Jiangxi Income Before Tax vs Other Operating Expenses Analysis

001318 Stock

10.92 0.09 0.82%

Jiangxi Sunshine financial indicator trend analysis is infinitely more than just investigating Jiangxi Sunshine Dairy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Sunshine Dairy is a good investment. Please check the relationship between Jiangxi Sunshine Income Before Tax and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Sunshine Dairy. 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 Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Sunshine Dairy Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Jiangxi Sunshine's Income Before Tax and Other Operating Expenses is 0.52. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Jiangxi Sunshine Dairy, assuming nothing else is changed. The correlation between historical values of Jiangxi Sunshine's Income Before Tax and Other Operating 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 Jiangxi Sunshine Dairy are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Jiangxi Sunshine's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Before Tax

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Jiangxi Sunshine Dairy. It is also known as Jiangxi Sunshine overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Jiangxi Sunshine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy. 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 Tax Provision is expected to grow to about 7.7 M, whereas Selling General Administrative is forecasted to decline to about 10.3 M.

	2022	2024	2025 (projected)
Interest Expense	1.3M	41.2K	39.1K
Depreciation And Amortization	36.5M	42.0M	28.3M

Interest Expense Depreciation And Amortization

Jiangxi Sunshine fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Net Receivables	Deferred Long Term Liab
Total Assets		-0.7	-0.01	0.99	0.77	-0.54	0.06	0.81	0.93	0.95	0.92	0.97	0.97	0.84	0.66	0.88	0.92	0.06	0.99	-0.77	0.91	-0.93	0.79	0.81	0.61	0.85
Other Current Liab	-0.7		0.2	-0.71	-0.46	0.56	-0.33	-0.39	-0.83	-0.6	-0.47	-0.7	-0.81	-0.54	-0.17	-0.8	-0.79	0.16	-0.71	0.48	-0.54	0.76	-0.45	-0.74	-0.65	-0.59
Total Current Liabilities	-0.01	0.2		-0.16	0.56	0.74	-0.96	0.52	0.02	0.25	-0.15	0.11	-0.08	0.27	0.37	-0.22	-0.04	1.0	-0.11	-0.61	0.42	0.08	0.43	0.16	0.33	0.35
Total Stockholder Equity	0.99	-0.71	-0.16		0.68	-0.64	0.2	0.72	0.91	0.89	0.93	0.94	0.97	0.79	0.59	0.89	0.9	-0.09	1.0	-0.67	0.83	-0.93	0.72	0.77	0.54	0.78
Property Plant And Equipment Net	0.77	-0.46	0.56	0.68		-0.06	-0.5	0.96	0.74	0.93	0.64	0.86	0.71	0.91	0.8	0.57	0.73	0.62	0.69	-0.96	0.94	-0.71	0.97	0.8	0.74	0.96
Net Debt	-0.54	0.56	0.74	-0.64	-0.06		-0.66	-0.11	-0.42	-0.36	-0.66	-0.43	-0.53	-0.29	-0.19	-0.73	-0.63	0.7	-0.59	0.01	-0.18	0.67	-0.15	-0.27	0.0	-0.21
Retained Earnings	0.06	-0.33	-0.96	0.2	-0.5	-0.66		-0.52	0.13	-0.21	0.09	-0.03	0.19	-0.23	-0.46	0.22	0.05	-0.95	0.17	0.56	-0.35	-0.07	-0.38	-0.03	-0.19	-0.27
Accounts Payable	0.81	-0.39	0.52	0.72	0.96	-0.11	-0.52		0.69	0.93	0.75	0.85	0.71	0.85	0.88	0.65	0.78	0.58	0.74	-0.97	0.97	-0.77	0.89	0.75	0.62	0.89
Cash	0.93	-0.83	0.02	0.91	0.74	-0.42	0.13	0.69		0.88	0.71	0.94	0.98	0.79	0.44	0.79	0.84	0.08	0.92	-0.73	0.84	-0.83	0.76	0.88	0.74	0.85
Non Current Assets Total	0.95	-0.6	0.25	0.89	0.93	-0.36	-0.21	0.93	0.88		0.85	0.97	0.89	0.94	0.8	0.78	0.89	0.33	0.9	-0.9	0.97	-0.88	0.94	0.85	0.7	0.96
Non Currrent Assets Other	0.92	-0.47	-0.15	0.93	0.64	-0.66	0.09	0.75	0.71	0.85		0.85	0.82	0.74	0.75	0.86	0.87	-0.08	0.92	-0.63	0.78	-0.91	0.68	0.63	0.36	0.7
Cash And Short Term Investments	0.97	-0.7	0.11	0.94	0.86	-0.43	-0.03	0.85	0.94	0.97	0.85		0.96	0.87	0.68	0.83	0.91	0.18	0.94	-0.83	0.93	-0.9	0.86	0.91	0.69	0.93
Common Stock Shares Outstanding	0.97	-0.81	-0.08	0.97	0.71	-0.53	0.19	0.71	0.98	0.89	0.82	0.96		0.79	0.52	0.88	0.9	-0.02	0.97	-0.7	0.84	-0.9	0.72	0.87	0.69	0.82
Non Current Liabilities Total	0.84	-0.54	0.27	0.79	0.91	-0.29	-0.23	0.85	0.79	0.94	0.74	0.87	0.79		0.8	0.64	0.78	0.35	0.77	-0.83	0.87	-0.77	0.96	0.8	0.8	0.96
Inventory	0.66	-0.17	0.37	0.59	0.8	-0.19	-0.46	0.88	0.44	0.8	0.75	0.68	0.52	0.8		0.57	0.69	0.43	0.58	-0.78	0.77	-0.68	0.77	0.6	0.52	0.75
Other Current Assets	0.88	-0.8	-0.22	0.89	0.57	-0.73	0.22	0.65	0.79	0.78	0.86	0.83	0.88	0.64	0.57		0.97	-0.17	0.89	-0.61	0.72	-0.98	0.54	0.75	0.49	0.65
Other Stockholder Equity	0.92	-0.79	-0.04	0.9	0.73	-0.63	0.05	0.78	0.84	0.89	0.87	0.91	0.9	0.78	0.69	0.97		0.03	0.91	-0.76	0.83	-0.99	0.7	0.82	0.61	0.79
Total Liab	0.06	0.16	1.0	-0.09	0.62	0.7	-0.95	0.58	0.08	0.33	-0.08	0.18	-0.02	0.35	0.43	-0.17	0.03		-0.04	-0.66	0.48	0.02	0.51	0.22	0.39	0.42
Total Current Assets	0.99	-0.71	-0.11	1.0	0.69	-0.59	0.17	0.74	0.92	0.9	0.92	0.94	0.97	0.77	0.58	0.89	0.91	-0.04		-0.69	0.85	-0.93	0.71	0.77	0.55	0.78
Intangible Assets	-0.77	0.48	-0.61	-0.67	-0.96	0.01	0.56	-0.97	-0.73	-0.9	-0.63	-0.83	-0.7	-0.83	-0.78	-0.61	-0.76	-0.66	-0.69		-0.96	0.73	-0.88	-0.77	-0.71	-0.89
Common Stock	0.91	-0.54	0.42	0.83	0.94	-0.18	-0.35	0.97	0.84	0.97	0.78	0.93	0.84	0.87	0.77	0.72	0.83	0.48	0.85	-0.96		-0.82	0.9	0.81	0.68	0.92
Short Long Term Debt Total	-0.93	0.76	0.08	-0.93	-0.71	0.67	-0.07	-0.77	-0.83	-0.88	-0.91	-0.9	-0.9	-0.77	-0.68	-0.98	-0.99	0.02	-0.93	0.73	-0.82		-0.69	-0.77	-0.54	-0.76
Other Liab	0.79	-0.45	0.43	0.72	0.97	-0.15	-0.38	0.89	0.76	0.94	0.68	0.86	0.72	0.96	0.77	0.54	0.7	0.51	0.71	-0.88	0.9	-0.69		0.77	0.72	0.97
Net Tangible Assets	0.81	-0.74	0.16	0.77	0.8	-0.27	-0.03	0.75	0.88	0.85	0.63	0.91	0.87	0.8	0.6	0.75	0.82	0.22	0.77	-0.77	0.81	-0.77	0.77		0.85	0.9
Net Receivables	0.61	-0.65	0.33	0.54	0.74	0.0	-0.19	0.62	0.74	0.7	0.36	0.69	0.69	0.8	0.52	0.49	0.61	0.39	0.55	-0.71	0.68	-0.54	0.72	0.85		0.81
Deferred Long Term Liab	0.85	-0.59	0.35	0.78	0.96	-0.21	-0.27	0.89	0.85	0.96	0.7	0.93	0.82	0.96	0.75	0.65	0.79	0.42	0.78	-0.89	0.92	-0.76	0.97	0.9	0.81

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Jiangxi Sunshine Account Relationship Matchups

Jiangxi Sunshine fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	746.6M	740.8M	1.4B	1.4B	1.6B	1.0B
Other Current Liab	32.5M	37.5M	37.7M	1.3M	1.1M	1.1M
Total Current Liabilities	158.0M	163.5M	72.3M	70.5M	63.5M	90.9M
Total Stockholder Equity	566.6M	552.3M	1.3B	1.3B	1.5B	887.9M
Property Plant And Equipment Net	254.9M	250.2M	247.9M	238.5M	274.3M	233.5M
Net Debt	(212.9M)	(250.7M)	(226.9M)	(362.4M)	(326.2M)	(342.5M)
Retained Earnings	245.7M	217.1M	315.9M	376.6M	433.1M	326.3M
Accounts Payable	25.4M	25.9M	33.7M	26.3M	30.3M	27.2M
Cash	350.8M	328.8M	363.4M	487.9M	561.1M	394.0M
Non Current Assets Total	314.4M	315.4M	424.1M	407.3M	468.4M	346.3M
Non Currrent Assets Other	32.7M	39.2M	151.5M	100.7M	115.9M	73.2M
Cash And Short Term Investments	313.0M	350.8M	328.8M	393.4M	452.4M	372.0M
Common Stock Shares Outstanding	209.8M	212.0M	253.2M	282.7M	325.1M	252.0M
Liabilities And Stockholders Equity	718.2M	746.6M	740.8M	1.4B	1.6B	925.4M
Non Current Liabilities Total	7.2M	11.8M	11.0M	11.4M	13.1M	8.2M
Inventory	31.6M	42.7M	50.7M	32.7M	37.6M	39.6M
Other Current Assets	4.8M	11.0M	450.7M	450.6M	518.2M	544.1M
Other Stockholder Equity	97.9M	109.0M	123.3M	665.4M	765.2M	803.5M
Total Liab	165.1M	175.3M	83.3M	81.9M	73.7M	96.8M
Total Current Assets	432.2M	425.4M	933.7M	1.0B	1.2B	686.6M
Intangible Assets	25.4M	24.5M	23.4M	22.5M	20.2M	21.9M
Net Receivables	28.9M	35.0M	27.2M	31.4M	36.1M	33.0M
Net Invested Capital	666.7M	652.4M	1.3B	1.3B	1.5B	1.0B
Property Plant And Equipment Gross	366.4M	380.9M	247.9M	404.2M	464.9M	366.2M
Net Working Capital	274.2M	261.9M	861.4M	949.6M	1.1B	588.2M

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Other Information on Investing in Jiangxi Stock

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

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Jiangxi Income Before Tax vs Other Operating Expenses Analysis

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Income Before Tax

Other Operating Expenses

Jiangxi Sunshine fundamental ratios Correlations

Jiangxi Sunshine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangxi Sunshine fundamental ratios Accounts

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Other Information on Investing in Jiangxi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.98	Cash
Cash And Short Term Investments	+ 0.97	Total Assets

Short Long Term Debt Total	- 0.99	Other Stockholder Equity
Short Long Term Debt Total	- 0.98	Other Current Assets
Intangible Assets	- 0.97	Accounts Payable
Common Stock	- 0.96	Intangible Assets
Intangible Assets	- 0.96	Property Plant And Equipment Net
Retained Earnings	- 0.96	Total Current Liabilities