China Income Before Tax vs Selling General Administrative Analysis

600900 Stock   27.26  0.36  1.30%   
China Yangtze financial indicator trend analysis is way more than just evaluating China Yangtze Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Yangtze Power is a good investment. Please check the relationship between China Yangtze Income Before Tax and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yangtze Power. 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 Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Yangtze Power Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between China Yangtze's Income Before Tax and Selling General Administrative is 0.19. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of China Yangtze Power, assuming nothing else is changed. The correlation between historical values of China Yangtze's Income Before Tax and Selling General Administrative 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 Yangtze Power are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., China Yangtze's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

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

Selling General Administrative

Most indicators from China Yangtze's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Yangtze Power 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 Yangtze Power. 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.
At present, China Yangtze's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 5.4 B, whereas Selling General Administrative is forecasted to decline to about 389.1 M.
 2021 2022 2023 2024 (projected)
Operating Income31.8B27.1B41.2B43.3B
Total Revenue55.6B52.1B78.1B82.0B

China Yangtze fundamental ratios Correlations

0.030.940.690.840.570.930.630.40.180.970.640.590.820.730.74-0.25-0.780.81-0.620.660.50.71-0.720.68-0.67
0.03-0.140.39-0.320.25-0.29-0.10.03-0.06-0.070.430.720.31-0.04-0.28-0.19-0.02-0.10.380.19-0.65-0.11-0.28-0.410.08
0.94-0.140.490.810.360.930.510.370.070.970.490.420.610.60.67-0.02-0.630.7-0.570.490.670.58-0.530.74-0.49
0.690.390.490.570.90.470.570.460.350.540.930.820.880.70.62-0.29-0.780.8-0.520.86-0.10.78-0.840.45-0.75
0.84-0.320.810.570.560.850.70.430.250.790.430.240.670.720.95-0.22-0.780.82-0.90.560.640.83-0.570.73-0.74
0.570.250.360.90.560.360.520.240.50.380.760.610.860.770.7-0.3-0.860.8-0.650.87-0.140.85-0.810.33-0.83
0.93-0.290.930.470.850.360.590.340.120.960.420.290.620.670.72-0.19-0.690.78-0.640.530.730.65-0.560.8-0.61
0.63-0.10.510.570.70.520.590.360.010.540.480.340.530.550.68-0.12-0.640.67-0.620.520.340.6-0.560.42-0.68
0.40.030.370.460.430.240.340.360.270.360.490.430.230.040.320.05-0.110.27-0.370.040.260.33-0.050.44-0.28
0.18-0.060.070.350.250.50.120.010.270.080.240.110.40.330.43-0.04-0.40.37-0.490.32-0.210.6-0.30.11-0.63
0.97-0.070.970.540.790.380.960.540.360.080.510.50.680.620.65-0.19-0.650.72-0.530.530.610.59-0.590.73-0.53
0.640.430.490.930.430.760.420.480.490.240.510.850.780.550.43-0.11-0.630.67-0.310.76-0.150.61-0.770.39-0.58
0.590.720.420.820.240.610.290.340.430.110.50.850.70.340.21-0.22-0.420.43-0.070.56-0.260.36-0.620.19-0.35
0.820.310.610.880.670.860.620.530.230.40.680.780.70.840.72-0.42-0.90.83-0.60.870.00.81-0.910.38-0.8
0.73-0.040.60.70.720.770.670.550.040.330.620.550.340.840.79-0.24-0.950.89-0.740.890.220.82-0.860.49-0.82
0.74-0.280.670.620.950.70.720.680.320.430.650.430.210.720.79-0.22-0.860.85-0.970.660.460.92-0.640.63-0.85
-0.25-0.19-0.02-0.29-0.22-0.3-0.19-0.120.05-0.04-0.19-0.11-0.22-0.42-0.24-0.220.31-0.280.15-0.30.03-0.280.34-0.120.26
-0.78-0.02-0.63-0.78-0.78-0.86-0.69-0.64-0.11-0.4-0.65-0.63-0.42-0.9-0.95-0.860.31-0.940.78-0.91-0.2-0.920.9-0.510.91
0.81-0.10.70.80.820.80.780.670.270.370.720.670.430.830.890.85-0.28-0.94-0.780.90.330.93-0.850.75-0.9
-0.620.38-0.57-0.52-0.9-0.65-0.64-0.62-0.37-0.49-0.53-0.31-0.07-0.6-0.74-0.970.150.78-0.78-0.55-0.48-0.880.5-0.590.82
0.660.190.490.860.560.870.530.520.040.320.530.760.560.870.890.66-0.3-0.910.9-0.55-0.030.82-0.940.48-0.83
0.5-0.650.67-0.10.64-0.140.730.340.26-0.210.61-0.15-0.260.00.220.460.03-0.20.33-0.48-0.030.230.080.7-0.14
0.71-0.110.580.780.830.850.650.60.330.60.590.610.360.810.820.92-0.28-0.920.93-0.880.820.23-0.770.64-0.95
-0.72-0.28-0.53-0.84-0.57-0.81-0.56-0.56-0.05-0.3-0.59-0.77-0.62-0.91-0.86-0.640.340.9-0.850.5-0.940.08-0.77-0.40.77
0.68-0.410.740.450.730.330.80.420.440.110.730.390.190.380.490.63-0.12-0.510.75-0.590.480.70.64-0.4-0.51
-0.670.08-0.49-0.75-0.74-0.83-0.61-0.68-0.28-0.63-0.53-0.58-0.35-0.8-0.82-0.850.260.91-0.90.82-0.83-0.14-0.950.77-0.51
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China Yangtze Account Relationship Matchups

China Yangtze fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets296.5B330.8B328.6B327.3B571.9B600.5B
Other Current Liab24.6B18.3B14.5B12.3B1.7B1.6B
Total Current Liabilities56.0B78.5B53.4B52.5B143.9B151.1B
Total Stockholder Equity149.5B172.1B181.1B185.5B201.3B101.3B
Accounts Payable105.5M894.3M693.9M942.0M1.3B1.4B
Cash7.3B9.2B9.9B9.3B7.8B4.5B
Long Term Debt68.4B52.0B70.4B76.2B212.5B223.2B
Net Receivables3.5B3.7B3.8B15.2B8.5B8.9B
Inventory222.4M282.1M470.0M453.4M586.5M325.5M
Other Current Assets14.5M143.4M2.9B174.7M408.6M311.5M
Total Liab146.5B152.5B138.3B131.5B359.6B377.6B
Property Plant Equipment233.2B234.1B222.2B214.9B247.1B155.5B
Retained Earnings80.8B92.1B101.1B79.5B86.4B90.7B
Intangible Assets191.5M20.6B20.2B22.2B23.9B25.1B
Other Assets434.0M546.0M432.9M790.4M711.3M675.8M
Other Liab35.7B22.1B16.4B13.8B12.4B11.8B
Net Tangible Assets149.3B150.5B159.9B162.3B186.6B157.8B
Other Stockholder Equity3.2B2.9B859.1M318.9M287.0M272.7M
Short Long Term Debt21.3B24.1B12.3B26.8B54.0B56.7B
Total Current Assets11.0B14.7B17.9B15.3B17.7B13.9B
Non Current Assets Total285.4B316.2B310.6B312.0B554.2B363.5B
Non Currrent Assets Other1.2B1.2B1.7M244.6M426.9M725.6M
Non Current Liabilities Total90.5B74.0B84.9B79.1B215.8B117.2B
Non Current Liabilities Other68.4B16.2M18.4M50.6M56.7M53.9M
Net Debt82.4B66.8B72.8B93.7B258.7B271.7B
Net Invested Capital239.2B248.1B263.8B288.5B467.8B304.6B
Net Working Capital(44.9B)(63.8B)(35.5B)(37.2B)(126.2B)(119.9B)

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Yangtze Power at a specified time, usually calculated after every quarter, six months, or one year. China Yangtze Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Yangtze 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.