Beijing Non Currrent Assets Other vs Other Current Assets Analysis

000970 Stock   10.41  0.16  1.51%   
Beijing Zhong financial indicator trend analysis is way more than just evaluating Beijing Zhong Ke prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Zhong Ke is a good investment. Please check the relationship between Beijing Zhong Non Currrent Assets Other and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Zhong Ke. 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Zhong Ke Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Beijing Zhong's Non Currrent Assets Other and Other Current Assets is -0.06. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Beijing Zhong Ke, assuming nothing else is changed. The correlation between historical values of Beijing Zhong's Non Currrent Assets Other and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Beijing Zhong Ke are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Beijing Zhong's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Beijing Zhong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Zhong Ke 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 Zhong Ke. 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 250.5 M. The current year's Tax Provision is expected to grow to about 133 M
 2021 2022 2023 2024 (projected)
Operating Income688.8M1.2B444.6M438.8M
Total Revenue7.1B9.7B8.4B8.8B

Beijing Zhong fundamental ratios Correlations

-0.390.730.96-0.080.950.850.70.930.97-0.430.970.530.90.530.550.980.81-0.890.810.670.860.870.10.820.88
-0.39-0.27-0.350.75-0.38-0.360.18-0.39-0.450.47-0.51-0.26-0.39-0.21-0.07-0.38-0.530.25-0.55-0.52-0.54-0.55-0.05-0.54-0.52
0.73-0.270.54-0.120.590.850.370.590.83-0.370.790.570.880.360.30.610.46-0.520.70.420.840.740.090.470.71
0.96-0.350.54-0.060.990.710.720.880.89-0.350.880.470.730.620.690.970.74-0.910.750.730.750.790.130.740.76
-0.080.75-0.12-0.06-0.14-0.120.490.01-0.170.32-0.19-0.17-0.09-0.190.01-0.07-0.140.08-0.21-0.36-0.22-0.22-0.12-0.15-0.19
0.95-0.380.590.99-0.140.740.650.820.91-0.370.880.480.730.670.710.950.67-0.920.730.790.760.780.180.680.75
0.85-0.360.850.71-0.120.740.420.750.91-0.530.910.430.910.50.350.770.63-0.70.70.580.860.80.180.660.9
0.70.180.370.720.490.650.420.740.58-0.20.550.180.560.170.460.740.56-0.660.450.20.410.470.070.550.48
0.93-0.390.590.880.010.820.750.740.86-0.490.910.450.860.350.380.930.93-0.780.820.480.830.87-0.010.930.91
0.97-0.450.830.89-0.170.910.910.580.86-0.490.970.520.930.550.50.910.73-0.830.810.690.910.880.180.740.89
-0.430.47-0.37-0.350.32-0.37-0.53-0.2-0.49-0.49-0.490.08-0.47-0.280.01-0.4-0.480.32-0.53-0.39-0.59-0.62-0.36-0.51-0.62
0.97-0.510.790.88-0.190.880.910.550.910.97-0.490.550.940.490.420.920.83-0.830.840.670.920.910.040.840.94
0.53-0.260.570.47-0.170.480.430.180.450.520.080.550.530.490.380.490.4-0.550.580.320.560.57-0.060.390.42
0.9-0.390.880.73-0.090.730.910.560.860.93-0.470.940.530.290.230.820.78-0.720.780.470.880.850.040.790.92
0.53-0.210.360.62-0.190.670.50.170.350.55-0.280.490.490.290.80.530.18-0.60.480.720.50.510.320.190.37
0.55-0.070.30.690.010.710.350.460.380.50.010.420.380.230.80.590.16-0.560.390.560.350.360.160.160.23
0.98-0.380.610.97-0.070.950.770.740.930.91-0.40.920.490.820.530.590.83-0.920.780.670.780.840.130.830.84
0.81-0.530.460.74-0.140.670.630.560.930.73-0.480.830.40.780.180.160.83-0.670.810.450.750.84-0.071.00.89
-0.890.25-0.52-0.910.08-0.92-0.7-0.66-0.78-0.830.32-0.83-0.55-0.72-0.6-0.56-0.92-0.67-0.62-0.7-0.63-0.7-0.24-0.68-0.71
0.81-0.550.70.75-0.210.730.70.450.820.81-0.530.840.580.780.480.390.780.81-0.620.660.940.980.070.810.83
0.67-0.520.420.73-0.360.790.580.20.480.69-0.390.670.320.470.720.560.670.45-0.70.660.640.670.270.470.55
0.86-0.540.840.75-0.220.760.860.410.830.91-0.590.920.560.880.50.350.780.75-0.630.940.640.970.080.770.91
0.87-0.550.740.79-0.220.780.80.470.870.88-0.620.910.570.850.510.360.840.84-0.70.980.670.970.130.850.92
0.1-0.050.090.13-0.120.180.180.07-0.010.18-0.360.04-0.060.040.320.160.13-0.07-0.240.070.270.080.13-0.050.06
0.82-0.540.470.74-0.150.680.660.550.930.74-0.510.840.390.790.190.160.831.0-0.680.810.470.770.85-0.050.9
0.88-0.520.710.76-0.190.750.90.480.910.89-0.620.940.420.920.370.230.840.89-0.710.830.550.910.920.060.9
Click cells to compare fundamentals

Beijing Zhong Account Relationship Matchups

Beijing Zhong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5B7.1B9.3B11.7B11.2B11.8B
Other Current Liab193.1M137.5M151.8M899.4K8.8M8.3M
Total Current Liabilities1.0B1.5B3.1B3.6B2.6B1.3B
Total Stockholder Equity4.6B4.6B5.0B6.4B6.6B6.9B
Other Liab61.3M50.6M58.1M53.7M61.8M58.1M
Retained Earnings3.1B3.1B3.5B4.2B4.0B4.2B
Accounts Payable418.9M933.0M1.9B1.5B1.2B1.3B
Cash1.8B1.7B1.5B2.1B2.3B2.5B
Other Assets109.7M110.1M179.9M279.7M321.7M337.8M
Net Receivables1.3B1.7B2.3B3.0B2.3B2.4B
Short Term Investments2.5M3.8M44.3M27.5M36.3M34.5M
Inventory1.4B1.5B3.0B3.5B3.3B3.4B
Other Current Assets95.6M76.5M103.8M155.1M160.1M92.5M
Total Liab1.1B1.6B3.3B4.1B3.4B3.6B
Intangible Assets139.5M134.8M141.4M122.3M121.8M65.9M
Property Plant Equipment1.2B1.3B1.5B1.8B2.0B2.1B
Net Tangible Assets4.4B4.5B4.8B6.3B7.2B5.0B
Total Current Assets4.6B5.2B7.1B9.1B8.4B6.3B
Non Current Assets Total1.8B1.9B2.1B2.6B2.8B2.2B
Non Currrent Assets Other80.6M1.4B67.2M138.6M86.1M81.8M
Non Current Liabilities Total61.3M89.1M245.6M461.2M854.3M897.0M
Deferred Long Term Liab699.4K1.7M18.9M63.4M72.9M76.5M
Short Long Term Debt311.9M335.7M887.0M1.7B680.3M605.9M
Net Invested Capital4.9B5.0B6.0B8.5B8.0B6.5B
Net Working Capital3.6B3.6B4.0B5.5B5.8B4.7B

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Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing Zhong Ke at a specified time, usually calculated after every quarter, six months, or one year. Beijing Zhong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Zhong 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.