IMAB Income Tax Expense from 2010 to 2024

IMAB Stock  USD 0.95  0.01  1.06%   
I Mab's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is projected to go to about -1.2 B this year. From 2010 to 2024 I Mab Income Tax Expense quarterly data regression line had arithmetic mean of (168,489,677) and r-squared of  0.33. View All Fundamentals
 
Income Tax Expense  
First Reported
2018-06-30
Previous Quarter
-90.8 M
Current Value
-42.7 M
Quarterly Volatility
125.1 M
 
Covid
Check I Mab financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among I Mab's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 53.6 M or Interest Income of 54.3 M, as well as many indicators such as Price To Sales Ratio of 38.23, Dividend Yield of 0.0151 or PTB Ratio of 1.04. IMAB financial statements analysis is a perfect complement when working with I Mab Valuation or Volatility modules.
  
Check out the analysis of I Mab Correlation against competitors.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.

Latest I Mab's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of I Mab over the last few years. It is I Mab's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in I Mab's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

IMAB Income Tax Expense Regression Statistics

Arithmetic Mean(168,489,677)
Geometric Mean13,249,278
Coefficient Of Variation(255.31)
Mean Deviation282,390,240
Median(11,642,000)
Standard Deviation430,173,330
Sample Variance185049.1T
Range1.3B
R-Value(0.58)
Mean Square Error132947.1T
R-Squared0.33
Significance0.02
Slope(55,496,924)
Total Sum of Squares2590687.3T

IMAB Income Tax Expense History

2024-1.2 B
2023-1.3 B
2022697 K
20213.2 M
202012.2 M
20192.9 M
20181.7 M

About I Mab Financial Statements

I Mab stakeholders use historical fundamental indicators, such as I Mab's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although I Mab investors may analyze each financial statement separately, they are all interrelated. For example, changes in I Mab's assets and liabilities are reflected in the revenues and expenses on I Mab's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in I Mab. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-1.3 B-1.2 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether I Mab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of I Mab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of I Mab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on I Mab Stock:
Check out the analysis of I Mab Correlation against competitors.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Biotechnology space 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 I Mab. If investors know IMAB 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 I Mab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.16)
Revenue Per Share
0.043
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.29)
Return On Equity
(0.72)
The market value of I Mab is measured differently than its book value, which is the value of IMAB that is recorded on the company's balance sheet. Investors also form their own opinion of I Mab's value that differs from its market value or its book value, called intrinsic value, which is I Mab'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 I Mab's market value can be influenced by many factors that don't directly affect I Mab'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 I Mab's value and its price as these two are different measures arrived at by different means. Investors typically determine if I Mab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I Mab'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.