Beijing Short Term Investments vs Non Currrent Assets Other Analysis

000786 Stock   28.63  0.22  0.77%   
Beijing New financial indicator trend analysis is way more than just evaluating Beijing New Building prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing New Building is a good investment. Please check the relationship between Beijing New Short Term Investments and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing New Building. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Term Investments vs Non Currrent Assets Other

Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing New Building Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing New's Short Term Investments and Non Currrent Assets Other is 0.4. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Beijing New Building, assuming nothing else is changed. The correlation between historical values of Beijing New's Short Term Investments 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 Short Term Investments of Beijing New Building 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 Short Term Investments i.e., Beijing New's Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Beijing New balance sheet. It contains any investments Beijing New Building undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Beijing New Building can easily liquidate in the marketplace.

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 Beijing New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing New Building 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 Beijing New Building. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 523 M, whereas Tax Provision is forecasted to decline to about 198.3 M.
 2021 2022 2023 2024 (projected)
Operating Income3.9B3.1B3.9B4.1B
Total Revenue21.1B19.9B22.4B23.5B

Beijing New fundamental ratios Correlations

0.40.50.790.980.990.380.630.930.050.990.910.920.470.940.140.620.980.060.850.530.560.890.970.870.56
0.40.010.660.270.430.280.810.560.540.420.260.380.530.58-0.140.780.350.830.250.210.080.180.260.420.39
0.50.010.380.480.45-0.190.10.490.060.450.570.580.520.58-0.260.370.57-0.360.220.040.460.560.530.430.6
0.790.660.380.670.820.610.730.940.380.810.620.820.380.85-0.170.840.740.480.520.270.290.550.680.810.33
0.980.270.480.670.960.310.540.85-0.060.970.920.880.410.880.230.50.97-0.060.880.560.580.920.990.820.54
0.990.430.450.820.960.470.620.940.091.00.840.90.480.920.160.680.940.120.860.570.60.820.940.850.52
0.380.28-0.190.610.310.470.250.490.010.460.060.40.040.280.150.590.240.270.350.30.240.050.270.49-0.01
0.630.810.10.730.540.620.250.710.20.620.570.620.450.76-0.170.580.630.60.430.040.030.530.580.690.45
0.930.560.490.940.850.940.490.710.210.940.780.930.480.96-0.090.790.890.270.690.390.50.750.860.90.51
0.050.540.060.38-0.060.090.010.20.210.060.01-0.030.160.22-0.080.410.030.66-0.010.3-0.04-0.13-0.12-0.09-0.12
0.990.420.450.810.971.00.460.620.940.060.850.90.480.920.170.660.950.10.870.570.590.840.950.860.53
0.910.260.570.620.920.840.060.570.780.010.850.810.360.860.050.380.96-0.040.730.380.390.990.940.760.52
0.920.380.580.820.880.90.40.620.93-0.030.90.810.40.92-0.170.640.910.040.620.250.490.810.910.970.55
0.470.530.520.380.410.480.040.450.480.160.480.360.40.580.030.640.440.030.410.30.60.330.40.380.91
0.940.580.580.850.880.920.280.760.960.220.920.860.920.58-0.080.720.940.220.680.380.530.820.890.870.64
0.14-0.14-0.26-0.170.230.160.15-0.17-0.09-0.080.170.05-0.170.03-0.08-0.10.09-0.160.580.690.230.060.12-0.220.0
0.620.780.370.840.50.680.590.580.790.410.660.380.640.640.72-0.10.540.490.420.380.460.310.480.630.52
0.980.350.570.740.970.940.240.630.890.030.950.960.910.440.940.090.540.010.80.450.50.950.980.860.58
0.060.83-0.360.48-0.060.120.270.60.270.660.1-0.040.040.030.22-0.160.490.01-0.020.06-0.31-0.14-0.080.1-0.18
0.850.250.220.520.880.860.350.430.69-0.010.870.730.620.410.680.580.420.8-0.020.780.560.730.810.570.45
0.530.210.040.270.560.570.30.040.390.30.570.380.250.30.380.690.380.450.060.780.630.340.430.160.21
0.560.080.460.290.580.60.240.030.5-0.040.590.390.490.60.530.230.460.5-0.310.560.630.40.520.40.61
0.890.180.560.550.920.820.050.530.75-0.130.840.990.810.330.820.060.310.95-0.140.730.340.40.950.760.53
0.970.260.530.680.990.940.270.580.86-0.120.950.940.910.40.890.120.480.98-0.080.810.430.520.950.870.56
0.870.420.430.810.820.850.490.690.9-0.090.860.760.970.380.87-0.220.630.860.10.570.160.40.760.870.54
0.560.390.60.330.540.52-0.010.450.51-0.120.530.520.550.910.640.00.520.58-0.180.450.210.610.530.560.54
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Beijing New Account Relationship Matchups

Beijing New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.5B22.9B26.6B28.6B30.7B32.2B
Short Long Term Debt Total2.2B1.7B3.5B1.9B3.2B1.7B
Other Current Liab204.4K564.0M68.6M2.7B1.0B1.1B
Total Current Liabilities6.2B4.9B5.4B5.3B5.6B5.9B
Total Stockholder Equity14.0B16.7B18.9B21.0B23.4B24.5B
Property Plant And Equipment Net12.1B12.9B13.8B13.9B14.4B15.1B
Current Deferred Revenue2.7B1.2B1.4B466.2M638.2M393.8M
Net Debt1.6B1.1B2.9B1.4B2.6B2.8B
Accounts Payable1.6B1.6B1.8B1.9B1.8B1.9B
Cash623.1M590.2M572.2M555.7M546.5M549.9M
Non Current Assets Total15.1B16.1B17.4B17.6B18.4B19.3B
Cash And Short Term Investments2.0B2.2B3.2B4.5B6.1B6.4B
Net Receivables1.9B2.7B3.1B3.5B3.2B3.4B
Liabilities And Stockholders Equity21.5B22.9B26.6B28.6B30.7B32.2B
Non Current Liabilities Total714.3M575.1M1.6B1.9B1.1B758.8M
Inventory1.6B1.7B2.6B2.7B2.6B2.7B
Other Current Assets825.1M243.9M250.3M239.9M384.7M244.0M
Total Liab6.9B5.5B7.0B7.2B6.7B3.4B
Total Current Assets6.3B6.9B9.2B11.0B12.3B12.9B
Short Term Debt1.9B1.5B2.2B284.0M2.1B1.3B
Other Stockholder Equity3.1B3.1B2.8B2.7B2.7B1.7B
Non Currrent Assets Other1.6B1.9B3.1B4.3B541.6M832.7M
Short Term Investments1.3B1.6B2.6B3.9B5.5B5.8B
Retained Earnings8.5B11.1B13.5B15.5B17.9B18.8B
Other Assets345.9M354.9M558.2M438.6M504.4M529.6M
Long Term Debt235.6M120M1.2B1.5B870M536.2M
Property Plant Equipment12.1B12.9B13.8B13.9B16.0B16.8B
Intangible Assets2.0B2.1B2.3B2.5B2.5B2.6B
Other Liab374.4M329.1M289.8M246.1M283.0M395.8M
Good Will322.2M311.1M388.0M344.1M382.5M401.7M
Net Tangible Assets11.6B14.2B16.2B18.1B20.8B13.6B
Deferred Long Term Liab25.0M16.2M38.0M79.7M91.7M96.3M
Short Long Term Debt1.6B1.3B2.1B168.0M378.4M359.5M
Non Current Liabilities Other12.9M13.2M11.9M50K13.0M12.3M
Net Invested Capital15.8B18.1B22.2B22.6B24.6B20.8B
Net Working Capital128.1M2.0B3.8B5.7B6.7B3.8B

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Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing New Building at a specified time, usually calculated after every quarter, six months, or one year. Beijing New Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing New 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.