FinVolution Total Current Assets vs Property Plant Equipment Analysis

FINV Stock

USD 5.05 0.11 2.13%

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 Total Current Assets and its Property Plant Equipment 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FinVolution Group Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.

The correlation between FinVolution's Total Current Assets and Property Plant Equipment is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment 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 Total Current Assets 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 Total Current Assets of FinVolution Group 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 Total Current Assets i.e., FinVolution's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant Equipment

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 tightly coupled 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 Income	1.3B	1.3B
Tax Provision	468.5M	315.3M

Interest Income Tax Provision

FinVolution fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.56	0.63	0.8	0.98	0.97	0.94	0.94	0.77	-0.9	0.77	0.2	0.95	0.87	0.88	0.54	0.93	0.91	-0.01	0.8	0.8	0.93	0.9	0.97	0.84	1.0
Short Long Term Debt Total	0.56		0.76	0.73	0.47	0.63	0.44	0.69	0.19	-0.3	0.35	-0.33	0.35	0.43	0.52	0.17	0.28	0.83	0.22	0.15	0.22	0.77	0.45	0.66	0.44	0.57
Other Current Liab	0.63	0.76		0.94	0.49	0.76	0.41	0.65	0.03	-0.32	0.12	0.18	0.41	0.28	0.36	-0.15	0.35	0.8	0.03	0.23	0.08	0.75	0.72	0.79	0.32	0.66
Total Current Liabilities	0.8	0.73	0.94		0.68	0.9	0.66	0.8	0.32	-0.58	0.38	0.29	0.61	0.55	0.57	0.12	0.58	0.89	-0.02	0.46	0.35	0.85	0.87	0.92	0.59	0.82
Total Stockholder Equity	0.98	0.47	0.49	0.68		0.92	0.95	0.9	0.84	-0.93	0.83	0.15	0.98	0.9	0.9	0.63	0.96	0.85	0.0	0.84	0.87	0.88	0.83	0.91	0.85	0.97
Other Liab	0.97	0.63	0.76	0.9	0.92		0.88	0.91	0.64	-0.83	0.67	0.24	0.88	0.8	0.8	0.42	0.86	0.94	-0.03	0.72	0.66	0.94	0.92	0.99	0.8	0.98
Net Tangible Assets	0.94	0.44	0.41	0.66	0.95	0.88		0.86	0.91	-0.97	0.92	0.15	0.93	0.98	0.94	0.75	0.92	0.81	0.04	0.8	0.92	0.84	0.81	0.87	0.95	0.93
Property Plant And Equipment Net	0.94	0.69	0.65	0.8	0.9	0.91	0.86		0.71	-0.78	0.7	0.17	0.83	0.8	0.8	0.52	0.85	0.9	-0.01	0.78	0.73	0.9	0.84	0.94	0.78	0.94
Current Deferred Revenue	0.77	0.19	0.03	0.32	0.84	0.64	0.91	0.71		-0.9	0.93	0.1	0.83	0.94	0.88	0.85	0.87	0.56	0.03	0.82	0.98	0.62	0.58	0.63	0.88	0.75
Net Debt	-0.9	-0.3	-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	-0.74	0.07	-0.79	-0.93	-0.78	-0.79	-0.82	-0.91	-0.89
Retained Earnings	0.77	0.35	0.12	0.38	0.83	0.67	0.92	0.7	0.93	-0.89		-0.14	0.81	0.97	0.91	0.9	0.78	0.64	0.26	0.66	0.93	0.68	0.5	0.64	0.92	0.75
Accounts Payable	0.2	-0.33	0.18	0.29	0.15	0.24	0.15	0.17	0.1	-0.22	-0.14		0.21	0.03	-0.12	-0.1	0.34	-0.03	-0.64	0.49	0.08	-0.04	0.51	0.25	0.11	0.22
Cash	0.95	0.35	0.41	0.61	0.98	0.88	0.93	0.83	0.83	-0.96	0.81	0.21		0.88	0.88	0.62	0.97	0.79	-0.11	0.81	0.88	0.83	0.82	0.86	0.82	0.94
Non Current Assets Total	0.87	0.43	0.28	0.55	0.9	0.8	0.98	0.8	0.94	-0.95	0.97	0.03	0.88		0.94	0.84	0.87	0.75	0.1	0.75	0.93	0.78	0.67	0.78	0.98	0.85
Non Currrent Assets Other	0.88	0.52	0.36	0.57	0.9	0.8	0.94	0.8	0.88	-0.91	0.91	-0.12	0.88	0.94		0.68	0.82	0.83	0.17	0.65	0.9	0.88	0.68	0.8	0.86	0.87
Other Assets	0.54	0.17	-0.15	0.12	0.63	0.42	0.75	0.52	0.85	-0.73	0.9	-0.1	0.62	0.84	0.68		0.65	0.37	0.11	0.62	0.82	0.39	0.29	0.39	0.84	0.51
Cash And Short Term Investments	0.93	0.28	0.35	0.58	0.96	0.86	0.92	0.85	0.87	-0.93	0.78	0.34	0.97	0.87	0.82	0.65		0.72	-0.19	0.93	0.89	0.76	0.83	0.83	0.83	0.92
Net Receivables	0.91	0.83	0.8	0.89	0.85	0.94	0.81	0.9	0.56	-0.74	0.64	-0.03	0.79	0.75	0.83	0.37	0.72		0.09	0.54	0.6	0.99	0.81	0.95	0.73	0.92
Common Stock Shares Outstanding	-0.01	0.22	0.03	-0.02	0.0	-0.03	0.04	-0.01	0.03	0.07	0.26	-0.64	-0.11	0.1	0.17	0.11	-0.19	0.09		-0.29	0.02	0.1	-0.28	-0.03	0.04	-0.02
Short Term Investments	0.8	0.15	0.23	0.46	0.84	0.72	0.8	0.78	0.82	-0.79	0.66	0.49	0.81	0.75	0.65	0.62	0.93	0.54	-0.29		0.8	0.57	0.75	0.71	0.75	0.79
Non Current Liabilities Total	0.8	0.22	0.08	0.35	0.87	0.66	0.92	0.73	0.98	-0.93	0.93	0.08	0.88	0.93	0.9	0.82	0.89	0.6	0.02	0.8		0.67	0.62	0.66	0.85	0.78
Other Current Assets	0.93	0.77	0.75	0.85	0.88	0.94	0.84	0.9	0.62	-0.78	0.68	-0.04	0.83	0.78	0.88	0.39	0.76	0.99	0.1	0.57	0.67		0.82	0.95	0.74	0.94
Other Stockholder Equity	0.9	0.45	0.72	0.87	0.83	0.92	0.81	0.84	0.58	-0.79	0.5	0.51	0.82	0.67	0.68	0.29	0.83	0.81	-0.28	0.75	0.62	0.82		0.94	0.68	0.91
Total Liab	0.97	0.66	0.79	0.92	0.91	0.99	0.87	0.94	0.63	-0.82	0.64	0.25	0.86	0.78	0.8	0.39	0.83	0.95	-0.03	0.71	0.66	0.95	0.94		0.77	0.98
Property Plant And Equipment Gross	0.84	0.44	0.32	0.59	0.85	0.8	0.95	0.78	0.88	-0.91	0.92	0.11	0.82	0.98	0.86	0.84	0.83	0.73	0.04	0.75	0.85	0.74	0.68	0.77		0.82
Total Current Assets	1.0	0.57	0.66	0.82	0.97	0.98	0.93	0.94	0.75	-0.89	0.75	0.22	0.94	0.85	0.87	0.51	0.92	0.92	-0.02	0.79	0.78	0.94	0.91	0.98	0.82

Click cells to compare fundamentals

FinVolution Account Relationship Matchups

FinVolution fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.3B	14.9B	18.1B	21.4B	21.3B	14.5B
Short Long Term Debt Total	320.1M	43.3M	33.4M	177.0M	41.6M	80.7M
Other Current Liab	9.7B	2.7B	3.0B	3.2B	1.4B	1.3B
Total Current Liabilities	10.0B	3.9B	4.1B	5.0B	3.7B	4.8B
Total Stockholder Equity	7.9B	8.4B	10.7B	12.4B	13.7B	7.8B
Other Liab	9.4B	5.5B	6.3B	7.4B	8.6B	5.6B
Net Tangible Assets	7.8B	8.2B	10.5B	12.2B	14.1B	14.8B
Property Plant And Equipment Net	230.1M	148.8M	161.5M	333.8M	179.0M	166.6M
Current Deferred Revenue	55.7M	1.3B	1.1B	1.8B	1.9B	2.0B
Net Debt	(2.0B)	(2.6B)	(4.4B)	(3.5B)	(4.9B)	(4.7B)
Retained Earnings	2.0B	2.7B	4.7B	6.5B	8.4B	8.8B
Accounts Payable	1.1B	905.0M	0.0	357.3M	321.6M	396.6M
Cash	2.3B	2.6B	4.4B	3.6B	5.0B	2.7B
Non Current Assets Total	1.4B	1.4B	1.7B	2.5B	3.1B	3.2B
Non Currrent Assets Other	7.6M	56.3M	1.4B	1.6B	1.9B	2.0B
Other Assets	129.7M	155.8M	455.7M	919.4M	1.1B	1.1B
Cash And Short Term Investments	2.4B	4.6B	5.6B	7.1B	7.9B	4.4B
Net Receivables	9.4B	4.3B	4.8B	6.0B	5.1B	4.3B
Common Stock Shares Outstanding	310.5M	298.3M	296.5M	290.9M	280.6M	311.9M
Short Term Investments	114.6M	2.0B	1.2B	3.4B	3.0B	1.7B
Liabilities And Stockholders Equity	18.3B	14.9B	18.1B	21.4B	21.3B	14.5B
Non Current Liabilities Total	284.1M	2.5B	3.4B	4.0B	3.8B	3.9B
Capital Lease Obligations	85.1M	43.3M	33.4M	177.0M	35.9M	45.8M
Inventory	(8.3B)	(3.4B)	(2.7B)	(3.6B)	(2.9B)	(3.1B)
Other Current Assets	13.4B	8.0B	8.7B	9.4B	8.1B	6.7B
Other Stockholder Equity	5.6B	5.3B	5.4B	5.1B	4.5B	4.6B
Total Liab	10.3B	6.5B	7.4B	8.9B	7.4B	6.7B
Long Term Investments	952.8M	950.5M	971.1M	1.1B	1.1B	644.4M
Property Plant And Equipment Gross	230.1M	148.8M	161.5M	333.8M	452.5M	475.1M
Total Current Assets	16.9B	13.5B	16.4B	18.9B	18.2B	13.1B
Accumulated Other Comprehensive Income	387.5M	452.9M	593.6M	750.6M	842.5M	884.6M
Non Current Liabilities Other	55.2M	2.4B	64.7M	3.6B	3.4B	3.6B
Short Term Debt	17.3M	25M	235M	5.8M	6.6M	6.3M
Intangible Assets	68.9M	64.3M	98.9M	98.7M	113.5M	72.4M
Property Plant Equipment	230.1M	148.8M	161.5M	333.8M	383.8M	403.0M

Pair Trading with FinVolution

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 FinVolution 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 FinVolution will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to FinVolution could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FinVolution 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 FinVolution - 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 FinVolution Group to buy it.

The correlation of FinVolution 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 FinVolution moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FinVolution Group 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 FinVolution 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.

Pair Correlation Correlation Matching

When determining whether FinVolution Group is a strong investment it is important to analyze FinVolution's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FinVolution's future performance. For an informed investment choice regarding FinVolution Stock, refer to the following important reports:

How To Invest In FinVolution

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Is FinVolution Stock a good investment?

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What is FinVolution's Net Worth?

Details

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Largest Financial Services Companies

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for FinVolution Stock analysis

When running FinVolution's price analysis, check to measure FinVolution'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 FinVolution is operating at the current time. Most of FinVolution's value examination focuses on studying past and present price action to predict the probability of FinVolution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FinVolution's price. Additionally, you may evaluate how the addition of FinVolution to your portfolios can decrease your overall portfolio volatility.

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Is FinVolution'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 FinVolution. If investors know FinVolution 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 FinVolution 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

0.022

Earnings Share

1.09

Revenue Per Share

45.83

Quarterly Revenue Growth

0.025

Return On Assets

0.2009

The market value of FinVolution Group is measured differently than its book value, which is the value of FinVolution that is recorded on the company's balance sheet. Investors also form their own opinion of FinVolution's value that differs from its market value or its book value, called intrinsic value, which is FinVolution'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 FinVolution's market value can be influenced by many factors that don't directly affect FinVolution'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 FinVolution's value and its price as these two are different measures arrived at by different means. Investors typically determine if FinVolution is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FinVolution'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.

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FinVolution Total Current Assets vs Property Plant Equipment Analysis

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Total Current Assets

Property Plant Equipment

FinVolution fundamental ratios Correlations

FinVolution Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FinVolution fundamental ratios Accounts

Pair Trading with FinVolution

Complementary Tools for FinVolution Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 0.99	Other Liab
Other Current Assets	+ 0.99	Net Receivables
Total Stockholder Equity	+ 0.98	Total Assets
Cash	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Other Liab

Net Debt	- 0.97	Net Tangible Assets
Cash	- 0.96	Net Debt
Non Current Assets Total	- 0.95	Net Debt
Non Current Liabilities Total	- 0.93	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Net Debt	- 0.93	Total Stockholder Equity