Beijing Change To Account Receivables vs Other Non Cash Items Analysis

300895 Stock   53.27  5.65  11.86%   
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 Change To Account Receivables and its Other Non Cash Items 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.

Change To Account Receivables vs Other Non Cash Items

Change To Account Receivables vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Topnew Info Change To Account Receivables account and Other Non Cash Items. At this time, the significance of the direction appears to have weak relationship.
The correlation between Beijing Topnew's Change To Account Receivables and Other Non Cash Items is 0.33. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Other Non Cash Items 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 Change To Account Receivables and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Beijing Topnew Info are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Account Receivables i.e., Beijing Topnew's Change To Account Receivables and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Account Receivables

Other Non Cash Items

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 Tax Provision is expected to grow to about (20.3 M). In addition to that, Selling General Administrative is expected to decline to about 9.2 M
 2022 2023 2024 2025 (projected)
Interest Income4.5M2.7M2.4M2.3M
Net Interest Income3.4M2.4M2.1M2.0M

Beijing Topnew fundamental ratios Correlations

0.31-0.120.210.0-0.09-0.04-0.04-0.080.220.09-0.14-0.21-0.08-0.150.22-0.140.28-0.13-0.23-0.17-0.16-0.27-0.280.04-0.33
0.310.720.830.930.740.660.840.870.80.920.630.590.810.730.750.671.00.650.570.730.80.540.470.70.4
-0.120.720.710.720.970.860.810.660.920.90.980.910.980.990.610.980.720.950.960.980.920.920.840.320.8
0.210.830.710.860.730.630.860.80.710.880.590.470.770.730.660.650.820.670.510.710.810.410.330.640.17
0.00.930.720.860.730.630.890.980.670.910.610.550.80.740.690.650.930.640.560.740.860.520.450.80.37
-0.090.740.970.730.730.840.850.680.890.870.940.880.980.980.540.990.740.980.930.980.870.90.790.390.75
-0.040.660.860.630.630.840.850.490.810.780.890.830.850.850.330.850.670.790.860.850.780.850.880.380.71
-0.040.840.810.860.890.850.850.80.730.870.750.70.870.840.440.80.850.780.710.840.850.680.630.730.48
-0.080.870.660.80.980.680.490.80.570.850.530.480.750.690.710.60.870.60.50.690.820.460.360.770.32
0.220.80.920.710.670.890.810.730.570.90.890.840.910.890.710.880.790.860.860.890.840.810.740.270.7
0.090.920.90.880.910.870.780.870.850.90.820.760.940.90.80.830.920.820.780.890.960.720.650.540.56
-0.140.630.980.590.610.940.890.750.530.890.820.920.930.950.480.960.630.930.980.950.830.970.910.240.87
-0.210.590.910.470.550.880.830.70.480.840.760.920.90.920.480.930.610.90.960.930.820.950.930.120.86
-0.080.810.980.770.80.980.850.870.750.910.940.930.90.990.660.970.810.960.930.990.950.880.80.410.73
-0.150.730.990.730.740.980.850.840.690.890.90.950.920.990.610.990.740.980.951.00.930.910.830.340.76
0.220.750.610.660.690.540.330.440.710.710.80.480.480.660.610.510.740.530.470.60.760.390.30.220.29
-0.140.670.980.650.650.990.850.80.60.880.830.960.930.970.990.510.670.990.970.990.860.940.850.270.8
0.281.00.720.820.930.740.670.850.870.790.920.630.610.810.740.740.670.650.580.730.810.550.490.70.41
-0.130.650.950.670.640.980.790.780.60.860.820.930.90.960.980.530.990.650.940.980.850.890.790.250.75
-0.230.570.960.510.560.930.860.710.50.860.780.980.960.930.950.470.970.580.940.960.830.990.940.150.9
-0.170.730.980.710.740.980.850.840.690.890.890.950.930.991.00.60.990.730.980.960.930.910.840.320.77
-0.160.80.920.810.860.870.780.850.820.840.960.830.820.950.930.760.860.810.850.830.930.770.720.430.61
-0.270.540.920.410.520.90.850.680.460.810.720.970.950.880.910.390.940.550.890.990.910.770.970.160.95
-0.280.470.840.330.450.790.880.630.360.740.650.910.930.80.830.30.850.490.790.940.840.720.970.090.91
0.040.70.320.640.80.390.380.730.770.270.540.240.120.410.340.220.270.70.250.150.320.430.160.090.06
-0.330.40.80.170.370.750.710.480.320.70.560.870.860.730.760.290.80.410.750.90.770.610.950.910.06
Click cells to compare fundamentals

Beijing Topnew Account Relationship Matchups

Beijing Topnew fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab24.4M29.9M37.4M4.9M4.4M4.2M
Total Current Liabilities222.2M346.2M141.1M98.6M113.4M149.7M
Net Tangible Assets537.4M868.0M917.6M843.6M970.2M524.6M
Retained Earnings223.1M267.7M192.7M46.3M53.3M50.6M
Accounts Payable196.1M307.5M93.3M45.0M51.8M92.1M
Other Assets168.3M174.6M232.6M179.3M206.2M110.3M
Net Receivables45.5M153.7M197.2M105.7M121.6M78.9M
Inventory76.6M225.9M141.1M54.5M62.7M74.7M
Other Current Assets145.6M182.5M29.1M21.6M24.8M49.6M
Deferred Long Term Liab20.9M25.6M27.6M25.5M29.3M20.2M
Total Current Assets724.9M817.0M540.2M386.6M444.6M438.6M
Common Stock72.7M97.0M116.4M128.0M147.2M77.6M
Property Plant Equipment180.0M221.6M253.2M313.9M361.0M379.0M
Total Assets1.4B1.5B1.3B1.1B1.3B991.9M
Total Stockholder Equity1.1B1.2B1.1B968.0M1.1B790.7M
Cash440.8M254.9M170.3M185.4M213.2M256.6M
Non Current Assets Total646.6M731.2M737.0M720.5M828.6M502.9M
Non Current Liabilities Total10.3M7.3M9.3M4.3M5.0M4.3M
Total Liab222.2M353.5M150.3M102.9M118.4M168.8M
Intangible Assets250.4M245.4M243.8M242.6M279.0M171.7M
Common Stock Shares Outstanding58.8M87.3M116.4M140.8M161.9M111.1M
Net Invested Capital1.1B1.2B1.1B975.2M1.1B884.0M
Net Working Capital502.7M470.8M399.2M288.0M331.2M353.4M
Capital Stock97.0M116.4M128.0M140.8M161.9M110.7M
Property Plant And Equipment Net221.6M253.2M313.9M282.3M324.6M275.2M
Non Currrent Assets Other17.0M76.0M13.4M7.2M6.5M6.2M
Property Plant And Equipment Gross277.9M332.9M313.9M436.5M502.0M347.3M

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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.