Beijing Total Current Liabilities vs Total Current Assets Analysis

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 Total Current Liabilities and its Total Current Assets 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.

Total Current Liabilities vs Total Current Assets

Total Current Liabilities vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Sanyuan Foods Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Beijing Sanyuan's Total Current Liabilities and Total Current Assets is -0.68. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets 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 Total Current Liabilities and Total Current 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 Total Current Liabilities of Beijing Sanyuan Foods are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Beijing Sanyuan's Total Current Liabilities and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Beijing Sanyuan balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beijing Sanyuan Foods are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 M
 2021 2022 2023 2024 (projected)
Income Before Tax263.5M45.8M234.6M246.3M
Cost Of Revenue5.8B6.0B6.0B3.3B

Beijing Sanyuan fundamental ratios Correlations

0.560.790.860.630.90.540.480.810.86-0.620.60.740.950.750.840.340.880.72-0.78-0.20.450.840.52-0.610.52
0.560.290.340.160.520.15-0.020.660.41-0.130.580.570.60.320.31-0.040.370.33-0.32-0.010.00.260.330.08-0.04
0.790.290.630.870.780.220.610.450.58-0.690.70.410.790.450.680.770.630.4-0.49-0.30.840.840.8-0.680.72
0.860.340.630.460.860.790.40.50.75-0.370.50.580.680.50.970.350.660.46-0.54-0.180.360.70.38-0.620.4
0.630.160.870.460.590.010.80.380.41-0.840.610.260.660.360.50.80.530.31-0.4-0.650.910.840.82-0.720.79
0.90.520.780.860.590.480.420.60.78-0.440.790.70.820.450.880.470.640.42-0.5-0.270.50.780.62-0.520.44
0.540.150.220.790.010.480.010.260.5-0.040.120.40.310.340.680.010.410.31-0.330.15-0.010.23-0.06-0.240.04
0.48-0.020.610.40.80.420.010.30.35-0.520.350.130.470.370.430.550.440.32-0.36-0.810.620.620.53-0.680.61
0.810.660.450.50.380.60.260.30.78-0.560.330.840.890.870.45-0.060.870.88-0.87-0.10.130.610.2-0.340.29
0.860.410.580.750.410.780.50.350.78-0.490.370.750.830.780.730.110.870.76-0.8-0.110.240.710.2-0.590.36
-0.62-0.13-0.69-0.37-0.84-0.44-0.04-0.52-0.56-0.49-0.33-0.37-0.69-0.6-0.35-0.47-0.7-0.590.640.34-0.69-0.83-0.550.68-0.7
0.60.580.70.50.610.790.120.350.330.37-0.330.380.590.020.530.580.22-0.03-0.04-0.40.570.520.87-0.150.37
0.740.570.410.580.260.70.40.130.840.75-0.370.380.740.620.530.050.690.64-0.67-0.070.140.510.1-0.30.11
0.950.60.790.680.660.820.310.470.890.83-0.690.590.740.810.670.30.90.78-0.82-0.180.460.830.55-0.540.54
0.750.320.450.50.360.450.340.370.870.78-0.60.020.620.810.44-0.10.960.99-0.980.030.120.630.04-0.530.37
0.840.310.680.970.50.880.680.430.450.73-0.350.530.530.670.440.450.640.41-0.51-0.210.440.750.44-0.670.5
0.34-0.040.770.350.80.470.010.55-0.060.11-0.470.580.050.3-0.10.450.13-0.150.04-0.510.960.590.76-0.560.72
0.880.370.630.660.530.640.410.440.870.87-0.70.220.690.90.960.640.130.94-0.97-0.070.330.80.23-0.670.53
0.720.330.40.460.310.420.310.320.880.76-0.59-0.030.640.780.990.41-0.150.94-0.990.060.070.61-0.01-0.510.33
-0.78-0.32-0.49-0.54-0.4-0.5-0.33-0.36-0.87-0.80.64-0.04-0.67-0.82-0.98-0.510.04-0.97-0.99-0.02-0.17-0.69-0.060.62-0.4
-0.2-0.01-0.3-0.18-0.65-0.270.15-0.81-0.1-0.110.34-0.4-0.07-0.180.03-0.21-0.51-0.070.06-0.02-0.52-0.36-0.460.39-0.43
0.450.00.840.360.910.5-0.010.620.130.24-0.690.570.140.460.120.440.960.330.07-0.17-0.520.730.8-0.640.83
0.840.260.840.70.840.780.230.620.610.71-0.830.520.510.830.630.750.590.80.61-0.69-0.360.730.64-0.830.79
0.520.330.80.380.820.62-0.060.530.20.2-0.550.870.10.550.040.440.760.23-0.01-0.06-0.460.80.64-0.340.65
-0.610.08-0.68-0.62-0.72-0.52-0.24-0.68-0.34-0.590.68-0.15-0.3-0.54-0.53-0.67-0.56-0.67-0.510.620.39-0.64-0.83-0.34-0.66
0.52-0.040.720.40.790.440.040.610.290.36-0.70.370.110.540.370.50.720.530.33-0.4-0.430.830.790.65-0.66
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Beijing Sanyuan Account Relationship Matchups

Beijing Sanyuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B13.4B12.6B14.0B9.3B6.0B
Other Current Liab1.7B552.9M553.6M1.6B22.7M21.6M
Total Current Liabilities2.9B4.2B3.0B4.7B3.7B3.9B
Total Stockholder Equity5.0B5.0B5.1B5.0B5.1B2.8B
Retained Earnings209.1M191.0M428.7M533.1M445.3M467.6M
Accounts Payable754.2M781.3M760.7M1.2B809.7M471.4M
Cash1.9B2.0B1.3B950.4M1.2B951.0M
Other Assets141.4M155.6M583.0M279.0M320.8M336.9M
Long Term Debt3.1B1.9B2.4B2.0B27.8M26.5M
Net Receivables920.1M833.9M885.4M693.4M620.5M476.0M
Short Term Investments1.2M24.7K3.7M34.1M30.7M29.1M
Inventory541.4M475.4M527.1M1.9B781.6M438.7M
Other Current Assets183.6M110.3M126.8M162.5M47.2M87.3M
Total Liab7.4B7.4B6.5B7.9B4.0B2.9B
Intangible Assets3.8B4.3B3.9B393.3M390.0M370.5M
Property Plant Equipment2.6B2.5B2.4B6.6B7.6B8.0B
Other Liab1.3B1.3B1.2B527.2M606.3M380.6M
Good Will1.7B1.7B1.5B19.9M20.8M19.7M
Net Tangible Assets(863.4M)(1.0B)(300.3M)4.6B4.1B4.3B
Other Stockholder Equity(2.2M)29.1M(44.6M)(26.0M)(23.4M)(22.3M)
Deferred Long Term Liab75.1M78.2M73.4M168.1M193.4M203.0M
Short Long Term Debt274.7M523.8M433.5M1.6B960.7M508.6M
Total Current Assets3.6B3.5B2.7B4.7B2.8B3.0B
Non Current Assets Total9.8B9.9B9.8B9.4B6.6B8.7B
Non Currrent Assets Other1.3M1.4M430.1M36.1M3.9M3.7M
Non Current Liabilities Total4.5B3.2B3.6B3.2B300.4M285.4M
Non Current Liabilities Other3.2B869.0K2.3M2.5M2.3M2.2M
Net Invested Capital8.4B7.4B7.9B8.5B6.1B8.2B
Net Working Capital666.8M(731.9M)(209.0M)(77.9M)(971.5M)(923.0M)
Net Debt1.5B411.2M1.5B2.6B3.0B1.6B

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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.