Fanhua Other Assets vs Good Will Analysis

FANH Stock  USD 3.42  0.11  3.12%   
Fanhua financial indicator trend analysis is much more than just examining Fanhua Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fanhua Inc is a good investment. Please check the relationship between Fanhua Other Assets and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Assets vs Good Will

Other Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fanhua Inc Other Assets account and Good Will. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fanhua's Other Assets and Good Will is 0.32. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Fanhua Inc, assuming nothing else is changed. The correlation between historical values of Fanhua's Other Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Fanhua Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Assets i.e., Fanhua's Other Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Fanhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fanhua Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
As of now, Fanhua's Tax Provision is increasing as compared to previous years. The Fanhua's current Enterprise Value Over EBITDA is estimated to increase to 18.92, while Selling General Administrative is projected to decrease to under 365.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B986.0M1.1B693.4M
Total Revenue3.3B2.8B3.2B2.1B

Fanhua fundamental ratios Correlations

0.350.480.87-0.180.190.310.060.80.950.10.00.430.30.94-0.040.00.50.540.350.040.640.890.60.310.01
0.350.94-0.080.52-0.490.550.27-0.140.540.480.33-0.610.750.090.590.6-0.210.750.920.40.540.620.340.90.57
0.480.940.010.57-0.540.60.33-0.070.620.540.42-0.540.80.20.630.63-0.050.780.980.480.630.690.460.890.61
0.87-0.080.01-0.480.46-0.03-0.20.970.77-0.27-0.280.78-0.130.97-0.44-0.390.60.19-0.13-0.280.40.640.49-0.1-0.37
-0.180.520.57-0.48-0.990.40.34-0.5-0.080.450.36-0.770.58-0.350.560.39-0.170.480.60.420.20.130.470.650.4
0.19-0.49-0.540.46-0.99-0.29-0.220.470.09-0.33-0.280.71-0.480.34-0.45-0.280.17-0.41-0.56-0.31-0.18-0.11-0.52-0.62-0.28
0.310.550.6-0.030.4-0.290.91-0.110.350.920.68-0.50.920.040.810.70.030.870.610.870.330.530.130.490.78
0.060.270.33-0.20.34-0.220.91-0.30.040.90.81-0.470.77-0.180.730.6-0.020.640.380.940.130.24-0.110.210.71
0.8-0.14-0.070.97-0.50.47-0.11-0.30.71-0.34-0.420.8-0.20.93-0.49-0.450.70.1-0.21-0.40.210.570.52-0.19-0.44
0.950.540.620.77-0.080.090.350.040.710.140.060.260.410.870.080.160.430.60.510.090.680.890.60.450.14
0.10.480.54-0.270.45-0.330.920.9-0.340.140.76-0.620.91-0.170.910.82-0.090.710.60.90.280.34-0.040.470.89
0.00.330.42-0.280.36-0.280.680.81-0.420.060.76-0.510.7-0.20.640.58-0.10.480.510.910.290.17-0.160.250.64
0.43-0.61-0.540.78-0.770.71-0.5-0.470.80.26-0.62-0.51-0.650.66-0.77-0.690.51-0.44-0.64-0.58-0.030.060.09-0.62-0.69
0.30.750.8-0.130.58-0.480.920.77-0.20.410.910.7-0.650.020.890.82-0.020.890.830.830.480.570.240.710.86
0.940.090.20.97-0.350.340.04-0.180.930.87-0.17-0.20.660.02-0.31-0.250.590.30.06-0.210.540.750.580.08-0.25
-0.040.590.63-0.440.56-0.450.810.73-0.490.080.910.64-0.770.89-0.310.96-0.240.640.720.80.290.22-0.060.610.98
0.00.60.63-0.390.39-0.280.70.6-0.450.160.820.58-0.690.82-0.250.96-0.270.540.720.710.350.19-0.170.60.99
0.5-0.21-0.050.6-0.170.170.03-0.020.70.43-0.09-0.10.51-0.020.59-0.24-0.270.06-0.09-0.09-0.10.310.5-0.35-0.24
0.540.750.780.190.48-0.410.870.640.10.60.710.48-0.440.890.30.640.540.060.730.630.550.810.470.740.59
0.350.920.98-0.130.6-0.560.610.38-0.210.510.60.51-0.640.830.060.720.72-0.090.730.560.580.580.350.860.69
0.040.40.48-0.280.42-0.310.870.94-0.40.090.90.91-0.580.83-0.210.80.71-0.090.630.560.270.24-0.120.330.79
0.640.540.630.40.2-0.180.330.130.210.680.280.29-0.030.480.540.290.35-0.10.550.580.270.670.380.670.32
0.890.620.690.640.13-0.110.530.240.570.890.340.170.060.570.750.220.190.310.810.580.240.670.650.590.21
0.60.340.460.490.47-0.520.13-0.110.520.6-0.04-0.160.090.240.58-0.06-0.170.50.470.35-0.120.380.650.43-0.17
0.310.90.89-0.10.65-0.620.490.21-0.190.450.470.25-0.620.710.080.610.6-0.350.740.860.330.670.590.430.57
0.010.570.61-0.370.4-0.280.780.71-0.440.140.890.64-0.690.86-0.250.980.99-0.240.590.690.790.320.21-0.170.57
Click cells to compare fundamentals

Fanhua Account Relationship Matchups

Fanhua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.1B3.2B3.1B4.1B3.1B
Other Current Liab485.1M465.6M444.1M417.2M452.7M250.4M
Total Current Liabilities948.0M929.2M908.7M952.0M1.0B517.8M
Total Stockholder Equity1.9B1.8B1.8B1.6B2.1B2.3B
Net Debt13.6M(55.7M)(349.3M)(395.4M)(285.9M)(300.2M)
Cash169.7M245.4M564.6M567.5M521.5M783.1M
Non Current Assets Total759.1M769.2M976.1M795.9M1.7B1.8B
Non Currrent Assets Other46.9M54.4M239.2M418.0M1.0B1.1B
Cash And Short Term Investments1.8B1.6B1.4B915.3M1.4B1.9B
Common Stock Shares Outstanding54.7M53.7M53.7M53.7M53.8M48.8M
Liabilities And Stockholders Equity3.4B3.1B3.2B3.1B4.1B3.1B
Non Current Liabilities Total448.4M197.1M373.1M406.2M689.6M724.1M
Other Current Assets55.0M41.1M39.9M419.7M286.3M300.7M
Other Stockholder Equity(753K)(35.0M)(39.1M)451K162.5M154.4M
Total Liab1.4B1.1B1.3B1.4B1.7B1.8B
Total Current Assets2.7B2.3B2.3B2.3B2.4B2.5B
Short Long Term Debt Total183.2M189.8M215.3M172.2M235.6M247.4M
Property Plant And Equipment Net231.2M237.2M272.5M243.5M227.7M239.1M
Retained Earnings1.5B1.3B1.3B1.1B1.9B2.0B
Accounts Payable382.9M377.4M377.6M436.8M406.8M213.5M
Other Assets54.2M64.5M257.9M438.4M504.1M529.3M
Net Receivables748.8M633.4M714.5M898.6M639.4M549.3M
Common Stock Total Equity9.6M9.6M9.2M8.1M9.3M8.5M
Short Term Investments1.6B1.3B870.7M347.8M928.3M864.0M
Inventory96.0M84.0M76.3M60.0M69.0M38.2M
Property Plant And Equipment Gross231.2M237.2M272.5M243.5M280.1M294.1M
Accumulated Other Comprehensive Income443.3M518.9M518.1M526.9M(27.9M)(26.5M)
Short Term Debt80.0M86.2M87.0M98.0M164.3M172.5M
Common Stock9.2M8.1M8.1M8.1M8.7M8.6M
Property Plant Equipment231.2M237.2M272.5M243.5M280.1M294.1M
Intangible Assets1.3M322K44K432.5M497.3M522.2M
Other Liab345.1M93.6M244.8M332.0M381.8M400.9M
Net Tangible Assets1.8B1.7B1.7B1.5B1.4B1.8B
Long Term Investments363.4M357.7M335.8M4.0M4.6M4.4M
Capital Lease Obligations183.2M189.8M215.3M136.5M157.0M99.7M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fanhua in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fanhua's short interest history, or implied volatility extrapolated from Fanhua options trading.

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When determining whether Fanhua Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fanhua's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fanhua Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fanhua Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Fanhua's price analysis, check to measure Fanhua'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 Fanhua is operating at the current time. Most of Fanhua's value examination focuses on studying past and present price action to predict the probability of Fanhua's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fanhua's price. Additionally, you may evaluate how the addition of Fanhua to your portfolios can decrease your overall portfolio volatility.
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Is Fanhua's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fanhua. If investors know Fanhua will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fanhua listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.304
Earnings Share
0.97
Revenue Per Share
59.54
Quarterly Revenue Growth
(0.21)
Return On Assets
0.0343
The market value of Fanhua Inc is measured differently than its book value, which is the value of Fanhua that is recorded on the company's balance sheet. Investors also form their own opinion of Fanhua's value that differs from its market value or its book value, called intrinsic value, which is Fanhua's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fanhua's market value can be influenced by many factors that don't directly affect Fanhua's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fanhua's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fanhua is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fanhua's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.