HaiXin Capital Expenditures vs Change To Account Receivables Analysis
			
		
	
	
	
	
 	| 002702 Stock |  |  | 4.77  0.04  0.85% | 
HaiXin Foods financial indicator trend analysis is much more than just examining HaiXin Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HaiXin Foods is a good investment. Please check the relationship between HaiXin Foods Capital Expenditures and its Change To Account Receivables accounts. Check out  
Trending Equities to better understand how to build diversified portfolios,  which includes a position in HaiXin Foods 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 state. 
          
Capital Expenditures vs Change To Account Receivables
Capital Expenditures vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of  
HaiXin Foods Capital Expenditures account and 
Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HaiXin Foods' Capital Expenditures and Change To Account Receivables is -0.25. Overlapping area represents the amount of variation of  Capital Expenditures that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of HaiXin Foods Co, assuming nothing else is changed. The correlation between historical values of HaiXin Foods' Capital Expenditures and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of HaiXin Foods Co are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The  correlation of zero (0) is possible when  Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., HaiXin Foods' Capital Expenditures and Change To Account Receivables go up and down completely randomly.
| Correlation Coefficient | -0.25 | 
| Relationship Direction | Negative | 
| Relationship Strength | Insignificant | 
Capital Expenditures
Capital Expenditures are funds used by HaiXin Foods to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of HaiXin Foods operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Account Receivables
 
		
	
Most indicators from HaiXin Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HaiXin Foods 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 HaiXin Foods 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 state. 
          
The current year's 
Selling General Administrative is expected to grow to about 216.7 
M. The current year's 
Tax Provision is expected to grow to about 11.9 
MHaiXin Foods fundamental ratios Correlations
Click cells to compare fundamentals
HaiXin Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HaiXin Foods fundamental ratios Accounts
	
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Other Information on Investing in HaiXin Stock 
Balance Sheet is a snapshot of the 
financial position of HaiXin Foods at a specified time, usually calculated after every quarter, six months, or one year. HaiXin Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HaiXin Foods 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 HaiXin currently owns. An asset can also be divided into two categories, current and non-current.