Beijing Good Will vs Other Assets Analysis

300383 Stock   10.85  0.17  1.54%   
Beijing Sinnet financial indicator trend analysis is way more than just evaluating Beijing Sinnet Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Sinnet Technology is a good investment. Please check the relationship between Beijing Sinnet Good Will and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Sinnet Technology. 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.

Good Will vs Other Assets

Good Will vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Sinnet Technology Good Will account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Beijing Sinnet's Good Will and Other Assets is 0.16. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Assets in the same time period over historical financial statements of Beijing Sinnet Technology, assuming nothing else is changed. The correlation between historical values of Beijing Sinnet's Good Will and Other 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 Good Will of Beijing Sinnet Technology are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Good Will i.e., Beijing Sinnet's Good Will and Other Assets go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Assets

Most indicators from Beijing Sinnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Sinnet Technology 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 Sinnet Technology. 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.
As of November 27, 2024, Selling General Administrative is expected to decline to about 43.3 M. In addition to that, Tax Provision is expected to decline to about 72.1 M
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.1B1.1B772.3M
Total Revenue7.7B7.2B7.8B8.2B

Beijing Sinnet fundamental ratios Correlations

0.580.981.00.990.860.940.990.931.00.690.880.890.890.970.360.991.00.990.970.970.750.780.70.890.98
0.580.560.570.650.390.40.670.520.61-0.060.330.350.570.630.50.640.580.50.530.620.550.560.370.470.67
0.980.560.980.970.770.980.970.940.980.650.880.870.860.970.260.950.960.970.960.960.790.770.650.790.97
1.00.570.980.980.860.950.980.921.00.680.880.90.880.970.350.990.990.990.960.970.750.760.710.870.97
0.990.650.970.980.80.930.990.950.990.620.880.840.880.980.310.970.980.970.970.970.820.840.60.851.0
0.860.390.770.860.80.740.810.670.860.670.690.890.840.780.510.880.880.860.780.810.510.50.790.960.77
0.940.40.980.950.930.740.920.940.930.740.910.890.810.950.090.90.930.960.950.910.770.740.580.760.93
0.990.670.970.980.990.810.920.920.990.60.850.870.880.980.320.970.990.960.940.980.760.770.670.870.99
0.930.520.940.920.950.670.940.920.910.720.960.760.780.940.120.890.910.940.980.870.850.910.40.740.95
1.00.610.981.00.990.860.930.990.910.640.850.890.90.970.380.991.00.980.960.980.750.760.720.890.98
0.69-0.060.650.680.620.670.740.60.720.640.880.690.530.62-0.040.640.680.770.730.560.370.590.370.680.59
0.880.330.880.880.880.690.910.850.960.850.880.760.710.860.070.850.870.930.940.790.70.870.390.750.87
0.890.350.870.90.840.890.890.870.760.890.690.760.890.880.210.860.90.890.820.890.580.490.760.890.82
0.890.570.860.880.880.840.810.880.780.90.530.710.890.870.420.880.890.860.840.890.670.640.670.880.87
0.970.630.970.970.980.780.950.980.940.970.620.860.880.870.190.940.970.950.950.960.830.770.580.840.98
0.360.50.260.350.310.510.090.320.120.38-0.040.070.210.420.190.470.350.310.260.330.090.210.60.430.31
0.990.640.950.990.970.880.90.970.890.990.640.850.860.880.940.470.980.980.950.950.710.770.730.890.96
1.00.580.960.990.980.880.930.990.911.00.680.870.90.890.970.350.980.980.960.970.750.760.70.920.97
0.990.50.970.990.970.860.960.960.940.980.770.930.890.860.950.310.980.980.980.940.730.80.660.880.96
0.970.530.960.960.970.780.950.940.980.960.730.940.820.840.950.260.950.960.980.920.820.880.530.820.97
0.970.620.960.970.970.810.910.980.870.980.560.790.890.890.960.330.950.970.940.920.720.70.730.860.96
0.750.550.790.750.820.510.770.760.850.750.370.70.580.670.830.090.710.750.730.820.720.790.190.560.84
0.780.560.770.760.840.50.740.770.910.760.590.870.490.640.770.210.770.760.80.880.70.790.160.60.85
0.70.370.650.710.60.790.580.670.40.720.370.390.760.670.580.60.730.70.660.530.730.190.160.710.57
0.890.470.790.870.850.960.760.870.740.890.680.750.890.880.840.430.890.920.880.820.860.560.60.710.83
0.980.670.970.971.00.770.930.990.950.980.590.870.820.870.980.310.960.970.960.970.960.840.850.570.83
Click cells to compare fundamentals

Beijing Sinnet Account Relationship Matchups

Beijing Sinnet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2B13.5B19.4B19.3B18.9B19.8B
Other Current Liab117.7M9.0M8.1M190.2M366.1M384.4M
Total Current Liabilities2.0B2.5B3.2B2.5B3.4B3.5B
Total Stockholder Equity8.3B9.2B13.0B12.1B12.5B13.1B
Property Plant And Equipment Net5.3B5.4B7.8B9.2B9.8B10.3B
Net Debt1.1B1.2B1.4B2.1B1.0B695.5M
Retained Earnings2.2B3.1B3.9B2.9B3.3B3.5B
Accounts Payable1.1B983.3M1.5B1.5B1.7B1.8B
Cash677.4M1.2B2.3B2.3B2.4B2.5B
Non Current Assets Total8.6B9.2B12.1B12.6B12.9B13.5B
Non Currrent Assets Other481.3M664.4M2.5B1.8B506.3M472.7M
Cash And Short Term Investments816.6M1.3B4.2B3.4B2.7B2.8B
Net Receivables2.6B2.9B2.9B3.0B2.7B1.4B
Common Stock Shares Outstanding1.5B1.5B1.5B1.8B2.1B1.4B
Liabilities And Stockholders Equity12.2B13.5B19.4B19.3B18.9B19.8B
Inventory8.7M9.8M10.7M14.1M13.9M14.6M
Other Current Assets145.8M170.0M237.0M303.2M648.2M332.5M
Other Stockholder Equity4.5B4.5B7.2B7.2B7.2B7.6B
Total Liab3.9B4.3B5.8B6.7B5.8B6.1B
Total Current Assets3.6B4.4B7.3B6.7B6.0B6.3B
Intangible Assets489.6M704.5M1.2B1.2B1.2B1.2B
Common Stock1.5B1.5B1.5B1.8B2.1B2.2B
Other Liab46.1M411.6M72.6M504.6M580.3M609.3M
Non Current Liabilities Total1.9B1.7B2.6B4.1B2.5B1.5B
Property Plant Equipment5.3B5.4B7.8B9.2B10.6B11.1B
Short Long Term Debt Total1.8B2.4B3.7B4.3B3.4B2.1B
Current Deferred Revenue320.1M477.3M383.0M103.7M115.4M191.8M
Short Term Debt424.8M1.1B1.3B683.1M1.2B1.2B
Short Term Investments139.2M80.2M1.9B1.1B265.3M325.2M
Net Tangible Assets5.5B6.1B9.5B9.8B11.3B5.9B
Long Term Debt1.9B1.3B2.3B3.4B2.1B2.1B
Deferred Long Term Liab212.9M271.1M515.3M551.5M634.2M665.9M
Short Long Term Debt424.8M1.1B1.2B384.3M965.8M594.3M
Non Current Liabilities Other1.5B1.5B1.4B30M27M25.7M
Net Invested Capital10.2B11.7B16.5B15.9B15.5B13.7B
Net Working Capital1.6B1.8B4.2B4.1B2.7B2.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Beijing Stock

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