Beijing Depreciation vs Investments Analysis

002383 Stock   10.83  0.26  2.46%   
Beijing UniStrong financial indicator trend analysis is way more than just evaluating Beijing UniStrong Science prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing UniStrong Science is a good investment. Please check the relationship between Beijing UniStrong Depreciation and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing UniStrong Science. 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.

Depreciation vs Investments

Depreciation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing UniStrong Science Depreciation account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Beijing UniStrong's Depreciation and Investments is -0.14. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Beijing UniStrong Science, assuming nothing else is changed. The correlation between historical values of Beijing UniStrong's Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Beijing UniStrong Science are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Beijing UniStrong's Depreciation and Investments go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Beijing UniStrong Science value has been used up. For tax purposes Beijing UniStrong can deduct the cost of the tangible assets it purchases as business expenses. However, Beijing UniStrong Science must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Beijing UniStrong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing UniStrong Science 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 UniStrong Science. 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 234.4 M. The current year's Tax Provision is expected to grow to about 162.5 M
 2021 2022 2023 2024 (projected)
Research Development210.7M169.8M145.9M172.4M
Minority Interest8.6M12.9M19.6M18.6M

Beijing UniStrong fundamental ratios Correlations

0.890.660.950.810.50.420.67-0.050.840.70.970.730.70.950.860.320.310.880.160.80.960.980.870.840.73
0.890.630.850.60.250.260.89-0.260.730.520.870.610.520.830.70.050.510.860.420.760.910.870.890.670.79
0.660.630.650.540.37-0.030.560.190.630.340.610.780.340.720.530.680.110.390.150.350.630.670.680.780.37
0.950.850.650.630.390.550.7-0.130.770.560.880.740.560.980.720.340.190.820.220.680.980.970.90.730.73
0.810.60.540.630.730.00.270.320.770.830.80.440.830.690.940.410.050.61-0.110.720.60.770.670.880.42
0.50.250.370.390.730.120.150.490.320.290.580.270.290.490.640.55-0.190.25-0.30.390.330.430.410.70.01
0.420.26-0.030.550.00.120.31-0.410.04-0.010.420.47-0.010.480.140.020.190.450.040.340.560.40.210.050.38
0.670.890.560.70.270.150.31-0.360.420.090.710.530.090.660.42-0.030.550.70.540.570.770.620.750.440.63
-0.05-0.260.19-0.130.320.49-0.41-0.360.180.18-0.07-0.140.180.00.230.58-0.45-0.33-0.56-0.34-0.22-0.04-0.060.34-0.65
0.840.730.630.770.770.320.040.420.180.840.730.520.850.790.780.30.180.730.070.530.760.880.750.820.6
0.70.520.340.560.830.29-0.010.090.180.840.60.341.00.590.750.180.090.6-0.080.60.550.750.550.640.51
0.970.870.610.880.80.580.420.71-0.070.730.60.710.590.880.880.260.420.870.140.850.910.90.80.840.68
0.730.610.780.740.440.270.470.53-0.140.520.340.710.340.790.460.570.360.52-0.040.480.770.720.540.660.57
0.70.520.340.560.830.29-0.010.090.180.851.00.590.340.590.750.180.090.6-0.080.60.550.740.550.640.51
0.950.830.720.980.690.490.480.660.00.790.590.880.790.590.750.490.160.740.070.620.950.970.880.80.66
0.860.70.530.720.940.640.140.420.230.780.750.880.460.750.750.340.140.72-0.020.750.710.820.740.860.46
0.320.050.680.340.410.550.02-0.030.580.30.180.260.570.180.490.34-0.42-0.14-0.5-0.070.230.340.30.59-0.13
0.310.510.110.190.05-0.190.190.55-0.450.180.090.420.360.090.160.14-0.420.540.270.420.40.230.060.140.47
0.880.860.390.820.610.250.450.7-0.330.730.60.870.520.60.740.72-0.140.540.450.860.880.840.710.620.8
0.160.420.150.22-0.11-0.30.040.54-0.560.07-0.080.14-0.04-0.080.07-0.02-0.50.270.450.380.260.160.33-0.080.41
0.80.760.350.680.720.390.340.57-0.340.530.60.850.480.60.620.75-0.070.420.860.380.730.740.660.570.73
0.960.910.630.980.60.330.560.77-0.220.760.550.910.770.550.950.710.230.40.880.260.730.950.850.710.78
0.980.870.670.970.770.430.40.62-0.040.880.750.90.720.740.970.820.340.230.840.160.740.950.890.810.74
0.870.890.680.90.670.410.210.75-0.060.750.550.80.540.550.880.740.30.060.710.330.660.850.890.710.67
0.840.670.780.730.880.70.050.440.340.820.640.840.660.640.80.860.590.140.62-0.080.570.710.810.710.43
0.730.790.370.730.420.010.380.63-0.650.60.510.680.570.510.660.46-0.130.470.80.410.730.780.740.670.43
Click cells to compare fundamentals

Beijing UniStrong Account Relationship Matchups

Beijing UniStrong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B7.3B5.0B4.5B3.8B3.9B
Short Long Term Debt Total3.0B1.3B2.2B2.1B975.5M960.5M
Other Current Liab554.3M50.8M47.5M290.0M41.3M39.2M
Total Current Liabilities5.3B5.0B1.4B2.8B1.5B1.8B
Total Stockholder Equity2.9B1.7B1.6B1.4B1.9B1.9B
Property Plant And Equipment Net702.2M459.0M205.5M206.3M196.5M372.4M
Current Deferred Revenue1.1B3.6B514.6M208.6M316.7M434.3M
Net Debt2.3B643.3M1.5B1.6B535.6K508.8K
Retained Earnings(384.1M)(1.5B)(1.6B)(1.8B)(1.9B)(1.8B)
Accounts Payable758.5M462.0M505.4M495.4M437.2M456.9M
Cash663.6M650.1M655.1M465.2M975.0M707.1M
Non Current Assets Total3.7B3.0B2.7B1.8B1.5B1.7B
Non Currrent Assets Other725.4M812.7M414.1M22.3M409.6M243.6M
Cash And Short Term Investments663.6M651.1M655.1M465.2M975.0M707.9M
Net Receivables3.6B2.8B793.5M1.1B866.8M1.1B
Good Will872.9M489.7M398.4M281.6M230.6M380.6M
Short Term Investments422.4M1M(875.5M)(657.0M)(206.0M)(195.7M)
Liabilities And Stockholders Equity8.6B7.3B5.0B4.5B3.8B3.9B
Non Current Liabilities Total317.8M440.2M1.9B273.4M287.2M265.0M
Inventory514.8M680.6M666.5M610.9M397.8M384.3M
Other Current Assets38.8M76.8M163.5M571.6M41.8M59.5M
Other Stockholder Equity2.5B2.4B2.4B2.4B2.4B1.6B
Total Liab5.6B5.5B3.3B3.1B1.8B2.0B
Total Current Assets4.8B4.2B2.3B2.8B2.3B2.3B
Short Term Debt2.9B958.1M319.0M1.8B751.3M793.5M
Intangible Assets410.6M219.3M191.7M129.0M129.1M205.2M
Common Stock745.2M744.3M740.4M740.4M851.4M894.0M
Other Liab143.6M92.8M58.9M48.4M55.7M47.2M
Other Assets404.8M1.0549.0M1.2B1.151.09
Long Term Debt244.3M335.4M1.8B198.2M203.8M334.5M
Property Plant Equipment702.2M459.0M205.5M206.3M237.2M409.8M
Net Tangible Assets1.6B995.0M1.0B967.1M870.3M1.2B
Deferred Long Term Liab95.2M50.8M35.2M22.2M20.0M19.0M
Short Long Term Debt2.6B725.7M208.4M164.8M687.9M918.2M
Non Current Liabilities Other3.2M1.5M1.8M7.4M9.4M9.9M
Net Invested Capital5.6B2.8B3.6B1.7B2.8B3.3B
Net Working Capital(445.4M)(810.4M)892.0M(47.9M)734.9M771.6M

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Other Information on Investing in Beijing Stock

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