Datang Ebitda vs Income Before Tax Analysis

600744 Stock   3.12  0.04  1.30%   
Datang HuaYin financial indicator trend analysis is much more than just examining Datang HuaYin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datang HuaYin Electric is a good investment. Please check the relationship between Datang HuaYin Ebitda and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang HuaYin Electric. 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.

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Ebitda account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Datang HuaYin's Ebitda and Income Before Tax is 0.5. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Datang HuaYin Electric, assuming nothing else is changed. The correlation between historical values of Datang HuaYin's Ebitda and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Datang HuaYin Electric are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebitda i.e., Datang HuaYin's Ebitda and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Ebitda

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Datang HuaYin income statement and is an important metric when analyzing Datang HuaYin Electric 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.
Most indicators from Datang HuaYin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datang HuaYin Electric 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 Datang HuaYin Electric. 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 February 17, 2025, Selling General Administrative is expected to decline to about 15.3 M. In addition to that, Tax Provision is expected to decline to about 39.7 M

Datang HuaYin fundamental ratios Correlations

0.00.82-0.070.08-0.790.590.360.770.660.25-0.120.330.430.980.60.750.880.37-0.540.580.670.50.370.510.5
0.00.170.40.510.2-0.320.050.33-0.480.530.460.48-0.15-0.050.480.240.25-0.480.46-0.01-0.050.06-0.06-0.16-0.67
0.820.17-0.240.04-0.810.610.510.730.330.28-0.010.350.420.850.40.710.690.22-0.60.740.760.820.620.690.2
-0.070.4-0.240.260.4-0.64-0.220.34-0.240.060.140.06-0.5-0.240.380.380.13-0.190.49-0.270.01-0.25-0.49-0.26-0.26
0.080.510.040.260.07-0.070.140.17-0.12-0.050.110.080.20.030.110.080.29-0.140.310.160.0-0.06-0.160.01-0.33
-0.790.2-0.810.40.07-0.57-0.57-0.62-0.7-0.020.36-0.16-0.51-0.84-0.26-0.6-0.59-0.390.89-0.74-0.76-0.72-0.69-0.8-0.37
0.59-0.320.61-0.64-0.07-0.570.130.230.460.19-0.050.320.570.690.080.050.530.23-0.410.270.230.320.30.270.39
0.360.050.51-0.220.14-0.570.130.280.12-0.33-0.02-0.260.090.40.080.440.190.05-0.570.770.490.540.780.66-0.03
0.770.330.730.340.17-0.620.230.280.440.43-0.170.480.150.690.660.840.830.22-0.320.410.690.550.270.50.04
0.66-0.480.33-0.24-0.12-0.70.460.120.440.07-0.680.090.390.660.220.290.510.69-0.640.310.460.220.260.470.68
0.250.530.280.06-0.05-0.020.19-0.330.430.070.110.68-0.050.240.510.060.41-0.080.27-0.22-0.080.06-0.13-0.15-0.16
-0.120.46-0.010.140.110.36-0.05-0.02-0.17-0.680.110.11-0.14-0.10.17-0.020.0-0.850.51-0.22-0.36-0.27-0.3-0.53-0.45
0.330.480.350.060.08-0.160.32-0.260.480.090.680.110.10.310.680.210.6-0.130.12-0.220.00.03-0.01-0.17-0.26
0.43-0.150.42-0.50.2-0.510.570.090.150.39-0.05-0.140.10.51-0.190.130.340.28-0.420.340.290.30.330.290.33
0.98-0.050.85-0.240.03-0.840.690.40.690.660.24-0.10.310.510.520.670.830.36-0.610.620.650.540.450.540.51
0.60.480.40.380.11-0.260.080.080.660.220.510.170.68-0.190.520.590.75-0.060.010.060.20.06-0.01-0.02-0.04
0.750.240.710.380.08-0.60.050.440.840.290.06-0.020.210.130.670.590.670.19-0.450.590.810.590.340.550.15
0.880.250.690.130.29-0.590.530.190.830.510.410.00.60.340.830.750.670.15-0.230.280.460.280.150.250.16
0.37-0.480.22-0.19-0.14-0.390.230.050.220.69-0.08-0.85-0.130.280.36-0.060.190.15-0.530.360.490.350.320.530.73
-0.540.46-0.60.490.310.89-0.41-0.57-0.32-0.640.270.510.12-0.42-0.610.01-0.45-0.23-0.53-0.75-0.71-0.7-0.77-0.83-0.51
0.58-0.010.74-0.270.16-0.740.270.770.410.31-0.22-0.22-0.220.340.620.060.590.280.36-0.750.780.840.730.90.32
0.67-0.050.760.010.0-0.760.230.490.690.46-0.08-0.360.00.290.650.20.810.460.49-0.710.780.810.530.840.32
0.50.060.82-0.25-0.06-0.720.320.540.550.220.06-0.270.030.30.540.060.590.280.35-0.70.840.810.720.90.16
0.37-0.060.62-0.49-0.16-0.690.30.780.270.26-0.13-0.3-0.010.330.45-0.010.340.150.32-0.770.730.530.720.750.13
0.51-0.160.69-0.260.01-0.80.270.660.50.47-0.15-0.53-0.170.290.54-0.020.550.250.53-0.830.90.840.90.750.32
0.5-0.670.2-0.26-0.33-0.370.39-0.030.040.68-0.16-0.45-0.260.330.51-0.040.150.160.73-0.510.320.320.160.130.32
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Datang HuaYin Account Relationship Matchups

Datang HuaYin fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets18.1B19.8B21.5B24.1B27.7B15.7B
Other Current Liab2.6B1.9B507.4M190.7M219.3M208.3M
Total Current Liabilities8.2B11.6B9.3B9.6B11.0B5.7B
Total Stockholder Equity3.0B532.9M1.4B1.7B1.5B1.9B
Other Liab402.7M433.1M1.7B267.2M307.2M424.2M
Retained Earnings(3.6B)(5.9B)(5.9B)(6.1B)(5.5B)(5.2B)
Accounts Payable734.0M1.8B1.7B1.8B2.1B1.2B
Cash1.4B1.0B2.0B730.6M840.2M713.9M
Other Assets401.2M475.6M345.7M341.9M393.2M354.6M
Long Term Debt5.2B6.1B9.7B12.2B14.1B14.8B
Net Receivables1.8B2.4B1.3B1.8B2.1B1.9B
Inventory565.1M1.1B542.3M578.6M665.4M715.8M
Other Current Assets356.9M612.8M291.0M556.7M640.2M351.5M
Total Liab15.1B19.2B20.0B22.2B25.6B12.9B
Intangible Assets817.8M973.8M822.3M757.2M870.8M617.1M
Property Plant Equipment11.8B11.8B11.1B11.8B13.6B9.6B
Net Tangible Assets2.2B2.3B2.2B(432.4M)(389.2M)(369.7M)
Deferred Long Term Liab29.1M74.0M123.4M100.0M115.0M59.0M
Short Long Term Debt3.7B5.3B3.3B3.8B4.4B3.6B
Total Current Assets4.6B5.9B5.9B4.5B5.2B5.1B
Non Current Assets Total13.4B14.0B15.5B19.6B22.5B16.6B
Non Currrent Assets Other211.9M234.0M775.8M2.5B2.9B3.0B
Non Current Liabilities Total6.9B7.6B10.7B12.6B14.5B9.4B
Non Current Liabilities Other14.6M33.6M24.7M6.5M5.8M5.5M
Net Debt7.5B10.4B11.0B15.3B17.6B10.8B
Net Invested Capital11.9B12.0B14.4B17.8B20.4B14.3B
Net Working Capital(3.6B)(5.7B)(3.3B)(5.1B)(4.6B)(4.8B)
Property Plant And Equipment Net11.1B11.8B12.9B15.3B17.6B13.9B
Property Plant And Equipment Gross27.8B28.2B30.4B34.5B39.7B32.9B

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Other Information on Investing in Datang Stock

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