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 Income Before Tax and its Operating Income 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.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dongxing Sec Income Before Tax account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dongxing Sec's Income Before Tax and Operating Income is 0.67. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income 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 Income Before Tax 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 Before Tax of Dongxing Sec Co 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 Before Tax i.e., Dongxing Sec's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Dongxing Sec income statement and is an important metric when analyzing Dongxing Sec 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.
Operating Income
Operating Income is the amount of profit realized from Dongxing Sec 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 Dongxing Sec Co 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 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 |
Dongxing Sec fundamental ratios Correlations
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Dongxing Sec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dongxing Sec fundamental ratios Accounts
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Other Information on Investing in Dongxing Stock
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.