Lao Income Before Tax vs Total Other Income Expense Net Analysis

600612 Stock   51.69  1.16  2.30%   
Lao Feng financial indicator trend analysis is infinitely more than just investigating Lao Feng Xiang recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lao Feng Xiang is a good investment. Please check the relationship between Lao Feng Income Before Tax and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lao Feng Xiang. 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 Total Other Income Expense Net

Income Before Tax vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lao Feng Xiang Income Before Tax account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lao Feng's Income Before Tax and Total Other Income Expense Net is -0.5. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Lao Feng Xiang, assuming nothing else is changed. The correlation between historical values of Lao Feng's Income Before Tax and Total Other Income Expense Net 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 Lao Feng Xiang are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Income Before Tax i.e., Lao Feng's Income Before Tax and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

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

Total Other Income Expense Net

Most indicators from Lao Feng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lao Feng Xiang 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 Lao Feng Xiang. 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 596.7 M, whereas Tax Provision is forecasted to decline to about 753.5 M.
 2021 2022 2023 2024 (projected)
Operating Income3.2B3.4B4.3B4.5B
Total Revenue58.7B63.0B71.4B75.0B

Lao Feng fundamental ratios Correlations

0.230.810.98-0.29-0.330.90.22-0.14-0.110.890.970.790.820.210.530.490.980.88-0.86-0.81-0.860.920.12-0.870.64
0.230.60.090.00.05-0.020.30.20.33-0.060.330.280.560.360.320.090.090.1-0.09-0.02-0.10.210.080.03-0.09
0.810.60.72-0.17-0.170.590.380.09-0.080.650.860.710.990.30.720.560.710.77-0.66-0.58-0.660.810.12-0.660.46
0.980.090.72-0.33-0.380.940.16-0.21-0.110.90.930.760.720.180.470.461.00.88-0.87-0.82-0.870.910.13-0.880.63
-0.290.0-0.17-0.330.45-0.330.670.170.13-0.36-0.25-0.28-0.18-0.250.160.03-0.37-0.380.390.350.39-0.39-0.030.37-0.31
-0.330.05-0.17-0.380.45-0.250.520.3-0.13-0.46-0.38-0.27-0.21-0.040.240.09-0.43-0.50.630.670.63-0.520.210.51-0.5
0.9-0.020.590.94-0.33-0.250.21-0.09-0.10.830.770.60.590.310.50.380.930.75-0.72-0.7-0.720.750.19-0.720.51
0.220.30.380.160.670.520.210.40.21-0.050.2-0.010.350.120.780.340.110.030.030.060.02-0.010.090.1-0.14
-0.140.20.09-0.210.170.3-0.090.40.23-0.18-0.13-0.50.110.50.53-0.31-0.23-0.370.120.010.12-0.35-0.460.280.07
-0.110.33-0.08-0.110.13-0.13-0.10.210.23-0.37-0.11-0.4-0.090.360.06-0.4-0.1-0.23-0.050.01-0.05-0.2-0.270.34-0.11
0.89-0.060.650.9-0.36-0.460.83-0.05-0.18-0.370.860.760.690.140.330.420.910.86-0.85-0.85-0.850.880.04-0.950.78
0.970.330.860.93-0.25-0.380.770.2-0.13-0.110.860.810.870.160.510.470.930.87-0.89-0.84-0.890.940.01-0.90.69
0.790.280.710.76-0.28-0.270.6-0.01-0.5-0.40.760.810.7-0.180.180.670.770.83-0.62-0.51-0.620.890.42-0.780.44
0.820.560.990.72-0.18-0.210.590.350.11-0.090.690.870.70.30.70.550.730.79-0.71-0.64-0.710.820.05-0.70.56
0.210.360.30.18-0.25-0.040.310.120.50.360.140.16-0.180.30.35-0.430.190.01-0.22-0.28-0.220.04-0.38-0.040.18
0.530.320.720.470.160.240.50.780.530.060.330.510.180.70.350.420.430.39-0.34-0.32-0.340.35-0.03-0.270.21
0.490.090.560.460.030.090.380.34-0.31-0.40.420.470.670.55-0.430.420.440.64-0.24-0.1-0.240.570.71-0.40.12
0.980.090.711.0-0.37-0.430.930.11-0.23-0.10.910.930.770.730.190.430.440.9-0.89-0.83-0.890.920.11-0.890.65
0.880.10.770.88-0.38-0.50.750.03-0.37-0.230.860.870.830.790.010.390.640.9-0.84-0.74-0.830.980.22-0.890.6
-0.86-0.09-0.66-0.870.390.63-0.720.030.12-0.05-0.85-0.89-0.62-0.71-0.22-0.34-0.24-0.89-0.840.971.0-0.870.250.9-0.85
-0.81-0.02-0.58-0.820.350.67-0.70.060.010.01-0.85-0.84-0.51-0.64-0.28-0.32-0.1-0.83-0.740.970.97-0.790.360.88-0.87
-0.86-0.1-0.66-0.870.390.63-0.720.020.12-0.05-0.85-0.89-0.62-0.71-0.22-0.34-0.24-0.89-0.831.00.97-0.870.240.89-0.85
0.920.210.810.91-0.39-0.520.75-0.01-0.35-0.20.880.940.890.820.040.350.570.920.98-0.87-0.79-0.870.17-0.920.66
0.120.080.120.13-0.030.210.190.09-0.46-0.270.040.010.420.05-0.38-0.030.710.110.220.250.360.240.170.06-0.38
-0.870.03-0.66-0.880.370.51-0.720.10.280.34-0.95-0.9-0.78-0.7-0.04-0.27-0.4-0.89-0.890.90.880.89-0.920.06-0.78
0.64-0.090.460.63-0.31-0.50.51-0.140.07-0.110.780.690.440.560.180.210.120.650.6-0.85-0.87-0.850.66-0.38-0.78
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Lao Feng Account Relationship Matchups

Lao Feng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.2B19.6B22.3B26.0B24.3B25.6B
Other Current Liab648.2M1.4B1.3B4.4B43.3M41.1M
Total Current Liabilities7.7B9.2B10.1B13.5B10.1B5.3B
Total Stockholder Equity7.0B8.0B9.2B10.1B11.6B12.2B
Other Liab93.2M79.2M56.4M54.1M62.2M71.0M
Accounts Payable522.9M480.5M524.1M815.0M503.6M734.3M
Cash4.3B5.6B7.0B5.6B9.3B9.8B
Other Assets324.6M334.6M333.6M379.9M436.9M332.6M
Net Receivables407.7M150.1M177.3M442.2M315.3M363.6M
Short Term Investments231.9M294.9M352.9M231.1M294.7M309.4M
Inventory11.4B11.9B12.5B16.8B12.3B12.9B
Other Current Assets40.4M656.8M862.2M1.3B704.9M740.2M
Total Liab8.8B10.1B11.4B14.0B10.6B5.6B
Intangible Assets93.6M89.2M57.9M56.2M53.1M47.3M
Property Plant Equipment346.7M376.9M860.4M808.2M929.5M480.7M
Retained Earnings6.0B7.0B8.2B9.1B10.3B10.8B
Net Tangible Assets6.9B7.9B9.1B10.1B11.6B7.6B
Other Stockholder Equity(2.4M)1.9M5.7M796.0K716.4K680.6K
Deferred Long Term Liab42.4M45.6M50.0M63.5M57.1M49.8M
Total Current Assets16.4B18.8B21.0B24.7B23.0B18.9B
Non Current Assets Total775.9M811.6M1.3B1.3B1.3B1.2B
Non Current Liabilities Total1.1B979.2M1.3B560.3M516.2M803.4M
Short Long Term Debt7.1B6.3B7.7B6.9B5.6B6.5B
Net Invested Capital15.1B15.1B17.8B17.2B17.4B16.4B
Net Working Capital8.7B9.6B10.9B11.3B13.0B10.5B
Net Debt3.8B1.5B1.6B1.5B1.4B1.5B

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Other Information on Investing in Lao Stock

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