Beijing Retained Earnings vs Total Current Liabilities Analysis

300383 Stock   13.86  1.41  9.23%   
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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Sinnet Technology Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beijing Sinnet's Retained Earnings and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Beijing Sinnet Technology are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Beijing Sinnet's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on Beijing Sinnet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beijing Sinnet Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.
The current year's Selling General Administrative is expected to grow to about 91.9 M, whereas Tax Provision is forecasted to decline to about 72.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.1B1.1B1.3B772.3M
Total Revenue7.2B7.8B9.0B9.4B

Beijing Sinnet fundamental ratios Correlations

0.670.981.00.990.830.950.990.941.00.630.90.960.890.970.480.991.00.990.970.970.810.830.620.870.99
0.670.670.670.740.40.540.750.650.7-0.030.470.570.620.720.620.720.670.610.650.660.650.650.310.510.72
0.980.670.990.980.730.980.980.960.980.580.90.960.860.980.410.960.970.970.970.950.840.820.560.780.98
1.00.670.990.980.820.960.990.941.00.630.90.970.890.970.470.990.990.990.970.970.80.820.630.850.99
0.990.740.980.980.750.940.990.960.990.550.90.930.870.980.460.970.980.970.980.950.860.880.510.831.0
0.830.40.730.820.750.720.770.650.820.670.690.830.850.750.510.840.850.830.750.830.540.530.780.960.78
0.950.540.980.960.940.720.940.950.940.680.930.960.820.960.250.920.940.960.960.920.830.790.520.760.95
0.990.750.980.990.990.770.940.940.990.540.870.950.880.980.460.980.990.970.960.970.810.830.580.840.99
0.940.650.960.940.960.650.950.940.930.640.960.870.790.950.310.910.930.950.980.870.890.930.340.740.96
1.00.70.981.00.990.820.940.990.930.590.880.960.90.970.50.991.00.980.960.980.810.810.640.870.99
0.63-0.030.580.630.550.670.680.540.640.590.820.630.520.56-0.030.590.630.710.660.560.360.570.370.660.58
0.90.470.90.90.90.690.930.870.960.880.820.840.740.880.220.870.890.940.950.820.760.90.350.760.9
0.960.570.960.970.930.830.960.950.870.960.630.840.880.960.330.930.970.950.910.970.760.680.680.860.94
0.890.620.860.890.870.850.820.880.790.90.520.740.880.870.470.880.90.870.840.90.710.680.630.90.88
0.970.720.980.970.980.750.960.980.950.970.560.880.960.870.350.950.970.960.960.950.870.820.510.820.99
0.480.620.410.470.460.510.250.460.310.5-0.030.220.330.470.350.580.470.430.410.450.280.380.570.450.45
0.990.720.960.990.970.840.920.980.910.990.590.870.930.880.950.580.980.980.960.950.780.820.650.870.98
1.00.670.970.990.980.850.940.990.931.00.630.890.970.90.970.470.980.990.960.980.80.810.630.90.99
0.990.610.970.990.970.830.960.970.950.980.710.940.950.870.960.430.980.990.980.950.790.840.590.860.98
0.970.650.970.970.980.750.960.960.980.960.660.950.910.840.960.410.960.960.980.920.860.910.460.80.98
0.970.660.950.970.950.830.920.970.870.980.560.820.970.90.950.450.950.980.950.920.740.720.70.870.96
0.810.650.840.80.860.540.830.810.890.810.360.760.760.710.870.280.780.80.790.860.740.820.170.610.85
0.830.650.820.820.880.530.790.830.930.810.570.90.680.680.820.380.820.810.840.910.720.820.140.640.87
0.620.310.560.630.510.780.520.580.340.640.370.350.680.630.510.570.650.630.590.460.70.170.140.680.54
0.870.510.780.850.830.960.760.840.740.870.660.760.860.90.820.450.870.90.860.80.870.610.640.680.85
0.990.720.980.991.00.780.950.990.960.990.580.90.940.880.990.450.980.990.980.980.960.850.870.540.85
Click cells to compare fundamentals

Beijing Sinnet Account Relationship Matchups

Beijing Sinnet fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.5B19.4B19.3B18.9B21.7B22.8B
Other Current Liab9.0M8.1M190.2M366.1M421.0M442.1M
Total Current Liabilities2.5B3.2B2.5B3.4B3.9B4.1B
Total Stockholder Equity9.2B13.0B12.1B12.5B14.4B15.1B
Property Plant And Equipment Net5.4B7.8B9.2B9.8B11.3B11.9B
Net Debt1.2B1.4B2.1B1.0B1.2B695.5M
Retained Earnings3.1B3.9B2.9B3.3B3.8B4.0B
Accounts Payable983.3M1.5B1.5B1.7B2.0B2.1B
Cash1.2B2.3B2.3B2.4B2.8B2.9B
Non Current Assets Total9.2B12.1B12.6B12.9B14.8B15.5B
Non Currrent Assets Other664.4M2.5B1.8B506.3M582.2M472.7M
Cash And Short Term Investments1.3B4.2B3.4B2.7B3.1B3.2B
Net Receivables2.9B2.9B3.0B2.7B3.1B3.2B
Common Stock Shares Outstanding1.5B1.5B1.5B1.8B2.1B1.4B
Liabilities And Stockholders Equity13.5B19.4B19.3B18.9B21.7B22.8B
Inventory9.8M10.7M14.1M13.9M16.0M16.8M
Other Current Assets170.0M237.0M303.2M648.2M745.5M782.7M
Other Stockholder Equity4.5B7.2B7.2B7.2B8.3B8.7B
Total Liab4.3B5.8B6.7B5.8B6.7B7.0B
Total Current Assets4.4B7.3B6.7B6.0B6.9B7.3B
Intangible Assets704.5M1.2B1.2B1.2B1.3B1.4B
Common Stock1.5B1.5B1.5B1.8B2.1B2.2B
Other Liab46.1M411.6M72.6M504.6M580.3M609.3M
Non Current Liabilities Total1.7B2.6B4.1B2.5B2.8B1.5B
Property Plant Equipment5.3B5.4B7.8B9.2B10.6B11.1B
Short Long Term Debt Total2.4B3.7B4.3B3.4B3.9B2.1B
Current Deferred Revenue477.3M383.0M103.7M115.4M132.7M191.8M
Short Term Debt1.1B1.3B683.1M1.2B1.3B1.4B
Short Term Investments80.2M1.9B1.1B265.3M305.2M325.2M
Net Tangible Assets5.5B6.1B9.5B9.8B11.3B5.9B
Long Term Debt1.3B2.3B3.4B2.1B2.4B2.1B
Deferred Long Term Liab212.9M271.1M515.3M551.5M634.2M665.9M
Short Long Term Debt1.1B1.2B384.3M965.8M1.1B594.3M
Net Invested Capital11.7B16.5B15.9B15.5B17.8B13.7B
Net Working Capital1.8B4.2B4.1B2.7B3.1B2.7B

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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.