600429 Stock | | | 4.84 0.15 3.20% |
Beijing Sanyuan financial indicator trend analysis is way more than just evaluating Beijing Sanyuan Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Sanyuan Foods is a good investment. Please check the relationship between Beijing Sanyuan Long Term Investments and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Sanyuan Foods. 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.
Long Term Investments vs Cash
Long Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Sanyuan Foods Long Term Investments account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Sanyuan's Long Term Investments and Cash is 0.23. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Beijing Sanyuan Foods, assuming nothing else is changed. The correlation between historical values of Beijing Sanyuan's Long Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Beijing Sanyuan Foods are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Investments i.e., Beijing Sanyuan's Long Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Beijing Sanyuan balance sheet that represents investments Beijing Sanyuan Foods intends to hold for over a year. Beijing Sanyuan Foods long term investments may include different instruments such as stocks, bonds, real estate and cash.
Cash
Cash refers to the most liquid asset of Beijing Sanyuan Foods, which is listed under current asset account on Beijing Sanyuan Foods balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beijing Sanyuan customers. The amounts must be unrestricted with restricted cash listed in a different Beijing Sanyuan 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.
Most indicators from Beijing Sanyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Sanyuan Foods 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 Sanyuan Foods. 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.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 1.1
B. In addition to that,
Tax Provision is expected to decline to about 13.9
MBeijing Sanyuan fundamental ratios Correlations
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Beijing Sanyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Sanyuan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Sanyuan Foods at a specified time, usually calculated after every quarter, six months, or one year. Beijing Sanyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Sanyuan 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.