Beijing Cash vs Intangible Assets Analysis

600159 Stock

2.39 0.03 1.27%

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

Cash vs Intangible Assets

Cash vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Dalong Weiye Cash account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Beijing Dalong's Cash and Intangible Assets is -0.57. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Beijing Dalong Weiye, assuming nothing else is changed. The correlation between historical values of Beijing Dalong's Cash and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Beijing Dalong Weiye are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash i.e., Beijing Dalong's Cash and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Beijing Dalong Weiye, which is listed under current asset account on Beijing Dalong Weiye balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beijing Dalong customers. The amounts must be unrestricted with restricted cash listed in a different Beijing Dalong account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Intangible Assets

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

Most indicators from Beijing Dalong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Dalong Weiye 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 Dalong Weiye. 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 45.8 M. The current year's Tax Provision is expected to grow to about 41 M

	2024	2025 (projected)
Other Operating Expenses	84.8M	63.1M
Gross Profit	77.3M	73.5M

Other Operating Expenses Gross Profit

Beijing Dalong fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Short Long Term Debt
Total Assets		0.89	-0.24	0.83	0.67	0.88	0.3	-0.06	0.97	0.93	-0.77	0.8	-0.7	0.54	0.49	0.42	0.72	0.5	-0.18	0.66	0.71	0.17	-0.47	0.04	-0.1	0.04
Total Stockholder Equity	0.89		-0.07	0.94	0.55	0.81	0.28	0.0	0.85	0.66	-0.86	0.89	-0.81	0.52	0.53	0.33	0.44	0.3	0.05	0.47	0.47	0.04	-0.28	0.14	0.06	0.14
Other Liab	-0.24	-0.07		-0.21	-0.63	-0.37	0.37	0.77	-0.16	-0.32	-0.19	0.2	-0.25	-0.1	-0.58	-0.16	-0.75	-0.69	-0.02	-0.68	-0.72	-0.37	0.64	0.29	0.41	0.29
Retained Earnings	0.83	0.94	-0.21		0.51	0.84	0.08	-0.14	0.8	0.6	-0.7	0.69	-0.64	0.33	0.49	0.49	0.49	0.23	0.0	0.55	0.59	-0.15	-0.28	0.16	0.21	0.16
Accounts Payable	0.67	0.55	-0.63	0.51		0.64	0.14	-0.47	0.57	0.66	-0.54	0.47	-0.5	0.7	0.79	-0.11	0.77	0.87	-0.05	0.64	0.72	0.56	-0.8	-0.54	-0.65	-0.54
Cash	0.88	0.81	-0.37	0.84	0.64		-0.02	-0.3	0.82	0.8	-0.57	0.58	-0.52	0.33	0.48	0.42	0.74	0.44	-0.21	0.61	0.75	0.03	-0.51	0.08	-0.01	0.08
Other Assets	0.3	0.28	0.37	0.08	0.14	-0.02		0.49	0.35	0.29	-0.57	0.55	-0.57	0.44	-0.05	-0.13	-0.02	0.08	-0.01	-0.04	-0.05	0.12	-0.07	-0.11	-0.13	-0.11
Long Term Debt	-0.06	0.0	0.77	-0.14	-0.47	-0.3	0.49		0.08	-0.06	-0.25	0.26	-0.25	-0.04	-0.59	-0.02	-0.56	-0.56	-0.03	-0.53	-0.47	-0.37	0.57	0.26	0.43	0.26
Inventory	0.97	0.85	-0.16	0.8	0.57	0.82	0.35	0.08		0.93	-0.75	0.76	-0.65	0.47	0.37	0.52	0.67	0.38	-0.27	0.64	0.7	0.05	-0.37	0.07	0.02	0.07
Total Liab	0.93	0.66	-0.32	0.6	0.66	0.8	0.29	-0.06	0.93		-0.6	0.61	-0.52	0.48	0.37	0.43	0.82	0.56	-0.33	0.71	0.78	0.23	-0.54	-0.07	-0.22	-0.07
Intangible Assets	-0.77	-0.86	-0.19	-0.7	-0.54	-0.57	-0.57	-0.25	-0.75	-0.6		-0.94	0.98	-0.68	-0.4	-0.04	-0.25	-0.25	-0.05	-0.26	-0.26	-0.13	0.21	0.11	0.14	0.11
Common Stock	0.8	0.89	0.2	0.69	0.47	0.58	0.55	0.26	0.76	0.61	-0.94		-0.93	0.69	0.44	0.06	0.24	0.28	0.1	0.23	0.19	0.24	-0.17	0.06	-0.12	0.06
Property Plant Equipment	-0.7	-0.81	-0.25	-0.64	-0.5	-0.52	-0.57	-0.25	-0.65	-0.52	0.98	-0.93		-0.69	-0.37	0.06	-0.16	-0.22	-0.13	-0.16	-0.14	-0.16	0.19	0.12	0.17	0.12
Good Will	0.54	0.52	-0.1	0.33	0.7	0.33	0.44	-0.04	0.47	0.48	-0.68	0.69	-0.69		0.72	-0.25	0.37	0.72	0.01	0.31	0.29	0.64	-0.4	-0.62	-0.68	-0.62
Short Term Investments	0.49	0.53	-0.58	0.49	0.79	0.48	-0.05	-0.59	0.37	0.37	-0.4	0.44	-0.37	0.72		-0.08	0.56	0.79	0.09	0.53	0.5	0.61	-0.52	-0.46	-0.6	-0.46
Other Current Liab	0.42	0.33	-0.16	0.49	-0.11	0.42	-0.13	-0.02	0.52	0.43	-0.04	0.06	0.06	-0.25	-0.08		0.39	-0.15	-0.36	0.5	0.51	-0.42	0.1	0.37	0.53	0.37
Total Current Liabilities	0.72	0.44	-0.75	0.49	0.77	0.74	-0.02	-0.56	0.67	0.82	-0.25	0.24	-0.16	0.37	0.56	0.39		0.76	-0.33	0.88	0.95	0.35	-0.74	-0.26	-0.4	-0.26
Net Tangible Assets	0.5	0.3	-0.69	0.23	0.87	0.44	0.08	-0.56	0.38	0.56	-0.25	0.28	-0.22	0.72	0.79	-0.15	0.76		-0.05	0.64	0.63	0.8	-0.81	-0.58	-0.8	-0.58
Net Receivables	-0.18	0.05	-0.02	0.0	-0.05	-0.21	-0.01	-0.03	-0.27	-0.33	-0.05	0.1	-0.13	0.01	0.09	-0.36	-0.33	-0.05		-0.22	-0.37	0.1	0.18	0.13	-0.04	0.13
Other Current Assets	0.66	0.47	-0.68	0.55	0.64	0.61	-0.04	-0.53	0.64	0.71	-0.26	0.23	-0.16	0.31	0.53	0.5	0.88	0.64	-0.22		0.86	0.27	-0.7	-0.21	-0.29	-0.21
Total Current Assets	0.71	0.47	-0.72	0.59	0.72	0.75	-0.05	-0.47	0.7	0.78	-0.26	0.19	-0.14	0.29	0.5	0.51	0.95	0.63	-0.37	0.86		0.1	-0.65	-0.27	-0.2	-0.27
Non Current Assets Total	0.17	0.04	-0.37	-0.15	0.56	0.03	0.12	-0.37	0.05	0.23	-0.13	0.24	-0.16	0.64	0.61	-0.42	0.35	0.8	0.1	0.27	0.1		-0.52	-0.45	-0.89	-0.45
Non Currrent Assets Other	-0.47	-0.28	0.64	-0.28	-0.8	-0.51	-0.07	0.57	-0.37	-0.54	0.21	-0.17	0.19	-0.4	-0.52	0.1	-0.74	-0.81	0.18	-0.7	-0.65	-0.52		0.38	0.57	0.38
Common Stock Shares Outstanding	0.04	0.14	0.29	0.16	-0.54	0.08	-0.11	0.26	0.07	-0.07	0.11	0.06	0.12	-0.62	-0.46	0.37	-0.26	-0.58	0.13	-0.21	-0.27	-0.45	0.38		0.74	1.0
Net Invested Capital	-0.1	0.06	0.41	0.21	-0.65	-0.01	-0.13	0.43	0.02	-0.22	0.14	-0.12	0.17	-0.68	-0.6	0.53	-0.4	-0.8	-0.04	-0.29	-0.2	-0.89	0.57	0.74		0.74
Short Long Term Debt	0.04	0.14	0.29	0.16	-0.54	0.08	-0.11	0.26	0.07	-0.07	0.11	0.06	0.12	-0.62	-0.46	0.37	-0.26	-0.58	0.13	-0.21	-0.27	-0.45	0.38	1.0	0.74

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Beijing Dalong Account Relationship Matchups

Beijing Dalong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.4B	4.3B	4.2B	3.5B	4.0B	2.9B
Total Stockholder Equity	2.4B	2.5B	2.3B	1.9B	2.2B	1.7B
Retained Earnings	1.2B	1.3B	1.0B	712.8M	819.7M	757.2M
Accounts Payable	430.1M	555.4M	573.0M	538.0M	618.7M	649.7M
Cash	812.7M	975.8M	1.0B	548.1M	630.3M	485.4M
Other Assets	253.7M	282.0M	299.7M	323.6M	372.2M	350.3M
Inventory	2.8B	2.5B	2.3B	1.9B	2.2B	1.7B
Total Liab	1.9B	1.7B	1.8B	1.5B	1.7B	1.3B
Property Plant Equipment	72.4M	67.1M	64.3M	60.5M	54.4M	59.3M
Other Current Liab	1.4B	922.0M	44.6M	64.5M	58.0M	55.1M
Total Current Liabilities	1.9B	1.7B	1.8B	1.5B	1.7B	1.5B
Net Tangible Assets	2.3B	2.3B	2.4B	2.5B	2.8B	2.5B
Net Receivables	236.9M	245.7M	290.7M	344.7M	310.2M	244.3M
Other Current Assets	148.3M	63.7M	55.9M	58.2M	66.9M	64.8M
Total Current Assets	4.0B	3.9B	3.8B	2.9B	3.4B	3.7B
Non Current Assets Total	364.0M	384.1M	361.6M	556.9M	640.4M	419.1M
Non Currrent Assets Other	1.7M	4.9M	6.4M	78.3M	70.4M	66.9M
Net Invested Capital	2.4B	2.5B	2.3B	1.9B	1.7B	1.9B
Net Working Capital	2.1B	2.2B	2.0B	1.4B	1.3B	1.6B
Property Plant And Equipment Net	64.3M	60.5M	65.0M	59.5M	53.5M	50.6M
Property Plant And Equipment Gross	103.0M	102.6M	106.2M	102.4M	117.7M	113.8M

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Other Information on Investing in Beijing Stock

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

Cash vs Intangible Assets

Cash vs Intangible Assets Correlation Analysis

Correlation Coefficient

Cash

Intangible Assets

Beijing Dalong fundamental ratios Correlations

Beijing Dalong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Dalong fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

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COMPANY

Short Long Term Debt	+ 1.0	Common Stock Shares Outstanding
Property Plant Equipment	+ 0.98	Intangible Assets
Inventory	+ 0.97	Total Assets
Total Current Assets	+ 0.95	Total Current Liabilities
Retained Earnings	+ 0.94	Total Stockholder Equity
Total Liab	+ 0.93	Total Assets

Common Stock	- 0.94	Intangible Assets
Property Plant Equipment	- 0.93	Common Stock
Net Invested Capital	- 0.89	Non Current Assets Total
Intangible Assets	- 0.86	Total Stockholder Equity
Non Currrent Assets Other	- 0.81	Net Tangible Assets
Property Plant Equipment	- 0.81	Total Stockholder Equity