Shaanxi Operating Income vs Income Before Tax Analysis

600248 Stock

4.23 0.02 0.48%

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

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Yanchang Pet Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.

The correlation between Shaanxi Yanchang's Operating Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Shaanxi Yanchang Petroleum, assuming nothing else is changed. The correlation between historical values of Shaanxi Yanchang's Operating Income 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 Operating Income of Shaanxi Yanchang Petroleum 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 Operating Income i.e., Shaanxi Yanchang's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from Shaanxi Yanchang Pet 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 Shaanxi Yanchang Petroleum 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Shaanxi Yanchang income statement and is an important metric when analyzing Shaanxi Yanchang Pet 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 Shaanxi Yanchang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Yanchang Pet 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. 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 896.3 M. The current year's Tax Provision is expected to grow to about 960.1 M

	2022	2023	2024	2025 (projected)
Operating Income	12.2B	13.3B	15.3B	16.1B
Total Revenue	189.4B	180.6B	207.6B	218.0B

Operating Income Total Revenue

Shaanxi Yanchang 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	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Total Current Assets	Good Will
Total Assets		0.59	0.97	1.0	0.56	0.98	0.98	1.0	0.95	0.95	-0.54	-0.18	0.47	1.0	0.97	0.95	0.87	0.95	0.81	0.7	0.9	1.0	0.83	1.0	0.98	0.88
Other Current Liab	0.59		0.69	0.63	0.77	0.62	0.68	0.62	0.78	0.73	-0.21	0.37	0.92	0.59	0.42	0.76	0.85	0.69	0.79	0.73	0.8	0.57	0.72	0.61	0.64	0.48
Total Current Liabilities	0.97	0.69		0.98	0.68	0.98	1.0	0.97	0.98	1.0	-0.49	0.04	0.63	0.97	0.95	0.95	0.93	0.98	0.88	0.81	0.94	0.97	0.78	0.97	1.0	0.85
Total Stockholder Equity	1.0	0.63	0.98		0.59	0.98	0.98	1.0	0.96	0.96	-0.51	-0.15	0.51	1.0	0.95	0.96	0.89	0.96	0.84	0.72	0.92	1.0	0.85	0.99	0.98	0.88
Other Liab	0.56	0.77	0.68	0.59		0.58	0.66	0.57	0.7	0.72	-0.19	0.33	0.83	0.56	0.52	0.68	0.72	0.59	0.62	0.64	0.61	0.56	0.48	0.56	0.64	0.48
Retained Earnings	0.98	0.62	0.98	0.98	0.58		0.99	0.97	0.95	0.97	-0.52	0.0	0.55	0.97	0.96	0.95	0.91	0.96	0.84	0.76	0.9	0.98	0.76	0.97	0.98	0.86
Accounts Payable	0.98	0.68	1.0	0.98	0.66	0.99		0.98	0.98	0.99	-0.49	0.02	0.61	0.98	0.95	0.95	0.93	0.98	0.88	0.8	0.94	0.98	0.79	0.97	1.0	0.86
Cash	1.0	0.62	0.97	1.0	0.57	0.97	0.98		0.96	0.95	-0.52	-0.18	0.48	1.0	0.95	0.95	0.88	0.95	0.82	0.7	0.91	1.0	0.85	1.0	0.98	0.87
Other Assets	0.95	0.78	0.98	0.96	0.7	0.95	0.98	0.96		0.98	-0.46	0.06	0.69	0.95	0.88	0.96	0.96	0.97	0.92	0.83	0.97	0.94	0.85	0.95	0.97	0.85
Net Receivables	0.95	0.73	1.0	0.96	0.72	0.97	0.99	0.95	0.98		-0.46	0.12	0.69	0.95	0.92	0.95	0.95	0.98	0.89	0.84	0.95	0.95	0.77	0.95	0.99	0.84
Short Term Investments	-0.54	-0.21	-0.49	-0.51	-0.19	-0.52	-0.49	-0.52	-0.46	-0.46		0.28	-0.08	-0.54	-0.52	-0.4	-0.31	-0.51	-0.28	-0.19	-0.4	-0.54	-0.38	-0.56	-0.52	-0.45
Inventory	-0.18	0.37	0.04	-0.15	0.33	0.0	0.02	-0.18	0.06	0.12	0.28		0.64	-0.18	-0.16	-0.01	0.27	0.05	0.26	0.46	0.13	-0.18	-0.25	-0.19	-0.02	-0.16
Other Current Assets	0.47	0.92	0.63	0.51	0.83	0.55	0.61	0.48	0.69	0.69	-0.08	0.64		0.47	0.37	0.66	0.81	0.61	0.74	0.77	0.71	0.45	0.49	0.47	0.57	0.36
Total Liab	1.0	0.59	0.97	1.0	0.56	0.97	0.98	1.0	0.95	0.95	-0.54	-0.18	0.47		0.96	0.95	0.87	0.95	0.81	0.69	0.9	1.0	0.83	1.0	0.98	0.88
Intangible Assets	0.97	0.42	0.95	0.95	0.52	0.96	0.95	0.95	0.88	0.92	-0.52	-0.16	0.37	0.96		0.87	0.79	0.91	0.74	0.67	0.81	0.97	0.68	0.95	0.96	0.86
Common Stock	0.95	0.76	0.95	0.96	0.68	0.95	0.95	0.95	0.96	0.95	-0.4	-0.01	0.66	0.95	0.87		0.95	0.91	0.87	0.74	0.91	0.94	0.86	0.94	0.93	0.83
Property Plant Equipment	0.87	0.85	0.93	0.89	0.72	0.91	0.93	0.88	0.96	0.95	-0.31	0.27	0.81	0.87	0.79	0.95		0.92	0.94	0.89	0.96	0.86	0.78	0.86	0.9	0.74
Long Term Debt	0.95	0.69	0.98	0.96	0.59	0.96	0.98	0.95	0.97	0.98	-0.51	0.05	0.61	0.95	0.91	0.91	0.92		0.88	0.82	0.96	0.95	0.79	0.95	0.98	0.82
Net Tangible Assets	0.81	0.79	0.88	0.84	0.62	0.84	0.88	0.82	0.92	0.89	-0.28	0.26	0.74	0.81	0.74	0.87	0.94	0.88		0.95	0.93	0.81	0.82	0.81	0.85	0.82
Other Stockholder Equity	0.7	0.73	0.81	0.72	0.64	0.76	0.8	0.7	0.83	0.84	-0.19	0.46	0.77	0.69	0.67	0.74	0.89	0.82	0.95		0.87	0.69	0.62	0.68	0.78	0.67
Deferred Long Term Liab	0.9	0.8	0.94	0.92	0.61	0.9	0.94	0.91	0.97	0.95	-0.4	0.13	0.71	0.9	0.81	0.91	0.96	0.96	0.93	0.87		0.89	0.84	0.9	0.93	0.76
Non Current Assets Total	1.0	0.57	0.97	1.0	0.56	0.98	0.98	1.0	0.94	0.95	-0.54	-0.18	0.45	1.0	0.97	0.94	0.86	0.95	0.81	0.69	0.89		0.81	1.0	0.98	0.88
Non Currrent Assets Other	0.83	0.72	0.78	0.85	0.48	0.76	0.79	0.85	0.85	0.77	-0.38	-0.25	0.49	0.83	0.68	0.86	0.78	0.79	0.82	0.62	0.84	0.81		0.84	0.77	0.8
Non Current Liabilities Total	1.0	0.61	0.97	0.99	0.56	0.97	0.97	1.0	0.95	0.95	-0.56	-0.19	0.47	1.0	0.95	0.94	0.86	0.95	0.81	0.68	0.9	1.0	0.84		0.98	0.86
Total Current Assets	0.98	0.64	1.0	0.98	0.64	0.98	1.0	0.98	0.97	0.99	-0.52	-0.02	0.57	0.98	0.96	0.93	0.9	0.98	0.85	0.78	0.93	0.98	0.77	0.98		0.86
Good Will	0.88	0.48	0.85	0.88	0.48	0.86	0.86	0.87	0.85	0.84	-0.45	-0.16	0.36	0.88	0.86	0.83	0.74	0.82	0.82	0.67	0.76	0.88	0.8	0.86	0.86

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Shaanxi Yanchang Account Relationship Matchups

Shaanxi Yanchang fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	182.0B	229.3B	308.8B	346.7B	398.7B	418.6B
Other Current Liab	34.3B	40.4B	12.5B	21.1B	24.3B	25.5B
Total Current Liabilities	150.4B	188.8B	254.9B	283.4B	325.9B	342.2B
Total Stockholder Equity	15.7B	18.6B	23.5B	25.2B	28.9B	30.4B
Other Liab	4.3B	1.6B	1.8B	2.0B	2.3B	2.4B
Retained Earnings	6.1B	9.0B	11.2B	14.4B	16.6B	17.4B
Accounts Payable	105.0B	134.9B	181.4B	197.8B	227.4B	238.8B
Cash	19.7B	21.9B	28.3B	31.2B	35.9B	37.7B
Other Assets	5.3B	10.0B	14.0B	19.3B	22.2B	23.3B
Net Receivables	92.1B	118.5B	150.5B	165.2B	190.0B	199.5B
Inventory	2.3B	2.9B	2.9B	2.8B	3.2B	2.8B
Other Current Assets	3.6B	3.6B	2.1B	2.5B	2.9B	3.0B
Total Liab	164.7B	206.1B	274.1B	309.2B	355.6B	373.4B
Intangible Assets	1.4B	1.4B	5.4B	5.4B	6.2B	6.5B
Common Stock	1.7B	918.0M	3.1B	3.7B	4.2B	4.5B
Property Plant Equipment	2.2B	3.4B	4.3B	4.3B	5.0B	5.2B
Net Tangible Assets	14.5B	14.3B	17.2B	18.1B	20.8B	11.6B
Other Stockholder Equity	7.7B	5.0B	4.1B	6.5B	7.5B	4.1B
Deferred Long Term Liab	49.6M	337.3M	417.5M	407.6M	468.7M	492.1M
Non Current Assets Total	20.9B	26.7B	38.4B	43.0B	49.4B	51.9B
Non Currrent Assets Other	9.9B	11.8B	7.4B	8.3B	9.6B	5.3B
Non Current Liabilities Total	14.3B	17.3B	19.2B	25.8B	29.6B	31.1B
Total Current Assets	161.1B	202.5B	270.4B	303.7B	349.3B	366.8B
Net Invested Capital	33.6B	42.6B	52.7B	64.3B	73.9B	77.6B
Net Working Capital	10.7B	13.7B	15.5B	20.3B	23.4B	24.5B
Property Plant And Equipment Net	4.3B	4.3B	4.5B	4.3B	4.9B	4.0B
Property Plant And Equipment Gross	5.8B	6.1B	4.5B	6.6B	7.6B	5.3B

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Other Information on Investing in Shaanxi Stock

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

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Shaanxi Operating Income vs Income Before Tax Analysis

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Operating Income

Income Before Tax

Shaanxi Yanchang fundamental ratios Correlations

Shaanxi Yanchang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shaanxi Yanchang fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Shaanxi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities

Non Current Liabilities Total	- 0.56	Short Term Investments
Non Current Assets Total	- 0.54	Short Term Investments
Total Liab	- 0.54	Short Term Investments
Short Term Investments	- 0.54	Total Assets
Total Current Assets	- 0.52	Short Term Investments
Intangible Assets	- 0.52	Short Term Investments