Hong Gross Profit 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 Gross Profit 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.

Gross Profit vs Income Before Tax

Gross Profit 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 Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have no relationship.

The correlation between Hong Kong's Gross Profit and Income Before Tax is 0.03. Overlapping area represents the amount of variation of Gross Profit 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 Gross Profit 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 Gross Profit 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 Gross Profit i.e., Hong Kong's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hong Kong Land minus its cost of goods sold. It is profit before Hong Kong operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Expense	202.5M	234.9M	243.3M	255.5M
Depreciation And Amortization	16.3M	17.5M	16.5M	17.3M

Interest Expense Depreciation And Amortization

Hong Kong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Net Debt	Cash	Cash And Short Term Investments	Short Term Debt	Current Deferred Revenue	Accounts Payable	Common Stock	Net Receivables	Inventory	Retained Earnings	Other Assets	Intangible Assets
Total Assets		-0.42	0.84	0.99	0.77	1.0	0.94	-0.13	0.61	-0.53	-0.43	0.74	0.83	0.67	0.56	0.41	0.41	0.63	0.64	0.77	0.3	0.63	0.39	0.75	0.59	0.22
Other Current Liab	-0.42		-0.58	-0.31	-0.5	-0.41	-0.45	0.0	-0.77	0.13	0.3	-0.74	-0.46	-0.76	-0.73	-0.14	-0.14	-0.4	-0.09	-0.63	-0.02	-0.22	-0.25	-0.25	0.01	-0.21
Total Current Liabilities	0.84	-0.58		0.76	0.75	0.82	0.71	-0.19	0.75	-0.33	-0.32	0.9	0.86	0.83	0.75	0.34	0.34	0.84	0.5	0.94	0.1	0.41	0.61	0.61	0.55	0.04
Total Stockholder Equity	0.99	-0.31	0.76		0.72	0.99	0.95	-0.1	0.48	-0.55	-0.46	0.62	0.8	0.54	0.44	0.43	0.43	0.56	0.65	0.69	0.36	0.65	0.33	0.74	0.55	0.27
Property Plant And Equipment Net	0.77	-0.5	0.75	0.72		0.79	0.67	-0.37	0.71	-0.44	-0.05	0.77	0.52	0.73	0.66	0.3	0.3	0.68	0.32	0.64	-0.25	0.53	0.22	0.94	0.77	-0.22
Non Current Assets Total	1.0	-0.41	0.82	0.99	0.79		0.94	-0.14	0.6	-0.54	-0.41	0.72	0.79	0.66	0.56	0.38	0.38	0.63	0.62	0.74	0.29	0.64	0.35	0.77	0.61	0.22
Non Currrent Assets Other	0.94	-0.45	0.71	0.95	0.67	0.94		0.05	0.46	-0.57	-0.64	0.58	0.76	0.52	0.41	0.43	0.43	0.49	0.54	0.65	0.46	0.67	0.23	0.68	0.34	0.45
Common Stock Shares Outstanding	-0.13	0.0	-0.19	-0.1	-0.37	-0.14	0.05		-0.23	0.01	-0.52	-0.23	-0.1	-0.18	-0.17	-0.01	-0.01	-0.25	-0.6	-0.16	0.78	-0.04	-0.47	-0.4	-0.44	0.84
Non Current Liabilities Total	0.61	-0.77	0.75	0.48	0.71	0.6	0.46	-0.23		-0.22	-0.05	0.97	0.57	0.98	0.95	0.11	0.11	0.58	0.24	0.74	-0.14	0.28	0.45	0.46	0.48	-0.08
Other Current Assets	-0.53	0.13	-0.33	-0.55	-0.44	-0.54	-0.57	0.01	-0.22		0.32	-0.28	-0.4	-0.27	-0.15	-0.51	-0.51	-0.37	-0.3	-0.22	-0.24	-0.98	0.17	-0.46	-0.25	-0.18
Other Stockholder Equity	-0.43	0.3	-0.32	-0.46	-0.05	-0.41	-0.64	-0.52	-0.05	0.32		-0.16	-0.56	-0.11	0.0	-0.44	-0.44	-0.09	-0.09	-0.35	-0.71	-0.34	-0.12	-0.09	0.34	-0.8
Total Liab	0.74	-0.74	0.9	0.62	0.77	0.72	0.58	-0.23	0.97	-0.28	-0.16		0.72	0.98	0.93	0.21	0.21	0.72	0.36	0.87	-0.05	0.35	0.54	0.55	0.54	-0.04
Total Current Assets	0.83	-0.46	0.86	0.8	0.52	0.79	0.76	-0.1	0.57	-0.4	-0.56	0.72		0.61	0.46	0.62	0.62	0.54	0.63	0.89	0.34	0.46	0.68	0.46	0.3	0.24
Short Long Term Debt Total	0.67	-0.76	0.83	0.54	0.73	0.66	0.52	-0.18	0.98	-0.27	-0.11	0.98	0.61		0.97	0.12	0.12	0.71	0.26	0.78	-0.06	0.34	0.43	0.49	0.5	-0.02
Net Debt	0.56	-0.73	0.75	0.44	0.66	0.56	0.41	-0.17	0.95	-0.15	0.0	0.93	0.46	0.97		-0.13	-0.13	0.68	0.2	0.7	-0.11	0.22	0.39	0.39	0.47	-0.05
Cash	0.41	-0.14	0.34	0.43	0.3	0.38	0.43	-0.01	0.11	-0.51	-0.44	0.21	0.62	0.12	-0.13		1.0	0.13	0.26	0.33	0.19	0.48	0.15	0.38	0.12	0.13
Cash And Short Term Investments	0.41	-0.14	0.34	0.43	0.3	0.38	0.43	-0.01	0.11	-0.51	-0.44	0.21	0.62	0.12	-0.13	1.0		0.13	0.26	0.33	0.19	0.48	0.15	0.38	0.12	0.13
Short Term Debt	0.63	-0.4	0.84	0.56	0.68	0.63	0.49	-0.25	0.58	-0.37	-0.09	0.72	0.54	0.71	0.68	0.13	0.13		0.36	0.67	-0.06	0.44	0.33	0.54	0.56	-0.13
Current Deferred Revenue	0.64	-0.09	0.5	0.65	0.32	0.62	0.54	-0.6	0.24	-0.3	-0.09	0.36	0.63	0.26	0.2	0.26	0.26	0.36		0.49	0.03	0.38	0.61	0.36	0.3	-0.15
Accounts Payable	0.77	-0.63	0.94	0.69	0.64	0.74	0.65	-0.16	0.74	-0.22	-0.35	0.87	0.89	0.78	0.7	0.33	0.33	0.67	0.49		0.14	0.3	0.73	0.48	0.4	0.09
Common Stock	0.3	-0.02	0.1	0.36	-0.25	0.29	0.46	0.78	-0.14	-0.24	-0.71	-0.05	0.34	-0.06	-0.11	0.19	0.19	-0.06	0.03	0.14		0.25	-0.13	-0.24	-0.33	0.93
Net Receivables	0.63	-0.22	0.41	0.65	0.53	0.64	0.67	-0.04	0.28	-0.98	-0.34	0.35	0.46	0.34	0.22	0.48	0.48	0.44	0.38	0.3	0.25		-0.13	0.54	0.3	0.2
Inventory	0.39	-0.25	0.61	0.33	0.22	0.35	0.23	-0.47	0.45	0.17	-0.12	0.54	0.68	0.43	0.39	0.15	0.15	0.33	0.61	0.73	-0.13	-0.13		0.14	0.21	-0.23
Retained Earnings	0.75	-0.25	0.61	0.74	0.94	0.77	0.68	-0.4	0.46	-0.46	-0.09	0.55	0.46	0.49	0.39	0.38	0.38	0.54	0.36	0.48	-0.24	0.54	0.14		0.78	-0.23
Other Assets	0.59	0.01	0.55	0.55	0.77	0.61	0.34	-0.44	0.48	-0.25	0.34	0.54	0.3	0.5	0.47	0.12	0.12	0.56	0.3	0.4	-0.33	0.3	0.21	0.78		-0.48
Intangible Assets	0.22	-0.21	0.04	0.27	-0.22	0.22	0.45	0.84	-0.08	-0.18	-0.8	-0.04	0.24	-0.02	-0.05	0.13	0.13	-0.13	-0.15	0.09	0.93	0.2	-0.23	-0.23	-0.48

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Hong Kong Account Relationship Matchups

Hong Kong fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.3B	44.3B	43.9B	42.6B	40.8B	27.5B
Other Current Liab	261M	(1.6B)	(2.2B)	(1.7B)	189.8M	199.3M
Total Current Liabilities	2.4B	2.4B	3.3B	2.4B	2.7B	1.5B
Total Stockholder Equity	38.2B	35.7B	34.6B	33.3B	32.0B	21.7B
Property Plant And Equipment Net	140M	137.6M	140.2M	124.8M	111.8M	106.2M
Non Current Assets Total	40.6B	39.2B	38.4B	37.9B	36.2B	24.2B
Non Currrent Assets Other	40.5B	39.0B	38.1B	37.7B	26.7B	20.2B
Liabilities And Stockholders Equity	45.3B	44.3B	43.9B	42.6B	40.8B	27.5B
Non Current Liabilities Total	4.5B	6.1B	6.0B	6.9B	6.1B	4.2B
Other Current Assets	(2.8B)	(2.9B)	546M	368.6M	392.9M	412.5M
Total Liab	7.0B	8.5B	9.2B	9.3B	8.8B	5.8B
Total Current Assets	4.6B	5.0B	5.5B	4.7B	4.6B	3.3B
Short Long Term Debt Total	5.0B	6.6B	6.6B	7.0B	6.6B	4.1B
Net Debt	3.6B	4.6B	5.1B	5.8B	5.4B	2.7B
Cash	1.4B	2.0B	1.5B	1.2B	1.2B	1.4B
Cash And Short Term Investments	1.4B	2.0B	1.5B	1.2B	1.2B	1.4B
Short Term Debt	715.3M	689.5M	865.3M	419.1M	781.6M	436.7M
Accounts Payable	1.5B	1.6B	2.2B	1.7B	1.7B	1.1B
Net Receivables	3.9B	4.0B	511.7M	233.3M	41.6M	39.5M
Inventory	2.0B	1.9B	3.0B	2.9B	2.9B	2.6B
Retained Earnings	38.0B	34.9B	34.0B	33.4B	32.3B	35.2B
Other Assets	33.3B	30.2B	28.7B	28.2B	40.8B	32.2B
Other Liab	226.5M	227.7M	257.6M	276.3M	317.7M	226.2M
Net Tangible Assets	38.2B	35.7B	34.6B	33.3B	38.3B	36.5B
Long Term Debt	4.0B	4.1B	4.3B	5.9B	6.8B	4.6B
Property Plant Equipment	140M	137.6M	140.2M	124.8M	143.5M	98.8M
Accumulated Other Comprehensive Income	37.8B	35.2B	34.3B	33.1B	31.7B	37.3B
Short Term Investments	2.7B	2.8B	3.4B	2.9B	3.3B	2.4B

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Hong Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

Hong Kong fundamental ratios Correlations

Hong Kong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hong Kong fundamental ratios Accounts

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Additional Tools for Hong Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Short Long Term Debt Total	+ 0.98	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.98	Total Liab

Net Receivables	- 0.98	Other Current Assets
Intangible Assets	- 0.8	Other Stockholder Equity
Non Current Liabilities Total	- 0.77	Other Current Liab
Short Long Term Debt Total	- 0.76	Other Current Liab
Total Liab	- 0.74	Other Current Liab
Net Debt	- 0.73	Other Current Liab