HaiXin Net Receivables vs Property Plant Equipment 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 Net Receivables and its Property Plant Equipment 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. 
          
Net Receivables vs Property Plant Equipment
Net Receivables vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of  
HaiXin Foods Net Receivables account and 
Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between HaiXin Foods' Net Receivables and Property Plant Equipment is 0.72. Overlapping area represents the amount of variation of  Net Receivables that can explain the historical movement of Property Plant Equipment 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' Net Receivables and Property Plant Equipment 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 Receivables of HaiXin Foods Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The  correlation of zero (0) is possible when  Property Plant Equipment has no effect on the direction of Net Receivables i.e., HaiXin Foods' Net Receivables and Property Plant Equipment go up and down completely randomly.
| Correlation Coefficient | 0.72 | 
| Relationship Direction | Positive | 
| Relationship Strength | Significant | 
Net Receivables
 Property Plant Equipment
 
		
	
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
	
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.