Tianjin Income Tax Expense vs Cost Of Revenue Analysis

600874 Stock   6.07  0.04  0.66%   
Tianjin Capital financial indicator trend analysis is much more than just breaking down Tianjin Capital Envi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Capital Envi is a good investment. Please check the relationship between Tianjin Capital Income Tax Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Capital Environmental. 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 Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Capital Envi Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianjin Capital's Income Tax Expense and Cost Of Revenue is -0.06. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tianjin Capital Environmental, assuming nothing else is changed. The correlation between historical values of Tianjin Capital's Income Tax Expense and Cost Of Revenue 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 Tax Expense of Tianjin Capital Environmental are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., Tianjin Capital's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Tianjin Capital Envi income statement and represents the costs associated with goods and services Tianjin Capital provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Tianjin Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Capital Envi 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 Tianjin Capital Environmental. 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 74.3 M, whereas Tax Provision is forecasted to decline to about 174.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.8B1.2B
Total Revenue4.5B4.5B4.7B3.5B

Tianjin Capital fundamental ratios Correlations

-0.550.840.980.82-0.381.00.890.890.840.980.930.04-0.231.00.92-0.860.94-0.810.890.680.960.990.570.99-0.98
-0.55-0.39-0.65-0.37-0.31-0.55-0.74-0.64-0.74-0.54-0.55-0.5-0.3-0.51-0.520.45-0.630.32-0.32-0.79-0.5-0.53-0.25-0.540.64
0.84-0.390.830.73-0.330.80.780.750.70.760.790.07-0.280.840.76-0.60.78-0.520.780.70.830.840.610.79-0.81
0.98-0.650.830.79-0.230.980.920.920.880.960.940.18-0.080.970.87-0.840.96-0.770.820.780.960.970.580.96-0.97
0.82-0.370.730.79-0.480.830.690.730.60.720.89-0.37-0.090.830.78-0.90.83-0.90.840.470.650.80.620.75-0.82
-0.38-0.31-0.33-0.23-0.48-0.38-0.06-0.130.09-0.36-0.290.760.69-0.42-0.560.45-0.180.51-0.730.25-0.27-0.410.1-0.380.39
1.0-0.550.80.980.83-0.380.880.90.850.980.920.01-0.220.990.91-0.890.94-0.830.880.640.940.990.590.99-0.97
0.89-0.740.780.920.69-0.060.880.820.970.870.850.26-0.130.880.84-0.770.87-0.650.720.810.860.90.570.89-0.89
0.89-0.640.750.920.73-0.130.90.820.80.870.870.170.020.880.75-0.720.96-0.660.690.670.840.850.620.88-0.89
0.84-0.740.70.880.60.090.850.970.80.840.770.38-0.060.830.73-0.690.83-0.560.60.790.840.850.640.85-0.82
0.98-0.540.760.960.72-0.360.980.870.870.840.880.11-0.270.980.9-0.820.9-0.770.850.640.970.980.491.0-0.95
0.93-0.550.790.940.89-0.290.920.850.870.770.880.01-0.010.920.83-0.890.97-0.860.820.730.860.90.540.89-0.93
0.04-0.50.070.18-0.370.760.010.260.170.380.110.010.430.0-0.150.240.120.35-0.340.590.250.020.070.06-0.02
-0.23-0.3-0.28-0.08-0.090.69-0.22-0.130.02-0.06-0.27-0.010.43-0.28-0.460.090.030.07-0.480.27-0.24-0.310.11-0.310.22
1.0-0.510.840.970.83-0.420.990.880.880.830.980.920.0-0.280.92-0.860.93-0.810.90.640.951.00.570.99-0.97
0.92-0.520.760.870.78-0.560.910.840.750.730.90.83-0.15-0.460.92-0.820.8-0.760.960.540.830.940.30.93-0.96
-0.860.45-0.6-0.84-0.90.45-0.89-0.77-0.72-0.69-0.82-0.890.240.09-0.86-0.82-0.830.98-0.86-0.49-0.73-0.86-0.5-0.830.86
0.94-0.630.780.960.83-0.180.940.870.960.830.90.970.120.030.930.8-0.83-0.790.760.740.880.90.620.91-0.93
-0.810.32-0.52-0.77-0.90.51-0.83-0.65-0.66-0.56-0.77-0.860.350.07-0.81-0.760.98-0.79-0.82-0.38-0.67-0.79-0.45-0.770.79
0.89-0.320.780.820.84-0.730.880.720.690.60.850.82-0.34-0.480.90.96-0.860.76-0.820.420.790.910.330.88-0.91
0.68-0.790.70.780.470.250.640.810.670.790.640.730.590.270.640.54-0.490.74-0.380.420.720.660.410.63-0.69
0.96-0.50.830.960.65-0.270.940.860.840.840.970.860.25-0.240.950.83-0.730.88-0.670.790.720.960.520.96-0.91
0.99-0.530.840.970.8-0.410.990.90.850.850.980.90.02-0.311.00.94-0.860.9-0.790.910.660.960.540.99-0.97
0.57-0.250.610.580.620.10.590.570.620.640.490.540.070.110.570.3-0.50.62-0.450.330.410.520.540.51-0.45
0.99-0.540.790.960.75-0.380.990.890.880.851.00.890.06-0.310.990.93-0.830.91-0.770.880.630.960.990.51-0.97
-0.980.64-0.81-0.97-0.820.39-0.97-0.89-0.89-0.82-0.95-0.93-0.020.22-0.97-0.960.86-0.930.79-0.91-0.69-0.91-0.97-0.45-0.97
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Tianjin Capital Account Relationship Matchups

Tianjin Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.0B18.8B21.1B23.0B24.5B18.8B
Other Current Liab2.1B1.5B1.5B490K1.5M1.4M
Total Current Liabilities3.5B3.5B3.2B3.3B4.3B3.4B
Total Stockholder Equity6.2B6.6B7.1B8.5B9.1B7.0B
Other Liab2.3B2.2B2.1B2.1B2.4B2.2B
Net Tangible Assets(5.6B)(5.4B)(3.6B)(2.0B)(1.8B)(1.9B)
Retained Earnings4.3B4.7B5.3B5.8B5.7B4.7B
Accounts Payable231.3M295.0M429.5M511.2M668.9M702.3M
Cash2.1B1.7B2.1B3.3B2.6B2.2B
Other Assets436.6M2.0B4.3B4.9B5.6B5.9B
Long Term Debt4.8B5.3B7.4B8.0B7.9B5.1B
Net Receivables2.6B2.0B2.3B2.7B3.3B2.5B
Inventory14.8M17.5M21.8M31.1M35.7M25.0M
Other Current Assets111.1M108.4M71.7M261.7M257.2M159.4M
Total Liab10.8B11.2B13.0B13.5B14.2B11.0B
Total Current Assets4.8B3.8B4.8B6.3B6.2B5.0B
Intangible Assets11.8B12.0B10.3B10.1B10.9B10.4B
Property Plant Equipment801.0M819.4M1.0B1.1B1.2B753.3M
Non Current Assets Total13.2B15.0B16.2B16.6B18.2B14.6B
Non Currrent Assets Other195.9M331.0M450.9M420.9M413.6M372.3M
Non Current Liabilities Total7.3B7.7B9.8B10.1B9.9B8.1B
Non Current Liabilities Other47.7M47.7M47.2M30M28M39.8M
Net Debt2.9B3.7B5.5B4.7B5.3B3.8B
Net Invested Capital11.2B11.9B14.7B16.5B17.0B13.8B
Net Working Capital1.2B278.6M1.6B3.0B1.9B1.7B

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Other Information on Investing in Tianjin Stock

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