities Total	0.48	-0.36	-0.59	-0.66	-0.48	-0.15	0.68	0.79	-0.63	-0.43	-0.7	-0.35	0.0	-0.5	-0.35	-0.89	0.57	-0.48	0.4	-0.23		0.5	-0.28	-0.01	-0.81	-0.73
Inventory	0.92	-0.7	-0.87	-0.39	-0.81	0.46	0.78	0.56	-0.17	0.26	0.23	-0.85	0.7	-0.71	-0.33	-0.75	0.09	0.13	0.98	0.52	0.5		0.01	0.78	-0.09	0.17
Other Current Assets	0.08	0.4	0.14	0.6	0.45	0.53	0.02	0.22	0.66	-0.19	0.4	0.18	0.15	0.53	0.65	0.31	-0.8	0.56	-0.02	0.12	-0.28	0.01		0.25	0.45	0.41
Total Liab	0.63	-0.59	-0.68	0.05	-0.62	0.79	0.53	0.27	0.26	0.6	0.71	-0.81	0.91	-0.34	-0.1	-0.34	-0.12	0.23	0.77	0.5	-0.01	0.78	0.25		0.44	0.62
Short Long Term Debt	-0.12	0.21	0.33	0.7	0.24	0.59	-0.46	-0.44	0.87	0.6	0.91	0.05	0.45	0.43	0.52	0.64	-0.52	0.57	-0.04	0.46	-0.81	-0.09	0.45	0.44		0.94
Total Current Assets	0.11	0.02	0.11	0.56	0.02	0.66	-0.25	-0.37	0.77	0.64	0.97	-0.16	0.57	0.2	0.37	0.48	-0.58	0.67	0.22	0.67	-0.73	0.17	0.41	0.62	0.94

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Hainan Airlines Account Relationship Matchups

Hainan Airlines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Liab	10.9B	8.0B	9.2B	10.7B	12.3B	8.5B
Net Tangible Assets	49.9B	(30.1B)	6.4B	(1.2B)	(1.1B)	(1.1B)
Retained Earnings	12.7B	(51.7B)	(49.3B)	(74.2B)	(76.5B)	(72.7B)
Other Assets	19.8B	13.9B	5.7B	12.1B	10.9B	12.8B
Other Stockholder Equity	4.3B	(11.5B)	(10.1B)	(5.3B)	(4.8B)	(4.5B)
Deferred Long Term Liab	1.4B	1.4B	1.2B	1.0B	1.2B	1.4B
Property Plant Equipment	67.9B	56.5B	97.7B	89.5B	102.9B	85.5B
Total Assets	196.5B	164.6B	143.3B	138.1B	134.0B	132.7B
Other Current Liab	8.7B	112.3B	6.0B	4.7B	133.0M	126.4M
Total Current Liabilities	130.7B	178.9B	23.1B	30.8B	32.9B	62.3B
Total Stockholder Equity	52.2B	(28.4B)	8.5B	1.2B	2.3B	2.2B
Accounts Payable	8.5B	14.6B	4.7B	7.6B	11.6B	9.1B
Cash	20.1B	8.2B	8.8B	10.6B	8.9B	15.3B
Non Current Assets Total	146.3B	98.3B	113.3B	115.5B	106.9B	100.3B
Non Currrent Assets Other	11.1B	7.4B	1.7B	1.9B	2.7B	5.4B
Long Term Debt	4.7B	3.1B	48.7B	46.6B	45.6B	37.6B
Net Receivables	29.8B	2.4B	2.1B	1.1B	2.6B	2.5B
Short Term Investments	10.2B	4.6B	5.2B	277.8M	442.3M	420.2M
Non Current Liabilities Total	14.2B	8.0B	109.2B	106.8B	99.5B	62.0B
Inventory	1.0B	1.1B	1.5B	1.3B	1.5B	957.2M
Other Current Assets	2.4B	1.4B	1.6B	2.1B	1.9B	1.7B
Total Liab	134.4B	186.8B	132.3B	137.7B	132.5B	146.2B
Short Long Term Debt	30.8B	28.7B	35.1B	79.6M	1.6B	1.5B
Total Current Assets	63.6B	66.3B	30.0B	22.6B	27.1B	33.7B
Non Current Liabilities Other	6.3B	7.7B	8.9B	9.7B	10.0B	5.9B
Intangible Assets	792.7M	888.6M	1.3B	1.6B	1.6B	1.1B
Net Invested Capital	83.3B	6.8B	57.2B	47.9B	49.5B	51.7B
Net Working Capital	(70.0B)	(112.6B)	6.9B	(8.3B)	(5.8B)	(6.1B)

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Other Information on Investing in Hainan Stock

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

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Hainan Common Stock vs Inventory Analysis

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

Correlation Coefficient

Common Stock

Inventory

Hainan Airlines fundamental ratios Correlations

Hainan Airlines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hainan Airlines fundamental ratios Accounts

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Other Information on Investing in Hainan Stock

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Inventory	+ 0.98	Good Will
Total Current Assets	+ 0.97	Total Current Liabilities
Good Will	+ 0.94	Other Liab
Other Stockholder Equity	+ 0.94	Net Tangible Assets
Total Current Assets	+ 0.94	Short Long Term Debt
Total Stockholder Equity	+ 0.93	Net Tangible Assets

Common Stock	- 0.9	Retained Earnings
Non Current Liabilities Total	- 0.89	Non Currrent Assets Other
Net Receivables	- 0.88	Long Term Debt
Inventory	- 0.87	Retained Earnings
Inventory	- 0.85	Total Stockholder Equity
Good Will	- 0.84	Total Stockholder Equity