CDT Income Before Tax from 2010 to 2024

CDTG Stock   3.25  0.10  3.17%   
CDT Environmental's Income Before Tax is increasing over the last several years with slightly volatile swings. Income Before Tax is estimated to finish at about 8.8 M this year. During the period from 2010 to 2024 CDT Environmental Technology Income Before Tax regressed destribution of quarterly values had mean deviationof  2,549,849 and mean square error of 7.1 T. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
8.4 M
Current Value
8.8 M
Quarterly Volatility
3.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CDT Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CDT Environmental's main balance sheet or income statement drivers, such as Tax Provision of 998.8 K, Interest Income of 23.9 K or Depreciation And Amortization of 176 K, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0 or PTB Ratio of 0.9. CDT financial statements analysis is a perfect complement when working with CDT Environmental Valuation or Volatility modules.
  
Check out the analysis of CDT Environmental Correlation against competitors.

Latest CDT Environmental's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of CDT Environmental Technology over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on CDT Environmental income statement and is an important metric when analyzing CDT Environmental 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. It is CDT Environmental's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CDT Environmental's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

CDT Income Before Tax Regression Statistics

Arithmetic Mean77,617
Coefficient Of Variation4,645
Mean Deviation2,549,849
Median(1,660,916)
Standard Deviation3,605,106
Sample Variance13T
Range10.5M
R-Value0.70
Mean Square Error7.1T
R-Squared0.49
Significance0
Slope566,540
Total Sum of Squares182T

CDT Income Before Tax History

20248.8 M
20238.4 M
2022949.8 K
20211.2 M

About CDT Environmental Financial Statements

CDT Environmental stakeholders use historical fundamental indicators, such as CDT Environmental's Income Before Tax, to determine how well the company is positioned to perform in the future. Although CDT Environmental investors may analyze each financial statement separately, they are all interrelated. For example, changes in CDT Environmental's assets and liabilities are reflected in the revenues and expenses on CDT Environmental's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CDT Environmental Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax8.4 M8.8 M

Currently Active Assets on Macroaxis

When determining whether CDT Environmental is a strong investment it is important to analyze CDT Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CDT Environmental's future performance. For an informed investment choice regarding CDT Stock, refer to the following important reports:
Check out the analysis of CDT Environmental Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Environmental & Facilities Services 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 CDT Environmental. If investors know CDT 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 CDT Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.09
Earnings Share
0.69
Revenue Per Share
3.718
Quarterly Revenue Growth
0.173
Return On Assets
0.085
The market value of CDT Environmental is measured differently than its book value, which is the value of CDT that is recorded on the company's balance sheet. Investors also form their own opinion of CDT Environmental's value that differs from its market value or its book value, called intrinsic value, which is CDT Environmental'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 CDT Environmental's market value can be influenced by many factors that don't directly affect CDT Environmental'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 CDT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CDT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CDT Environmental'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.