Beijing Change To Liabilities vs Change To Inventory 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 Change To Liabilities and its Change To Inventory 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.

Change To Liabilities vs Change To Inventory

Change To Liabilities vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Dalong Weiye Change To Liabilities account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Dalong's Change To Liabilities and Change To Inventory is -0.46. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Inventory 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 Change To Liabilities and Change To 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 Change To Liabilities of Beijing Dalong Weiye are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change To Liabilities i.e., Beijing Dalong's Change To Liabilities and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Liabilities

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 Expenses84.8M63.1M
Gross Profit77.3M73.5M

Beijing Dalong fundamental ratios Correlations

0.89-0.240.830.670.880.3-0.060.970.93-0.770.8-0.70.540.490.420.720.5-0.180.660.710.17-0.470.04-0.10.04
0.89-0.070.940.550.810.280.00.850.66-0.860.89-0.810.520.530.330.440.30.050.470.470.04-0.280.140.060.14
-0.24-0.07-0.21-0.63-0.370.370.77-0.16-0.32-0.190.2-0.25-0.1-0.58-0.16-0.75-0.69-0.02-0.68-0.72-0.370.640.290.410.29
0.830.94-0.210.510.840.08-0.140.80.6-0.70.69-0.640.330.490.490.490.230.00.550.59-0.15-0.280.160.210.16
0.670.55-0.630.510.640.14-0.470.570.66-0.540.47-0.50.70.79-0.110.770.87-0.050.640.720.56-0.8-0.54-0.65-0.54
0.880.81-0.370.840.64-0.02-0.30.820.8-0.570.58-0.520.330.480.420.740.44-0.210.610.750.03-0.510.08-0.010.08
0.30.280.370.080.14-0.020.490.350.29-0.570.55-0.570.44-0.05-0.13-0.020.08-0.01-0.04-0.050.12-0.07-0.11-0.13-0.11
-0.060.00.77-0.14-0.47-0.30.490.08-0.06-0.250.26-0.25-0.04-0.59-0.02-0.56-0.56-0.03-0.53-0.47-0.370.570.260.430.26
0.970.85-0.160.80.570.820.350.080.93-0.750.76-0.650.470.370.520.670.38-0.270.640.70.05-0.370.070.020.07
0.930.66-0.320.60.660.80.29-0.060.93-0.60.61-0.520.480.370.430.820.56-0.330.710.780.23-0.54-0.07-0.22-0.07
-0.77-0.86-0.19-0.7-0.54-0.57-0.57-0.25-0.75-0.6-0.940.98-0.68-0.4-0.04-0.25-0.25-0.05-0.26-0.26-0.130.210.110.140.11
0.80.890.20.690.470.580.550.260.760.61-0.94-0.930.690.440.060.240.280.10.230.190.24-0.170.06-0.120.06
-0.7-0.81-0.25-0.64-0.5-0.52-0.57-0.25-0.65-0.520.98-0.93-0.69-0.370.06-0.16-0.22-0.13-0.16-0.14-0.160.190.120.170.12
0.540.52-0.10.330.70.330.44-0.040.470.48-0.680.69-0.690.72-0.250.370.720.010.310.290.64-0.4-0.62-0.68-0.62
0.490.53-0.580.490.790.48-0.05-0.590.370.37-0.40.44-0.370.72-0.080.560.790.090.530.50.61-0.52-0.46-0.6-0.46
0.420.33-0.160.49-0.110.42-0.13-0.020.520.43-0.040.060.06-0.25-0.080.39-0.15-0.360.50.51-0.420.10.370.530.37
0.720.44-0.750.490.770.74-0.02-0.560.670.82-0.250.24-0.160.370.560.390.76-0.330.880.950.35-0.74-0.26-0.4-0.26
0.50.3-0.690.230.870.440.08-0.560.380.56-0.250.28-0.220.720.79-0.150.76-0.050.640.630.8-0.81-0.58-0.8-0.58
-0.180.05-0.020.0-0.05-0.21-0.01-0.03-0.27-0.33-0.050.1-0.130.010.09-0.36-0.33-0.05-0.22-0.370.10.180.13-0.040.13
0.660.47-0.680.550.640.61-0.04-0.530.640.71-0.260.23-0.160.310.530.50.880.64-0.220.860.27-0.7-0.21-0.29-0.21
0.710.47-0.720.590.720.75-0.05-0.470.70.78-0.260.19-0.140.290.50.510.950.63-0.370.860.1-0.65-0.27-0.2-0.27
0.170.04-0.37-0.150.560.030.12-0.370.050.23-0.130.24-0.160.640.61-0.420.350.80.10.270.1-0.52-0.45-0.89-0.45
-0.47-0.280.64-0.28-0.8-0.51-0.070.57-0.37-0.540.21-0.170.19-0.4-0.520.1-0.74-0.810.18-0.7-0.65-0.520.380.570.38
0.040.140.290.16-0.540.08-0.110.260.07-0.070.110.060.12-0.62-0.460.37-0.26-0.580.13-0.21-0.27-0.450.380.741.0
-0.10.060.410.21-0.65-0.01-0.130.430.02-0.220.14-0.120.17-0.68-0.60.53-0.4-0.8-0.04-0.29-0.2-0.890.570.740.74
0.040.140.290.16-0.540.08-0.110.260.07-0.070.110.060.12-0.62-0.460.37-0.26-0.580.13-0.21-0.27-0.450.381.00.74
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Beijing Dalong Account Relationship Matchups

Beijing Dalong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.4B4.3B4.2B3.5B4.0B2.9B
Total Stockholder Equity2.4B2.5B2.3B1.9B2.2B1.7B
Retained Earnings1.2B1.3B1.0B712.8M819.7M757.2M
Accounts Payable430.1M555.4M573.0M538.0M618.7M649.7M
Cash812.7M975.8M1.0B548.1M630.3M485.4M
Other Assets253.7M282.0M299.7M323.6M372.2M350.3M
Inventory2.8B2.5B2.3B1.9B2.2B1.7B
Total Liab1.9B1.7B1.8B1.5B1.7B1.3B
Property Plant Equipment72.4M67.1M64.3M60.5M54.4M59.3M
Other Current Liab1.4B922.0M44.6M64.5M58.0M55.1M
Total Current Liabilities1.9B1.7B1.8B1.5B1.7B1.5B
Net Tangible Assets2.3B2.3B2.4B2.5B2.8B2.5B
Net Receivables236.9M245.7M290.7M344.7M310.2M244.3M
Other Current Assets148.3M63.7M55.9M58.2M66.9M64.8M
Total Current Assets4.0B3.9B3.8B2.9B3.4B3.7B
Non Current Assets Total364.0M384.1M361.6M556.9M640.4M419.1M
Non Currrent Assets Other1.7M4.9M6.4M78.3M70.4M66.9M
Net Invested Capital2.4B2.5B2.3B1.9B1.7B1.9B
Net Working Capital2.1B2.2B2.0B1.4B1.3B1.6B
Property Plant And Equipment Net64.3M60.5M65.0M59.5M53.5M50.6M
Property Plant And Equipment Gross103.0M102.6M106.2M102.4M117.7M113.8M

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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.