Beijing Gross Profit vs Selling General Administrative Analysis

300858 Stock   16.47  0.25  1.54%   
Beijing Scitop financial indicator trend analysis is way more than just evaluating Beijing Scitop Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Scitop Bio is a good investment. Please check the relationship between Beijing Scitop Gross Profit and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Scitop Bio. 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.

Gross Profit vs Selling General Administrative

Gross Profit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Scitop Bio Gross Profit account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Beijing Scitop's Gross Profit and Selling General Administrative is -0.8. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Beijing Scitop Bio, assuming nothing else is changed. The correlation between historical values of Beijing Scitop's Gross Profit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Beijing Scitop Bio are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., Beijing Scitop's Gross Profit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Beijing Scitop Bio minus its cost of goods sold. It is profit before Beijing Scitop operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Selling General Administrative

Most indicators from Beijing Scitop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Scitop Bio 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 Scitop Bio. 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 11.7 M, whereas Selling General Administrative is forecasted to decline to about 27.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit183.5M191.9M163.3M174.1M
Total Revenue364.6M369.2M299.2M349.6M

Beijing Scitop fundamental ratios Correlations

0.050.241.0-0.780.910.940.010.790.80.70.780.2-0.420.70.590.550.64-0.89-0.70.970.850.960.890.781.0
0.050.620.050.3-0.16-0.04-0.120.49-0.36-0.37-0.130.010.51-0.250.53-0.540.520.180.390.210.290.12-0.17-0.280.06
0.240.620.23-0.250.240.140.110.510.120.090.290.06-0.040.040.44-0.070.84-0.140.160.350.230.160.110.090.26
1.00.050.23-0.780.910.940.020.790.80.70.780.2-0.420.70.590.550.63-0.9-0.70.970.850.960.890.781.0
-0.780.3-0.25-0.78-0.78-0.83-0.41-0.52-0.76-0.61-0.62-0.420.46-0.48-0.22-0.53-0.450.850.78-0.72-0.46-0.63-0.91-0.62-0.77
0.91-0.160.240.91-0.780.86-0.060.680.960.890.910.07-0.750.870.530.790.61-0.91-0.680.870.770.840.810.940.92
0.94-0.040.140.94-0.830.860.210.780.760.590.630.44-0.380.620.60.470.49-0.96-0.80.930.790.880.970.720.93
0.01-0.120.110.02-0.41-0.060.210.21-0.14-0.32-0.240.870.29-0.45-0.18-0.38-0.17-0.25-0.490.1-0.29-0.20.32-0.31-0.03
0.790.490.510.79-0.520.680.780.210.490.350.560.43-0.140.430.720.130.7-0.75-0.560.890.80.750.680.490.78
0.8-0.360.120.8-0.760.960.76-0.140.490.960.92-0.06-0.870.930.340.920.51-0.84-0.650.710.680.760.750.980.82
0.7-0.370.090.7-0.610.890.59-0.320.350.960.95-0.3-0.920.940.240.970.48-0.68-0.490.590.590.670.570.960.72
0.78-0.130.290.78-0.620.910.63-0.240.560.920.95-0.23-0.790.870.320.840.64-0.7-0.50.710.670.740.590.90.8
0.20.010.060.2-0.420.070.440.870.43-0.06-0.3-0.230.31-0.260.15-0.36-0.07-0.45-0.610.290.070.080.5-0.150.15
-0.420.51-0.04-0.420.46-0.75-0.380.29-0.14-0.87-0.92-0.790.31-0.87-0.15-0.95-0.30.540.35-0.33-0.36-0.38-0.37-0.87-0.45
0.7-0.250.040.7-0.480.870.62-0.450.430.930.940.87-0.26-0.870.420.910.48-0.7-0.460.610.750.750.570.980.73
0.590.530.440.59-0.220.530.6-0.180.720.340.240.320.15-0.150.420.120.63-0.51-0.10.710.710.610.410.440.61
0.55-0.54-0.070.55-0.530.790.47-0.380.130.920.970.84-0.36-0.950.910.120.3-0.58-0.410.410.460.540.480.920.58
0.640.520.840.63-0.450.610.49-0.170.70.510.480.64-0.07-0.30.480.630.3-0.47-0.10.680.680.630.430.520.66
-0.890.18-0.14-0.90.85-0.91-0.96-0.25-0.75-0.84-0.68-0.7-0.450.54-0.7-0.51-0.58-0.470.87-0.87-0.75-0.82-0.95-0.8-0.88
-0.70.390.16-0.70.78-0.68-0.8-0.49-0.56-0.65-0.49-0.5-0.610.35-0.46-0.1-0.41-0.10.87-0.64-0.49-0.61-0.87-0.56-0.66
0.970.210.350.97-0.720.870.930.10.890.710.590.710.29-0.330.610.710.410.68-0.87-0.640.840.910.840.690.97
0.850.290.230.85-0.460.770.79-0.290.80.680.590.670.07-0.360.750.710.460.68-0.75-0.490.840.950.70.750.86
0.960.120.160.96-0.630.840.88-0.20.750.760.670.740.08-0.380.750.610.540.63-0.82-0.610.910.950.820.780.96
0.89-0.170.110.89-0.910.810.970.320.680.750.570.590.5-0.370.570.410.480.43-0.95-0.870.840.70.820.680.87
0.78-0.280.090.78-0.620.940.72-0.310.490.980.960.9-0.15-0.870.980.440.920.52-0.8-0.560.690.750.780.680.8
1.00.060.261.0-0.770.920.93-0.030.780.820.720.80.15-0.450.730.610.580.66-0.88-0.660.970.860.960.870.8
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Beijing Scitop Account Relationship Matchups

Beijing Scitop fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets466.0M999.2M1.0B1.8B1.8B974.0M
Other Current Liab7.7M5.8M21.5M36.9M1.4M1.4M
Total Current Liabilities63.7M64.4M62.5M85.3M58.6M72.0M
Total Stockholder Equity399.8M932.6M967.4M1.7B1.7B894.5M
Other Liab2.4M2.2M3.5M2.2M2.0M2.4M
Net Tangible Assets377.3M911.9M911.3M1.6B1.9B2.0B
Retained Earnings164.4M261.0M288.0M323.4M323.8M206.1M
Accounts Payable42.5M46.3M27.3M36.4M16.1M27.0M
Cash100.2M202.3M481.8M875.4M191.6M283.1M
Non Current Assets Total217.0M232.0M288.1M463.6M854.5M897.3M
Non Currrent Assets Other11.3M3.4M13.6M159.8M414.8M435.5M
Other Assets6.2M1.7M6.3M162.2M186.6M195.9M
Net Receivables107.5M119.9M115.1M103.3M65.4M79.4M
Non Current Liabilities Total2.4M2.2M10.9M8.7M18.5M19.4M
Inventory30.2M44.7M52.8M50.9M39.2M43.3M
Other Current Assets10.5M6.2M7.0M10.5M498.2M523.1M
Total Liab66.1M66.7M73.3M94.0M77.1M79.4M
Deferred Long Term Liab1.4M667.9K283.8K106.3K95.6K90.9K
Total Current Assets249.0M767.2M752.6M1.3B955.6M648.2M
Intangible Assets20.6M18.8M54.2M53.0M51.1M35.7M
Property Plant Equipment185.8M208.4M213.2M243.9M280.5M163.5M
Net Invested Capital399.8M932.6M967.4M1.7B1.7B993.2M
Net Working Capital185.3M702.8M690.1M1.2B896.9M635.3M

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Other Information on Investing in Beijing Stock

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