So Young Income Before Tax vs Ebit Analysis

SY Stock  USD 0.90  0.07  8.43%   
So Young financial indicator trend analysis is much more than just breaking down So Young International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether So Young International is a good investment. Please check the relationship between So Young Income Before Tax and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

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 So Young International Income Before Tax account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between So Young's Income Before Tax and Ebit is 0.9. 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 So Young International, assuming nothing else is changed. The correlation between historical values of So Young'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 So Young International 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., So Young's Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on So Young income statement and is an important metric when analyzing So Young International 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 So Young's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into So Young International 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 World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that Tax Provision is likely to grow to (9.2 M).
 2021 2022 2023 2024 (projected)
Interest Income19.3M28.9M48.3M26.5M
Net Interest Income19.3M28.9M48.3M26.5M

So Young fundamental ratios Correlations

0.810.980.990.95-0.760.890.810.920.690.410.850.790.990.990.880.960.980.960.960.83-0.540.990.890.92
0.810.890.780.68-0.640.80.750.620.620.470.430.730.80.870.940.670.80.810.810.8-0.590.780.530.79
0.980.890.960.89-0.770.930.80.880.680.380.760.770.981.00.910.920.970.950.940.85-0.620.970.830.9
0.990.780.960.95-0.760.860.790.930.660.460.870.781.00.970.850.960.980.960.950.82-0.541.00.910.91
0.950.680.890.95-0.550.80.70.910.620.550.890.730.930.910.790.930.870.950.940.69-0.520.940.920.88
-0.76-0.64-0.77-0.76-0.55-0.65-0.81-0.68-0.680.01-0.64-0.69-0.8-0.75-0.66-0.71-0.87-0.63-0.66-0.860.19-0.79-0.62-0.72
0.890.80.930.860.8-0.650.590.90.490.210.740.550.880.920.720.910.860.820.80.69-0.770.880.840.75
0.810.750.80.790.7-0.810.590.610.910.380.560.970.80.790.860.670.830.790.840.84-0.060.820.580.94
0.920.620.880.930.91-0.680.90.610.530.240.960.560.930.90.641.00.90.830.810.69-0.590.930.990.78
0.690.620.680.660.62-0.680.490.910.530.320.510.890.670.690.720.580.690.680.750.830.070.70.520.85
0.410.470.380.460.550.010.210.380.240.320.220.550.40.410.570.280.310.560.550.23-0.290.410.310.54
0.850.430.760.870.89-0.640.740.560.960.510.220.520.860.790.520.950.840.750.740.63-0.40.870.980.71
0.790.730.770.780.73-0.690.550.970.560.890.550.520.770.780.870.630.770.820.870.76-0.080.80.560.95
0.990.80.981.00.93-0.80.880.80.930.670.40.860.770.980.860.960.990.950.940.85-0.541.00.90.9
0.990.871.00.970.91-0.750.920.790.90.690.410.790.780.980.90.930.960.960.960.85-0.610.980.850.91
0.880.940.910.850.79-0.660.720.860.640.720.570.520.870.860.90.710.850.920.920.83-0.440.850.580.89
0.960.670.920.960.93-0.710.910.671.00.580.280.950.630.960.930.710.930.870.860.74-0.580.960.980.82
0.980.80.970.980.87-0.870.860.830.90.690.310.840.770.990.960.850.930.910.910.89-0.490.980.860.88
0.960.810.950.960.95-0.630.820.790.830.680.560.750.820.950.960.920.870.910.990.78-0.540.950.80.92
0.960.810.940.950.94-0.660.80.840.810.750.550.740.870.940.960.920.860.910.990.81-0.460.950.790.95
0.830.80.850.820.69-0.860.690.840.690.830.230.630.760.850.850.830.740.890.780.81-0.270.840.630.79
-0.54-0.59-0.62-0.54-0.520.19-0.77-0.06-0.590.07-0.29-0.4-0.08-0.54-0.61-0.44-0.58-0.49-0.54-0.46-0.27-0.51-0.53-0.31
0.990.780.971.00.94-0.790.880.820.930.70.410.870.81.00.980.850.960.980.950.950.84-0.510.910.92
0.890.530.830.910.92-0.620.840.580.990.520.310.980.560.90.850.580.980.860.80.790.63-0.530.910.77
0.920.790.90.910.88-0.720.750.940.780.850.540.710.950.90.910.890.820.880.920.950.79-0.310.920.77
Click cells to compare fundamentals

So Young Account Relationship Matchups

So Young fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.3B3.3B3.2B3.2B2.5B
Short Long Term Debt Total158.6M132.5M105.9M71.3M145.8M84.4M
Other Current Liab1.8M471.3M620.3M413.2M413.4M302.2M
Total Current Liabilities466.5M570.9M712.4M538.0M540.4M457.4M
Total Stockholder Equity2.6B2.6B2.4B2.5B2.4B1.9B
Net Tangible Assets2.6B2.5B1.7B1.8B2.1B1.2B
Retained Earnings(259.3M)(254.2M)(272.4M)(346.6M)(330.2M)(346.7M)
Accounts Payable333.2M386.5M518.4M13.2M10.6M10.0M
Cash884.7M1.1B1.3B694.4M426.1M754.4M
Non Current Assets Total272.9M496.0M1.3B1.3B1.5B1.6B
Non Currrent Assets Other14.2M15.9M48.1M99.3M310.5M326.0M
Other Assets50.1M71.4M95.6M164.0M188.6M198.1M
Cash And Short Term Investments2.8B2.7B1.7B1.6B1.3B1.6B
Net Receivables45.4M69.1M73.7M50.8M200.8M210.8M
Common Stock Total Equity83K72K258K261K300.2K315.2K
Common Stock Shares Outstanding31.9M82.3M108.9M106.2M101.5M90.5M
Short Term Investments1.9B1.5B408.9M876.0M900.8M877.3M
Liabilities And Stockholders Equity3.2B3.3B3.3B3.2B3.2B2.5B
Non Current Liabilities Total120.8M101.6M100.9M52.0M112.8M108.3M
Capital Lease Obligations158.6M132.5M105.9M71.3M115.9M80.3M
Inventory16.5M21.9M91.8M120.5M118.9M124.9M
Other Current Assets67.6M72.8M121.0M175.2M195.7M205.5M
Other Stockholder Equity2.8B2.9B2.8B2.8B2.7B2.1B
Total Liab587.3M672.4M813.3M590.0M653.3M524.5M
Long Term Investments46.0M166.1M252.5M228.0M261.0M133.9M
Property Plant And Equipment Gross176.8M150.0M220.2M179.1M307.5M322.9M
Total Current Assets3.0B2.8B2.0B1.9B1.7B1.8B
Accumulated Other Comprehensive Income102.3M(41.9M)(63.6M)33.1M52.0M54.6M
Short Term Debt37.8M39.5M43.5M50.3M59.6M31.7M
Intangible Assets726K60.0M194.0M169.3M145.3M78.3M
Common Stock258K261K267K273K275K236.8K
Property Plant Equipment176.8M150.0M220.2M179.1M205.9M115.0M
Property Plant And Equipment Net176.8M150.0M220.2M179.1M235.2M151.7M
Current Deferred Revenue93.7M135.4M139.2M110.2M195.2M136.7M
Net Debt(726.1M)(994.5M)(1.2B)(623.2M)(280.3M)(294.4M)
Net Invested Capital2.6B2.6B2.4B2.5B2.5B2.1B
Net Working Capital2.5B2.2B1.3B1.4B1.2B1.6B
Capital Stock258K261K267K273K275K285.3K

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When running So Young's price analysis, check to measure So Young's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy So Young is operating at the current time. Most of So Young's value examination focuses on studying past and present price action to predict the probability of So Young's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move So Young's price. Additionally, you may evaluate how the addition of So Young to your portfolios can decrease your overall portfolio volatility.