Bank Net Income vs Income Before Tax Analysis

601577 Stock

8.78 0.03 0.34%

Bank of Changsha financial indicator trend analysis is way more than just evaluating Bank of Changsha prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Changsha is a good investment. Please check the relationship between Bank of Changsha Net 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 Changsha. 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.

Net Income vs Income Before Tax

Net 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 Changsha Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.

The correlation between Bank of Changsha's Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Bank of Changsha, assuming nothing else is changed. The correlation between historical values of Bank of Changsha's Net 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 Net Income of Bank of Changsha 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 Net Income i.e., Bank of Changsha's Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bank of Changsha financial statement analysis. It represents the amount of money remaining after all of Bank of Changsha operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bank of Changsha income statement and is an important metric when analyzing Bank of Changsha 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 Changsha's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Changsha 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 Changsha. 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 December 11, 2024, Selling General Administrative is expected to decline to about 5.4 B. In addition to that, Tax Provision is expected to decline to about 1.4 B

	2023	2024 (projected)
Gross Profit	19.6B	11.3B
Total Revenue	24.9B	17.9B

Gross Profit Total Revenue

Bank of Changsha 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	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.8	1.0	0.99	0.67	0.99	0.96	1.0	0.48	0.99	0.88	0.87	0.38	0.73	0.85	-0.1	1.0	0.93	0.93	0.97	0.88	0.94	0.98	0.92	0.94	0.97
Other Current Liab	0.8		0.78	0.81	0.5	0.79	0.73	0.79	0.23	0.79	0.49	0.71	0.46	0.39	0.56	0.26	0.8	0.64	0.82	0.8	0.95	0.84	0.74	0.86	0.87	0.85
Total Current Liabilities	1.0	0.78		0.99	0.67	0.99	0.95	1.0	0.47	0.99	0.89	0.87	0.38	0.72	0.85	-0.11	1.0	0.92	0.92	0.98	0.86	0.95	0.98	0.91	0.93	0.96
Total Stockholder Equity	0.99	0.81	0.99		0.64	0.99	0.96	0.99	0.52	1.0	0.85	0.88	0.46	0.69	0.77	0.01	0.99	0.9	0.96	0.98	0.87	0.95	0.97	0.95	0.95	0.99
Other Liab	0.67	0.5	0.67	0.64		0.62	0.61	0.67	0.33	0.63	0.65	0.46	-0.21	0.59	0.71	-0.47	0.68	0.73	0.53	0.71	0.59	0.57	0.69	0.66	0.58	0.6
Net Tangible Assets	0.99	0.79	0.99	0.99	0.62		0.94	0.99	0.5	1.0	0.85	0.87	0.47	0.67	0.78	0.0	0.99	0.89	0.95	0.97	0.86	0.97	0.98	0.93	0.95	0.97
Retained Earnings	0.96	0.73	0.95	0.96	0.61	0.94		0.94	0.55	0.95	0.88	0.88	0.33	0.77	0.77	-0.11	0.96	0.91	0.91	0.92	0.82	0.85	0.93	0.91	0.85	0.96
Accounts Payable	1.0	0.79	1.0	0.99	0.67	0.99	0.94		0.47	0.99	0.87	0.87	0.38	0.7	0.85	-0.11	1.0	0.91	0.92	0.98	0.86	0.95	0.98	0.92	0.94	0.95
Cash	0.48	0.23	0.47	0.52	0.33	0.5	0.55	0.47		0.48	0.43	0.58	0.12	0.35	0.31	-0.13	0.47	0.57	0.49	0.45	0.31	0.49	0.55	0.58	0.49	0.52
Other Assets	0.99	0.79	0.99	1.0	0.63	1.0	0.95	0.99	0.48		0.85	0.89	0.46	0.68	0.79	-0.03	0.99	0.89	0.95	0.98	0.86	0.95	0.97	0.93	0.94	0.97
Long Term Debt	0.88	0.49	0.89	0.85	0.65	0.85	0.88	0.87	0.43	0.85		0.75	0.16	0.94	0.9	-0.37	0.89	0.95	0.72	0.82	0.64	0.73	0.86	0.69	0.72	0.81
Net Receivables	0.87	0.71	0.87	0.88	0.46	0.87	0.88	0.87	0.58	0.89	0.75		0.44	0.64	0.64	-0.07	0.87	0.83	0.9	0.87	0.68	0.79	0.82	0.86	0.78	0.88
Short Term Investments	0.38	0.46	0.38	0.46	-0.21	0.47	0.33	0.38	0.12	0.46	0.16	0.44		0.07	-0.04	0.79	0.37	0.19	0.62	0.4	0.37	0.53	0.3	0.43	0.51	0.49
Inventory	0.73	0.39	0.72	0.69	0.59	0.67	0.77	0.7	0.35	0.68	0.94	0.64	0.07		0.8	-0.39	0.74	0.9	0.57	0.64	0.52	0.54	0.68	0.54	0.55	0.7
Other Current Assets	0.85	0.56	0.85	0.77	0.71	0.78	0.77	0.85	0.31	0.79	0.9	0.64	-0.04	0.8		-0.49	0.85	0.87	0.61	0.78	0.73	0.72	0.85	0.65	0.73	0.72
Other Stockholder Equity	-0.1	0.26	-0.11	0.01	-0.47	0.0	-0.11	-0.11	-0.13	-0.03	-0.37	-0.07	0.79	-0.39	-0.49		-0.1	-0.3	0.19	-0.07	0.14	0.13	-0.17	0.08	0.14	0.08
Total Liab	1.0	0.8	1.0	0.99	0.68	0.99	0.96	1.0	0.47	0.99	0.89	0.87	0.37	0.74	0.85	-0.1		0.93	0.92	0.97	0.88	0.94	0.98	0.92	0.94	0.97
Deferred Long Term Liab	0.93	0.64	0.92	0.9	0.73	0.89	0.91	0.91	0.57	0.89	0.95	0.83	0.19	0.9	0.87	-0.3	0.93		0.8	0.86	0.75	0.82	0.91	0.81	0.82	0.89
Long Term Investments	0.93	0.82	0.92	0.96	0.53	0.95	0.91	0.92	0.49	0.95	0.72	0.9	0.62	0.57	0.61	0.19	0.92	0.8		0.95	0.83	0.91	0.87	0.96	0.9	0.96
Total Current Assets	0.97	0.8	0.98	0.98	0.71	0.97	0.92	0.98	0.45	0.98	0.82	0.87	0.4	0.64	0.78	-0.07	0.97	0.86	0.95		0.85	0.92	0.95	0.95	0.91	0.95
Intangible Assets	0.88	0.95	0.86	0.87	0.59	0.86	0.82	0.86	0.31	0.86	0.64	0.68	0.37	0.52	0.73	0.14	0.88	0.75	0.83	0.85		0.89	0.84	0.89	0.93	0.89
Common Stock	0.94	0.84	0.95	0.95	0.57	0.97	0.85	0.95	0.49	0.95	0.73	0.79	0.53	0.54	0.72	0.13	0.94	0.82	0.91	0.92	0.89		0.94	0.91	0.99	0.93
Property Plant Equipment	0.98	0.74	0.98	0.97	0.69	0.98	0.93	0.98	0.55	0.97	0.86	0.82	0.3	0.68	0.85	-0.17	0.98	0.91	0.87	0.95	0.84	0.94		0.9	0.93	0.93
Net Debt	0.92	0.86	0.91	0.95	0.66	0.93	0.91	0.92	0.58	0.93	0.69	0.86	0.43	0.54	0.65	0.08	0.92	0.81	0.96	0.95	0.89	0.91	0.9		0.92	0.96
Common Stock Shares Outstanding	0.94	0.87	0.93	0.95	0.58	0.95	0.85	0.94	0.49	0.94	0.72	0.78	0.51	0.55	0.73	0.14	0.94	0.82	0.9	0.91	0.93	0.99	0.93	0.92		0.94
Net Invested Capital	0.97	0.85	0.96	0.99	0.6	0.97	0.96	0.95	0.52	0.97	0.81	0.88	0.49	0.7	0.72	0.08	0.97	0.89	0.96	0.95	0.89	0.93	0.93	0.96	0.94

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Bank of Changsha Account Relationship Matchups

Bank of Changsha fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	602.0B	704.2B	796.2B	904.7B	1.0T	695.8B
Other Current Liab	1.1B	1.8B	1.5B	2.6B	3.0B	3.1B
Total Current Liabilities	531.6B	619.4B	710.7B	809.2B	930.6B	577.3B
Total Stockholder Equity	40.6B	44.3B	55.0B	60.2B	66.1B	43.8B
Other Liab	2.3B	1.8B	2.0B	2.0B	2.3B	2.1B
Net Tangible Assets	34.0B	37.7B	48.2B	52.7B	60.6B	36.2B
Retained Earnings	25.0B	28.9B	33.6B	38.7B	30.2B	26.8B
Accounts Payable	401.3B	479.1B	535.9B	607.2B	698.3B	447.2B
Cash	55.3B	63.0B	611.2B	77.2B	74.4B	125.2B
Other Assets	255.4B	310.9B	364.8B	426.6B	490.6B	263.6B
Net Receivables	108.9M	328.2M	287.6M	226.3M	260.3M	165.4M
Inventory	421.4M	407.4M	302.0M	259.5M	298.5M	317.0M
Other Current Assets	38.1B	42.1B	41.1B	45.0B	51.8B	44.6B
Other Stockholder Equity	297.3M	72.1M	183.7M	319.2M	367.0M	385.4M
Total Liab	560.2B	658.5B	739.5B	842.6B	951.7B	650.8B
Deferred Long Term Liab	322.6M	336.0M	363.6M	318.2M	365.9M	332.8M
Long Term Investments	282.8B	326.0B	359.1B	384.8B	423.5B	274.9B
Total Current Assets	137.6B	150.8B	167.6B	199.2B	229.1B	127.1B
Intangible Assets	615.1M	622.0M	854.3M	1.5B	1.7B	1.7B
Property Plant Equipment	1.6B	1.8B	3.0B	3.2B	3.7B	2.0B
Net Debt	77.8B	79.9B	97.0B	97.1B	97.9B	88.7B
Net Invested Capital	167.8B	181.2B	211.4B	228.6B	232.4B	195.5B

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Other Information on Investing in Bank Stock

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

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Income

Income Before Tax

Bank of Changsha fundamental ratios Correlations

Bank of Changsha Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Changsha fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Other Assets	+ 1.0	Total Stockholder Equity

Other Stockholder Equity	- 0.49	Other Current Assets
Other Stockholder Equity	- 0.47	Other Liab
Other Stockholder Equity	- 0.39	Inventory
Other Stockholder Equity	- 0.37	Long Term Debt
Deferred Long Term Liab	- 0.3	Other Stockholder Equity
Short Term Investments	- 0.21	Other Liab