Tianjin Income Before Tax vs Cost Of Revenue Analysis

603969 Stock

6.08 0.02 0.33%

Tianjin Silvery financial indicator trend analysis is much more than just breaking down Tianjin Silvery Dragon prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Silvery Dragon is a good investment. Please check the relationship between Tianjin Silvery Income Before Tax and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Silvery Dragon. 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 Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Silvery Dragon Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tianjin Silvery's Income Before Tax and Cost Of Revenue is 0.64. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tianjin Silvery Dragon, assuming nothing else is changed. The correlation between historical values of Tianjin Silvery's Income Before Tax and Cost Of 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 Before Tax of Tianjin Silvery Dragon are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Tianjin Silvery's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Income Before Tax

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

Cost Of Revenue

Cost of Revenue is found on Tianjin Silvery Dragon income statement and represents the costs associated with goods and services Tianjin Silvery provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Tianjin Silvery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Silvery Dragon 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 Tianjin Silvery Dragon. 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 81.7 M, whereas Tax Provision is forecasted to decline to about 23 M.

	2022	2023	2024	2025 (projected)
Operating Income	157.6M	223.7M	257.2M	192.7M
Total Revenue	2.5B	2.7B	3.2B	2.4B

Operating Income Total Revenue

Tianjin Silvery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Good Will	Short Term Investments	Non Current Liabilities Total	Common Stock Shares Outstanding
Total Assets		-0.27	0.88	0.96	-0.39	0.92	0.54	0.75	0.99	0.93	0.38	0.88	0.91	0.97	0.89	0.98	0.91	-0.06	0.96	0.96	0.93	-0.89	0.77	0.15	0.3	0.45
Other Current Liab	-0.27		-0.11	-0.33	-0.16	-0.13	-0.19	-0.16	-0.28	-0.15	0.39	-0.11	-0.04	-0.29	-0.12	-0.25	-0.38	0.04	-0.27	-0.34	-0.36	0.42	-0.33	0.09	0.15	-0.44
Total Current Liabilities	0.88	-0.11		0.72	-0.46	0.94	0.25	0.43	0.9	0.87	0.36	1.0	0.73	0.85	0.78	0.8	0.83	-0.03	0.85	0.93	0.9	-0.85	0.68	0.3	0.38	0.39
Total Stockholder Equity	0.96	-0.33	0.72		-0.32	0.8	0.65	0.85	0.93	0.87	0.35	0.71	0.92	0.93	0.86	0.98	0.86	-0.07	0.92	0.88	0.85	-0.81	0.74	0.04	0.2	0.44
Other Liab	-0.39	-0.16	-0.46	-0.32		-0.39	-0.21	-0.2	-0.34	-0.49	-0.22	-0.44	-0.4	-0.32	-0.29	-0.36	-0.39	-0.01	-0.31	-0.39	-0.38	0.39	-0.37	0.02	-0.09	-0.26
Accounts Payable	0.92	-0.13	0.94	0.8	-0.39		0.43	0.56	0.94	0.81	0.54	0.95	0.77	0.91	0.84	0.85	0.81	-0.06	0.9	0.92	0.87	-0.8	0.65	0.31	0.5	0.27
Cash	0.54	-0.19	0.25	0.65	-0.21	0.43		0.56	0.46	0.33	0.23	0.26	0.64	0.6	0.54	0.58	0.38	-0.22	0.42	0.41	0.38	-0.34	0.36	-0.03	0.27	0.11
Other Assets	0.75	-0.16	0.43	0.85	-0.2	0.56	0.56		0.72	0.67	0.37	0.42	0.77	0.66	0.66	0.78	0.61	0.27	0.7	0.61	0.61	-0.49	0.44	-0.08	-0.02	0.36
Net Receivables	0.99	-0.28	0.9	0.93	-0.34	0.94	0.46	0.72		0.9	0.42	0.9	0.87	0.96	0.9	0.94	0.89	-0.06	0.98	0.96	0.93	-0.86	0.72	0.18	0.32	0.43
Inventory	0.93	-0.15	0.87	0.87	-0.49	0.81	0.33	0.67	0.9		0.26	0.86	0.83	0.86	0.77	0.93	0.93	0.05	0.88	0.93	0.91	-0.88	0.85	-0.01	0.13	0.54
Other Current Assets	0.38	0.39	0.36	0.35	-0.22	0.54	0.23	0.37	0.42	0.26		0.36	0.42	0.42	0.51	0.36	0.15	-0.03	0.49	0.27	0.21	-0.1	0.13	0.12	0.38	-0.34
Total Liab	0.88	-0.11	1.0	0.71	-0.44	0.95	0.26	0.42	0.9	0.86	0.36		0.72	0.85	0.78	0.8	0.83	-0.04	0.85	0.93	0.89	-0.85	0.68	0.31	0.42	0.37
Intangible Assets	0.91	-0.04	0.73	0.92	-0.4	0.77	0.64	0.77	0.87	0.83	0.42	0.72		0.88	0.94	0.91	0.72	-0.21	0.86	0.79	0.77	-0.72	0.59	0.19	0.23	0.34
Common Stock	0.97	-0.29	0.85	0.93	-0.32	0.91	0.6	0.66	0.96	0.86	0.42	0.85	0.88		0.93	0.94	0.85	-0.21	0.96	0.93	0.9	-0.84	0.74	0.18	0.31	0.35
Property Plant Equipment	0.89	-0.12	0.78	0.86	-0.29	0.84	0.54	0.66	0.9	0.77	0.51	0.78	0.94	0.93		0.85	0.68	-0.33	0.92	0.81	0.8	-0.7	0.51	0.34	0.25	0.28
Retained Earnings	0.98	-0.25	0.8	0.98	-0.36	0.85	0.58	0.78	0.94	0.93	0.36	0.8	0.91	0.94	0.85		0.92	-0.05	0.93	0.93	0.89	-0.87	0.83	0.01	0.26	0.45
Net Tangible Assets	0.91	-0.38	0.83	0.86	-0.39	0.81	0.38	0.61	0.89	0.93	0.15	0.83	0.72	0.85	0.68	0.92		0.05	0.85	0.96	0.94	-0.91	0.91	-0.08	0.17	0.67
Deferred Long Term Liab	-0.06	0.04	-0.03	-0.07	-0.01	-0.06	-0.22	0.27	-0.06	0.05	-0.03	-0.04	-0.21	-0.21	-0.33	-0.05	0.05		-0.15	-0.03	0.0	0.09	0.0	-0.25	-0.26	0.11
Long Term Investments	0.96	-0.27	0.85	0.92	-0.31	0.9	0.42	0.7	0.98	0.88	0.49	0.85	0.86	0.96	0.92	0.93	0.85	-0.15		0.92	0.89	-0.83	0.72	0.14	0.27	0.38
Total Current Assets	0.96	-0.34	0.93	0.88	-0.39	0.92	0.41	0.61	0.96	0.93	0.27	0.93	0.79	0.93	0.81	0.93	0.96	-0.03	0.92		0.97	-0.94	0.82	0.14	0.31	0.54
Non Current Assets Total	0.93	-0.36	0.9	0.85	-0.38	0.87	0.38	0.61	0.93	0.91	0.21	0.89	0.77	0.9	0.8	0.89	0.94	0.0	0.89	0.97		-0.88	0.77	0.11	0.11	0.65
Non Currrent Assets Other	-0.89	0.42	-0.85	-0.81	0.39	-0.8	-0.34	-0.49	-0.86	-0.88	-0.1	-0.85	-0.72	-0.84	-0.7	-0.87	-0.91	0.09	-0.83	-0.94	-0.88		-0.85	-0.15	-0.3	-0.51
Good Will	0.77	-0.33	0.68	0.74	-0.37	0.65	0.36	0.44	0.72	0.85	0.13	0.68	0.59	0.74	0.51	0.83	0.91	0.0	0.72	0.82	0.77	-0.85		-0.29	0.17	0.48
Short Term Investments	0.15	0.09	0.3	0.04	0.02	0.31	-0.03	-0.08	0.18	-0.01	0.12	0.31	0.19	0.18	0.34	0.01	-0.08	-0.25	0.14	0.14	0.11	-0.15	-0.29		0.44	-0.17
Non Current Liabilities Total	0.3	0.15	0.38	0.2	-0.09	0.5	0.27	-0.02	0.32	0.13	0.38	0.42	0.23	0.31	0.25	0.26	0.17	-0.26	0.27	0.31	0.11	-0.3	0.17	0.44		-0.29
Common Stock Shares Outstanding	0.45	-0.44	0.39	0.44	-0.26	0.27	0.11	0.36	0.43	0.54	-0.34	0.37	0.34	0.35	0.28	0.45	0.67	0.11	0.38	0.54	0.65	-0.51	0.48	-0.17	-0.29

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Tianjin Silvery Account Relationship Matchups

Tianjin Silvery fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.7B	3.1B	3.2B	3.4B	3.9B	2.4B
Other Current Liab	25.9M	17.4M	49.4M	1.5M	1.4M	1.3M
Total Current Liabilities	764.1M	1.0B	1.1B	1.1B	1.2B	704.8M
Total Stockholder Equity	1.9B	2.0B	2.1B	2.3B	2.6B	1.6B
Other Liab	22.8M	21.2M	20.0M	18.7M	16.9M	18.7M
Accounts Payable	412.4M	614.0M	867.3M	567.0M	652.0M	379.1M
Cash	248.8M	352.2M	320.1M	225.1M	258.9M	253.4M
Other Assets	57.2M	47.5M	47.2M	95.3M	109.6M	58.8M
Net Receivables	1.0B	1.3B	1.3B	1.4B	1.6B	996.2M
Inventory	375.8M	373.9M	399.0M	486.3M	559.2M	303.8M
Other Current Assets	167.7M	109.2M	256.8M	35.5M	40.8M	38.8M
Total Liab	785.3M	1.1B	1.1B	1.1B	1.3B	743.0M
Intangible Assets	93.7M	91.4M	89.1M	92.1M	106.0M	79.2M
Property Plant Equipment	414.2M	374.5M	327.9M	318.8M	366.6M	304.1M
Retained Earnings	809.2M	897.2M	1.0B	986.4M	1.1B	658.7M
Net Tangible Assets	1.7B	1.8B	1.9B	2.0B	2.3B	1.9B
Deferred Long Term Liab	21.3M	12.4M	10.3M	48.1M	43.3M	21.9M
Total Current Assets	2.1B	2.5B	2.6B	2.7B	3.1B	2.3B
Non Current Assets Total	608.2M	593.3M	653.6M	688.3M	791.5M	658.8M
Non Currrent Assets Other	9.0M	6.5M	10.3M	5.1M	4.6M	9.0M
Short Term Investments	379.1M	31.1M	16.8M	18.8M	16.9M	16.0M
Non Current Liabilities Total	21.2M	81.4M	63.7M	19.0M	21.9M	20.8M
Other Stockholder Equity	23.6M	33.2M	42.6M	53.5M	61.5M	31.7M
Net Invested Capital	2.2B	2.4B	2.3B	2.5B	2.9B	2.4B
Short Long Term Debt	254.9M	347.6M	109.7M	262.1M	301.4M	274.4M
Net Working Capital	1.3B	1.5B	1.5B	1.6B	1.8B	1.5B
Property Plant And Equipment Net	375.3M	327.9M	318.8M	303.8M	273.4M	278.5M
Property Plant And Equipment Gross	617.5M	618.0M	318.8M	656.0M	590.4M	451.0M

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Other Information on Investing in Tianjin Stock

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

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Tianjin Income Before Tax vs Cost Of Revenue Analysis

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Income Before Tax

Cost Of Revenue

Tianjin Silvery fundamental ratios Correlations

Tianjin Silvery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tianjin Silvery fundamental ratios Accounts

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Other Information on Investing in Tianjin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Net Receivables	+ 0.99	Total Assets
Retained Earnings	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Long Term Investments	+ 0.98	Net Receivables
Common Stock	+ 0.97	Total Assets

Non Currrent Assets Other	- 0.94	Total Current Assets
Non Currrent Assets Other	- 0.91	Net Tangible Assets
Non Currrent Assets Other	- 0.89	Total Assets
Non Currrent Assets Other	- 0.88	Non Current Assets Total
Non Currrent Assets Other	- 0.88	Inventory
Non Currrent Assets Other	- 0.87	Retained Earnings