Beijing Income Tax Expense vs Cost Of Revenue Analysis

000970 Stock

10.59 0.18 1.73%

Beijing Zhong financial indicator trend analysis is way more than just evaluating Beijing Zhong Ke prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Zhong Ke is a good investment. Please check the relationship between Beijing Zhong Income Tax Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Zhong Ke. 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.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Zhong Ke Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have weak relationship.

The correlation between Beijing Zhong's Income Tax Expense and Cost Of Revenue is 0.38. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Beijing Zhong Ke, assuming nothing else is changed. The correlation between historical values of Beijing Zhong's Income Tax Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Beijing Zhong Ke are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., Beijing Zhong's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

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Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Beijing Zhong Ke income statement and represents the costs associated with goods and services Beijing Zhong provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Beijing Zhong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Zhong Ke 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 Zhong Ke. 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.

The current year's Selling General Administrative is expected to grow to about 250.5 M. The current year's Tax Provision is expected to grow to about 133 M

	2021	2022	2023	2024 (projected)
Operating Income	688.8M	1.2B	444.6M	438.8M
Total Revenue	7.1B	9.7B	8.4B	8.8B

Operating Income Total Revenue

Beijing Zhong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Deferred Long Term Liab
Total Assets		-0.39	0.73	0.96	-0.08	0.95	0.85	0.7	0.93	0.97	-0.43	0.97	0.53	0.9	0.53	0.55	0.98	0.81	-0.89	0.81	0.67	0.86	0.87	0.1	0.82	0.88
Other Current Liab	-0.39		-0.27	-0.35	0.75	-0.38	-0.36	0.18	-0.39	-0.45	0.47	-0.51	-0.26	-0.39	-0.21	-0.07	-0.38	-0.53	0.25	-0.55	-0.52	-0.54	-0.55	-0.05	-0.54	-0.52
Total Current Liabilities	0.73	-0.27		0.54	-0.12	0.59	0.85	0.37	0.59	0.83	-0.37	0.79	0.57	0.88	0.36	0.3	0.61	0.46	-0.52	0.7	0.42	0.84	0.74	0.09	0.47	0.71
Total Stockholder Equity	0.96	-0.35	0.54		-0.06	0.99	0.71	0.72	0.88	0.89	-0.35	0.88	0.47	0.73	0.62	0.69	0.97	0.74	-0.91	0.75	0.73	0.75	0.79	0.13	0.74	0.76
Other Liab	-0.08	0.75	-0.12	-0.06		-0.14	-0.12	0.49	0.01	-0.17	0.32	-0.19	-0.17	-0.09	-0.19	0.01	-0.07	-0.14	0.08	-0.21	-0.36	-0.22	-0.22	-0.12	-0.15	-0.19
Retained Earnings	0.95	-0.38	0.59	0.99	-0.14		0.74	0.65	0.82	0.91	-0.37	0.88	0.48	0.73	0.67	0.71	0.95	0.67	-0.92	0.73	0.79	0.76	0.78	0.18	0.68	0.75
Accounts Payable	0.85	-0.36	0.85	0.71	-0.12	0.74		0.42	0.75	0.91	-0.53	0.91	0.43	0.91	0.5	0.35	0.77	0.63	-0.7	0.7	0.58	0.86	0.8	0.18	0.66	0.9
Cash	0.7	0.18	0.37	0.72	0.49	0.65	0.42		0.74	0.58	-0.2	0.55	0.18	0.56	0.17	0.46	0.74	0.56	-0.66	0.45	0.2	0.41	0.47	0.07	0.55	0.48
Other Assets	0.93	-0.39	0.59	0.88	0.01	0.82	0.75	0.74		0.86	-0.49	0.91	0.45	0.86	0.35	0.38	0.93	0.93	-0.78	0.82	0.48	0.83	0.87	-0.01	0.93	0.91
Net Receivables	0.97	-0.45	0.83	0.89	-0.17	0.91	0.91	0.58	0.86		-0.49	0.97	0.52	0.93	0.55	0.5	0.91	0.73	-0.83	0.81	0.69	0.91	0.88	0.18	0.74	0.89
Short Term Investments	-0.43	0.47	-0.37	-0.35	0.32	-0.37	-0.53	-0.2	-0.49	-0.49		-0.49	0.08	-0.47	-0.28	0.01	-0.4	-0.48	0.32	-0.53	-0.39	-0.59	-0.62	-0.36	-0.51	-0.62
Inventory	0.97	-0.51	0.79	0.88	-0.19	0.88	0.91	0.55	0.91	0.97	-0.49		0.55	0.94	0.49	0.42	0.92	0.83	-0.83	0.84	0.67	0.92	0.91	0.04	0.84	0.94
Other Current Assets	0.53	-0.26	0.57	0.47	-0.17	0.48	0.43	0.18	0.45	0.52	0.08	0.55		0.53	0.49	0.38	0.49	0.4	-0.55	0.58	0.32	0.56	0.57	-0.06	0.39	0.42
Total Liab	0.9	-0.39	0.88	0.73	-0.09	0.73	0.91	0.56	0.86	0.93	-0.47	0.94	0.53		0.29	0.23	0.82	0.78	-0.72	0.78	0.47	0.88	0.85	0.04	0.79	0.92
Intangible Assets	0.53	-0.21	0.36	0.62	-0.19	0.67	0.5	0.17	0.35	0.55	-0.28	0.49	0.49	0.29		0.8	0.53	0.18	-0.6	0.48	0.72	0.5	0.51	0.32	0.19	0.37
Common Stock	0.55	-0.07	0.3	0.69	0.01	0.71	0.35	0.46	0.38	0.5	0.01	0.42	0.38	0.23	0.8		0.59	0.16	-0.56	0.39	0.56	0.35	0.36	0.16	0.16	0.23
Property Plant Equipment	0.98	-0.38	0.61	0.97	-0.07	0.95	0.77	0.74	0.93	0.91	-0.4	0.92	0.49	0.82	0.53	0.59		0.83	-0.92	0.78	0.67	0.78	0.84	0.13	0.83	0.84
Long Term Debt	0.81	-0.53	0.46	0.74	-0.14	0.67	0.63	0.56	0.93	0.73	-0.48	0.83	0.4	0.78	0.18	0.16	0.83		-0.67	0.81	0.45	0.75	0.84	-0.07	1.0	0.89
Good Will	-0.89	0.25	-0.52	-0.91	0.08	-0.92	-0.7	-0.66	-0.78	-0.83	0.32	-0.83	-0.55	-0.72	-0.6	-0.56	-0.92	-0.67		-0.62	-0.7	-0.63	-0.7	-0.24	-0.68	-0.71
Net Tangible Assets	0.81	-0.55	0.7	0.75	-0.21	0.73	0.7	0.45	0.82	0.81	-0.53	0.84	0.58	0.78	0.48	0.39	0.78	0.81	-0.62		0.66	0.94	0.98	0.07	0.81	0.83
Long Term Investments	0.67	-0.52	0.42	0.73	-0.36	0.79	0.58	0.2	0.48	0.69	-0.39	0.67	0.32	0.47	0.72	0.56	0.67	0.45	-0.7	0.66		0.64	0.67	0.27	0.47	0.55
Total Current Assets	0.86	-0.54	0.84	0.75	-0.22	0.76	0.86	0.41	0.83	0.91	-0.59	0.92	0.56	0.88	0.5	0.35	0.78	0.75	-0.63	0.94	0.64		0.97	0.08	0.77	0.91
Non Current Assets Total	0.87	-0.55	0.74	0.79	-0.22	0.78	0.8	0.47	0.87	0.88	-0.62	0.91	0.57	0.85	0.51	0.36	0.84	0.84	-0.7	0.98	0.67	0.97		0.13	0.85	0.92
Non Currrent Assets Other	0.1	-0.05	0.09	0.13	-0.12	0.18	0.18	0.07	-0.01	0.18	-0.36	0.04	-0.06	0.04	0.32	0.16	0.13	-0.07	-0.24	0.07	0.27	0.08	0.13		-0.05	0.06
Non Current Liabilities Total	0.82	-0.54	0.47	0.74	-0.15	0.68	0.66	0.55	0.93	0.74	-0.51	0.84	0.39	0.79	0.19	0.16	0.83	1.0	-0.68	0.81	0.47	0.77	0.85	-0.05		0.9
Deferred Long Term Liab	0.88	-0.52	0.71	0.76	-0.19	0.75	0.9	0.48	0.91	0.89	-0.62	0.94	0.42	0.92	0.37	0.23	0.84	0.89	-0.71	0.83	0.55	0.91	0.92	0.06	0.9

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Beijing Zhong Account Relationship Matchups

Beijing Zhong fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5B	7.1B	9.3B	11.7B	11.2B	11.8B
Other Current Liab	193.1M	137.5M	151.8M	899.4K	8.8M	8.3M
Total Current Liabilities	1.0B	1.5B	3.1B	3.6B	2.6B	1.3B
Total Stockholder Equity	4.6B	4.6B	5.0B	6.4B	6.6B	6.9B
Other Liab	61.3M	50.6M	58.1M	53.7M	61.8M	58.1M
Retained Earnings	3.1B	3.1B	3.5B	4.2B	4.0B	4.2B
Accounts Payable	418.9M	933.0M	1.9B	1.5B	1.2B	1.3B
Cash	1.8B	1.7B	1.5B	2.1B	2.3B	2.5B
Other Assets	109.7M	110.1M	179.9M	279.7M	321.7M	337.8M
Net Receivables	1.3B	1.7B	2.3B	3.0B	2.3B	2.4B
Short Term Investments	2.5M	3.8M	44.3M	27.5M	36.3M	34.5M
Inventory	1.4B	1.5B	3.0B	3.5B	3.3B	3.4B
Other Current Assets	95.6M	76.5M	103.8M	155.1M	160.1M	92.5M
Total Liab	1.1B	1.6B	3.3B	4.1B	3.4B	3.6B
Intangible Assets	139.5M	134.8M	141.4M	122.3M	121.8M	65.9M
Property Plant Equipment	1.2B	1.3B	1.5B	1.8B	2.0B	2.1B
Net Tangible Assets	4.4B	4.5B	4.8B	6.3B	7.2B	5.0B
Total Current Assets	4.6B	5.2B	7.1B	9.1B	8.4B	6.3B
Non Current Assets Total	1.8B	1.9B	2.1B	2.6B	2.8B	2.2B
Non Currrent Assets Other	80.6M	1.4B	67.2M	138.6M	86.1M	81.8M
Non Current Liabilities Total	61.3M	89.1M	245.6M	461.2M	854.3M	897.0M
Deferred Long Term Liab	699.4K	1.7M	18.9M	63.4M	72.9M	76.5M
Short Long Term Debt	311.9M	335.7M	887.0M	1.7B	680.3M	605.9M
Net Invested Capital	4.9B	5.0B	6.0B	8.5B	8.0B	6.5B
Net Working Capital	3.6B	3.6B	4.0B	5.5B	5.8B	4.7B

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Balance Sheet is a snapshot of the financial position of Beijing Zhong Ke at a specified time, usually calculated after every quarter, six months, or one year. Beijing Zhong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Zhong 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.

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Beijing Income Tax Expense vs Cost Of Revenue Analysis

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Income Tax Expense

Cost Of Revenue

Beijing Zhong fundamental ratios Correlations

Beijing Zhong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Zhong fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

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COMPANY

Non Current Liabilities Total	+ 1.0	Long Term Debt
Retained Earnings	+ 0.99	Total Stockholder Equity
Property Plant Equipment	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Net Tangible Assets
Net Receivables	+ 0.97	Total Assets
Inventory	+ 0.97	Total Assets

Good Will	- 0.92	Property Plant Equipment
Good Will	- 0.92	Retained Earnings
Good Will	- 0.91	Total Stockholder Equity
Good Will	- 0.89	Total Assets
Good Will	- 0.83	Inventory
Good Will	- 0.83	Net Receivables