FinVolution Current Deferred Revenue vs Non Currrent Assets Other Analysis

FINV Stock  USD 6.01  0.29  4.60%   
FinVolution financial indicator trend analysis is much more than just examining FinVolution Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FinVolution Group is a good investment. Please check the relationship between FinVolution Current Deferred Revenue and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. 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.

Current Deferred Revenue vs Non Currrent Assets Other

Current Deferred Revenue vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FinVolution Group Current Deferred Revenue account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between FinVolution's Current Deferred Revenue and Non Currrent Assets Other is 0.88. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of FinVolution Group, assuming nothing else is changed. The correlation between historical values of FinVolution's Current Deferred Revenue and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of FinVolution Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Current Deferred Revenue i.e., FinVolution's Current Deferred Revenue and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from FinVolution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FinVolution Group 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 FinVolution Group. 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 climb to about 470.6 M in 2024, whereas Tax Provision is likely to drop slightly above 315.3 M in 2024.
 2023 2024 (projected)
Interest Income1.3B1.3B
Tax Provision468.5M315.3M

FinVolution fundamental ratios Correlations

0.540.630.80.980.970.940.940.77-0.90.770.20.950.870.880.540.930.91-0.240.80.80.930.90.970.841.0
0.540.790.720.440.610.370.680.12-0.240.26-0.30.330.350.450.070.260.810.10.130.150.750.430.650.370.55
0.630.790.940.490.760.410.650.03-0.320.120.180.410.280.36-0.150.350.80.330.230.080.750.720.790.320.66
0.80.720.940.680.90.660.80.32-0.580.380.290.610.550.570.120.580.890.050.460.350.850.870.920.590.82
0.980.440.490.680.920.950.90.84-0.930.830.150.980.90.90.630.960.85-0.320.840.870.880.830.910.850.97
0.970.610.760.90.920.880.910.64-0.830.670.240.880.80.80.420.860.94-0.140.720.660.940.920.990.80.98
0.940.370.410.660.950.880.860.91-0.970.920.150.930.980.940.750.920.81-0.560.80.920.840.810.870.950.93
0.940.680.650.80.90.910.860.71-0.780.70.170.830.80.80.520.850.9-0.20.780.730.90.840.940.780.94
0.770.120.030.320.840.640.910.71-0.90.930.10.830.940.880.850.870.56-0.710.820.980.620.580.630.880.75
-0.9-0.24-0.32-0.58-0.93-0.83-0.97-0.78-0.9-0.89-0.22-0.96-0.95-0.91-0.73-0.93-0.740.55-0.79-0.93-0.78-0.79-0.82-0.91-0.89
0.770.260.120.380.830.670.920.70.93-0.89-0.140.810.970.910.90.780.64-0.760.660.930.680.50.640.920.75
0.2-0.30.180.290.150.240.150.170.1-0.22-0.140.210.03-0.12-0.10.34-0.030.20.490.08-0.040.510.250.110.22
0.950.330.410.610.980.880.930.830.83-0.960.810.210.880.880.620.970.79-0.330.810.880.830.820.860.820.94
0.870.350.280.550.90.80.980.80.94-0.950.970.030.880.940.840.870.75-0.690.750.930.780.670.780.980.85
0.880.450.360.570.90.80.940.80.88-0.910.91-0.120.880.940.680.820.83-0.580.650.90.880.680.80.860.87
0.540.07-0.150.120.630.420.750.520.85-0.730.9-0.10.620.840.680.650.37-0.810.620.820.390.290.390.840.51
0.930.260.350.580.960.860.920.850.87-0.930.780.340.970.870.820.650.72-0.320.930.890.760.830.830.830.92
0.910.810.80.890.850.940.810.90.56-0.740.64-0.030.790.750.830.370.72-0.150.540.60.990.810.950.730.92
-0.240.10.330.05-0.32-0.14-0.56-0.2-0.710.55-0.760.2-0.33-0.69-0.58-0.81-0.32-0.15-0.28-0.66-0.19-0.06-0.13-0.67-0.22
0.80.130.230.460.840.720.80.780.82-0.790.660.490.810.750.650.620.930.54-0.280.80.570.750.710.750.79
0.80.150.080.350.870.660.920.730.98-0.930.930.080.880.930.90.820.890.6-0.660.80.670.620.660.850.78
0.930.750.750.850.880.940.840.90.62-0.780.68-0.040.830.780.880.390.760.99-0.190.570.670.820.950.740.94
0.90.430.720.870.830.920.810.840.58-0.790.50.510.820.670.680.290.830.81-0.060.750.620.820.940.680.91
0.970.650.790.920.910.990.870.940.63-0.820.640.250.860.780.80.390.830.95-0.130.710.660.950.940.770.98
0.840.370.320.590.850.80.950.780.88-0.910.920.110.820.980.860.840.830.73-0.670.750.850.740.680.770.82
1.00.550.660.820.970.980.930.940.75-0.890.750.220.940.850.870.510.920.92-0.220.790.780.940.910.980.82
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FinVolution Account Relationship Matchups

FinVolution fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.3B14.9B18.1B21.4B21.3B14.5B
Short Long Term Debt Total320.1M43.3M33.4M177.0M41.6M39.6M
Other Current Liab9.7B2.7B3.0B3.2B1.4B1.3B
Total Current Liabilities10.0B3.9B4.1B5.0B3.7B4.8B
Total Stockholder Equity7.9B8.4B10.7B12.4B13.7B7.8B
Other Liab9.4B5.5B6.3B7.4B8.6B5.6B
Net Tangible Assets7.8B8.2B10.5B12.2B14.1B14.8B
Property Plant And Equipment Net230.1M148.8M161.5M333.8M179.0M166.6M
Current Deferred Revenue55.7M1.3B1.1B1.8B1.9B2.0B
Net Debt(2.0B)(2.6B)(4.4B)(3.5B)(4.9B)(4.7B)
Retained Earnings2.0B2.7B4.7B6.5B8.4B8.8B
Accounts Payable1.1B905.0M0.0357.3M321.6M396.6M
Cash2.3B2.6B4.4B3.6B5.0B2.7B
Non Current Assets Total1.4B1.4B1.7B2.5B3.1B3.2B
Non Currrent Assets Other7.6M56.3M1.4B1.6B1.9B2.0B
Other Assets129.7M155.8M455.7M919.4M1.1B1.1B
Cash And Short Term Investments2.4B4.6B5.6B7.1B7.9B4.4B
Net Receivables9.4B4.3B4.8B6.0B5.1B4.3B
Common Stock Shares Outstanding310.5M298.3M296.5M290.9M280.6M240.7M
Short Term Investments114.6M2.0B1.2B3.4B3.0B1.7B
Liabilities And Stockholders Equity18.3B14.9B18.1B21.4B21.3B14.5B
Non Current Liabilities Total284.1M2.5B3.4B4.0B3.8B3.9B
Capital Lease Obligations85.1M43.3M33.4M177.0M35.9M45.8M
Inventory(8.3B)(3.4B)(2.7B)(3.6B)(2.9B)(3.1B)
Other Current Assets13.4B8.0B8.7B9.4B8.1B6.7B
Other Stockholder Equity5.6B5.3B5.4B5.1B4.5B4.6B
Total Liab10.3B6.5B7.4B8.9B7.4B6.7B
Long Term Investments952.8M950.5M971.1M1.1B1.1B644.4M
Property Plant And Equipment Gross230.1M148.8M161.5M333.8M452.5M475.1M
Total Current Assets16.9B13.5B16.4B18.9B18.2B13.1B
Accumulated Other Comprehensive Income387.5M452.9M593.6M750.6M842.5M884.6M
Non Current Liabilities Other55.2M2.4B64.7M3.6B3.4B3.6B
Short Term Debt17.3M25M235M5.8M6.6M6.3M
Intangible Assets68.9M64.3M98.9M98.7M113.5M72.4M
Property Plant Equipment230.1M148.8M161.5M333.8M383.8M403.0M

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