Bank Operating Income vs Income Before Tax 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 Operating Income and its Income Before Tax 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.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Shanghai Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Bank of Shanghai's Operating Income and Income Before Tax is 0.12. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax 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 Operating Income 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 Operating Income of Bank of Shanghai 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 Operating Income i.e., Bank of Shanghai's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Bank of Shanghai 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 Shanghai 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.

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.

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 Income	25.7B	16.0B
Total Revenue	50.5B	31.2B

Operating Income Total Revenue

Bank of Shanghai fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Cash	Other Assets	Short Term Investments	Total Liab	Common Stock	Property Plant Equipment	Retained Earnings	Intangible Assets	Accounts Payable	Long Term Debt	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Net Debt
Total Assets		0.99	-0.64	0.43	0.97	0.04	1.0	0.96	0.88	0.74	0.84	0.94	-0.18	0.77	0.89	0.9	0.71	0.89	-0.27	0.39	0.33	0.89	0.76	0.72	0.76	-0.41
Total Stockholder Equity	0.99		-0.6	0.44	0.98	-0.01	0.99	0.97	0.86	0.75	0.84	0.91	-0.18	0.79	0.91	0.91	0.71	0.93	-0.25	0.38	0.31	0.9	0.76	0.74	0.76	-0.4
Other Liab	-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	-0.05	0.02	-0.39	-0.49	-0.3	-0.49	0.15
Cash	0.43	0.44	-0.24		0.45	-0.01	0.43	0.44	0.25	0.57	0.4	0.39	-0.06	0.44	0.47	0.48	0.86	0.4	0.16	0.24	0.17	0.45	0.3	0.22	0.3	-0.26
Other Assets	0.97	0.98	-0.49	0.45		-0.14	0.97	0.96	0.87	0.68	0.9	0.89	-0.16	0.81	0.93	0.93	0.75	0.9	-0.32	0.45	0.41	0.93	0.73	0.75	0.73	-0.43
Short Term Investments	0.04	-0.01	-0.36	-0.01	-0.14		0.05	-0.01	0.09	0.09	-0.15	0.23	-0.13	0.03	-0.04	-0.04	-0.01	-0.1	-0.01	0.17	0.22	-0.03	-0.29	0.04	-0.29	0.0
Total Liab	1.0	0.99	-0.65	0.43	0.97	0.05		0.96	0.88	0.74	0.84	0.94	-0.18	0.77	0.89	0.9	0.71	0.88	-0.28	0.39	0.33	0.89	0.76	0.72	0.76	-0.41
Common Stock	0.96	0.97	-0.53	0.44	0.96	-0.01	0.96		0.84	0.71	0.84	0.91	-0.11	0.87	0.92	0.92	0.72	0.93	-0.26	0.53	0.4	0.92	0.69	0.83	0.69	-0.48
Property Plant Equipment	0.88	0.86	-0.49	0.25	0.87	0.09	0.88	0.84		0.43	0.9	0.93	-0.03	0.68	0.83	0.82	0.65	0.73	-0.66	0.43	0.58	0.85	0.56	0.66	0.56	-0.37
Retained Earnings	0.74	0.75	-0.57	0.57	0.68	0.09	0.74	0.71	0.43		0.49	0.6	-0.18	0.66	0.69	0.71	0.64	0.69	0.34	0.31	0.09	0.67	0.57	0.56	0.57	-0.31
Intangible Assets	0.84	0.84	-0.22	0.4	0.9	-0.15	0.84	0.84	0.9	0.49		0.79	-0.22	0.77	0.87	0.86	0.76	0.73	-0.56	0.53	0.61	0.89	0.57	0.71	0.57	-0.51
Accounts Payable	0.94	0.91	-0.72	0.39	0.89	0.23	0.94	0.91	0.93	0.6	0.79		0.02	0.74	0.83	0.83	0.68	0.79	-0.41	0.45	0.46	0.84	0.6	0.69	0.6	-0.42
Long Term Debt	-0.18	-0.18	-0.21	-0.06	-0.16	-0.13	-0.18	-0.11	-0.03	-0.18	-0.22	0.02		-0.08	-0.11	-0.12	-0.08	-0.15	-0.03	0.02	0.06	-0.11	-0.17	-0.07	-0.17	0.04
Other Current Liab	0.77	0.79	-0.32	0.44	0.81	0.03	0.77	0.87	0.68	0.66	0.77	0.74	-0.08		0.9	0.89	0.72	0.75	-0.16	0.81	0.63	0.93	0.48	0.96	0.48	-0.76
Total Current Liabilities	0.89	0.91	-0.41	0.47	0.93	-0.04	0.89	0.92	0.83	0.69	0.87	0.83	-0.11	0.9		1.0	0.81	0.85	-0.25	0.57	0.57	0.99	0.69	0.83	0.69	-0.48
Net Tangible Assets	0.9	0.91	-0.42	0.48	0.93	-0.04	0.9	0.92	0.82	0.71	0.86	0.83	-0.12	0.89	1.0		0.81	0.87	-0.24	0.55	0.54	0.99	0.69	0.83	0.69	-0.48
Net Receivables	0.71	0.71	-0.3	0.86	0.75	-0.01	0.71	0.72	0.65	0.64	0.76	0.68	-0.08	0.72	0.81	0.81		0.64	-0.18	0.46	0.52	0.8	0.48	0.54	0.48	-0.41
Inventory	0.89	0.93	-0.45	0.4	0.9	-0.1	0.88	0.93	0.73	0.69	0.73	0.79	-0.15	0.75	0.85	0.87	0.64		-0.15	0.3	0.19	0.84	0.68	0.72	0.68	-0.32
Other Current Assets	-0.27	-0.25	-0.02	0.16	-0.32	-0.01	-0.28	-0.26	-0.66	0.34	-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	-0.04	0.15
Other Stockholder Equity	0.39	0.38	-0.05	0.24	0.45	0.17	0.39	0.53	0.43	0.31	0.53	0.45	0.02	0.81	0.57	0.55	0.46	0.3	-0.23		0.82	0.63	0.02	0.81	0.02	-0.73
Deferred Long Term Liab	0.33	0.31	0.02	0.17	0.41	0.22	0.33	0.4	0.58	0.09	0.61	0.46	0.06	0.63	0.57	0.54	0.52	0.19	-0.56	0.82		0.62	-0.07	0.61	-0.07	-0.47
Long Term Investments	0.89	0.9	-0.39	0.45	0.93	-0.03	0.89	0.92	0.85	0.67	0.89	0.84	-0.11	0.93	0.99	0.99	0.8	0.84	-0.3	0.63	0.62		0.65	0.87	0.65	-0.57
Short Long Term Debt	0.76	0.76	-0.49	0.3	0.73	-0.29	0.76	0.69	0.56	0.57	0.57	0.6	-0.17	0.48	0.69	0.69	0.48	0.68	-0.04	0.02	-0.07	0.65		0.45	1.0	-0.23
Total Current Assets	0.72	0.74	-0.3	0.22	0.75	0.04	0.72	0.83	0.66	0.56	0.71	0.69	-0.07	0.96	0.83	0.83	0.54	0.72	-0.24	0.81	0.61	0.87	0.45		0.45	-0.74
Short Term Debt	0.76	0.76	-0.49	0.3	0.73	-0.29	0.76	0.69	0.56	0.57	0.57	0.6	-0.17	0.48	0.69	0.69	0.48	0.68	-0.04	0.02	-0.07	0.65	1.0	0.45		-0.23
Net Debt	-0.41	-0.4	0.15	-0.26	-0.43	0.0	-0.41	-0.48	-0.37	-0.31	-0.51	-0.42	0.04	-0.76	-0.48	-0.48	-0.41	-0.32	0.15	-0.73	-0.47	-0.57	-0.23	-0.74	-0.23

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Bank of Shanghai Account Relationship Matchups

Bank of Shanghai fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2T	2.5T	2.7T	2.9T	3.1T	3.2T
Total Stockholder Equity	176.7B	190.4B	205.2B	221.1B	238.6B	250.5B
Other Liab	5.8B	4.3B	4.8B	4.1B	3.7B	3.5B
Cash	324.9B	348.9B	2.3T	372.8B	372.6B	232.8B
Other Assets	952.1B	1.2T	1.4T	1.5T	1.7T	1.8T
Total Liab	2.1T	2.3T	2.4T	2.7T	2.8T	3.0T
Property Plant Equipment	5.6B	5.9B	7.9B	11.8B	13.6B	14.3B
Retained Earnings	116.6B	130.8B	146.2B	161.7B	74.2B	58.2B
Intangible Assets	743.6M	756.6M	1.1B	1.3B	1.3B	1.4B
Accounts Payable	1.6T	1.7T	2.0T	2.1T	2.4T	2.5T
Other Current Liab	12.6B	11.4B	10.8B	11.6B	13.4B	8.3B
Total Current Liabilities	2.0T	2.2T	2.4T	2.5T	2.9T	2.1T
Net Tangible Assets	156.0B	169.7B	184.2B	199.8B	229.8B	162.8B
Net Receivables	2.0B	2.3B	8.9B	4.8B	5.5B	3.2B
Other Current Assets	135.8B	148.9B	137.4B	128.6B	115.7B	109.8B
Other Stockholder Equity	3.8B	3.4B	2.8B	3.1B	3.6B	2.1B
Deferred Long Term Liab	323.6M	329.8M	358.0M	404.5M	465.2M	338.2M
Long Term Investments	934.8B	1.0T	1.0T	1.2T	1.3T	998.3B
Total Current Assets	688.5B	543.6B	450.4B	569.4B	654.8B	490.0B
Net Invested Capital	421.6B	455.2B	500.7B	578.2B	612.3B	520.8B

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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.

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Bank Operating Income vs Income Before Tax Analysis

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Operating Income

Income Before Tax

Bank of Shanghai fundamental ratios Correlations

Bank of Shanghai Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Shanghai fundamental ratios Accounts

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Other Information on Investing in Bank Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Short Long Term Debt
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Stockholder Equity
Long Term Investments	+ 0.99	Total Current Liabilities

Net Debt	- 0.76	Other Current Liab
Net Debt	- 0.74	Total Current Assets
Net Debt	- 0.73	Other Stockholder Equity
Accounts Payable	- 0.72	Other Liab
Other Current Assets	- 0.66	Property Plant Equipment
Total Liab	- 0.65	Other Liab