Bank Income Tax Expense vs Operating Income Analysis

600919 Stock   11.15  0.16  1.41%   
Bank of Jiangsu financial indicator trend analysis is way more than just evaluating Bank of Jiangsu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Jiangsu is a good investment. Please check the relationship between Bank of Jiangsu Income Tax Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Jiangsu. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Income Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Jiangsu Income Tax Expense account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Bank of Jiangsu's Income Tax Expense and Operating Income is 0.09. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Bank of Jiangsu, assuming nothing else is changed. The correlation between historical values of Bank of Jiangsu's Income Tax Expense and Operating Income 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 Bank of Jiangsu are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Bank of Jiangsu's Income Tax Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Operating Income

Operating Income is the amount of profit realized from Bank of Jiangsu operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bank of Jiangsu is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Bank of Jiangsu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Jiangsu 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 Bank of Jiangsu. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
The current year's Selling General Administrative is expected to grow to about 11.8 B, whereas Tax Provision is forecasted to decline to about 4.5 B.
 2024 2025 (projected)
Operating Income18.0B15.7B
Total Revenue80.7B84.8B

Bank of Jiangsu fundamental ratios Correlations

0.99-0.380.310.98-0.441.0-0.010.790.950.660.890.930.890.870.890.540.80.830.880.380.890.80.780.80.88
0.99-0.30.320.97-0.430.99-0.050.770.940.620.850.950.90.890.90.570.810.850.910.420.910.780.80.780.9
-0.38-0.3-0.05-0.410.06-0.38-0.38-0.42-0.31-0.48-0.65-0.11-0.22-0.18-0.21-0.180.0-0.41-0.040.33-0.16-0.46-0.05-0.46-0.15
0.310.32-0.050.36-0.280.310.020.440.430.510.340.290.40.440.470.2-0.040.190.430.30.320.40.450.40.35
0.980.97-0.410.36-0.520.98-0.10.780.930.740.910.910.920.910.910.60.750.840.890.350.90.850.810.850.9
-0.44-0.430.06-0.28-0.52-0.440.48-0.41-0.33-0.57-0.55-0.36-0.56-0.55-0.55-0.44-0.2-0.48-0.4-0.03-0.51-0.66-0.48-0.66-0.49
1.00.99-0.380.310.98-0.440.00.790.960.670.890.930.890.870.890.540.80.830.880.380.890.80.770.80.88
-0.01-0.05-0.380.02-0.10.480.00.310.010.140.05-0.17-0.15-0.15-0.15-0.06-0.17-0.09-0.16-0.16-0.16-0.08-0.15-0.08-0.15
0.790.77-0.420.440.78-0.410.790.310.740.810.770.670.850.860.860.580.480.670.730.380.810.810.80.810.79
0.950.94-0.310.430.93-0.330.960.010.740.610.810.940.860.840.870.360.820.70.860.530.850.690.740.690.84
0.660.62-0.480.510.74-0.570.670.140.810.610.810.520.730.750.720.610.260.60.60.040.610.850.680.850.66
0.890.85-0.650.340.91-0.550.890.050.770.810.810.690.780.760.780.580.490.850.670.030.730.90.630.90.73
0.930.95-0.110.290.91-0.360.93-0.170.670.940.520.690.890.870.890.420.930.690.920.610.90.650.80.650.88
0.890.9-0.220.40.92-0.560.89-0.150.850.860.730.780.890.990.990.580.730.770.880.520.980.870.920.870.95
0.870.89-0.180.440.91-0.550.87-0.150.860.840.750.760.870.990.990.640.690.750.910.530.970.860.950.860.94
0.890.9-0.210.470.91-0.550.89-0.150.860.870.720.780.890.990.990.570.710.760.890.560.970.850.930.850.95
0.540.57-0.180.20.6-0.440.54-0.060.580.360.610.580.420.580.640.570.210.630.65-0.040.580.660.730.660.59
0.80.810.0-0.040.75-0.20.8-0.170.480.820.260.490.930.730.690.710.210.530.760.640.780.420.620.420.74
0.830.85-0.410.190.84-0.480.83-0.090.670.70.60.850.690.770.750.760.630.530.70.070.750.840.620.840.82
0.880.91-0.040.430.89-0.40.88-0.160.730.860.60.670.920.880.910.890.650.760.70.570.890.670.890.670.88
0.380.420.330.30.35-0.030.38-0.160.380.530.040.030.610.520.530.56-0.040.640.070.570.590.070.570.070.53
0.890.91-0.160.320.9-0.510.89-0.160.810.850.610.730.90.980.970.970.580.780.750.890.590.80.930.80.96
0.80.78-0.460.40.85-0.660.8-0.080.810.690.850.90.650.870.860.850.660.420.840.670.070.80.761.00.81
0.780.8-0.050.450.81-0.480.77-0.150.80.740.680.630.80.920.950.930.730.620.620.890.570.930.760.760.9
0.80.78-0.460.40.85-0.660.8-0.080.810.690.850.90.650.870.860.850.660.420.840.670.070.81.00.760.81
0.880.9-0.150.350.9-0.490.88-0.150.790.840.660.730.880.950.940.950.590.740.820.880.530.960.810.90.81
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Bank of Jiangsu Account Relationship Matchups

Bank of Jiangsu fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3T2.6T3.0T3.4T4.0T4.1T
Total Stockholder Equity178.0B192.2B208.6B250.4B303.6B318.8B
Other Liab6.9B8.2B10.3B11.9B10.7B10.4B
Cash237.3B1.9T256.4B288.5B326.2B248.6B
Other Assets1.2T1.4T1.7T1.9T2.2T2.3T
Total Liab2.2T2.4T2.8T3.1T3.6T3.8T
Intangible Assets599.2M589.5M580.5M534.5M528.7M572.6M
Property Plant Equipment5.5B5.3B5.2B8.7B10.0B10.5B
Retained Earnings91.5B104.7B122.4B63.8B66.7B51.1B
Other Current Liab7.3B10.1B17.6B27.1B31.2B32.7B
Total Current Liabilities1.9T2.1T2.4T2.7T3.1T2.1T
Net Tangible Assets112.2B157.5B171.7B185.7B213.6B132.8B
Accounts Payable1.2T1.3T1.4T1.6T1.9T1.4T
Net Receivables422.8M8.1B15.0B4.6B5.3B4.7B
Other Current Assets139.9B129.3B140.9B128.9B148.2B142.5B
Other Stockholder Equity578.2M4.4B24.1B25.1B28.8B30.2B
Deferred Long Term Liab261.1M273.0M294.6M376.5M433.0M336.8M
Long Term Investments848.5B920.3B1.1T1.2T1.5T911.5B
Total Current Assets229.9B443.0B503.4B527.2B606.3B388.6B
Net Debt227.1B266.1B324.0B255.1B492.4B272.7B
Common Stock Shares Outstanding14.8B14.8B14.8B18.4B21.1B16.2B
Net Invested Capital622.5B676.6B769.0B774.0B1.1T725.4B
Capital Stock34.7B34.7B34.7B38.3B44.1B38.3B
Property Plant And Equipment Net5.2B7.3B7.1B8.7B8.3B7.7B
Property Plant And Equipment Gross9.3B11.7B7.1B13.9B14.2B12.0B

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Other Information on Investing in Bank Stock

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