Hong Cost Of Revenue vs Income Before Tax Analysis

HKLB Stock   7.41  0.00  0.00%   
Hong Kong financial indicator trend analysis is much more than just examining Hong Kong Land latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hong Kong Land is a good investment. Please check the relationship between Hong Kong Cost Of Revenue and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hong Kong Land Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hong Kong's Cost Of Revenue and Income Before Tax is -0.14. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Hong Kong Land, assuming nothing else is changed. The correlation between historical values of Hong Kong's Cost Of 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 Cost Of Revenue of Hong Kong Land 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 Cost Of Revenue i.e., Hong Kong's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Hong Kong Land income statement and represents the costs associated with goods and services Hong Kong 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hong Kong income statement and is an important metric when analyzing Hong Kong Land 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 Hong Kong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hong Kong Land 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 232.7 M in 2024. Tax Provision is likely to gain to about 208.2 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense202.5M234.9M243.3M255.5M
Depreciation And Amortization16.3M17.5M16.5M17.3M

Hong Kong fundamental ratios Correlations

-0.420.840.990.771.00.94-0.130.61-0.53-0.430.740.830.670.560.410.410.630.640.770.30.630.390.750.590.22
-0.42-0.58-0.31-0.5-0.41-0.450.0-0.770.130.3-0.74-0.46-0.76-0.73-0.14-0.14-0.4-0.09-0.63-0.02-0.22-0.25-0.250.01-0.21
0.84-0.580.760.750.820.71-0.190.75-0.33-0.320.90.860.830.750.340.340.840.50.940.10.410.610.610.550.04
0.99-0.310.760.720.990.95-0.10.48-0.55-0.460.620.80.540.440.430.430.560.650.690.360.650.330.740.550.27
0.77-0.50.750.720.790.67-0.370.71-0.44-0.050.770.520.730.660.30.30.680.320.64-0.250.530.220.940.77-0.22
1.0-0.410.820.990.790.94-0.140.6-0.54-0.410.720.790.660.560.380.380.630.620.740.290.640.350.770.610.22
0.94-0.450.710.950.670.940.050.46-0.57-0.640.580.760.520.410.430.430.490.540.650.460.670.230.680.340.45
-0.130.0-0.19-0.1-0.37-0.140.05-0.230.01-0.52-0.23-0.1-0.18-0.17-0.01-0.01-0.25-0.6-0.160.78-0.04-0.47-0.4-0.440.84
0.61-0.770.750.480.710.60.46-0.23-0.22-0.050.970.570.980.950.110.110.580.240.74-0.140.280.450.460.48-0.08
-0.530.13-0.33-0.55-0.44-0.54-0.570.01-0.220.32-0.28-0.4-0.27-0.15-0.51-0.51-0.37-0.3-0.22-0.24-0.980.17-0.46-0.25-0.18
-0.430.3-0.32-0.46-0.05-0.41-0.64-0.52-0.050.32-0.16-0.56-0.110.0-0.44-0.44-0.09-0.09-0.35-0.71-0.34-0.12-0.090.34-0.8
0.74-0.740.90.620.770.720.58-0.230.97-0.28-0.160.720.980.930.210.210.720.360.87-0.050.350.540.550.54-0.04
0.83-0.460.860.80.520.790.76-0.10.57-0.4-0.560.720.610.460.620.620.540.630.890.340.460.680.460.30.24
0.67-0.760.830.540.730.660.52-0.180.98-0.27-0.110.980.610.970.120.120.710.260.78-0.060.340.430.490.5-0.02
0.56-0.730.750.440.660.560.41-0.170.95-0.150.00.930.460.97-0.13-0.130.680.20.7-0.110.220.390.390.47-0.05
0.41-0.140.340.430.30.380.43-0.010.11-0.51-0.440.210.620.12-0.131.00.130.260.330.190.480.150.380.120.13
0.41-0.140.340.430.30.380.43-0.010.11-0.51-0.440.210.620.12-0.131.00.130.260.330.190.480.150.380.120.13
0.63-0.40.840.560.680.630.49-0.250.58-0.37-0.090.720.540.710.680.130.130.360.67-0.060.440.330.540.56-0.13
0.64-0.090.50.650.320.620.54-0.60.24-0.3-0.090.360.630.260.20.260.260.360.490.030.380.610.360.3-0.15
0.77-0.630.940.690.640.740.65-0.160.74-0.22-0.350.870.890.780.70.330.330.670.490.140.30.730.480.40.09
0.3-0.020.10.36-0.250.290.460.78-0.14-0.24-0.71-0.050.34-0.06-0.110.190.19-0.060.030.140.25-0.13-0.24-0.330.93
0.63-0.220.410.650.530.640.67-0.040.28-0.98-0.340.350.460.340.220.480.480.440.380.30.25-0.130.540.30.2
0.39-0.250.610.330.220.350.23-0.470.450.17-0.120.540.680.430.390.150.150.330.610.73-0.13-0.130.140.21-0.23
0.75-0.250.610.740.940.770.68-0.40.46-0.46-0.090.550.460.490.390.380.380.540.360.48-0.240.540.140.78-0.23
0.590.010.550.550.770.610.34-0.440.48-0.250.340.540.30.50.470.120.120.560.30.4-0.330.30.210.78-0.48
0.22-0.210.040.27-0.220.220.450.84-0.08-0.18-0.8-0.040.24-0.02-0.050.130.13-0.13-0.150.090.930.2-0.23-0.23-0.48
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Hong Kong Account Relationship Matchups

Hong Kong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.3B44.3B43.9B42.6B40.8B27.5B
Other Current Liab261M(1.6B)(2.2B)(1.7B)189.8M199.3M
Total Current Liabilities2.4B2.4B3.3B2.4B2.7B1.5B
Total Stockholder Equity38.2B35.7B34.6B33.3B32.0B21.7B
Property Plant And Equipment Net140M137.6M140.2M124.8M111.8M106.2M
Non Current Assets Total40.6B39.2B38.4B37.9B36.2B24.2B
Non Currrent Assets Other40.5B39.0B38.1B37.7B26.7B20.2B
Liabilities And Stockholders Equity45.3B44.3B43.9B42.6B40.8B27.5B
Non Current Liabilities Total4.5B6.1B6.0B6.9B6.1B4.2B
Other Current Assets(2.8B)(2.9B)546M368.6M392.9M412.5M
Total Liab7.0B8.5B9.2B9.3B8.8B5.8B
Total Current Assets4.6B5.0B5.5B4.7B4.6B3.3B
Short Long Term Debt Total5.0B6.6B6.6B7.0B6.6B4.1B
Net Debt3.6B4.6B5.1B5.8B5.4B2.7B
Cash1.4B2.0B1.5B1.2B1.2B1.4B
Cash And Short Term Investments1.4B2.0B1.5B1.2B1.2B1.4B
Short Term Debt715.3M689.5M865.3M419.1M781.6M436.7M
Accounts Payable1.5B1.6B2.2B1.7B1.7B1.1B
Net Receivables3.9B4.0B511.7M233.3M41.6M39.5M
Inventory2.0B1.9B3.0B2.9B2.9B2.6B
Retained Earnings38.0B34.9B34.0B33.4B32.3B35.2B
Other Assets33.3B30.2B28.7B28.2B40.8B32.2B
Other Liab226.5M227.7M257.6M276.3M317.7M226.2M
Net Tangible Assets38.2B35.7B34.6B33.3B38.3B36.5B
Long Term Debt4.0B4.1B4.3B5.9B6.8B4.6B
Property Plant Equipment140M137.6M140.2M124.8M143.5M98.8M
Accumulated Other Comprehensive Income37.8B35.2B34.3B33.1B31.7B37.3B
Short Term Investments2.7B2.8B3.4B2.9B3.3B2.4B

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