Beijing Other Current Assets vs Retained Earnings Analysis

600386 Stock   4.97  0.08  1.64%   
Beijing Bashi financial indicator trend analysis is way more than just evaluating Beijing Bashi Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Bashi Media is a good investment. Please check the relationship between Beijing Bashi Other Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Bashi Media. 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.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Bashi Media Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Beijing Bashi's Other Current Assets and Retained Earnings is 0.33. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Beijing Bashi Media, assuming nothing else is changed. The correlation between historical values of Beijing Bashi's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Beijing Bashi Media are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Beijing Bashi's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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.
Most indicators from Beijing Bashi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Bashi Media 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 Bashi Media. 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 46.7 M, whereas Selling General Administrative is forecasted to decline to about 314 M.
 2022 2023 2024 2025 (projected)
Operating Income227.6M173.0M198.9M230.7M
Total Revenue3.6B4.8B5.6B3.1B

Beijing Bashi fundamental ratios Correlations

-0.060.940.82-0.530.840.770.680.790.530.66-0.420.860.290.970.570.920.83-0.59-0.830.8-0.780.79-0.450.810.83
-0.06-0.180.050.160.17-0.230.19-0.280.280.450.17-0.110.75-0.090.26-0.05-0.180.010.39-0.440.32-0.340.54-0.01-0.31
0.94-0.180.65-0.580.660.790.50.850.440.48-0.520.840.180.960.640.870.86-0.71-0.870.85-0.850.94-0.460.910.91
0.820.050.65-0.140.830.60.920.530.30.780.110.740.230.650.430.720.45-0.25-0.50.48-0.430.43-0.290.440.47
-0.530.16-0.58-0.14-0.53-0.50.02-0.42-0.44-0.020.79-0.44-0.03-0.650.0-0.5-0.740.490.68-0.580.63-0.550.44-0.59-0.63
0.840.170.660.83-0.530.510.740.510.50.66-0.260.70.330.760.340.770.66-0.34-0.620.52-0.510.47-0.310.580.55
0.77-0.230.790.6-0.50.510.510.790.460.5-0.310.890.10.760.370.660.6-0.72-0.780.66-0.810.69-0.530.640.74
0.680.190.50.920.020.740.510.340.340.810.210.690.230.50.310.60.24-0.1-0.320.19-0.240.29-0.040.310.24
0.79-0.280.850.53-0.420.510.790.340.280.39-0.470.80.110.820.70.780.81-0.84-0.90.87-0.950.84-0.720.840.94
0.530.280.440.3-0.440.50.460.340.280.61-0.360.550.680.570.160.430.36-0.41-0.340.19-0.340.330.170.40.29
0.660.450.480.78-0.020.660.50.810.390.610.050.680.710.540.490.630.3-0.29-0.270.22-0.30.250.090.370.29
-0.420.17-0.520.110.79-0.26-0.310.21-0.47-0.360.05-0.3-0.05-0.6-0.16-0.57-0.770.460.67-0.580.65-0.590.39-0.64-0.65
0.86-0.110.840.74-0.440.70.890.690.80.550.68-0.30.230.810.50.790.64-0.69-0.780.61-0.790.75-0.380.710.73
0.290.750.180.23-0.030.330.10.230.110.680.71-0.050.230.290.460.260.15-0.30.04-0.01-0.050.020.390.240.07
0.97-0.090.960.65-0.650.760.760.50.820.570.54-0.60.810.290.590.910.91-0.69-0.880.85-0.840.86-0.460.890.9
0.570.260.640.430.00.340.370.310.70.160.49-0.160.50.460.590.590.53-0.69-0.450.53-0.550.63-0.220.760.63
0.92-0.050.870.72-0.50.770.660.60.780.430.63-0.570.790.260.910.590.87-0.53-0.830.77-0.790.76-0.460.810.83
0.83-0.180.860.45-0.740.660.60.240.810.360.3-0.770.640.150.910.530.87-0.65-0.920.9-0.860.83-0.610.880.93
-0.590.01-0.71-0.250.49-0.34-0.72-0.1-0.84-0.41-0.290.46-0.69-0.3-0.69-0.69-0.53-0.650.7-0.650.85-0.740.51-0.82-0.81
-0.830.39-0.87-0.50.68-0.62-0.78-0.32-0.9-0.34-0.270.67-0.780.04-0.88-0.45-0.83-0.920.7-0.890.94-0.860.74-0.83-0.94
0.8-0.440.850.48-0.580.520.660.190.870.190.22-0.580.61-0.010.850.530.770.9-0.65-0.89-0.870.83-0.740.770.95
-0.780.32-0.85-0.430.63-0.51-0.81-0.24-0.95-0.34-0.30.65-0.79-0.05-0.84-0.55-0.79-0.860.850.94-0.87-0.850.75-0.85-0.96
0.79-0.340.940.43-0.550.470.690.290.840.330.25-0.590.750.020.860.630.760.83-0.74-0.860.83-0.85-0.480.920.91
-0.450.54-0.46-0.290.44-0.31-0.53-0.04-0.720.170.090.39-0.380.39-0.46-0.22-0.46-0.610.510.74-0.740.75-0.48-0.47-0.72
0.81-0.010.910.44-0.590.580.640.310.840.40.37-0.640.710.240.890.760.810.88-0.82-0.830.77-0.850.92-0.470.91
0.83-0.310.910.47-0.630.550.740.240.940.290.29-0.650.730.070.90.630.830.93-0.81-0.940.95-0.960.91-0.720.91
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Beijing Bashi Account Relationship Matchups

Beijing Bashi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.5B4.4B4.7B4.8B5.5B3.5B
Other Current Liab538.3M346.8M5.8M5.5M5.0M4.7M
Total Current Liabilities1.4B1.2B1.6B1.8B2.0B1.2B
Total Stockholder Equity1.8B1.8B1.8B1.8B2.1B1.5B
Other Liab13.3M12.5M10.0M10.4M9.4M8.9M
Retained Earnings726.8M795.0M817.0M529.2M608.6M471.1M
Accounts Payable585.9M355.8M351.8M660.0M759.0M796.9M
Cash1.1B937.5M1.0B996.9M1.1B860.6M
Other Assets197.4M177.9M187.9M197.7M227.4M238.7M
Net Receivables255.4M238.8M180.1M214.1M246.3M193.8M
Inventory384.0M252.6M395.8M397.7M457.3M480.2M
Other Current Assets193.4M196.0M12.3M33.4M38.5M36.5M
Total Liab2.6B2.4B2.7B2.8B3.2B1.9B
Intangible Assets442.0M400.3M348.1M334.4M384.5M210.6M
Property Plant Equipment1.3B1.5B1.5B1.7B1.5B1.0B
Net Tangible Assets1.3B1.3B1.4B1.5B1.3B1.2B
Other Stockholder Equity35.7M27.2M13.5M(9.7M)(8.7M)(8.3M)
Deferred Long Term Liab80.8M68.0M83.8M89.2M102.5M70.8M
Short Long Term Debt208.9M203.4M489.9M504.3M579.9M294.7M
Total Current Assets2.0B1.7B1.9B1.9B1.7B1.7B
Non Current Assets Total2.6B2.7B2.8B2.8B3.2B2.6B
Non Currrent Assets Other1.5B48.2M47.2M33.8M30.4M28.9M
Non Current Liabilities Total1.2B1.2B1.1B1.0B1.2B1.2B
Net Invested Capital2.0B2.0B2.3B2.6B3.0B2.5B
Net Working Capital547.6M494.2M302.6M177.0M159.3M151.3M
Property Plant And Equipment Net1.5B1.7B1.8B1.9B2.2B1.9B
Property Plant And Equipment Gross2.1B2.4B1.8B3.0B3.4B2.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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