Hong Net Income vs Research Development Analysis

HKLB Stock   7.41  0.00  0.00%   
Hong Kong financial indicator trend analysis is much more than just examining Hong Kong Land latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hong Kong Land is a good investment. Please check the relationship between Hong Kong Net Income and its Research Development accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Research Development

Net Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hong Kong Land Net Income account and Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hong Kong's Net Income and Research Development is 0.67. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Hong Kong Land, assuming nothing else is changed. The correlation between historical values of Hong Kong's Net Income and Research Development 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 Hong Kong Land are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Net Income i.e., Hong Kong's Net Income and Research Development go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

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

Research Development

Most indicators from Hong Kong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hong Kong Land 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 232.7 M in 2024. Tax Provision is likely to gain to about 208.2 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense202.5M234.9M243.3M255.5M
Depreciation And Amortization16.3M17.5M16.5M17.3M

Hong Kong fundamental ratios Correlations

-0.420.840.990.771.00.94-0.130.61-0.53-0.430.740.830.670.560.410.410.630.640.770.30.630.390.750.590.22
-0.42-0.58-0.31-0.5-0.41-0.450.0-0.770.130.3-0.74-0.46-0.76-0.73-0.14-0.14-0.4-0.09-0.63-0.02-0.22-0.25-0.250.01-0.21
0.84-0.580.760.750.820.71-0.190.75-0.33-0.320.90.860.830.750.340.340.840.50.940.10.410.610.610.550.04
0.99-0.310.760.720.990.95-0.10.48-0.55-0.460.620.80.540.440.430.430.560.650.690.360.650.330.740.550.27
0.77-0.50.750.720.790.67-0.370.71-0.44-0.050.770.520.730.660.30.30.680.320.64-0.250.530.220.940.77-0.22
1.0-0.410.820.990.790.94-0.140.6-0.54-0.410.720.790.660.560.380.380.630.620.740.290.640.350.770.610.22
0.94-0.450.710.950.670.940.050.46-0.57-0.640.580.760.520.410.430.430.490.540.650.460.670.230.680.340.45
-0.130.0-0.19-0.1-0.37-0.140.05-0.230.01-0.52-0.23-0.1-0.18-0.17-0.01-0.01-0.25-0.6-0.160.78-0.04-0.47-0.4-0.440.84
0.61-0.770.750.480.710.60.46-0.23-0.22-0.050.970.570.980.950.110.110.580.240.74-0.140.280.450.460.48-0.08
-0.530.13-0.33-0.55-0.44-0.54-0.570.01-0.220.32-0.28-0.4-0.27-0.15-0.51-0.51-0.37-0.3-0.22-0.24-0.980.17-0.46-0.25-0.18
-0.430.3-0.32-0.46-0.05-0.41-0.64-0.52-0.050.32-0.16-0.56-0.110.0-0.44-0.44-0.09-0.09-0.35-0.71-0.34-0.12-0.090.34-0.8
0.74-0.740.90.620.770.720.58-0.230.97-0.28-0.160.720.980.930.210.210.720.360.87-0.050.350.540.550.54-0.04
0.83-0.460.860.80.520.790.76-0.10.57-0.4-0.560.720.610.460.620.620.540.630.890.340.460.680.460.30.24
0.67-0.760.830.540.730.660.52-0.180.98-0.27-0.110.980.610.970.120.120.710.260.78-0.060.340.430.490.5-0.02
0.56-0.730.750.440.660.560.41-0.170.95-0.150.00.930.460.97-0.13-0.130.680.20.7-0.110.220.390.390.47-0.05
0.41-0.140.340.430.30.380.43-0.010.11-0.51-0.440.210.620.12-0.131.00.130.260.330.190.480.150.380.120.13
0.41-0.140.340.430.30.380.43-0.010.11-0.51-0.440.210.620.12-0.131.00.130.260.330.190.480.150.380.120.13
0.63-0.40.840.560.680.630.49-0.250.58-0.37-0.090.720.540.710.680.130.130.360.67-0.060.440.330.540.56-0.13
0.64-0.090.50.650.320.620.54-0.60.24-0.3-0.090.360.630.260.20.260.260.360.490.030.380.610.360.3-0.15
0.77-0.630.940.690.640.740.65-0.160.74-0.22-0.350.870.890.780.70.330.330.670.490.140.30.730.480.40.09
0.3-0.020.10.36-0.250.290.460.78-0.14-0.24-0.71-0.050.34-0.06-0.110.190.19-0.060.030.140.25-0.13-0.24-0.330.93
0.63-0.220.410.650.530.640.67-0.040.28-0.98-0.340.350.460.340.220.480.480.440.380.30.25-0.130.540.30.2
0.39-0.250.610.330.220.350.23-0.470.450.17-0.120.540.680.430.390.150.150.330.610.73-0.13-0.130.140.21-0.23
0.75-0.250.610.740.940.770.68-0.40.46-0.46-0.090.550.460.490.390.380.380.540.360.48-0.240.540.140.78-0.23
0.590.010.550.550.770.610.34-0.440.48-0.250.340.540.30.50.470.120.120.560.30.4-0.330.30.210.78-0.48
0.22-0.210.040.27-0.220.220.450.84-0.08-0.18-0.8-0.040.24-0.02-0.050.130.13-0.13-0.150.090.930.2-0.23-0.23-0.48
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Hong Kong Account Relationship Matchups

Hong Kong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.3B44.3B43.9B42.6B40.8B27.5B
Other Current Liab261M(1.6B)(2.2B)(1.7B)189.8M199.3M
Total Current Liabilities2.4B2.4B3.3B2.4B2.7B1.5B
Total Stockholder Equity38.2B35.7B34.6B33.3B32.0B21.7B
Property Plant And Equipment Net140M137.6M140.2M124.8M111.8M106.2M
Non Current Assets Total40.6B39.2B38.4B37.9B36.2B24.2B
Non Currrent Assets Other40.5B39.0B38.1B37.7B26.7B20.2B
Liabilities And Stockholders Equity45.3B44.3B43.9B42.6B40.8B27.5B
Non Current Liabilities Total4.5B6.1B6.0B6.9B6.1B4.2B
Other Current Assets(2.8B)(2.9B)546M368.6M392.9M412.5M
Total Liab7.0B8.5B9.2B9.3B8.8B5.8B
Total Current Assets4.6B5.0B5.5B4.7B4.6B3.3B
Short Long Term Debt Total5.0B6.6B6.6B7.0B6.6B4.1B
Net Debt3.6B4.6B5.1B5.8B5.4B2.7B
Cash1.4B2.0B1.5B1.2B1.2B1.4B
Cash And Short Term Investments1.4B2.0B1.5B1.2B1.2B1.4B
Short Term Debt715.3M689.5M865.3M419.1M781.6M436.7M
Accounts Payable1.5B1.6B2.2B1.7B1.7B1.1B
Net Receivables3.9B4.0B511.7M233.3M41.6M39.5M
Inventory2.0B1.9B3.0B2.9B2.9B2.6B
Retained Earnings38.0B34.9B34.0B33.4B32.3B35.2B
Other Assets33.3B30.2B28.7B28.2B40.8B32.2B
Other Liab226.5M227.7M257.6M276.3M317.7M226.2M
Net Tangible Assets38.2B35.7B34.6B33.3B38.3B36.5B
Long Term Debt4.0B4.1B4.3B5.9B6.8B4.6B
Property Plant Equipment140M137.6M140.2M124.8M143.5M98.8M
Accumulated Other Comprehensive Income37.8B35.2B34.3B33.1B31.7B37.3B
Short Term Investments2.7B2.8B3.4B2.9B3.3B2.4B

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