Beijing Total Current Assets vs Other Current Assets Analysis

002995 Stock   20.41  0.21  1.04%   
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 Total Current Assets and its Other Current Assets 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.

Total Current Assets vs Other Current Assets

Total Current Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Quanshi World Total Current Assets account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beijing Quanshi's Total Current Assets and Other Current Assets is 0.67. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Assets 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 Total Current Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Beijing Quanshi World are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Assets i.e., Beijing Quanshi's Total Current Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Tax Provision is expected to grow to about (3 M). In addition to that, Selling General Administrative is expected to decline to about 19.8 M
 2022 2023 2024 2025 (projected)
Gross Profit117.5M113.5M102.1M168.2M
Total Revenue3.0B1.8B2.1B2.7B

Beijing Quanshi fundamental ratios Correlations

0.52-0.43-0.090.180.48-0.410.180.890.28-0.21-0.420.140.02-0.01-0.54-0.430.53-0.76-0.51-0.010.160.13-0.5-0.37-0.38
0.520.150.780.90.970.510.90.840.940.580.490.880.810.790.390.150.99-0.090.360.80.820.870.330.480.48
-0.430.150.540.360.090.610.26-0.160.30.50.640.390.440.440.721.00.150.350.610.460.360.380.670.560.58
-0.090.780.540.930.770.90.890.360.910.860.880.950.960.950.860.540.770.380.810.970.830.960.790.840.85
0.180.90.360.930.850.740.940.580.980.840.720.980.970.960.660.360.860.270.710.950.940.970.680.740.75
0.480.970.090.770.850.550.910.80.930.610.520.880.80.80.390.090.98-0.060.350.80.750.880.310.530.53
-0.410.510.610.90.740.550.750.040.690.880.990.780.830.860.960.610.50.560.850.850.640.780.860.970.97
0.180.90.260.890.940.910.750.570.950.820.730.950.930.930.620.260.870.320.660.920.840.930.60.760.76
0.890.84-0.160.360.580.80.040.570.670.210.020.560.440.43-0.11-0.160.84-0.55-0.120.420.540.54-0.10.060.06
0.280.940.30.910.980.930.690.950.670.80.660.990.950.930.590.30.930.170.630.950.890.980.590.680.69
-0.210.580.50.860.840.610.880.820.210.80.860.870.930.940.810.50.560.550.910.920.770.850.910.940.95
-0.420.490.640.880.720.520.990.730.020.660.860.750.80.840.970.640.470.560.840.820.630.740.860.960.96
0.140.880.390.950.980.880.780.950.560.990.870.750.990.970.690.390.870.270.730.990.91.00.70.770.78
0.020.810.440.960.970.80.830.930.440.950.930.80.990.980.760.440.790.380.821.00.890.980.80.830.84
-0.010.790.440.950.960.80.860.930.430.930.940.840.970.980.780.440.770.40.820.980.910.960.810.880.89
-0.540.390.720.860.660.390.960.62-0.110.590.810.970.690.760.780.720.370.60.880.780.590.690.90.90.91
-0.430.151.00.540.360.090.610.26-0.160.30.50.640.390.440.440.720.150.350.610.460.360.380.670.560.58
0.530.990.150.770.860.980.50.870.840.930.560.470.870.790.770.370.15-0.140.310.790.780.870.290.460.46
-0.76-0.090.350.380.27-0.060.560.32-0.550.170.550.560.270.380.40.60.35-0.140.780.390.260.270.660.590.59
-0.510.360.610.810.710.350.850.66-0.120.630.910.840.730.820.820.880.610.310.780.830.680.720.970.870.89
-0.010.80.460.970.950.80.850.920.420.950.920.820.991.00.980.780.460.790.390.830.870.980.80.840.85
0.160.820.360.830.940.750.640.840.540.890.770.630.90.890.910.590.360.780.260.680.870.870.650.660.67
0.130.870.380.960.970.880.780.930.540.980.850.741.00.980.960.690.380.870.270.720.980.870.690.750.77
-0.50.330.670.790.680.310.860.6-0.10.590.910.860.70.80.810.90.670.290.660.970.80.650.690.890.91
-0.370.480.560.840.740.530.970.760.060.680.940.960.770.830.880.90.560.460.590.870.840.660.750.891.0
-0.380.480.580.850.750.530.970.760.060.690.950.960.780.840.890.910.580.460.590.890.850.670.770.911.0
Click cells to compare fundamentals

Beijing Quanshi Account Relationship Matchups

Beijing Quanshi fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab397.5M351.6M13.3M12.0M10.8M10.3M
Total Current Liabilities597.4M599.2M383.5M286.3M329.3M388.3M
Net Tangible Assets335.3M436.7M1.0B1.1B1.2B1.3B
Retained Earnings392.7M414.4M369.7M330.0M379.5M262.2M
Accounts Payable185.7M229.0M124.0M52.9M60.8M102.8M
Other Assets626.1K429.8K1.8M12.6M14.5M15.3M
Net Receivables116.3M153.3M147.0M83.7M96.2M83.2M
Other Current Assets704.2M758.6M93.5M127.5M146.6M139.3M
Total Current Assets1.5B1.5B1.2B962.2M1.1B881.8M
Property Plant Equipment63.1M58.6M54.9M152.8M175.7M184.5M
Total Assets1.6B1.7B1.4B1.3B1.5B1.1B
Total Stockholder Equity1.0B1.1B1.0B1.0B1.2B709.4M
Cash339.4M516.3M464.3M436.0M501.4M303.1M
Non Current Assets Total83.7M194.6M264.7M333.3M383.3M402.5M
Total Liab597.4M600.1M384.8M294.0M338.0M420.6M
Intangible Assets691.7K680.7K5.5M3.2M3.7M2.3M
Net Invested Capital1.0B1.1B1.0B1.0B1.2B804.2M
Net Working Capital952.3M869.0M781.8M675.8M777.2M629.0M
Capital Stock64.7M91.4M126.8M177.5M204.1M102.2M
Property Plant And Equipment Net54.9M152.8M143.5M141.0M162.2M121.2M
Property Plant And Equipment Gross80.9M180.9M172.5M174.1M200.2M151.4M

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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.