Beijing Good Will vs Long Term Debt Analysis

600429 Stock   4.51  0.05  1.12%   
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 Good Will and its Long Term Debt 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.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Sanyuan Foods Good Will account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing Sanyuan's Good Will and Long Term Debt is 0.88. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt 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 Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Beijing Sanyuan Foods are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Beijing Sanyuan's Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Beijing Sanyuan Foods has held for over one year. Long-term debt appears on Beijing Sanyuan Foods balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Beijing Sanyuan Foods balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 December 1, 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

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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.