Beijing Net Tangible Assets vs Accounts Payable Analysis

300036 Stock   19.01  0.38  2.04%   
Beijing SuperMap financial indicator trend analysis is way more than just evaluating Beijing SuperMap Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing SuperMap Software is a good investment. Please check the relationship between Beijing SuperMap Net Tangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing SuperMap Software. 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.

Net Tangible Assets vs Accounts Payable

Net Tangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing SuperMap Software Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing SuperMap's Net Tangible Assets and Accounts Payable is 0.83. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Beijing SuperMap Software, assuming nothing else is changed. The correlation between historical values of Beijing SuperMap's Net Tangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Beijing SuperMap Software are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Beijing SuperMap's Net Tangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accounts Payable

An accounting item on the balance sheet that represents Beijing SuperMap obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Beijing SuperMap Software are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Beijing SuperMap's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing SuperMap Software 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 SuperMap Software. 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 11.9 M, whereas Selling General Administrative is forecasted to decline to about 211.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B742.7M1.1B886.2M
Research Development217.3M251.0M262.5M218.7M

Beijing SuperMap fundamental ratios Correlations

0.590.981.00.170.850.930.880.940.88-0.470.990.960.940.55-0.020.860.80.830.920.80.880.77-0.870.620.96
0.590.650.55-0.030.720.310.760.430.680.00.650.390.450.4-0.110.570.570.540.580.430.360.09-0.480.270.68
0.980.650.970.050.830.870.890.930.86-0.421.00.940.890.53-0.140.910.750.830.920.760.830.75-0.810.570.97
1.00.550.970.190.840.940.870.930.88-0.480.980.950.950.550.010.840.810.820.910.80.90.78-0.880.640.95
0.17-0.030.050.190.180.260.070.140.23-0.330.120.110.39-0.020.94-0.170.50.240.00.230.30.1-0.440.180.05
0.850.720.830.840.180.720.960.70.97-0.280.850.70.810.60.060.610.870.810.810.570.670.4-0.80.420.87
0.930.310.870.940.260.720.720.910.81-0.60.880.950.940.510.080.710.740.780.830.760.950.89-0.850.660.84
0.880.760.890.870.070.960.720.760.94-0.20.890.750.810.62-0.060.730.780.760.870.660.670.46-0.770.470.92
0.940.430.930.930.140.70.910.760.74-0.550.930.970.890.52-0.120.870.630.690.850.780.840.83-0.760.620.87
0.880.680.860.880.230.970.810.940.74-0.330.870.760.870.630.120.630.870.840.860.670.80.55-0.860.550.89
-0.470.0-0.42-0.48-0.33-0.28-0.6-0.2-0.55-0.33-0.44-0.57-0.5-0.15-0.14-0.38-0.35-0.29-0.48-0.58-0.6-0.610.48-0.49-0.44
0.990.651.00.980.120.850.880.890.930.87-0.440.940.910.53-0.070.890.780.840.910.770.840.74-0.840.580.97
0.960.390.940.950.110.70.950.750.970.76-0.570.940.910.47-0.110.870.660.740.880.80.90.9-0.80.660.9
0.940.450.890.950.390.810.940.810.890.87-0.50.910.910.50.220.670.890.760.80.720.930.75-0.960.730.85
0.550.40.530.55-0.020.60.510.620.520.63-0.150.530.470.5-0.10.420.380.450.570.440.430.34-0.420.30.55
-0.02-0.11-0.140.010.940.060.08-0.06-0.120.12-0.14-0.07-0.110.22-0.1-0.370.410.14-0.150.090.17-0.06-0.330.11-0.11
0.860.570.910.84-0.170.610.710.730.870.63-0.380.890.870.670.42-0.370.440.640.880.790.660.72-0.560.460.9
0.80.570.750.810.50.870.740.780.630.87-0.350.780.660.890.380.410.440.780.630.490.770.44-0.940.550.72
0.830.540.830.820.240.810.780.760.690.84-0.290.840.740.760.450.140.640.780.740.570.710.62-0.720.250.81
0.920.580.920.910.00.810.830.870.850.86-0.480.910.880.80.57-0.150.880.630.740.890.80.73-0.750.590.98
0.80.430.760.80.230.570.760.660.780.67-0.580.770.80.720.440.090.790.490.570.890.790.75-0.680.640.85
0.880.360.830.90.30.670.950.670.840.8-0.60.840.90.930.430.170.660.770.710.80.790.88-0.920.830.82
0.770.090.750.780.10.40.890.460.830.55-0.610.740.90.750.34-0.060.720.440.620.730.750.88-0.660.650.7
-0.87-0.48-0.81-0.88-0.44-0.8-0.85-0.77-0.76-0.860.48-0.84-0.8-0.96-0.42-0.33-0.56-0.94-0.72-0.75-0.68-0.92-0.66-0.79-0.8
0.620.270.570.640.180.420.660.470.620.55-0.490.580.660.730.30.110.460.550.250.590.640.830.65-0.790.57
0.960.680.970.950.050.870.840.920.870.89-0.440.970.90.850.55-0.110.90.720.810.980.850.820.7-0.80.57
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Beijing SuperMap Account Relationship Matchups

Beijing SuperMap fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.6B4.8B4.4B4.5B4.7B
Other Current Liab396.0M1.0B1.1B1.0B30.9M29.4M
Total Current Liabilities923.0M1.4B1.6B1.6B1.5B1.6B
Total Stockholder Equity2.1B2.1B3.2B2.8B3.0B3.2B
Other Liab98.3M9.3M24.7M22.8M26.2M40.5M
Retained Earnings845.2M813.8M1.1B618.5M760.4M408.6M
Accounts Payable299.9M168.6M268.1M336.8M395.7M415.4M
Cash846.4M1.1B1.4B930.1M1.1B591.5M
Other Assets138.7M196.3M230.3M253.6M291.7M306.3M
Net Receivables696.5M624.0M747.1M673.7M715.6M364.0M
Other Current Assets18.1M35.0M16.2M4.9M1.2M1.2M
Total Liab937.8M1.4B1.7B1.6B1.5B1.6B
Intangible Assets172.4M194.8M241.5M295.2M356.8M374.7M
Property Plant Equipment229.1M249.2M240.4M271.2M311.9M168.4M
Long Term Debt7.8M2.6M1.2M1.9M2.0M1.9M
Inventory8.5M326.2M487.3M496.3M446.5M468.8M
Net Tangible Assets1.2B1.2B2.2B2.1B2.4B1.4B
Short Term Investments3.0M53.0M625.0M798.0M757.0M387.8M
Other Stockholder Equity(4.0M)(5.3M)(5.0M)(2.2M)(2.5M)(2.7M)
Deferred Long Term Liab2.0M1.1M1.2M5.5M6.3M6.6M
Short Long Term Debt7.3M7.0M5.7M11.8M10.4M8.9M
Total Current Assets1.8B2.2B3.4B3.0B3.1B2.2B
Non Current Assets Total1.3B1.3B1.5B1.4B1.4B1.4B
Non Currrent Assets Other1.2B1.3B50M144.5K112.8K107.2K
Non Current Liabilities Total14.8M27.3M30.1M7.5M12.5M11.8M
Net Invested Capital2.1B2.2B3.2B2.8B3.0B2.7B
Net Working Capital869.6M832.3M1.8B1.4B1.6B1.3B

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Other Information on Investing in Beijing Stock

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