Xiamen Operating Income vs Income Before Tax Analysis

603180 Stock

20.71 0.01 0.05%

Xiamen Goldenhome financial indicator trend analysis is more than just analyzing Xiamen Goldenhome current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Goldenhome is a good investment. Please check the relationship between Xiamen Goldenhome 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 Xiamen Goldenhome Co. 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 Xiamen Goldenhome Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.

The correlation between Xiamen Goldenhome's Operating Income and Income Before Tax is 1.0. 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 Xiamen Goldenhome Co, assuming nothing else is changed. The correlation between historical values of Xiamen Goldenhome'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 Xiamen Goldenhome Co 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., Xiamen Goldenhome's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from Xiamen Goldenhome 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 Xiamen Goldenhome Co 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 Xiamen Goldenhome income statement and is an important metric when analyzing Xiamen Goldenhome 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 Xiamen Goldenhome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Goldenhome 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 Xiamen Goldenhome Co. 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 Tax Provision is expected to grow to about 20.2 M, whereas Selling General Administrative is forecasted to decline to about 355.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	335.2M	275.5M	276.1M	193.1M
Total Revenue	3.4B	3.6B	3.6B	2.0B

Operating Income Total Revenue

Xiamen Goldenhome fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.18	1.0	0.99	0.94	0.99	0.88	0.86	0.99	0.92	0.98	0.88	0.12	0.99	0.95	0.98	0.99	0.96	0.99	0.88	0.99	0.85	0.93	0.73	0.93	0.74
Other Current Liab	0.18		0.22	0.23	0.4	0.24	0.43	0.48	0.26	-0.05	0.22	0.3	0.27	0.11	-0.02	0.1	0.26	0.31	0.23	0.21	0.17	-0.13	0.36	0.41	0.15	0.58
Total Current Liabilities	1.0	0.22		1.0	0.94	1.0	0.91	0.86	0.99	0.91	0.97	0.91	0.11	0.98	0.93	0.98	1.0	0.97	0.99	0.86	0.99	0.86	0.93	0.74	0.94	0.77
Total Stockholder Equity	0.99	0.23	1.0		0.95	1.0	0.91	0.87	0.99	0.9	0.97	0.91	0.15	0.97	0.92	0.97	0.99	0.97	1.0	0.86	0.99	0.86	0.94	0.75	0.94	0.79
Other Liab	0.94	0.4	0.94	0.95		0.96	0.92	0.86	0.96	0.79	0.94	0.84	0.32	0.91	0.87	0.87	0.96	0.96	0.94	0.78	0.91	0.71	0.91	0.81	0.87	0.87
Retained Earnings	0.99	0.24	1.0	1.0	0.96		0.92	0.88	0.99	0.91	0.97	0.91	0.16	0.98	0.93	0.96	1.0	0.97	0.99	0.87	0.99	0.85	0.94	0.76	0.93	0.79
Accounts Payable	0.88	0.43	0.91	0.91	0.92	0.92		0.94	0.91	0.76	0.85	0.96	0.15	0.84	0.76	0.83	0.91	0.92	0.9	0.78	0.87	0.81	0.96	0.85	0.93	0.85
Cash	0.86	0.48	0.86	0.87	0.86	0.88	0.94		0.85	0.79	0.83	0.92	0.17	0.83	0.75	0.79	0.88	0.84	0.86	0.87	0.86	0.73	0.96	0.83	0.89	0.72
Other Assets	0.99	0.26	0.99	0.99	0.96	0.99	0.91	0.85		0.87	0.97	0.9	0.13	0.97	0.91	0.97	0.99	0.97	0.99	0.83	0.97	0.84	0.93	0.71	0.93	0.81
Net Receivables	0.92	-0.05	0.91	0.9	0.79	0.91	0.76	0.79	0.87		0.86	0.82	-0.04	0.93	0.91	0.9	0.9	0.81	0.9	0.94	0.93	0.86	0.84	0.58	0.88	0.57
Short Term Investments	0.98	0.22	0.97	0.97	0.94	0.97	0.85	0.83	0.97	0.86		0.82	0.12	0.98	0.95	0.95	0.97	0.96	0.98	0.82	0.96	0.78	0.91	0.74	0.88	0.73
Inventory	0.88	0.3	0.91	0.91	0.84	0.91	0.96	0.92	0.9	0.82	0.82		0.08	0.84	0.75	0.87	0.9	0.87	0.9	0.8	0.89	0.9	0.96	0.74	0.97	0.75
Other Current Assets	0.12	0.27	0.11	0.15	0.32	0.16	0.15	0.17	0.13	-0.04	0.12	0.08		0.08	0.17	0.06	0.17	0.15	0.14	-0.05	0.13	-0.03	0.1	0.31	0.08	0.22
Total Liab	0.99	0.11	0.98	0.97	0.91	0.98	0.84	0.83	0.97	0.93	0.98	0.84	0.08		0.98	0.97	0.98	0.94	0.98	0.88	0.98	0.84	0.9	0.7	0.91	0.67
Intangible Assets	0.95	-0.02	0.93	0.92	0.87	0.93	0.76	0.75	0.91	0.91	0.95	0.75	0.17	0.98		0.92	0.93	0.89	0.93	0.82	0.94	0.8	0.82	0.69	0.85	0.57
Common Stock	0.98	0.1	0.98	0.97	0.87	0.96	0.83	0.79	0.97	0.9	0.95	0.87	0.06	0.97	0.92		0.96	0.93	0.98	0.82	0.98	0.89	0.9	0.63	0.92	0.68
Property Plant Equipment	0.99	0.26	1.0	0.99	0.96	1.0	0.91	0.88	0.99	0.9	0.97	0.9	0.17	0.98	0.93	0.96		0.97	0.99	0.87	0.99	0.83	0.94	0.76	0.93	0.78
Long Term Debt	0.96	0.31	0.97	0.97	0.96	0.97	0.92	0.84	0.97	0.81	0.96	0.87	0.15	0.94	0.89	0.93	0.97		0.97	0.78	0.94	0.79	0.91	0.82	0.89	0.82
Net Tangible Assets	0.99	0.23	0.99	1.0	0.94	0.99	0.9	0.86	0.99	0.9	0.98	0.9	0.14	0.98	0.93	0.98	0.99	0.97		0.86	0.99	0.85	0.94	0.73	0.93	0.77
Other Stockholder Equity	0.88	0.21	0.86	0.86	0.78	0.87	0.78	0.87	0.83	0.94	0.82	0.8	-0.05	0.88	0.82	0.82	0.87	0.78	0.86		0.88	0.72	0.84	0.62	0.82	0.6
Deferred Long Term Liab	0.99	0.17	0.99	0.99	0.91	0.99	0.87	0.86	0.97	0.93	0.96	0.89	0.13	0.98	0.94	0.98	0.99	0.94	0.99	0.88		0.87	0.93	0.71	0.93	0.71
Short Long Term Debt	0.85	-0.13	0.86	0.86	0.71	0.85	0.81	0.73	0.84	0.86	0.78	0.9	-0.03	0.84	0.8	0.89	0.83	0.79	0.85	0.72	0.87		0.85	0.59	0.95	0.53
Total Current Assets	0.93	0.36	0.93	0.94	0.91	0.94	0.96	0.96	0.93	0.84	0.91	0.96	0.1	0.9	0.82	0.9	0.94	0.91	0.94	0.84	0.93	0.85		0.8	0.97	0.78
Short Term Debt	0.73	0.41	0.74	0.75	0.81	0.76	0.85	0.83	0.71	0.58	0.74	0.74	0.31	0.7	0.69	0.63	0.76	0.82	0.73	0.62	0.71	0.59	0.8		0.72	0.62
Non Current Assets Total	0.93	0.15	0.94	0.94	0.87	0.93	0.93	0.89	0.93	0.88	0.88	0.97	0.08	0.91	0.85	0.92	0.93	0.89	0.93	0.82	0.93	0.95	0.97	0.72		0.72
Non Currrent Assets Other	0.74	0.58	0.77	0.79	0.87	0.79	0.85	0.72	0.81	0.57	0.73	0.75	0.22	0.67	0.57	0.68	0.78	0.82	0.77	0.6	0.71	0.53	0.78	0.62	0.72

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Xiamen Goldenhome Account Relationship Matchups

Xiamen Goldenhome fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.5B	4.5B	4.9B	6.0B	6.3B
Other Current Liab	460.1M	632.4M	778.8M	48.9M	53.4M	50.7M
Total Current Liabilities	1.1B	1.6B	2.0B	2.2B	2.4B	2.5B
Total Stockholder Equity	1.2B	1.8B	2.4B	2.6B	2.8B	2.9B
Other Liab	41.5M	36.4M	61.6M	52.0M	59.8M	62.8M
Retained Earnings	680.1M	912.0M	1.2B	1.3B	1.4B	1.4B
Accounts Payable	520.6M	729.9M	748.3M	834.1M	835.7M	485.6M
Cash	661.9M	467.9M	760.0M	596.5M	788.2M	422.8M
Other Assets	104.6M	118.5M	253.4M	287.4M	330.6M	347.1M
Net Receivables	109.0M	52.1M	89.8M	146.7M	150.9M	158.4M
Short Term Investments	479.5M	904.1M	956.8M	821.5M	1.4B	1.4B
Inventory	242.9M	299.3M	471.1M	528.1M	498.4M	258.8M
Other Current Assets	35.1M	61.9M	78.6M	42.5M	41.8M	72.2M
Total Liab	1.5B	1.7B	2.1B	2.3B	3.2B	3.4B
Intangible Assets	124.3M	125.2M	126.6M	180.6M	294.4M	309.1M
Common Stock	67.5M	67.2M	103.3M	154.4M	177.5M	186.4M
Property Plant Equipment	683.8M	851.1M	1.1B	1.5B	1.7B	1.8B
Net Tangible Assets	1.1B	1.7B	2.3B	2.3B	2.7B	2.8B
Other Stockholder Equity	(82.5K)	61.4M	17.2M	46.0M	52.9M	55.5M
Deferred Long Term Liab	33.3M	41.8M	44.6M	76.0M	87.4M	91.8M
Total Current Assets	1.5B	1.9B	2.5B	2.3B	3.0B	1.7B
Non Current Assets Total	1.1B	1.6B	2.0B	2.6B	3.0B	1.7B
Non Currrent Assets Other	70.2M	198.4M	131.2M	136.8M	65.3M	97.4M
Non Current Liabilities Total	359.5M	62.6M	79.9M	74.5M	844.5M	886.7M
Common Stock Shares Outstanding	131.7M	144.6M	154.4M	154.3M	154.3M	157.6M
Net Invested Capital	1.6B	2.0B	2.7B	3.3B	4.2B	2.5B
Net Working Capital	425.7M	294.4M	459.7M	64.3M	619.8M	356.0M
Capital Stock	67.2M	103.3M	154.4M	154.3M	154.3M	128.5M
Non Current Liabilities Other	323.0M	19.5M	4.5M	4.9M	1.6M	1.5M

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Other Information on Investing in Xiamen Stock

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

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Xiamen 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

Xiamen Goldenhome fundamental ratios Correlations

Xiamen Goldenhome Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiamen Goldenhome fundamental ratios Accounts

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Other Information on Investing in Xiamen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Total Stockholder Equity

Short Long Term Debt	- 0.13	Other Current Liab
Other Stockholder Equity	- 0.05	Other Current Assets
Net Receivables	- 0.05	Other Current Liab
Other Current Assets	- 0.04	Net Receivables
Short Long Term Debt	- 0.03	Other Current Assets
Intangible Assets	- 0.02	Other Current Liab