Shenzhen Income Tax Expense vs Ebitda Analysis

000070 Stock   5.86  0.06  1.01%   
Shenzhen SDG financial indicator trend analysis is much more than just breaking down Shenzhen SDG Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen SDG Information is a good investment. Please check the relationship between Shenzhen SDG Income Tax Expense and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen SDG Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Income Tax Expense vs Ebitda

Income Tax Expense vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen SDG Information Income Tax Expense account and Ebitda. At this time, the significance of the direction appears to have weak relationship.
The correlation between Shenzhen SDG's Income Tax Expense and Ebitda is 0.31. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebitda in the same time period over historical financial statements of Shenzhen SDG Information, assuming nothing else is changed. The correlation between historical values of Shenzhen SDG's Income Tax Expense and Ebitda 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 Tax Expense of Shenzhen SDG Information are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Tax Expense i.e., Shenzhen SDG's Income Tax Expense and Ebitda go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Tax Expense

Ebitda

Most indicators from Shenzhen SDG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen SDG Information 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen SDG Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 154.6 M. The current year's Tax Provision is expected to grow to about 27 M
 2021 2022 2023 2024 (projected)
Operating Income45.4M91.8M184.9M127.3M
Total Revenue4.6B4.2B4.9B2.5B

Shenzhen SDG fundamental ratios Correlations

0.380.980.850.130.730.750.90.70.790.020.930.680.990.820.920.760.870.950.710.750.890.940.960.950.8
0.380.460.60.550.290.850.03-0.020.170.160.430.830.340.370.08-0.110.460.340.3-0.10.180.590.530.15-0.01
0.980.460.90.260.810.770.830.560.78-0.040.980.70.960.810.850.650.850.910.750.630.890.920.960.90.68
0.850.60.90.590.830.740.630.290.83-0.010.870.810.780.820.670.380.90.860.810.310.80.830.860.740.5
0.130.550.260.590.520.26-0.18-0.530.38-0.20.310.490.010.28-0.11-0.440.280.220.54-0.550.20.160.220.02-0.34
0.730.290.810.830.520.460.560.180.87-0.360.820.440.680.770.550.350.620.710.650.250.840.570.670.660.36
0.750.850.770.740.260.460.50.460.450.250.680.890.740.640.530.350.720.670.430.410.560.890.840.570.47
0.90.030.830.63-0.180.560.50.820.71-0.020.770.430.920.70.950.90.770.840.590.890.840.780.80.930.89
0.7-0.020.560.29-0.530.180.460.820.450.210.430.290.780.520.80.890.520.670.140.950.570.660.620.750.93
0.790.170.780.830.380.870.450.710.45-0.170.720.490.750.850.720.520.740.860.650.430.880.640.710.80.63
0.020.16-0.04-0.01-0.2-0.360.25-0.020.21-0.17-0.120.220.04-0.030.07-0.120.170.05-0.070.16-0.060.230.130.030.21
0.930.430.980.870.310.820.680.770.430.72-0.120.640.890.730.790.60.80.840.80.550.840.850.910.850.58
0.680.830.70.810.490.440.890.430.290.490.220.640.640.570.490.220.780.690.620.230.510.840.790.550.39
0.990.340.960.780.010.680.740.920.780.750.040.890.640.80.930.810.830.930.630.810.880.930.950.950.84
0.820.370.810.820.280.770.640.70.520.85-0.030.730.570.80.660.540.780.870.470.490.770.720.720.710.64
0.920.080.850.67-0.110.550.530.950.80.720.070.790.490.930.660.870.790.870.680.860.830.830.860.960.91
0.76-0.110.650.38-0.440.350.350.90.890.52-0.120.60.220.810.540.870.580.70.340.930.630.620.630.810.89
0.870.460.850.90.280.620.720.770.520.740.170.80.780.830.780.790.580.870.740.540.770.890.860.80.73
0.950.340.910.860.220.710.670.840.670.860.050.840.690.930.870.870.70.870.690.660.860.880.90.920.8
0.710.30.750.810.540.650.430.590.140.65-0.070.80.620.630.470.680.340.740.690.260.690.660.740.730.38
0.75-0.10.630.31-0.550.250.410.890.950.430.160.550.230.810.490.860.930.540.660.260.640.670.650.80.92
0.890.180.890.80.20.840.560.840.570.88-0.060.840.510.880.770.830.630.770.860.690.640.780.840.910.7
0.940.590.920.830.160.570.890.780.660.640.230.850.840.930.720.830.620.890.880.660.670.780.980.860.75
0.960.530.960.860.220.670.840.80.620.710.130.910.790.950.720.860.630.860.90.740.650.840.980.90.72
0.950.150.90.740.020.660.570.930.750.80.030.850.550.950.710.960.810.80.920.730.80.910.860.90.87
0.8-0.010.680.5-0.340.360.470.890.930.630.210.580.390.840.640.910.890.730.80.380.920.70.750.720.87
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Shenzhen SDG Account Relationship Matchups

Shenzhen SDG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B10.6B8.3B7.9B8.1B8.5B
Other Current Liab360.2M979.3M440.7M50.4M56.5M53.7M
Total Current Liabilities3.9B6.0B3.5B3.6B3.9B4.1B
Total Stockholder Equity2.9B3.0B2.0B1.8B1.9B1.4B
Retained Earnings1.2B581.8M(38.3M)(163.6M)(441.4M)(419.4M)
Accounts Payable1.9B1.9B1.2B1.7B1.8B1.0B
Cash834.7M3.0B1.8B659.7M707.5M628.7M
Other Assets440.0M673.6M706.5M812.7M934.6M981.3M
Long Term Debt160.6M1.0B2.1B1.7B1.5B1.6B
Net Receivables2.7B1.6B2.5B2.4B2.3B1.2B
Short Term Investments60.1M112.0M84.3M70M63M39.4M
Inventory1.6B2.2B942.4M1.2B1.6B1.7B
Other Current Assets262.2M371.6M239.7M95.8M86.8M95.7M
Total Liab4.2B7.1B5.8B5.5B5.6B5.9B
Intangible Assets155.1M183.2M184.9M203.9M125.7M72.0M
Property Plant Equipment787.6M757.1M911.8M1.2B1.4B1.5B
Other Liab44.0M137.0M136.5M83.8M96.4M51.7M
Good Will456.9M501.7M501.9M494.8M348.9M378.6M
Net Tangible Assets1.7B2.3B1.8B1.3B1.5B1.8B
Deferred Long Term Liab34.1M25.1M65.7M86.9M99.9M104.9M
Short Long Term Debt1.4B2.8B1.6B1.2B1.2B1.3B
Total Current Assets5.5B7.8B5.6B4.9B5.2B5.5B
Non Current Assets Total2.2B2.3B2.8B2.9B2.9B2.5B
Non Currrent Assets Other223.4M228.7M337.0M242.9M229.3M187.5M
Non Current Liabilities Total297.6M1.2B2.3B1.9B1.7B1.1B
Non Current Liabilities Other35.4M25.4M871.4K1.6M2.2M2.1M
Common Stock Shares Outstanding815.0M816.6M844.6M844.6M900.3M899.8M
Other Stockholder Equity82.2M13.2M104.1M68.5M78.8M58.9M
Net Invested Capital4.4B6.8B5.7B4.7B4.6B5.2B
Net Working Capital1.6B2.3B2.1B1.3B1.3B1.7B
Net Debt695.1M858.9M1.9B2.3B2.0B1.5B
Capital Stock815.0M816.6M844.6M844.6M900.3M888.8M

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen SDG Information at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen SDG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen SDG and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.