Beijing Capital Stock vs Property Plant Equipment Analysis

300895 Stock   34.51  0.13  0.38%   
Beijing Topnew financial indicator trend analysis is way more than just evaluating Beijing Topnew Info prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Topnew Info is a good investment. Please check the relationship between Beijing Topnew Capital Stock and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Topnew Info. 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.

Capital Stock vs Property Plant Equipment

Capital Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Topnew Info Capital Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beijing Topnew's Capital Stock and Property Plant Equipment is 0.96. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Beijing Topnew Info, assuming nothing else is changed. The correlation between historical values of Beijing Topnew's Capital Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Beijing Topnew Info are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Stock i.e., Beijing Topnew's Capital Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Property Plant Equipment

Most indicators from Beijing Topnew's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Topnew Info 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 Topnew Info. 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 26.9 M, whereas Tax Provision is projected to grow to (22.6 M).
 2021 2022 2023 2024 (projected)
Interest Income8.6M4.5M2.7M5.1M
Net Interest Income5.9M3.4M2.4M4.7M

Beijing Topnew fundamental ratios Correlations

0.32-0.070.20.02-0.040.02-0.03-0.060.290.12-0.08-0.16-0.02-0.090.24-0.070.3-0.06-0.18-0.12-0.12-0.2-0.210.01-0.27
0.320.750.830.910.760.680.840.850.820.930.660.610.840.770.750.711.00.690.60.760.810.620.530.710.51
-0.070.750.770.750.970.830.830.690.920.90.980.890.970.980.620.970.750.940.960.970.910.930.820.390.82
0.20.830.770.880.790.690.860.820.750.90.670.520.840.810.670.760.820.760.590.790.840.560.450.640.31
0.020.910.750.880.750.640.880.980.670.90.650.520.820.770.670.70.910.670.580.760.850.60.480.830.46
-0.040.760.970.790.750.820.870.70.880.870.940.870.970.980.530.990.760.980.930.970.860.910.770.460.78
0.020.680.830.690.640.820.870.50.790.770.870.810.840.830.320.830.690.770.840.830.770.870.890.450.73
-0.030.840.830.860.880.870.870.790.740.870.780.720.90.870.440.850.850.810.730.870.850.770.710.750.59
-0.060.850.690.820.980.70.50.790.580.840.570.450.770.730.680.650.850.640.520.720.810.530.390.80.41
0.290.820.920.750.670.880.790.740.580.90.890.830.90.880.710.870.810.840.850.870.830.820.710.320.72
0.120.930.90.90.90.870.770.870.840.90.820.760.950.910.80.850.920.830.770.910.960.770.670.580.62
-0.080.660.980.670.650.940.870.780.570.890.820.910.920.930.480.950.660.910.980.930.830.960.880.330.88
-0.160.610.890.520.520.870.810.720.450.830.760.910.880.90.480.910.620.880.950.910.810.960.920.180.9
-0.020.840.970.840.820.970.840.90.770.90.950.920.880.990.670.970.840.960.910.990.950.90.790.490.75
-0.090.770.980.810.770.980.830.870.730.880.910.930.90.990.630.990.770.970.931.00.940.920.810.420.76
0.240.750.620.670.670.530.320.440.680.710.80.480.480.670.630.530.730.540.470.620.770.420.310.240.33
-0.070.710.970.760.70.990.830.850.650.870.850.950.910.970.990.530.720.990.950.990.870.930.820.370.79
0.31.00.750.820.910.760.690.850.850.810.920.660.620.840.770.730.720.690.610.770.820.640.550.720.52
-0.060.690.940.760.670.980.770.810.640.840.830.910.880.960.970.540.990.690.910.970.850.890.750.330.73
-0.180.60.960.590.580.930.840.730.520.850.770.980.950.910.930.470.950.610.910.940.830.990.910.220.91
-0.120.760.970.790.760.970.830.870.720.870.910.930.910.991.00.620.990.770.970.940.940.920.820.410.78
-0.120.810.910.840.850.860.770.850.810.830.960.830.810.950.940.770.870.820.850.830.940.820.740.470.67
-0.20.620.930.560.60.910.870.770.530.820.770.960.960.90.920.420.930.640.890.990.920.820.950.290.94
-0.210.530.820.450.480.770.890.710.390.710.670.880.920.790.810.310.820.550.750.910.820.740.950.20.89
0.010.710.390.640.830.460.450.750.80.320.580.330.180.490.420.240.370.720.330.220.410.470.290.20.22
-0.270.510.820.310.460.780.730.590.410.720.620.880.90.750.760.330.790.520.730.910.780.670.940.890.22
Click cells to compare fundamentals

Beijing Topnew Account Relationship Matchups

Beijing Topnew fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab64.1M24.4M29.9M37.4M4.9M4.7M
Total Current Liabilities101.5M222.2M346.2M141.1M98.6M149.7M
Net Tangible Assets537.4M868.0M917.6M843.6M970.2M524.6M
Retained Earnings167.6M223.1M267.7M192.7M46.3M44.0M
Accounts Payable35.8M196.1M307.5M93.3M45.0M42.8M
Other Assets168.3M174.6M232.6M179.3M206.2M110.3M
Net Receivables47.3M45.5M153.7M197.2M105.7M78.9M
Inventory78.8M76.6M225.9M141.1M54.5M74.7M
Other Current Assets16.1M145.6M182.5M29.1M21.6M20.5M
Deferred Long Term Liab20.9M25.6M27.6M25.5M29.3M20.2M
Total Current Assets321.8M724.9M817.0M540.2M386.6M438.6M
Common Stock72.7M97.0M116.4M128.0M147.2M77.6M
Property Plant Equipment180.0M221.6M253.2M313.9M361.0M379.0M
Total Assets928.1M1.4B1.5B1.3B1.1B991.9M
Total Stockholder Equity795.3M1.1B1.2B1.1B968.0M790.7M
Cash179.5M440.8M254.9M170.3M185.4M256.6M
Non Current Assets Total606.3M646.6M731.2M737.0M720.5M502.9M
Total Liab101.5M222.2M353.5M150.3M102.9M168.8M
Intangible Assets258.0M250.4M245.4M243.8M242.6M171.7M
Common Stock Shares Outstanding58.8M87.3M116.4M140.8M161.9M111.1M
Net Invested Capital795.3M1.1B1.2B1.1B975.2M884.0M
Net Working Capital220.3M502.7M470.8M399.2M288.0M353.4M
Capital Stock72.7M97.0M116.4M128.0M140.8M110.7M

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Other Information on Investing in Beijing Stock

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