Tianjin Income Before Tax vs Selling And Marketing Expenses Analysis

001206 Stock   16.98  0.83  5.14%   
Tianjin Yiyi financial indicator trend analysis is much more than just breaking down Tianjin Yiyi Hygiene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Yiyi Hygiene is a good investment. Please check the relationship between Tianjin Yiyi Income Before Tax and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Yiyi Hygiene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Selling And Marketing Expenses

Income Before Tax vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Yiyi Hygiene Income Before Tax account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Tianjin Yiyi's Income Before Tax and Selling And Marketing Expenses is -0.86. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Tianjin Yiyi Hygiene, assuming nothing else is changed. The correlation between historical values of Tianjin Yiyi's Income Before Tax and Selling And Marketing Expenses 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 Before Tax of Tianjin Yiyi Hygiene are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Before Tax i.e., Tianjin Yiyi's Income Before Tax and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Tianjin Yiyi income statement and is an important metric when analyzing Tianjin Yiyi Hygiene 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.

Selling And Marketing Expenses

Most indicators from Tianjin Yiyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Yiyi Hygiene 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 Tianjin Yiyi Hygiene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 36 M. The current year's Tax Provision is expected to grow to about 32.5 M
 2021 2022 2023 2024 (projected)
Interest Expense440.7K140.1K191.7K182.1K
Depreciation And Amortization37.1M35.3M40.6M32.4M

Tianjin Yiyi fundamental ratios Correlations

-0.830.310.571.00.99-0.940.950.890.960.990.610.930.94-0.510.98-0.670.940.511.0-0.830.720.92-0.680.980.86
-0.83-0.38-0.24-0.84-0.840.91-0.92-0.93-0.82-0.85-0.43-0.8-0.90.83-0.830.86-0.79-0.15-0.811.0-0.92-0.880.64-0.74-0.85
0.31-0.380.030.320.34-0.220.390.450.330.330.570.040.22-0.170.44-0.370.04-0.030.3-0.390.440.290.350.210.29
0.57-0.240.030.550.59-0.40.440.530.380.570.690.570.42-0.260.56-0.20.620.990.55-0.250.280.34-0.510.580.52
1.0-0.840.320.550.99-0.950.950.890.970.990.60.930.94-0.510.98-0.670.930.491.0-0.840.720.93-0.680.980.86
0.99-0.840.340.590.99-0.920.970.920.931.00.60.90.94-0.530.98-0.670.910.540.97-0.840.730.91-0.670.960.93
-0.940.91-0.22-0.4-0.95-0.92-0.93-0.87-0.96-0.93-0.41-0.96-0.930.65-0.930.75-0.95-0.35-0.940.91-0.79-0.930.79-0.89-0.82
0.95-0.920.390.440.950.97-0.930.950.90.980.50.850.97-0.650.94-0.790.860.370.92-0.930.830.94-0.650.90.96
0.89-0.930.450.530.890.92-0.870.950.80.920.680.810.9-0.770.89-0.780.820.440.87-0.940.870.85-0.610.820.91
0.96-0.820.330.380.970.93-0.960.90.80.930.470.910.9-0.430.96-0.660.90.340.97-0.820.680.92-0.640.940.76
0.99-0.850.330.570.991.0-0.930.980.920.930.580.90.96-0.540.97-0.690.910.510.97-0.850.740.92-0.680.960.93
0.61-0.430.570.690.60.6-0.410.50.680.470.580.450.42-0.30.62-0.250.480.640.62-0.430.40.38-0.130.580.47
0.93-0.80.040.570.930.9-0.960.850.810.910.90.450.88-0.580.9-0.641.00.530.94-0.80.680.86-0.880.910.77
0.94-0.90.220.420.940.94-0.930.970.90.90.960.420.88-0.640.89-0.80.880.350.92-0.90.820.98-0.720.920.91
-0.510.83-0.17-0.26-0.51-0.530.65-0.65-0.77-0.43-0.54-0.3-0.58-0.64-0.510.83-0.58-0.17-0.480.83-0.89-0.610.63-0.38-0.64
0.98-0.830.440.560.980.98-0.930.940.890.960.970.620.90.89-0.51-0.680.910.510.97-0.830.730.89-0.630.940.85
-0.670.86-0.37-0.2-0.67-0.670.75-0.79-0.78-0.66-0.69-0.25-0.64-0.80.83-0.68-0.62-0.1-0.640.86-0.98-0.850.53-0.57-0.7
0.94-0.790.040.620.930.91-0.950.860.820.90.910.481.00.88-0.580.91-0.620.580.94-0.790.670.85-0.880.920.79
0.51-0.15-0.030.990.490.54-0.350.370.440.340.510.640.530.35-0.170.51-0.10.580.5-0.160.180.27-0.50.530.45
1.0-0.810.30.551.00.97-0.940.920.870.970.970.620.940.92-0.480.97-0.640.940.5-0.810.690.91-0.670.980.81
-0.831.0-0.39-0.25-0.84-0.840.91-0.93-0.94-0.82-0.85-0.43-0.8-0.90.83-0.830.86-0.79-0.16-0.81-0.92-0.880.64-0.74-0.85
0.72-0.920.440.280.720.73-0.790.830.870.680.740.40.680.82-0.890.73-0.980.670.180.69-0.920.85-0.550.610.75
0.92-0.880.290.340.930.91-0.930.940.850.920.920.380.860.98-0.610.89-0.850.850.270.91-0.880.85-0.660.90.83
-0.680.640.35-0.51-0.68-0.670.79-0.65-0.61-0.64-0.68-0.13-0.88-0.720.63-0.630.53-0.88-0.5-0.670.64-0.55-0.66-0.66-0.64
0.98-0.740.210.580.980.96-0.890.90.820.940.960.580.910.92-0.380.94-0.570.920.530.98-0.740.610.9-0.660.81
0.86-0.850.290.520.860.93-0.820.960.910.760.930.470.770.91-0.640.85-0.70.790.450.81-0.850.750.83-0.640.81
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Tianjin Yiyi Account Relationship Matchups

Tianjin Yiyi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets685.1M912.3M2.0B2.0B2.0B1.3B
Short Long Term Debt Total83.4M2.0M5.8M1.7M1.6M1.5M
Other Current Liab32.2M35.8M41.0M45.6M48.4K46.0K
Total Current Liabilities150.7M183.5M224.7M188.5M191.4M206.5M
Total Stockholder Equity517.8M712.3M1.7B1.8B1.8B1.1B
Property Plant And Equipment Net190.2M407.8M617.6M632.6M608.4M440.1M
Net Debt(110.2M)(55.8M)(212.8M)(344.3M)(309.9M)(294.4M)
Retained Earnings160.8M343.2M370.4M438.8M420.1M290.6M
Accounts Payable116.5M147.7M179.7M142.3M143.2M140.3M
Cash112.3M55.8M218.6M346.0M269.6M163.7M
Non Current Assets Total249.7M513.3M753.7M798.5M783.9M554.7M
Non Currrent Assets Other4.9M50.2M504.9M106.1M15.0M14.2M
Cash And Short Term Investments177.5M57.3M686.2M724.7M833.4M875.0M
Common Stock Shares Outstanding61.7M99.0M118.8M132.1M184.9M102.9M
Liabilities And Stockholders Equity685.1M912.3M2.0B2.0B2.3B1.2B
Non Current Liabilities Total16.7M16.5M17.5M20.3M18.6M14.9M
Inventory86.2M108.1M172.9M195.7M148.8M134.4M
Other Current Assets6.9M10.0M51.4M10.9M13.0M12.4M
Other Stockholder Equity286.2M298.3M1.3B1.2B1.4B1.5B
Total Liab167.3M200.0M242.2M208.9M210.0M226.9M
Total Current Assets435.5M399.0M1.2B1.2B1.2B779.9M
Short Term Debt83.4M2.0M4.1M613.5K552.1K524.5K
Intangible Assets52.0M52.0M50.8M49.6M48.4M51.9M

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Other Information on Investing in Tianjin Stock

Balance Sheet is a snapshot of the financial position of Tianjin Yiyi Hygiene at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Yiyi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Yiyi 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.