BOE Income Before Tax vs Research Development Analysis

000725 Stock   4.38  0.02  0.45%   
BOE Technology financial indicator trend analysis is way more than just evaluating BOE Technology Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BOE Technology Group is a good investment. Please check the relationship between BOE Technology Income Before Tax and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BOE Technology Group. 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 Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BOE Technology Group Income Before Tax account and Research Development. At this time, the significance of the direction appears to have weak relationship.
The correlation between BOE Technology's Income Before Tax and Research Development is 0.35. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development in the same time period over historical financial statements of BOE Technology Group, assuming nothing else is changed. The correlation between historical values of BOE Technology's Income Before Tax and Research Development 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 BOE Technology Group are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., BOE Technology's Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

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

Research Development

Most indicators from BOE Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BOE Technology Group 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 BOE Technology Group. 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 Tax Provision is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit63.3B20.9B21.9B26.1B
Total Revenue219.3B178.4B174.5B138.4B

BOE Technology fundamental ratios Correlations

0.40.990.90.960.810.920.990.950.930.970.950.880.660.95-0.030.90.990.670.440.330.980.90.960.60.98
0.40.480.120.35-0.040.160.320.40.450.430.280.66-0.090.260.710.110.47-0.190.160.720.330.410.4-0.350.36
0.990.480.870.940.760.880.970.950.930.960.920.920.580.930.050.890.990.60.390.410.960.890.970.540.97
0.90.120.870.820.940.990.930.880.740.80.920.690.770.98-0.420.910.830.880.29-0.070.940.740.880.760.89
0.960.350.940.820.780.860.960.870.980.970.920.820.60.870.050.820.960.650.440.360.910.940.910.60.97
0.81-0.040.760.940.780.960.870.790.670.710.880.540.710.92-0.540.830.730.970.26-0.210.860.70.820.890.84
0.920.160.880.990.860.960.950.890.780.840.950.70.780.98-0.380.880.860.890.36-0.040.960.780.890.770.91
0.990.320.970.930.960.870.950.940.930.960.970.840.660.97-0.120.90.970.750.40.250.980.910.960.680.99
0.950.40.950.880.870.790.890.940.870.910.950.80.580.92-0.060.870.940.660.480.30.980.870.910.60.92
0.930.450.930.740.980.670.780.930.870.970.880.830.520.80.210.760.960.520.460.510.880.960.870.480.93
0.970.430.960.80.970.710.840.960.910.970.90.860.630.860.120.820.990.560.540.460.930.910.910.50.96
0.950.280.920.920.920.880.950.970.950.880.90.770.630.96-0.20.840.910.80.410.150.980.90.90.720.93
0.880.660.920.690.820.540.70.840.80.830.860.770.360.790.240.740.90.350.210.570.80.780.90.310.86
0.66-0.090.580.770.60.710.780.660.580.520.630.630.360.69-0.40.60.610.710.53-0.20.690.440.520.480.63
0.950.260.930.980.870.920.980.970.920.80.860.960.790.69-0.30.910.890.830.30.060.970.810.940.740.94
-0.030.710.05-0.420.05-0.54-0.38-0.12-0.060.210.12-0.20.24-0.4-0.3-0.270.11-0.680.150.86-0.160.12-0.06-0.67-0.05
0.90.110.890.910.820.830.880.90.870.760.820.840.740.60.91-0.270.850.690.270.130.890.720.920.740.88
0.990.470.990.830.960.730.860.970.940.960.990.910.90.610.890.110.850.570.490.460.950.910.940.510.97
0.67-0.190.60.880.650.970.890.750.660.520.560.80.350.710.83-0.680.690.570.23-0.420.750.580.660.90.7
0.440.160.390.290.440.260.360.40.480.460.540.410.210.530.30.150.270.490.230.140.460.320.260.180.4
0.330.720.41-0.070.36-0.21-0.040.250.30.510.460.150.57-0.20.060.860.130.46-0.420.140.20.470.32-0.380.32
0.980.330.960.940.910.860.960.980.980.880.930.980.80.690.97-0.160.890.950.750.460.20.870.920.660.95
0.90.410.890.740.940.70.780.910.870.960.910.90.780.440.810.120.720.910.580.320.470.870.850.520.9
0.960.40.970.880.910.820.890.960.910.870.910.90.90.520.94-0.060.920.940.660.260.320.920.850.650.97
0.6-0.350.540.760.60.890.770.680.60.480.50.720.310.480.74-0.670.740.510.90.18-0.380.660.520.650.65
0.980.360.970.890.970.840.910.990.920.930.960.930.860.630.94-0.050.880.970.70.40.320.950.90.970.65
Click cells to compare fundamentals

BOE Technology Account Relationship Matchups

BOE Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets340.4B424.3B450.2B420.6B419.2B363.3B
Other Current Liab25.8B38.0B32.7B3.7B3.2B3.0B
Total Current Liabilities78.4B105.0B103.4B85.7B90.2B78.8B
Total Stockholder Equity95.1B103.3B143.1B136.1B129.4B114.1B
Other Liab10.8B11.9B10.9B11.5B13.2B10.3B
Net Tangible Assets79.0B86.9B90.0B130.6B150.2B97.1B
Retained Earnings13.9B18.0B39.8B35.8B35.6B21.4B
Accounts Payable23.2B28.4B33.3B30.7B33.9B26.1B
Cash57.0B73.7B81.0B68.8B72.5B68.3B
Other Assets9.8B11.3B10.3B9.5B10.9B8.6B
Long Term Debt109.1B132.9B116.4B123.1B121.5B110.1B
Net Receivables19.2B23.0B35.5B28.2B33.4B25.3B
Good Will707.6M1.4B1.1B660.8M704.7M745.8M
Short Term Investments5.8B4.4B10.0B17.2B7.8B7.9B
Inventory12.5B18.5B27.7B22.8B24.1B17.3B
Other Current Assets8.8B8.4B4.6B3.4B3.3B4.8B
Other Stockholder Equity541.3M8.8B14.0B14.8B17.0B17.9B
Total Liab199.4B250.9B232.9B218.5B221.4B201.2B
Deferred Long Term Liab360.6M345.4M299.6M636.5M732.0M425.6M
Short Long Term Debt6.4B8.6B2.1B2.4B1.7B3.3B
Total Current Assets104.4B129.0B161.2B142.2B143.2B126.4B
Intangible Assets7.4B11.9B11.2B8.9B11.7B8.1B
Property Plant Equipment184.6B213.2B267.4B259.6B298.5B196.3B
Non Current Assets Total236.0B295.3B289.0B278.3B276.0B254.3B
Non Currrent Assets Other9.5B8.6B7.5B2.0B4.0B4.8B
Non Current Liabilities Total121.0B145.9B129.5B132.9B131.2B131.4B
Non Current Liabilities Other8.2B5.3B4.4B2.5B2.5B2.4B
Net Debt57.5B67.8B37.5B56.7B50.8B57.3B
Net Invested Capital209.5B244.7B261.6B261.6B252.7B252.0B
Net Working Capital26.1B24.0B57.9B56.6B53.0B47.9B

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Other Information on Investing in BOE Stock

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