300017 Stock | | | 9.40 0.15 1.57% |
Wangsu Science financial indicator trend analysis is more than just analyzing Wangsu Science Tech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wangsu Science Tech is a good investment. Please check the relationship between Wangsu Science Total Other Income Expense Net and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wangsu Science Tech. 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.
Total Other Income Expense Net vs Income Before Tax
Total Other Income Expense Net vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wangsu Science Tech Total Other Income Expense Net account and
Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wangsu Science's Total Other Income Expense Net and Income Before Tax is 0.52. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Wangsu Science Tech, assuming nothing else is changed. The correlation between historical values of Wangsu Science's Total Other Income Expense Net and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Wangsu Science Tech are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Other Income Expense Net i.e., Wangsu Science's Total Other Income Expense Net and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Other Income Expense Net
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Wangsu Science income statement and is an important metric when analyzing Wangsu Science Tech 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.
Most indicators from Wangsu Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wangsu Science Tech 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 Wangsu Science Tech. 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 287.2
M. The current year's
Tax Provision is expected to grow to about 47.2
M | 2021 | 2022 | 2023 | 2024 (projected) |
Income Before Tax | 137.7M | 194.1M | 651.4M | 382.9M | Cost Of Revenue | 3.4B | 3.8B | 3.2B | 2.1B |
Wangsu Science fundamental ratios Correlations
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Wangsu Science Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wangsu Science fundamental ratios Accounts
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Other Information on Investing in Wangsu Stock
Balance Sheet is a snapshot of the
financial position of Wangsu Science Tech at a specified time, usually calculated after every quarter, six months, or one year. Wangsu Science Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wangsu Science 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 Wangsu currently owns. An asset can also be divided into two categories, current and non-current.