Beijing Total Current Assets vs Net Receivables Analysis

601816 Stock   6.06  0.08  1.30%   
Beijing Shanghai financial indicator trend analysis is way more than just evaluating Beijing Shanghai High prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Shanghai High is a good investment. Please check the relationship between Beijing Shanghai Total Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Shanghai High Speed. 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.

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Shanghai High Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Beijing Shanghai's Total Current Assets and Net Receivables is 0.02. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Beijing Shanghai High Speed, assuming nothing else is changed. The correlation between historical values of Beijing Shanghai's Total Current Assets and Net Receivables 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 Assets of Beijing Shanghai High Speed are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Beijing Shanghai's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Net Receivables

Most indicators from Beijing Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Shanghai High 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 Shanghai High Speed. 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 Selling General Administrative is expected to grow to about 28.2 M, whereas Tax Provision is forecasted to decline to about 2.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.5B2.6B18.6B9.6B
Total Revenue29.3B19.3B40.7B32.2B

Beijing Shanghai fundamental ratios Correlations

0.020.640.96-0.710.660.320.00.5-0.740.98-0.81-0.080.96-0.290.34-0.750.97-0.710.850.961.0-0.8-0.720.991.0
0.020.420.110.230.380.14-0.710.28-0.220.00.42-0.79-0.070.710.46-0.380.2-0.390.390.020.02-0.1-0.370.020.04
0.640.420.69-0.210.760.220.120.54-0.470.53-0.12-0.110.550.310.6-0.540.72-0.50.830.520.63-0.77-0.510.550.64
0.960.110.69-0.710.830.470.010.68-0.840.89-0.7-0.180.86-0.310.55-0.860.98-0.830.920.870.96-0.9-0.840.920.97
-0.710.23-0.21-0.71-0.4-0.63-0.06-0.640.86-0.690.830.19-0.650.56-0.420.63-0.630.59-0.42-0.69-0.720.450.6-0.72-0.72
0.660.380.760.83-0.40.53-0.020.81-0.750.51-0.22-0.30.45-0.120.81-0.860.79-0.840.920.470.66-0.92-0.850.550.67
0.320.140.220.47-0.630.53-0.110.9-0.70.21-0.26-0.390.15-0.370.82-0.620.34-0.60.340.190.32-0.37-0.610.260.34
0.0-0.710.120.01-0.06-0.02-0.11-0.040.15-0.07-0.10.740.01-0.35-0.080.35-0.090.38-0.12-0.090.0-0.220.34-0.070.0
0.50.280.540.68-0.640.810.9-0.04-0.840.35-0.25-0.410.29-0.260.96-0.790.58-0.760.640.330.5-0.66-0.760.410.51
-0.74-0.22-0.47-0.840.86-0.75-0.70.15-0.84-0.660.580.51-0.580.33-0.730.89-0.780.85-0.72-0.66-0.750.660.86-0.71-0.75
0.980.00.530.89-0.690.510.21-0.070.35-0.66-0.86-0.070.99-0.250.18-0.660.93-0.620.761.00.98-0.67-0.631.00.97
-0.810.42-0.12-0.70.83-0.22-0.26-0.1-0.250.58-0.86-0.13-0.850.640.020.46-0.680.43-0.42-0.85-0.810.450.43-0.85-0.8
-0.08-0.79-0.11-0.180.19-0.3-0.390.74-0.410.51-0.07-0.130.03-0.38-0.480.51-0.20.52-0.25-0.12-0.1-0.030.52-0.12-0.12
0.96-0.070.550.86-0.650.450.150.010.29-0.580.99-0.850.03-0.230.11-0.570.9-0.540.720.980.96-0.65-0.540.980.96
-0.290.710.31-0.310.56-0.12-0.37-0.35-0.260.33-0.250.64-0.38-0.23-0.020.22-0.190.2-0.04-0.21-0.290.290.21-0.26-0.27
0.340.460.60.55-0.420.810.82-0.080.96-0.730.180.02-0.480.11-0.02-0.720.46-0.70.60.160.34-0.59-0.70.230.36
-0.75-0.38-0.54-0.860.63-0.86-0.620.35-0.790.89-0.660.460.51-0.570.22-0.72-0.830.99-0.85-0.64-0.750.740.99-0.7-0.75
0.970.20.720.98-0.630.790.34-0.090.58-0.780.93-0.68-0.20.9-0.190.46-0.83-0.810.940.910.97-0.87-0.810.940.97
-0.71-0.39-0.5-0.830.59-0.84-0.60.38-0.760.85-0.620.430.52-0.540.2-0.70.99-0.81-0.82-0.6-0.720.711.0-0.67-0.72
0.850.390.830.92-0.420.920.34-0.120.64-0.720.76-0.42-0.250.72-0.040.6-0.850.94-0.820.730.84-0.92-0.820.780.84
0.960.020.520.87-0.690.470.19-0.090.33-0.661.0-0.85-0.120.98-0.210.16-0.640.91-0.60.730.97-0.63-0.610.990.96
1.00.020.630.96-0.720.660.320.00.5-0.750.98-0.81-0.10.96-0.290.34-0.750.97-0.720.840.97-0.8-0.730.991.0
-0.8-0.1-0.77-0.90.45-0.92-0.37-0.22-0.660.66-0.670.45-0.03-0.650.29-0.590.74-0.870.71-0.92-0.63-0.80.72-0.7-0.8
-0.72-0.37-0.51-0.840.6-0.85-0.610.34-0.760.86-0.630.430.52-0.540.21-0.70.99-0.811.0-0.82-0.61-0.730.72-0.67-0.73
0.990.020.550.92-0.720.550.26-0.070.41-0.711.0-0.85-0.120.98-0.260.23-0.70.94-0.670.780.990.99-0.7-0.670.99
1.00.040.640.97-0.720.670.340.00.51-0.750.97-0.8-0.120.96-0.270.36-0.750.97-0.720.840.961.0-0.8-0.730.99
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Beijing Shanghai Account Relationship Matchups

Beijing Shanghai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets185.2B300.9B295.3B288.5B292.2B260.6B
Other Current Liab8.8B5.3B2.9B22.9M22.9M21.7M
Total Current Liabilities12.9B14.3B9.0B9.3B14.7B11.3B
Total Stockholder Equity158.8B183.6B186.8B184.0B195.0B184.3B
Other Liab711.3M7.7B668.0M641.3M577.2M548.3M
Net Tangible Assets118.1B144.5B124.6B128.4B147.7B135.6B
Retained Earnings11.3B11.9B15.1B6.8B16.5B14.0B
Accounts Payable101.5M188.0M214.8M799.2M1.6B1.7B
Cash9.3B7.9B8.9B5.3B12.9B9.3B
Other Assets1.3B2.7B953.7M788.8M709.9M674.4M
Long Term Debt20.2B77.5B74.5B71.3B58.9B51.6B
Net Receivables3.5B956.7M230.8M248.9M982.2M1.1B
Other Current Assets28.6M49.2M66.1M101.9M143.9M84.9M
Total Liab26.4B92.4B84.1B81.3B74.3B63.2B
Short Long Term Debt3.5B2.1B6.0B2.0B1.8B2.8B
Total Current Assets13.6B10.3B9.3B6.0B14.4B11.4B
Intangible Assets43.0B59.0B58.4B57.9B58.4B50.4B
Property Plant Equipment132.8B239.1B230.6B226.8B260.8B202.2B
Net Debt10.9B75.5B67.6B66.0B46.0B46.5B
Non Current Assets Total174.3B290.6B286.0B282.5B277.8B258.0B
Non Currrent Assets Other778.6M951.2M774.6M719.5M368.3M688.5M
Non Current Liabilities Total20.9B78.1B75.2B72.0B59.6B55.4B
Net Invested Capital179.0B267.1B263.4B255.3B253.9B245.2B
Net Working Capital5.3B(4.0B)283.9M(3.3B)(314.9M)(299.2M)

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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