Beijing Net Receivables vs Common Stock Shares Outstanding Analysis

300895 Stock

35.18 0.67 1.94%

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 Net Receivables and its Common Stock Shares Outstanding 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Topnew Info Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Beijing Topnew's Net Receivables and Common Stock Shares Outstanding is 0.84. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding 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 Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Beijing Topnew Info are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Beijing Topnew's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 Income	8.6M	4.5M	2.7M	5.1M
Net Interest Income	5.9M	3.4M	2.4M	4.7M

Interest Income Net Interest Income

Beijing Topnew fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Total Liab	Intangible Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Non Currrent Assets Other	Property Plant And Equipment Gross
Other Current Liab		0.32	-0.07	0.2	0.02	-0.04	0.02	-0.03	-0.06	0.29	0.12	-0.08	-0.16	-0.02	-0.09	0.24	-0.07	0.3	-0.06	-0.18	-0.12	-0.12	-0.2	-0.21	0.01	-0.27
Total Current Liabilities	0.32		0.75	0.83	0.91	0.76	0.68	0.84	0.85	0.82	0.93	0.66	0.61	0.84	0.77	0.75	0.71	1.0	0.69	0.6	0.76	0.81	0.62	0.53	0.71	0.51
Net Tangible Assets	-0.07	0.75		0.77	0.75	0.97	0.83	0.83	0.69	0.92	0.9	0.98	0.89	0.97	0.98	0.62	0.97	0.75	0.94	0.96	0.97	0.91	0.93	0.82	0.39	0.82
Retained Earnings	0.2	0.83	0.77		0.88	0.79	0.69	0.86	0.82	0.75	0.9	0.67	0.52	0.84	0.81	0.67	0.76	0.82	0.76	0.59	0.79	0.84	0.56	0.45	0.64	0.31
Accounts Payable	0.02	0.91	0.75	0.88		0.75	0.64	0.88	0.98	0.67	0.9	0.65	0.52	0.82	0.77	0.67	0.7	0.91	0.67	0.58	0.76	0.85	0.6	0.48	0.83	0.46
Other Assets	-0.04	0.76	0.97	0.79	0.75		0.82	0.87	0.7	0.88	0.87	0.94	0.87	0.97	0.98	0.53	0.99	0.76	0.98	0.93	0.97	0.86	0.91	0.77	0.46	0.78
Net Receivables	0.02	0.68	0.83	0.69	0.64	0.82		0.87	0.5	0.79	0.77	0.87	0.81	0.84	0.83	0.32	0.83	0.69	0.77	0.84	0.83	0.77	0.87	0.89	0.45	0.73
Inventory	-0.03	0.84	0.83	0.86	0.88	0.87	0.87		0.79	0.74	0.87	0.78	0.72	0.9	0.87	0.44	0.85	0.85	0.81	0.73	0.87	0.85	0.77	0.71	0.75	0.59
Other Current Assets	-0.06	0.85	0.69	0.82	0.98	0.7	0.5	0.79		0.58	0.84	0.57	0.45	0.77	0.73	0.68	0.65	0.85	0.64	0.52	0.72	0.81	0.53	0.39	0.8	0.41
Deferred Long Term Liab	0.29	0.82	0.92	0.75	0.67	0.88	0.79	0.74	0.58		0.9	0.89	0.83	0.9	0.88	0.71	0.87	0.81	0.84	0.85	0.87	0.83	0.82	0.71	0.32	0.72
Total Current Assets	0.12	0.93	0.9	0.9	0.9	0.87	0.77	0.87	0.84	0.9		0.82	0.76	0.95	0.91	0.8	0.85	0.92	0.83	0.77	0.91	0.96	0.77	0.67	0.58	0.62
Common Stock	-0.08	0.66	0.98	0.67	0.65	0.94	0.87	0.78	0.57	0.89	0.82		0.91	0.92	0.93	0.48	0.95	0.66	0.91	0.98	0.93	0.83	0.96	0.88	0.33	0.88
Property Plant Equipment	-0.16	0.61	0.89	0.52	0.52	0.87	0.81	0.72	0.45	0.83	0.76	0.91		0.88	0.9	0.48	0.91	0.62	0.88	0.95	0.91	0.81	0.96	0.92	0.18	0.9
Total Assets	-0.02	0.84	0.97	0.84	0.82	0.97	0.84	0.9	0.77	0.9	0.95	0.92	0.88		0.99	0.67	0.97	0.84	0.96	0.91	0.99	0.95	0.9	0.79	0.49	0.75
Total Stockholder Equity	-0.09	0.77	0.98	0.81	0.77	0.98	0.83	0.87	0.73	0.88	0.91	0.93	0.9	0.99		0.63	0.99	0.77	0.97	0.93	1.0	0.94	0.92	0.81	0.42	0.76
Cash	0.24	0.75	0.62	0.67	0.67	0.53	0.32	0.44	0.68	0.71	0.8	0.48	0.48	0.67	0.63		0.53	0.73	0.54	0.47	0.62	0.77	0.42	0.31	0.24	0.33
Non Current Assets Total	-0.07	0.71	0.97	0.76	0.7	0.99	0.83	0.85	0.65	0.87	0.85	0.95	0.91	0.97	0.99	0.53		0.72	0.99	0.95	0.99	0.87	0.93	0.82	0.37	0.79
Total Liab	0.3	1.0	0.75	0.82	0.91	0.76	0.69	0.85	0.85	0.81	0.92	0.66	0.62	0.84	0.77	0.73	0.72		0.69	0.61	0.77	0.82	0.64	0.55	0.72	0.52
Intangible Assets	-0.06	0.69	0.94	0.76	0.67	0.98	0.77	0.81	0.64	0.84	0.83	0.91	0.88	0.96	0.97	0.54	0.99	0.69		0.91	0.97	0.85	0.89	0.75	0.33	0.73
Common Stock Shares Outstanding	-0.18	0.6	0.96	0.59	0.58	0.93	0.84	0.73	0.52	0.85	0.77	0.98	0.95	0.91	0.93	0.47	0.95	0.61	0.91		0.94	0.83	0.99	0.91	0.22	0.91
Net Invested Capital	-0.12	0.76	0.97	0.79	0.76	0.97	0.83	0.87	0.72	0.87	0.91	0.93	0.91	0.99	1.0	0.62	0.99	0.77	0.97	0.94		0.94	0.92	0.82	0.41	0.78
Net Working Capital	-0.12	0.81	0.91	0.84	0.85	0.86	0.77	0.85	0.81	0.83	0.96	0.83	0.81	0.95	0.94	0.77	0.87	0.82	0.85	0.83	0.94		0.82	0.74	0.47	0.67
Capital Stock	-0.2	0.62	0.93	0.56	0.6	0.91	0.87	0.77	0.53	0.82	0.77	0.96	0.96	0.9	0.92	0.42	0.93	0.64	0.89	0.99	0.92	0.82		0.95	0.29	0.94
Property Plant And Equipment Net	-0.21	0.53	0.82	0.45	0.48	0.77	0.89	0.71	0.39	0.71	0.67	0.88	0.92	0.79	0.81	0.31	0.82	0.55	0.75	0.91	0.82	0.74	0.95		0.2	0.89
Non Currrent Assets Other	0.01	0.71	0.39	0.64	0.83	0.46	0.45	0.75	0.8	0.32	0.58	0.33	0.18	0.49	0.42	0.24	0.37	0.72	0.33	0.22	0.41	0.47	0.29	0.2		0.22
Property Plant And Equipment Gross	-0.27	0.51	0.82	0.31	0.46	0.78	0.73	0.59	0.41	0.72	0.62	0.88	0.9	0.75	0.76	0.33	0.79	0.52	0.73	0.91	0.78	0.67	0.94	0.89	0.22

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Beijing Topnew Account Relationship Matchups

Beijing Topnew fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	64.1M	24.4M	29.9M	37.4M	4.9M	4.7M
Total Current Liabilities	101.5M	222.2M	346.2M	141.1M	98.6M	149.7M
Net Tangible Assets	537.4M	868.0M	917.6M	843.6M	970.2M	524.6M
Retained Earnings	167.6M	223.1M	267.7M	192.7M	46.3M	44.0M
Accounts Payable	35.8M	196.1M	307.5M	93.3M	45.0M	42.8M
Other Assets	168.3M	174.6M	232.6M	179.3M	206.2M	110.3M
Net Receivables	47.3M	45.5M	153.7M	197.2M	105.7M	78.9M
Inventory	78.8M	76.6M	225.9M	141.1M	54.5M	74.7M
Other Current Assets	16.1M	145.6M	182.5M	29.1M	21.6M	20.5M
Deferred Long Term Liab	20.9M	25.6M	27.6M	25.5M	29.3M	20.2M
Total Current Assets	321.8M	724.9M	817.0M	540.2M	386.6M	438.6M
Common Stock	72.7M	97.0M	116.4M	128.0M	147.2M	77.6M
Property Plant Equipment	180.0M	221.6M	253.2M	313.9M	361.0M	379.0M
Total Assets	928.1M	1.4B	1.5B	1.3B	1.1B	991.9M
Total Stockholder Equity	795.3M	1.1B	1.2B	1.1B	968.0M	790.7M
Cash	179.5M	440.8M	254.9M	170.3M	185.4M	256.6M
Non Current Assets Total	606.3M	646.6M	731.2M	737.0M	720.5M	502.9M
Total Liab	101.5M	222.2M	353.5M	150.3M	102.9M	168.8M
Intangible Assets	258.0M	250.4M	245.4M	243.8M	242.6M	171.7M
Common Stock Shares Outstanding	58.8M	87.3M	116.4M	140.8M	161.9M	111.1M
Net Invested Capital	795.3M	1.1B	1.2B	1.1B	975.2M	884.0M
Net Working Capital	220.3M	502.7M	470.8M	399.2M	288.0M	353.4M
Capital Stock	72.7M	97.0M	116.4M	128.0M	140.8M	110.7M

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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.

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Beijing Net Receivables vs Common Stock Shares Outstanding Analysis

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Receivables

Common Stock Shares Outstanding

Beijing Topnew fundamental ratios Correlations

Beijing Topnew Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Topnew fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

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Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Other Assets
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Property Plant And Equipment Gross	- 0.27	Other Current Liab
Property Plant And Equipment Net	- 0.21	Other Current Liab
Capital Stock	- 0.2	Other Current Liab
Common Stock Shares Outstanding	- 0.18	Other Current Liab
Property Plant Equipment	- 0.16	Other Current Liab
Net Working Capital	- 0.12	Other Current Liab