Dirui Gross Profit vs Income Before Tax Analysis

300396 Stock

15.96 0.33 2.03%

Dirui Industrial financial indicator trend analysis is much more than just examining Dirui Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dirui Industrial is a good investment. Please check the relationship between Dirui Industrial Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dirui Industrial Co. 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.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dirui Industrial Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Dirui Industrial's Gross Profit and Income Before Tax is 0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Dirui Industrial Co, assuming nothing else is changed. The correlation between historical values of Dirui Industrial's Gross Profit 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 Gross Profit of Dirui Industrial Co 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 Gross Profit i.e., Dirui Industrial's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dirui Industrial Co minus its cost of goods sold. It is profit before Dirui Industrial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Dirui Industrial income statement and is an important metric when analyzing Dirui Industrial 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 Dirui Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dirui Industrial 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 Dirui Industrial Co. 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 171.9 M. The current year's Tax Provision is expected to grow to about 22.5 M

	2022	2023	2024	2025 (projected)
Operating Income	268.5M	269.7M	310.2M	200.6M
Total Revenue	1.2B	1.4B	1.6B	871.5M

Operating Income Total Revenue

Dirui Industrial 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	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Long Term Debt	Net Tangible Assets	Good Will	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.1	0.77	0.97	0.52	0.96	0.71	0.79	0.82	0.78	0.73	0.69	0.79	0.35	0.91	0.42	0.17	0.34	0.87	0.47	0.86	0.77	0.87	0.52	0.43	0.58
Other Current Liab	0.1		-0.27	0.18	0.31	0.16	-0.34	-0.19	-0.14	-0.24	-0.35	-0.4	-0.25	0.39	0.22	0.4	0.33	-0.14	0.05	-0.43	0.26	-0.22	-0.17	-0.08	-0.43	-0.55
Total Current Liabilities	0.77	-0.27		0.71	0.23	0.72	0.99	0.87	0.97	0.97	0.99	0.98	0.99	0.05	0.6	0.13	-0.12	0.21	0.75	0.76	0.69	0.95	0.85	0.42	0.62	0.92
Total Stockholder Equity	0.97	0.18	0.71		0.47	0.99	0.65	0.81	0.79	0.7	0.68	0.62	0.72	0.3	0.95	0.41	0.34	0.25	0.91	0.42	0.91	0.74	0.83	0.52	0.28	0.51
Other Liab	0.52	0.31	0.23	0.47		0.35	0.13	0.22	0.23	0.39	0.18	0.18	0.33	0.87	0.46	0.88	-0.09	0.6	0.12	0.13	0.31	0.13	0.09	0.35	0.17	0.12
Retained Earnings	0.96	0.16	0.72	0.99	0.35		0.68	0.81	0.81	0.69	0.7	0.63	0.72	0.21	0.95	0.31	0.37	0.18	0.95	0.42	0.94	0.77	0.87	0.51	0.27	0.51
Accounts Payable	0.71	-0.34	0.99	0.65	0.13	0.68		0.86	0.96	0.95	0.99	0.99	0.97	-0.07	0.54	0.01	-0.14	0.14	0.73	0.76	0.63	0.95	0.86	0.37	0.65	0.93
Cash	0.79	-0.19	0.87	0.81	0.22	0.81	0.86		0.92	0.85	0.87	0.84	0.86	0.01	0.71	0.14	0.18	0.22	0.81	0.63	0.74	0.91	0.83	0.44	0.35	0.75
Other Assets	0.82	-0.14	0.97	0.79	0.23	0.81	0.96	0.92		0.94	0.95	0.93	0.96	0.03	0.7	0.11	0.07	0.2	0.84	0.68	0.76	0.97	0.89	0.39	0.51	0.83
Net Receivables	0.78	-0.24	0.97	0.7	0.39	0.69	0.95	0.85	0.94		0.96	0.96	0.99	0.21	0.6	0.28	-0.23	0.28	0.66	0.74	0.66	0.9	0.79	0.44	0.66	0.9
Inventory	0.73	-0.35	0.99	0.68	0.18	0.7	0.99	0.87	0.95	0.96		0.99	0.97	0.0	0.59	0.1	-0.14	0.12	0.72	0.78	0.67	0.93	0.83	0.43	0.64	0.95
Other Current Assets	0.69	-0.4	0.98	0.62	0.18	0.63	0.99	0.84	0.93	0.96	0.99		0.97	0.0	0.53	0.06	-0.23	0.15	0.66	0.78	0.58	0.91	0.82	0.41	0.7	0.95
Total Liab	0.79	-0.25	0.99	0.72	0.33	0.72	0.97	0.86	0.96	0.99	0.97	0.97		0.14	0.61	0.2	-0.13	0.31	0.73	0.74	0.67	0.94	0.84	0.44	0.62	0.9
Intangible Assets	0.35	0.39	0.05	0.3	0.87	0.21	-0.07	0.01	0.03	0.21	0.0	0.0	0.14		0.41	0.94	-0.14	0.44	-0.05	-0.02	0.29	-0.06	-0.13	0.39	-0.04	-0.05
Common Stock	0.91	0.22	0.6	0.95	0.46	0.95	0.54	0.71	0.7	0.6	0.59	0.53	0.61	0.41		0.47	0.39	0.22	0.85	0.33	0.92	0.65	0.73	0.62	0.14	0.39
Property Plant Equipment	0.42	0.4	0.13	0.41	0.88	0.31	0.01	0.14	0.11	0.28	0.1	0.06	0.2	0.94	0.47		-0.08	0.35	0.04	0.07	0.4	0.03	-0.05	0.49	-0.03	0.03
Short Term Investments	0.17	0.33	-0.12	0.34	-0.09	0.37	-0.14	0.18	0.07	-0.23	-0.14	-0.23	-0.13	-0.14	0.39	-0.08		0.15	0.46	-0.22	0.34	0.09	0.13	0.04	-0.62	-0.29
Long Term Debt	0.34	-0.14	0.21	0.25	0.6	0.18	0.14	0.22	0.2	0.28	0.12	0.15	0.31	0.44	0.22	0.35	0.15		0.14	0.09	0.01	0.22	0.15	0.2	0.03	0.12
Net Tangible Assets	0.87	0.05	0.75	0.91	0.12	0.95	0.73	0.81	0.84	0.66	0.72	0.66	0.73	-0.05	0.85	0.04	0.46	0.14		0.45	0.87	0.83	0.92	0.41	0.26	0.56
Good Will	0.47	-0.43	0.76	0.42	0.13	0.42	0.76	0.63	0.68	0.74	0.78	0.78	0.74	-0.02	0.33	0.07	-0.22	0.09	0.45		0.41	0.66	0.59	0.3	0.7	0.81
Deferred Long Term Liab	0.86	0.26	0.69	0.91	0.31	0.94	0.63	0.74	0.76	0.66	0.67	0.58	0.67	0.29	0.92	0.4	0.34	0.01	0.87	0.41		0.7	0.75	0.48	0.15	0.49
Short Long Term Debt	0.77	-0.22	0.95	0.74	0.13	0.77	0.95	0.91	0.97	0.9	0.93	0.91	0.94	-0.06	0.65	0.03	0.09	0.22	0.83	0.66	0.7		0.89	0.49	0.46	0.8
Total Current Assets	0.87	-0.17	0.85	0.83	0.09	0.87	0.86	0.83	0.89	0.79	0.83	0.82	0.84	-0.13	0.73	-0.05	0.13	0.15	0.92	0.59	0.75	0.89		0.37	0.56	0.72
Short Term Debt	0.52	-0.08	0.42	0.52	0.35	0.51	0.37	0.44	0.39	0.44	0.43	0.41	0.44	0.39	0.62	0.49	0.04	0.2	0.41	0.3	0.48	0.49	0.37		0.15	0.3
Non Current Assets Total	0.43	-0.43	0.62	0.28	0.17	0.27	0.65	0.35	0.51	0.66	0.64	0.7	0.62	-0.04	0.14	-0.03	-0.62	0.03	0.26	0.7	0.15	0.46	0.56	0.15		0.73
Non Currrent Assets Other	0.58	-0.55	0.92	0.51	0.12	0.51	0.93	0.75	0.83	0.9	0.95	0.95	0.9	-0.05	0.39	0.03	-0.29	0.12	0.56	0.81	0.49	0.8	0.72	0.3	0.73

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Dirui Industrial Account Relationship Matchups

Dirui Industrial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	2.4B	2.9B	3.3B	3.8B	1.9B
Other Current Liab	61.9M	108.2M	132.3M	4.6M	5.3M	5.0M
Total Current Liabilities	339.1M	443.7M	906.8M	1.2B	1.4B	1.5B
Total Stockholder Equity	1.7B	1.9B	1.9B	2.0B	2.3B	1.3B
Other Liab	60.2M	29.9M	54.2M	47.3M	54.4M	54.7M
Retained Earnings	1.1B	1.2B	1.3B	1.4B	1.6B	784.6M
Accounts Payable	94.4M	151.9M	416.0M	556.8M	640.4M	672.4M
Cash	687.5M	460.7M	838.1M	845.7M	972.6M	1.0B
Other Assets	80.2M	88.1M	141.2M	257.8M	296.4M	311.2M
Net Receivables	107.7M	128.5M	345.3M	432.1M	496.9M	521.8M
Inventory	218.4M	237.3M	375.9M	572.9M	658.9M	691.8M
Other Current Assets	10.0M	34.5M	92.9M	161.6M	185.9M	195.1M
Total Liab	368.9M	499.3M	1.0B	1.3B	1.5B	1.5B
Intangible Assets	100.3M	102.7M	99.2M	92.9M	106.8M	166.1M
Property Plant Equipment	282.2M	214.4M	197.2M	183.7M	211.2M	244.0M
Net Tangible Assets	869.8M	1.6B	1.8B	1.8B	2.1B	1.1B
Deferred Long Term Liab	29.7M	31.3M	26.6M	30.0M	34.5M	25.5M
Total Current Assets	1.2B	1.3B	1.8B	2.0B	2.4B	1.3B
Non Current Assets Total	827.9M	1.1B	1.1B	1.3B	1.5B	1.2B
Non Currrent Assets Other	3.4M	7.4M	10.2M	134.8M	155.0M	162.8M
Non Current Liabilities Total	29.9M	55.6M	98.7M	49.6M	44.6M	58.2M
Other Stockholder Equity	7.1M	6.7M	150.1M	75.8M	87.1M	91.5M
Net Invested Capital	1.8B	2.0B	2.3B	2.3B	2.7B	2.0B
Net Working Capital	856.5M	866.7M	921.7M	811.9M	933.7M	793.2M
Property Plant And Equipment Net	214.4M	197.2M	183.7M	195.0M	175.5M	171.6M
Property Plant And Equipment Gross	377.0M	373.5M	183.7M	392.4M	353.1M	285.1M

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Other Information on Investing in Dirui Stock

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

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Dirui Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

Dirui Industrial fundamental ratios Correlations

Dirui Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dirui Industrial fundamental ratios Accounts

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Other Information on Investing in Dirui Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Accounts Payable
Other Current Assets	+ 0.99	Accounts Payable

Non Current Assets Total	- 0.62	Short Term Investments
Non Currrent Assets Other	- 0.55	Other Current Liab
Non Current Assets Total	- 0.43	Other Current Liab
Good Will	- 0.43	Other Current Liab
Other Current Assets	- 0.4	Other Current Liab
Inventory	- 0.35	Other Current Liab