Beijing Short Term Investments vs Non Currrent Assets Other Analysis

000609 Stock   2.44  0.03  1.21%   
Beijing Mainstreets financial indicator trend analysis is way more than just evaluating Beijing Mainstreets prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Mainstreets is a good investment. Please check the relationship between Beijing Mainstreets Short Term Investments and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Mainstreets Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Investments vs Non Currrent Assets Other

Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Mainstreets Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing Mainstreets' Short Term Investments and Non Currrent Assets Other is 0.52. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Beijing Mainstreets Investment, assuming nothing else is changed. The correlation between historical values of Beijing Mainstreets' Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Beijing Mainstreets Investment are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Investments i.e., Beijing Mainstreets' Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Beijing Mainstreets balance sheet. It contains any investments Beijing Mainstreets Investment undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Beijing Mainstreets can easily liquidate in the marketplace.

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.
Most indicators from Beijing Mainstreets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Mainstreets 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 Mainstreets Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 4, 2024, Selling General Administrative is expected to decline to about 7.7 M. In addition to that, Tax Provision is expected to decline to about 233.3 K
 2021 2023 2024 (projected)
Other Operating Expenses4.3M3.8M3.7M
Gross Profit72.5M916.6K870.8K

Beijing Mainstreets fundamental ratios Correlations

0.42-0.040.360.62-0.250.570.860.850.52-0.64-0.130.68-0.24-0.30.740.710.140.650.32-0.240.87-0.38-0.610.850.66
0.420.440.99-0.360.420.42-0.03-0.110.36-0.250.27-0.150.310.010.35-0.30.81-0.120.370.250.080.290.080.19-0.02
-0.040.440.46-0.460.620.2-0.22-0.30.150.04-0.34-0.440.35-0.490.03-0.380.46-0.39-0.12-0.1-0.170.50.34-0.04-0.33
0.360.990.46-0.430.450.39-0.1-0.170.29-0.170.29-0.230.330.050.36-0.340.82-0.150.330.280.030.370.170.13-0.11
0.62-0.36-0.46-0.43-0.660.240.860.90.34-0.6-0.240.74-0.47-0.250.220.85-0.50.55-0.02-0.340.71-0.7-0.770.620.76
-0.250.420.620.45-0.660.0-0.5-0.510.160.05-0.03-0.470.37-0.21-0.07-0.540.42-0.390.15-0.06-0.410.510.43-0.34-0.41
0.570.420.20.390.240.00.330.40.19-0.190.070.340.18-0.030.480.30.350.050.08-0.060.430.31-0.110.470.15
0.86-0.03-0.22-0.10.86-0.50.330.970.31-0.57-0.370.75-0.5-0.380.570.88-0.170.740.22-0.440.95-0.65-0.80.870.83
0.85-0.11-0.3-0.170.9-0.510.40.970.35-0.59-0.290.81-0.44-0.330.570.93-0.270.770.17-0.390.93-0.59-0.730.820.75
0.520.360.150.290.340.160.190.310.35-0.870.00.310.18-0.450.040.23-0.110.170.12-0.070.16-0.28-0.30.190.29
-0.64-0.250.04-0.17-0.60.05-0.19-0.57-0.59-0.870.12-0.450.140.48-0.12-0.410.1-0.34-0.230.11-0.440.510.58-0.4-0.57
-0.130.27-0.340.29-0.24-0.030.07-0.37-0.290.00.12-0.170.240.87-0.09-0.30.16-0.29-0.250.71-0.340.40.46-0.31-0.46
0.68-0.15-0.44-0.230.74-0.470.340.750.810.31-0.45-0.17-0.43-0.170.40.73-0.220.770.38-0.330.71-0.56-0.680.770.69
-0.240.310.350.33-0.470.370.18-0.5-0.440.180.140.24-0.430.02-0.17-0.450.1-0.35-0.13-0.01-0.470.460.52-0.43-0.52
-0.30.01-0.490.05-0.25-0.21-0.03-0.38-0.33-0.450.480.87-0.170.02-0.09-0.270.12-0.26-0.240.61-0.310.370.42-0.29-0.42
0.740.350.030.360.22-0.070.480.570.570.04-0.12-0.090.4-0.17-0.090.580.180.630.17-0.120.710.03-0.140.670.25
0.71-0.3-0.38-0.340.85-0.540.30.880.930.23-0.41-0.30.73-0.45-0.270.58-0.480.750.02-0.390.83-0.52-0.60.660.62
0.140.810.460.82-0.50.420.35-0.17-0.27-0.110.10.16-0.220.10.120.18-0.48-0.230.460.240.030.40.120.16-0.09
0.65-0.12-0.39-0.150.55-0.390.050.740.770.17-0.34-0.290.77-0.35-0.260.630.75-0.230.44-0.350.78-0.57-0.530.690.57
0.320.37-0.120.33-0.020.150.080.220.170.12-0.23-0.250.38-0.13-0.240.170.020.460.44-0.280.34-0.39-0.510.320.52
-0.240.25-0.10.28-0.34-0.06-0.06-0.44-0.39-0.070.110.71-0.33-0.010.61-0.12-0.390.24-0.35-0.28-0.40.480.54-0.38-0.54
0.870.08-0.170.030.71-0.410.430.950.930.16-0.44-0.340.71-0.47-0.310.710.830.030.780.34-0.4-0.5-0.710.90.74
-0.380.290.50.37-0.70.510.31-0.65-0.59-0.280.510.4-0.560.460.370.03-0.520.4-0.57-0.390.48-0.50.88-0.41-0.86
-0.610.080.340.17-0.770.43-0.11-0.8-0.73-0.30.580.46-0.680.520.42-0.14-0.60.12-0.53-0.510.54-0.710.88-0.65-0.99
0.850.19-0.040.130.62-0.340.470.870.820.19-0.4-0.310.77-0.43-0.290.670.660.160.690.32-0.380.9-0.41-0.650.7
0.66-0.02-0.33-0.110.76-0.410.150.830.750.29-0.57-0.460.69-0.52-0.420.250.62-0.090.570.52-0.540.74-0.86-0.990.7
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Beijing Mainstreets Account Relationship Matchups

Beijing Mainstreets fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B3.9B2.9B2.3B2.3B1.8B
Total Stockholder Equity1.5B1.2B862.8M571.8M389.6M370.1M
Other Liab447.4M352.5M12.7M2.7M3.1M3.0M
Retained Earnings1.2B900.1M524.4M91.6M(92.6M)(87.9M)
Accounts Payable372.1M296.6M396.5M431.2M420.1M441.1M
Cash351.6M132.5M113.7M61.7M35.1M33.3M
Other Assets42.9M314.4M39.0M40.3M46.4M51.7M
Inventory3.0B3.1B2.5B1.9B2.0B2.1B
Total Liab2.7B2.6B2.1B1.7B1.9B2.0B
Property Plant Equipment9.0M7.9M6.1M4.6M4.2M4.0M
Long Term Debt534.1M599.5M130M481.5M553.8M280.4M
Other Current Liab1.4B1.5B953.2M507.8M127.4M121.0M
Total Current Liabilities1.8B1.8B1.9B1.2B1.7B1.3B
Net Tangible Assets1.5B1.5B1.2B859.8M773.9M1.1B
Net Receivables14.9M56.6M183.8M52.4M60.3M52.3M
Other Current Assets140.7M268.3M2.5M4.0M69.9M83.0M
Total Current Assets3.6B3.7B2.7B2.1B2.1B2.6B
Non Current Assets Total573.2M154.7M187.8M170.2M157.1M229.9M
Non Current Liabilities Total886.7M812.2M132.7M487.2M213.2M202.6M
Net Invested Capital2.1B1.8B992.8M1.1B389.6M370.1M
Net Working Capital1.9B1.9B807.8M888.8M445.7M423.4M
Net Debt182.6M467.0M16.3M419.8M482.8M250.9M

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Other Information on Investing in Beijing Stock

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