Bank Income Before Tax vs Total Other Income Expense Net Analysis

601229 Stock   8.20  0.08  0.99%   
Bank of Shanghai financial indicator trend analysis is way more than just evaluating Bank of Shanghai prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Shanghai is a good investment. Please check the relationship between Bank of Shanghai Income Before Tax and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Shanghai. 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 Total Other Income Expense Net

Income Before Tax vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Shanghai Income Before Tax account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bank of Shanghai's Income Before Tax and Total Other Income Expense Net is 0.7. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Bank of Shanghai, assuming nothing else is changed. The correlation between historical values of Bank of Shanghai's Income Before Tax and Total Other Income Expense Net 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 Bank of Shanghai are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Income Before Tax i.e., Bank of Shanghai's Income Before Tax and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

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

Total Other Income Expense Net

Most indicators from Bank of Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Shanghai 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 Shanghai. 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 30, 2024, Selling General Administrative is expected to decline to about 10.9 B. In addition to that, Tax Provision is expected to decline to about 1.9 B
 2023 2024 (projected)
Operating Income25.7B16.0B
Total Revenue50.5B31.2B

Bank of Shanghai fundamental ratios Correlations

0.99-0.640.430.970.041.00.960.880.740.840.94-0.180.770.890.90.710.89-0.270.390.330.890.760.720.76-0.41
0.99-0.60.440.98-0.010.990.970.860.750.840.91-0.180.790.910.910.710.93-0.250.380.310.90.760.740.76-0.4
-0.64-0.6-0.24-0.49-0.36-0.65-0.53-0.49-0.57-0.22-0.72-0.21-0.32-0.41-0.42-0.3-0.45-0.02-0.050.02-0.39-0.49-0.3-0.490.15
0.430.44-0.240.45-0.010.430.440.250.570.40.39-0.060.440.470.480.860.40.160.240.170.450.30.220.3-0.26
0.970.98-0.490.45-0.140.970.960.870.680.90.89-0.160.810.930.930.750.9-0.320.450.410.930.730.750.73-0.43
0.04-0.01-0.36-0.01-0.140.05-0.010.090.09-0.150.23-0.130.03-0.04-0.04-0.01-0.1-0.010.170.22-0.03-0.290.04-0.290.0
1.00.99-0.650.430.970.050.960.880.740.840.94-0.180.770.890.90.710.88-0.280.390.330.890.760.720.76-0.41
0.960.97-0.530.440.96-0.010.960.840.710.840.91-0.110.870.920.920.720.93-0.260.530.40.920.690.830.69-0.48
0.880.86-0.490.250.870.090.880.840.430.90.93-0.030.680.830.820.650.73-0.660.430.580.850.560.660.56-0.37
0.740.75-0.570.570.680.090.740.710.430.490.6-0.180.660.690.710.640.690.340.310.090.670.570.560.57-0.31
0.840.84-0.220.40.9-0.150.840.840.90.490.79-0.220.770.870.860.760.73-0.560.530.610.890.570.710.57-0.51
0.940.91-0.720.390.890.230.940.910.930.60.790.020.740.830.830.680.79-0.410.450.460.840.60.690.6-0.42
-0.18-0.18-0.21-0.06-0.16-0.13-0.18-0.11-0.03-0.18-0.220.02-0.08-0.11-0.12-0.08-0.15-0.030.020.06-0.11-0.17-0.07-0.170.04
0.770.79-0.320.440.810.030.770.870.680.660.770.74-0.080.90.890.720.75-0.160.810.630.930.480.960.48-0.76
0.890.91-0.410.470.93-0.040.890.920.830.690.870.83-0.110.91.00.810.85-0.250.570.570.990.690.830.69-0.48
0.90.91-0.420.480.93-0.040.90.920.820.710.860.83-0.120.891.00.810.87-0.240.550.540.990.690.830.69-0.48
0.710.71-0.30.860.75-0.010.710.720.650.640.760.68-0.080.720.810.810.64-0.180.460.520.80.480.540.48-0.41
0.890.93-0.450.40.9-0.10.880.930.730.690.730.79-0.150.750.850.870.64-0.150.30.190.840.680.720.68-0.32
-0.27-0.25-0.020.16-0.32-0.01-0.28-0.26-0.660.34-0.56-0.41-0.03-0.16-0.25-0.24-0.18-0.15-0.23-0.56-0.3-0.04-0.24-0.040.15
0.390.38-0.050.240.450.170.390.530.430.310.530.450.020.810.570.550.460.3-0.230.820.630.020.810.02-0.73
0.330.310.020.170.410.220.330.40.580.090.610.460.060.630.570.540.520.19-0.560.820.62-0.070.61-0.07-0.47
0.890.9-0.390.450.93-0.030.890.920.850.670.890.84-0.110.930.990.990.80.84-0.30.630.620.650.870.65-0.57
0.760.76-0.490.30.73-0.290.760.690.560.570.570.6-0.170.480.690.690.480.68-0.040.02-0.070.650.451.0-0.23
0.720.74-0.30.220.750.040.720.830.660.560.710.69-0.070.960.830.830.540.72-0.240.810.610.870.450.45-0.74
0.760.76-0.490.30.73-0.290.760.690.560.570.570.6-0.170.480.690.690.480.68-0.040.02-0.070.651.00.45-0.23
-0.41-0.40.15-0.26-0.430.0-0.41-0.48-0.37-0.31-0.51-0.420.04-0.76-0.48-0.48-0.41-0.320.15-0.73-0.47-0.57-0.23-0.74-0.23
Click cells to compare fundamentals

Bank of Shanghai Account Relationship Matchups

Bank of Shanghai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2T2.5T2.7T2.9T3.1T3.2T
Total Stockholder Equity176.7B190.4B205.2B221.1B238.6B250.5B
Other Liab5.8B4.3B4.8B4.1B3.7B3.5B
Cash324.9B348.9B2.3T372.8B372.6B232.8B
Other Assets952.1B1.2T1.4T1.5T1.7T1.8T
Total Liab2.1T2.3T2.4T2.7T2.8T3.0T
Property Plant Equipment5.6B5.9B7.9B11.8B13.6B14.3B
Retained Earnings116.6B130.8B146.2B161.7B74.2B58.2B
Intangible Assets743.6M756.6M1.1B1.3B1.3B1.4B
Accounts Payable1.6T1.7T2.0T2.1T2.4T2.5T
Other Current Liab12.6B11.4B10.8B11.6B13.4B8.3B
Total Current Liabilities2.0T2.2T2.4T2.5T2.9T2.1T
Net Tangible Assets156.0B169.7B184.2B199.8B229.8B162.8B
Net Receivables2.0B2.3B8.9B4.8B5.5B3.2B
Other Current Assets135.8B148.9B137.4B128.6B115.7B109.8B
Other Stockholder Equity3.8B3.4B2.8B3.1B3.6B2.1B
Deferred Long Term Liab323.6M329.8M358.0M404.5M465.2M338.2M
Long Term Investments934.8B1.0T1.0T1.2T1.3T998.3B
Total Current Assets688.5B543.6B450.4B569.4B654.8B490.0B
Net Invested Capital421.6B455.2B500.7B578.2B612.3B520.8B

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

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