Beijing Ebit vs Gross Profit Analysis
002659 Stock | 5.27 0.02 0.38% |
Beijing Kaiwen financial indicator trend analysis is way more than just evaluating Beijing Kaiwen Education prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Kaiwen Education is a good investment. Please check the relationship between Beijing Kaiwen Ebit and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Kaiwen Education. 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Kaiwen Education Ebit account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beijing Kaiwen's Ebit and Gross Profit is 0.94. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Beijing Kaiwen Education, assuming nothing else is changed. The correlation between historical values of Beijing Kaiwen's Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Beijing Kaiwen Education are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., Beijing Kaiwen's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Beijing Kaiwen Education minus its cost of goods sold. It is profit before Beijing Kaiwen operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Beijing Kaiwen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Kaiwen Education 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 Kaiwen Education. 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 Tax Provision is expected to grow to about 4.1 M, whereas Selling General Administrative is forecasted to decline to about 11.2 M.
Beijing Kaiwen fundamental ratios Correlations
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Beijing Kaiwen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Kaiwen fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.7B | 4.1B | 3.5B | 3.2B | 3.1B | 2.9B | |
Other Current Liab | 251.4M | 251.2M | 25.1M | 138.9M | 5.5M | 5.2M | |
Total Current Liabilities | 525.8M | 582.2M | 127.6M | 242.3M | 265.8M | 252.5M | |
Total Stockholder Equity | 2.1B | 2.5B | 2.3B | 2.3B | 2.2B | 1.5B | |
Retained Earnings | (23.2M) | (152.7M) | (273.4M) | (370.0M) | (447.9M) | (425.5M) | |
Accounts Payable | 13.9M | 120.7M | 42.1M | 38.4M | 48.8M | 46.4M | |
Cash | 550.9M | 877.1M | 507.1M | 441.2M | 395.7M | 391.2M | |
Other Assets | 579.5M | 596.1M | 570.5M | 2.2B | 2.5B | 2.6B | |
Net Receivables | 260.1M | 87.6K | 175.0M | 1.6M | 5.3M | 5.0M | |
Inventory | 168.3K | 253.9K | 206.0K | 200.4K | 121.5K | 115.4K | |
Other Current Assets | 26.3M | 13.7M | 6.2M | 152.1M | 146.9M | 85.1M | |
Total Liab | 1.6B | 1.6B | 1.1B | 992.3M | 909.3M | 1.3B | |
Intangible Assets | 845.4M | 826.6M | 808.0M | 113.0M | 27.1M | 25.7M | |
Property Plant Equipment | 1.2B | 1.2B | 1.2B | 161.8M | 186.1M | 176.8M | |
Net Tangible Assets | 1.1B | 1.5B | 1.3B | 1.9B | 2.2B | 1.4B | |
Other Stockholder Equity | (47.3K) | (646.9K) | (942.2K) | (10.8K) | (9.7K) | (10.2K) | |
Deferred Long Term Liab | 343.2M | 319.9M | 269.3M | 257.8M | 296.5M | 244.1M | |
Total Current Assets | 861.9M | 1.3B | 753.7M | 597.8M | 551.2M | 713.6M | |
Non Current Assets Total | 2.8B | 2.8B | 2.7B | 2.6B | 2.6B | 3.0B | |
Non Currrent Assets Other | 219.4K | 17.4M | 377.8K | 1.0M | 905.0K | 859.7K | |
Non Current Liabilities Total | 1.0B | 1.1B | 1.0B | 750.0M | 643.6M | 773.4M | |
Net Debt | 476.5M | 298.0M | 482.9M | 298.8M | 244.3M | 298.0M | |
Net Invested Capital | 3.2B | 3.7B | 3.3B | 3.0B | 2.8B | 3.4B | |
Net Working Capital | 336.2M | 731.6M | 626.1M | 355.5M | 285.5M | 266.5M |
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Balance Sheet is a snapshot of the financial position of Beijing Kaiwen Education at a specified time, usually calculated after every quarter, six months, or one year. Beijing Kaiwen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Kaiwen 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.