Jiangsu Income Before Tax vs Net Income Analysis

600522 Stock

14.75 0.36 2.38%

Jiangsu Zhongtian financial indicator trend analysis is infinitely more than just investigating Jiangsu Zhongtian recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Zhongtian is a good investment. Please check the relationship between Jiangsu Zhongtian Income Before Tax and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Zhongtian Technology. 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 Net Income

Income Before Tax vs Net Income Correlation Analysis

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

The correlation between Jiangsu Zhongtian's Income Before Tax and Net Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Jiangsu Zhongtian Technology, assuming nothing else is changed. The correlation between historical values of Jiangsu Zhongtian's Income Before Tax and Net 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 Jiangsu Zhongtian Technology are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Jiangsu Zhongtian's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jiangsu Zhongtian financial statement analysis. It represents the amount of money remaining after all of Jiangsu Zhongtian Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Jiangsu Zhongtian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Zhongtian 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 Jiangsu Zhongtian Technology. 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 1.5 B, whereas Tax Provision is forecasted to decline to about 363.1 M.

	2021	2022	2023	2024 (projected)
Operating Income	4.5B	4.1B	3.6B	3.8B
Total Revenue	46.2B	40.3B	45.1B	47.3B

Operating Income Total Revenue

Jiangsu Zhongtian fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Other Assets	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.38	0.99	0.99	0.99	0.98	0.99	0.98	0.78	0.61	0.98	0.96	0.95	0.98	0.98	0.54	0.82	0.12	0.47	0.92	-0.67	0.48	0.9	0.85	0.95	0.88
Other Current Liab	0.38		0.45	0.28	0.31	0.47	0.31	0.27	0.63	0.87	0.54	0.48	0.32	0.39	0.39	0.75	0.24	0.24	0.6	0.39	0.15	0.56	0.3	0.15	0.48	0.47
Total Current Liabilities	0.99	0.45		0.97	0.98	0.99	0.97	0.96	0.8	0.67	0.99	0.96	0.94	0.98	0.98	0.57	0.81	0.14	0.5	0.91	-0.61	0.52	0.9	0.84	0.95	0.89
Total Stockholder Equity	0.99	0.28	0.97		0.99	0.96	0.99	0.99	0.74	0.51	0.94	0.94	0.95	0.97	0.97	0.45	0.82	0.07	0.38	0.92	-0.73	0.41	0.89	0.88	0.92	0.85
Retained Earnings	0.99	0.31	0.98	0.99		0.96	1.0	0.99	0.72	0.55	0.96	0.93	0.93	0.96	0.96	0.49	0.83	0.06	0.42	0.92	-0.72	0.42	0.88	0.85	0.94	0.84
Accounts Payable	0.98	0.47	0.99	0.96	0.96		0.96	0.94	0.84	0.7	0.99	0.98	0.95	0.99	0.98	0.66	0.76	0.24	0.6	0.9	-0.54	0.61	0.91	0.81	0.94	0.91
Cash	0.99	0.31	0.97	0.99	1.0	0.96		0.98	0.72	0.53	0.95	0.92	0.92	0.96	0.96	0.49	0.82	0.04	0.41	0.93	-0.75	0.39	0.87	0.86	0.95	0.83
Net Receivables	0.98	0.27	0.96	0.99	0.99	0.94	0.98		0.69	0.49	0.93	0.92	0.95	0.96	0.96	0.41	0.83	0.01	0.33	0.89	-0.73	0.37	0.89	0.87	0.9	0.83
Inventory	0.78	0.63	0.8	0.74	0.72	0.84	0.72	0.69		0.8	0.84	0.89	0.79	0.84	0.8	0.77	0.52	0.5	0.7	0.81	-0.25	0.62	0.78	0.69	0.82	0.91
Other Current Assets	0.61	0.87	0.67	0.51	0.55	0.7	0.53	0.49	0.8		0.74	0.69	0.55	0.61	0.61	0.8	0.38	0.29	0.7	0.58	0.05	0.72	0.54	0.34	0.68	0.67
Total Liab	0.98	0.54	0.99	0.94	0.96	0.99	0.95	0.93	0.84	0.74		0.97	0.92	0.97	0.97	0.68	0.77	0.22	0.61	0.9	-0.54	0.6	0.88	0.78	0.95	0.9
Intangible Assets	0.96	0.48	0.96	0.94	0.93	0.98	0.92	0.92	0.89	0.69	0.97		0.95	0.98	0.97	0.63	0.69	0.32	0.6	0.89	-0.52	0.59	0.9	0.83	0.91	0.93
Common Stock	0.95	0.32	0.94	0.95	0.93	0.95	0.92	0.95	0.79	0.55	0.92	0.95		0.97	0.97	0.48	0.74	0.18	0.43	0.87	-0.56	0.55	0.96	0.88	0.87	0.91
Property Plant Equipment	0.98	0.39	0.98	0.97	0.96	0.99	0.96	0.96	0.84	0.61	0.97	0.98	0.97		0.98	0.58	0.79	0.28	0.55	0.9	-0.6	0.56	0.92	0.85	0.92	0.92
Other Liab	0.98	0.39	0.98	0.97	0.96	0.98	0.96	0.96	0.8	0.61	0.97	0.97	0.97	0.98		0.56	0.73	0.14	0.5	0.89	-0.59	0.53	0.93	0.85	0.92	0.9
Long Term Debt	0.54	0.75	0.57	0.45	0.49	0.66	0.49	0.41	0.77	0.8	0.68	0.63	0.48	0.58	0.56		0.28	0.54	0.92	0.51	0.03	0.77	0.49	0.23	0.6	0.6
Other Assets	0.82	0.24	0.81	0.82	0.83	0.76	0.82	0.83	0.52	0.38	0.77	0.69	0.74	0.79	0.73	0.28		-0.04	0.19	0.8	-0.71	0.23	0.68	0.73	0.79	0.65
Short Term Investments	0.12	0.24	0.14	0.07	0.06	0.24	0.04	0.01	0.5	0.29	0.22	0.32	0.18	0.28	0.14	0.54	-0.04		0.74	0.1	0.27	0.59	0.21	0.07	0.1	0.37
Good Will	0.47	0.6	0.5	0.38	0.42	0.6	0.41	0.33	0.7	0.7	0.61	0.6	0.43	0.55	0.5	0.92	0.19	0.74		0.36	0.12	0.83	0.41	0.15	0.46	0.53
Net Tangible Assets	0.92	0.39	0.91	0.92	0.92	0.9	0.93	0.89	0.81	0.58	0.9	0.89	0.87	0.9	0.89	0.51	0.8	0.1	0.36		-0.7	0.32	0.88	0.9	0.98	0.91
Other Stockholder Equity	-0.67	0.15	-0.61	-0.73	-0.72	-0.54	-0.75	-0.73	-0.25	0.05	-0.54	-0.52	-0.56	-0.6	-0.59	0.03	-0.71	0.27	0.12	-0.7		0.26	-0.5	-0.75	-0.66	-0.44
Deferred Long Term Liab	0.48	0.56	0.52	0.41	0.42	0.61	0.39	0.37	0.62	0.72	0.6	0.59	0.55	0.56	0.53	0.77	0.23	0.59	0.83	0.32	0.26		0.52	0.17	0.4	0.55
Long Term Investments	0.9	0.3	0.9	0.89	0.88	0.91	0.87	0.89	0.78	0.54	0.88	0.9	0.96	0.92	0.93	0.49	0.68	0.21	0.41	0.88	-0.5	0.52		0.88	0.87	0.95
Short Long Term Debt	0.85	0.15	0.84	0.88	0.85	0.81	0.86	0.87	0.69	0.34	0.78	0.83	0.88	0.85	0.85	0.23	0.73	0.07	0.15	0.9	-0.75	0.17	0.88		0.85	0.88
Total Current Assets	0.95	0.48	0.95	0.92	0.94	0.94	0.95	0.9	0.82	0.68	0.95	0.91	0.87	0.92	0.92	0.6	0.79	0.1	0.46	0.98	-0.66	0.4	0.87	0.85		0.9
Short Term Debt	0.88	0.47	0.89	0.85	0.84	0.91	0.83	0.83	0.91	0.67	0.9	0.93	0.91	0.92	0.9	0.6	0.65	0.37	0.53	0.91	-0.44	0.55	0.95	0.88	0.9

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Jiangsu Zhongtian Account Relationship Matchups

Jiangsu Zhongtian fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.2B	47.1B	45.6B	48.7B	54.7B	57.5B
Other Current Liab	2.2B	5.1B	3.1B	465.8M	288.4M	274.0M
Total Current Liabilities	12.9B	18.0B	15.0B	16.3B	17.7B	18.5B
Total Stockholder Equity	21.2B	23.5B	26.9B	30.0B	33.2B	34.8B
Retained Earnings	10.3B	12.4B	12.3B	13.9B	16.5B	17.3B
Accounts Payable	9.0B	10.2B	8.2B	8.3B	9.9B	10.4B
Cash	10.0B	11.1B	12.4B	13.7B	15.5B	16.3B
Net Receivables	7.6B	9.4B	11.2B	10.7B	13.6B	14.2B
Inventory	7.1B	6.4B	5.6B	5.4B	5.1B	2.6B
Other Current Assets	2.5B	4.9B	1.6B	1.8B	1.3B	848.8M
Total Liab	18.7B	22.9B	17.9B	17.4B	20.1B	21.1B
Intangible Assets	1.0B	1.1B	1.0B	1.0B	1.0B	1.1B
Property Plant Equipment	8.9B	9.6B	9.5B	9.5B	10.9B	11.5B
Other Liab	597.4M	815.0M	889.0M	884.0M	1.0B	1.1B
Long Term Debt	5.1B	3.9B	1.9B	133.8M	1.4B	980.6M
Other Assets	838.4M	588.0M	1.0B	1.1B	1.3B	1.4B
Good Will	33.4M	22.4M	8.4M	5.6M	6.4M	12.5M
Net Tangible Assets	18.3B	20.3B	22.4B	25.9B	29.8B	19.7B
Other Stockholder Equity	610.1M	665.4M	831.3M	21.3M	19.1M	18.2M
Deferred Long Term Liab	17.3M	23.9M	23.7M	7.7M	8.9M	17.5M
Short Long Term Debt	1.3B	1.2B	3.5B	3.7B	3.4B	2.3B
Total Current Assets	27.7B	33.7B	32.3B	33.7B	37.4B	27.8B
Non Current Assets Total	12.6B	13.4B	13.6B	14.9B	17.3B	13.6B
Non Currrent Assets Other	192.3M	290.6M	217.9M	160.1M	683.9M	347.2M
Non Current Liabilities Total	5.8B	4.9B	2.9B	1.1B	2.4B	2.8B
Non Current Liabilities Other	555.3M	25M	40M	15M	13.5M	12.8M
Net Invested Capital	27.5B	28.6B	32.3B	33.8B	38.0B	31.8B
Net Working Capital	14.7B	15.7B	17.0B	17.5B	19.7B	16.3B

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Other Information on Investing in Jiangsu Stock

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

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Jiangsu Income Before Tax vs Net Income Analysis

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income

Jiangsu Zhongtian fundamental ratios Correlations

Jiangsu Zhongtian Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangsu Zhongtian fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Retained Earnings
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Cash	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities

Short Long Term Debt	- 0.75	Other Stockholder Equity
Other Stockholder Equity	- 0.75	Cash
Other Stockholder Equity	- 0.73	Net Receivables
Other Stockholder Equity	- 0.73	Total Stockholder Equity
Other Stockholder Equity	- 0.72	Retained Earnings
Other Stockholder Equity	- 0.71	Other Assets