BYD Income Before Tax vs Total Revenue Analysis

002594 Stock   283.00  4.51  1.62%   
BYD Co financial indicator trend analysis is way more than just evaluating BYD Co prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BYD Co is a good investment. Please check the relationship between BYD Co Income Before Tax and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BYD Co Ltd. 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 Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BYD Co Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BYD Co's Income Before Tax and Total Revenue is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of BYD Co Ltd, assuming nothing else is changed. The correlation between historical values of BYD Co's Income Before Tax and Total 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 Before Tax of BYD Co Ltd are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., BYD Co's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Total Revenue

Total revenue comprises all receipts BYD Co generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from BYD Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BYD Co 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 BYD Co Ltd. 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 1.5 B. The current year's Tax Provision is expected to grow to about 6.2 B
 2021 2022 2023 2024 (projected)
Gross Profit28.1B72.2B121.8B127.8B
Total Revenue216.1B424.1B602.3B632.4B

BYD Co fundamental ratios Correlations

0.331.00.980.99-0.790.991.00.970.990.930.980.820.360.990.860.891.00.990.980.440.170.920.970.070.79
0.330.350.340.29-0.250.230.330.170.30.550.260.380.270.440.280.40.330.360.240.23-0.13-0.030.17-0.150.79
1.00.350.970.99-0.80.991.00.971.00.940.980.790.330.990.850.871.00.980.970.410.130.920.970.030.8
0.980.340.970.94-0.720.960.960.940.950.910.950.890.460.980.880.960.970.990.970.530.270.870.920.170.78
0.990.290.990.94-0.830.990.990.971.00.920.980.730.280.970.80.820.990.960.960.390.080.940.98-0.020.77
-0.79-0.25-0.8-0.72-0.83-0.76-0.83-0.87-0.82-0.87-0.88-0.330.09-0.78-0.46-0.61-0.8-0.73-0.67-0.030.43-0.82-0.740.52-0.75
0.990.230.990.960.99-0.760.990.970.990.890.970.80.360.970.860.860.990.980.980.450.210.940.990.10.72
1.00.331.00.960.99-0.830.990.981.00.950.990.770.320.990.830.871.00.980.960.410.090.920.97-0.010.81
0.970.170.970.940.97-0.870.970.980.980.911.00.70.230.950.790.840.970.950.940.330.050.970.95-0.050.72
0.990.31.00.951.0-0.820.991.00.980.930.980.750.30.980.810.841.00.970.960.40.10.940.980.00.78
0.930.550.940.910.92-0.870.890.950.910.930.940.690.260.960.710.850.930.920.850.34-0.10.790.85-0.190.94
0.980.260.980.950.98-0.880.970.991.00.980.940.710.240.970.790.860.980.960.940.340.020.950.95-0.080.78
0.820.380.790.890.73-0.330.80.770.70.750.690.710.640.830.90.910.790.880.860.650.610.620.750.530.61
0.360.270.330.460.280.090.360.320.230.30.260.240.640.370.490.540.320.420.470.950.670.150.290.620.25
0.990.440.990.980.97-0.780.970.990.950.980.960.970.830.370.850.910.990.990.960.450.150.860.940.040.85
0.860.280.850.880.8-0.460.860.830.790.810.710.790.90.490.850.850.850.90.880.490.480.750.820.440.58
0.890.40.870.960.82-0.610.860.870.840.840.850.860.910.540.910.850.860.940.880.580.320.730.780.250.76
1.00.331.00.970.99-0.80.991.00.971.00.930.980.790.320.990.850.860.980.970.410.140.930.970.040.79
0.990.360.980.990.96-0.730.980.980.950.970.920.960.880.420.990.90.940.980.980.490.250.880.940.150.79
0.980.240.970.970.96-0.670.980.960.940.960.850.940.860.470.960.880.880.970.980.550.340.90.970.230.69
0.440.230.410.530.39-0.030.450.410.330.40.340.340.650.950.450.490.580.410.490.550.650.260.40.550.3
0.17-0.130.130.270.080.430.210.090.050.1-0.10.020.610.670.150.480.320.140.250.340.650.080.20.96-0.17
0.92-0.030.920.870.94-0.820.940.920.970.940.790.950.620.150.860.750.730.930.880.90.260.080.95-0.010.55
0.970.170.970.920.98-0.740.990.970.950.980.850.950.750.290.940.820.780.970.940.970.40.20.950.070.66
0.07-0.150.030.17-0.020.520.1-0.01-0.050.0-0.19-0.080.530.620.040.440.250.040.150.230.550.96-0.010.07-0.25
0.790.790.80.780.77-0.750.720.810.720.780.940.780.610.250.850.580.760.790.790.690.3-0.170.550.66-0.25
Click cells to compare fundamentals

BYD Co Account Relationship Matchups

BYD Co fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets195.6B201.0B295.8B493.9B679.5B713.5B
Other Current Liab7.0B2.5B3.7B142.4B4.4B4.2B
Total Current Liabilities108.0B106.4B171.3B333.3B453.7B476.4B
Total Stockholder Equity56.8B56.9B95.1B111.0B138.8B145.8B
Property Plant And Equipment Net60.8B61.6B83.1B179.6B275.3B289.1B
Net Debt58.9B37.8B(15.1B)(29.6B)(62.2B)(59.1B)
Retained Earnings21.1B24.5B26.5B40.9B67.1B70.5B
Accounts Payable36.2B51.9B80.5B143.8B198.5B208.4B
Cash12.7B14.4B50.5B51.5B109.1B114.5B
Non Current Assets Total88.7B89.4B129.7B253.1B377.4B396.3B
Non Currrent Assets Other1.9B2.1B19.5B43.3B37.2B39.1B
Cash And Short Term Investments12.7B14.4B56.1B72.1B118.7B124.6B
Net Receivables59.9B57.2B56.9B75.4B75.1B78.8B
Liabilities And Stockholders Equity195.6B201.0B295.8B493.9B679.5B713.5B
Inventory25.6B31.4B43.4B79.1B87.7B92.1B
Other Current Assets8.9B8.6B9.8B14.2B20.7B21.8B
Other Stockholder Equity28.7B25.4B60.3B58.5B59.1B62.0B
Total Liab133.0B136.6B191.5B372.5B529.1B555.5B
Total Current Assets107.0B111.6B166.1B240.8B302.1B317.2B
Intangible Assets18.4B16.7B19.7B24.9B37.8B39.7B
Short Long Term Debt Total71.5B52.3B35.4B21.8B46.9B29.5B
Non Current Liabilities Total25.0B30.1B20.2B39.1B75.4B79.2B
Short Term Debt49.1B27.8B23.2B11.6B26.1B19.8B
Short Term Investments34.3M24K5.6B20.6B9.6B10.0B
Other Liab2.5B5.7B8.0B28.9B33.3B34.9B
Net Tangible Assets44.0B45.0B77.9B87.7B100.9B56.2B
Other Assets9.4B9.1B8.7B18.4B21.1B11.3B
Long Term Debt21.9B23.6B10.8B7.6B12.0B14.8B
Deferred Long Term Liab5.6B5.9B5.0B2.7B3.1B4.6B
Short Long Term Debt40.3B16.4B10.2B5.2B18.3B17.4B
Property Plant Equipment60.8B61.6B83.1B179.6B206.6B216.9B
Non Current Liabilities Other2.4B5.3B7.4B26.9B50.6B53.2B
Net Invested Capital119.0B96.9B116.1B123.8B169.1B131.0B
Net Working Capital(1.1B)5.2B(5.2B)(92.5B)(151.5B)(144.0B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in BYD Stock

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