Shenzhen Income Before Tax vs Interest Income Analysis

301308 Stock

86.26 2.00 2.27%

Shenzhen Longsys financial indicator trend analysis is much more than just breaking down Shenzhen Longsys Ele prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Longsys Ele is a good investment. Please check the relationship between Shenzhen Longsys Income Before Tax and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Longsys Electronics. 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.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Longsys Ele Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Shenzhen Longsys' Income Before Tax and Interest Income is -0.94. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of Shenzhen Longsys Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Longsys' Income Before Tax and Interest 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 Before Tax of Shenzhen Longsys Electronics are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., Shenzhen Longsys' Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

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Income Before Tax

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

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most indicators from Shenzhen Longsys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Longsys Ele 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 Shenzhen Longsys Electronics. 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 Tax Provision is expected to grow to about (210 M). In addition to that, Selling General Administrative is expected to decline to about 420.2 M

	2021	2022	2023	2024 (projected)
Interest Expense	12.0M	30.4M	82.2M	47.5M
Interest Income	3.1M	21.5M	34.1M	35.8M

Interest Expense Interest Income

Shenzhen Longsys fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.78	0.88	0.91	0.51	0.86	0.26	0.87	0.89	0.83	0.99	0.97	0.83	0.98	0.82	0.86	1.0	0.87	0.99	0.97	0.99	0.82	0.97	0.84	0.8	0.85
Other Current Liab	-0.78		-0.75	-0.84	-0.82	-0.88	-0.29	-0.7	-0.73	-0.66	-0.73	-0.66	-0.6	-0.83	-0.67	-0.7	-0.77	-0.7	-0.83	-0.66	-0.82	-0.78	-0.71	-0.63	-0.58	-0.64
Total Current Liabilities	0.88	-0.75		0.76	0.46	0.85	0.2	1.0	0.99	0.99	0.85	0.91	0.98	0.88	0.99	1.0	0.86	0.99	0.86	0.91	0.86	0.67	0.88	0.99	0.97	0.99
Total Stockholder Equity	0.91	-0.84	0.76		0.74	0.72	0.43	0.76	0.81	0.68	0.91	0.84	0.68	0.9	0.65	0.74	0.93	0.77	0.96	0.84	0.94	0.98	0.83	0.7	0.63	0.71
Retained Earnings	0.51	-0.82	0.46	0.74		0.47	0.1	0.42	0.47	0.34	0.5	0.35	0.29	0.6	0.36	0.4	0.53	0.42	0.59	0.35	0.62	0.75	0.45	0.34	0.27	0.35
Accounts Payable	0.86	-0.88	0.85	0.72	0.47		0.23	0.81	0.81	0.82	0.8	0.81	0.77	0.87	0.82	0.82	0.83	0.8	0.85	0.81	0.84	0.6	0.83	0.78	0.76	0.78
Cash	0.26	-0.29	0.2	0.43	0.1	0.23		0.19	0.25	0.15	0.23	0.3	0.18	0.12	0.08	0.19	0.29	0.2	0.34	0.3	0.19	0.54	0.06	0.17	0.12	0.18
Non Current Assets Total	0.87	-0.7	1.0	0.76	0.42	0.81	0.19		1.0	0.99	0.86	0.92	0.99	0.87	0.99	1.0	0.86	1.0	0.85	0.92	0.86	0.67	0.89	1.0	0.98	1.0
Non Currrent Assets Other	0.89	-0.73	0.99	0.81	0.47	0.81	0.25	1.0		0.98	0.88	0.93	0.98	0.88	0.97	0.99	0.88	1.0	0.88	0.93	0.88	0.72	0.89	0.99	0.97	0.99
Long Term Debt	0.83	-0.66	0.99	0.68	0.34	0.82	0.15	0.99	0.98		0.81	0.89	0.99	0.83	1.0	1.0	0.81	0.99	0.8	0.89	0.81	0.57	0.86	1.0	0.99	0.99
Net Receivables	0.99	-0.73	0.85	0.91	0.5	0.8	0.23	0.86	0.88	0.81		0.97	0.81	0.97	0.79	0.84	1.0	0.86	0.98	0.97	0.99	0.83	0.98	0.83	0.79	0.83
Common Stock Shares Outstanding	0.97	-0.66	0.91	0.84	0.35	0.81	0.3	0.92	0.93	0.89	0.97		0.91	0.92	0.87	0.91	0.97	0.92	0.95	1.0	0.94	0.76	0.96	0.91	0.88	0.91
Non Current Liabilities Total	0.83	-0.6	0.98	0.68	0.29	0.77	0.18	0.99	0.98	0.99	0.81	0.91		0.81	0.98	0.99	0.81	0.99	0.8	0.91	0.8	0.58	0.85	1.0	1.0	1.0
Inventory	0.98	-0.83	0.88	0.9	0.6	0.87	0.12	0.87	0.88	0.83	0.97	0.92	0.81		0.83	0.86	0.97	0.87	0.97	0.92	0.99	0.79	0.98	0.83	0.79	0.83
Other Current Assets	0.82	-0.67	0.99	0.65	0.36	0.82	0.08	0.99	0.97	1.0	0.79	0.87	0.98	0.83		0.99	0.79	0.98	0.78	0.87	0.8	0.54	0.86	0.99	0.99	0.99
Total Liab	0.86	-0.7	1.0	0.74	0.4	0.82	0.19	1.0	0.99	1.0	0.84	0.91	0.99	0.86	0.99		0.85	1.0	0.84	0.91	0.84	0.64	0.88	1.0	0.99	1.0
Net Invested Capital	1.0	-0.77	0.86	0.93	0.53	0.83	0.29	0.86	0.88	0.81	1.0	0.97	0.81	0.97	0.79	0.85		0.86	0.99	0.97	0.99	0.86	0.96	0.83	0.78	0.83
Short Long Term Debt	0.87	-0.7	0.99	0.77	0.42	0.8	0.2	1.0	1.0	0.99	0.86	0.92	0.99	0.87	0.98	1.0	0.86		0.86	0.92	0.86	0.68	0.89	1.0	0.98	1.0
Total Current Assets	0.99	-0.83	0.86	0.96	0.59	0.85	0.34	0.85	0.88	0.8	0.98	0.95	0.8	0.97	0.78	0.84	0.99	0.86		0.95	0.99	0.89	0.94	0.81	0.76	0.82
Capital Stock	0.97	-0.66	0.91	0.84	0.35	0.81	0.3	0.92	0.93	0.89	0.97	1.0	0.91	0.92	0.87	0.91	0.97	0.92	0.95		0.94	0.76	0.96	0.91	0.88	0.91
Non Current Liabilities Other	0.99	-0.82	0.86	0.94	0.62	0.84	0.19	0.86	0.88	0.81	0.99	0.94	0.8	0.99	0.8	0.84	0.99	0.86	0.99	0.94		0.85	0.97	0.82	0.77	0.83
Net Working Capital	0.82	-0.78	0.67	0.98	0.75	0.6	0.54	0.67	0.72	0.57	0.83	0.76	0.58	0.79	0.54	0.64	0.86	0.68	0.89	0.76	0.85		0.71	0.61	0.53	0.62
Intangible Assets	0.97	-0.71	0.88	0.83	0.45	0.83	0.06	0.89	0.89	0.86	0.98	0.96	0.85	0.98	0.86	0.88	0.96	0.89	0.94	0.96	0.97	0.71		0.86	0.84	0.87
Property Plant And Equipment Net	0.84	-0.63	0.99	0.7	0.34	0.78	0.17	1.0	0.99	1.0	0.83	0.91	1.0	0.83	0.99	1.0	0.83	1.0	0.81	0.91	0.82	0.61	0.86		1.0	1.0
Capital Lease Obligations	0.8	-0.58	0.97	0.63	0.27	0.76	0.12	0.98	0.97	0.99	0.79	0.88	1.0	0.79	0.99	0.99	0.78	0.98	0.76	0.88	0.77	0.53	0.84	1.0		0.99
Property Plant And Equipment Gross	0.85	-0.64	0.99	0.71	0.35	0.78	0.18	1.0	0.99	0.99	0.83	0.91	1.0	0.83	0.99	1.0	0.83	1.0	0.82	0.91	0.83	0.62	0.87	1.0	0.99

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

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Shenzhen Income Before Tax vs Interest Income Analysis

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Interest Income

Shenzhen Longsys fundamental ratios Correlations

Shenzhen Longsys Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Assets Total
Short Long Term Debt	+ 1.0	Non Current Assets Total

Accounts Payable	- 0.88	Other Current Liab
Total Stockholder Equity	- 0.84	Other Current Liab
Total Current Assets	- 0.83	Other Current Liab
Inventory	- 0.83	Other Current Liab
Non Current Liabilities Other	- 0.82	Other Current Liab
Retained Earnings	- 0.82	Other Current Liab