Beijing Change To Netincome vs Other Non Cash Items 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 To Netincome and its Other Non Cash Items 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 To Netincome vs Other Non Cash Items

Change To Netincome vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Quanshi World Change To Netincome account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Beijing Quanshi's Change To Netincome and Other Non Cash Items is -0.19. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Other Non Cash Items 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 To Netincome and Other Non Cash Items 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 Netincome of Beijing Quanshi World are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Netincome i.e., Beijing Quanshi's Change To Netincome and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Other Non Cash Items

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 Profit187.4M117.5M113.5M168.2M
Total Revenue4.1B3.0B1.8B2.7B

Beijing Quanshi fundamental ratios Correlations

0.58-0.490.00.320.51-0.340.260.910.4-0.11-0.360.280.160.13-0.46-0.490.57-0.73-0.440.130.270.25-0.41-0.27-0.27
0.580.10.790.920.970.510.90.850.960.590.490.910.850.840.420.10.99-0.120.350.840.820.90.370.510.52
-0.490.10.60.340.070.680.23-0.210.260.590.710.350.440.440.791.00.070.310.730.450.40.360.810.550.58
0.00.790.60.910.80.890.880.40.90.850.870.940.960.940.870.60.780.30.790.970.820.950.820.820.84
0.320.920.340.910.90.70.940.660.980.80.680.980.960.960.640.340.90.170.650.950.930.960.650.70.72
0.510.970.070.80.90.580.930.80.950.650.540.930.880.870.460.070.98-0.070.380.870.780.920.410.610.61
-0.340.510.680.890.70.580.740.080.660.860.990.750.80.840.970.680.510.490.830.820.610.740.890.960.97
0.260.90.230.880.940.930.740.60.950.810.710.950.940.940.640.230.880.270.640.930.820.930.630.770.77
0.910.85-0.210.40.660.80.080.60.720.270.050.630.530.52-0.06-0.210.85-0.55-0.080.510.590.6-0.040.130.14
0.40.960.260.90.980.950.660.950.720.770.620.990.960.940.580.260.950.080.580.960.880.980.590.660.67
-0.110.590.590.850.80.650.860.810.270.770.840.840.90.920.80.590.570.460.90.890.750.820.920.910.92
-0.360.490.710.870.680.540.990.710.050.620.840.710.760.810.980.710.480.490.820.780.60.70.890.950.96
0.280.910.350.940.980.930.750.950.630.990.840.710.990.970.670.350.910.170.670.990.881.00.680.740.76
0.160.850.440.960.960.880.80.940.530.960.90.760.990.980.730.440.850.280.771.00.870.990.770.790.81
0.130.840.440.940.960.870.840.940.520.940.920.810.970.980.760.440.820.30.770.980.90.950.790.860.87
-0.460.420.790.870.640.460.970.64-0.060.580.80.980.670.730.760.790.40.550.870.760.570.680.910.890.91
-0.490.11.00.60.340.070.680.23-0.210.260.590.710.350.440.440.790.070.310.730.450.40.360.810.550.58
0.570.990.070.780.90.980.510.880.850.950.570.480.910.850.820.40.07-0.170.320.840.790.90.340.50.51
-0.73-0.120.310.30.17-0.070.490.27-0.550.080.460.490.170.280.30.550.31-0.170.720.280.170.170.610.50.5
-0.440.350.730.790.650.380.830.64-0.080.580.90.820.670.770.770.870.730.320.720.770.650.670.980.810.83
0.130.840.450.970.950.870.820.930.510.960.890.780.991.00.980.760.450.840.280.770.860.990.780.80.82
0.270.820.40.820.930.780.610.820.590.880.750.60.880.870.90.570.40.790.170.650.860.850.640.610.62
0.250.90.360.950.960.920.740.930.60.980.820.71.00.990.950.680.360.90.170.670.990.850.680.720.74
-0.410.370.810.820.650.410.890.63-0.040.590.920.890.680.770.790.910.810.340.610.980.780.640.680.870.89
-0.270.510.550.820.70.610.960.770.130.660.910.950.740.790.860.890.550.50.50.810.80.610.720.871.0
-0.270.520.580.840.720.610.970.770.140.670.920.960.760.810.870.910.580.510.50.830.820.620.740.891.0
Click cells to compare fundamentals

Beijing Quanshi Account Relationship Matchups

Beijing Quanshi fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab292.1M397.5M351.6M13.3M12.0M11.4M
Total Current Liabilities368.7M597.4M599.2M383.5M286.3M388.3M
Net Tangible Assets335.3M436.7M1.0B1.1B1.2B1.3B
Retained Earnings287.7M392.7M414.4M369.7M330.0M262.2M
Accounts Payable60.2M185.7M229.0M124.0M52.9M102.8M
Other Assets626.1K429.8K1.8M12.6M14.5M15.3M
Net Receivables43.3M116.3M153.3M147.0M83.7M83.2M
Other Current Assets448.8M704.2M758.6M93.5M127.5M121.1M
Total Current Assets741.4M1.5B1.5B1.2B962.2M881.8M
Property Plant Equipment63.1M58.6M54.9M152.8M175.7M184.5M
Total Assets806.6M1.6B1.7B1.4B1.3B1.1B
Total Stockholder Equity437.9M1.0B1.1B1.0B1.0B709.4M
Cash219.3M339.4M516.3M464.3M436.0M303.1M
Non Current Assets Total65.1M83.7M194.6M264.7M333.3M350.0M
Total Liab368.7M597.4M600.1M384.8M294.0M420.6M
Intangible Assets1.1M691.7K680.7K5.5M3.2M2.3M
Net Invested Capital437.9M1.0B1.1B1.0B1.0B804.2M
Net Working Capital372.7M952.3M869.0M781.8M675.8M629.0M

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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.