Beijing Change To Netincome vs Capital Expenditures Analysis

000860 Stock

20.33 0.65 3.10%

Beijing Shunxin financial indicator trend analysis is way more than just evaluating Beijing Shunxin Agri prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Shunxin Agri is a good investment. Please check the relationship between Beijing Shunxin Change To Netincome and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Shunxin Agriculture. 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.

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Shunxin Agri Change To Netincome account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Beijing Shunxin's Change To Netincome and Capital Expenditures is -0.45. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Beijing Shunxin Agriculture, assuming nothing else is changed. The correlation between historical values of Beijing Shunxin's Change To Netincome and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Beijing Shunxin Agriculture are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Netincome i.e., Beijing Shunxin's Change To Netincome and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change To Netincome

Capital Expenditures

Capital Expenditures are funds used by Beijing Shunxin Agri to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Beijing Shunxin operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Beijing Shunxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Shunxin Agri 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 Shunxin Agriculture. 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 125.4 M, whereas Tax Provision is forecasted to decline to about 333.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	262.2M	233.1M	208.8M	116.4M
Depreciation And Amortization	290.1M	305.4M	326.8M	343.2M

Interest Expense Depreciation And Amortization

Beijing Shunxin fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Retained Earnings	Short Term Investments	Intangible Assets
Total Assets		0.79	0.46	0.91	0.94	0.89	0.43	-0.41	0.3	0.86	0.86	0.7	-0.1	0.71	0.8	0.79	0.82	0.74	0.97	0.99	0.41	0.84	-0.08	0.89	-0.06	0.75
Short Long Term Debt Total	0.79		0.23	0.88	0.58	0.83	0.25	0.13	0.24	0.54	0.83	0.35	0.24	0.31	0.54	0.73	0.47	0.42	0.86	0.74	0.83	0.63	0.26	0.56	-0.23	0.83
Other Current Liab	0.46	0.23		0.42	0.36	0.44	-0.47	-0.07	-0.36	0.21	0.31	0.02	0.16	0.18	0.52	0.72	0.25	0.56	0.49	0.48	0.08	0.11	0.23	0.22	-0.36	0.43
Total Current Liabilities	0.91	0.88	0.42		0.75	0.8	0.39	-0.25	0.17	0.78	0.79	0.61	0.03	0.45	0.56	0.74	0.72	0.47	0.96	0.91	0.69	0.75	0.19	0.78	-0.1	0.73
Total Stockholder Equity	0.94	0.58	0.36	0.75		0.81	0.49	-0.57	0.38	0.86	0.8	0.79	-0.23	0.88	0.77	0.62	0.84	0.81	0.83	0.93	0.15	0.88	-0.32	0.94	0.07	0.61
Property Plant And Equipment Net	0.89	0.83	0.44	0.8	0.81		0.18	-0.01	0.32	0.54	0.98	0.47	0.11	0.67	0.76	0.78	0.5	0.8	0.88	0.82	0.51	0.78	0.04	0.66	-0.04	0.94
Current Deferred Revenue	0.43	0.25	-0.47	0.39	0.49	0.18		-0.63	0.41	0.7	0.26	0.78	-0.45	0.46	0.16	-0.05	0.62	0.04	0.35	0.45	0.05	0.59	-0.38	0.67	0.42	0.04
Net Debt	-0.41	0.13	-0.07	-0.25	-0.57	-0.01	-0.63		-0.21	-0.77	-0.03	-0.74	0.62	-0.51	-0.29	-0.03	-0.78	-0.22	-0.29	-0.5	0.41	-0.42	0.49	-0.68	-0.26	0.2
Accounts Payable	0.3	0.24	-0.36	0.17	0.38	0.32	0.41	-0.21		0.33	0.43	0.45	-0.26	0.45	0.28	-0.02	0.41	0.25	0.22	0.24	0.01	0.46	-0.3	0.33	0.5	0.2
Cash	0.86	0.54	0.21	0.78	0.86	0.54	0.7	-0.77	0.33		0.56	0.86	-0.38	0.64	0.6	0.5	0.97	0.46	0.8	0.9	0.19	0.76	-0.25	0.94	0.08	0.36
Non Current Assets Total	0.86	0.83	0.31	0.79	0.8	0.98	0.26	-0.03	0.43	0.56		0.51	0.02	0.69	0.71	0.67	0.51	0.72	0.84	0.78	0.52	0.83	0.02	0.69	0.04	0.92
Cash And Short Term Investments	0.7	0.35	0.02	0.61	0.79	0.47	0.78	-0.74	0.45	0.86	0.51		-0.44	0.75	0.41	0.23	0.81	0.4	0.61	0.73	0.08	0.82	-0.42	0.88	0.49	0.29
Net Receivables	-0.1	0.24	0.16	0.03	-0.23	0.11	-0.45	0.62	-0.26	-0.38	0.02	-0.44		-0.28	-0.13	0.18	-0.4	-0.06	-0.01	-0.13	0.42	-0.16	0.46	-0.28	-0.44	0.12
Common Stock Shares Outstanding	0.71	0.31	0.18	0.45	0.88	0.67	0.46	-0.51	0.45	0.64	0.69	0.75	-0.28		0.63	0.31	0.6	0.74	0.56	0.69	-0.11	0.87	-0.57	0.79	0.37	0.47
Non Current Liabilities Total	0.8	0.54	0.52	0.56	0.77	0.76	0.16	-0.29	0.28	0.6	0.71	0.41	-0.13	0.63		0.82	0.59	0.82	0.76	0.78	0.02	0.52	-0.21	0.61	-0.18	0.68
Inventory	0.79	0.73	0.72	0.74	0.62	0.78	-0.05	-0.03	-0.02	0.5	0.67	0.23	0.18	0.31	0.82		0.49	0.71	0.85	0.78	0.41	0.38	0.18	0.48	-0.44	0.75
Other Current Assets	0.82	0.47	0.25	0.72	0.84	0.5	0.62	-0.78	0.41	0.97	0.51	0.81	-0.4	0.6	0.59	0.49		0.51	0.75	0.87	0.11	0.68	-0.21	0.89	0.07	0.3
Other Stockholder Equity	0.74	0.42	0.56	0.47	0.81	0.8	0.04	-0.22	0.25	0.46	0.72	0.4	-0.06	0.74	0.82	0.71	0.51		0.64	0.7	-0.02	0.56	-0.22	0.56	-0.04	0.65
Total Liab	0.97	0.86	0.49	0.96	0.83	0.88	0.35	-0.29	0.22	0.8	0.84	0.61	-0.01	0.56	0.76	0.85	0.75	0.64		0.96	0.55	0.76	0.08	0.8	-0.14	0.8
Total Current Assets	0.99	0.74	0.48	0.91	0.93	0.82	0.45	-0.5	0.24	0.9	0.78	0.73	-0.13	0.69	0.78	0.78	0.87	0.7	0.96		0.35	0.8	-0.1	0.91	-0.08	0.67
Short Term Debt	0.41	0.83	0.08	0.69	0.15	0.51	0.05	0.41	0.01	0.19	0.52	0.08	0.42	-0.11	0.02	0.41	0.11	-0.02	0.55	0.35		0.34	0.56	0.2	-0.22	0.6
Common Stock	0.84	0.63	0.11	0.75	0.88	0.78	0.59	-0.42	0.46	0.76	0.83	0.82	-0.16	0.87	0.52	0.38	0.68	0.56	0.76	0.8	0.34		-0.3	0.89	0.31	0.62
Non Currrent Assets Other	-0.08	0.26	0.23	0.19	-0.32	0.04	-0.38	0.49	-0.3	-0.25	0.02	-0.42	0.46	-0.57	-0.21	0.18	-0.21	-0.22	0.08	-0.1	0.56	-0.3		-0.29	-0.41	0.21
Retained Earnings	0.89	0.56	0.22	0.78	0.94	0.66	0.67	-0.68	0.33	0.94	0.69	0.88	-0.28	0.79	0.61	0.48	0.89	0.56	0.8	0.91	0.2	0.89	-0.29		0.09	0.47
Short Term Investments	-0.06	-0.23	-0.36	-0.1	0.07	-0.04	0.42	-0.26	0.5	0.08	0.04	0.49	-0.44	0.37	-0.18	-0.44	0.07	-0.04	-0.14	-0.08	-0.22	0.31	-0.41	0.09		-0.11
Intangible Assets	0.75	0.83	0.43	0.73	0.61	0.94	0.04	0.2	0.2	0.36	0.92	0.29	0.12	0.47	0.68	0.75	0.3	0.65	0.8	0.67	0.6	0.62	0.21	0.47	-0.11

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Beijing Shunxin Account Relationship Matchups

Beijing Shunxin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.0B	21.7B	19.4B	20.3B	15.4B	10.3B
Short Long Term Debt Total	6.8B	7.2B	6.9B	6.7B	4.9B	3.7B
Other Current Liab	6.2B	666.8M	344.1M	884.3M	585.8M	556.5M
Total Current Liabilities	12.0B	11.2B	9.0B	10.3B	7.3B	5.2B
Total Stockholder Equity	7.4B	7.7B	7.8B	7.1B	6.8B	3.7B
Property Plant And Equipment Net	3.3B	3.3B	3.2B	3.2B	3.4B	2.3B
Net Debt	(1.2B)	(1.6B)	(743.8M)	(1.8B)	1.4B	1.1B
Accounts Payable	268.6M	283.8M	1.2B	1.6B	907.4M	952.8M
Cash	8.1B	8.8B	7.6B	8.6B	3.4B	2.7B
Non Current Assets Total	4.5B	4.4B	5.2B	5.1B	5.3B	3.1B
Cash And Short Term Investments	8.1B	8.8B	7.6B	8.6B	7.3B	7.6B
Net Receivables	838.0M	672.1M	580.6M	263.5M	600.5M	637.8M
Liabilities And Stockholders Equity	22.0B	21.7B	19.4B	20.3B	15.4B	10.3B
Non Current Liabilities Total	2.5B	2.7B	2.6B	2.8B	1.3B	1.3B
Inventory	8.2B	7.3B	5.5B	5.8B	2.2B	3.7B
Other Current Assets	480.4M	477.4M	486.9M	594.4M	41.9M	39.8M
Other Stockholder Equity	4.3B	4.4B	2.6B	2.6B	3.0B	1.8B
Total Liab	14.6B	13.9B	11.6B	13.2B	8.6B	6.5B
Total Current Assets	17.6B	17.2B	14.2B	15.2B	10.1B	7.2B
Short Term Debt	5.0B	4.5B	4.3B	3.9B	3.6B	2.9B
Non Currrent Assets Other	79.1M	55.4M	84.0M	58.3M	13.4M	12.7M
Retained Earnings	3.4B	3.6B	3.6B	2.9B	2.6B	1.4B
Short Term Investments	(102.4M)	(88.5M)	(944.6M)	3.6B	3.8B	4.0B
Intangible Assets	730.9M	722.7M	702.3M	682.0M	787.3M	492.5M
Property Plant Equipment	3.4B	3.3B	3.3B	3.3B	3.8B	2.8B
Long Term Debt	2.5B	2.7B	2.5B	2.8B	1.2B	1.8B
Net Tangible Assets	6.9B	6.7B	7.0B	7.1B	8.1B	7.0B
Deferred Long Term Liab	7.5M	9.3M	13.2M	66.3M	59.7M	31.4M
Short Long Term Debt	3.2B	4.1B	2.9B	2.5B	2.6B	2.4B
Net Invested Capital	12.5B	14.5B	13.2B	12.4B	10.6B	10.1B
Net Working Capital	5.5B	6.0B	5.2B	4.8B	2.8B	4.2B

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

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Beijing Change To Netincome vs Capital Expenditures Analysis

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Netincome

Capital Expenditures

Beijing Shunxin fundamental ratios Correlations

Beijing Shunxin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Shunxin fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

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Total Current Assets	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Liab	+ 0.97	Total Assets
Other Current Assets	+ 0.97	Cash
Total Liab	+ 0.96	Total Current Liabilities
Total Current Assets	+ 0.96	Total Liab

Other Current Assets	- 0.78	Net Debt
Cash	- 0.77	Net Debt
Cash And Short Term Investments	- 0.74	Net Debt
Retained Earnings	- 0.68	Net Debt
Net Debt	- 0.63	Current Deferred Revenue
Non Currrent Assets Other	- 0.57	Common Stock Shares Outstanding