Beijing Change To Account Receivables vs Net Income Analysis

002878 Stock   19.58  0.15  0.76%   
Beijing Yuanlong financial indicator trend analysis is way more than just evaluating Beijing Yuanlong Yato prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Yuanlong Yato is a good investment. Please check the relationship between Beijing Yuanlong Change To Account Receivables and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Yuanlong Yato. 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.

Change To Account Receivables vs Net Income

Change To Account Receivables vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Yuanlong Yato Change To Account Receivables account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Yuanlong's Change To Account Receivables and Net Income is 0.29. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Income in the same time period over historical financial statements of Beijing Yuanlong Yato, assuming nothing else is changed. The correlation between historical values of Beijing Yuanlong's Change To Account Receivables and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Beijing Yuanlong Yato are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Account Receivables i.e., Beijing Yuanlong's Change To Account Receivables and Net Income go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Account Receivables

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Beijing Yuanlong Yato financial statement analysis. It represents the amount of money remaining after all of Beijing Yuanlong Yato operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Beijing Yuanlong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Yuanlong Yato 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 Yuanlong Yato. 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 118.1 M, whereas Tax Provision is projected to grow to (14.4 M).
 2022 2023 2024 2025 (projected)
Gross Profit656.6M416.1M386.0M412.7M
Total Revenue3.3B2.7B2.8B2.1B

Beijing Yuanlong fundamental ratios Correlations

0.80.50.980.990.430.44-0.830.810.920.950.870.510.810.960.850.490.730.981.00.790.860.890.080.940.61
0.80.190.820.770.820.21-0.830.50.730.770.890.190.970.720.980.310.90.820.81.00.570.91-0.250.690.85
0.50.190.430.54-0.14-0.19-0.350.570.320.520.380.330.220.510.240.30.230.430.490.180.60.320.230.40.12
0.980.820.430.960.440.45-0.760.780.950.930.860.450.80.960.870.380.691.00.980.810.820.880.030.90.64
0.990.770.540.960.420.41-0.860.810.880.950.860.540.810.940.830.570.750.960.990.770.860.880.10.940.58
0.430.82-0.140.440.420.03-0.660.10.40.340.71-0.130.830.370.760.060.830.460.420.820.270.7-0.280.410.73
0.440.21-0.190.450.410.03-0.270.630.620.310.420.50.250.550.340.160.120.440.430.210.520.460.440.590.03
-0.83-0.83-0.35-0.76-0.86-0.66-0.27-0.56-0.68-0.84-0.84-0.45-0.93-0.72-0.83-0.68-0.94-0.76-0.84-0.83-0.66-0.860.0-0.78-0.63
0.810.50.570.780.810.10.63-0.560.780.730.720.520.510.90.610.390.380.770.80.480.840.750.280.860.38
0.920.730.320.950.880.40.62-0.680.780.820.840.440.720.950.810.290.610.950.920.720.820.840.130.880.57
0.950.770.520.930.950.340.31-0.840.730.820.760.520.790.850.80.650.730.920.960.770.720.8-0.060.830.62
0.870.890.380.860.860.710.42-0.840.720.840.760.380.910.880.940.260.850.870.860.890.840.980.140.840.66
0.510.190.330.450.54-0.130.5-0.450.520.440.520.380.30.470.280.520.310.430.510.20.60.330.640.5-0.21
0.810.970.220.80.810.830.25-0.930.510.720.790.910.30.730.960.440.970.80.820.970.620.93-0.130.740.78
0.960.720.510.960.940.370.55-0.720.90.950.850.880.470.730.810.340.620.950.950.710.910.880.180.950.56
0.850.980.240.870.830.760.34-0.830.610.810.80.940.280.960.810.310.880.880.850.980.670.96-0.140.780.82
0.490.310.30.380.570.060.16-0.680.390.290.650.260.520.440.340.310.50.370.530.320.250.35-0.10.480.27
0.730.90.230.690.750.830.12-0.940.380.610.730.850.310.970.620.880.50.70.730.910.550.84-0.110.650.7
0.980.820.431.00.960.460.44-0.760.770.950.920.870.430.80.950.880.370.70.980.820.820.880.020.90.65
1.00.80.490.980.990.420.43-0.840.80.920.960.860.510.820.950.850.530.730.980.790.830.880.050.930.63
0.791.00.180.810.770.820.21-0.830.480.720.770.890.20.970.710.980.320.910.820.790.560.91-0.240.690.84
0.860.570.60.820.860.270.52-0.660.840.820.720.840.60.620.910.670.250.550.820.830.560.790.50.840.28
0.890.910.320.880.880.70.46-0.860.750.840.80.980.330.930.880.960.350.840.880.880.910.790.040.870.72
0.08-0.250.230.030.1-0.280.440.00.280.13-0.060.140.64-0.130.18-0.14-0.1-0.110.020.05-0.240.50.040.16-0.64
0.940.690.40.90.940.410.59-0.780.860.880.830.840.50.740.950.780.480.650.90.930.690.840.870.160.54
0.610.850.120.640.580.730.03-0.630.380.570.620.66-0.210.780.560.820.270.70.650.630.840.280.72-0.640.54
Click cells to compare fundamentals

Beijing Yuanlong Account Relationship Matchups

Beijing Yuanlong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.5B1.8B1.8B2.7B2.4B1.3B
Short Long Term Debt Total201.8M281.4M327.9M555.5M638.8M670.7M
Other Current Liab5.7M4.8M163.1M151.6M6.5M6.2M
Total Current Liabilities591.0M813.9M735.7M1.1B1.0B534.8M
Total Stockholder Equity830.2M876.6M1.0B1.6B1.3B704.6M
Property Plant And Equipment Net13.1M45.5M58.6M43.9M330.2M346.7M
Current Deferred Revenue177.6M187.8M43.7M61.7M70.9M86.8M
Net Debt(174.3M)(152.5M)(135.6M)(471.4M)(424.3M)(403.0M)
Retained Earnings358.1M386.5M450.8M360.6M163.5M213.4M
Accounts Payable205.9M355.2M222.1M304.8M322.3M202.8M
Cash376.0M433.9M463.5M1.0B612.4M340.3M
Non Current Assets Total234.8M267.4M300.4M336.9M433.5M455.2M
Non Currrent Assets Other37.2M2.6M6.7M49.9M9.3M8.8M
Cash And Short Term Investments396.0M433.9M463.5M1.0B1.2B1.2B
Net Receivables645.6M850.9M834.0M861.1M855.0M550.6M
Liabilities And Stockholders Equity1.5B1.8B1.8B2.7B3.0B3.2B
Inventory128.9M176.9M172.9M252.6M280.1M294.1M
Other Current Assets49.7M34.3M24.8M173.1M42.1M53.3M
Other Stockholder Equity187.9M195.9M238.3M831.4M956.1M1.0B
Total Liab592.6M830.6M758.9M1.1B1.1B545.4M
Total Current Assets1.2B1.5B1.5B2.3B2.0B1.1B
Short Term Debt201.8M266.0M306.8M545.4M627.2M658.5M
Intangible Assets15.2M13.1M15.4M16.6M15.6M10.2M
Common Stock221.5M221.4M223.2M261.0M300.1M315.1M
Other Assets22.9M22.4M19.7M1.01.151.09
Net Tangible Assets417.6M511.5M644.3M692.9M796.8M505.3M
Property Plant Equipment7.4M9.2M13.1M45.5M52.3M54.9M
Other Liab4.9M1.9M1.6M1.4M1.2M1.9M
Non Current Liabilities Total1.6M16.8M23.2M11.3M61.1M64.2M
Short Long Term Debt201.8M251.0M284.1M529.8M444.4M234.7M
Common Stock Shares Outstanding221.5M221.4M223.2M225.0M262.0M249.9M
Net Invested Capital1.0B1.1B1.3B2.1B1.8B1.3B
Net Working Capital629.2M682.2M759.4M1.3B984.0M789.3M
Short Term Investments46.7M20M18.0M(18.9M)(17.0M)(16.1M)
Capital Stock221.5M221.4M223.2M261.0M262.0M227.8M
Property Plant And Equipment Gross27.0M61.9M79.9M68.1M330.2M346.7M
Accumulated Other Comprehensive Income62.6M72.7M103.3M99.6M114.6M83.2M

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Other Information on Investing in Beijing Stock

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