Beijing Intangible Assets vs Non Current Liabilities Total Analysis

002893 Stock   11.56  0.75  6.09%   
Beijing HuaYuanYiTong financial indicator trend analysis is way more than just evaluating Beijing HuaYuanYiTong prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing HuaYuanYiTong is a good investment. Please check the relationship between Beijing HuaYuanYiTong Intangible Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing HuaYuanYiTong Thermal. 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.

Intangible Assets vs Non Current Liabilities Total

Intangible Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing HuaYuanYiTong Intangible Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing HuaYuanYiTong's Intangible Assets and Non Current Liabilities Total is 0.53. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Beijing HuaYuanYiTong Thermal, assuming nothing else is changed. The correlation between historical values of Beijing HuaYuanYiTong's Intangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Beijing HuaYuanYiTong Thermal are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Intangible Assets i.e., Beijing HuaYuanYiTong's Intangible Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Current Liabilities Total

Most indicators from Beijing HuaYuanYiTong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing HuaYuanYiTong 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 HuaYuanYiTong Thermal. 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 16.3 M. The current year's Selling General Administrative is expected to grow to about 21.2 M
 2021 2022 2023 2024 (projected)
Gross Profit163.2M155.3M175.4M168.0M
Total Revenue1.0B1.0B1.1B1.1B

Beijing HuaYuanYiTong fundamental ratios Correlations

-0.540.920.920.950.920.980.780.650.86-0.940.930.210.370.790.62-0.860.440.930.780.840.810.260.940.80.96
-0.54-0.49-0.65-0.54-0.43-0.63-0.81-0.49-0.320.42-0.4-0.05-0.01-0.550.060.460.5-0.37-0.26-0.39-0.61-0.11-0.41-0.49-0.54
0.92-0.490.750.880.860.90.70.390.9-0.930.870.070.240.760.5-0.710.470.950.750.960.630.320.890.790.88
0.92-0.650.750.880.880.940.870.810.66-0.850.860.10.450.720.4-0.820.20.720.720.650.910.310.870.690.88
0.95-0.540.880.880.810.970.790.520.88-0.840.80.170.270.890.55-0.820.40.880.590.780.70.320.890.890.98
0.92-0.430.860.880.810.890.650.730.69-0.980.990.070.60.520.47-0.740.460.830.940.850.870.430.960.530.79
0.98-0.630.90.940.970.890.830.620.84-0.910.880.150.320.830.51-0.830.340.880.70.80.80.320.920.830.96
0.78-0.810.70.870.790.650.830.540.62-0.690.64-0.120.110.810.1-0.6-0.080.580.470.560.690.210.670.760.8
0.65-0.490.390.810.520.730.620.540.19-0.620.720.20.750.220.28-0.680.020.40.70.40.960.270.670.180.5
0.86-0.320.90.660.880.690.840.620.19-0.790.720.14-0.030.880.66-0.70.610.930.540.780.410.150.760.930.9
-0.940.42-0.93-0.85-0.84-0.98-0.91-0.69-0.62-0.79-0.98-0.03-0.48-0.61-0.480.73-0.51-0.89-0.91-0.9-0.79-0.39-0.96-0.63-0.83
0.93-0.40.870.860.80.990.880.640.720.72-0.980.040.570.530.5-0.790.50.850.950.880.850.440.970.550.79
0.21-0.050.070.10.170.070.15-0.120.20.14-0.030.040.190.110.7-0.190.150.29-0.040.020.22-0.610.020.140.27
0.37-0.010.240.450.270.60.320.110.75-0.03-0.480.570.19-0.150.18-0.310.250.250.630.390.710.350.54-0.160.22
0.79-0.550.760.720.890.520.830.810.220.88-0.610.530.11-0.150.46-0.660.270.750.280.570.410.080.630.990.91
0.620.060.50.40.550.470.510.10.280.66-0.480.50.70.180.46-0.640.70.740.410.440.36-0.220.490.530.62
-0.860.46-0.71-0.82-0.82-0.74-0.83-0.6-0.68-0.70.73-0.79-0.19-0.31-0.66-0.64-0.35-0.78-0.66-0.68-0.75-0.38-0.84-0.67-0.78
0.440.50.470.20.40.460.34-0.080.020.61-0.510.50.150.250.270.7-0.350.610.490.490.10.130.50.350.42
0.93-0.370.950.720.880.830.880.580.40.93-0.890.850.290.250.750.74-0.780.610.730.90.610.170.870.80.9
0.78-0.260.750.720.590.940.70.470.70.54-0.910.95-0.040.630.280.41-0.660.490.730.80.790.440.880.310.58
0.84-0.390.960.650.780.850.80.560.40.78-0.90.880.020.390.570.44-0.680.490.90.80.620.460.90.620.75
0.81-0.610.630.910.70.870.80.690.960.41-0.790.850.220.710.410.36-0.750.10.610.790.620.30.820.380.69
0.26-0.110.320.310.320.430.320.210.270.15-0.390.44-0.610.350.08-0.22-0.380.130.170.440.460.30.550.060.13
0.94-0.410.890.870.890.960.920.670.670.76-0.960.970.020.540.630.49-0.840.50.870.880.90.820.550.640.84
0.8-0.490.790.690.890.530.830.760.180.93-0.630.550.14-0.160.990.53-0.670.350.80.310.620.380.060.640.92
0.96-0.540.880.880.980.790.960.80.50.9-0.830.790.270.220.910.62-0.780.420.90.580.750.690.130.840.92
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Beijing HuaYuanYiTong Account Relationship Matchups

Beijing HuaYuanYiTong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.2B2.1B2.1B2.4B2.1B
Other Current Liab415.6M454.9M470.7M17.4M7.1M6.7M
Total Current Liabilities1.0B1.2B1.1B1.3B1.1B1.2B
Total Stockholder Equity636.1M605.4M632.8M663.5M1.1B716.8M
Other Liab128.5M122.7M164.6M191.0M219.7M131.6M
Net Tangible Assets615.1M631.7M521.0M551.4M634.1M590.2M
Retained Earnings248.5M261.7M289.1M296.7M337.0M281.9M
Accounts Payable115.5M165.0M149.3M208.6M242.2M180.4M
Cash648.7M293.0M203.8M294.5M820.1M474.7M
Non Current Assets Total829.1M1.4B1.4B1.2B1.0B1.1B
Non Currrent Assets Other40.7M47.7M48.4M24.6M4.2M4.0M
Other Assets405.8M390.5M369.9M345.6M397.4M385.7M
Long Term Debt231.0M129.6M108.5M100M115M111.9M
Net Receivables401.2M274.6M263.6M298.0M337.4M253.8M
Good Will4.6M767.1K37.5M36.8M42.3M22.4M
Non Current Liabilities Total353.7M363.9M302.4M124.4M218.7M240.1M
Inventory60.2M49.0M61.3M69.4M40.6M49.3M
Other Current Assets75.7M110.4M108.0M7.2M6.0M5.7M
Total Liab1.4B1.6B1.4B1.4B1.3B1.4B
Deferred Long Term Liab309.7M296.0M263.7M225.7M259.5M287.6M
Short Long Term Debt381.0M459.5M340.0M509.4M300.2M404.6M
Total Current Assets1.2B785.5M691.1M919.9M1.4B1.0B
Non Current Liabilities Other515.1K2.2M194.9K780.2K702.2K563.7K
Intangible Assets3.6M46.8M43.9M40.4M42.2M26.4M
Common Stock123.0M159.7M205.1M202.8M233.2M165.1M
Property Plant Equipment435.6M424.2M863.1M848.6M975.9M621.9M
Net Invested Capital1.2B1.2B1.1B1.2B1.5B1.3B
Net Working Capital160.8M(435.0M)(428.3M)(358.5M)321.7M337.7M

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Other Information on Investing in Beijing Stock

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