Anhui Income Before Tax vs Total Revenue Analysis

000596 Stock   189.63  0.02  0.01%   
Anhui Gujing financial indicator trend analysis is way more than just evaluating Anhui Gujing Distillery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Gujing Distillery is a good investment. Please check the relationship between Anhui Gujing Income Before Tax and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Gujing Distillery. 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 Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Gujing Distillery Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Anhui Gujing's Income Before Tax and Total Revenue is 0.89. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Anhui Gujing Distillery, assuming nothing else is changed. The correlation between historical values of Anhui Gujing's Income Before Tax and Total Revenue 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 Anhui Gujing Distillery are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Anhui Gujing's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Anhui Gujing income statement and is an important metric when analyzing Anhui Gujing Distillery 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.

Total Revenue

Total revenue comprises all receipts Anhui Gujing Distillery generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Anhui Gujing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Gujing Distillery 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 Anhui Gujing Distillery. 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.
As of December 1, 2024, Selling General Administrative is expected to decline to about 3.8 B. In addition to that, Tax Provision is expected to decline to about 868.7 M
 2021 2022 2023 2024 (projected)
Gross Profit10.0B12.9B16.0B9.2B
Total Revenue13.3B16.7B20.3B12.0B

Anhui Gujing fundamental ratios Correlations

0.311.01.00.940.920.980.80.910.9-0.390.140.990.42-0.821.0-0.82-0.421.00.880.830.980.87-0.780.930.98
0.310.230.330.470.40.350.040.330.180.250.120.260.77-0.570.24-0.53-0.250.370.520.040.3-0.12-0.580.170.34
1.00.230.990.920.90.970.820.90.91-0.40.110.990.37-0.791.0-0.79-0.420.990.850.850.970.9-0.750.940.97
1.00.330.990.940.920.980.790.920.9-0.40.160.990.43-0.820.99-0.82-0.431.00.880.820.980.86-0.780.930.98
0.940.470.920.940.840.950.680.830.77-0.2-0.090.930.55-0.890.92-0.95-0.240.940.980.690.90.7-0.820.80.88
0.920.40.90.920.840.90.90.990.78-0.460.180.90.46-0.780.9-0.79-0.480.920.840.830.870.77-0.790.910.92
0.980.350.970.980.950.90.790.910.81-0.380.010.990.47-0.880.98-0.88-0.440.980.920.80.930.81-0.850.880.94
0.80.040.820.790.680.90.790.920.66-0.50.00.810.25-0.610.82-0.64-0.420.780.670.90.720.82-0.650.870.78
0.910.330.90.920.830.990.910.920.77-0.510.180.910.43-0.770.9-0.77-0.50.920.820.840.860.79-0.780.90.91
0.90.180.910.90.770.780.810.660.77-0.390.40.870.22-0.550.91-0.56-0.320.890.650.790.960.9-0.490.920.94
-0.390.25-0.4-0.4-0.2-0.46-0.38-0.5-0.51-0.39-0.21-0.430.450.09-0.390.170.14-0.37-0.23-0.49-0.42-0.570.08-0.48-0.45
0.140.120.110.16-0.090.180.010.00.180.4-0.210.070.040.130.110.27-0.420.18-0.180.050.260.170.090.220.28
0.990.260.990.990.930.90.990.810.910.87-0.430.070.39-0.820.99-0.83-0.410.990.880.840.960.88-0.780.920.96
0.420.770.370.430.550.460.470.250.430.220.450.040.39-0.740.38-0.57-0.480.480.560.170.340.0-0.770.260.37
-0.82-0.57-0.79-0.82-0.89-0.78-0.88-0.61-0.77-0.550.090.13-0.82-0.74-0.790.880.52-0.84-0.92-0.54-0.72-0.480.98-0.62-0.73
1.00.241.00.990.920.90.980.820.90.91-0.390.110.990.38-0.79-0.79-0.410.990.860.850.970.9-0.760.940.97
-0.82-0.53-0.79-0.82-0.95-0.79-0.88-0.64-0.77-0.560.170.27-0.83-0.570.88-0.790.13-0.82-0.98-0.57-0.74-0.520.83-0.65-0.73
-0.42-0.25-0.42-0.43-0.24-0.48-0.44-0.42-0.5-0.320.14-0.42-0.41-0.480.52-0.410.13-0.47-0.23-0.35-0.36-0.290.63-0.39-0.43
1.00.370.991.00.940.920.980.780.920.89-0.370.180.990.48-0.840.99-0.82-0.470.880.790.970.83-0.810.910.97
0.880.520.850.880.980.840.920.670.820.65-0.23-0.180.880.56-0.920.86-0.98-0.230.880.620.820.6-0.860.720.81
0.830.040.850.820.690.830.80.90.840.79-0.490.050.840.17-0.540.85-0.57-0.350.790.620.820.92-0.530.960.86
0.980.30.970.980.90.870.930.720.860.96-0.420.260.960.34-0.720.97-0.74-0.360.970.820.820.89-0.660.940.99
0.87-0.120.90.860.70.770.810.820.790.9-0.570.170.880.0-0.480.9-0.52-0.290.830.60.920.89-0.440.950.89
-0.78-0.58-0.75-0.78-0.82-0.79-0.85-0.65-0.78-0.490.080.09-0.78-0.770.98-0.760.830.63-0.81-0.86-0.53-0.66-0.44-0.6-0.7
0.930.170.940.930.80.910.880.870.90.92-0.480.220.920.26-0.620.94-0.65-0.390.910.720.960.940.95-0.60.96
0.980.340.970.980.880.920.940.780.910.94-0.450.280.960.37-0.730.97-0.73-0.430.970.810.860.990.89-0.70.96
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Anhui Gujing Account Relationship Matchups

Anhui Gujing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B15.2B25.4B29.8B35.4B19.3B
Other Current Liab1.9B2.7B4.4B1.0B1.1B2.2B
Total Current Liabilities4.2B4.5B7.7B10.0B12.4B6.3B
Total Stockholder Equity8.9B10.0B16.5B18.5B21.5B12.2B
Other Liab179.4M191.7M189.9M285.1M327.9M194.5M
Net Tangible Assets6.4B7.7B8.6B14.9B17.1B18.0B
Retained Earnings7.1B8.2B9.8B11.5B14.5B8.4B
Accounts Payable1.3B645.8M1.1B2.7B4.2B4.4B
Cash5.6B6.0B11.9B13.8B16.0B16.8B
Other Assets191.7M169.6M171.9M351.0M403.7M232.3M
Net Receivables1.1B67.9M787.8M62.7M68.6M65.2M
Short Term Investments509.0M203.9M2.7B1.8B720.0M901.7M
Inventory3.0B3.4B4.7B6.1B7.5B4.0B
Other Current Assets311.9M133.4M318.6M125.6M135.1M184.7M
Other Stockholder Equity86.4M37.6M32.9M30.1M27.1M42.9M
Total Liab4.4B4.7B8.2B10.5B13.0B6.6B
Deferred Long Term Liab83.6M70.2M64.6M55.9M50.3M64.6M
Total Current Assets10.5B11.5B20.3B22.3B25.5B14.0B
Intangible Assets785.7M934.7M1.1B1.1B1.1B910.3M
Property Plant Equipment1.9B1.9B2.1B3.1B3.6B2.3B
Non Current Assets Total3.3B3.7B5.1B7.5B9.9B5.6B
Non Currrent Assets Other4.1M5.9M7.2M6.9M5.7M5.4M
Non Current Liabilities Total191.7M250.1M485.6M448.5M598.0M340.7M
Net Invested Capital8.9B10.2B16.7B18.6B21.6B14.2B
Net Working Capital6.3B7.0B12.6B12.3B13.1B9.3B

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Other Information on Investing in Anhui Stock

Balance Sheet is a snapshot of the financial position of Anhui Gujing Distillery at a specified time, usually calculated after every quarter, six months, or one year. Anhui Gujing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Gujing 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.