BeiGene Non Operating Income Net Other vs Gross Profit Analysis

BGNE Stock  USD 167.39  6.93  3.98%   
BeiGene financial indicator trend analysis is way more than just evaluating BeiGene prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BeiGene is a good investment. Please check the relationship between BeiGene Non Operating Income Net Other and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeiGene. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.

Non Operating Income Net Other vs Gross Profit

Non Operating Income Net Other vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BeiGene Non Operating Income Net Other account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BeiGene's Non Operating Income Net Other and Gross Profit is -0.02. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BeiGene, assuming nothing else is changed. The correlation between historical values of BeiGene's Non Operating Income Net Other and Gross Profit 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 Operating Income Net Other of BeiGene are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Operating Income Net Other i.e., BeiGene's Non Operating Income Net Other and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BeiGene minus its cost of goods sold. It is profit before BeiGene operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from BeiGene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BeiGene 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 BeiGene. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.At present, BeiGene's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 17.4 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.84.
 2021 2022 2023 2024 (projected)
Total Operating Expenses990.9M1.3B3.2B3.4B
Cost Of Revenue1.6B1.9B463.9M755.2M

BeiGene fundamental ratios Correlations

0.860.610.851.00.950.940.710.68-0.92-0.820.880.920.77-0.30.650.770.990.870.90.650.940.930.90.920.71
0.860.840.960.830.860.950.960.41-0.89-0.990.990.940.96-0.450.320.730.80.960.890.320.830.960.990.970.96
0.610.840.920.580.70.820.940.1-0.71-0.850.820.770.95-0.050.290.520.540.810.640.050.450.820.820.820.92
0.850.960.920.830.910.970.950.38-0.88-0.950.960.920.98-0.220.420.650.80.930.840.360.730.950.970.970.94
1.00.830.580.830.950.930.680.7-0.92-0.790.870.910.74-0.280.680.760.990.850.880.680.940.920.890.910.68
0.950.860.70.910.950.960.750.64-0.87-0.820.890.890.81-0.140.630.680.950.870.840.690.860.920.90.940.73
0.940.950.820.970.930.960.880.52-0.94-0.930.960.960.92-0.270.550.730.920.950.880.50.860.990.980.990.87
0.710.960.940.950.680.750.880.2-0.8-0.970.930.870.99-0.360.190.620.640.910.790.10.640.890.930.911.0
0.680.410.10.380.70.640.520.2-0.51-0.360.480.490.29-0.130.580.660.730.480.540.740.760.540.470.510.2
-0.92-0.89-0.71-0.88-0.92-0.87-0.94-0.8-0.510.88-0.88-0.99-0.830.44-0.67-0.65-0.89-0.85-0.87-0.37-0.87-0.94-0.94-0.92-0.82
-0.82-0.99-0.85-0.95-0.79-0.82-0.93-0.97-0.360.88-0.97-0.93-0.960.49-0.28-0.68-0.76-0.93-0.88-0.22-0.78-0.94-0.98-0.95-0.98
0.880.990.820.960.870.890.960.930.48-0.88-0.970.930.95-0.380.350.80.840.980.880.410.860.980.990.980.93
0.920.940.770.920.910.890.960.870.49-0.99-0.930.930.89-0.450.590.680.880.90.880.350.870.970.970.960.88
0.770.960.950.980.740.810.920.990.29-0.83-0.960.950.89-0.270.290.670.70.930.80.210.670.930.950.940.98
-0.3-0.45-0.05-0.22-0.28-0.14-0.27-0.36-0.130.440.49-0.38-0.45-0.270.11-0.2-0.25-0.3-0.490.18-0.49-0.31-0.42-0.32-0.43
0.650.320.290.420.680.630.550.190.58-0.67-0.280.350.590.290.110.320.690.340.410.50.520.530.430.480.2
0.770.730.520.650.760.680.730.620.66-0.65-0.680.80.680.67-0.20.320.740.830.70.510.820.80.730.720.6
0.990.80.540.80.990.950.920.640.73-0.89-0.760.840.880.7-0.250.690.740.830.850.740.940.890.860.890.63
0.870.960.810.930.850.870.950.910.48-0.85-0.930.980.90.93-0.30.340.830.830.830.430.830.960.960.960.89
0.90.890.640.840.880.840.880.790.54-0.87-0.880.880.880.8-0.490.410.70.850.830.420.870.870.90.880.8
0.650.320.050.360.680.690.50.10.74-0.37-0.220.410.350.210.180.50.510.740.430.420.630.450.380.460.07
0.940.830.450.730.940.860.860.640.76-0.87-0.780.860.870.67-0.490.520.820.940.830.870.630.870.860.850.65
0.930.960.820.950.920.920.990.890.54-0.94-0.940.980.970.93-0.310.530.80.890.960.870.450.870.980.980.89
0.90.990.820.970.890.90.980.930.47-0.94-0.980.990.970.95-0.420.430.730.860.960.90.380.860.980.990.94
0.920.970.820.970.910.940.990.910.51-0.92-0.950.980.960.94-0.320.480.720.890.960.880.460.850.980.990.9
0.710.960.920.940.680.730.871.00.2-0.82-0.980.930.880.98-0.430.20.60.630.890.80.070.650.890.940.9
Click cells to compare fundamentals

BeiGene Account Relationship Matchups

BeiGene fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B5.6B8.6B6.4B5.8B3.2B
Short Long Term Debt Total277.3M562.0M694.6M891.1M930.2M976.7M
Other Current Liab152.7M127.8M480.0M114.3M784.4M823.6M
Total Current Liabilities286.0M1.1B1.6B1.0B1.8B1.9B
Total Stockholder Equity978.4M3.9B6.2B4.4B3.5B2.2B
Other Liab57.1M443.3M562.5M283.7M326.3M342.6M
Net Tangible Assets956.3M3.9B6.2B4.3B5.0B5.2B
Property Plant And Equipment Net313.1M446.3M686.7M845.9M1.4B1.5B
Net Debt(340.7M)(820.0M)(3.7B)(3.0B)(2.3B)(2.1B)
Retained Earnings(2.0B)(3.6B)(5.0B)(7.1B)(8.0B)(7.6B)
Accounts Payable122.5M232.0M262.4M294.8M315.1M330.9M
Cash618.0M1.4B4.4B3.9B3.2B3.3B
Non Current Assets Total439.6M640.1M1.0B845.9M1.6B1.7B
Non Currrent Assets Other2.5M24.6M30.7M(186.5M)(18.7M)(17.8M)
Other Assets108.7M186.8M8.6B819.9M2.01.9
Long Term Debt240.7M183.6M202.1M209.1M197.6M143.1M
Cash And Short Term Investments985.5M4.7B6.6B4.5B3.2B2.3B
Common Stock Total Equity77K79K118K133K153.0K160.6K
Common Stock Shares Outstanding60.1M83.5M92.8M103.1M104.4M72.1M
Short Term Investments364.7M3.3B2.2B665.3M2.6M2.5M
Liabilities And Stockholders Equity1.6B5.6B8.6B6.4B5.8B3.2B
Non Current Liabilities Total347.9M656.3M803.4M977.9M423.6M372.9M
Other Current Assets85.8M133.0M246.2M190.9M205.5M215.8M
Other Stockholder Equity2.9B7.4B11.2B11.5B11.6B12.2B
Total Liab633.9M1.7B2.4B2.0B2.2B2.3B
Property Plant And Equipment Gross324.9M399.5M811.0M1.1B1.6B1.7B
Total Current Assets1.2B5.0B7.6B4.7B4.2B2.6B
Accumulated Other Comprehensive Income(8.0M)6.9M18.0M(77.4M)(99.4M)(94.5M)
Short Term Debt10.8M348.9M449.5M353.0M710.3M745.8M
Common Stock79K118K133K135K155.3K83.2K
Property Plant Equipment324.9M357.7M587.6M955.9M1.1B1.2B
Deferred Long Term Liab11.1M10.5M10.8M14.2M16.3M10.1M
Long Term Debt Total189.7M240.7M183.6M202.1M232.4M156.4M
Capital Surpluse2.7B2.9B7.4B11.2B12.9B13.5B
Net Receivables72.8M79.7M500.2M173.2M395.9M415.7M
Retained Earnings Total Equity(1.0B)(2.0B)(3.6B)(5.0B)(4.5B)(4.2B)
Inventory28.6M89.3M242.6M282.3M416.1M436.9M

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When determining whether BeiGene is a strong investment it is important to analyze BeiGene's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BeiGene's future performance. For an informed investment choice regarding BeiGene Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeiGene. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.
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Is BeiGene's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BeiGene. If investors know BeiGene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BeiGene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.55)
Revenue Per Share
26.458
Quarterly Revenue Growth
0.679
Return On Assets
(0.12)
Return On Equity
(0.21)
The market value of BeiGene is measured differently than its book value, which is the value of BeiGene that is recorded on the company's balance sheet. Investors also form their own opinion of BeiGene's value that differs from its market value or its book value, called intrinsic value, which is BeiGene's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BeiGene's market value can be influenced by many factors that don't directly affect BeiGene's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BeiGene's value and its price as these two are different measures arrived at by different means. Investors typically determine if BeiGene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BeiGene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.