Longjian Gross Profit vs Income Before Tax Analysis

600853 Stock   3.72  0.03  0.81%   
Longjian Road financial indicator trend analysis is infinitely more than just investigating Longjian Road Bridge recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longjian Road Bridge is a good investment. Please check the relationship between Longjian Road Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longjian Road Bridge Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Longjian Road's Gross Profit and Income Before Tax is 0.89. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Longjian Road Bridge, assuming nothing else is changed. The correlation between historical values of Longjian Road's Gross Profit 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 Gross Profit of Longjian Road Bridge 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 Gross Profit i.e., Longjian Road's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Longjian Road Bridge minus its cost of goods sold. It is profit before Longjian Road operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Longjian Road income statement and is an important metric when analyzing Longjian Road Bridge 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 Longjian Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longjian Road Bridge 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. 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 7, 2025, Selling General Administrative is expected to decline to about 140.9 M. In addition to that, Tax Provision is expected to decline to about 68.3 M
 2022 2023 2024 2025 (projected)
Cost Of Revenue15.1B15.4B17.7B18.6B
Total Revenue17.0B17.4B20.0B21.0B

Longjian Road fundamental ratios Correlations

0.111.00.980.950.910.980.95-0.280.811.00.910.80.840.231.00.98-0.830.510.620.890.860.920.80.980.99
0.110.150.18-0.040.270.01-0.040.010.360.12-0.010.320.340.580.080.18-0.250.480.570.210.150.140.210.040.06
1.00.150.980.950.90.960.96-0.230.821.00.890.790.840.290.990.97-0.830.550.640.90.860.910.80.970.98
0.980.180.980.90.940.960.9-0.330.880.980.870.840.870.320.970.99-0.890.620.720.930.870.930.820.970.98
0.95-0.040.950.90.780.930.97-0.310.620.950.930.660.690.070.960.87-0.660.320.470.740.70.830.610.960.96
0.910.270.90.940.780.910.75-0.350.870.910.840.870.90.350.890.95-0.860.590.770.890.870.90.840.870.88
0.980.010.960.960.930.910.92-0.280.790.980.940.780.830.110.980.97-0.810.420.540.880.870.910.790.980.98
0.95-0.040.960.90.970.750.92-0.210.670.950.860.640.690.140.960.87-0.690.390.460.780.760.830.670.950.95
-0.280.01-0.23-0.33-0.31-0.35-0.28-0.21-0.12-0.25-0.41-0.39-0.280.09-0.33-0.290.110.06-0.42-0.07-0.02-0.320.01-0.4-0.37
0.810.360.820.880.620.870.790.67-0.120.820.590.840.850.430.780.9-0.930.820.780.940.90.830.910.750.78
1.00.121.00.980.950.910.980.95-0.250.820.910.80.840.240.990.98-0.830.520.630.90.870.920.810.980.98
0.91-0.010.890.870.930.840.940.86-0.410.590.910.690.73-0.030.930.88-0.640.170.410.70.680.810.580.940.93
0.80.320.790.840.660.870.780.64-0.390.840.80.690.970.330.780.86-0.870.60.810.820.860.950.860.770.79
0.840.340.840.870.690.90.830.69-0.280.850.840.730.970.410.810.88-0.890.610.780.860.910.960.910.790.81
0.230.580.290.320.070.350.110.140.090.430.24-0.030.330.410.170.25-0.460.770.670.440.380.30.450.120.15
1.00.080.990.970.960.890.980.96-0.330.780.990.930.780.810.170.97-0.80.450.590.860.820.910.751.01.0
0.980.180.970.990.870.950.970.87-0.290.90.980.880.860.880.250.97-0.90.580.680.940.90.930.850.960.97
-0.83-0.25-0.83-0.89-0.66-0.86-0.81-0.690.11-0.93-0.83-0.64-0.87-0.89-0.46-0.8-0.9-0.77-0.71-0.98-0.93-0.88-0.93-0.78-0.81
0.510.480.550.620.320.590.420.390.060.820.520.170.60.610.770.450.58-0.770.810.760.670.560.720.410.45
0.620.570.640.720.470.770.540.46-0.420.780.630.410.810.780.670.590.68-0.710.810.690.650.720.690.570.59
0.890.210.90.930.740.890.880.78-0.070.940.90.70.820.860.440.860.94-0.980.760.690.950.880.930.840.87
0.860.150.860.870.70.870.870.76-0.020.90.870.680.860.910.380.820.9-0.930.670.650.950.920.990.790.82
0.920.140.910.930.830.90.910.83-0.320.830.920.810.950.960.30.910.93-0.880.560.720.880.920.890.90.91
0.80.210.80.820.610.840.790.670.010.910.810.580.860.910.450.750.85-0.930.720.690.930.990.890.710.74
0.980.040.970.970.960.870.980.95-0.40.750.980.940.770.790.121.00.96-0.780.410.570.840.790.90.711.0
0.990.060.980.980.960.880.980.95-0.370.780.980.930.790.810.151.00.97-0.810.450.590.870.820.910.741.0
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Longjian Road Account Relationship Matchups

Longjian Road fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets23.4B26.6B32.5B36.5B42.0B44.1B
Other Current Liab3.7B3.3B1.1B1.6B1.8B1.7B
Total Current Liabilities16.0B15.6B18.6B22.0B25.4B26.6B
Total Stockholder Equity2.4B2.3B2.6B2.7B3.1B3.3B
Accounts Payable4.4B4.5B8.9B11.3B13.0B13.6B
Cash4.8B5.4B6.4B4.2B4.9B5.1B
Long Term Debt3.4B6.9B8.9B8.6B9.9B10.4B
Net Receivables4.3B4.0B5.9B9.4B10.8B11.3B
Inventory1.5B1.8B1.3B1.4B1.6B2.3B
Other Current Assets1.6B1.6B1.2B1.2B1.3B1.4B
Total Liab20.1B22.6B28.0B30.7B35.3B37.0B
Intangible Assets461.9M1.6B2.2B1.9B2.2B2.3B
Common Stock644.2M837.4M1.0B1.0B1.2B661.6M
Property Plant Equipment561.0M616.5M873.1M914.7M1.1B551.7M
Other Liab448.7M110.7M688.1M168.1M193.3M201.6M
Retained Earnings756.3M1.0B1.2B1.5B1.8B1.9B
Other Assets3.0B5.1B5.5B7.7B8.9B9.3B
Net Tangible Assets1.1B1.4B2.0B768.3M883.6M1.0B
Other Stockholder Equity5.0M106.8M528.2M191.1M219.8M130.0M
Short Long Term Debt2.5B2.8B3.0B3.1B3.5B2.4B
Total Current Assets16.1B15.9B18.9B20.5B23.5B14.8B
Non Current Assets Total7.4B10.8B13.5B16.1B18.5B19.4B
Non Currrent Assets Other5.0B7.5B9.2B11.6B13.3B14.0B
Non Current Liabilities Total4.1B7.0B9.4B8.6B9.9B5.7B
Deferred Long Term Liab2.7M4.7M5.4M50.1M57.6M60.4M
Non Current Liabilities Other2.4B3.8B655.0M161.7M145.5M138.3M
Net Debt1.1B4.3B5.5B7.4B8.5B4.4B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.2B1.1B
Net Invested Capital8.3B12.0B14.5B14.4B16.6B10.9B
Net Working Capital52.0M313.1M347.4M(1.6B)(1.4B)(1.4B)
Property Plant And Equipment Net867.6M910.2M910.2M939.0M1.1B933.6M
Property Plant And Equipment Gross1.2B1.2B1.3B1.5B1.7B1.3B

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Other Information on Investing in Longjian Stock

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