Anhui Income Before Tax vs Income Tax Expense Analysis

200596 Stock   118.25  2.22  1.91%   
Anhui Gujing financial indicator trend analysis is way more than just evaluating Anhui Gujing Distillery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Gujing Distillery is a good investment. Please check the relationship between Anhui Gujing Income Before Tax and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Gujing Distillery. 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 Income Tax Expense

Income Before Tax vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Gujing Distillery Income Before Tax account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
Income Before TaxIncome Tax ExpenseDiversified AwayIncome Before TaxIncome Tax ExpenseDiversified Away100%
The correlation between Anhui Gujing's Income Before Tax and Income Tax Expense is 0.91. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Anhui Gujing Distillery, assuming nothing else is changed. The correlation between historical values of Anhui Gujing's Income Before Tax and Income Tax Expense 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 Anhui Gujing Distillery are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Income Before Tax i.e., Anhui Gujing's Income Before Tax and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Income Tax Expense

Most indicators from Anhui Gujing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Gujing Distillery 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 Anhui Gujing Distillery. 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 6.9 B. The current year's Tax Provision is expected to grow to about 1.9 B
 2022 2023 2024 2025 (projected)
Operating Income4.2B6.1B7.1B7.4B
Total Revenue16.7B20.3B23.3B24.5B

Anhui Gujing fundamental ratios Correlations

0.131.01.00.930.990.950.98-0.41-0.061.0-0.131.00.90.380.930.920.520.98-0.78-0.81-0.430.990.92-0.790.9
0.130.070.150.330.16-0.140.110.110.190.080.140.070.330.360.270.250.640.21-0.45-0.41-0.170.13-0.2-0.440.08
1.00.070.990.910.980.970.98-0.4-0.061.0-0.131.00.870.370.920.910.490.97-0.75-0.78-0.430.990.94-0.760.91
1.00.150.990.930.990.940.98-0.41-0.051.0-0.130.990.90.390.940.920.530.98-0.79-0.82-0.430.990.91-0.790.9
0.930.330.910.930.950.80.88-0.21-0.230.92-0.150.910.990.490.910.90.520.91-0.87-0.95-0.270.910.74-0.850.79
0.990.160.980.990.950.930.96-0.35-0.160.99-0.150.980.930.420.920.910.490.96-0.82-0.86-0.420.980.88-0.830.86
0.95-0.140.970.940.80.930.94-0.4-0.080.96-0.110.970.760.30.850.830.360.9-0.63-0.65-0.420.940.98-0.650.87
0.980.110.980.980.880.960.94-0.510.040.98-0.10.980.830.310.890.860.530.99-0.76-0.77-0.50.990.92-0.770.91
-0.410.11-0.4-0.41-0.21-0.35-0.4-0.51-0.37-0.4-0.04-0.4-0.170.0-0.38-0.32-0.3-0.470.090.130.23-0.44-0.510.08-0.5
-0.060.19-0.06-0.05-0.23-0.16-0.080.04-0.37-0.120.32-0.07-0.310.040.060.060.290.030.220.33-0.31-0.03-0.040.180.1
1.00.081.01.00.920.990.960.98-0.4-0.12-0.141.00.90.370.920.90.480.97-0.78-0.81-0.420.990.93-0.780.89
-0.130.14-0.13-0.13-0.15-0.15-0.11-0.1-0.040.32-0.14-0.13-0.250.06-0.01-0.130.06-0.10.070.18-0.16-0.12-0.140.04-0.1
1.00.071.00.990.910.980.970.98-0.4-0.071.0-0.130.870.370.920.910.490.97-0.75-0.78-0.430.990.94-0.760.91
0.90.330.870.90.990.930.760.83-0.17-0.310.9-0.250.870.490.880.880.470.87-0.87-0.95-0.240.870.7-0.850.74
0.380.360.370.390.490.420.30.310.00.040.370.060.370.490.620.570.390.32-0.45-0.49-0.020.310.19-0.380.38
0.930.270.920.940.910.920.850.89-0.380.060.92-0.010.920.880.620.970.550.9-0.73-0.78-0.330.90.8-0.720.83
0.920.250.910.920.90.910.830.86-0.320.060.9-0.130.910.880.570.970.560.89-0.7-0.76-0.290.890.8-0.680.83
0.520.640.490.530.520.490.360.53-0.30.290.480.060.490.470.390.550.560.58-0.49-0.49-0.250.530.37-0.440.65
0.980.210.970.980.910.960.90.99-0.470.030.97-0.10.970.870.320.90.890.58-0.8-0.81-0.50.990.87-0.810.91
-0.78-0.45-0.75-0.79-0.87-0.82-0.63-0.760.090.22-0.780.07-0.75-0.87-0.45-0.73-0.7-0.49-0.80.890.54-0.78-0.520.98-0.65
-0.81-0.41-0.78-0.82-0.95-0.86-0.65-0.770.130.33-0.810.18-0.78-0.95-0.49-0.78-0.76-0.49-0.810.890.17-0.79-0.570.84-0.67
-0.43-0.17-0.43-0.43-0.27-0.42-0.42-0.50.23-0.31-0.42-0.16-0.43-0.24-0.02-0.33-0.29-0.25-0.50.540.17-0.49-0.360.64-0.41
0.990.130.990.990.910.980.940.99-0.44-0.030.99-0.120.990.870.310.90.890.530.99-0.78-0.79-0.490.92-0.80.92
0.92-0.20.940.910.740.880.980.92-0.51-0.040.93-0.140.940.70.190.80.80.370.87-0.52-0.57-0.360.92-0.540.88
-0.79-0.44-0.76-0.79-0.85-0.83-0.65-0.770.080.18-0.780.04-0.76-0.85-0.38-0.72-0.68-0.44-0.810.980.840.64-0.8-0.54-0.63
0.90.080.910.90.790.860.870.91-0.50.10.89-0.10.910.740.380.830.830.650.91-0.65-0.67-0.410.920.88-0.63
Click cells to compare fundamentals

Anhui Gujing Account Relationship Matchups

Anhui Gujing fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.2B25.4B29.8B35.4B40.7B42.8B
Other Current Liab2.7B4.4B1.0B1.1B1.3B1.2B
Total Current Liabilities4.5B7.7B10.0B12.4B14.3B15.0B
Total Stockholder Equity10.0B16.5B18.5B21.5B24.8B26.0B
Other Liab179.4M191.7M189.9M285.1M327.9M344.3M
Retained Earnings8.2B9.8B11.5B14.5B16.7B17.5B
Accounts Payable645.8M1.1B2.7B4.2B4.8B5.0B
Cash6.0B11.9B13.8B16.0B18.4B19.3B
Net Receivables67.9M89.0M62.7M68.6M78.9M75.0M
Short Term Investments203.9M2.7B1.8B720.0M828.0M824.4M
Inventory3.4B4.7B6.1B7.5B8.6B9.1B
Other Current Assets133.4M318.6M125.6M135.1M155.3M148.6M
Total Liab4.7B8.2B10.5B13.0B15.0B15.7B
Intangible Assets934.7M1.1B1.1B1.1B1.3B1.4B
Property Plant Equipment1.9B1.9B2.1B3.1B3.6B3.7B
Other Assets191.7M169.6M171.9M351.0M403.7M423.9M
Net Tangible Assets6.4B7.7B8.6B14.9B17.1B18.0B
Deferred Long Term Liab83.6M70.2M64.6M55.9M50.3M64.6M
Total Current Assets11.5B20.3B22.3B25.5B29.3B30.8B
Non Current Assets Total3.7B5.1B7.5B9.9B11.4B12.0B
Non Currrent Assets Other5.9M7.2M6.9M5.7M5.1M4.9M
Non Current Liabilities Total250.1M485.6M448.5M598.0M687.7M722.1M
Net Invested Capital10.2B16.7B18.6B21.6B24.9B14.2B
Net Working Capital7.0B12.6B12.3B13.1B15.1B9.3B
Property Plant And Equipment Net2.1B3.1B5.2B7.6B8.7B4.4B
Property Plant And Equipment Gross3.8B5.0B7.4B10.0B11.5B6.5B

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Other Information on Investing in Anhui Stock

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

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