Beijing Intangible Assets vs Good Will Analysis

300803 Stock

94.07 1.08 1.14%

Beijing Compass financial indicator trend analysis is way more than just evaluating Beijing Compass Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Compass Tech is a good investment. Please check the relationship between Beijing Compass Intangible Assets and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Compass Technology. 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.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Compass Tech Intangible Assets account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Beijing Compass' Intangible Assets and Good Will is 0.44. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Beijing Compass Technology, assuming nothing else is changed. The correlation between historical values of Beijing Compass' Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Beijing Compass Technology are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., Beijing Compass' Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Beijing Compass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Compass Tech 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 Compass Technology. 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.

The current year's Tax Provision is expected to grow to about (9.4 M). In addition to that, Selling General Administrative is expected to decline to about 466.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	821.5M	1.1B	971.9M	773.4M
Total Revenue	932.4M	1.3B	1.1B	884.7M

Gross Profit Total Revenue

Beijing Compass fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Good Will	Other Liab
Total Assets		-0.38	0.96	0.95	0.78	-0.87	0.97	0.42	0.94	0.98	0.74	0.32	0.99	0.95	0.67	0.36	0.18	0.92	0.98	0.99	0.95	0.56	0.69	0.67	0.59	0.94
Other Current Liab	-0.38		-0.33	-0.3	-0.05	0.25	-0.33	0.31	-0.32	-0.37	-0.26	0.15	-0.37	-0.46	-0.41	-0.19	0.29	-0.47	-0.4	-0.37	-0.39	0.16	-0.38	-0.37	0.29	-0.59
Total Current Liabilities	0.96	-0.33		0.83	0.65	-0.78	0.87	0.43	0.86	0.97	0.84	0.41	0.92	0.98	0.53	0.25	0.09	0.82	0.99	0.93	0.99	0.37	0.66	0.64	0.5	0.84
Total Stockholder Equity	0.95	-0.3	0.83		0.89	-0.9	0.99	0.4	0.95	0.89	0.57	0.18	0.97	0.81	0.74	0.41	0.35	0.95	0.88	0.96	0.8	0.75	0.63	0.62	0.68	0.91
Property Plant And Equipment Net	0.78	-0.05	0.65	0.89		-0.77	0.87	0.36	0.8	0.74	0.33	-0.06	0.8	0.59	0.66	0.36	0.44	0.78	0.69	0.79	0.59	0.86	0.5	0.5	0.67	0.72
Net Debt	-0.87	0.25	-0.78	-0.9	-0.77		-0.88	-0.41	-0.98	-0.76	-0.73	-0.22	-0.93	-0.8	-0.54	-0.2	-0.19	-0.87	-0.82	-0.92	-0.74	-0.64	-0.31	-0.29	-0.67	-0.85
Retained Earnings	0.97	-0.33	0.87	0.99	0.87	-0.88		0.39	0.94	0.92	0.61	0.21	0.98	0.84	0.75	0.42	0.29	0.93	0.91	0.97	0.85	0.7	0.68	0.66	0.65	0.93
Accounts Payable	0.42	0.31	0.43	0.4	0.36	-0.41	0.39		0.41	0.42	0.39	0.44	0.42	0.36	0.24	0.42	0.12	0.31	0.41	0.42	0.39	0.5	0.33	0.32	0.54	0.29
Cash	0.94	-0.32	0.86	0.95	0.8	-0.98	0.94	0.41		0.85	0.74	0.26	0.98	0.87	0.62	0.28	0.19	0.92	0.9	0.98	0.83	0.62	0.45	0.44	0.67	0.91
Non Current Assets Total	0.98	-0.37	0.97	0.89	0.74	-0.76	0.92	0.42	0.85		0.71	0.33	0.93	0.94	0.65	0.36	0.14	0.86	0.98	0.94	0.97	0.48	0.78	0.76	0.51	0.89
Non Currrent Assets Other	0.74	-0.26	0.84	0.57	0.33	-0.73	0.61	0.39	0.74	0.71		0.43	0.72	0.87	0.16	-0.1	-0.11	0.6	0.81	0.74	0.84	0.07	0.22	0.2	0.32	0.63
Other Assets	0.32	0.15	0.41	0.18	-0.06	-0.22	0.21	0.44	0.26	0.33	0.43		0.29	0.36	0.03	0.14	-0.16	0.11	0.38	0.3	0.43	0.03	0.27	0.27	0.58	0.21
Cash And Short Term Investments	0.99	-0.37	0.92	0.97	0.8	-0.93	0.98	0.42	0.98	0.93	0.72	0.29		0.91	0.69	0.36	0.18	0.94	0.95	1.0	0.89	0.61	0.61	0.6	0.64	0.95
Net Receivables	0.95	-0.46	0.98	0.81	0.59	-0.8	0.84	0.36	0.87	0.94	0.87	0.36	0.91		0.51	0.21	0.0	0.83	0.98	0.93	0.98	0.29	0.59	0.57	0.41	0.87
Short Term Investments	0.67	-0.41	0.53	0.74	0.66	-0.54	0.75	0.24	0.62	0.65	0.16	0.03	0.69	0.51		0.84	0.14	0.67	0.6	0.67	0.53	0.59	0.75	0.75	0.41	0.76
Inventory	0.36	-0.19	0.25	0.41	0.36	-0.2	0.42	0.42	0.28	0.36	-0.1	0.14	0.36	0.21	0.84		0.05	0.36	0.31	0.34	0.25	0.43	0.66	0.68	0.3	0.44
Other Current Assets	0.18	0.29	0.09	0.35	0.44	-0.19	0.29	0.12	0.19	0.14	-0.11	-0.16	0.18	0.0	0.14	0.05		0.35	0.07	0.2	0.01	0.54	0.13	0.13	0.33	0.01
Other Stockholder Equity	0.92	-0.47	0.82	0.95	0.78	-0.87	0.93	0.31	0.92	0.86	0.6	0.11	0.94	0.83	0.67	0.36	0.35		0.87	0.94	0.79	0.6	0.6	0.59	0.51	0.92
Total Liab	0.98	-0.4	0.99	0.88	0.69	-0.82	0.91	0.41	0.9	0.98	0.81	0.38	0.95	0.98	0.6	0.31	0.07	0.87		0.96	0.99	0.42	0.69	0.67	0.51	0.91
Total Current Assets	0.99	-0.37	0.93	0.96	0.79	-0.92	0.97	0.42	0.98	0.94	0.74	0.3	1.0	0.93	0.67	0.34	0.2	0.94	0.96		0.91	0.59	0.62	0.6	0.62	0.94
Intangible Assets	0.95	-0.39	0.99	0.8	0.59	-0.74	0.85	0.39	0.83	0.97	0.84	0.43	0.89	0.98	0.53	0.25	0.01	0.79	0.99	0.91		0.31	0.69	0.67	0.44	0.85
Common Stock	0.56	0.16	0.37	0.75	0.86	-0.64	0.7	0.5	0.62	0.48	0.07	0.03	0.61	0.29	0.59	0.43	0.54	0.6	0.42	0.59	0.31		0.41	0.4	0.77	0.52
Short Long Term Debt Total	0.69	-0.38	0.66	0.63	0.5	-0.31	0.68	0.33	0.45	0.78	0.22	0.27	0.61	0.59	0.75	0.66	0.13	0.6	0.69	0.62	0.69	0.41		1.0	0.3	0.67
Short Term Debt	0.67	-0.37	0.64	0.62	0.5	-0.29	0.66	0.32	0.44	0.76	0.2	0.27	0.6	0.57	0.75	0.68	0.13	0.59	0.67	0.6	0.67	0.4	1.0		0.29	0.66
Good Will	0.59	0.29	0.5	0.68	0.67	-0.67	0.65	0.54	0.67	0.51	0.32	0.58	0.64	0.41	0.41	0.3	0.33	0.51	0.51	0.62	0.44	0.77	0.3	0.29		0.49
Other Liab	0.94	-0.59	0.84	0.91	0.72	-0.85	0.93	0.29	0.91	0.89	0.63	0.21	0.95	0.87	0.76	0.44	0.01	0.92	0.91	0.94	0.85	0.52	0.67	0.66	0.49

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Beijing Compass Account Relationship Matchups

Beijing Compass fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.6B	2.0B	4.3B	5.4B	5.7B
Other Current Liab	286.3M	78.1M	600.5K	8.4M	8.8M	8.4M
Total Current Liabilities	414.4M	141.0M	262.4M	1.9B	2.9B	3.0B
Total Stockholder Equity	1.1B	1.1B	1.3B	1.7B	1.9B	2.0B
Property Plant And Equipment Net	342.7M	336.0M	330.5M	424.8M	418.2M	439.1M
Net Debt	(895.3M)	(1.2B)	(1.5B)	(650.9M)	(2.3B)	(2.2B)
Retained Earnings	370.3M	397.3M	540.2M	849.3M	916.1M	961.9M
Accounts Payable	36.8M	33.4M	37.6M	46.5M	60.5M	40.4M
Cash	925.3M	1.2B	1.6B	1.2B	2.6B	2.7B
Non Current Assets Total	360.5M	355.0M	350.7M	1.9B	1.9B	2.0B
Non Currrent Assets Other	712.8K	3.7M	241.9K	1.3M	410.1M	430.6M
Other Assets	15.8M	17.7M	16.9M	117.8M	135.5M	142.2M
Cash And Short Term Investments	925.3M	1.2B	1.6B	2.1B	3.0B	3.1B
Net Receivables	21.3M	19.2M	68.5M	260.2M	513.4M	539.1M
Liabilities And Stockholders Equity	1.5B	1.6B	2.0B	4.3B	5.4B	5.7B
Inventory	427.2K	272.5K	1.0M	1.1M	485.8K	500.4K
Other Current Assets	198.9M	35.9M	17.8M	59.4M	28.4M	21.2M
Other Stockholder Equity	59.8M	246.2M	244.5M	319.1M	391.5M	411.0M
Total Liab	417.1M	519.5M	763.5M	2.6B	3.6B	3.8B
Total Current Assets	1.1B	1.3B	1.7B	2.4B	3.5B	3.7B
Intangible Assets	1.9M	1.4M	3.3M	43.4M	60.4M	63.4M
Other Liab	2.8M	378.6M	500.1M	629.1M	723.5M	759.7M
Net Tangible Assets	1.1B	1.1B	1.3B	371.2M	426.8M	751.6M
Non Current Liabilities Total	2.8M	378.6M	501.1M	654.8M	694.3M	729.0M
Deferred Long Term Liab	3.9M	3.7M	1.7M	5.0M	4.5M	3.3M
Property Plant Equipment	342.7M	336.0M	330.5M	424.8M	488.5M	300.7M
Net Invested Capital	1.1B	1.1B	1.4B	2.2B	2.1B	1.4B
Net Working Capital	731.6M	1.1B	1.4B	463.5M	613.1M	753.4M

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C	Citigroup
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Other Information on Investing in Beijing Stock

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

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

Correlation Coefficient

Intangible Assets

Good Will

Beijing Compass fundamental ratios Correlations

Beijing Compass Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Compass fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Intangible Assets	+ 0.99	Total Current Liabilities

Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Total Current Assets	- 0.92	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Retained Earnings	- 0.88	Net Debt
Other Stockholder Equity	- 0.87	Net Debt