Shanghai Income Before Tax vs Other Operating Expenses Analysis

601607 Stock

20.15 0.32 1.61%

Shanghai Pharmaceuticals financial indicator trend analysis is much more than just breaking down Shanghai Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Pharmaceuticals is a good investment. Please check the relationship between Shanghai Pharmaceuticals Income Before Tax and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Pharmaceuticals Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Pharmaceuticals Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shanghai Pharmaceuticals' Income Before Tax and Other Operating Expenses is 0.83. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Shanghai Pharmaceuticals Holding, assuming nothing else is changed. The correlation between historical values of Shanghai Pharmaceuticals' Income Before Tax and Other Operating Expenses 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 Shanghai Pharmaceuticals Holding are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Shanghai Pharmaceuticals' Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Shanghai Pharmaceuticals. It is also known as Shanghai Pharmaceuticals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Shanghai Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Pharmaceuticals 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 Shanghai Pharmaceuticals Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of January 31, 2025, Selling General Administrative is expected to decline to about 6.7 B. In addition to that, Tax Provision is expected to decline to about 1.6 B

	2022	2023	2024	2025 (projected)
Operating Income	8.8B	9.6B	11.0B	11.5B
Total Revenue	232.0B	260.3B	299.3B	314.3B

Operating Income Total Revenue

Shanghai Pharmaceuticals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.79	1.0	0.99	0.99	1.0	0.98	0.74	0.74	1.0	0.91	1.0	0.25	1.0	0.76	0.85	0.98	0.97	0.83	0.86	-0.46	0.57	0.88	0.9	0.9	0.83
Other Current Liab	0.79		0.79	0.72	0.83	0.78	0.74	0.81	0.74	0.81	0.87	0.77	0.74	0.81	0.62	0.6	0.89	0.85	0.9	0.7	-0.72	0.92	0.84	0.78	0.68	0.89
Total Current Liabilities	1.0	0.79		0.98	0.99	0.99	0.97	0.73	0.72	1.0	0.91	0.99	0.25	1.0	0.74	0.83	0.98	0.97	0.82	0.87	-0.45	0.58	0.89	0.91	0.9	0.83
Total Stockholder Equity	0.99	0.72	0.98		0.97	0.99	0.99	0.69	0.67	0.98	0.84	0.99	0.17	0.98	0.8	0.91	0.95	0.94	0.78	0.84	-0.36	0.46	0.83	0.86	0.87	0.76
Retained Earnings	0.99	0.83	0.99	0.97		0.99	0.96	0.77	0.75	0.99	0.9	0.99	0.34	0.99	0.74	0.82	0.99	0.99	0.86	0.87	-0.48	0.62	0.9	0.91	0.89	0.86
Accounts Payable	1.0	0.78	0.99	0.99	0.99		0.97	0.76	0.74	1.0	0.88	1.0	0.28	0.99	0.75	0.87	0.97	0.96	0.83	0.84	-0.45	0.55	0.86	0.89	0.88	0.81
Cash	0.98	0.74	0.97	0.99	0.96	0.97		0.66	0.65	0.96	0.86	0.97	0.17	0.97	0.83	0.91	0.94	0.94	0.77	0.83	-0.38	0.49	0.82	0.85	0.87	0.75
Other Assets	0.74	0.81	0.73	0.69	0.77	0.76	0.66		0.84	0.78	0.77	0.76	0.62	0.76	0.41	0.6	0.81	0.75	0.81	0.57	-0.78	0.72	0.8	0.76	0.62	0.82
Long Term Debt	0.74	0.74	0.72	0.67	0.75	0.74	0.65	0.84		0.76	0.83	0.76	0.43	0.76	0.43	0.52	0.76	0.72	0.8	0.58	-0.8	0.72	0.74	0.79	0.67	0.82
Net Receivables	1.0	0.81	1.0	0.98	0.99	1.0	0.96	0.78	0.76		0.92	0.99	0.3	1.0	0.73	0.83	0.98	0.97	0.85	0.86	-0.5	0.61	0.9	0.91	0.89	0.85
Short Term Investments	0.91	0.87	0.91	0.84	0.9	0.88	0.86	0.77	0.83	0.92		0.89	0.38	0.93	0.66	0.64	0.93	0.9	0.87	0.81	-0.71	0.78	0.88	0.89	0.86	0.89
Inventory	1.0	0.77	0.99	0.99	0.99	1.0	0.97	0.76	0.76	0.99	0.89		0.26	0.99	0.75	0.87	0.97	0.95	0.83	0.83	-0.47	0.55	0.86	0.9	0.88	0.82
Other Current Assets	0.25	0.74	0.25	0.17	0.34	0.28	0.17	0.62	0.43	0.3	0.38	0.26		0.28	0.1	0.16	0.42	0.37	0.6	0.18	-0.62	0.79	0.43	0.31	0.14	0.55
Total Liab	1.0	0.81	1.0	0.98	0.99	0.99	0.97	0.76	0.76	1.0	0.93	0.99	0.28		0.74	0.82	0.98	0.97	0.84	0.87	-0.49	0.61	0.9	0.92	0.9	0.85
Intangible Assets	0.76	0.62	0.74	0.8	0.74	0.75	0.83	0.41	0.43	0.73	0.66	0.75	0.1	0.74		0.84	0.73	0.72	0.6	0.67	-0.21	0.37	0.57	0.58	0.66	0.5
Common Stock	0.85	0.6	0.83	0.91	0.82	0.87	0.91	0.6	0.52	0.83	0.64	0.87	0.16	0.82	0.84		0.8	0.78	0.66	0.63	-0.25	0.3	0.62	0.66	0.67	0.55
Property Plant Equipment	0.98	0.89	0.98	0.95	0.99	0.97	0.94	0.81	0.76	0.98	0.93	0.97	0.42	0.98	0.73	0.8		0.99	0.88	0.87	-0.55	0.71	0.92	0.91	0.87	0.9
Other Liab	0.97	0.85	0.97	0.94	0.99	0.96	0.94	0.75	0.72	0.97	0.9	0.95	0.37	0.97	0.72	0.78	0.99		0.85	0.88	-0.47	0.66	0.92	0.91	0.88	0.88
Good Will	0.83	0.9	0.82	0.78	0.86	0.83	0.77	0.81	0.8	0.85	0.87	0.83	0.6	0.84	0.6	0.66	0.88	0.85		0.79	-0.72	0.74	0.91	0.91	0.84	0.96
Net Tangible Assets	0.86	0.7	0.87	0.84	0.87	0.84	0.83	0.57	0.58	0.86	0.81	0.83	0.18	0.87	0.67	0.63	0.87	0.88	0.79		-0.3	0.48	0.91	0.9	0.96	0.82
Other Stockholder Equity	-0.46	-0.72	-0.45	-0.36	-0.48	-0.45	-0.38	-0.78	-0.8	-0.5	-0.71	-0.47	-0.62	-0.49	-0.21	-0.25	-0.55	-0.47	-0.72	-0.3		-0.8	-0.58	-0.58	-0.42	-0.72
Deferred Long Term Liab	0.57	0.92	0.58	0.46	0.62	0.55	0.49	0.72	0.72	0.61	0.78	0.55	0.79	0.61	0.37	0.3	0.71	0.66	0.74	0.48	-0.8		0.68	0.59	0.46	0.77
Long Term Investments	0.88	0.84	0.89	0.83	0.9	0.86	0.82	0.8	0.74	0.9	0.88	0.86	0.43	0.9	0.57	0.62	0.92	0.92	0.91	0.91	-0.58	0.68		0.96	0.91	0.96
Short Long Term Debt	0.9	0.78	0.91	0.86	0.91	0.89	0.85	0.76	0.79	0.91	0.89	0.9	0.31	0.92	0.58	0.66	0.91	0.91	0.91	0.9	-0.58	0.59	0.96		0.96	0.95
Total Current Assets	0.9	0.68	0.9	0.87	0.89	0.88	0.87	0.62	0.67	0.89	0.86	0.88	0.14	0.9	0.66	0.67	0.87	0.88	0.84	0.96	-0.42	0.46	0.91	0.96		0.86
Short Term Debt	0.83	0.89	0.83	0.76	0.86	0.81	0.75	0.82	0.82	0.85	0.89	0.82	0.55	0.85	0.5	0.55	0.9	0.88	0.96	0.82	-0.72	0.77	0.96	0.95	0.86

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Shanghai Pharmaceuticals Account Relationship Matchups

Shanghai Pharmaceuticals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	149.2B	163.4B	198.1B	212.0B	243.8B	256.0B
Other Current Liab	9.5B	9.7B	6.4B	6.3B	7.2B	7.6B
Total Current Liabilities	88.1B	91.8B	110.7B	122.4B	140.7B	147.8B
Total Stockholder Equity	45.4B	49.4B	67.1B	68.5B	78.8B	82.7B
Retained Earnings	26.9B	30.6B	34.6B	33.8B	38.9B	40.8B
Accounts Payable	37.8B	42.0B	51.6B	54.6B	62.8B	66.0B
Cash	22.3B	22.4B	27.4B	30.5B	35.1B	36.9B
Other Assets	2.9B	5.7B	2.8B	3.0B	3.5B	3.7B
Long Term Debt	1.2B	7.2B	6.3B	5.8B	6.7B	7.0B
Net Receivables	52.7B	58.1B	66.8B	72.9B	83.9B	88.1B
Inventory	24.1B	27.1B	34.5B	36.6B	42.1B	44.2B
Other Current Assets	4.3B	4.2B	1.4B	1.4B	1.6B	1.5B
Total Liab	94.4B	104.4B	120.1B	131.6B	151.4B	159.0B
Intangible Assets	5.4B	6.3B	6.6B	6.4B	7.3B	7.7B
Property Plant Equipment	10.6B	13.1B	14.6B	15.8B	18.2B	19.1B
Other Liab	2.1B	2.7B	3.6B	4.0B	4.5B	4.8B
Good Will	11.3B	11.2B	11.3B	11.4B	13.1B	7.3B
Net Tangible Assets	23.6B	26.9B	28.8B	32.1B	36.9B	28.6B
Other Stockholder Equity	(492.6M)	(542.2M)	(265.4M)	(144.4M)	(130.0M)	(136.5M)
Deferred Long Term Liab	606.4M	639.1M	688.3M	342.6M	394.0M	504.8M
Short Long Term Debt	20.1B	22.5B	27.8B	35.6B	40.9B	21.0B
Total Current Assets	107.6B	116.5B	149.5B	162.4B	186.8B	111.5B
Non Current Assets Total	41.6B	46.9B	48.6B	49.5B	57.0B	42.3B
Non Currrent Assets Other	12.6B	856.9M	443.8M	440.7M	506.8M	481.5M
Non Current Liabilities Total	6.3B	12.5B	9.4B	9.3B	10.7B	9.9B
Non Current Liabilities Other	170.4M	566.1M	257.3M	250.1M	287.7M	274.1M
Net Invested Capital	66.7B	79.0B	101.1B	109.9B	126.4B	86.3B
Net Working Capital	19.4B	24.7B	38.8B	40.1B	46.1B	29.9B
Property Plant And Equipment Net	14.2B	15.4B	16.2B	17.9B	20.6B	16.8B
Capital Lease Obligations	1.5B	1.4B	1.3B	1.6B	1.8B	1.5B
Property Plant And Equipment Gross	21.0B	22.9B	16.2B	17.9B	16.1B	15.5B

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Other Information on Investing in Shanghai Stock

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

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Shanghai Income Before Tax vs Other Operating Expenses Analysis

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Income Before Tax

Other Operating Expenses

Shanghai Pharmaceuticals fundamental ratios Correlations

Shanghai Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Pharmaceuticals fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Current Liabilities

Deferred Long Term Liab	- 0.8	Other Stockholder Equity
Other Stockholder Equity	- 0.8	Long Term Debt
Other Stockholder Equity	- 0.78	Other Assets
Short Term Debt	- 0.72	Other Stockholder Equity
Other Stockholder Equity	- 0.72	Good Will
Other Stockholder Equity	- 0.72	Other Current Liab