Guangzhou Ebit vs Income Before Tax Analysis

300404 Stock   8.94  0.06  0.67%   
Guangzhou Boji financial indicator trend analysis is much more than just examining Guangzhou Boji Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Boji Medical is a good investment. Please check the relationship between Guangzhou Boji Ebit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Boji Medical. 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.

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Boji Medical Ebit account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guangzhou Boji's Ebit and Income Before Tax is 0.58. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Guangzhou Boji Medical, assuming nothing else is changed. The correlation between historical values of Guangzhou Boji's Ebit 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 Ebit of Guangzhou Boji Medical 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 Ebit i.e., Guangzhou Boji's Ebit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Ebit

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Guangzhou Boji income statement and is an important metric when analyzing Guangzhou Boji Medical 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 Guangzhou Boji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Boji Medical 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 Guangzhou Boji Medical. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 33.8 M. The current year's Tax Provision is expected to grow to about (9.1 M)
 2021 2022 2023 2024 (projected)
Gross Profit140.1M160.7M185.3M110.9M
Research Development27.6M43.7M55.0M57.7M

Guangzhou Boji fundamental ratios Correlations

0.030.970.990.820.90.820.780.870.880.890.170.870.550.90.880.87-0.760.850.840.790.950.180.750.85-0.35
0.030.120.010.350.08-0.23-0.190.11-0.03-0.120.92-0.140.280.040.27-0.17-0.290.00.33-0.26-0.080.04-0.480.290.45
0.970.120.930.890.830.840.740.910.790.870.260.880.50.880.890.81-0.790.860.890.740.970.210.740.93-0.34
0.990.010.930.770.920.790.790.830.90.880.140.830.570.890.850.88-0.740.810.80.790.920.160.730.79-0.34
0.820.350.890.770.760.710.460.860.670.740.510.750.620.80.90.52-0.830.810.970.40.830.00.540.88-0.21
0.90.080.830.920.760.740.710.790.850.840.220.770.770.860.780.71-0.720.740.730.630.790.140.640.72-0.35
0.82-0.230.840.790.710.740.850.910.730.96-0.070.990.440.910.710.68-0.740.90.690.680.90.10.960.79-0.78
0.78-0.190.740.790.460.710.850.790.750.87-0.160.870.260.820.520.83-0.530.790.450.870.780.350.830.68-0.69
0.870.110.910.830.860.790.910.790.70.940.270.960.530.970.820.66-0.850.950.840.620.920.250.810.94-0.57
0.88-0.030.790.90.670.850.730.750.70.810.050.730.50.760.750.84-0.630.790.70.750.82-0.150.660.62-0.37
0.89-0.120.870.880.740.840.960.870.940.810.060.980.550.970.80.73-0.820.930.760.690.920.110.910.81-0.69
0.170.920.260.140.510.22-0.07-0.160.270.050.060.020.460.220.49-0.16-0.540.140.52-0.290.07-0.03-0.320.440.35
0.87-0.140.880.830.750.770.990.870.960.730.980.020.460.950.760.71-0.780.930.740.70.930.190.930.85-0.72
0.550.280.50.570.620.770.440.260.530.50.550.460.460.60.640.19-0.670.430.590.070.42-0.090.30.48-0.17
0.90.040.880.890.80.860.910.820.970.760.970.220.950.60.820.68-0.860.920.80.640.90.20.830.89-0.61
0.880.270.890.850.90.780.710.520.820.750.80.490.760.640.820.6-0.930.770.960.450.85-0.090.570.84-0.23
0.87-0.170.810.880.520.710.680.830.660.840.73-0.160.710.190.680.6-0.430.690.560.970.830.280.690.63-0.3
-0.76-0.29-0.79-0.74-0.83-0.72-0.74-0.53-0.85-0.63-0.82-0.54-0.78-0.67-0.86-0.93-0.43-0.78-0.89-0.3-0.760.07-0.59-0.840.42
0.850.00.860.810.810.740.90.790.950.790.930.140.930.430.920.770.69-0.780.810.660.920.060.830.86-0.6
0.840.330.890.80.970.730.690.450.840.70.760.520.740.590.80.960.56-0.890.810.410.85-0.060.540.86-0.19
0.79-0.260.740.790.40.630.680.870.620.750.69-0.290.70.070.640.450.97-0.30.660.410.780.380.720.58-0.39
0.95-0.080.970.920.830.790.90.780.920.820.920.070.930.420.90.850.83-0.760.920.850.780.150.860.88-0.47
0.180.040.210.160.00.140.10.350.25-0.150.11-0.030.19-0.090.2-0.090.280.070.06-0.060.380.150.140.270.02
0.75-0.480.740.730.540.640.960.830.810.660.91-0.320.930.30.830.570.69-0.590.830.540.720.860.140.65-0.8
0.850.290.930.790.880.720.790.680.940.620.810.440.850.480.890.840.63-0.840.860.860.580.880.270.65-0.39
-0.350.45-0.34-0.34-0.21-0.35-0.78-0.69-0.57-0.37-0.690.35-0.72-0.17-0.61-0.23-0.30.42-0.6-0.19-0.39-0.470.02-0.8-0.39
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Guangzhou Boji Account Relationship Matchups

Guangzhou Boji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets633.1M749.6M1.1B1.3B1.4B758.3M
Other Current Liab94.8M153.9M175.9M6.3M6.7M6.4M
Total Current Liabilities160.9M245.9M270.8M300.2M357.5M187.5M
Total Stockholder Equity422.7M444.2M814.0M855.0M955.9M528.3M
Other Liab17.2M16.1M18.7M16.3M18.8M11.4M
Retained Earnings123.6M131.8M170.6M167.5M186.5M142.9M
Accounts Payable42.6M50.9M55.8M79.0M101.4M106.5M
Cash57.4M146.4M384.5M306.9M397.2M417.0M
Other Assets39.7M45.0M84.2M80.4M92.4M97.0M
Net Receivables83.2M42.6M108.3M91.5M114.4M77.9M
Inventory91.5M93.2M148.3M168.4M199.1M209.0M
Other Current Assets34.4M46.4M39.0M3.8M1.9M1.8M
Total Liab177.0M264.6M291.8M376.7M448.8M471.3M
Intangible Assets24.1M23.4M22.5M22.4M21.9M22.8M
Common Stock133.9M173.3M226.6M261.5M300.7M315.7M
Property Plant Equipment200.2M204.5M185.9M225.8M259.6M154.3M
Net Tangible Assets360.5M370.5M392.7M763.4M877.9M483.8M
Short Term Investments29.0M49.5M20M45.7M7.4M7.0M
Deferred Long Term Liab1.9M4.1M3.1M4.8M5.5M5.7M
Total Current Assets286.4M374.9M700.1M701.2M815.2M514.5M
Non Current Assets Total346.6M374.8M438.1M564.2M613.7M428.2M
Non Currrent Assets Other928.1K11.4M8.2M10.1M5.3M7.0M
Non Current Liabilities Total16.1M18.7M21.0M76.5M91.3M95.9M
Short Long Term Debt15M32.0M25.2M20.2M29.9M19.4M
Common Stock Shares Outstanding225.3M226.6M261.5M368.4M382.0M301.3M
Net Invested Capital437.7M476.2M839.2M929.5M1.1B719.5M
Net Working Capital125.5M128.9M429.3M401.0M457.7M287.3M
Capital Stock173.3M226.6M261.5M368.4M382.0M283.4M

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Other Information on Investing in Guangzhou Stock

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