Beijing Net Income vs Net Income From Continuing Ops Analysis

603392 Stock   72.94  0.92  1.28%   
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 Net Income 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.

Net Income vs Net Income From Continuing Ops

Net Income 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 Net Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Beijing Wantai's Net Income and Net Income From Continuing Ops is 1.0. Overlapping area represents the amount of variation of Net Income 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 Net Income 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 Net Income 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 Net Income i.e., Beijing Wantai's Net Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Beijing Wantai Biological financial statement analysis. It represents the amount of money remaining after all of Beijing Wantai Biological operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B10.0B4.7B3.4B
Total Revenue5.8B11.2B5.5B4.0B

Beijing Wantai fundamental ratios Correlations

-0.290.881.0-0.680.991.00.970.980.980.710.970.98-0.720.970.710.90.880.880.951.00.720.880.98-0.060.88
-0.290.11-0.340.27-0.4-0.29-0.49-0.17-0.45-0.15-0.38-0.10.76-0.39-0.09-0.1-0.680.1-0.46-0.22-0.51-0.14-0.330.03-0.42
0.880.110.85-0.530.830.890.780.90.80.750.810.95-0.340.780.720.970.611.00.730.90.640.930.87-0.130.81
1.0-0.340.85-0.691.01.00.980.980.990.710.980.96-0.750.980.690.890.890.860.970.990.730.870.98-0.050.89
-0.680.27-0.53-0.69-0.7-0.66-0.68-0.69-0.67-0.2-0.62-0.60.56-0.77-0.6-0.51-0.67-0.53-0.79-0.68-0.69-0.63-0.61-0.5-0.68
0.99-0.40.831.0-0.70.990.990.970.990.70.980.95-0.780.980.680.870.920.830.970.980.750.850.97-0.040.89
1.0-0.290.891.0-0.660.990.970.980.980.730.970.98-0.710.970.710.910.870.890.941.00.710.880.98-0.10.88
0.97-0.490.780.98-0.680.990.970.921.00.680.960.91-0.840.960.690.840.960.780.950.950.770.820.98-0.080.88
0.98-0.170.90.98-0.690.970.980.920.930.680.940.97-0.630.970.720.90.790.90.940.990.660.880.940.00.85
0.98-0.450.80.99-0.670.990.981.00.930.710.980.93-0.820.960.670.860.950.810.950.960.770.840.98-0.10.88
0.71-0.150.750.71-0.20.70.730.680.680.710.780.73-0.370.630.370.830.590.740.590.710.590.770.72-0.340.75
0.97-0.380.810.98-0.620.980.970.960.940.980.780.93-0.770.950.560.860.910.810.940.960.740.830.95-0.040.87
0.98-0.10.950.96-0.60.950.980.910.970.930.730.93-0.590.910.710.930.780.950.870.980.640.890.97-0.130.82
-0.720.76-0.34-0.750.56-0.78-0.71-0.84-0.63-0.82-0.37-0.77-0.59-0.76-0.37-0.43-0.93-0.34-0.8-0.67-0.56-0.41-0.740.0-0.58
0.97-0.390.780.98-0.770.980.970.960.970.960.630.950.91-0.760.680.820.880.790.990.970.740.830.920.090.88
0.71-0.090.720.69-0.60.680.710.690.720.670.370.560.71-0.370.680.710.540.740.640.720.50.690.72-0.040.65
0.9-0.10.970.89-0.510.870.910.840.90.860.830.860.93-0.430.820.710.70.970.770.910.750.970.91-0.20.91
0.88-0.680.610.89-0.670.920.870.960.790.950.590.910.78-0.930.880.540.70.610.90.840.80.710.9-0.030.83
0.880.11.00.86-0.530.830.890.780.90.810.740.810.95-0.340.790.740.970.610.730.90.640.930.88-0.120.81
0.95-0.460.730.97-0.790.970.940.950.940.950.590.940.87-0.80.990.640.770.90.730.940.750.80.90.150.87
1.0-0.220.90.99-0.680.981.00.950.990.960.710.960.98-0.670.970.720.910.840.90.940.690.880.97-0.050.86
0.72-0.510.640.73-0.690.750.710.770.660.770.590.740.64-0.560.740.50.750.80.640.750.690.850.720.190.93
0.88-0.140.930.87-0.630.850.880.820.880.840.770.830.89-0.410.830.690.970.710.930.80.880.850.86-0.020.95
0.98-0.330.870.98-0.610.970.980.980.940.980.720.950.97-0.740.920.720.910.90.880.90.970.720.86-0.190.86
-0.060.03-0.13-0.05-0.5-0.04-0.1-0.080.0-0.1-0.34-0.04-0.130.00.09-0.04-0.2-0.03-0.120.15-0.050.19-0.02-0.190.02
0.88-0.420.810.89-0.680.890.880.880.850.880.750.870.82-0.580.880.650.910.830.810.870.860.930.950.860.02
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Beijing Wantai Account Relationship Matchups

Beijing Wantai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B3.5B7.0B16.2B15.7B16.5B
Other Current Liab259.3M203.3M421.5M480.6M3.8M3.6M
Total Current Liabilities492.0M829.0M2.4B3.5B2.7B1.5B
Total Stockholder Equity1.6B2.6B4.5B12.3B12.7B13.3B
Other Liab71.2M94.3M80.2M58.5M52.7M59.9M
Net Tangible Assets1.3B2.3B4.2B12.0B13.8B14.5B
Retained Earnings996.8M1.7B3.4B7.9B7.6B8.0B
Accounts Payable85.0M107.3M154.1M275.5M389.6M409.1M
Cash283.6M710.7M1.4B5.2B3.8B4.0B
Non Current Assets Total1.3B1.5B2.4B4.0B5.4B5.7B
Non Currrent Assets Other263.5M412.7M299.1M372.3M459.4M266.7M
Other Assets190.4M297.0M337.6M602.9M693.4M728.1M
Net Receivables264.0M691.3M2.3B3.9B3.0B3.1B
Short Term Investments58.0M50.4M40.4M2.0B2.1B2.2B
Non Current Liabilities Total92.2M94.3M117.7M179.4M161.4M138.1M
Inventory236.4M400.0M593.2M869.1M905.5M488.6M
Other Current Assets38.0M39.5M105.2M139.4M495.1M519.9M
Total Liab584.2M923.3M2.5B3.7B2.8B1.7B
Deferred Long Term Liab27.0M27.8M19.6M164.6M189.3M198.8M
Total Current Assets885.7M2.0B4.6B12.2B10.3B10.8B
Intangible Assets242.0M233.9M295.1M332.4M642.7M345.4M
Property Plant Equipment627.7M791.0M1.7B2.2B2.6B2.7B
Net Invested Capital1.6B2.6B4.7B12.6B12.9B13.5B
Net Working Capital393.6M1.1B2.3B8.7B7.6B8.0B

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.