Xinjiang Total Other Income Expense Net vs Income Before Tax Analysis

002202 Stock   10.98  0.11  1.01%   
Xinjiang Goldwind financial indicator trend analysis is more than just analyzing Xinjiang Goldwind Science current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Goldwind Science is a good investment. Please check the relationship between Xinjiang Goldwind Total Other Income Expense Net and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Goldwind Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Other Income Expense Net vs Income Before Tax

Total Other Income Expense Net vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Goldwind Science Total Other Income Expense Net account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xinjiang Goldwind's Total Other Income Expense Net and Income Before Tax is 0.61. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Xinjiang Goldwind Science, assuming nothing else is changed. The correlation between historical values of Xinjiang Goldwind's Total Other Income Expense Net 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 Total Other Income Expense Net of Xinjiang Goldwind Science 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 Total Other Income Expense Net i.e., Xinjiang Goldwind's Total Other Income Expense Net and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Other Income Expense Net

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Xinjiang Goldwind income statement and is an important metric when analyzing Xinjiang Goldwind Science 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 Xinjiang Goldwind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Goldwind Science 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 Xinjiang Goldwind Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 13, 2024, Selling General Administrative is expected to decline to about 2.3 B. In addition to that, Tax Provision is expected to decline to about 550.9 M
 2021 2022 2023 2024 (projected)
Operating Income5.1B1.7B1.9B2.1B
Total Revenue50.6B46.4B50.5B25.8B

Xinjiang Goldwind fundamental ratios Correlations

0.50.990.990.990.990.990.590.980.970.810.90.850.391.00.970.750.99-0.390.910.860.870.840.230.920.83
0.50.520.570.50.540.410.260.510.430.670.310.110.790.470.410.660.480.30.550.620.610.650.660.490.6
0.990.520.980.970.970.990.590.970.940.790.910.870.430.990.960.740.98-0.40.910.850.880.840.220.920.81
0.990.570.980.980.980.970.610.970.950.860.870.80.430.980.950.810.98-0.320.90.880.870.850.290.890.84
0.990.50.970.980.990.970.520.990.970.810.870.790.380.990.940.731.0-0.350.90.880.860.840.270.880.85
0.990.540.970.980.990.970.510.990.970.820.880.770.410.980.970.740.99-0.330.920.90.90.890.30.90.88
0.990.410.990.970.970.970.610.970.950.760.920.880.310.990.980.70.98-0.490.90.810.870.810.120.920.77
0.590.260.590.610.520.510.610.480.560.690.430.550.050.590.530.710.53-0.380.550.410.490.43-0.040.650.37
0.980.510.970.970.990.990.970.480.960.790.90.790.410.980.960.710.99-0.340.910.890.890.880.280.890.87
0.970.430.940.950.970.970.950.560.960.810.830.780.310.970.940.710.97-0.320.850.850.810.820.250.880.87
0.810.670.790.860.810.820.760.690.790.810.590.520.470.80.720.950.8-0.030.810.810.790.830.430.780.81
0.90.310.910.870.870.880.920.430.90.830.590.880.330.90.940.580.89-0.510.870.740.880.80.090.860.68
0.850.110.870.80.790.770.880.550.790.780.520.880.230.860.850.520.81-0.530.720.580.670.6-0.080.80.58
0.390.790.430.430.380.410.310.050.410.310.470.330.230.370.310.510.370.330.430.430.510.550.470.390.5
1.00.470.990.980.990.980.990.590.980.970.80.90.860.370.970.730.99-0.410.910.850.870.840.210.920.83
0.970.410.960.950.940.970.980.530.960.940.720.940.850.310.970.670.96-0.50.920.830.90.850.130.930.8
0.750.660.740.810.730.740.70.710.710.710.950.580.520.510.730.670.72-0.020.760.730.760.80.40.710.71
0.990.480.980.981.00.990.980.530.990.970.80.890.810.370.990.960.72-0.370.910.880.870.850.250.90.85
-0.390.3-0.4-0.32-0.35-0.33-0.49-0.38-0.34-0.32-0.03-0.51-0.530.33-0.41-0.5-0.02-0.37-0.39-0.06-0.34-0.110.71-0.440.06
0.910.550.910.90.90.920.90.550.910.850.810.870.720.430.910.920.760.91-0.390.90.970.930.270.960.82
0.860.620.850.880.880.90.810.410.890.850.810.740.580.430.850.830.730.88-0.060.90.850.90.60.820.95
0.870.610.880.870.860.90.870.490.890.810.790.880.670.510.870.90.760.87-0.340.970.850.960.280.920.79
0.840.650.840.850.840.890.810.430.880.820.830.80.60.550.840.850.80.85-0.110.930.90.960.470.860.9
0.230.660.220.290.270.30.12-0.040.280.250.430.09-0.080.470.210.130.40.250.710.270.60.280.470.170.61
0.920.490.920.890.880.90.920.650.890.880.780.860.80.390.920.930.710.9-0.440.960.820.920.860.170.79
0.830.60.810.840.850.880.770.370.870.870.810.680.580.50.830.80.710.850.060.820.950.790.90.610.79
Click cells to compare fundamentals

Xinjiang Goldwind Account Relationship Matchups

Xinjiang Goldwind fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets103.1B109.1B119.4B136.8B143.5B150.7B
Other Current Liab17.6B12.2B11.7B11.7B2.7B2.6B
Total Current Liabilities49.6B47.8B49.9B59.1B63.0B66.2B
Total Stockholder Equity30.7B34.2B35.5B38.1B37.6B39.5B
Other Liab4.6B5.2B6.4B6.6B7.6B8.0B
Retained Earnings12.7B14.9B17.2B16.9B17.5B18.4B
Accounts Payable25.4B28.6B31.9B39.5B41.6B43.7B
Cash7.2B8.3B8.6B15.6B14.2B7.3B
Other Assets14.1B15.2B17.3B18.8B21.7B22.7B
Long Term Debt16.9B18.0B24.4B28.4B28.2B29.6B
Net Receivables20.7B20.8B23.6B24.3B25.5B13.4B
Inventory8.1B5.7B4.8B9.8B15.3B16.0B
Other Current Assets12.0B3.3B4.7B2.0B2.6B2.4B
Total Liab70.8B74.2B82.9B96.5B103.3B108.4B
Intangible Assets4.0B4.8B6.2B7.1B7.4B7.8B
Property Plant Equipment25.5B29.8B35.6B39.2B45.1B47.4B
Good Will470.2M354.8M163.3M178.2M107.4M102.0M
Net Tangible Assets21.2B26.8B29.7B29.9B34.4B25.4B
Other Stockholder Equity1.5B1.6B2.9B2.0B2.3B1.7B
Deferred Long Term Liab541.5M724.9M737.4M807.1M928.2M498.2M
Short Long Term Debt2.0B2.6B471.5M1.2B386.1M366.8M
Total Current Assets48.4B44.0B47.9B62.4B63.8B47.8B
Non Current Assets Total54.6B65.1B71.4B74.4B79.7B63.9B
Non Currrent Assets Other4.5B39.4B10.8B12.1B11.8B11.8B
Non Current Liabilities Total21.3B26.3B33.1B37.3B40.2B30.3B
Non Current Liabilities Other2.5B3.4B3.7B3.3B5.4B3.4B
Net Debt10.1B12.4B16.3B13.9B14.3B14.6B
Net Invested Capital48.0B54.8B60.4B67.6B66.1B60.2B
Net Working Capital(1.1B)(3.8B)(2.0B)3.2B809.9M850.4M

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Other Information on Investing in Xinjiang Stock

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