Zhangjiagang Total Revenue vs Income Before Tax Analysis

603221 Stock   9.55  0.29  2.95%   
Zhangjiagang Elegant financial indicator trend analysis is more than just analyzing Zhangjiagang Elegant Home current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhangjiagang Elegant Home is a good investment. Please check the relationship between Zhangjiagang Elegant Total Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhangjiagang Elegant Home. 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.

Total Revenue vs Income Before Tax

Total Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhangjiagang Elegant Home Total Revenue account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zhangjiagang Elegant's Total Revenue and Income Before Tax is -0.01. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Zhangjiagang Elegant Home, assuming nothing else is changed. The correlation between historical values of Zhangjiagang Elegant's Total Revenue 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 Total Revenue of Zhangjiagang Elegant Home 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 Total Revenue i.e., Zhangjiagang Elegant's Total Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Zhangjiagang Elegant Home 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Zhangjiagang Elegant income statement and is an important metric when analyzing Zhangjiagang Elegant Home 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 Zhangjiagang Elegant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhangjiagang Elegant Home 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 Zhangjiagang Elegant Home. 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 34.3 M, whereas Tax Provision is forecasted to decline to about 3.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit27.3M217.9M196.1M175.9M
Total Revenue799.0M1.2B1.1B866.1M

Zhangjiagang Elegant fundamental ratios Correlations

-0.680.820.980.720.940.90.91-0.510.70.84-0.70.880.790.810.980.990.630.620.970.960.96-0.870.82
-0.68-0.49-0.68-0.59-0.72-0.59-0.730.1-0.31-0.630.59-0.55-0.32-0.68-0.65-0.72-0.58-0.33-0.65-0.74-0.730.79-0.62
0.82-0.490.680.270.770.710.78-0.440.870.76-0.790.990.570.70.770.790.70.360.770.810.82-0.760.76
0.98-0.680.680.80.930.920.86-0.520.590.84-0.640.750.830.80.980.980.520.710.970.910.9-0.830.73
0.72-0.590.270.80.650.710.63-0.260.380.48-0.280.380.650.580.720.740.410.590.720.640.65-0.570.53
0.94-0.720.770.930.650.890.87-0.60.640.92-0.850.810.750.940.930.970.490.710.920.880.87-0.830.71
0.9-0.590.710.920.710.890.75-0.580.70.93-0.720.720.930.830.910.930.50.850.910.760.76-0.710.53
0.91-0.730.780.860.630.870.75-0.430.630.76-0.690.840.610.750.920.90.80.470.930.960.96-0.960.9
-0.510.1-0.44-0.52-0.26-0.6-0.58-0.43-0.51-0.60.69-0.44-0.71-0.67-0.54-0.56-0.17-0.8-0.55-0.36-0.350.2-0.33
0.7-0.310.870.590.380.640.70.63-0.510.63-0.720.850.650.660.650.690.670.470.650.610.64-0.530.61
0.84-0.630.760.840.480.920.930.76-0.60.63-0.860.750.810.890.860.880.450.790.860.740.72-0.740.49
-0.70.59-0.79-0.64-0.28-0.85-0.72-0.690.69-0.72-0.86-0.77-0.58-0.93-0.67-0.75-0.46-0.64-0.68-0.64-0.630.62-0.53
0.88-0.550.990.750.380.810.720.84-0.440.850.75-0.770.580.720.830.840.730.370.820.880.89-0.810.84
0.79-0.320.570.830.650.750.930.61-0.710.650.81-0.580.580.690.830.820.370.910.830.60.6-0.50.4
0.81-0.680.70.80.580.940.830.75-0.670.660.89-0.930.720.690.790.860.410.760.790.720.71-0.680.56
0.98-0.650.770.980.720.930.910.92-0.540.650.86-0.670.830.830.790.980.630.671.00.930.93-0.860.78
0.99-0.720.790.980.740.970.930.9-0.560.690.88-0.750.840.820.860.980.610.70.970.930.93-0.860.78
0.63-0.580.70.520.410.490.50.8-0.170.670.45-0.460.730.370.410.630.610.150.650.720.74-0.760.81
0.62-0.330.360.710.590.710.850.47-0.80.470.79-0.640.370.910.760.670.70.150.670.410.4-0.340.19
0.97-0.650.770.970.720.920.910.93-0.550.650.86-0.680.820.830.791.00.970.650.670.930.93-0.870.79
0.96-0.740.810.910.640.880.760.96-0.360.610.74-0.640.880.60.720.930.930.720.410.931.0-0.950.92
0.96-0.730.820.90.650.870.760.96-0.350.640.72-0.630.890.60.710.930.930.740.40.931.0-0.940.93
-0.870.79-0.76-0.83-0.57-0.83-0.71-0.960.2-0.53-0.740.62-0.81-0.5-0.68-0.86-0.86-0.76-0.34-0.87-0.95-0.94-0.84
0.82-0.620.760.730.530.710.530.9-0.330.610.49-0.530.840.40.560.780.780.810.190.790.920.93-0.84
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Zhangjiagang Elegant Account Relationship Matchups

Zhangjiagang Elegant fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B1.9B2.0B2.2B2.6B1.6B
Other Current Liab5.6M1.6M1.8M2.8M2.5M3.1M
Total Current Liabilities293.8M385.9M410.0M510.5M587.1M391.5M
Total Stockholder Equity1.5B1.4B1.4B1.5B1.7B1.1B
Retained Earnings460.3M440.8M398.0M465.4M535.3M414.4M
Accounts Payable229.1M259.3M266.4M234.0M269.1M195.8M
Cash381.3M385.9M211.1M347.1M399.1M274.7M
Non Current Assets Total633.1M1.0B1.4B1.4B1.6B1.6B
Non Currrent Assets Other2.5M30.0M19.9M21.8M19.6M16.8M
Net Receivables189.2M163.6M132.1M273.2M314.2M203.5M
Non Current Liabilities Total25.4M23.1M105.6M111.1M127.8M134.2M
Inventory231.9M265.3M198.3M201.9M232.2M212.5M
Other Current Assets20.9M20.0M11.3M11.5M10.3M9.8M
Total Liab319.2M409.0M515.6M621.7M714.9M429.8M
Total Current Assets1.1B861.2M597.8M861.1M990.3M799.5M
Intangible Assets98.6M98.8M94.5M87.9M101.1M84.6M
Net Invested Capital1.5B1.5B1.5B1.7B2.0B1.3B
Short Long Term Debt20.0M94.2M111.2M232.6M267.5M280.9M
Net Working Capital844.4M475.3M187.8M350.6M403.2M408.4M
Property Plant And Equipment Net525.5M869.8M1.3B1.2B1.3B902.8M
Property Plant And Equipment Gross696.9M1.1B1.5B1.5B1.8B1.2B

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Other Information on Investing in Zhangjiagang Stock

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