Beijing Non Current Assets Total vs Net Receivables Analysis

688169 Stock   205.50  3.34  1.60%   
Beijing Roborock financial indicator trend analysis is way more than just evaluating Beijing Roborock Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Roborock Tec is a good investment. Please check the relationship between Beijing Roborock Non Current Assets Total and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Roborock Technology. 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.

Non Current Assets Total vs Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Roborock Tec Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Beijing Roborock's Non Current Assets Total and Net Receivables is 0.15. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Beijing Roborock Technology, assuming nothing else is changed. The correlation between historical values of Beijing Roborock's Non Current Assets Total 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 Non Current Assets Total of Beijing Roborock Technology 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 Non Current Assets Total i.e., Beijing Roborock's Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Receivables

Most indicators from Beijing Roborock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Roborock Tec 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 Roborock Technology. 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 Selling General Administrative is expected to grow to about 2 B, whereas Tax Provision is forecasted to decline to about 164.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.3B4.8B5.0B
Total Revenue5.8B6.6B8.7B4.7B

Beijing Roborock fundamental ratios Correlations

0.930.941.01.00.990.920.810.990.970.410.180.980.840.940.920.950.940.860.930.930.92-0.010.880.450.88
0.931.00.90.890.960.990.540.960.980.140.240.940.981.00.760.880.90.850.770.780.730.230.870.190.78
0.941.00.910.910.961.00.570.970.970.190.260.960.961.00.780.90.920.840.790.80.750.170.870.220.8
1.00.90.911.00.980.890.850.980.950.460.160.970.80.910.940.940.930.850.940.950.94-0.050.870.50.88
1.00.890.911.00.980.880.860.970.950.470.160.970.790.910.940.940.930.850.950.950.95-0.060.860.510.88
0.990.960.960.980.980.940.750.990.980.280.20.980.880.960.880.940.960.880.880.90.870.110.90.330.89
0.920.991.00.890.880.940.520.950.950.150.290.940.971.00.750.880.90.830.760.770.720.180.850.180.79
0.810.540.570.850.860.750.520.730.680.660.080.740.380.570.90.770.720.660.90.910.95-0.290.660.70.77
0.990.960.970.980.970.990.950.730.980.30.150.970.890.970.870.910.970.880.880.90.870.060.890.340.89
0.970.980.970.950.950.980.950.680.980.270.160.950.930.970.840.90.910.880.840.850.820.170.90.330.81
0.410.140.190.460.470.280.150.660.30.27-0.20.310.060.180.550.380.160.180.610.530.61-0.760.180.990.19
0.180.240.260.160.160.20.290.080.150.16-0.20.320.160.260.210.390.190.240.150.160.150.380.24-0.190.19
0.980.940.960.970.970.980.940.740.970.950.310.320.850.960.890.980.940.850.890.90.880.080.870.340.87
0.840.980.960.80.790.880.970.380.890.930.060.160.850.960.640.780.810.790.650.660.60.290.810.10.66
0.941.01.00.910.910.961.00.570.970.970.180.260.960.960.780.90.920.850.790.80.750.180.870.220.8
0.920.760.780.940.940.880.750.90.870.840.550.210.890.640.780.90.840.880.991.00.99-0.160.880.590.87
0.950.880.90.940.940.940.880.770.910.90.380.390.980.780.90.90.870.810.890.890.890.070.820.420.81
0.940.90.920.930.930.960.90.720.970.910.160.190.940.810.920.840.870.840.830.870.820.080.860.20.96
0.860.850.840.850.850.880.830.660.880.880.180.240.850.790.850.880.810.840.850.890.830.211.00.240.85
0.930.770.790.940.950.880.760.90.880.840.610.150.890.650.790.990.890.830.850.990.99-0.220.850.640.85
0.930.780.80.950.950.90.770.910.90.850.530.160.90.660.81.00.890.870.890.990.99-0.150.890.560.9
0.920.730.750.940.950.870.720.950.870.820.610.150.880.60.750.990.890.820.830.990.99-0.20.830.650.85
-0.010.230.17-0.05-0.060.110.18-0.290.060.17-0.760.380.080.290.18-0.160.070.080.21-0.22-0.15-0.20.22-0.69-0.01
0.880.870.870.870.860.90.850.660.890.90.180.240.870.810.870.880.820.861.00.850.890.830.220.230.86
0.450.190.220.50.510.330.180.70.340.330.99-0.190.340.10.220.590.420.20.240.640.560.65-0.690.230.21
0.880.780.80.880.880.890.790.770.890.810.190.190.870.660.80.870.810.960.850.850.90.85-0.010.860.21
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Beijing Roborock Account Relationship Matchups

Beijing Roborock fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B7.8B9.8B10.8B14.4B15.1B
Other Current Liab58.8M120.8M194.5M240.7M618.0M648.9M
Total Current Liabilities478.3M718.6M1.3B1.2B2.9B3.0B
Total Stockholder Equity1.5B7.1B8.5B9.6B11.4B11.9B
Net Tangible Assets1.5B7.1B8.5B9.5B11.0B11.5B
Retained Earnings878.1M2.1B3.4B4.4B6.2B6.5B
Accounts Payable276.8M337.7M686.6M589.6M1.5B1.6B
Cash247.8M1.4B1.3B1.8B893.0M812.9M
Non Current Assets Total135.4M1.8B3.3B3.5B5.5B5.8B
Non Currrent Assets Other40.4M1.4B1.2B1.9B3.5B3.7B
Other Assets13.8M1.3B747.6M106.0M121.8M115.8M
Net Receivables302.7M135.8M125.3M327.5M274.7M211.7M
Non Current Liabilities Total424.7K15.2M16.8M71.6M116.1M121.9M
Inventory296.6M381.0M595.6M693.7M928.2M974.6M
Other Current Assets85.5M111.8M170.5M126.5M1.0B1.1B
Total Liab478.8M733.8M1.3B1.3B3.0B3.1B
Total Current Assets1.8B6.0B6.5B7.3B8.9B4.5B
Property Plant Equipment67.4M60.9M1.3B1.4B1.6B1.7B
Short Term Investments895.2M3.8B4.1B3.8B5.0B2.8B
Net Invested Capital1.5B7.1B8.5B9.6B11.4B6.1B
Net Working Capital1.3B5.3B5.2B6.1B6.0B3.9B
Other Stockholder Equity3.6M(7.5M)(13.2M)4.5M4.1M4.3M

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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