Kunwu Income Before Tax vs Reconciled Depreciation Analysis

600053 Stock   16.25  0.04  0.25%   
Kunwu Jiuding financial indicator trend analysis is infinitely more than just investigating Kunwu Jiuding Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kunwu Jiuding Investment is a good investment. Please check the relationship between Kunwu Jiuding Income Before Tax and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kunwu Jiuding Investment. 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 Before Tax vs Reconciled Depreciation

Income Before Tax vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kunwu Jiuding Investment Income Before Tax account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kunwu Jiuding's Income Before Tax and Reconciled Depreciation is -0.16. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Kunwu Jiuding Investment, assuming nothing else is changed. The correlation between historical values of Kunwu Jiuding's Income Before Tax and Reconciled Depreciation 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 Kunwu Jiuding Investment are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Before Tax i.e., Kunwu Jiuding's Income Before Tax and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

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

Reconciled Depreciation

Most indicators from Kunwu Jiuding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kunwu Jiuding Investment 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 Kunwu Jiuding Investment. 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 149.7 M, whereas Tax Provision is projected to grow to (7.6 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses3.0M6.9M6.2M5.9M
Gross Profit198.8M426.1M279.3M556.1M

Kunwu Jiuding fundamental ratios Correlations

0.43-0.30.410.530.790.220.320.610.57-0.610.5-0.06-0.040.27-0.13-0.090.540.490.570.390.06-0.110.480.22-0.01
0.43-0.70.99-0.050.30.78-0.16-0.40.42-0.34-0.04-0.83-0.830.95-0.860.260.360.140.530.95-0.71-0.85-0.37-0.66-0.78
-0.3-0.7-0.720.0-0.41-0.580.550.370.13-0.170.280.650.64-0.720.68-0.27-0.36-0.28-0.5-0.730.550.670.180.460.61
0.410.99-0.72-0.050.30.79-0.2-0.440.38-0.31-0.05-0.86-0.860.95-0.890.240.360.10.520.95-0.75-0.87-0.4-0.69-0.8
0.53-0.050.0-0.050.62-0.34-0.050.630.11-0.150.370.240.24-0.210.18-0.22-0.030.080.09-0.180.170.310.250.350.36
0.790.3-0.410.30.620.01-0.150.470.08-0.140.29-0.010.030.17-0.03-0.130.570.310.580.30.21-0.030.490.310.16
0.220.78-0.580.79-0.340.010.05-0.560.43-0.390.06-0.91-0.90.91-0.910.60.350.060.290.85-0.79-0.93-0.54-0.79-0.88
0.32-0.160.55-0.2-0.05-0.150.050.490.78-0.820.60.230.23-0.20.24-0.050.010.04-0.08-0.170.240.210.180.210.2
0.61-0.40.37-0.440.630.47-0.560.490.28-0.360.480.710.73-0.580.66-0.420.070.370.1-0.470.690.70.770.810.72
0.570.420.130.380.110.080.430.780.28-0.960.62-0.25-0.240.35-0.270.170.170.080.180.36-0.2-0.25-0.1-0.17-0.23
-0.61-0.34-0.17-0.31-0.15-0.14-0.39-0.82-0.36-0.96-0.670.20.19-0.250.21-0.02-0.13-0.13-0.26-0.270.160.190.00.10.17
0.5-0.040.28-0.050.370.290.060.60.480.62-0.670.080.08-0.070.060.080.31-0.14-0.08-0.050.130.080.160.140.17
-0.06-0.830.65-0.860.24-0.01-0.910.230.71-0.250.20.080.99-0.940.97-0.53-0.190.1-0.31-0.860.90.970.710.910.93
-0.04-0.830.64-0.860.240.03-0.90.230.73-0.240.190.080.99-0.930.99-0.5-0.180.14-0.22-0.840.930.970.740.940.94
0.270.95-0.720.95-0.210.170.91-0.2-0.580.35-0.25-0.07-0.94-0.93-0.940.520.380.070.40.97-0.8-0.95-0.52-0.79-0.89
-0.13-0.860.68-0.890.18-0.03-0.910.240.66-0.270.210.060.970.99-0.94-0.48-0.210.03-0.26-0.860.940.960.660.890.93
-0.090.26-0.270.24-0.22-0.130.6-0.05-0.420.17-0.020.08-0.53-0.50.52-0.480.27-0.09-0.190.44-0.41-0.53-0.5-0.52-0.52
0.540.36-0.360.36-0.030.570.350.010.070.17-0.130.31-0.19-0.180.38-0.210.270.030.220.510.1-0.320.340.0-0.14
0.490.14-0.280.10.080.310.060.040.370.08-0.13-0.140.10.140.070.03-0.090.030.560.120.060.070.510.330.0
0.570.53-0.50.520.090.580.29-0.080.10.18-0.26-0.08-0.31-0.220.4-0.26-0.190.220.560.53-0.13-0.270.30.05-0.2
0.390.95-0.730.95-0.180.30.85-0.17-0.470.36-0.27-0.05-0.86-0.840.97-0.860.440.510.120.53-0.67-0.9-0.35-0.66-0.8
0.06-0.710.55-0.750.170.21-0.790.240.69-0.20.160.130.90.93-0.80.94-0.410.10.06-0.13-0.670.850.770.910.91
-0.11-0.850.67-0.870.31-0.03-0.930.210.7-0.250.190.080.970.97-0.950.96-0.53-0.320.07-0.27-0.90.850.630.90.95
0.48-0.370.18-0.40.250.49-0.540.180.77-0.10.00.160.710.74-0.520.66-0.50.340.510.3-0.350.770.630.880.69
0.22-0.660.46-0.690.350.31-0.790.210.81-0.170.10.140.910.94-0.790.89-0.520.00.330.05-0.660.910.90.880.93
-0.01-0.780.61-0.80.360.16-0.880.20.72-0.230.170.170.930.94-0.890.93-0.52-0.140.0-0.2-0.80.910.950.690.93
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Kunwu Jiuding Account Relationship Matchups

Kunwu Jiuding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.4B3.3B3.5B3.4B3.0B
Total Stockholder Equity2.6B2.7B2.7B2.9B2.9B1.5B
Other Liab45.9M49.3M131.9M83.3M75.0M71.2M
Retained Earnings2.0B2.0B2.1B2.3B2.0B1.0B
Accounts Payable78.7M30.1M42.3M18.4M28.0M26.6M
Cash639.5M213.4M125.1M356.6M244.9M258.3M
Other Assets305.5M312.3M331.4M341.4M392.6M412.2M
Inventory1.6B1.6B1.6B1.7B1.8B1.7B
Total Liab1.2B630.5M539.3M494.2M489.5M465.0M
Property Plant Equipment32.7M30.4M65.8M57.4M51.6M86.7M
Other Current Liab263.1M143.0M310.3M355.6M11.4M10.8M
Total Current Liabilities864.6M581.2M380.2M390.2M394.9M375.2M
Net Tangible Assets2.6B2.7B2.7B2.9B3.4B2.5B
Net Receivables217.8M109.6M83.8M72.7M87.1M82.7M
Other Current Assets6.5M15.4M17.5M25.3M32.1M24.8M
Other Stockholder Equity42.7M20.0M12.1M20.3M18.3M35.2M
Deferred Long Term Liab23.7M16.4M2.9M1.8M2.1M2.0M
Total Current Assets2.5B2.0B2.0B2.2B2.3B2.0B
Intangible Assets382.8K202.5K93.2K66.9K46.4K44.1K
Non Current Assets Total1.4B1.3B1.3B1.2B1.1B1.3B
Non Currrent Assets Other2.0B2.4B1.0B4.8M4.3M4.1M
Non Current Liabilities Total345.9M49.3M159.2M104.1M94.5M89.8M
Net Invested Capital3.0B2.7B2.7B2.9B2.9B3.1B
Net Working Capital1.6B1.4B1.6B1.8B1.9B1.6B

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Other Information on Investing in Kunwu Stock

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