Hongli Historical Cash Flow
| HLP Stock | 1.25 0.01 0.79% |
Analysis of Hongli Group cash flow over time is an excellent tool to project Hongli Group Ordinary future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 22.2 K or Begin Period Cash Flow of 1.1 M as it is a great indicator of Hongli Group ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Hongli Group Ordinary latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hongli Group Ordinary is a good buy for the upcoming year.
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About Hongli Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Hongli balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Hongli's non-liquid assets can be easily converted into cash.
Hongli Group Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Hongli Group Ordinary to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Hongli Group operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Hongli Group Ordinary financial statement analysis. It represents the amount of money remaining after all of Hongli Group Ordinary operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Hongli Group's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Hongli Group Ordinary current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 Hongli Group Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Hongli Group's Change To Inventory is relatively stable compared to the past year. As of 11/29/2024, Net Borrowings is likely to grow to about 1.6 M, while Change In Working Capital is likely to drop (749.7 K).
Hongli Group cash flow statement Correlations
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Hongli Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Hongli Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hongli Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hongli Group will appreciate offsetting losses from the drop in the long position's value.Moving against Hongli Stock
| 0.86 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.79 | AUST | Austin Gold Corp | PairCorr |
| 0.75 | AG | First Majestic Silver | PairCorr |
| 0.73 | CENX | Century Aluminum | PairCorr |
| 0.55 | GROY | Gold Royalty Corp | PairCorr |
The ability to find closely correlated positions to Hongli Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hongli Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hongli Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hongli Group Ordinary to buy it.
The correlation of Hongli Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hongli Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hongli Group Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hongli Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Hongli Stock Analysis
When running Hongli Group's price analysis, check to measure Hongli Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hongli Group is operating at the current time. Most of Hongli Group's value examination focuses on studying past and present price action to predict the probability of Hongli Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongli Group's price. Additionally, you may evaluate how the addition of Hongli Group to your portfolios can decrease your overall portfolio volatility.