Beijing Non Current Liabilities Total vs Total Revenue Analysis

002439 Stock   16.92  0.47  2.70%   
Beijing Venustech financial indicator trend analysis is way more than just evaluating Beijing Venustech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Venustech is a good investment. Please check the relationship between Beijing Venustech Non Current Liabilities Total and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Venustech. 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 Current Liabilities Total vs Total Revenue

Non Current Liabilities Total vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Venustech Non Current Liabilities Total account and Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Beijing Venustech's Non Current Liabilities Total and Total Revenue is 0.36. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Beijing Venustech, assuming nothing else is changed. The correlation between historical values of Beijing Venustech's Non Current Liabilities Total and Total Revenue 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 Current Liabilities Total of Beijing Venustech are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Liabilities Total i.e., Beijing Venustech's Non Current Liabilities Total and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Revenue

Total revenue comprises all receipts Beijing Venustech generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Beijing Venustech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Venustech 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 Venustech. 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 699.6 M. The current year's Tax Provision is expected to grow to about 36.7 M
 2021 2022 2023 2024 (projected)
Operating Income914.1M650.7M714.4M426.7M
Total Revenue4.4B4.4B4.5B2.5B

Beijing Venustech fundamental ratios Correlations

0.20.40.961.00.920.19-0.90.980.980.910.950.410.971.00.270.95-0.320.920.941.00.450.620.660.850.93
0.20.070.20.17-0.010.4-0.090.180.220.170.280.070.170.190.670.080.040.090.330.18-0.040.290.320.430.16
0.40.070.530.380.31-0.22-0.310.40.510.270.410.330.340.41-0.070.440.070.280.460.39-0.120.530.590.410.55
0.960.20.530.940.890.25-0.770.970.990.780.960.60.890.970.30.98-0.270.790.980.950.320.710.760.890.96
1.00.170.380.940.920.16-0.930.970.970.930.940.350.970.990.210.93-0.330.940.911.00.480.580.620.820.91
0.92-0.010.310.890.920.18-0.790.960.910.770.880.530.870.940.110.93-0.460.810.840.910.540.490.530.720.85
0.190.4-0.220.250.160.180.020.250.170.020.330.370.090.190.370.330.1-0.020.30.16-0.210.440.440.440.33
-0.9-0.09-0.31-0.77-0.93-0.790.02-0.82-0.84-0.99-0.78-0.03-0.95-0.88-0.09-0.770.35-0.99-0.73-0.92-0.52-0.39-0.45-0.61-0.76
0.980.180.40.970.970.960.25-0.820.980.830.960.550.930.990.270.98-0.370.840.950.970.450.620.660.850.93
0.980.220.510.990.970.910.17-0.840.980.840.960.520.930.990.270.96-0.320.860.960.980.360.650.70.880.94
0.910.170.270.780.930.770.02-0.990.830.840.780.050.970.880.210.77-0.370.980.760.930.510.380.440.630.75
0.950.280.410.960.940.880.33-0.780.960.960.780.470.860.960.270.94-0.150.810.930.930.390.760.780.950.95
0.410.070.330.60.350.530.37-0.030.550.520.050.470.30.460.380.6-0.350.060.620.38-0.130.460.480.520.5
0.970.170.340.890.970.870.09-0.950.930.930.970.860.30.950.280.88-0.460.950.880.980.450.460.520.730.84
1.00.190.410.970.990.940.19-0.880.990.990.880.960.460.950.260.96-0.340.890.940.990.470.610.660.850.93
0.270.67-0.070.30.210.110.37-0.090.270.270.210.270.380.280.260.23-0.240.060.490.27-0.010.320.350.40.23
0.950.080.440.980.930.930.33-0.770.980.960.770.940.60.880.960.23-0.30.780.940.940.350.690.730.850.96
-0.320.040.07-0.27-0.33-0.460.10.35-0.37-0.32-0.37-0.15-0.35-0.46-0.34-0.24-0.3-0.32-0.3-0.36-0.180.290.15-0.05-0.12
0.920.090.280.790.940.81-0.02-0.990.840.860.980.810.060.950.890.060.78-0.320.740.930.520.40.420.650.76
0.940.330.460.980.910.840.3-0.730.950.960.760.930.620.880.940.490.94-0.30.740.930.290.710.760.90.93
1.00.180.390.951.00.910.16-0.920.970.980.930.930.380.980.990.270.94-0.360.930.930.460.570.620.810.91
0.45-0.04-0.120.320.480.54-0.21-0.520.450.360.510.39-0.130.450.47-0.010.35-0.180.520.290.460.030.040.170.3
0.620.290.530.710.580.490.44-0.390.620.650.380.760.460.460.610.320.690.290.40.710.570.030.950.830.77
0.660.320.590.760.620.530.44-0.450.660.70.440.780.480.520.660.350.730.150.420.760.620.040.950.840.83
0.850.430.410.890.820.720.44-0.610.850.880.630.950.520.730.850.40.85-0.050.650.90.810.170.830.840.88
0.930.160.550.960.910.850.33-0.760.930.940.750.950.50.840.930.230.96-0.120.760.930.910.30.770.830.88
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Beijing Venustech Account Relationship Matchups

Beijing Venustech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.9B8.4B8.9B10.0B14.9B15.6B
Other Current Liab213.7M1.2B40.3M791.9M719.9M398.5M
Total Current Liabilities1.6B2.3B2.1B2.5B2.6B2.8B
Total Stockholder Equity4.4B6.0B6.7B7.4B12.0B12.6B
Property Plant And Equipment Net279.2M423.1M621.0M707.6M669.7M703.2M
Net Debt(779.4M)(1.4B)(1.3B)(1.3B)(4.7B)(4.4B)
Retained Earnings2.4B3.1B4.0B4.6B5.1B5.3B
Accounts Payable724.8M1.1B885.5M1.2B1.4B1.5B
Cash1.6B1.5B1.4B1.3B5.0B5.2B
Non Current Assets Total1.8B2.0B2.4B2.7B3.1B3.2B
Non Currrent Assets Other1.2B1.8B1.8B1.9B180.5M171.4M
Cash And Short Term Investments2.6B3.0B2.8B2.8B6.1B6.4B
Net Receivables2.3B3.0B3.3B4.1B5.2B5.5B
Liabilities And Stockholders Equity6.9B8.4B8.9B10.0B14.9B15.6B
Non Current Liabilities Total908.2M85.8M143.9M136.7M173.7M115.9M
Inventory244.5M372.3M474.2M447.7M485.2M509.5M
Other Current Assets15.2M18.5M33.3M33.7M25.4M24.2M
Other Stockholder Equity772.9M1.8B1.7B1.7B5.6B5.8B
Total Liab2.5B2.4B2.2B2.6B2.8B3.0B
Total Current Assets5.1B6.4B6.6B7.3B11.8B12.4B
Intangible Assets213.3M219.0M223.4M226.4M265.0M167.5M
Other Liab58.2M85.8M92.4M96.9M111.4M117.0M
Property Plant Equipment279.2M423.1M621.0M707.6M813.7M854.4M
Short Term Investments952.7M1.6B1.4B1.5B1.1B693.3M
Net Tangible Assets3.4B5.1B5.8B6.5B7.4B3.9B
Deferred Long Term Liab3.8M3.8M16.5M29.6M34.1M35.8M
Net Invested Capital5.2B6.0B6.7B7.4B12.0B6.9B
Net Working Capital3.5B4.1B4.5B4.9B9.2B4.6B

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Other Information on Investing in Beijing Stock

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