Raytech Income Before Tax from 2010 to 2024

RAY Stock   1.52  0.03  1.94%   
Raytech Holding Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, Raytech Holding Income Before Tax regression line of annual values had r-squared of  0.57 and arithmetic mean of  5,340,960. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
1.6 M
Current Value
2.1 M
Quarterly Volatility
2.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Raytech Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raytech Holding's main balance sheet or income statement drivers, such as Tax Provision of 1.9 M, Net Interest Income of 1.5 M or Interest Income of 1.5 M, as well as many indicators such as Price To Sales Ratio of 7.51, Dividend Yield of 3.0E-4 or PTB Ratio of 16.19. Raytech financial statements analysis is a perfect complement when working with Raytech Holding Valuation or Volatility modules.
  
Check out the analysis of Raytech Holding Correlation against competitors.

Latest Raytech Holding's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Raytech Holding Limited over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Raytech Holding income statement and is an important metric when analyzing Raytech Holding profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Raytech Holding's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Raytech Holding's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Raytech Income Before Tax Regression Statistics

Arithmetic Mean5,340,960
Geometric Mean4,489,928
Coefficient Of Variation44.60
Mean Deviation2,026,099
Median6,722,391
Standard Deviation2,382,265
Sample Variance5.7T
Range5.8M
R-Value(0.75)
Mean Square Error2.6T
R-Squared0.57
Significance0
Slope(402,006)
Total Sum of Squares79.5T

Raytech Income Before Tax History

20242.1 M
20231.6 M
2022953.5 K
20211.4 M

About Raytech Holding Financial Statements

Raytech Holding investors use historical fundamental indicators, such as Raytech Holding's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Raytech Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax1.6 M2.1 M

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Additional Tools for Raytech Stock Analysis

When running Raytech Holding's price analysis, check to measure Raytech Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.