Beijing Cost Of Revenue vs Net Income From Continuing Ops Analysis

603392 Stock   67.08  0.65  0.96%   
Beijing Wantai financial indicator trend analysis is way more than just evaluating Beijing Wantai Biological prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Wantai Biological is a good investment. Please check the relationship between Beijing Wantai Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Wantai Biological. 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.

Cost Of Revenue vs Net Income From Continuing Ops

Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Wantai Biological Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beijing Wantai's Cost Of Revenue and Net Income From Continuing Ops is 0.91. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Beijing Wantai Biological, assuming nothing else is changed. The correlation between historical values of Beijing Wantai's Cost Of Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Beijing Wantai Biological are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Beijing Wantai's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Beijing Wantai Biological income statement and represents the costs associated with goods and services Beijing Wantai provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income From Continuing Ops

Most indicators from Beijing Wantai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Wantai Biological 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 Wantai Biological. 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 Tax Provision is expected to grow to about 171.5 M, whereas Selling General Administrative is forecasted to decline to about 1.2 B.
 2022 2023 2024 2025 (projected)
Gross Profit10.0B4.7B5.4B3.4B
Total Revenue11.2B5.5B6.3B4.0B

Beijing Wantai fundamental ratios Correlations

-0.470.881.0-0.731.01.00.980.990.980.760.980.98-0.680.980.750.990.910.880.971.00.890.880.980.060.86
-0.47-0.13-0.510.38-0.5-0.47-0.63-0.37-0.6-0.35-0.48-0.30.63-0.54-0.27-0.48-0.76-0.13-0.55-0.41-0.77-0.32-0.43-0.09-0.58
0.88-0.130.86-0.610.860.880.80.890.820.810.850.93-0.30.810.780.880.681.00.780.90.630.960.90.010.83
1.0-0.510.86-0.741.01.00.980.980.990.760.980.97-0.690.990.740.990.930.860.980.990.910.870.980.070.87
-0.730.38-0.61-0.74-0.74-0.72-0.73-0.74-0.72-0.35-0.67-0.670.49-0.8-0.67-0.64-0.71-0.62-0.82-0.73-0.73-0.68-0.66-0.55-0.71
1.0-0.50.861.0-0.741.00.980.980.990.760.980.97-0.680.990.750.990.920.870.980.990.90.880.980.070.87
1.0-0.470.881.0-0.721.00.980.990.980.770.980.98-0.670.980.760.990.910.890.961.00.880.890.990.030.86
0.98-0.630.80.98-0.730.980.980.941.00.740.960.93-0.750.970.740.980.970.80.960.960.950.840.970.050.87
0.99-0.370.890.98-0.740.980.990.940.940.730.960.98-0.610.970.760.960.840.90.961.00.820.890.960.10.83
0.98-0.60.820.99-0.720.990.981.00.940.760.970.94-0.740.970.720.980.970.820.960.970.950.850.970.040.87
0.76-0.350.810.76-0.350.760.770.740.730.760.820.77-0.320.710.520.80.690.80.680.750.620.840.77-0.150.82
0.98-0.480.850.98-0.670.980.980.960.960.970.820.96-0.690.960.640.980.910.850.950.980.880.860.960.060.84
0.98-0.30.930.97-0.670.970.980.930.980.940.770.96-0.590.930.750.980.830.940.910.990.80.890.98-0.020.81
-0.680.63-0.3-0.690.49-0.68-0.67-0.75-0.61-0.74-0.32-0.69-0.59-0.69-0.36-0.68-0.79-0.31-0.7-0.64-0.82-0.32-0.66-0.02-0.42
0.98-0.540.810.99-0.80.990.980.970.970.970.710.960.93-0.690.730.950.920.811.00.980.910.850.930.180.87
0.75-0.270.780.74-0.670.750.760.740.760.720.520.640.75-0.360.730.750.640.790.710.760.60.780.770.080.73
0.99-0.480.880.99-0.640.990.990.980.960.980.80.980.98-0.680.950.750.910.880.930.980.880.871.0-0.060.85
0.91-0.760.680.93-0.710.920.910.970.840.970.690.910.83-0.790.920.640.910.680.910.880.990.750.90.110.85
0.88-0.131.00.86-0.620.870.890.80.90.820.80.850.94-0.310.810.790.880.680.780.90.630.960.90.010.84
0.97-0.550.780.98-0.820.980.960.960.960.960.680.950.91-0.71.00.710.930.910.780.960.910.830.910.240.85
1.0-0.410.90.99-0.730.991.00.961.00.970.750.980.99-0.640.980.760.980.880.90.960.850.890.980.060.85
0.89-0.770.630.91-0.730.90.880.950.820.950.620.880.8-0.820.910.60.880.990.630.910.850.710.860.190.82
0.88-0.320.960.87-0.680.880.890.840.890.850.840.860.89-0.320.850.780.870.750.960.830.890.710.880.110.95
0.98-0.430.90.98-0.660.980.990.970.960.970.770.960.98-0.660.930.771.00.90.90.910.980.860.88-0.070.83
0.06-0.090.010.07-0.550.070.030.050.10.04-0.150.06-0.02-0.020.180.08-0.060.110.010.240.060.190.11-0.070.19
0.86-0.580.830.87-0.710.870.860.870.830.870.820.840.81-0.420.870.730.850.850.840.850.850.820.950.830.19
Click cells to compare fundamentals

Beijing Wantai Account Relationship Matchups

Beijing Wantai fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.5B7.0B16.2B15.7B18.1B19.0B
Other Current Liab203.3M421.5M480.6M3.8M3.4M3.2M
Total Current Liabilities829.0M2.4B3.5B2.7B3.1B1.5B
Total Stockholder Equity2.6B4.5B12.3B12.7B14.6B15.3B
Other Liab71.2M94.3M80.2M58.5M52.7M59.9M
Net Tangible Assets1.3B2.3B4.2B12.0B13.8B14.5B
Retained Earnings1.7B3.4B7.9B7.6B8.7B9.1B
Accounts Payable107.3M154.1M275.5M389.6M448.0M470.4M
Cash710.7M1.4B5.2B3.8B4.4B4.6B
Non Current Assets Total1.5B2.4B4.0B5.4B6.2B6.5B
Non Currrent Assets Other412.7M299.1M372.3M459.4M528.3M266.7M
Other Assets190.4M297.0M337.6M602.9M693.4M728.1M
Net Receivables691.3M2.3B3.9B3.0B3.4B3.6B
Short Term Investments50.4M40.4M2.0B2.1B2.4B2.5B
Non Current Liabilities Total94.3M117.7M179.4M161.4M185.6M138.1M
Inventory400.0M593.2M869.1M905.5M1.0B1.1B
Other Current Assets39.5M105.2M139.4M495.1M569.4M597.9M
Total Liab923.3M2.5B3.7B2.8B3.3B1.7B
Deferred Long Term Liab27.0M27.8M19.6M164.6M189.3M198.8M
Total Current Assets2.0B4.6B12.2B10.3B11.8B12.4B
Intangible Assets233.9M295.1M332.4M642.7M739.2M776.1M
Property Plant Equipment627.7M791.0M1.7B2.2B2.6B2.7B
Net Invested Capital2.6B4.7B12.6B12.9B14.8B15.6B
Net Working Capital1.1B2.3B8.7B7.6B8.8B9.2B
Capital Stock433.6M607.0M906.1M1.3B1.5B732.4M
Property Plant And Equipment Net791.0M1.7B2.2B2.6B3.0B1.8B
Property Plant And Equipment Gross1.1B2.1B2.8B2.6B3.0B2.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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