Beijing Common Stock vs Short Term Investments Analysis

600429 Stock   4.46  0.06  1.36%   
Beijing Sanyuan financial indicator trend analysis is way more than just evaluating Beijing Sanyuan Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Sanyuan Foods is a good investment. Please check the relationship between Beijing Sanyuan Common Stock and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Sanyuan Foods. 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.

Common Stock vs Short Term Investments

Common Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Sanyuan Foods Common Stock account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Sanyuan's Common Stock and Short Term Investments is -0.35. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Beijing Sanyuan Foods, assuming nothing else is changed. The correlation between historical values of Beijing Sanyuan's Common Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Beijing Sanyuan Foods are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock i.e., Beijing Sanyuan's Common Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Short Term Investments

Short Term Investments is an item under the current assets section of Beijing Sanyuan balance sheet. It contains any investments Beijing Sanyuan Foods undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Beijing Sanyuan Foods can easily liquidate in the marketplace.
Most indicators from Beijing Sanyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Sanyuan Foods 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 Sanyuan Foods. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 1.1 B. In addition to that, Tax Provision is expected to decline to about 13.9 M
 2021 2022 2023 2024 (projected)
Income Before Tax263.5M45.8M234.6M246.3M
Cost Of Revenue5.8B6.0B6.0B3.3B

Beijing Sanyuan fundamental ratios Correlations

0.560.790.860.630.90.540.480.810.86-0.620.60.740.950.750.840.340.880.72-0.78-0.20.450.840.52-0.610.52
0.560.290.340.160.520.15-0.020.660.41-0.130.580.570.60.320.31-0.040.370.33-0.32-0.010.00.260.330.08-0.04
0.790.290.630.870.780.220.610.450.58-0.690.70.410.790.450.680.770.630.4-0.49-0.30.840.840.8-0.680.72
0.860.340.630.460.860.790.40.50.75-0.370.50.580.680.50.970.350.660.46-0.54-0.180.360.70.38-0.620.4
0.630.160.870.460.590.010.80.380.41-0.840.610.260.660.360.50.80.530.31-0.4-0.650.910.840.82-0.720.79
0.90.520.780.860.590.480.420.60.78-0.440.790.70.820.450.880.470.640.42-0.5-0.270.50.780.62-0.520.44
0.540.150.220.790.010.480.010.260.5-0.040.120.40.310.340.680.010.410.31-0.330.15-0.010.23-0.06-0.240.04
0.48-0.020.610.40.80.420.010.30.35-0.520.350.130.470.370.430.550.440.32-0.36-0.810.620.620.53-0.680.61
0.810.660.450.50.380.60.260.30.78-0.560.330.840.890.870.45-0.060.870.88-0.87-0.10.130.610.2-0.340.29
0.860.410.580.750.410.780.50.350.78-0.490.370.750.830.780.730.110.870.76-0.8-0.110.240.710.2-0.590.36
-0.62-0.13-0.69-0.37-0.84-0.44-0.04-0.52-0.56-0.49-0.33-0.37-0.69-0.6-0.35-0.47-0.7-0.590.640.34-0.69-0.83-0.550.68-0.7
0.60.580.70.50.610.790.120.350.330.37-0.330.380.590.020.530.580.22-0.03-0.04-0.40.570.520.87-0.150.37
0.740.570.410.580.260.70.40.130.840.75-0.370.380.740.620.530.050.690.64-0.67-0.070.140.510.1-0.30.11
0.950.60.790.680.660.820.310.470.890.83-0.690.590.740.810.670.30.90.78-0.82-0.180.460.830.55-0.540.54
0.750.320.450.50.360.450.340.370.870.78-0.60.020.620.810.44-0.10.960.99-0.980.030.120.630.04-0.530.37
0.840.310.680.970.50.880.680.430.450.73-0.350.530.530.670.440.450.640.41-0.51-0.210.440.750.44-0.670.5
0.34-0.040.770.350.80.470.010.55-0.060.11-0.470.580.050.3-0.10.450.13-0.150.04-0.510.960.590.76-0.560.72
0.880.370.630.660.530.640.410.440.870.87-0.70.220.690.90.960.640.130.94-0.97-0.070.330.80.23-0.670.53
0.720.330.40.460.310.420.310.320.880.76-0.59-0.030.640.780.990.41-0.150.94-0.990.060.070.61-0.01-0.510.33
-0.78-0.32-0.49-0.54-0.4-0.5-0.33-0.36-0.87-0.80.64-0.04-0.67-0.82-0.98-0.510.04-0.97-0.99-0.02-0.17-0.69-0.060.62-0.4
-0.2-0.01-0.3-0.18-0.65-0.270.15-0.81-0.1-0.110.34-0.4-0.07-0.180.03-0.21-0.51-0.070.06-0.02-0.52-0.36-0.460.39-0.43
0.450.00.840.360.910.5-0.010.620.130.24-0.690.570.140.460.120.440.960.330.07-0.17-0.520.730.8-0.640.83
0.840.260.840.70.840.780.230.620.610.71-0.830.520.510.830.630.750.590.80.61-0.69-0.360.730.64-0.830.79
0.520.330.80.380.820.62-0.060.530.20.2-0.550.870.10.550.040.440.760.23-0.01-0.06-0.460.80.64-0.340.65
-0.610.08-0.68-0.62-0.72-0.52-0.24-0.68-0.34-0.590.68-0.15-0.3-0.54-0.53-0.67-0.56-0.67-0.510.620.39-0.64-0.83-0.34-0.66
0.52-0.040.720.40.790.440.040.610.290.36-0.70.370.110.540.370.50.720.530.33-0.4-0.430.830.790.65-0.66
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Beijing Sanyuan Account Relationship Matchups

Beijing Sanyuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B13.4B12.6B14.0B9.3B6.0B
Other Current Liab1.7B552.9M553.6M1.6B22.7M21.6M
Total Current Liabilities2.9B4.2B3.0B4.7B3.7B3.9B
Total Stockholder Equity5.0B5.0B5.1B5.0B5.1B2.8B
Retained Earnings209.1M191.0M428.7M533.1M445.3M467.6M
Accounts Payable754.2M781.3M760.7M1.2B809.7M471.4M
Cash1.9B2.0B1.3B950.4M1.2B951.0M
Other Assets141.4M155.6M583.0M279.0M320.8M336.9M
Long Term Debt3.1B1.9B2.4B2.0B27.8M26.5M
Net Receivables920.1M833.9M885.4M693.4M620.5M476.0M
Short Term Investments1.2M24.7K3.7M34.1M30.7M29.1M
Inventory541.4M475.4M527.1M1.9B781.6M438.7M
Other Current Assets183.6M110.3M126.8M162.5M47.2M87.3M
Total Liab7.4B7.4B6.5B7.9B4.0B2.9B
Intangible Assets3.8B4.3B3.9B393.3M390.0M370.5M
Property Plant Equipment2.6B2.5B2.4B6.6B7.6B8.0B
Other Liab1.3B1.3B1.2B527.2M606.3M380.6M
Good Will1.7B1.7B1.5B19.9M20.8M19.7M
Net Tangible Assets(863.4M)(1.0B)(300.3M)4.6B4.1B4.3B
Other Stockholder Equity(2.2M)29.1M(44.6M)(26.0M)(23.4M)(22.3M)
Deferred Long Term Liab75.1M78.2M73.4M168.1M193.4M203.0M
Short Long Term Debt274.7M523.8M433.5M1.6B960.7M508.6M
Total Current Assets3.6B3.5B2.7B4.7B2.8B3.0B
Non Current Assets Total9.8B9.9B9.8B9.4B6.6B8.7B
Non Currrent Assets Other1.3M1.4M430.1M36.1M3.9M3.7M
Non Current Liabilities Total4.5B3.2B3.6B3.2B300.4M285.4M
Non Current Liabilities Other3.2B869.0K2.3M2.5M2.3M2.2M
Net Invested Capital8.4B7.4B7.9B8.5B6.1B8.2B
Net Working Capital666.8M(731.9M)(209.0M)(77.9M)(971.5M)(923.0M)
Net Debt1.5B411.2M1.5B2.6B3.0B1.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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