600322 Stock | | | 2.38 0.10 4.39% |
Tianjin Realty financial indicator trend analysis is much more than just breaking down Tianjin Realty Devel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Realty Devel is a good investment. Please check the relationship between Tianjin Realty Income Before Tax and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Realty Development. 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 Tax Provision
Income Before Tax vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin Realty Devel Income Before Tax account and
Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianjin Realty's Income Before Tax and Tax Provision is -0.03. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Tianjin Realty Development, assuming nothing else is changed. The correlation between historical values of Tianjin Realty's Income Before Tax and Tax Provision 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 Tianjin Realty Development are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Before Tax i.e., Tianjin Realty's Income Before Tax and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Tianjin Realty income statement and is an important metric when analyzing Tianjin Realty Devel 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.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Tianjin Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Realty Devel 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 Tianjin Realty Development. 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 November 26, 2024,
Selling General Administrative is expected to decline to about 172.2
M. In addition to that, Tax Provision is expected to decline to about 25.5
MTianjin Realty fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin Realty fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tianjin Stock
Balance Sheet is a snapshot of the
financial position of Tianjin Realty Devel at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Realty Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Realty 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.