Aurora Tax Provision vs Gross Profit Analysis

JG Stock  USD 11.00  0.80  6.78%   
Aurora Mobile financial indicator trend analysis is way more than just evaluating Aurora Mobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Mobile is a good investment. Please check the relationship between Aurora Mobile Tax Provision and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aurora Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.

Tax Provision vs Gross Profit

JavaScript chart by amCharts 3.21.1520162018202020222024-4M-3.5M-3M-2.5M-2M-1.5M-1M-500K0500K1M1.5M2M2.5M3M3.5M4M 20M40M60M80M100M120M140M160M180M200M220M240M260M
JavaScript chart by amCharts 3.21.15Tax Provisiontotal: 2.4MGross Profittotal: 1.9B

Tax Provision vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Mobile Tax Provision account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
Tax ProvisionGross ProfitDiversified AwayTax ProvisionGross ProfitDiversified Away100%
The correlation between Aurora Mobile's Tax Provision and Gross Profit is -0.73. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Aurora Mobile, assuming nothing else is changed. The correlation between historical values of Aurora Mobile's Tax Provision and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Aurora Mobile are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Tax Provision i.e., Aurora Mobile's Tax Provision and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Aurora Mobile minus its cost of goods sold. It is profit before Aurora Mobile 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.
Most indicators from Aurora Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Mobile 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 Aurora Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.At this time, Aurora Mobile's Selling General Administrative is most likely to increase significantly in the upcoming years. The Aurora Mobile's current Sales General And Administrative To Revenue is estimated to increase to 0.15, while Tax Provision is forecasted to increase to (1.6 M).
 2022 2023 2024 2025 (projected)
Gross Profit225.8M199.3M229.2M198.5M
Total Revenue328.8M290.2M333.8M470.7M

Aurora Mobile fundamental ratios Correlations

0.840.670.670.94-0.010.940.760.5-0.5-0.480.760.870.840.740.390.830.920.750.270.25-0.280.780.120.60.75
0.840.330.440.84-0.220.860.960.15-0.39-0.070.430.840.590.440.330.880.820.45-0.030.440.010.420.10.620.44
0.670.330.90.660.310.640.20.86-0.09-0.830.860.380.810.790.330.380.440.890.820.34-0.750.880.310.470.9
0.670.440.90.60.090.590.280.850.12-0.840.830.30.870.51-0.010.330.380.850.850.56-0.740.860.410.530.87
0.940.840.660.60.241.00.720.49-0.45-0.440.730.830.810.760.510.820.880.780.280.24-0.370.760.080.610.77
-0.01-0.220.310.090.240.22-0.390.440.0-0.40.36-0.110.260.330.23-0.14-0.030.460.41-0.3-0.590.4-0.22-0.10.45
0.940.860.640.591.00.220.740.46-0.46-0.410.710.840.790.770.530.830.890.760.250.24-0.340.740.080.620.75
0.760.960.20.280.72-0.390.74-0.01-0.450.10.280.820.420.370.350.880.810.28-0.20.360.250.240.110.590.26
0.50.150.860.850.490.440.46-0.010.07-0.960.930.120.850.51-0.110.10.320.920.930.1-0.780.90.280.370.93
-0.5-0.39-0.090.12-0.450.0-0.46-0.450.07-0.15-0.2-0.8-0.15-0.56-0.53-0.73-0.62-0.130.360.27-0.39-0.130.610.18-0.1
-0.48-0.07-0.83-0.84-0.44-0.4-0.410.1-0.96-0.15-0.88-0.06-0.83-0.470.13-0.01-0.27-0.87-0.91-0.090.84-0.91-0.33-0.36-0.9
0.760.430.860.830.730.360.710.280.93-0.2-0.880.440.940.680.080.40.640.980.750.06-0.630.960.230.50.98
0.870.840.380.30.83-0.110.840.820.12-0.8-0.060.440.520.690.580.970.890.43-0.140.170.110.44-0.240.310.41
0.840.590.810.870.810.260.790.420.85-0.15-0.830.940.520.580.040.490.660.950.690.26-0.640.950.20.540.95
0.740.440.790.510.760.330.770.370.51-0.56-0.470.680.690.580.760.640.70.70.340.01-0.370.70.070.410.69
0.390.330.33-0.010.510.230.530.35-0.11-0.530.130.080.580.040.760.570.450.16-0.170.02-0.020.14-0.090.210.14
0.830.880.380.330.82-0.140.830.880.1-0.73-0.010.40.970.490.640.570.830.41-0.110.320.120.38-0.220.330.38
0.920.820.440.380.88-0.030.890.810.32-0.62-0.270.640.890.660.70.450.830.590.01-0.050.00.60.090.610.58
0.750.450.890.850.780.460.760.280.92-0.13-0.870.980.430.950.70.160.410.590.780.16-0.730.980.230.521.0
0.27-0.030.820.850.280.410.25-0.20.930.36-0.910.75-0.140.690.34-0.17-0.110.010.780.31-0.880.750.370.290.8
0.250.440.340.560.24-0.30.240.360.10.27-0.090.060.170.260.010.020.32-0.050.160.31-0.310.140.160.20.17
-0.280.01-0.75-0.74-0.37-0.59-0.340.25-0.78-0.390.84-0.630.11-0.64-0.37-0.020.120.0-0.73-0.88-0.31-0.76-0.31-0.27-0.75
0.780.420.880.860.760.40.740.240.9-0.13-0.910.960.440.950.70.140.380.60.980.750.14-0.760.240.50.98
0.120.10.310.410.08-0.220.080.110.280.61-0.330.23-0.240.20.07-0.09-0.220.090.230.370.16-0.310.240.80.25
0.60.620.470.530.61-0.10.620.590.370.18-0.360.50.310.540.410.210.330.610.520.290.2-0.270.50.80.53
0.750.440.90.870.770.450.750.260.93-0.1-0.90.980.410.950.690.140.380.581.00.80.17-0.750.980.250.53
Click cells to compare fundamentals

Aurora Mobile Account Relationship Matchups

Aurora Mobile fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets787.3M595.5M420.9M350.2M402.7M635.1M
Short Long Term Debt Total225.2M150M5M4.6M4.2M4.0M
Other Current Liab85.1M70.9M60.5M60.0M69.0M52.6M
Total Current Liabilities460.0M373.6M249.6M241.3M277.5M254.6M
Total Stockholder Equity321.2M215.4M128.3M73.5M84.6M80.4M
Other Liab8.2M6.0M6.5M12.5M14.3M8.3M
Net Tangible Assets498.8M311.7M210.0M66.0M75.9M72.1M
Property Plant And Equipment Net73.5M62.2M14.9M5.5M5.0M4.7M
Current Deferred Revenue109.2M120.0M138.8M144.1M165.8M99.6M
Net Debt(130.9M)59.4M(111.1M)(109.9M)(126.4M)(132.7M)
Retained Earnings(678.4M)(819.0M)(925.3M)(988.7M)(889.8M)(934.3M)
Accounts Payable16.6M18.3M18.2M21.1M24.2M16.8M
Cash356.1M90.6M116.1M114.5M103.1M199.7M
Non Current Assets Total257.2M214.4M244.3M180.6M207.7M201.7M
Non Currrent Assets Other5.6M4.9M4.1M5.4M6.2M5.5M
Other Assets2.6M5.6M4.9M4.1M3.7M4.4M
Cash And Short Term Investments436.1M120.6M116.1M114.5M103.1M97.9M
Net Receivables44.5M65.3M30.0M36.4M32.7M52.6M
Common Stock Shares Outstanding77.4M78.8M79.3M79.7M91.6M46.3M
Liabilities And Stockholders Equity787.3M595.5M420.9M350.2M402.7M635.1M
Non Current Liabilities Total6.0M6.5M12.5M5.2M4.7M4.4M
Inventory215K170.0M132K15.1M17.4M29.5M
Other Current Assets27.2M191.1M20.3M18.7M21.5M20.4M
Other Stockholder Equity988.8M1.0B1.0B1.0B1.2B825.7M
Total Liab466.1M380.1M262.0M246.5M221.8M304.3M
Long Term Investments168.5M141.9M141.9M112.9M129.8M113.5M
Property Plant And Equipment Gross73.5M173.7M206.5M18.1M20.8M19.8M
Total Current Assets530.1M381.1M176.7M169.6M152.6M145.0M
Accumulated Other Comprehensive Income10.8M12.5M18.3M19.2M22.1M23.2M
Short Term Debt225.1M150M23.1M4.0M4.6M4.4M
Intangible Assets9.5M5.4M45.5M17.9M20.6M12.2M

Currently Active Assets on Macroaxis

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aurora Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aurora Mobile. If investors know Aurora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aurora Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.55)
Revenue Per Share
50.335
Quarterly Revenue Growth
0.067
Return On Assets
(0.05)
Return On Equity
(0.21)
The market value of Aurora Mobile is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Mobile's value that differs from its market value or its book value, called intrinsic value, which is Aurora Mobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aurora Mobile's market value can be influenced by many factors that don't directly affect Aurora Mobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aurora Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Mobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.