Beijing Non Currrent Assets Other vs Inventory Analysis

688722 Stock   16.20  0.62  3.98%   
Beijing Tongyizhong financial indicator trend analysis is way more than just evaluating Beijing Tongyizhong New prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Tongyizhong New is a good investment. Please check the relationship between Beijing Tongyizhong Non Currrent Assets Other and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Tongyizhong New. 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.

Non Currrent Assets Other vs Inventory

Non Currrent Assets Other vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Tongyizhong New Non Currrent Assets Other account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing Tongyizhong's Non Currrent Assets Other and Inventory is 0.58. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Inventory in the same time period over historical financial statements of Beijing Tongyizhong New, assuming nothing else is changed. The correlation between historical values of Beijing Tongyizhong's Non Currrent Assets Other and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Beijing Tongyizhong New are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Currrent Assets Other i.e., Beijing Tongyizhong's Non Currrent Assets Other and Inventory go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Inventory

Most indicators from Beijing Tongyizhong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Tongyizhong New 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 Tongyizhong New. 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.
As of March 4, 2025, Selling General Administrative is expected to decline to about 7.7 M. In addition to that, Tax Provision is expected to decline to about 14.6 M
 2022 2024 2025 (projected)
Interest Expense347.8K694.1K659.4K
Depreciation And Amortization16.5M19.0M13.7M

Beijing Tongyizhong fundamental ratios Correlations

-0.650.20.990.87-0.950.820.910.940.880.710.950.960.940.87-0.830.970.450.970.940.980.830.940.920.810.89
-0.650.46-0.7-0.790.6-0.61-0.79-0.43-0.76-0.07-0.74-0.66-0.64-0.670.62-0.70.24-0.58-0.6-0.71-0.8-0.6-0.63-0.55-0.47
0.20.460.10.17-0.330.40.130.380.20.70.140.190.150.230.130.010.960.180.220.03-0.050.350.260.40.34
0.99-0.70.10.86-0.930.780.910.930.870.650.950.950.940.86-0.860.990.360.980.930.990.840.910.910.770.87
0.87-0.790.170.86-0.910.960.980.771.00.580.940.850.810.86-0.650.810.380.80.830.830.830.890.880.840.78
-0.950.6-0.33-0.93-0.91-0.89-0.92-0.95-0.92-0.74-0.95-0.87-0.84-0.820.75-0.89-0.54-0.92-0.9-0.9-0.74-0.91-0.88-0.8-0.86
0.82-0.610.40.780.96-0.890.910.760.960.630.880.820.770.85-0.510.70.590.740.740.730.770.920.890.870.81
0.91-0.790.130.910.98-0.920.910.820.980.610.970.910.890.83-0.770.880.370.870.870.890.80.880.880.80.81
0.94-0.430.380.930.77-0.950.760.820.790.780.890.850.840.73-0.80.910.590.960.890.910.630.860.830.710.87
0.88-0.760.20.871.0-0.920.960.980.790.620.950.860.820.86-0.660.820.420.820.860.830.820.90.890.850.79
0.71-0.070.70.650.58-0.740.630.610.780.620.650.670.660.58-0.50.620.830.70.80.60.40.70.650.620.71
0.95-0.740.140.950.94-0.950.880.970.890.950.650.90.890.8-0.850.930.380.940.90.940.810.90.920.730.9
0.96-0.660.190.950.85-0.870.820.910.850.860.670.90.990.88-0.780.920.450.920.880.930.850.940.920.820.88
0.94-0.640.150.940.81-0.840.770.890.840.820.660.890.990.82-0.830.920.420.930.860.930.80.890.890.750.87
0.87-0.670.230.860.86-0.820.850.830.730.860.580.80.880.82-0.490.780.440.750.810.810.920.940.890.950.73
-0.830.620.13-0.86-0.650.75-0.51-0.77-0.8-0.66-0.5-0.85-0.78-0.83-0.49-0.92-0.11-0.91-0.79-0.9-0.57-0.63-0.68-0.37-0.76
0.97-0.70.010.990.81-0.890.70.880.910.820.620.930.920.920.78-0.920.270.970.931.00.790.840.850.670.84
0.450.240.960.360.38-0.540.590.370.590.420.830.380.450.420.44-0.110.270.430.440.290.180.580.490.580.56
0.97-0.580.180.980.8-0.920.740.870.960.820.70.940.920.930.75-0.910.970.430.90.980.750.880.890.660.92
0.94-0.60.220.930.83-0.90.740.870.890.860.80.90.880.860.81-0.790.930.440.90.910.740.840.820.760.78
0.98-0.710.030.990.83-0.90.730.890.910.830.60.940.930.930.81-0.91.00.290.980.910.830.880.890.70.87
0.83-0.8-0.050.840.83-0.740.770.80.630.820.40.810.850.80.92-0.570.790.180.750.740.830.890.910.760.77
0.94-0.60.350.910.89-0.910.920.880.860.90.70.90.940.890.94-0.630.840.580.880.840.880.890.980.890.91
0.92-0.630.260.910.88-0.880.890.880.830.890.650.920.920.890.89-0.680.850.490.890.820.890.910.980.790.95
0.81-0.550.40.770.84-0.80.870.80.710.850.620.730.820.750.95-0.370.670.580.660.760.70.760.890.790.63
0.89-0.470.340.870.78-0.860.810.810.870.790.710.90.880.870.73-0.760.840.560.920.780.870.770.910.950.63
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Beijing Tongyizhong Account Relationship Matchups

Beijing Tongyizhong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets800.8M1.1B1.5B1.5B1.7B1.0B
Other Current Liab27.1M42.9M151.9M8.7M7.8M7.4M
Total Current Liabilities57.4M69.5M217.0M123.9M142.5M131.3M
Total Stockholder Equity721.0M1.0B1.2B1.2B1.4B830.7M
Property Plant And Equipment Net281.7M285.4M425.4M635.0M730.3M766.8M
Net Debt(378.9M)(147.9M)(310.0M)(702.0M)(631.8M)(600.2M)
Retained Earnings67.3M114.6M268.8M306.9M352.9M370.6M
Accounts Payable30.4M22.9M38.7M45.8M52.6M55.3M
Cash147.9M315.5M728.5M456.4M524.9M337.8M
Non Current Assets Total332.4M337.5M543.5M738.6M849.4M891.9M
Non Currrent Assets Other5.2M8.0M34.8M17.2M19.8M15.6M
Cash And Short Term Investments378.9M349.2M615.6M728.5M837.7M879.6M
Common Stock Shares Outstanding80.4M167.4M175.1M224.7M258.4M162.3M
Liabilities And Stockholders Equity814.5M800.8M1.1B1.5B1.7B903.2M
Non Current Liabilities Total22.4M22.8M30.4M27.2M31.3M18.3M
Inventory98.9M114.8M133.4M198.0M227.6M129.3M
Other Current Assets9.1M2.2M5.5M21.7M19.5M16.2M
Other Stockholder Equity477.0M485.2M661.6M681.2M783.4M448.7M
Total Liab79.9M92.3M247.3M151.2M173.9M149.6M
Total Current Assets468.4M755.7M947.4M714.3M821.4M595.1M
Intangible Assets44.1M43.2M63.6M62.0M71.3M50.6M
Net Receivables7.4M13.2M7.7M14.9M17.1M10.9M
Net Invested Capital721.0M1.0B1.2B1.3B1.4B1.1B
Non Current Liabilities Other3.2M2.4M4.3M5.2M6.0M4.0M
Net Working Capital411.0M686.1M730.4M590.3M678.9M623.4M

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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