Tianjin Income Tax Expense vs Operating Income Analysis

600322 Stock   2.28  0.22  8.80%   
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 Tax Expense and its Operating Income 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 Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Realty Devel Income Tax Expense account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tianjin Realty's Income Tax Expense and Operating Income is 0.83. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income 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 Tax Expense and Operating 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 Tax Expense of Tianjin Realty Development are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Tianjin Realty's Income Tax Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Income Tax Expense

Operating Income

Operating Income is the amount of profit realized from Tianjin Realty Devel 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 Tianjin Realty Development 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.
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 22, 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 M
 2021 2022 2023 2024 (projected)
Operating Income506.6M45.7M1.2B1.2B
Total Revenue4.7B3.4B3.1B2.9B

Tianjin Realty fundamental ratios Correlations

0.47-0.390.3-0.040.670.840.810.990.980.52-0.48-0.180.440.730.640.2-0.20.62-0.210.18-0.540.66-0.530.230.19
0.470.440.94-0.580.570.140.40.490.280.250.140.520.810.22-0.120.89-0.55-0.170.66-0.50.40.730.410.440.86
-0.390.440.42-0.390.0-0.42-0.35-0.37-0.530.090.270.930.33-0.43-0.640.43-0.23-0.690.67-0.590.750.010.750.020.41
0.30.940.42-0.760.51-0.10.310.330.12-0.080.430.390.780.17-0.220.99-0.62-0.280.78-0.610.530.760.530.480.96
-0.04-0.58-0.39-0.76-0.490.33-0.2-0.040.060.43-0.69-0.22-0.55-0.170.31-0.80.570.44-0.770.7-0.58-0.69-0.59-0.23-0.76
0.670.570.00.51-0.490.380.850.610.60.220.050.080.50.310.020.46-0.310.040.36-0.450.020.750.020.080.46
0.840.14-0.42-0.10.330.380.60.810.890.76-0.82-0.190.210.620.61-0.210.00.67-0.560.55-0.70.2-0.690.2-0.16
0.810.4-0.350.31-0.20.850.60.760.780.3-0.15-0.190.360.380.210.24-0.140.290.07-0.17-0.280.64-0.280.10.27
0.990.49-0.370.33-0.040.610.810.760.960.5-0.48-0.160.480.760.660.23-0.250.61-0.20.19-0.520.66-0.520.270.21
0.980.28-0.530.120.060.60.890.780.960.5-0.56-0.330.320.770.710.03-0.140.71-0.380.33-0.680.55-0.670.190.03
0.520.250.09-0.080.430.220.760.30.50.5-0.870.370.210.170.22-0.20.120.31-0.330.34-0.33-0.06-0.32-0.03-0.19
-0.480.140.270.43-0.690.05-0.82-0.15-0.48-0.56-0.870.020.04-0.35-0.530.53-0.21-0.580.74-0.720.680.260.670.020.51
-0.180.520.930.39-0.220.08-0.19-0.19-0.16-0.330.370.020.39-0.36-0.50.36-0.16-0.540.56-0.510.60.040.60.00.34
0.440.810.330.78-0.550.50.210.360.480.320.210.040.390.41-0.060.72-0.72-0.20.46-0.330.260.610.290.660.75
0.730.22-0.430.17-0.170.310.620.380.760.770.17-0.35-0.360.410.770.12-0.470.57-0.360.38-0.580.54-0.560.410.11
0.64-0.12-0.64-0.220.310.020.610.210.660.710.22-0.53-0.5-0.060.77-0.270.130.9-0.680.62-0.840.26-0.840.07-0.3
0.20.890.430.99-0.80.46-0.210.240.230.03-0.20.530.360.720.12-0.27-0.62-0.330.82-0.640.580.730.590.450.96
-0.2-0.55-0.23-0.620.57-0.310.0-0.14-0.25-0.140.12-0.21-0.16-0.72-0.470.13-0.620.37-0.40.27-0.29-0.44-0.32-0.62-0.64
0.62-0.17-0.69-0.280.440.040.670.290.610.710.31-0.58-0.54-0.20.570.9-0.330.37-0.730.69-0.90.19-0.9-0.01-0.34
-0.210.660.670.78-0.770.36-0.560.07-0.2-0.38-0.330.740.560.46-0.36-0.680.82-0.4-0.73-0.920.890.440.890.130.79
0.18-0.5-0.59-0.610.7-0.450.55-0.170.190.330.34-0.72-0.51-0.330.380.62-0.640.270.69-0.92-0.8-0.44-0.790.07-0.61
-0.540.40.750.53-0.580.02-0.7-0.28-0.52-0.68-0.330.680.60.26-0.58-0.840.58-0.29-0.90.89-0.80.031.00.020.55
0.660.730.010.76-0.690.750.20.640.660.55-0.060.260.040.610.540.260.73-0.440.190.44-0.440.030.030.280.69
-0.530.410.750.53-0.590.02-0.69-0.28-0.52-0.67-0.320.670.60.29-0.56-0.840.59-0.32-0.90.89-0.791.00.030.040.56
0.230.440.020.48-0.230.080.20.10.270.19-0.030.020.00.660.410.070.45-0.62-0.010.130.070.020.280.040.62
0.190.860.410.96-0.760.46-0.160.270.210.03-0.190.510.340.750.11-0.30.96-0.64-0.340.79-0.610.550.690.560.62
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Tianjin Realty Account Relationship Matchups

Tianjin Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B22.9B18.9B16.6B15.6B16.1B
Total Stockholder Equity4.7B2.1B490.2M194.1M231.9M220.3M
Other Liab10.1M9.9M23.9M57.3M51.6M49.0M
Retained Earnings1.3B(1.2B)(3.0B)(3.6B)(3.6B)(3.4B)
Accounts Payable1.7B1.4B1.5B1.8B1.9B2.0B
Cash579.5M834.2M642.0M181.6M237.6M225.8M
Other Assets1.8B1.5B1.9B1.5B1.7B1.0B
Long Term Debt5.0B5.6B4.0B2.4B3.7B4.1B
Inventory21.9B18.4B15.5B13.7B10.6B12.8B
Total Liab20.1B20.3B17.9B15.8B14.9B12.4B
Property Plant Equipment87.9M85.1M77.4M70.3M63.2M105.9M
Intangible Assets5.6M5.5M5.3M5.2M5.1M7.2M
Other Current Liab5.0B7.4B6.9B5.5B112.0M106.4M
Total Current Liabilities15.1B14.7B13.8B13.4B11.1B15.5B
Net Tangible Assets4.6B2.1B474.3M188.9M170.0M161.5M
Net Receivables36.8M90.9K103.1K249.8K2.2B2.3B
Other Current Assets691.9M565.1M384.1M432.5M694.1M609.7M
Deferred Long Term Liab4.7M4.9M3.4M2.5M2.2M4.2M
Short Long Term Debt490M325.0M285.0M429.7M414.1M638.3M
Total Current Assets23.2B20.2B16.9B14.7B13.9B18.4B
Non Current Assets Total2.4B2.7B2.0B1.9B1.7B1.7B
Non Currrent Assets Other523.3M435.5M83.9M77.7M69.9M66.4M
Non Current Liabilities Total5.0B5.7B4.0B2.4B3.7B5.5B
Net Debt4.9B5.1B3.6B2.6B3.9B3.7B
Net Invested Capital10.1B8.1B4.8B3.0B4.4B6.5B
Net Working Capital8.1B5.5B3.1B1.3B2.8B5.0B

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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.