Beijing Other Current Liab vs Non Currrent Assets Other 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 Other Current Liab and its Non Currrent Assets Other 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.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Wantai Biological Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Beijing Wantai's Other Current Liab and Non Currrent Assets Other is -0.15. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other 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 Other Current Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Beijing Wantai Biological are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Beijing Wantai's Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.