Shanghai Income Before Tax vs Ebit Analysis

900923 Stock

0.66 0.02 2.94%

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

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Bailian Income Before Tax account and Ebit. At this time, the significance of the direction appears to have weak relationship.

The correlation between Shanghai Bailian's Income Before Tax and Ebit is 0.36. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of Shanghai Bailian Group, assuming nothing else is changed. The correlation between historical values of Shanghai Bailian's Income Before Tax and Ebit 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 Shanghai Bailian Group are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., Shanghai Bailian's Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

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

Ebit

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

As of November 24, 2024, Selling General Administrative is expected to decline to about 5.6 B. In addition to that, Tax Provision is expected to decline to about 469.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	9.3B	8.0B	8.1B	7.6B
Total Revenue	34.7B	32.3B	30.5B	33.3B

Gross Profit Total Revenue

Shanghai Bailian 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		-0.2	0.91	0.92	-0.49	0.87	0.92	0.71	0.86	-0.49	0.58	-0.32	0.57	0.74	-0.22	-0.22	-0.72	0.99	-0.43	-0.89	0.5	0.92	0.39	0.74	0.63	0.97
Other Current Liab	-0.2		-0.43	-0.23	0.68	-0.49	-0.07	-0.64	-0.32	0.57	-0.21	0.23	-0.73	-0.58	0.63	0.2	0.44	-0.2	0.82	0.21	-0.04	-0.38	-0.18	0.01	-0.81	-0.22
Total Current Liabilities	0.91	-0.43		0.92	-0.7	0.91	0.9	0.86	0.79	-0.58	0.42	-0.37	0.71	0.65	-0.42	-0.11	-0.84	0.91	-0.69	-0.86	0.61	0.94	0.57	0.72	0.81	0.86
Total Stockholder Equity	0.92	-0.23	0.92		-0.5	0.88	0.94	0.77	0.67	-0.37	0.33	-0.2	0.47	0.57	-0.45	-0.13	-0.65	0.88	-0.47	-0.87	0.64	0.81	0.6	0.84	0.67	0.87
Other Liab	-0.49	0.68	-0.7	-0.5		-0.54	-0.57	-0.78	-0.5	0.92	-0.44	0.23	-0.73	-0.47	0.66	-0.31	0.91	-0.5	0.89	0.69	-0.37	-0.69	-0.4	-0.51	-0.77	-0.48
Net Tangible Assets	0.87	-0.49	0.91	0.88	-0.54		0.76	0.89	0.8	-0.45	0.43	-0.2	0.63	0.71	-0.38	-0.28	-0.67	0.86	-0.57	-0.8	0.44	0.87	0.46	0.57	0.87	0.89
Retained Earnings	0.92	-0.07	0.9	0.94	-0.57	0.76		0.71	0.69	-0.49	0.43	-0.22	0.46	0.48	-0.34	0.06	-0.77	0.9	-0.45	-0.93	0.66	0.85	0.58	0.89	0.54	0.86
Accounts Payable	0.71	-0.64	0.86	0.77	-0.78	0.89	0.71		0.68	-0.65	0.44	-0.09	0.74	0.59	-0.56	-0.01	-0.79	0.7	-0.75	-0.8	0.38	0.82	0.5	0.54	0.9	0.71
Cash	0.86	-0.32	0.79	0.67	-0.5	0.8	0.69	0.68		-0.57	0.68	-0.52	0.74	0.78	-0.02	-0.4	-0.71	0.89	-0.4	-0.71	0.16	0.93	0.09	0.43	0.64	0.85
Other Assets	-0.49	0.57	-0.58	-0.37	0.92	-0.45	-0.49	-0.65	-0.57		-0.67	0.18	-0.71	-0.58	0.48	-0.26	0.88	-0.53	0.77	0.67	-0.2	-0.69	-0.19	-0.4	-0.64	-0.53
Long Term Debt	0.58	-0.21	0.42	0.33	-0.44	0.43	0.43	0.44	0.68	-0.67		0.0	0.48	0.71	0.08	0.06	-0.53	0.61	-0.24	-0.59	-0.24	0.63	-0.31	0.16	0.32	0.61
Net Receivables	-0.32	0.23	-0.37	-0.2	0.23	-0.2	-0.22	-0.09	-0.52	0.18	0.0		-0.56	-0.35	-0.07	0.57	0.31	-0.35	0.27	0.03	-0.15	-0.43	-0.02	-0.12	-0.22	-0.2
Good Will	0.57	-0.73	0.71	0.47	-0.73	0.63	0.46	0.74	0.74	-0.71	0.48	-0.56		0.75	-0.32	-0.33	-0.71	0.59	-0.8	-0.46	0.17	0.77	0.23	0.2	0.73	0.51
Short Term Investments	0.74	-0.58	0.65	0.57	-0.47	0.71	0.48	0.59	0.78	-0.58	0.71	-0.35	0.75		-0.24	-0.47	-0.51	0.75	-0.53	-0.55	0.07	0.73	0.01	0.25	0.66	0.74
Inventory	-0.22	0.63	-0.42	-0.45	0.66	-0.38	-0.34	-0.56	-0.02	0.48	0.08	-0.07	-0.32	-0.24		-0.19	0.43	-0.16	0.7	0.42	-0.49	-0.22	-0.61	-0.54	-0.64	-0.23
Other Current Assets	-0.22	0.2	-0.11	-0.13	-0.31	-0.28	0.06	-0.01	-0.4	-0.26	0.06	0.57	-0.33	-0.47	-0.19		-0.21	-0.22	-0.07	-0.19	0.09	-0.15	0.1	0.18	-0.15	-0.19
Other Stockholder Equity	-0.72	0.44	-0.84	-0.65	0.91	-0.67	-0.77	-0.79	-0.71	0.88	-0.53	0.31	-0.71	-0.51	0.43	-0.21		-0.75	0.78	0.85	-0.51	-0.88	-0.47	-0.64	-0.74	-0.72
Total Liab	0.99	-0.2	0.91	0.88	-0.5	0.86	0.9	0.7	0.89	-0.53	0.61	-0.35	0.59	0.75	-0.16	-0.22	-0.75		-0.44	-0.88	0.48	0.94	0.35	0.7	0.63	0.97
Deferred Long Term Liab	-0.43	0.82	-0.69	-0.47	0.89	-0.57	-0.45	-0.75	-0.4	0.77	-0.24	0.27	-0.8	-0.53	0.7	-0.07	0.78	-0.44		0.51	-0.49	-0.61	-0.56	-0.37	-0.82	-0.42
Long Term Investments	-0.89	0.21	-0.86	-0.87	0.69	-0.8	-0.93	-0.8	-0.71	0.67	-0.59	0.03	-0.46	-0.55	0.42	-0.19	0.85	-0.88	0.51		-0.53	-0.86	-0.48	-0.83	-0.67	-0.9
Short Long Term Debt	0.5	-0.04	0.61	0.64	-0.37	0.44	0.66	0.38	0.16	-0.2	-0.24	-0.15	0.17	0.07	-0.49	0.09	-0.51	0.48	-0.49	-0.53		0.41	0.93	0.77	0.39	0.48
Total Current Assets	0.92	-0.38	0.94	0.81	-0.69	0.87	0.85	0.82	0.93	-0.69	0.63	-0.43	0.77	0.73	-0.22	-0.15	-0.88	0.94	-0.61	-0.86	0.41		0.35	0.6	0.75	0.89
Short Term Debt	0.39	-0.18	0.57	0.6	-0.4	0.46	0.58	0.5	0.09	-0.19	-0.31	-0.02	0.23	0.01	-0.61	0.1	-0.47	0.35	-0.56	-0.48	0.93	0.35		0.68	0.46	0.37
Intangible Assets	0.74	0.01	0.72	0.84	-0.51	0.57	0.89	0.54	0.43	-0.4	0.16	-0.12	0.2	0.25	-0.54	0.18	-0.64	0.7	-0.37	-0.83	0.77	0.6	0.68		0.44	0.7
Common Stock	0.63	-0.81	0.81	0.67	-0.77	0.87	0.54	0.9	0.64	-0.64	0.32	-0.22	0.73	0.66	-0.64	-0.15	-0.74	0.63	-0.82	-0.67	0.39	0.75	0.46	0.44		0.68
Property Plant Equipment	0.97	-0.22	0.86	0.87	-0.48	0.89	0.86	0.71	0.85	-0.53	0.61	-0.2	0.51	0.74	-0.23	-0.19	-0.72	0.97	-0.42	-0.9	0.48	0.89	0.37	0.7	0.68

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Shanghai Bailian Account Relationship Matchups

Shanghai Bailian fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	55.7B	54.1B	57.8B	57.7B	56.3B	56.3B
Other Current Liab	14.0B	16.0B	15.0B	12.9B	3.6B	3.4B
Total Current Liabilities	23.4B	23.8B	24.3B	25.3B	25.7B	25.9B
Total Stockholder Equity	18.3B	18.3B	17.9B	17.6B	17.8B	18.9B
Other Liab	1.8B	1.6B	1.6B	1.4B	1.3B	1.3B
Net Tangible Assets	14.8B	14.2B	13.9B	14.1B	16.2B	14.9B
Retained Earnings	10.2B	10.7B	10.6B	11.0B	9.7B	10.6B
Accounts Payable	6.2B	6.1B	5.5B	6.2B	6.9B	6.6B
Cash	14.2B	16.2B	15.5B	19.2B	19.4B	15.7B
Other Assets	1.9B	1.8B	1.6B	1.3B	1.2B	1.4B
Long Term Debt	1.8B	1.1B	1.5B	2.0B	1.8B	1.5B
Net Receivables	1.2B	797.0M	770.5M	674.1M	846.1M	717.8M
Short Term Investments	1.3B	260.0M	1.2B	1.4B	1.8B	1.9B
Inventory	3.3B	3.2B	3.4B	3.6B	3.0B	2.6B
Other Current Assets	660.7M	627.9M	932.9M	468.4M	161.6M	153.5M
Other Stockholder Equity	3.4B	2.8B	2.5B	1.7B	1.6B	2.2B
Total Liab	33.8B	32.7B	37.4B	37.6B	36.6B	33.9B
Deferred Long Term Liab	1.2B	1.2B	1.1B	1.0B	906.3M	877.4M
Short Long Term Debt	630.8M	770.6M	1.4B	820.8M	743.9M	953.2M
Total Current Assets	20.6B	21.7B	22.5B	25.9B	25.8B	23.2B
Intangible Assets	3.4B	4.0B	3.8B	3.4B	3.3B	3.7B
Property Plant Equipment	23.4B	21.1B	24.6B	22.3B	25.7B	21.1B
Non Current Assets Total	35.1B	32.6B	35.4B	31.8B	30.5B	33.7B
Non Currrent Assets Other	213.2M	212.5M	196.9M	952.1K	594.1K	564.4K
Non Current Liabilities Total	10.3B	9.0B	13.0B	12.3B	11.0B	8.7B
Non Current Liabilities Other	51.9M	130.5M	152.2M	165.1M	127.2M	136.3M
Net Invested Capital	20.7B	20.2B	20.8B	20.4B	20.4B	22.0B
Net Working Capital	(2.8B)	(2.1B)	(1.9B)	618.0M	118.2M	124.1M

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Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Bailian at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Bailian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Bailian 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.

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Shanghai Income Before Tax vs Ebit Analysis

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebit

Shanghai Bailian fundamental ratios Correlations

Shanghai Bailian Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Bailian fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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Total Liab	+ 0.99	Total Assets
Property Plant Equipment	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Total Liab
Total Current Assets	+ 0.94	Total Current Liabilities
Retained Earnings	+ 0.94	Total Stockholder Equity
Total Current Assets	+ 0.94	Total Liab

Long Term Investments	- 0.93	Retained Earnings
Property Plant Equipment	- 0.9	Long Term Investments
Long Term Investments	- 0.89	Total Assets
Long Term Investments	- 0.88	Total Liab
Total Current Assets	- 0.88	Other Stockholder Equity
Long Term Investments	- 0.87	Total Stockholder Equity