Yunnan Income Before Tax vs Net Income Analysis

000878 Stock   12.90  0.40  3.01%   
Yunnan Copper financial indicator trend analysis is more than just analyzing Yunnan Copper current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Copper is a good investment. Please check the relationship between Yunnan Copper Income Before Tax and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Copper Co. 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 Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Copper Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Yunnan Copper's Income Before Tax and Net Income is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Yunnan Copper Co, assuming nothing else is changed. The correlation between historical values of Yunnan Copper's Income Before Tax and Net Income 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 Yunnan Copper Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Yunnan Copper's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Yunnan Copper financial statement analysis. It represents the amount of money remaining after all of Yunnan Copper Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Yunnan Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Copper 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 Yunnan Copper Co. 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 742.4 M, whereas Discontinued Operations is projected to grow to (63.1 M).
 2021 2022 2023 2024 (projected)
Operating Income2.9B4.5B3.9B4.1B
Total Revenue127.1B134.9B147.0B154.3B

Yunnan Copper fundamental ratios Correlations

0.310.610.660.490.740.470.380.73-0.170.860.740.960.870.880.350.780.160.570.37-0.590.660.360.710.470.67
0.310.44-0.15-0.21-0.24-0.290.39-0.030.360.280.280.390.070.420.340.1-0.41-0.21-0.3-0.210.260.47-0.080.270.17
0.610.440.19-0.060.380.10.810.050.520.790.270.760.330.510.410.24-0.2-0.15-0.090.020.060.18-0.010.080.15
0.66-0.150.190.930.640.94-0.080.78-0.540.510.560.520.760.470.050.820.720.820.69-0.720.610.170.820.510.57
0.49-0.21-0.060.930.470.91-0.380.74-0.720.360.560.30.610.25-0.180.690.660.860.64-0.680.580.070.850.450.49
0.74-0.240.380.640.470.480.180.57-0.290.580.520.670.760.640.290.710.320.60.59-0.40.450.180.660.370.53
0.47-0.290.10.940.910.48-0.170.62-0.460.410.370.320.620.22-0.090.60.720.760.71-0.560.42-0.030.670.350.34
0.380.390.81-0.08-0.380.18-0.17-0.130.640.460.00.540.210.450.320.06-0.18-0.34-0.330.11-0.050.26-0.260.06-0.07
0.73-0.030.050.780.740.570.62-0.13-0.680.50.720.630.670.630.10.870.510.690.52-0.750.730.320.90.520.83
-0.170.360.52-0.54-0.72-0.29-0.460.64-0.680.07-0.450.01-0.3-0.090.36-0.52-0.51-0.68-0.410.55-0.49-0.15-0.78-0.38-0.53
0.860.280.790.510.360.580.410.460.50.070.560.90.640.630.210.49-0.010.310.13-0.230.350.090.450.130.41
0.740.280.270.560.560.520.370.00.72-0.450.560.670.570.560.00.64-0.060.520.31-0.550.550.240.740.370.58
0.960.390.760.520.30.670.320.540.630.010.90.670.720.870.440.70.030.330.23-0.450.540.380.550.390.64
0.870.070.330.760.610.760.620.210.67-0.30.640.570.720.770.180.770.420.820.5-0.660.670.260.750.510.5
0.880.420.510.470.250.640.220.450.63-0.090.630.560.870.770.590.80.180.430.3-0.690.790.670.60.680.73
0.350.340.410.05-0.180.29-0.090.320.10.360.210.00.440.180.590.40.02-0.110.32-0.310.380.490.020.40.5
0.780.10.240.820.690.710.60.060.87-0.520.490.640.70.770.80.40.590.690.61-0.850.840.540.860.730.88
0.16-0.41-0.20.720.660.320.72-0.180.51-0.51-0.01-0.060.030.420.180.020.590.590.55-0.580.450.210.50.480.37
0.57-0.21-0.150.820.860.60.76-0.340.69-0.680.310.520.330.820.43-0.110.690.590.65-0.720.670.120.870.50.45
0.37-0.3-0.090.690.640.590.71-0.330.52-0.410.130.310.230.50.30.320.610.550.65-0.570.460.160.610.480.48
-0.59-0.210.02-0.72-0.68-0.4-0.560.11-0.750.55-0.23-0.55-0.45-0.66-0.69-0.31-0.85-0.58-0.72-0.57-0.94-0.69-0.8-0.9-0.74
0.660.260.060.610.580.450.42-0.050.73-0.490.350.550.540.670.790.380.840.450.670.46-0.940.690.810.850.76
0.360.470.180.170.070.18-0.030.260.32-0.150.090.240.380.260.670.490.540.210.120.16-0.690.690.320.90.58
0.71-0.08-0.010.820.850.660.67-0.260.9-0.780.450.740.550.750.60.020.860.50.870.61-0.80.810.320.60.76
0.470.270.080.510.450.370.350.060.52-0.380.130.370.390.510.680.40.730.480.50.48-0.90.850.90.60.64
0.670.170.150.570.490.530.34-0.070.83-0.530.410.580.640.50.730.50.880.370.450.48-0.740.760.580.760.64
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Yunnan Copper Account Relationship Matchups

Yunnan Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.4B39.8B39.1B40.0B39.4B26.7B
Other Current Liab789.7M2.1B1.2B1.1B68.1M64.7M
Total Current Liabilities20.1B16.6B12.7B14.6B11.3B14.1B
Total Stockholder Equity8.4B8.2B9.3B13.2B13.9B14.6B
Retained Earnings764.6M1.1B1.6B3.1B3.0B3.2B
Accounts Payable6.6B3.4B4.0B5.5B5.1B3.7B
Cash2.6B2.1B4.1B5.3B6.5B6.8B
Other Assets1.0B1.2B834.1M629.8M724.3M739.3M
Long Term Debt8.3B11.1B12.8B8.9B10.5B11.0B
Net Receivables541.2M89.7M232.1M134.8M105.9M100.6M
Inventory13.0B12.0B10.8B10.3B10.8B8.6B
Other Current Assets3.3B4.6B5.4B6.5B1.6B2.4B
Total Liab30.2B28.1B25.9B23.9B22.2B18.9B
Property Plant Equipment18.7B16.8B15.1B13.8B15.9B9.5B
Other Liab1.1B66.6M206.1M251.7M289.4M441.8M
Intangible Assets1.9B1.7B1.5B1.8B1.9B2.0B
Short Term Investments141.4M159.7M161.8M134.9M749.7M787.1M
Net Tangible Assets6.4B6.5B7.8B11.4B13.1B7.1B
Other Stockholder Equity75.4M(479.4M)74.0M108.6M124.9M131.2M
Deferred Long Term Liab431.4M348.9M326.9M284.1M255.7M302.9M
Short Long Term Debt7.3B8.5B5.7B3.0B3.8B5.1B
Total Current Assets19.7B19.3B20.7B22.7B22.2B18.7B
Non Current Assets Total22.7B20.6B18.4B17.3B17.2B20.0B
Non Currrent Assets Other83.8M62.0M97.3M85.1M483.7M507.9M
Non Current Liabilities Total10.2B11.5B13.2B9.3B10.9B9.8B
Non Current Liabilities Other8.3B258.5M183.6M233.6M216.9M206.0M
Net Debt13.0B17.6B14.4B6.7B7.7B9.8B
Net Invested Capital24.0B27.8B27.7B25.1B28.1B27.8B
Net Working Capital(423.2M)2.7B8.1B8.1B10.9B11.5B

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Other Information on Investing in Yunnan Stock

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