Yunnan Other Operating Expenses vs Income Before Tax 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 Other Operating Expenses and its Income Before Tax 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.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Copper Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yunnan Copper's Other Operating Expenses and Income Before Tax is 0.81. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax 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 Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Yunnan Copper Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Yunnan Copper's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Yunnan Copper. It is also known as Yunnan Copper overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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.
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.