China Income Before Tax vs Ebitda Analysis

600675 Stock

2.90 0.05 1.75%

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

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Enterprise Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Enterprise's Income Before Tax and Ebitda is 0.9. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of China Enterprise Co, assuming nothing else is changed. The correlation between historical values of China Enterprise's Income Before Tax and Ebitda 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 China Enterprise Co are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., China Enterprise's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

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

Ebitda

Most indicators from China Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Enterprise 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 China Enterprise Co. 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 December 28, 2024, Tax Provision is expected to decline to about 570.2 M. In addition to that, Selling General Administrative is expected to decline to about 320.8 M

	2021	2023	2024 (projected)
Income Tax Expense	871.1M	1.0B	1.1B
Income Before Tax	2.1B	1.0B	1.3B

Income Tax Expense Income Before Tax

China Enterprise fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.77	-0.36	0.79	0.3	0.74	0.68	0.8	0.63	0.98	0.35	0.75	0.49	-0.01	-0.11	-0.37	0.33	0.74	0.12	0.51	-0.77	0.3	0.39	0.7	0.42	0.65
Total Stockholder Equity	0.77		-0.63	0.87	-0.08	0.87	0.89	0.78	0.18	0.65	0.05	0.97	0.69	-0.41	-0.06	-0.38	0.38	0.79	0.06	0.74	-0.9	0.25	0.46	0.92	0.54	0.74
Other Liab	-0.36	-0.63		-0.55	0.14	-0.6	-0.59	-0.37	0.0	-0.24	0.33	-0.62	-0.4	0.26	0.33	-0.1	-0.56	-0.44	-0.29	-0.77	0.55	0.0	-0.64	-0.61	-0.36	-0.46
Retained Earnings	0.79	0.87	-0.55		-0.06	0.63	0.67	0.66	0.31	0.67	0.25	0.76	0.5	-0.04	0.19	-0.07	0.31	0.59	0.11	0.75	-0.69	0.02	0.42	0.79	0.61	0.62
Accounts Payable	0.3	-0.08	0.14	-0.06		0.2	-0.04	0.05	0.6	0.41	0.54	-0.02	-0.25	0.15	-0.17	0.08	0.21	0.26	0.52	-0.06	-0.15	0.66	0.01	-0.12	-0.07	-0.31
Cash	0.74	0.87	-0.6	0.63	0.2		0.93	0.74	0.3	0.68	-0.01	0.93	0.7	-0.53	-0.4	-0.46	0.61	0.89	0.26	0.66	-0.93	0.51	0.61	0.79	0.32	0.67
Other Assets	0.68	0.89	-0.59	0.67	-0.04	0.93		0.83	0.23	0.6	-0.03	0.95	0.89	-0.63	-0.31	-0.56	0.46	0.84	-0.03	0.68	-0.86	0.29	0.58	0.84	0.38	0.81
Long Term Debt	0.8	0.78	-0.37	0.66	0.05	0.74	0.83		0.47	0.79	0.27	0.81	0.79	-0.36	-0.09	-0.61	0.15	0.68	-0.22	0.42	-0.71	0.18	0.33	0.76	0.44	0.88
Inventory	0.63	0.18	0.0	0.31	0.6	0.3	0.23	0.47		0.73	0.66	0.19	0.2	0.08	-0.02	-0.08	0.39	0.26	0.18	0.24	-0.19	0.19	0.43	-0.01	-0.17	0.14
Total Liab	0.98	0.65	-0.24	0.67	0.41	0.68	0.6	0.79	0.73		0.43	0.65	0.44	0.01	-0.15	-0.4	0.31	0.68	0.12	0.38	-0.69	0.33	0.35	0.57	0.31	0.59
Intangible Assets	0.35	0.05	0.33	0.25	0.54	-0.01	-0.03	0.27	0.66	0.43		-0.02	0.02	0.1	0.39	0.11	-0.04	-0.09	0.06	-0.08	0.09	0.0	-0.07	-0.09	-0.01	-0.12
Common Stock	0.75	0.97	-0.62	0.76	-0.02	0.93	0.95	0.81	0.19	0.65	-0.02		0.76	-0.53	-0.19	-0.52	0.4	0.87	0.02	0.72	-0.93	0.37	0.48	0.89	0.45	0.76
Property Plant Equipment	0.49	0.69	-0.4	0.5	-0.25	0.7	0.89	0.79	0.2	0.44	0.02	0.76		-0.71	-0.29	-0.65	0.27	0.56	-0.36	0.49	-0.56	-0.05	0.46	0.64	0.21	0.8
Good Will	-0.01	-0.41	0.26	-0.04	0.15	-0.53	-0.63	-0.36	0.08	0.01	0.1	-0.53	-0.71		0.25	0.47	-0.3	-0.33	0.18	-0.28	0.32	-0.13	-0.32	-0.28	0.21	-0.29
Short Term Investments	-0.11	-0.06	0.33	0.19	-0.17	-0.4	-0.31	-0.09	-0.02	-0.15	0.39	-0.19	-0.29	0.25		0.35	-0.4	-0.34	-0.09	-0.12	0.28	-0.2	-0.32	-0.12	0.1	-0.16
Other Current Liab	-0.37	-0.38	-0.1	-0.07	0.08	-0.46	-0.56	-0.61	-0.08	-0.4	0.11	-0.52	-0.65	0.47	0.35		0.19	-0.59	0.6	-0.02	0.49	-0.29	0.08	-0.39	-0.07	-0.6
Total Current Liabilities	0.33	0.38	-0.56	0.31	0.21	0.61	0.46	0.15	0.39	0.31	-0.04	0.4	0.27	-0.3	-0.4	0.19		0.35	0.65	0.61	-0.4	0.21	0.93	0.18	-0.24	0.11
Net Tangible Assets	0.74	0.79	-0.44	0.59	0.26	0.89	0.84	0.68	0.26	0.68	-0.09	0.87	0.56	-0.33	-0.34	-0.59	0.35		0.12	0.61	-0.96	0.67	0.37	0.78	0.44	0.63
Net Receivables	0.12	0.06	-0.29	0.11	0.52	0.26	-0.03	-0.22	0.18	0.12	0.06	0.02	-0.36	0.18	-0.09	0.6	0.65	0.12		0.2	-0.19	0.43	0.42	0.03	0.01	-0.3
Other Current Assets	0.51	0.74	-0.77	0.75	-0.06	0.66	0.68	0.42	0.24	0.38	-0.08	0.72	0.49	-0.28	-0.12	-0.02	0.61	0.61	0.2		-0.65	0.11	0.71	0.58	0.27	0.4
Other Stockholder Equity	-0.77	-0.9	0.55	-0.69	-0.15	-0.93	-0.86	-0.71	-0.19	-0.69	0.09	-0.93	-0.56	0.32	0.28	0.49	-0.4	-0.96	-0.19	-0.65		-0.59	-0.41	-0.88	-0.53	-0.68
Deferred Long Term Liab	0.3	0.25	0.0	0.02	0.66	0.51	0.29	0.18	0.19	0.33	0.0	0.37	-0.05	-0.13	-0.2	-0.29	0.21	0.67	0.43	0.11	-0.59		0.04	0.26	0.12	0.01
Total Current Assets	0.39	0.46	-0.64	0.42	0.01	0.61	0.58	0.33	0.43	0.35	-0.07	0.48	0.46	-0.32	-0.32	0.08	0.93	0.37	0.42	0.71	-0.41	0.04		0.27	-0.17	0.35
Non Current Assets Total	0.7	0.92	-0.61	0.79	-0.12	0.79	0.84	0.76	-0.01	0.57	-0.09	0.89	0.64	-0.28	-0.12	-0.39	0.18	0.78	0.03	0.58	-0.88	0.26	0.27		0.78	0.81
Non Currrent Assets Other	0.42	0.54	-0.36	0.61	-0.07	0.32	0.38	0.44	-0.17	0.31	-0.01	0.45	0.21	0.21	0.1	-0.07	-0.24	0.44	0.01	0.27	-0.53	0.12	-0.17	0.78		0.51
Non Current Liabilities Total	0.65	0.74	-0.46	0.62	-0.31	0.67	0.81	0.88	0.14	0.59	-0.12	0.76	0.8	-0.29	-0.16	-0.6	0.11	0.63	-0.3	0.4	-0.68	0.01	0.35	0.81	0.51

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China Enterprise Account Relationship Matchups

China Enterprise fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.9B	49.3B	54.2B	66.7B	60.2B	30.3B
Total Stockholder Equity	15.2B	15.7B	15.5B	14.4B	14.8B	15.6B
Other Liab	1.4B	197.3M	368.2M	807.6M	928.8M	882.3M
Retained Earnings	6.8B	7.4B	7.4B	6.1B	6.6B	3.3B
Accounts Payable	2.7B	2.2B	1.9B	1.8B	2.4B	1.7B
Cash	13.7B	11.6B	14.3B	17.3B	18.5B	19.4B
Other Assets	11.0B	12.7B	12.4B	19.4B	22.3B	23.4B
Long Term Debt	15.2B	10.7B	19.4B	20.2B	15.7B	16.4B
Inventory	22.7B	20.4B	16.8B	34.9B	27.0B	17.0B
Total Liab	37.0B	31.9B	37.2B	49.6B	43.1B	22.3B
Intangible Assets	73.6M	70.8M	71.6M	65.0M	68.0M	65.7M
Property Plant Equipment	189.5M	221.6M	300.5M	543.7M	625.3M	656.5M
Short Term Investments	167.9M	90.7M	70.5M	41.7M	44.7M	60.9M
Other Current Liab	13.5B	8.4B	5.6B	1.1B	849.8M	807.3M
Total Current Liabilities	21.7B	20.9B	16.9B	29.0B	27.0B	26.1B
Net Tangible Assets	13.7B	15.1B	15.7B	15.5B	17.8B	14.0B
Net Receivables	1.8B	107.1M	160.3M	256.9M	242.7M	230.5M
Other Current Assets	711.5M	1.5B	391.5M	857.0M	1.1B	636.7M
Deferred Long Term Liab	14.9M	16.1M	11.1M	7.7M	8.9M	12.5M
Total Current Assets	39.0B	36.0B	32.8B	54.4B	47.1B	44.5B
Non Current Assets Total	14.8B	13.4B	21.4B	12.3B	13.1B	13.3B
Non Currrent Assets Other	4.0B	4.2B	10.2B	503.0M	12.0M	11.4M
Non Current Liabilities Total	15.3B	11.0B	20.2B	20.6B	16.1B	15.1B
Non Current Liabilities Other	1.3B	6M	260.0M	16.8M	17.5M	16.6M
Net Invested Capital	30.3B	26.4B	34.9B	34.6B	30.5B	29.5B
Net Working Capital	17.3B	15.1B	15.9B	25.4B	20.1B	18.0B

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Other Information on Investing in China Stock

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

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China Income Before Tax vs Ebitda Analysis

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebitda

China Enterprise fundamental ratios Correlations

China Enterprise Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Enterprise fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Liab	+ 0.98	Total Assets
Common Stock	+ 0.97	Total Stockholder Equity
Common Stock	+ 0.95	Other Assets
Other Assets	+ 0.93	Cash
Common Stock	+ 0.93	Cash
Total Current Assets	+ 0.93	Total Current Liabilities

Other Stockholder Equity	- 0.96	Net Tangible Assets
Other Stockholder Equity	- 0.93	Common Stock
Other Stockholder Equity	- 0.93	Cash
Other Stockholder Equity	- 0.9	Total Stockholder Equity
Non Current Assets Total	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Other Assets