Beijing Change In Working Capital vs Free Cash Flow Analysis

002995 Stock

24.47 0.18 0.74%

Beijing Quanshi financial indicator trend analysis is way more than just evaluating Beijing Quanshi World prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Quanshi World is a good investment. Please check the relationship between Beijing Quanshi Change In Working Capital and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Quanshi World. 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 In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Quanshi World Change In Working Capital account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Beijing Quanshi's Change In Working Capital and Free Cash Flow is 0.73. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Beijing Quanshi World, assuming nothing else is changed. The correlation between historical values of Beijing Quanshi's Change In Working Capital and Free Cash Flow 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 In Working Capital of Beijing Quanshi World are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change In Working Capital i.e., Beijing Quanshi's Change In Working Capital and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Beijing Quanshi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Quanshi World 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 Quanshi World. 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 72.4 M, whereas Tax Provision is projected to grow to (3.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	187.4M	117.5M	113.5M	168.2M
Total Revenue	4.1B	3.0B	1.8B	2.7B

Gross Profit Total Revenue

Beijing Quanshi fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Total Liab	Intangible Assets	Common Stock Shares Outstanding	Net Invested Capital	Short Long Term Debt	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Other Current Liab		0.58	-0.49	0.0	0.32	0.51	-0.34	0.26	0.91	0.4	-0.11	-0.36	0.28	0.16	0.13	-0.46	-0.49	0.57	-0.73	-0.44	0.13	0.27	0.25	-0.41	-0.27	-0.27
Total Current Liabilities	0.58		0.1	0.79	0.92	0.97	0.51	0.9	0.85	0.96	0.59	0.49	0.91	0.85	0.84	0.42	0.1	0.99	-0.12	0.35	0.84	0.82	0.9	0.37	0.51	0.52
Other Liab	-0.49	0.1		0.6	0.34	0.07	0.68	0.23	-0.21	0.26	0.59	0.71	0.35	0.44	0.44	0.79	1.0	0.07	0.31	0.73	0.45	0.4	0.36	0.81	0.55	0.58
Net Tangible Assets	0.0	0.79	0.6		0.91	0.8	0.89	0.88	0.4	0.9	0.85	0.87	0.94	0.96	0.94	0.87	0.6	0.78	0.3	0.79	0.97	0.82	0.95	0.82	0.82	0.84
Retained Earnings	0.32	0.92	0.34	0.91		0.9	0.7	0.94	0.66	0.98	0.8	0.68	0.98	0.96	0.96	0.64	0.34	0.9	0.17	0.65	0.95	0.93	0.96	0.65	0.7	0.72
Accounts Payable	0.51	0.97	0.07	0.8	0.9		0.58	0.93	0.8	0.95	0.65	0.54	0.93	0.88	0.87	0.46	0.07	0.98	-0.07	0.38	0.87	0.78	0.92	0.41	0.61	0.61
Other Assets	-0.34	0.51	0.68	0.89	0.7	0.58		0.74	0.08	0.66	0.86	0.99	0.75	0.8	0.84	0.97	0.68	0.51	0.49	0.83	0.82	0.61	0.74	0.89	0.96	0.97
Net Receivables	0.26	0.9	0.23	0.88	0.94	0.93	0.74		0.6	0.95	0.81	0.71	0.95	0.94	0.94	0.64	0.23	0.88	0.27	0.64	0.93	0.82	0.93	0.63	0.77	0.77
Other Current Assets	0.91	0.85	-0.21	0.4	0.66	0.8	0.08	0.6		0.72	0.27	0.05	0.63	0.53	0.52	-0.06	-0.21	0.85	-0.55	-0.08	0.51	0.59	0.6	-0.04	0.13	0.14
Total Current Assets	0.4	0.96	0.26	0.9	0.98	0.95	0.66	0.95	0.72		0.77	0.62	0.99	0.96	0.94	0.58	0.26	0.95	0.08	0.58	0.96	0.88	0.98	0.59	0.66	0.67
Common Stock	-0.11	0.59	0.59	0.85	0.8	0.65	0.86	0.81	0.27	0.77		0.84	0.84	0.9	0.92	0.8	0.59	0.57	0.46	0.9	0.89	0.75	0.82	0.92	0.91	0.92
Property Plant Equipment	-0.36	0.49	0.71	0.87	0.68	0.54	0.99	0.71	0.05	0.62	0.84		0.71	0.76	0.81	0.98	0.71	0.48	0.49	0.82	0.78	0.6	0.7	0.89	0.95	0.96
Total Assets	0.28	0.91	0.35	0.94	0.98	0.93	0.75	0.95	0.63	0.99	0.84	0.71		0.99	0.97	0.67	0.35	0.91	0.17	0.67	0.99	0.88	1.0	0.68	0.74	0.76
Total Stockholder Equity	0.16	0.85	0.44	0.96	0.96	0.88	0.8	0.94	0.53	0.96	0.9	0.76	0.99		0.98	0.73	0.44	0.85	0.28	0.77	1.0	0.87	0.99	0.77	0.79	0.81
Cash	0.13	0.84	0.44	0.94	0.96	0.87	0.84	0.94	0.52	0.94	0.92	0.81	0.97	0.98		0.76	0.44	0.82	0.3	0.77	0.98	0.9	0.95	0.79	0.86	0.87
Non Current Assets Total	-0.46	0.42	0.79	0.87	0.64	0.46	0.97	0.64	-0.06	0.58	0.8	0.98	0.67	0.73	0.76		0.79	0.4	0.55	0.87	0.76	0.57	0.68	0.91	0.89	0.91
Non Currrent Assets Other	-0.49	0.1	1.0	0.6	0.34	0.07	0.68	0.23	-0.21	0.26	0.59	0.71	0.35	0.44	0.44	0.79		0.07	0.31	0.73	0.45	0.4	0.36	0.81	0.55	0.58
Total Liab	0.57	0.99	0.07	0.78	0.9	0.98	0.51	0.88	0.85	0.95	0.57	0.48	0.91	0.85	0.82	0.4	0.07		-0.17	0.32	0.84	0.79	0.9	0.34	0.5	0.51
Intangible Assets	-0.73	-0.12	0.31	0.3	0.17	-0.07	0.49	0.27	-0.55	0.08	0.46	0.49	0.17	0.28	0.3	0.55	0.31	-0.17		0.72	0.28	0.17	0.17	0.61	0.5	0.5
Common Stock Shares Outstanding	-0.44	0.35	0.73	0.79	0.65	0.38	0.83	0.64	-0.08	0.58	0.9	0.82	0.67	0.77	0.77	0.87	0.73	0.32	0.72		0.77	0.65	0.67	0.98	0.81	0.83
Net Invested Capital	0.13	0.84	0.45	0.97	0.95	0.87	0.82	0.93	0.51	0.96	0.89	0.78	0.99	1.0	0.98	0.76	0.45	0.84	0.28	0.77		0.86	0.99	0.78	0.8	0.82
Short Long Term Debt	0.27	0.82	0.4	0.82	0.93	0.78	0.61	0.82	0.59	0.88	0.75	0.6	0.88	0.87	0.9	0.57	0.4	0.79	0.17	0.65	0.86		0.85	0.64	0.61	0.62
Net Working Capital	0.25	0.9	0.36	0.95	0.96	0.92	0.74	0.93	0.6	0.98	0.82	0.7	1.0	0.99	0.95	0.68	0.36	0.9	0.17	0.67	0.99	0.85		0.68	0.72	0.74
Capital Stock	-0.41	0.37	0.81	0.82	0.65	0.41	0.89	0.63	-0.04	0.59	0.92	0.89	0.68	0.77	0.79	0.91	0.81	0.34	0.61	0.98	0.78	0.64	0.68		0.87	0.89
Property Plant And Equipment Net	-0.27	0.51	0.55	0.82	0.7	0.61	0.96	0.77	0.13	0.66	0.91	0.95	0.74	0.79	0.86	0.89	0.55	0.5	0.5	0.81	0.8	0.61	0.72	0.87		1.0
Property Plant And Equipment Gross	-0.27	0.52	0.58	0.84	0.72	0.61	0.97	0.77	0.14	0.67	0.92	0.96	0.76	0.81	0.87	0.91	0.58	0.51	0.5	0.83	0.82	0.62	0.74	0.89	1.0

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Beijing Quanshi Account Relationship Matchups

Beijing Quanshi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	292.1M	397.5M	351.6M	13.3M	12.0M	11.4M
Total Current Liabilities	368.7M	597.4M	599.2M	383.5M	286.3M	388.3M
Net Tangible Assets	335.3M	436.7M	1.0B	1.1B	1.2B	1.3B
Retained Earnings	287.7M	392.7M	414.4M	369.7M	330.0M	262.2M
Accounts Payable	60.2M	185.7M	229.0M	124.0M	52.9M	102.8M
Other Assets	626.1K	429.8K	1.8M	12.6M	14.5M	15.3M
Net Receivables	43.3M	116.3M	153.3M	147.0M	83.7M	83.2M
Other Current Assets	448.8M	704.2M	758.6M	93.5M	127.5M	121.1M
Total Current Assets	741.4M	1.5B	1.5B	1.2B	962.2M	881.8M
Property Plant Equipment	63.1M	58.6M	54.9M	152.8M	175.7M	184.5M
Total Assets	806.6M	1.6B	1.7B	1.4B	1.3B	1.1B
Total Stockholder Equity	437.9M	1.0B	1.1B	1.0B	1.0B	709.4M
Cash	219.3M	339.4M	516.3M	464.3M	436.0M	303.1M
Non Current Assets Total	65.1M	83.7M	194.6M	264.7M	333.3M	350.0M
Total Liab	368.7M	597.4M	600.1M	384.8M	294.0M	420.6M
Intangible Assets	1.1M	691.7K	680.7K	5.5M	3.2M	2.3M
Net Invested Capital	437.9M	1.0B	1.1B	1.0B	1.0B	804.2M
Net Working Capital	372.7M	952.3M	869.0M	781.8M	675.8M	629.0M

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Beijing Stock

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

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Beijing Change In Working Capital vs Free Cash Flow Analysis

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Working Capital

Free Cash Flow

Beijing Quanshi fundamental ratios Correlations

Beijing Quanshi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Quanshi fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

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COMPANY

Non Currrent Assets Other	+ 1.0	Other Liab
Net Working Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Current Liabilities
Property Plant Equipment	+ 0.99	Other Assets

Intangible Assets	- 0.73	Other Current Liab
Intangible Assets	- 0.55	Other Current Assets
Non Currrent Assets Other	- 0.49	Other Current Liab
Other Liab	- 0.49	Other Current Liab
Non Current Assets Total	- 0.46	Other Current Liab
Common Stock Shares Outstanding	- 0.44	Other Current Liab