Xiamen Income Before Tax vs Cost Of Revenue Analysis

002785 Stock

38.83 2.13 5.80%

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

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Wanli Stone Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between Xiamen Wanli's Income Before Tax and Cost Of Revenue is -0.84. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Xiamen Wanli Stone, assuming nothing else is changed. The correlation between historical values of Xiamen Wanli's Income Before Tax 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 Before Tax of Xiamen Wanli Stone 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 Before Tax i.e., Xiamen Wanli's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.84

Relationship Direction	Negative
Relationship Strength	Significant

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Income Before Tax

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

Cost Of Revenue

Cost of Revenue is found on Xiamen Wanli Stone income statement and represents the costs associated with goods and services Xiamen Wanli 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 Xiamen Wanli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Wanli Stone 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 Xiamen Wanli Stone. 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 27, 2024, Selling General Administrative is expected to decline to about 67.4 M. The current year's Tax Provision is expected to grow to about (6.8 M)

	2021	2022	2023	2024 (projected)
Operating Income	4.4M	29.6M	8.1M	7.7M
Total Revenue	1.2B	1.3B	1.3B	1.1B

Operating Income Total Revenue

Xiamen Wanli 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	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.63	0.89	0.9	0.71	0.11	0.91	0.47	0.86	0.83	-0.43	0.56	-0.02	0.9	-0.88	0.95	0.83	0.6	-0.46	0.66	-0.43	0.95	0.95	0.84	-0.86	0.54
Other Current Liab	-0.63		-0.37	-0.75	-0.34	0.29	-0.53	-0.83	-0.78	-0.29	0.79	-0.27	0.31	-0.37	0.6	-0.66	-0.51	-0.41	0.81	-0.67	0.47	-0.48	-0.64	-0.73	0.33	-0.25
Total Current Liabilities	0.89	-0.37		0.61	0.73	0.19	0.91	0.17	0.79	0.95	-0.24	0.5	0.04	1.0	-0.91	0.82	0.72	0.57	-0.29	0.53	-0.43	0.9	0.85	0.65	-0.94	0.64
Total Stockholder Equity	0.9	-0.75	0.61		0.53	0.01	0.71	0.66	0.74	0.55	-0.52	0.5	-0.07	0.61	-0.68	0.88	0.77	0.49	-0.52	0.65	-0.34	0.79	0.86	0.85	-0.6	0.32
Other Liab	0.71	-0.34	0.73	0.53		0.0	0.82	0.05	0.65	0.77	-0.17	0.27	-0.2	0.74	-0.84	0.65	0.65	0.57	-0.34	0.43	-0.6	0.77	0.64	0.58	-0.73	0.78
Retained Earnings	0.11	0.29	0.19	0.01	0.0		-0.05	-0.42	-0.26	0.41	0.43	0.29	0.87	0.19	0.03	0.25	0.3	-0.43	0.63	-0.34	0.53	-0.03	-0.05	-0.42	-0.1	-0.09
Accounts Payable	0.91	-0.53	0.91	0.71	0.82	-0.05		0.27	0.84	0.82	-0.3	0.5	-0.19	0.92	-0.93	0.83	0.67	0.8	-0.43	0.65	-0.67	0.89	0.86	0.79	-0.81	0.69
Cash	0.47	-0.83	0.17	0.66	0.05	-0.42	0.27		0.62	0.07	-0.91	0.3	-0.45	0.17	-0.32	0.45	0.4	0.25	-0.82	0.62	-0.27	0.41	0.6	0.68	-0.26	0.09
Other Assets	0.86	-0.78	0.79	0.74	0.65	-0.26	0.84	0.62		0.67	-0.71	0.38	-0.37	0.79	-0.9	0.77	0.69	0.65	-0.8	0.81	-0.61	0.84	0.89	0.89	-0.79	0.57
Net Receivables	0.83	-0.29	0.95	0.55	0.77	0.41	0.82	0.07	0.67		-0.17	0.53	0.19	0.95	-0.85	0.81	0.77	0.4	-0.17	0.38	-0.3	0.83	0.77	0.47	-0.9	0.67
Short Term Investments	-0.43	0.79	-0.24	-0.52	-0.17	0.43	-0.3	-0.91	-0.71	-0.17		-0.31	0.57	-0.24	0.41	-0.38	-0.44	-0.25	0.92	-0.7	0.34	-0.4	-0.6	-0.62	0.34	-0.23
Inventory	0.56	-0.27	0.5	0.5	0.27	0.29	0.5	0.3	0.38	0.53	-0.31		0.07	0.5	-0.31	0.58	0.44	0.26	-0.14	0.56	-0.02	0.45	0.59	0.3	-0.4	0.23
Other Current Assets	-0.02	0.31	0.04	-0.07	-0.2	0.87	-0.19	-0.45	-0.37	0.19	0.57	0.07		0.04	0.18	0.16	0.0	-0.5	0.7	-0.48	0.65	-0.17	-0.22	-0.47	0.06	-0.26
Total Liab	0.9	-0.37	1.0	0.61	0.74	0.19	0.92	0.17	0.79	0.95	-0.24	0.5	0.04		-0.91	0.82	0.72	0.59	-0.3	0.53	-0.44	0.9	0.85	0.65	-0.94	0.66
Intangible Assets	-0.88	0.6	-0.91	-0.68	-0.84	0.03	-0.93	-0.32	-0.9	-0.85	0.41	-0.31	0.18	-0.91		-0.81	-0.75	-0.68	0.54	-0.57	0.66	-0.89	-0.85	-0.77	0.86	-0.75
Common Stock	0.95	-0.66	0.82	0.88	0.65	0.25	0.83	0.45	0.77	0.81	-0.38	0.58	0.16	0.82	-0.81		0.78	0.45	-0.37	0.58	-0.3	0.83	0.85	0.71	-0.76	0.46
Property Plant Equipment	0.83	-0.51	0.72	0.77	0.65	0.3	0.67	0.4	0.69	0.77	-0.44	0.44	0.0	0.72	-0.75	0.78		0.31	-0.38	0.52	-0.29	0.8	0.81	0.64	-0.77	0.42
Long Term Debt	0.6	-0.41	0.57	0.49	0.57	-0.43	0.8	0.25	0.65	0.4	-0.25	0.26	-0.5	0.59	-0.68	0.45	0.31		-0.48	0.49	-0.9	0.61	0.61	0.73	-0.45	0.68
Net Tangible Assets	-0.46	0.81	-0.29	-0.52	-0.34	0.63	-0.43	-0.82	-0.8	-0.17	0.92	-0.14	0.7	-0.3	0.54	-0.37	-0.38	-0.48		-0.72	0.59	-0.47	-0.59	-0.74	0.38	-0.4
Other Stockholder Equity	0.66	-0.67	0.53	0.65	0.43	-0.34	0.65	0.62	0.81	0.38	-0.7	0.56	-0.48	0.53	-0.57	0.58	0.52	0.49	-0.72		-0.4	0.63	0.72	0.77	-0.54	0.18
Deferred Long Term Liab	-0.43	0.47	-0.43	-0.34	-0.6	0.53	-0.67	-0.27	-0.61	-0.3	0.34	-0.02	0.65	-0.44	0.66	-0.3	-0.29	-0.9	0.59	-0.4		-0.47	-0.47	-0.63	0.34	-0.71
Long Term Investments	0.95	-0.48	0.9	0.79	0.77	-0.03	0.89	0.41	0.84	0.83	-0.4	0.45	-0.17	0.9	-0.89	0.83	0.8	0.61	-0.47	0.63	-0.47		0.95	0.85	-0.94	0.61
Total Current Assets	0.95	-0.64	0.85	0.86	0.64	-0.05	0.86	0.6	0.89	0.77	-0.6	0.59	-0.22	0.85	-0.85	0.85	0.81	0.61	-0.59	0.72	-0.47	0.95		0.88	-0.86	0.56
Non Current Assets Total	0.84	-0.73	0.65	0.85	0.58	-0.42	0.79	0.68	0.89	0.47	-0.62	0.3	-0.47	0.65	-0.77	0.71	0.64	0.73	-0.74	0.77	-0.63	0.85	0.88		-0.68	0.45
Non Currrent Assets Other	-0.86	0.33	-0.94	-0.6	-0.73	-0.1	-0.81	-0.26	-0.79	-0.9	0.34	-0.4	0.06	-0.94	0.86	-0.76	-0.77	-0.45	0.38	-0.54	0.34	-0.94	-0.86	-0.68		-0.6
Non Current Liabilities Total	0.54	-0.25	0.64	0.32	0.78	-0.09	0.69	0.09	0.57	0.67	-0.23	0.23	-0.26	0.66	-0.75	0.46	0.42	0.68	-0.4	0.18	-0.71	0.61	0.56	0.45	-0.6

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Xiamen Wanli Account Relationship Matchups

Xiamen Wanli fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.3B	1.4B	1.4B	1.7B	1.3B
Other Current Liab	67.8M	47.7M	54.6M	40.4M	6.1M	5.8M
Total Current Liabilities	627.2M	647.0M	699.9M	729.9M	638.5M	618.0M
Total Stockholder Equity	618.8M	625.5M	599.7M	592.0M	960.3M	682.8M
Other Liab	2.2M	10.2M	8.7M	6.6M	7.6M	4.2M
Retained Earnings	242.7M	253.6M	229.1M	189.1M	153.7M	185.3M
Accounts Payable	224.5M	219.8M	244.7M	296.9M	298.1M	197.4M
Cash	61.0M	96.9M	100.2M	76.1M	301.8M	316.9M
Other Assets	45.2M	46.2M	59.9M	79.8M	91.8M	96.4M
Net Receivables	682.7M	700.5M	700.0M	623.8M	558.7M	607.7M
Inventory	205.4M	168.2M	173.6M	176.7M	189.5M	198.7M
Other Current Assets	52.8M	55.9M	65.1M	42.8M	18.4M	17.4M
Total Liab	642.4M	655.0M	721.8M	739.5M	650.6M	627.3M
Intangible Assets	22.0M	17.9M	17.1M	16.8M	17.0M	18.9M
Property Plant Equipment	96.2M	91.7M	99.7M	86.7M	99.7M	96.3M
Long Term Debt	5.7M	5.0M	4.4M	8.1M	9.3M	4.8M
Net Tangible Assets	596.8M	607.7M	582.6M	575.2M	517.7M	483.4M
Other Stockholder Equity	2.8M	(1.4M)	(2.7M)	5.0M	5.8M	6.1M
Deferred Long Term Liab	9.3M	8.6M	6.9M	5.4M	4.9M	7.2M
Total Current Assets	1.0B	1.0B	1.0B	1.0B	1.2B	1.1B
Non Current Assets Total	293.2M	293.1M	313.1M	346.1M	466.8M	351.2M
Non Current Liabilities Total	15.2M	13.1M	21.9M	9.6M	12.2M	12.2M
Short Long Term Debt	273.4M	302.5M	331.6M	303.8M	208.0M	235.6M
Non Current Liabilities Other	559.7K	593.3K	628.9K	666.6K	766.6K	633.8K
Net Debt	217.4M	210.1M	239.5M	227.7M	261.8M	241.1M
Net Invested Capital	897.2M	932.5M	939.4M	895.7M	1.2B	1.1B
Net Working Capital	374.7M	379.7M	339.0M	285.8M	567.9M	430.9M

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

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Xiamen Income Before Tax vs Cost Of Revenue Analysis

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Income Before Tax

Cost Of Revenue

Xiamen Wanli fundamental ratios Correlations

Xiamen Wanli Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiamen Wanli fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 0.95	Total Assets
Long Term Investments	+ 0.95	Total Assets
Total Current Assets	+ 0.95	Total Assets
Net Receivables	+ 0.95	Total Current Liabilities
Total Liab	+ 0.95	Net Receivables

Non Currrent Assets Other	- 0.94	Long Term Investments
Non Currrent Assets Other	- 0.94	Total Liab
Non Currrent Assets Other	- 0.94	Total Current Liabilities
Intangible Assets	- 0.93	Accounts Payable
Intangible Assets	- 0.91	Total Liab
Short Term Investments	- 0.91	Cash