Hualan Income Tax Expense vs Operating Income Analysis

301027 Stock

14.81 0.08 0.54%

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

Income Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hualan Group Income Tax Expense account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Hualan Group's Income Tax Expense and Operating Income is 0.52. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hualan Group Co, assuming nothing else is changed. The correlation between historical values of Hualan Group's Income Tax Expense and Operating Income 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 Tax Expense of Hualan Group Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Hualan Group's Income Tax Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

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Income Tax Expense

Operating Income

Operating Income is the amount of profit realized from Hualan Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hualan Group Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Hualan Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hualan Group 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 Hualan Group 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.

As of December 3, 2024, Tax Provision is expected to decline to about 4.7 M. In addition to that, Selling General Administrative is expected to decline to about 34 M

	2021	2022	2023	2024 (projected)
Interest Expense	4.8M	4.7M	5.7M	9.4M
Interest Income	7.9M	13.5M	9.3M	8.3M

Interest Expense Interest Income

Hualan Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Total Assets		-0.57	0.96	0.99	-0.77	0.99	0.98	0.92	0.84	0.81	0.65	0.96	0.92	0.82	0.98	0.94	0.77	0.78	0.96	-0.73	1.0	0.04	0.99	0.98	-0.99	0.98
Other Current Liab	-0.57		-0.61	-0.52	0.54	-0.53	-0.44	-0.72	-0.21	-0.8	-0.98	-0.54	-0.64	-0.77	-0.6	-0.51	-0.92	-0.9	-0.66	0.58	-0.56	0.01	-0.5	-0.6	0.5	-0.45
Total Current Liabilities	0.96	-0.61		0.93	-0.89	0.91	0.96	0.91	0.84	0.78	0.7	0.85	0.8	0.82	0.91	0.99	0.83	0.86	0.99	-0.71	0.94	0.05	0.95	0.91	-0.93	0.91
Total Stockholder Equity	0.99	-0.52	0.93		-0.73	0.99	0.98	0.89	0.86	0.77	0.59	0.97	0.94	0.79	0.99	0.9	0.71	0.72	0.92	-0.74	1.0	0.03	0.99	0.99	-1.0	0.99
Other Liab	-0.77	0.54	-0.89	-0.73		-0.69	-0.79	-0.69	-0.83	-0.53	-0.59	-0.58	-0.57	-0.56	-0.74	-0.9	-0.7	-0.75	-0.85	0.81	-0.75	-0.25	-0.79	-0.74	0.74	-0.74
Net Tangible Assets	0.99	-0.53	0.91	0.99	-0.69		0.96	0.92	0.8	0.82	0.6	0.99	0.95	0.78	0.97	0.88	0.71	0.72	0.92	-0.7	0.99	0.09	0.97	0.97	-0.99	0.98
Retained Earnings	0.98	-0.44	0.96	0.98	-0.79	0.96		0.86	0.91	0.71	0.54	0.92	0.86	0.76	0.95	0.95	0.68	0.71	0.94	-0.7	0.98	0.02	0.99	0.95	-0.98	0.98
Accounts Payable	0.92	-0.72	0.91	0.89	-0.69	0.92	0.86		0.6	0.97	0.8	0.91	0.85	0.86	0.86	0.88	0.88	0.89	0.95	-0.56	0.91	0.13	0.87	0.86	-0.9	0.84
Cash	0.84	-0.21	0.84	0.86	-0.83	0.8	0.91	0.6		0.39	0.28	0.72	0.69	0.5	0.84	0.86	0.44	0.48	0.77	-0.78	0.84	0.08	0.9	0.84	-0.86	0.9
Non Current Assets Total	0.81	-0.8	0.78	0.77	-0.53	0.82	0.71	0.97	0.39		0.85	0.85	0.81	0.86	0.76	0.73	0.89	0.88	0.85	-0.44	0.8	0.09	0.73	0.76	-0.78	0.7
Non Currrent Assets Other	0.65	-0.98	0.7	0.59	-0.59	0.6	0.54	0.8	0.28	0.85		0.61	0.66	0.88	0.66	0.62	0.98	0.96	0.76	-0.53	0.63	-0.12	0.58	0.66	-0.57	0.52
Other Assets	0.96	-0.54	0.85	0.97	-0.58	0.99	0.92	0.91	0.72	0.85	0.61		0.97	0.81	0.95	0.81	0.7	0.7	0.87	-0.63	0.97	0.01	0.94	0.95	-0.97	0.95
Net Receivables	0.92	-0.64	0.8	0.94	-0.57	0.95	0.86	0.85	0.69	0.81	0.66	0.97		0.8	0.96	0.73	0.71	0.7	0.82	-0.74	0.94	-0.02	0.9	0.96	-0.92	0.92
Good Will	0.82	-0.77	0.82	0.79	-0.56	0.78	0.76	0.86	0.5	0.86	0.88	0.81	0.8		0.82	0.76	0.93	0.9	0.86	-0.48	0.8	-0.37	0.78	0.82	-0.76	0.75
Common Stock Shares Outstanding	0.98	-0.6	0.91	0.99	-0.74	0.97	0.95	0.86	0.84	0.76	0.66	0.95	0.96	0.82		0.87	0.75	0.76	0.9	-0.8	0.99	-0.04	0.98	1.0	-0.97	0.98
Short Term Investments	0.94	-0.51	0.99	0.9	-0.9	0.88	0.95	0.88	0.86	0.73	0.62	0.81	0.73	0.76	0.87		0.77	0.8	0.98	-0.67	0.91	0.11	0.94	0.87	-0.91	0.89
Non Current Liabilities Total	0.77	-0.92	0.83	0.71	-0.7	0.71	0.68	0.88	0.44	0.89	0.98	0.7	0.71	0.93	0.75	0.77		1.0	0.87	-0.56	0.74	-0.12	0.71	0.75	-0.69	0.65
Other Current Assets	0.78	-0.9	0.86	0.72	-0.75	0.72	0.71	0.89	0.48	0.88	0.96	0.7	0.7	0.9	0.76	0.8	1.0		0.89	-0.59	0.76	-0.04	0.73	0.76	-0.71	0.67
Total Liab	0.96	-0.66	0.99	0.92	-0.85	0.92	0.94	0.95	0.77	0.85	0.76	0.87	0.82	0.86	0.9	0.98	0.87	0.89		-0.66	0.94	0.07	0.94	0.9	-0.93	0.9
Deferred Long Term Liab	-0.73	0.58	-0.71	-0.74	0.81	-0.7	-0.7	-0.56	-0.78	-0.44	-0.53	-0.63	-0.74	-0.48	-0.8	-0.67	-0.56	-0.59	-0.66		-0.75	-0.21	-0.75	-0.8	0.72	-0.75
Net Invested Capital	1.0	-0.56	0.94	1.0	-0.75	0.99	0.98	0.91	0.84	0.8	0.63	0.97	0.94	0.8	0.99	0.91	0.74	0.76	0.94	-0.75		0.07	0.99	0.99	-1.0	0.99
Short Long Term Debt	0.04	0.01	0.05	0.03	-0.25	0.09	0.02	0.13	0.08	0.09	-0.12	0.01	-0.02	-0.37	-0.04	0.11	-0.12	-0.04	0.07	-0.21	0.07		0.03	-0.04	-0.09	0.02
Total Current Assets	0.99	-0.5	0.95	0.99	-0.79	0.97	0.99	0.87	0.9	0.73	0.58	0.94	0.9	0.78	0.98	0.94	0.71	0.73	0.94	-0.75	0.99	0.03		0.98	-0.99	0.99
Capital Stock	0.98	-0.6	0.91	0.99	-0.74	0.97	0.95	0.86	0.84	0.76	0.66	0.95	0.96	0.82	1.0	0.87	0.75	0.76	0.9	-0.8	0.99	-0.04	0.98		-0.97	0.98
Non Current Liabilities Other	-0.99	0.5	-0.93	-1.0	0.74	-0.99	-0.98	-0.9	-0.86	-0.78	-0.57	-0.97	-0.92	-0.76	-0.97	-0.91	-0.69	-0.71	-0.93	0.72	-1.0	-0.09	-0.99	-0.97		-0.99
Net Working Capital	0.98	-0.45	0.91	0.99	-0.74	0.98	0.98	0.84	0.9	0.7	0.52	0.95	0.92	0.75	0.98	0.89	0.65	0.67	0.9	-0.75	0.99	0.02	0.99	0.98	-0.99

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Hualan Group Account Relationship Matchups

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Other Information on Investing in Hualan Stock

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

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Hualan Income Tax Expense vs Operating Income Analysis

Income Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Income Tax Expense

Operating Income

Hualan Group fundamental ratios Correlations

Hualan Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Hualan Stock

COMMON DESTINATIONS

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COMPANY

Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Other Current Assets	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets

Non Current Liabilities Other	- 1.0	Net Invested Capital
Non Current Liabilities Other	- 1.0	Total Stockholder Equity
Net Working Capital	- 0.99	Non Current Liabilities Other
Non Current Liabilities Other	- 0.99	Total Current Assets
Non Current Liabilities Other	- 0.99	Net Tangible Assets
Non Current Liabilities Other	- 0.99	Total Assets