000596 Stock | | | 187.00 7.51 3.86% |
Anhui Gujing financial indicator trend analysis is way more than just evaluating Anhui Gujing Distillery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Gujing Distillery is a good investment. Please check the relationship between Anhui Gujing Interest Income and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Gujing Distillery. 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.
Interest Income vs Income Before Tax
Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anhui Gujing Distillery Interest Income account and
Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anhui Gujing's Interest Income and Income Before Tax is 0.69. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Anhui Gujing Distillery, assuming nothing else is changed. The correlation between historical values of Anhui Gujing's Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Anhui Gujing Distillery are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Anhui Gujing's Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Anhui Gujing income statement and is an important metric when analyzing Anhui Gujing Distillery 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.
Most indicators from Anhui Gujing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Gujing Distillery 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 Anhui Gujing Distillery. 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 23, 2024,
Selling General Administrative is expected to decline to about 3.8
B. In addition to that,
Tax Provision is expected to decline to about 868.7
MAnhui Gujing fundamental ratios Correlations
Click cells to compare fundamentals
Anhui Gujing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anhui Gujing fundamental ratios Accounts
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Other Information on Investing in Anhui Stock
Balance Sheet is a snapshot of the
financial position of Anhui Gujing Distillery at a specified time, usually calculated after every quarter, six months, or one year. Anhui Gujing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Gujing 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.