Wanhua Income Before Tax vs Interest Income Analysis

600309 Stock

68.06 0.32 0.47%

Wanhua Chemical financial indicator trend analysis is more than just analyzing Wanhua Chemical Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wanhua Chemical Group is a good investment. Please check the relationship between Wanhua Chemical 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 Wanhua Chemical Group. 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 Wanhua Chemical Group Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Wanhua Chemical's Income Before Tax and Interest Income is 0.79. 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 Wanhua Chemical Group, assuming nothing else is changed. The correlation between historical values of Wanhua Chemical's 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 Wanhua Chemical Group 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., Wanhua Chemical's Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Wanhua Chemical income statement and is an important metric when analyzing Wanhua Chemical Group 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 Wanhua Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wanhua Chemical 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 Wanhua Chemical Group. 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 Selling General Administrative is expected to grow to about 3.5 B. The current year's Tax Provision is expected to grow to about 2.6 B

	2022	2023	2024	2025 (projected)
Operating Income	20.7B	21.5B	24.8B	26.0B
Total Revenue	165.6B	175.4B	201.7B	211.7B

Operating Income Total Revenue

Wanhua Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Intangible Assets	Good Will	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.07	0.99	0.99	0.99	0.96	0.92	0.94	0.9	0.57	0.99	0.87	1.0	0.56	0.97	0.11	0.93	0.99	0.96	0.97	-0.76	0.73	0.87	0.88	0.76	0.98
Other Current Liab	0.07		0.14	0.14	0.15	-0.16	0.11	0.24	-0.27	0.43	0.16	-0.13	0.03	0.47	0.26	0.22	0.33	0.16	-0.06	0.24	-0.18	0.5	0.33	0.24	0.48	-0.05
Total Current Liabilities	0.99	0.14		0.99	0.99	0.92	0.95	0.95	0.85	0.58	0.99	0.85	0.99	0.59	0.99	0.12	0.96	0.99	0.94	0.99	-0.76	0.77	0.91	0.91	0.8	0.96
Total Stockholder Equity	0.99	0.14	0.99		1.0	0.94	0.92	0.96	0.86	0.62	0.99	0.83	0.99	0.59	0.98	0.11	0.96	0.99	0.95	0.99	-0.77	0.78	0.89	0.89	0.81	0.97
Retained Earnings	0.99	0.15	0.99	1.0		0.94	0.92	0.96	0.86	0.62	0.99	0.82	0.98	0.59	0.98	0.11	0.96	0.99	0.94	0.99	-0.78	0.79	0.89	0.89	0.81	0.97
Accounts Payable	0.96	-0.16	0.92	0.94	0.94		0.81	0.86	0.96	0.48	0.92	0.83	0.96	0.43	0.87	0.05	0.83	0.93	0.96	0.88	-0.69	0.6	0.73	0.75	0.63	0.98
Cash	0.92	0.11	0.95	0.92	0.92	0.81		0.89	0.76	0.46	0.93	0.84	0.93	0.53	0.93	0.08	0.89	0.91	0.86	0.93	-0.72	0.7	0.93	0.94	0.74	0.89
Other Assets	0.94	0.24	0.95	0.96	0.96	0.86	0.89		0.77	0.67	0.95	0.73	0.93	0.66	0.95	0.08	0.94	0.93	0.88	0.96	-0.76	0.79	0.88	0.87	0.82	0.9
Long Term Debt	0.9	-0.27	0.85	0.86	0.86	0.96	0.76	0.77		0.38	0.86	0.89	0.92	0.37	0.81	0.08	0.72	0.87	0.89	0.77	-0.67	0.44	0.62	0.67	0.47	0.93
Net Receivables	0.57	0.43	0.58	0.62	0.62	0.48	0.46	0.67	0.38		0.63	0.33	0.53	0.65	0.6	0.24	0.7	0.56	0.45	0.65	-0.46	0.78	0.54	0.57	0.73	0.47
Inventory	0.99	0.16	0.99	0.99	0.99	0.92	0.93	0.95	0.86	0.63		0.83	0.98	0.58	0.97	0.14	0.95	0.98	0.92	0.98	-0.82	0.76	0.88	0.9	0.78	0.96
Other Current Assets	0.87	-0.13	0.85	0.83	0.82	0.83	0.84	0.73	0.89	0.33	0.83		0.89	0.5	0.85	0.2	0.76	0.85	0.84	0.78	-0.58	0.51	0.71	0.73	0.55	0.84
Total Liab	1.0	0.03	0.99	0.99	0.98	0.96	0.93	0.93	0.92	0.53	0.98	0.89		0.54	0.96	0.11	0.92	0.98	0.96	0.95	-0.76	0.7	0.86	0.87	0.73	0.98
Common Stock	0.56	0.47	0.59	0.59	0.59	0.43	0.53	0.66	0.37	0.65	0.58	0.5	0.54		0.66	0.24	0.66	0.58	0.49	0.6	-0.35	0.77	0.7	0.67	0.77	0.45
Property Plant Equipment	0.97	0.26	0.99	0.98	0.98	0.87	0.93	0.95	0.81	0.6	0.97	0.85	0.96	0.66		0.14	0.98	0.98	0.92	0.98	-0.7	0.81	0.92	0.9	0.85	0.92
Short Term Investments	0.11	0.22	0.12	0.11	0.11	0.05	0.08	0.08	0.08	0.24	0.14	0.2	0.11	0.24	0.14		0.15	0.13	0.05	0.1	-0.02	0.14	0.08	0.09	0.12	0.05
Other Liab	0.93	0.33	0.96	0.96	0.96	0.83	0.89	0.94	0.72	0.7	0.95	0.76	0.92	0.66	0.98	0.15		0.96	0.89	0.98	-0.67	0.9	0.92	0.89	0.92	0.88
Intangible Assets	0.99	0.16	0.99	0.99	0.99	0.93	0.91	0.93	0.87	0.56	0.98	0.85	0.98	0.58	0.98	0.13	0.96		0.95	0.97	-0.73	0.77	0.89	0.87	0.8	0.96
Good Will	0.96	-0.06	0.94	0.95	0.94	0.96	0.86	0.88	0.89	0.45	0.92	0.84	0.96	0.49	0.92	0.05	0.89	0.95		0.91	-0.65	0.68	0.81	0.79	0.72	0.97
Net Tangible Assets	0.97	0.24	0.99	0.99	0.99	0.88	0.93	0.96	0.77	0.65	0.98	0.78	0.95	0.6	0.98	0.1	0.98	0.97	0.91		-0.76	0.84	0.93	0.92	0.86	0.93
Other Stockholder Equity	-0.76	-0.18	-0.76	-0.77	-0.78	-0.69	-0.72	-0.76	-0.67	-0.46	-0.82	-0.58	-0.76	-0.35	-0.7	-0.02	-0.67	-0.73	-0.65	-0.76		-0.5	-0.66	-0.73	-0.52	-0.76
Long Term Investments	0.73	0.5	0.77	0.78	0.79	0.6	0.7	0.79	0.44	0.78	0.76	0.51	0.7	0.77	0.81	0.14	0.9	0.77	0.68	0.84	-0.5		0.87	0.84	0.99	0.64
Short Long Term Debt	0.87	0.33	0.91	0.89	0.89	0.73	0.93	0.88	0.62	0.54	0.88	0.71	0.86	0.7	0.92	0.08	0.92	0.89	0.81	0.93	-0.66	0.87		0.98	0.9	0.81
Total Current Assets	0.88	0.24	0.91	0.89	0.89	0.75	0.94	0.87	0.67	0.57	0.9	0.73	0.87	0.67	0.9	0.09	0.89	0.87	0.79	0.92	-0.73	0.84	0.98		0.86	0.82
Short Term Debt	0.76	0.48	0.8	0.81	0.81	0.63	0.74	0.82	0.47	0.73	0.78	0.55	0.73	0.77	0.85	0.12	0.92	0.8	0.72	0.86	-0.52	0.99	0.9	0.86		0.68
Non Current Assets Total	0.98	-0.05	0.96	0.97	0.97	0.98	0.89	0.9	0.93	0.47	0.96	0.84	0.98	0.45	0.92	0.05	0.88	0.96	0.97	0.93	-0.76	0.64	0.81	0.82	0.68

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Wanhua Chemical Account Relationship Matchups

Wanhua Chemical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	133.8B	190.3B	200.8B	253.0B	291.0B	305.5B
Other Current Liab	4.4B	7.9B	13.4B	702.8M	808.2M	767.8M
Total Current Liabilities	68.1B	98.0B	95.0B	108.7B	125.0B	131.2B
Total Stockholder Equity	48.8B	68.5B	76.8B	88.7B	102.0B	107.1B
Retained Earnings	43.1B	63.7B	72.1B	81.0B	93.2B	97.8B
Accounts Payable	17.5B	13.3B	24.2B	45.6B	52.4B	55.1B
Cash	17.6B	34.2B	19.0B	23.7B	27.3B	28.6B
Other Assets	3.8B	4.3B	3.8B	6.1B	7.0B	7.4B
Long Term Debt	11.8B	15.6B	16.2B	39.8B	45.8B	48.1B
Net Receivables	6.3B	8.6B	9.1B	9.1B	10.5B	11.0B
Inventory	8.7B	18.3B	18.2B	20.7B	23.7B	24.9B
Other Current Assets	2.3B	3.1B	1.4B	3.3B	3.8B	4.0B
Total Liab	82.1B	118.6B	119.5B	158.6B	182.4B	191.5B
Property Plant Equipment	47.0B	61.5B	79.6B	98.2B	112.9B	118.6B
Other Liab	1.4B	1.6B	1.8B	2.1B	2.5B	2.6B
Intangible Assets	6.9B	8.0B	10.0B	10.8B	12.4B	13.0B
Good Will	1.4B	1.3B	1.3B	2.2B	2.5B	2.6B
Net Tangible Assets	33.4B	35.7B	40.5B	59.3B	68.1B	71.5B
Other Stockholder Equity	(81.3M)	375.2M	(472.9M)	(510.4M)	(459.4M)	(436.4M)
Short Long Term Debt	38.2B	53.9B	44.0B	43.5B	50.1B	29.4B
Total Current Assets	40.5B	72.3B	51.5B	61.9B	71.1B	40.3B
Non Current Assets Total	93.2B	118.0B	149.3B	191.2B	219.9B	230.8B
Non Currrent Assets Other	81.8B	3.5B	5.3B	9.3B	10.7B	14.7B
Non Current Liabilities Total	14.0B	20.6B	24.5B	49.9B	57.4B	60.3B
Deferred Long Term Liab	48.6M	58.7M	27.8M	29.1M	33.5M	39.7M
Non Current Liabilities Other	274.8M	281.9M	252.7M	202.9M	182.6M	173.5M
Net Debt	32.5B	35.3B	41.2B	59.6B	68.6B	34.9B
Net Invested Capital	98.8B	138.0B	137.0B	172.0B	197.8B	112.4B
Net Working Capital	(27.6B)	(25.7B)	(43.5B)	(46.8B)	(42.1B)	(40.0B)
Property Plant And Equipment Net	79.6B	98.2B	122.4B	157.2B	180.7B	114.2B
Property Plant And Equipment Gross	111.1B	134.3B	166.3B	157.2B	180.7B	144.5B

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Other Information on Investing in Wanhua Stock

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

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Wanhua 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

Wanhua Chemical fundamental ratios Correlations

Wanhua Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wanhua Chemical fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Wanhua Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets

Other Stockholder Equity	- 0.82	Inventory
Other Stockholder Equity	- 0.78	Retained Earnings
Other Stockholder Equity	- 0.77	Total Stockholder Equity
Non Current Assets Total	- 0.76	Other Stockholder Equity
Other Stockholder Equity	- 0.76	Net Tangible Assets
Other Stockholder Equity	- 0.76	Total Liab