Tianfeng Gross Profit vs Income Before Tax Analysis

601162 Stock

4.81 0.11 2.34%

Tianfeng Securities financial indicator trend analysis is much more than just breaking down Tianfeng Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianfeng Securities is a good investment. Please check the relationship between Tianfeng Securities Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianfeng Securities Co. 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 Tianfeng Securities Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.

The correlation between Tianfeng Securities' Gross Profit and Income Before Tax is 0.39. 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 Tianfeng Securities Co, assuming nothing else is changed. The correlation between historical values of Tianfeng Securities' 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 Tianfeng Securities Co 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., Tianfeng Securities' Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tianfeng Securities Co minus its cost of goods sold. It is profit before Tianfeng Securities 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 Tianfeng Securities income statement and is an important metric when analyzing Tianfeng Securities 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 Tianfeng Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianfeng Securities 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 Tianfeng Securities Co. 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 November 29, 2024, Selling General Administrative is expected to decline to about 887.6 M. The current year's Tax Provision is expected to grow to about (93.4 M)

	2023	2024 (projected)
Gross Profit	1.2B	1.1B
Total Revenue	3.4B	3.7B

Gross Profit Total Revenue

Tianfeng Securities fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Inventory
Total Assets		-0.05	0.97	0.98	0.95	0.95	0.31	0.01	0.99	0.94	0.84	0.95	0.84	-0.51	0.89	-0.97	0.99	0.83	0.97	0.72	0.99	0.72	0.45	0.94	0.91	0.79
Other Current Liab	-0.05		0.01	-0.08	-0.17	-0.04	-0.29	-0.21	-0.08	-0.22	-0.34	-0.22	-0.23	0.53	0.2	0.16	-0.1	0.17	-0.11	0.22	-0.04	0.22	-0.1	-0.05	-0.11	-0.48
Total Current Liabilities	0.97	0.01		0.97	0.89	0.98	0.21	-0.12	0.95	0.88	0.74	0.93	0.77	-0.55	0.96	-0.91	0.98	0.87	0.9	0.6	0.98	0.6	0.28	0.98	0.88	0.67
Total Stockholder Equity	0.98	-0.08	0.97		0.89	0.98	0.28	0.03	0.96	0.9	0.78	0.93	0.75	-0.56	0.92	-0.94	0.99	0.87	0.93	0.6	0.97	0.6	0.32	0.97	0.93	0.75
Other Liab	0.95	-0.17	0.89	0.89		0.86	0.46	0.13	0.97	0.91	0.94	0.94	0.92	-0.49	0.76	-0.94	0.93	0.7	0.98	0.82	0.94	0.82	0.65	0.84	0.82	0.87
Net Tangible Assets	0.95	-0.04	0.98	0.98	0.86		0.19	-0.03	0.93	0.84	0.75	0.92	0.7	-0.57	0.96	-0.88	0.97	0.92	0.89	0.55	0.97	0.55	0.24	1.0	0.88	0.68
Retained Earnings	0.31	-0.29	0.21	0.28	0.46	0.19		0.59	0.38	0.3	0.55	0.39	0.52	-0.06	0.07	-0.36	0.28	0.02	0.42	0.46	0.3	0.46	0.66	0.15	0.08	0.47
Accounts Payable	0.01	-0.21	-0.12	0.03	0.13	-0.03	0.59		0.03	-0.13	0.35	0.01	-0.04	0.33	-0.18	0.05	-0.04	0.08	0.19	0.27	0.03	0.27	0.55	-0.09	-0.13	0.32
Cash	0.99	-0.08	0.95	0.96	0.97	0.93	0.38	0.03		0.94	0.86	0.94	0.87	-0.49	0.85	-0.97	0.98	0.77	0.97	0.75	0.98	0.75	0.51	0.91	0.88	0.8
Other Assets	0.94	-0.22	0.88	0.9	0.91	0.84	0.3	-0.13	0.94		0.77	0.89	0.87	-0.61	0.75	-0.97	0.94	0.63	0.9	0.64	0.89	0.64	0.41	0.84	0.92	0.81
Long Term Debt	0.84	-0.34	0.74	0.78	0.94	0.75	0.55	0.35	0.86	0.77		0.89	0.87	-0.41	0.61	-0.83	0.82	0.63	0.93	0.77	0.85	0.77	0.76	0.72	0.7	0.95
Net Receivables	0.95	-0.22	0.93	0.93	0.94	0.92	0.39	0.01	0.94	0.89	0.89		0.91	-0.6	0.85	-0.95	0.96	0.77	0.93	0.64	0.96	0.64	0.46	0.91	0.85	0.85
Good Will	0.84	-0.23	0.77	0.75	0.92	0.7	0.52	-0.04	0.87	0.87	0.87	0.91		-0.49	0.64	-0.9	0.83	0.48	0.87	0.75	0.83	0.75	0.65	0.69	0.72	0.83
Short Term Investments	-0.51	0.53	-0.55	-0.56	-0.49	-0.57	-0.06	0.33	-0.49	-0.61	-0.41	-0.6	-0.49		-0.46	0.58	-0.57	-0.36	-0.44	-0.06	-0.49	-0.06	0.14	-0.61	-0.61	-0.47
Other Current Assets	0.89	0.2	0.96	0.92	0.76	0.96	0.07	-0.18	0.85	0.75	0.61	0.85	0.64	-0.46		-0.81	0.9	0.93	0.8	0.52	0.92	0.52	0.13	0.96	0.83	0.52
Other Stockholder Equity	-0.97	0.16	-0.91	-0.94	-0.94	-0.88	-0.36	0.05	-0.97	-0.97	-0.83	-0.95	-0.9	0.58	-0.81		-0.97	-0.71	-0.95	-0.69	-0.94	-0.69	-0.47	-0.87	-0.92	-0.84
Total Liab	0.99	-0.1	0.98	0.99	0.93	0.97	0.28	-0.04	0.98	0.94	0.82	0.96	0.83	-0.57	0.9	-0.97		0.83	0.95	0.65	0.98	0.65	0.38	0.96	0.92	0.79
Deferred Long Term Liab	0.83	0.17	0.87	0.87	0.7	0.92	0.02	0.08	0.77	0.63	0.63	0.77	0.48	-0.36	0.93	-0.71	0.83		0.78	0.5	0.87	0.5	0.17	0.91	0.8	0.56
Long Term Investments	0.97	-0.11	0.9	0.93	0.98	0.89	0.42	0.19	0.97	0.9	0.93	0.93	0.87	-0.44	0.8	-0.95	0.95	0.78		0.82	0.96	0.82	0.63	0.87	0.86	0.88
Short Long Term Debt	0.72	0.22	0.6	0.6	0.82	0.55	0.46	0.27	0.75	0.64	0.77	0.64	0.75	-0.06	0.52	-0.69	0.65	0.5	0.82		0.71	1.0	0.85	0.52	0.54	0.65
Total Current Assets	0.99	-0.04	0.98	0.97	0.94	0.97	0.3	0.03	0.98	0.89	0.85	0.96	0.83	-0.49	0.92	-0.94	0.98	0.87	0.96	0.71		0.71	0.45	0.96	0.88	0.78
Short Term Debt	0.72	0.22	0.6	0.6	0.82	0.55	0.46	0.27	0.75	0.64	0.77	0.64	0.75	-0.06	0.52	-0.69	0.65	0.5	0.82	1.0	0.71		0.85	0.52	0.54	0.65
Intangible Assets	0.45	-0.1	0.28	0.32	0.65	0.24	0.66	0.55	0.51	0.41	0.76	0.46	0.65	0.14	0.13	-0.47	0.38	0.17	0.63	0.85	0.45	0.85		0.19	0.23	0.68
Common Stock	0.94	-0.05	0.98	0.97	0.84	1.0	0.15	-0.09	0.91	0.84	0.72	0.91	0.69	-0.61	0.96	-0.87	0.96	0.91	0.87	0.52	0.96	0.52	0.19		0.88	0.66
Property Plant Equipment	0.91	-0.11	0.88	0.93	0.82	0.88	0.08	-0.13	0.88	0.92	0.7	0.85	0.72	-0.61	0.83	-0.92	0.92	0.8	0.86	0.54	0.88	0.54	0.23	0.88		0.76
Inventory	0.79	-0.48	0.67	0.75	0.87	0.68	0.47	0.32	0.8	0.81	0.95	0.85	0.83	-0.47	0.52	-0.84	0.79	0.56	0.88	0.65	0.78	0.65	0.68	0.66	0.76

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Tianfeng Securities Account Relationship Matchups

Tianfeng Securities fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.9B	81.4B	96.6B	98.4B	99.5B	77.7B
Other Current Liab	99.5M	458.2M	127.4M	781.9M	703.7M	503.5M
Total Current Liabilities	19.2B	24.0B	33.5B	40.4B	46.4B	28.0B
Total Stockholder Equity	12.1B	17.5B	25.1B	23.1B	23.6B	17.7B
Other Liab	2.3B	2.3B	2.9B	2.8B	3.2B	2.4B
Net Tangible Assets	11.7B	11.5B	16.8B	24.7B	28.4B	14.8B
Retained Earnings	2.9B	3.3B	3.8B	950.5M	1.2B	1.2B
Accounts Payable	63.1M	79.5M	465.3M	2.7M	4.0M	3.8M
Cash	12.8B	26.2B	28.1B	27.5B	30.3B	19.5B
Other Assets	3.0B	5.1B	11.8B	9.8B	11.2B	11.8B
Net Receivables	4.0B	7.5B	7.6B	9.2B	10.6B	5.7B
Other Current Assets	2.7B	5.2B	5.3B	9.8B	11.2B	5.6B
Other Stockholder Equity	14.3M	(241.3M)	(469.0M)	(563.1M)	(506.8M)	(481.5M)
Total Liab	42.4B	59.2B	70.7B	74.5B	75.0B	54.8B
Deferred Long Term Liab	56.1M	47.2M	37.1M	115.0M	132.3M	66.8M
Long Term Investments	28.6B	37.1B	45.6B	44.7B	48.6B	35.9B
Total Current Assets	39.8B	48.2B	59.0B	73.9B	85.0B	52.5B
Intangible Assets	584.1M	573.3M	361.9M	345.6M	326.1M	364.2M
Property Plant Equipment	369.7M	509.0M	679.5M	1.2B	1.4B	1.5B
Net Debt	3.4B	9.6B	11.1B	27.3B	22.2B	12.1B
Net Invested Capital	34.4B	53.2B	64.3B	78.0B	76.1B	56.3B

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Other Information on Investing in Tianfeng Stock

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

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Tianfeng Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

Tianfeng Securities fundamental ratios Correlations

Tianfeng Securities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tianfeng Securities fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Tianfeng Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Net Tangible Assets
Short Term Debt	+ 1.0	Short Long Term Debt
Cash	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Stockholder Equity

Total Liab	- 0.97	Other Stockholder Equity
Other Stockholder Equity	- 0.97	Other Assets
Other Stockholder Equity	- 0.97	Cash
Other Stockholder Equity	- 0.97	Total Assets
Long Term Investments	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Net Receivables