Beijing Ebit vs Gross Profit Analysis

002878 Stock   16.12  1.47  10.03%   
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 Ebit and its Gross Profit 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.

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 Yuanlong Yato Ebit account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing Yuanlong's Ebit and Gross Profit is 0.85. 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 Yuanlong Yato, assuming nothing else is changed. The correlation between historical values of Beijing Yuanlong'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 Yuanlong Yato 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 Yuanlong's Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Beijing Yuanlong Yato minus its cost of goods sold. It is profit before Beijing Yuanlong 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 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 Tax Provision is expected to grow to about (5 M). In addition to that, Selling General Administrative is expected to decline to about 154.5 M
 2021 2022 2023 2024 (projected)
Gross Profit497.8M656.6M416.1M411.2M
Total Revenue2.3B3.3B2.7B2.0B

Beijing Yuanlong fundamental ratios Correlations

0.930.740.990.990.440.45-0.890.80.80.960.950.70.970.840.960.690.880.991.00.930.750.840.070.850.71
0.930.650.950.90.570.27-0.790.620.670.960.820.560.950.680.980.640.840.950.941.00.530.72-0.210.680.84
0.740.650.690.770.35-0.13-0.710.560.420.720.760.450.720.60.650.490.750.690.730.640.650.570.10.560.52
0.990.950.690.960.480.47-0.830.780.830.940.940.650.950.840.990.610.841.00.980.950.720.840.020.810.74
0.990.90.770.960.40.41-0.930.790.750.970.940.730.970.810.940.750.910.960.990.90.740.820.080.850.69
0.440.570.350.480.4-0.08-0.230.450.420.430.36-0.210.410.470.540.190.250.490.440.550.150.48-0.680.430.84
0.450.27-0.130.470.41-0.08-0.30.630.690.290.50.490.310.60.410.170.160.460.430.270.540.570.440.620.03
-0.89-0.79-0.71-0.83-0.93-0.23-0.3-0.62-0.58-0.93-0.78-0.75-0.94-0.63-0.79-0.9-0.96-0.82-0.91-0.79-0.59-0.67-0.06-0.75-0.6
0.80.620.560.780.790.450.63-0.620.870.640.880.510.650.970.730.360.490.790.780.610.880.960.280.950.45
0.80.670.420.830.750.420.69-0.580.870.650.850.510.670.940.780.30.510.830.780.670.810.890.210.860.49
0.960.960.720.940.970.430.29-0.930.640.650.850.681.00.690.940.80.950.940.970.960.580.72-0.090.740.78
0.950.820.760.940.940.360.5-0.780.880.850.850.680.860.910.90.490.750.950.930.820.890.890.280.860.55
0.70.560.450.650.73-0.210.49-0.750.510.510.680.680.710.530.610.630.740.650.70.570.620.510.510.610.12
0.970.950.720.950.970.410.31-0.940.650.671.00.860.710.70.950.80.950.950.980.950.60.73-0.060.750.75
0.840.680.60.840.810.470.6-0.630.970.940.690.910.530.70.790.350.550.850.820.670.910.970.260.940.49
0.960.980.650.990.940.540.41-0.790.730.780.940.90.610.950.790.60.820.990.970.980.650.81-0.070.770.79
0.690.640.490.610.750.190.17-0.90.360.30.80.490.630.80.350.60.880.610.730.640.250.39-0.160.550.57
0.880.840.750.840.910.250.16-0.960.490.510.950.750.740.950.550.820.880.830.90.850.510.57-0.020.630.65
0.990.950.691.00.960.490.46-0.820.790.830.940.950.650.950.850.990.610.830.980.950.720.840.020.820.74
1.00.940.730.980.990.440.43-0.910.780.780.970.930.70.980.820.970.730.90.980.930.710.830.030.840.73
0.931.00.640.950.90.550.27-0.790.610.670.960.820.570.950.670.980.640.850.950.930.520.71-0.20.670.83
0.750.530.650.720.740.150.54-0.590.880.810.580.890.620.60.910.650.250.510.720.710.520.870.580.830.21
0.840.720.570.840.820.480.57-0.670.960.890.720.890.510.730.970.810.390.570.840.830.710.870.220.950.51
0.07-0.210.10.020.08-0.680.44-0.060.280.21-0.090.280.51-0.060.26-0.07-0.16-0.020.020.03-0.20.580.220.22-0.64
0.850.680.560.810.850.430.62-0.750.950.860.740.860.610.750.940.770.550.630.820.840.670.830.950.220.49
0.710.840.520.740.690.840.03-0.60.450.490.780.550.120.750.490.790.570.650.740.730.830.210.51-0.640.49
Click cells to compare fundamentals

Beijing Yuanlong Account Relationship Matchups

Beijing Yuanlong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.5B1.8B1.8B2.7B2.8B
Short Long Term Debt Total155.2M201.8M281.4M327.9M555.5M583.2M
Other Current Liab27.9M5.7M4.8M163.1M151.6M159.2M
Total Current Liabilities583.3M591.0M813.9M735.7M1.1B1.1B
Total Stockholder Equity697.5M830.2M876.6M1.0B1.6B1.6B
Property Plant And Equipment Net9.2M13.1M45.5M58.6M43.9M29.4M
Current Deferred Revenue148.0M177.6M187.8M43.7M61.7M86.8M
Net Debt(126.6M)(174.3M)(152.5M)(135.6M)(471.4M)(447.8M)
Retained Earnings258.3M358.1M386.5M450.8M360.6M216.2M
Accounts Payable252.1M205.9M355.2M222.1M304.8M190.1M
Cash281.8M376.0M433.9M463.5M1.0B1.1B
Non Current Assets Total233.6M234.8M267.4M300.4M336.9M353.8M
Non Currrent Assets Other65.6M37.2M2.6M6.7M49.9M52.4M
Cash And Short Term Investments328.4M396.0M433.9M463.5M1.0B1.1B
Net Receivables616.5M645.6M850.9M834.0M861.1M518.1M
Liabilities And Stockholders Equity1.3B1.5B1.8B1.8B2.7B2.8B
Inventory118.7M128.9M176.9M172.9M252.6M265.2M
Other Current Assets27.2M49.7M34.3M24.8M173.1M181.8M
Other Stockholder Equity268.9M187.9M195.9M238.3M831.4M873.0M
Total Liab585.2M592.6M830.6M758.9M1.1B1.1B
Total Current Assets1.1B1.2B1.5B1.5B2.3B2.4B
Short Term Debt155.2M201.8M266.0M306.8M545.4M572.6M
Intangible Assets15.3M15.2M13.1M15.4M16.6M9.6M
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 Total1.9M1.6M16.8M23.2M11.3M8.8M
Short Long Term Debt155.2M201.8M251.0M284.1M529.8M556.3M
Net Invested Capital852.7M1.0B1.1B1.3B2.1B1.2B
Net Working Capital507.5M629.2M682.2M759.4M1.3B747.4M
Short Term Investments46.7M20M18.0M(18.9M)(17.0M)(16.1M)

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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.