Beijing Other Current Liab vs Intangible Assets 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 Other Current Liab and its Intangible Assets 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.

Other Current Liab vs Intangible Assets

Other Current Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Shunxin Agri Other Current Liab account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing Shunxin's Other Current Liab and Intangible Assets is 0.43. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Intangible Assets 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 Other Current Liab and Intangible Assets 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 Shunxin Agriculture are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Current Liab i.e., Beijing Shunxin's Other Current Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Expense262.2M233.1M208.8M116.4M
Depreciation And Amortization290.1M305.4M326.8M343.2M

Beijing Shunxin fundamental ratios Correlations

0.790.460.910.940.890.43-0.410.30.860.860.7-0.10.710.80.790.820.740.970.990.410.84-0.080.89-0.060.75
0.790.230.880.580.830.250.130.240.540.830.350.240.310.540.730.470.420.860.740.830.630.260.56-0.230.83
0.460.230.420.360.44-0.47-0.07-0.360.210.310.020.160.180.520.720.250.560.490.480.080.110.230.22-0.360.43
0.910.880.420.750.80.39-0.250.170.780.790.610.030.450.560.740.720.470.960.910.690.750.190.78-0.10.73
0.940.580.360.750.810.49-0.570.380.860.80.79-0.230.880.770.620.840.810.830.930.150.88-0.320.940.070.61
0.890.830.440.80.810.18-0.010.320.540.980.470.110.670.760.780.50.80.880.820.510.780.040.66-0.040.94
0.430.25-0.470.390.490.18-0.630.410.70.260.78-0.450.460.16-0.050.620.040.350.450.050.59-0.380.670.420.04
-0.410.13-0.07-0.25-0.57-0.01-0.63-0.21-0.77-0.03-0.740.62-0.51-0.29-0.03-0.78-0.22-0.29-0.50.41-0.420.49-0.68-0.260.2
0.30.24-0.360.170.380.320.41-0.210.330.430.45-0.260.450.28-0.020.410.250.220.240.010.46-0.30.330.50.2
0.860.540.210.780.860.540.7-0.770.330.560.86-0.380.640.60.50.970.460.80.90.190.76-0.250.940.080.36
0.860.830.310.790.80.980.26-0.030.430.560.510.020.690.710.670.510.720.840.780.520.830.020.690.040.92
0.70.350.020.610.790.470.78-0.740.450.860.51-0.440.750.410.230.810.40.610.730.080.82-0.420.880.490.29
-0.10.240.160.03-0.230.11-0.450.62-0.26-0.380.02-0.44-0.28-0.130.18-0.4-0.06-0.01-0.130.42-0.160.46-0.28-0.440.12
0.710.310.180.450.880.670.46-0.510.450.640.690.75-0.280.630.310.60.740.560.69-0.110.87-0.570.790.370.47
0.80.540.520.560.770.760.16-0.290.280.60.710.41-0.130.630.820.590.820.760.780.020.52-0.210.61-0.180.68
0.790.730.720.740.620.78-0.05-0.03-0.020.50.670.230.180.310.820.490.710.850.780.410.380.180.48-0.440.75
0.820.470.250.720.840.50.62-0.780.410.970.510.81-0.40.60.590.490.510.750.870.110.68-0.210.890.070.3
0.740.420.560.470.810.80.04-0.220.250.460.720.4-0.060.740.820.710.510.640.7-0.020.56-0.220.56-0.040.65
0.970.860.490.960.830.880.35-0.290.220.80.840.61-0.010.560.760.850.750.640.960.550.760.080.8-0.140.8
0.990.740.480.910.930.820.45-0.50.240.90.780.73-0.130.690.780.780.870.70.960.350.8-0.10.91-0.080.67
0.410.830.080.690.150.510.050.410.010.190.520.080.42-0.110.020.410.11-0.020.550.350.340.560.2-0.220.6
0.840.630.110.750.880.780.59-0.420.460.760.830.82-0.160.870.520.380.680.560.760.80.34-0.30.890.310.62
-0.080.260.230.19-0.320.04-0.380.49-0.3-0.250.02-0.420.46-0.57-0.210.18-0.21-0.220.08-0.10.56-0.3-0.29-0.410.21
0.890.560.220.780.940.660.67-0.680.330.940.690.88-0.280.790.610.480.890.560.80.910.20.89-0.290.090.47
-0.06-0.23-0.36-0.10.07-0.040.42-0.260.50.080.040.49-0.440.37-0.18-0.440.07-0.04-0.14-0.08-0.220.31-0.410.09-0.11
0.750.830.430.730.610.940.040.20.20.360.920.290.120.470.680.750.30.650.80.670.60.620.210.47-0.11
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Beijing Shunxin Account Relationship Matchups

Beijing Shunxin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.0B21.7B19.4B20.3B15.4B10.3B
Short Long Term Debt Total6.8B7.2B6.9B6.7B4.9B3.7B
Other Current Liab6.2B666.8M344.1M884.3M585.8M556.5M
Total Current Liabilities12.0B11.2B9.0B10.3B7.3B5.2B
Total Stockholder Equity7.4B7.7B7.8B7.1B6.8B3.7B
Property Plant And Equipment Net3.3B3.3B3.2B3.2B3.4B2.3B
Net Debt(1.2B)(1.6B)(743.8M)(1.8B)1.4B1.1B
Accounts Payable268.6M283.8M1.2B1.6B907.4M952.8M
Cash8.1B8.8B7.6B8.6B3.4B2.7B
Non Current Assets Total4.5B4.4B5.2B5.1B5.3B3.1B
Cash And Short Term Investments8.1B8.8B7.6B8.6B7.3B7.6B
Net Receivables838.0M672.1M580.6M263.5M600.5M637.8M
Liabilities And Stockholders Equity22.0B21.7B19.4B20.3B15.4B10.3B
Non Current Liabilities Total2.5B2.7B2.6B2.8B1.3B1.3B
Inventory8.2B7.3B5.5B5.8B2.2B3.7B
Other Current Assets480.4M477.4M486.9M594.4M41.9M39.8M
Other Stockholder Equity4.3B4.4B2.6B2.6B3.0B1.8B
Total Liab14.6B13.9B11.6B13.2B8.6B6.5B
Total Current Assets17.6B17.2B14.2B15.2B10.1B7.2B
Short Term Debt5.0B4.5B4.3B3.9B3.6B2.9B
Non Currrent Assets Other79.1M55.4M84.0M58.3M13.4M12.7M
Retained Earnings3.4B3.6B3.6B2.9B2.6B1.4B
Short Term Investments(102.4M)(88.5M)(944.6M)3.6B3.8B4.0B
Intangible Assets730.9M722.7M702.3M682.0M787.3M492.5M
Property Plant Equipment3.4B3.3B3.3B3.3B3.8B2.8B
Long Term Debt2.5B2.7B2.5B2.8B1.2B1.8B
Net Tangible Assets6.9B6.7B7.0B7.1B8.1B7.0B
Deferred Long Term Liab7.5M9.3M13.2M66.3M59.7M31.4M
Short Long Term Debt3.2B4.1B2.9B2.5B2.6B2.4B
Net Invested Capital12.5B14.5B13.2B12.4B10.6B10.1B
Net Working Capital5.5B6.0B5.2B4.8B2.8B4.2B

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Other Information on Investing in Beijing Stock

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.