Dongxing Gross Profit vs Tax Provision Analysis

601198 Stock

11.24 0.21 1.90%

Dongxing Sec financial indicator trend analysis is much more than just examining Dongxing Sec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongxing Sec is a good investment. Please check the relationship between Dongxing Sec Gross Profit and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongxing Sec 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 Tax Provision

Gross Profit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongxing Sec Gross Profit account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Dongxing Sec's Gross Profit and Tax Provision is 0.41. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Dongxing Sec Co, assuming nothing else is changed. The correlation between historical values of Dongxing Sec's Gross Profit and Tax Provision 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 Dongxing Sec Co are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Gross Profit i.e., Dongxing Sec's Gross Profit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dongxing Sec Co minus its cost of goods sold. It is profit before Dongxing Sec 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Dongxing Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongxing Sec 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 Dongxing Sec 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 28, 2024, Selling General Administrative is expected to decline to about 2.1 B. In addition to that, Tax Provision is expected to decline to about 17.1 M

	2023	2024 (projected)
Operating Income	1.6B	1.3B
Total Revenue	3.6B	3.3B

Operating Income Total Revenue

Dongxing Sec fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Cash	Other Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Long Term Debt	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Accounts Payable	Net Debt
Total Assets		0.98	-0.62	0.68	0.82	0.93	1.0	0.61	0.85	0.64	0.76	-0.55	0.95	0.69	-0.07	0.85	0.05	-0.16	-0.8	0.84	0.85	0.71	0.77	0.71	-0.61	-0.44
Total Stockholder Equity	0.98		-0.68	0.68	0.87	0.9	0.97	0.62	0.87	0.68	0.73	-0.55	0.97	0.71	-0.1	0.9	0.06	-0.19	-0.84	0.9	0.89	0.75	0.81	0.75	-0.64	-0.45
Other Liab	-0.62	-0.68		-0.39	-0.73	-0.55	-0.59	-0.45	-0.61	-0.54	-0.37	0.4	-0.64	-0.73	-0.23	-0.68	0.12	-0.1	0.46	-0.62	-0.69	-0.63	-0.63	-0.63	0.67	0.46
Retained Earnings	0.68	0.68	-0.39		0.45	0.55	0.68	0.22	0.68	0.07	0.77	0.04	0.76	0.37	-0.35	0.54	0.5	-0.47	-0.54	0.69	0.51	0.66	0.36	0.66	-0.53	-0.17
Cash	0.82	0.87	-0.73	0.45		0.85	0.8	0.73	0.72	0.77	0.44	-0.58	0.8	0.93	0.24	0.89	-0.23	0.17	-0.69	0.74	0.85	0.64	0.89	0.64	-0.7	-0.63
Other Assets	0.93	0.9	-0.55	0.55	0.85		0.94	0.75	0.75	0.72	0.56	-0.58	0.84	0.81	0.2	0.82	-0.2	0.11	-0.63	0.7	0.8	0.62	0.8	0.62	-0.66	-0.58
Total Liab	1.0	0.97	-0.59	0.68	0.8	0.94		0.6	0.84	0.62	0.77	-0.54	0.94	0.68	-0.06	0.83	0.05	-0.15	-0.78	0.82	0.83	0.69	0.75	0.69	-0.59	-0.43
Intangible Assets	0.61	0.62	-0.45	0.22	0.73	0.75	0.6		0.73	0.72	0.29	-0.3	0.52	0.73	0.49	0.82	-0.39	0.45	-0.45	0.55	0.79	0.55	0.9	0.55	-0.53	-0.67
Common Stock	0.85	0.87	-0.61	0.68	0.72	0.75	0.84	0.73		0.56	0.82	-0.21	0.84	0.58	-0.05	0.92	0.1	-0.1	-0.76	0.85	0.89	0.76	0.85	0.76	-0.54	-0.45
Property Plant Equipment	0.64	0.68	-0.54	0.07	0.77	0.72	0.62	0.72	0.56		0.18	-0.7	0.5	0.7	0.34	0.7	-0.6	0.38	-0.51	0.46	0.65	0.32	0.81	0.32	-0.3	-0.5
Short Term Investments	0.76	0.73	-0.37	0.77	0.44	0.56	0.77	0.29	0.82	0.18		-0.03	0.77	0.27	-0.38	0.61	0.39	-0.4	-0.69	0.68	0.58	0.53	0.5	0.53	-0.36	-0.2
Good Will	-0.55	-0.55	0.4	0.04	-0.58	-0.58	-0.54	-0.3	-0.21	-0.7	-0.03		-0.46	-0.51	-0.16	-0.39	0.35	-0.11	0.4	-0.35	-0.41	-0.17	-0.43	-0.17	0.28	0.25
Long Term Debt	0.95	0.97	-0.64	0.76	0.8	0.84	0.94	0.52	0.84	0.5	0.77	-0.46		0.64	-0.23	0.86	0.23	-0.35	-0.84	0.94	0.87	0.8	0.71	0.8	-0.68	-0.36
Other Current Liab	0.69	0.71	-0.73	0.37	0.93	0.81	0.68	0.73	0.58	0.7	0.27	-0.51	0.64		0.49	0.75	-0.34	0.41	-0.46	0.53	0.71	0.54	0.79	0.54	-0.71	-0.67
Total Current Liabilities	-0.07	-0.1	-0.23	-0.35	0.24	0.2	-0.06	0.49	-0.05	0.34	-0.38	-0.16	-0.23	0.49		0.09	-0.66	0.93	0.42	-0.29	0.08	-0.05	0.3	-0.05	-0.27	-0.64
Net Tangible Assets	0.85	0.9	-0.68	0.54	0.89	0.82	0.83	0.82	0.92	0.7	0.61	-0.39	0.86	0.75	0.09		-0.06	0.02	-0.78	0.89	0.98	0.81	0.96	0.81	-0.64	-0.57
Net Receivables	0.05	0.06	0.12	0.5	-0.23	-0.2	0.05	-0.39	0.1	-0.6	0.39	0.35	0.23	-0.34	-0.66	-0.06		-0.8	-0.27	0.29	0.04	0.39	-0.29	0.39	0.0	0.37
Other Current Assets	-0.16	-0.19	-0.1	-0.47	0.17	0.11	-0.15	0.45	-0.1	0.38	-0.4	-0.11	-0.35	0.41	0.93	0.02	-0.8		0.4	-0.41	-0.04	-0.27	0.28	-0.27	-0.02	-0.47
Other Stockholder Equity	-0.8	-0.84	0.46	-0.54	-0.69	-0.63	-0.78	-0.45	-0.76	-0.51	-0.69	0.4	-0.84	-0.46	0.42	-0.78	-0.27	0.4		-0.86	-0.8	-0.66	-0.66	-0.66	0.27	0.06
Deferred Long Term Liab	0.84	0.9	-0.62	0.69	0.74	0.7	0.82	0.55	0.85	0.46	0.68	-0.35	0.94	0.53	-0.29	0.89	0.29	-0.41	-0.86		0.91	0.88	0.73	0.88	-0.61	-0.28
Long Term Investments	0.85	0.89	-0.69	0.51	0.85	0.8	0.83	0.79	0.89	0.65	0.58	-0.41	0.87	0.71	0.08	0.98	0.04	-0.04	-0.8	0.91		0.88	0.91	0.88	-0.64	-0.51
Short Long Term Debt	0.71	0.75	-0.63	0.66	0.64	0.62	0.69	0.55	0.76	0.32	0.53	-0.17	0.8	0.54	-0.05	0.81	0.39	-0.27	-0.66	0.88	0.88		0.64	1.0	-0.64	-0.35
Total Current Assets	0.77	0.81	-0.63	0.36	0.89	0.8	0.75	0.9	0.85	0.81	0.5	-0.43	0.71	0.79	0.3	0.96	-0.29	0.28	-0.66	0.73	0.91	0.64		0.64	-0.57	-0.68
Short Term Debt	0.71	0.75	-0.63	0.66	0.64	0.62	0.69	0.55	0.76	0.32	0.53	-0.17	0.8	0.54	-0.05	0.81	0.39	-0.27	-0.66	0.88	0.88	1.0	0.64		-0.64	-0.35
Accounts Payable	-0.61	-0.64	0.67	-0.53	-0.7	-0.66	-0.59	-0.53	-0.54	-0.3	-0.36	0.28	-0.68	-0.71	-0.27	-0.64	0.0	-0.02	0.27	-0.61	-0.64	-0.64	-0.57	-0.64		0.75
Net Debt	-0.44	-0.45	0.46	-0.17	-0.63	-0.58	-0.43	-0.67	-0.45	-0.5	-0.2	0.25	-0.36	-0.67	-0.64	-0.57	0.37	-0.47	0.06	-0.28	-0.51	-0.35	-0.68	-0.35	0.75

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Dongxing Sec Account Relationship Matchups

Dongxing Sec fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	77.5B	86.4B	99.0B	101.8B	117.0B	122.9B
Total Stockholder Equity	20.3B	21.1B	26.7B	26.1B	30.0B	31.5B
Other Liab	4.8B	4.3B	1.7B	2.1B	1.9B	1.8B
Retained Earnings	7.5B	8.6B	9.8B	4.1B	4.7B	4.7B
Cash	14.4B	37.5B	44.9B	39.0B	44.8B	47.0B
Other Assets	9.4B	13.4B	18.3B	21.6B	24.8B	26.0B
Total Liab	57.2B	65.2B	72.3B	75.7B	87.0B	91.4B
Intangible Assets	32.1M	41.2M	50.0M	60.7M	69.8M	36.0M
Property Plant Equipment	181.5M	165.0M	157.4M	540.8M	621.9M	653.0M
Other Current Liab	94.4M	2.1B	1.9B	1.5B	1.8B	1.8B
Total Current Liabilities	25.0B	36.3B	48.3B	44.7B	51.4B	41.4B
Net Tangible Assets	19.6B	20.2B	21.1B	26.6B	30.6B	21.8B
Net Receivables	1.4B	1.1B	1.1B	431.8M	388.6M	369.2M
Other Current Assets	3.4B	4.0B	6.4B	6.6B	7.6B	5.6B
Other Stockholder Equity	258.3M	53.8M	(86.4M)	(366.3M)	(329.6M)	(313.2M)
Deferred Long Term Liab	28.6M	26.4M	21.6M	25.8M	29.7M	24.3M
Long Term Investments	43.1B	44.9B	49.8B	58.7B	67.5B	46.7B
Total Current Assets	35.3B	38.4B	41.0B	49.8B	57.3B	43.5B
Accounts Payable	41.1M	48.9M	422.7M	465.7M	419.2M	430.1M
Inventory	126.5M	31.8M	530.9K	45.9M	41.3M	33.4M
Net Invested Capital	52.8B	55.1B	54.1B	53.6B	61.7B	57.6B

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

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Dongxing Gross Profit vs Tax Provision Analysis

Gross Profit vs Tax Provision

Gross Profit vs Tax Provision Correlation Analysis

Correlation Coefficient

Gross Profit

Tax Provision

Dongxing Sec fundamental ratios Correlations

Dongxing Sec Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dongxing Sec fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Dongxing Stock

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Total Liab	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt
Total Stockholder Equity	+ 0.98	Total Assets
Long Term Investments	+ 0.98	Net Tangible Assets
Total Liab	+ 0.97	Total Stockholder Equity
Long Term Debt	+ 0.97	Total Stockholder Equity

Deferred Long Term Liab	- 0.86	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Long Term Debt
Other Stockholder Equity	- 0.84	Total Stockholder Equity
Long Term Investments	- 0.8	Other Stockholder Equity
Other Current Assets	- 0.8	Net Receivables
Other Stockholder Equity	- 0.8	Total Assets