China Income Before Tax vs Interest Income Analysis

601939 Stock

7.88 0.04 0.51%

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

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Construction Bank Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Construction's Income Before Tax and Interest Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of China Construction Bank, assuming nothing else is changed. The correlation between historical values of China Construction's Income Before Tax and Interest Income 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 China Construction Bank are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., China Construction's Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

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

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most indicators from China Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Construction Bank 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 China Construction Bank. 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.

The current year's Selling General Administrative is expected to grow to about 184.6 B. The current year's Tax Provision is expected to grow to about 66.3 B

	2023	2024 (projected)
Gross Profit	440.7B	384.6B
Total Revenue	768.6B	764.3B

Gross Profit Total Revenue

China Construction 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	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.06	1.0	0.99	0.99	0.99	0.88	0.99	0.4	-0.44	0.91	0.96	0.06	-0.53	-0.91	0.77	0.84	1.0	-0.91	0.62	0.81	0.78	0.81	-0.63	-0.48	0.72
Other Current Liab	0.06		0.08	0.11	0.11	0.07	0.24	0.02	0.19	0.45	0.37	0.15	0.75	-0.51	0.07	-0.28	-0.3	0.05	0.0	-0.44	0.58	-0.27	0.58	-0.7	0.3	0.22
Total Current Liabilities	1.0	0.08		0.99	0.99	1.0	0.87	0.99	0.44	-0.37	0.92	0.97	0.08	-0.53	-0.91	0.72	0.81	1.0	-0.92	0.63	0.83	0.73	0.83	-0.64	-0.44	0.75
Total Stockholder Equity	0.99	0.11	0.99		0.99	1.0	0.91	0.98	0.44	-0.37	0.94	0.97	0.08	-0.52	-0.93	0.72	0.83	0.99	-0.93	0.55	0.84	0.74	0.84	-0.65	-0.45	0.76
Other Liab	0.99	0.11	0.99	0.99		1.0	0.89	0.99	0.43	-0.36	0.93	0.97	0.09	-0.48	-0.9	0.7	0.8	0.99	-0.91	0.58	0.83	0.71	0.83	-0.62	-0.37	0.7
Net Tangible Assets	0.99	0.07	1.0	1.0	1.0		0.88	0.99	0.43	-0.38	0.93	0.97	0.07	-0.48	-0.91	0.71	0.82	0.99	-0.92	0.59	0.82	0.73	0.82	-0.61	-0.42	0.73
Retained Earnings	0.88	0.24	0.87	0.91	0.89	0.88		0.84	0.56	-0.16	0.84	0.92	0.05	-0.5	-0.9	0.54	0.72	0.88	-0.89	0.37	0.83	0.56	0.83	-0.7	-0.27	0.73
Accounts Payable	0.99	0.02	0.99	0.98	0.99	0.99	0.84		0.37	-0.45	0.89	0.95	0.05	-0.48	-0.88	0.76	0.81	0.99	-0.89	0.66	0.78	0.77	0.78	-0.58	-0.44	0.68
Cash	0.4	0.19	0.44	0.44	0.43	0.43	0.56	0.37		0.42	0.45	0.51	0.15	-0.36	-0.42	-0.06	0.16	0.4	-0.42	0.29	0.54	-0.06	0.54	-0.51	0.05	0.52
Other Assets	-0.44	0.45	-0.37	-0.37	-0.36	-0.38	-0.16	-0.45	0.42		-0.16	-0.19	0.24	0.18	0.32	-0.89	-0.58	-0.44	0.23	-0.45	-0.04	-0.88	-0.04	-0.04	0.66	0.05
Long Term Debt	0.91	0.37	0.92	0.94	0.93	0.93	0.84	0.89	0.45	-0.16		0.93	0.29	-0.56	-0.82	0.54	0.68	0.9	-0.85	0.33	0.92	0.56	0.92	-0.75	-0.34	0.79
Net Receivables	0.96	0.15	0.97	0.97	0.97	0.97	0.92	0.95	0.51	-0.19	0.93		0.08	-0.45	-0.93	0.57	0.78	0.95	-0.96	0.52	0.84	0.59	0.84	-0.64	-0.31	0.81
Good Will	0.06	0.75	0.08	0.08	0.09	0.07	0.05	0.05	0.15	0.24	0.29	0.08		-0.54	0.21	-0.18	-0.27	0.05	0.08	-0.35	0.53	-0.17	0.53	-0.65	0.24	0.13
Short Term Investments	-0.53	-0.51	-0.53	-0.52	-0.48	-0.48	-0.5	-0.48	-0.36	0.18	-0.56	-0.45	-0.54		0.38	-0.45	-0.24	-0.53	0.37	-0.22	-0.77	-0.45	-0.77	0.89	0.48	-0.57
Inventory	-0.91	0.07	-0.91	-0.93	-0.9	-0.91	-0.9	-0.88	-0.42	0.32	-0.82	-0.93	0.21	0.38		-0.69	-0.91	-0.91	0.98	-0.53	-0.68	-0.71	-0.68	0.5	0.53	-0.82
Other Current Assets	0.77	-0.28	0.72	0.72	0.7	0.71	0.54	0.76	-0.06	-0.89	0.54	0.57	-0.18	-0.45	-0.69		0.83	0.77	-0.61	0.58	0.42	1.0	0.42	-0.31	-0.8	0.38
Other Stockholder Equity	0.84	-0.3	0.81	0.83	0.8	0.82	0.72	0.81	0.16	-0.58	0.68	0.78	-0.27	-0.24	-0.91	0.83		0.84	-0.87	0.45	0.5	0.84	0.5	-0.31	-0.67	0.67
Total Liab	1.0	0.05	1.0	0.99	0.99	0.99	0.88	0.99	0.4	-0.44	0.9	0.95	0.05	-0.53	-0.91	0.77	0.84		-0.91	0.63	0.81	0.78	0.81	-0.62	-0.48	0.72
Deferred Long Term Liab	-0.91	0.0	-0.92	-0.93	-0.91	-0.92	-0.89	-0.89	-0.42	0.23	-0.85	-0.96	0.08	0.37	0.98	-0.61	-0.87	-0.91		-0.48	-0.73	-0.62	-0.73	0.53	0.42	-0.86
Long Term Investments	0.62	-0.44	0.63	0.55	0.58	0.59	0.37	0.66	0.29	-0.45	0.33	0.52	-0.35	-0.22	-0.53	0.58	0.45	0.63	-0.48		0.23	0.57	0.23	-0.07	-0.36	0.27
Short Long Term Debt	0.81	0.58	0.83	0.84	0.83	0.82	0.83	0.78	0.54	-0.04	0.92	0.84	0.53	-0.77	-0.68	0.42	0.5	0.81	-0.73	0.23		0.44	1.0	-0.94	-0.25	0.77
Total Current Assets	0.78	-0.27	0.73	0.74	0.71	0.73	0.56	0.77	-0.06	-0.88	0.56	0.59	-0.17	-0.45	-0.71	1.0	0.84	0.78	-0.62	0.57	0.44		0.44	-0.33	-0.8	0.41
Short Term Debt	0.81	0.58	0.83	0.84	0.83	0.82	0.83	0.78	0.54	-0.04	0.92	0.84	0.53	-0.77	-0.68	0.42	0.5	0.81	-0.73	0.23	1.0	0.44		-0.94	-0.25	0.77
Intangible Assets	-0.63	-0.7	-0.64	-0.65	-0.62	-0.61	-0.7	-0.58	-0.51	-0.04	-0.75	-0.64	-0.65	0.89	0.5	-0.31	-0.31	-0.62	0.53	-0.07	-0.94	-0.33	-0.94		0.26	-0.69
Common Stock	-0.48	0.3	-0.44	-0.45	-0.37	-0.42	-0.27	-0.44	0.05	0.66	-0.34	-0.31	0.24	0.48	0.53	-0.8	-0.67	-0.48	0.42	-0.36	-0.25	-0.8	-0.25	0.26		-0.49
Property Plant Equipment	0.72	0.22	0.75	0.76	0.7	0.73	0.73	0.68	0.52	0.05	0.79	0.81	0.13	-0.57	-0.82	0.38	0.67	0.72	-0.86	0.27	0.77	0.41	0.77	-0.69	-0.49

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China Construction Account Relationship Matchups

China Construction fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.4T	28.1T	30.3T	34.6T	38.3T	29.5T
Other Current Liab	432.5B	466.5B	368.2B	387.3B	348.6B	344.9B
Total Current Liabilities	22.0T	24.6T	26.3T	28.1T	32.3T	24.1T
Total Stockholder Equity	2.2T	2.4T	2.6T	2.9T	3.2T	2.4T
Other Liab	355.1B	426.5B	496.9B	618.6B	711.4B	375.9B
Net Tangible Assets	2.1T	2.3T	2.5T	2.8T	3.2T	2.2T
Retained Earnings	1.7T	1.9T	2.1T	2.3T	1.7T	1.8T
Accounts Payable	19.8T	22.3T	24.0T	27.6T	31.7T	22.3T
Cash	6.2T	3.7T	27.5T	3.9T	3.9T	3.8T
Other Assets	15.0T	16.6T	18.6T	371.2B	334.0B	317.3B
Net Receivables	11.3B	18.6B	22.4B	23.7B	27.3B	15.5B
Good Will	2.8B	2.2B	2.1B	2.3B	2.5B	2.0B
Inventory	1.9B	1.2B	797M	668M	601.2M	571.1M
Other Current Assets	2.2T	2.5T	2.4T	21.0T	24.2T	25.4T
Other Stockholder Equity	72.0B	55.0B	61.3B	100.8B	115.9B	121.7B
Total Liab	23.2T	25.7T	27.6T	31.7T	35.2T	27.0T
Deferred Long Term Liab	6.4B	4.3B	3.9B	4.1B	3.7B	4.4B
Long Term Investments	721.4B	5.2T	7.7T	6.6T	9.7T	5.4T
Total Current Assets	4.2T	4.5T	4.0T	26.0T	30.0T	31.5T
Intangible Assets	4.5B	5.3B	5.9B	6.5B	6.5B	4.9B
Property Plant Equipment	195.2B	198.5B	194.7B	167.0B	192.0B	195.8B
Net Invested Capital	3.7T	3.6T	4.2T	4.8T	5.4T	4.3T

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Other Information on Investing in China Stock

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

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China Income Before Tax vs Interest Income Analysis

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Interest Income

China Construction fundamental ratios Correlations

China Construction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Construction fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Other Liab

Deferred Long Term Liab	- 0.96	Net Receivables
Intangible Assets	- 0.94	Short Term Debt
Intangible Assets	- 0.94	Short Long Term Debt
Inventory	- 0.93	Net Receivables
Deferred Long Term Liab	- 0.93	Total Stockholder Equity
Inventory	- 0.93	Total Stockholder Equity