Shanghai Income Tax Expense vs Total Revenue 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 Tax Expense and its Total Revenue 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 Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Pharmaceuticals Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Pharmaceuticals' Income Tax Expense and Total Revenue is 0.98. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue 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 Tax Expense and Total Revenue 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 Tax Expense of Shanghai Pharmaceuticals Holding are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., Shanghai Pharmaceuticals' Income Tax Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Total Revenue

Total revenue comprises all receipts Shanghai Pharmaceuticals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Income8.8B9.6B11.0B11.5B
Total Revenue232.0B260.3B299.3B314.3B

Shanghai Pharmaceuticals fundamental ratios Correlations

0.791.00.990.991.00.980.740.741.00.911.00.251.00.760.850.980.970.830.86-0.460.570.880.90.90.83
0.790.790.720.830.780.740.810.740.810.870.770.740.810.620.60.890.850.90.7-0.720.920.840.780.680.89
1.00.790.980.990.990.970.730.721.00.910.990.251.00.740.830.980.970.820.87-0.450.580.890.910.90.83
0.990.720.980.970.990.990.690.670.980.840.990.170.980.80.910.950.940.780.84-0.360.460.830.860.870.76
0.990.830.990.970.990.960.770.750.990.90.990.340.990.740.820.990.990.860.87-0.480.620.90.910.890.86
1.00.780.990.990.990.970.760.741.00.881.00.280.990.750.870.970.960.830.84-0.450.550.860.890.880.81
0.980.740.970.990.960.970.660.650.960.860.970.170.970.830.910.940.940.770.83-0.380.490.820.850.870.75
0.740.810.730.690.770.760.660.840.780.770.760.620.760.410.60.810.750.810.57-0.780.720.80.760.620.82
0.740.740.720.670.750.740.650.840.760.830.760.430.760.430.520.760.720.80.58-0.80.720.740.790.670.82
1.00.811.00.980.991.00.960.780.760.920.990.31.00.730.830.980.970.850.86-0.50.610.90.910.890.85
0.910.870.910.840.90.880.860.770.830.920.890.380.930.660.640.930.90.870.81-0.710.780.880.890.860.89
1.00.770.990.990.991.00.970.760.760.990.890.260.990.750.870.970.950.830.83-0.470.550.860.90.880.82
0.250.740.250.170.340.280.170.620.430.30.380.260.280.10.160.420.370.60.18-0.620.790.430.310.140.55
1.00.811.00.980.990.990.970.760.761.00.930.990.280.740.820.980.970.840.87-0.490.610.90.920.90.85
0.760.620.740.80.740.750.830.410.430.730.660.750.10.740.840.730.720.60.67-0.210.370.570.580.660.5
0.850.60.830.910.820.870.910.60.520.830.640.870.160.820.840.80.780.660.63-0.250.30.620.660.670.55
0.980.890.980.950.990.970.940.810.760.980.930.970.420.980.730.80.990.880.87-0.550.710.920.910.870.9
0.970.850.970.940.990.960.940.750.720.970.90.950.370.970.720.780.990.850.88-0.470.660.920.910.880.88
0.830.90.820.780.860.830.770.810.80.850.870.830.60.840.60.660.880.850.79-0.720.740.910.910.840.96
0.860.70.870.840.870.840.830.570.580.860.810.830.180.870.670.630.870.880.79-0.30.480.910.90.960.82
-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
0.570.920.580.460.620.550.490.720.720.610.780.550.790.610.370.30.710.660.740.48-0.80.680.590.460.77
0.880.840.890.830.90.860.820.80.740.90.880.860.430.90.570.620.920.920.910.91-0.580.680.960.910.96
0.90.780.910.860.910.890.850.760.790.910.890.90.310.920.580.660.910.910.910.9-0.580.590.960.960.95
0.90.680.90.870.890.880.870.620.670.890.860.880.140.90.660.670.870.880.840.96-0.420.460.910.960.86
0.830.890.830.760.860.810.750.820.820.850.890.820.550.850.50.550.90.880.960.82-0.720.770.960.950.86
Click cells to compare fundamentals

Shanghai Pharmaceuticals Account Relationship Matchups

Shanghai Pharmaceuticals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets149.2B163.4B198.1B212.0B243.8B256.0B
Other Current Liab9.5B9.7B6.4B6.3B7.2B7.6B
Total Current Liabilities88.1B91.8B110.7B122.4B140.7B147.8B
Total Stockholder Equity45.4B49.4B67.1B68.5B78.8B82.7B
Retained Earnings26.9B30.6B34.6B33.8B38.9B40.8B
Accounts Payable37.8B42.0B51.6B54.6B62.8B66.0B
Cash22.3B22.4B27.4B30.5B35.1B36.9B
Other Assets2.9B5.7B2.8B3.0B3.5B3.7B
Long Term Debt1.2B7.2B6.3B5.8B6.7B7.0B
Net Receivables52.7B58.1B66.8B72.9B83.9B88.1B
Inventory24.1B27.1B34.5B36.6B42.1B44.2B
Other Current Assets4.3B4.2B1.4B1.4B1.6B1.5B
Total Liab94.4B104.4B120.1B131.6B151.4B159.0B
Intangible Assets5.4B6.3B6.6B6.4B7.3B7.7B
Property Plant Equipment10.6B13.1B14.6B15.8B18.2B19.1B
Other Liab2.1B2.7B3.6B4.0B4.5B4.8B
Good Will11.3B11.2B11.3B11.4B13.1B7.3B
Net Tangible Assets23.6B26.9B28.8B32.1B36.9B28.6B
Other Stockholder Equity(492.6M)(542.2M)(265.4M)(144.4M)(130.0M)(136.5M)
Deferred Long Term Liab606.4M639.1M688.3M342.6M394.0M504.8M
Short Long Term Debt20.1B22.5B27.8B35.6B40.9B21.0B
Total Current Assets107.6B116.5B149.5B162.4B186.8B111.5B
Non Current Assets Total41.6B46.9B48.6B49.5B57.0B42.3B
Non Currrent Assets Other12.6B856.9M443.8M440.7M506.8M481.5M
Non Current Liabilities Total6.3B12.5B9.4B9.3B10.7B9.9B
Non Current Liabilities Other170.4M566.1M257.3M250.1M287.7M274.1M
Net Invested Capital66.7B79.0B101.1B109.9B126.4B86.3B
Net Working Capital19.4B24.7B38.8B40.1B46.1B29.9B
Property Plant And Equipment Net14.2B15.4B16.2B17.9B20.6B16.8B
Capital Lease Obligations1.5B1.4B1.3B1.6B1.8B1.5B
Property Plant And Equipment Gross21.0B22.9B16.2B17.9B16.1B15.5B

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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.