Huaxi Income Before Tax vs Gross Profit Analysis

002926 Stock

8.69 0.08 0.93%

Huaxi Securities financial indicator trend analysis is much more than just examining Huaxi Securities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huaxi Securities is a good investment. Please check the relationship between Huaxi Securities Income Before Tax and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huaxi Securities 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 Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huaxi Securities Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Huaxi Securities' Income Before Tax and Gross Profit is 0.91. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Huaxi Securities Co, assuming nothing else is changed. The correlation between historical values of Huaxi Securities' Income Before Tax and Gross Profit 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 Huaxi Securities Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Huaxi Securities' Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Huaxi Securities Co minus its cost of goods sold. It is profit before Huaxi Securities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Huaxi Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huaxi Securities 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 Huaxi Securities 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.

As of December 29, 2024, Selling General Administrative is expected to decline to about 1.9 B. In addition to that, Tax Provision is expected to decline to about 20.9 M

	2023	2024 (projected)
Gross Profit	1.7B	1.6B
Total Revenue	3.2B	3.0B

Gross Profit Total Revenue

Huaxi Securities fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Net Debt	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.79	0.95	0.83	0.39	0.83	0.81	0.38	0.88	0.54	-0.48	0.93	0.42	-0.58	0.6	-0.86	0.98	0.86	0.96	0.87	0.75	0.81	0.84	0.89	0.75	0.92
Other Current Liab	0.79		0.75	0.75	0.41	0.76	0.64	0.77	0.79	0.88	-0.48	0.75	0.77	-0.65	0.9	-0.93	0.74	0.72	0.82	0.87	0.78	0.83	0.75	0.63	0.81	0.87
Total Current Liabilities	0.95	0.75		0.73	0.51	0.76	0.66	0.48	0.81	0.55	-0.47	0.96	0.54	-0.52	0.63	-0.81	0.95	0.78	0.98	0.89	0.7	0.84	0.79	0.89	0.68	0.85
Total Stockholder Equity	0.83	0.75	0.73		-0.07	0.99	0.92	0.37	0.93	0.4	-0.74	0.68	0.44	-0.88	0.51	-0.78	0.69	0.96	0.8	0.86	0.95	0.66	0.93	0.83	0.95	0.95
Other Liab	0.39	0.41	0.51	-0.07		0.0	-0.12	0.38	0.19	0.58	0.37	0.61	0.39	0.27	0.45	-0.4	0.54	-0.02	0.51	0.36	-0.03	0.63	0.05	0.22	-0.03	0.17
Net Tangible Assets	0.83	0.76	0.76	0.99	0.0		0.88	0.41	0.93	0.44	-0.73	0.71	0.52	-0.87	0.53	-0.79	0.69	0.95	0.84	0.9	0.97	0.72	0.94	0.85	0.96	0.95
Retained Earnings	0.81	0.64	0.66	0.92	-0.12	0.88		0.19	0.91	0.26	-0.72	0.61	0.17	-0.82	0.39	-0.73	0.7	0.96	0.7	0.72	0.77	0.49	0.81	0.76	0.77	0.87
Accounts Payable	0.38	0.77	0.48	0.37	0.38	0.41	0.19		0.43	0.81	-0.41	0.45	0.94	-0.51	0.87	-0.67	0.35	0.36	0.49	0.61	0.49	0.62	0.42	0.3	0.55	0.48
Cash	0.88	0.79	0.81	0.93	0.19	0.93	0.91	0.43		0.47	-0.67	0.79	0.45	-0.83	0.57	-0.85	0.78	0.96	0.87	0.91	0.84	0.74	0.86	0.85	0.83	0.93
Other Assets	0.54	0.88	0.55	0.4	0.58	0.44	0.26	0.81	0.47		-0.2	0.54	0.79	-0.36	0.95	-0.79	0.55	0.39	0.61	0.67	0.5	0.74	0.46	0.37	0.54	0.6
Long Term Debt	-0.48	-0.48	-0.47	-0.74	0.37	-0.73	-0.72	-0.41	-0.67	-0.2		-0.31	-0.36	0.92	-0.46	0.57	-0.33	-0.78	-0.46	-0.63	-0.68	-0.3	-0.61	-0.52	-0.68	-0.63
Net Receivables	0.93	0.75	0.96	0.68	0.61	0.71	0.61	0.45	0.79	0.54	-0.31		0.52	-0.41	0.57	-0.78	0.95	0.7	0.96	0.84	0.65	0.86	0.75	0.83	0.64	0.81
Good Will	0.42	0.77	0.54	0.44	0.39	0.52	0.17	0.94	0.45	0.79	-0.36	0.52		-0.5	0.81	-0.64	0.37	0.38	0.58	0.69	0.63	0.72	0.53	0.4	0.66	0.55
Short Term Investments	-0.58	-0.65	-0.52	-0.88	0.27	-0.87	-0.82	-0.51	-0.83	-0.36	0.92	-0.41	-0.5		-0.54	0.69	-0.41	-0.88	-0.57	-0.75	-0.84	-0.47	-0.76	-0.63	-0.85	-0.78
Other Current Assets	0.6	0.9	0.63	0.51	0.45	0.53	0.39	0.87	0.57	0.95	-0.46	0.57	0.81	-0.54		-0.85	0.59	0.52	0.66	0.75	0.56	0.73	0.52	0.44	0.61	0.67
Other Stockholder Equity	-0.86	-0.93	-0.81	-0.78	-0.4	-0.79	-0.73	-0.67	-0.85	-0.79	0.57	-0.78	-0.64	0.69	-0.85		-0.81	-0.78	-0.86	-0.9	-0.76	-0.88	-0.69	-0.65	-0.78	-0.86
Total Liab	0.98	0.74	0.95	0.69	0.54	0.69	0.7	0.35	0.78	0.55	-0.33	0.95	0.37	-0.41	0.59	-0.81		0.74	0.93	0.79	0.6	0.79	0.73	0.83	0.6	0.83
Long Term Investments	0.86	0.72	0.78	0.96	-0.02	0.95	0.96	0.36	0.96	0.39	-0.78	0.7	0.38	-0.88	0.52	-0.78	0.74		0.81	0.85	0.86	0.61	0.91	0.88	0.85	0.94
Total Current Assets	0.96	0.82	0.98	0.8	0.51	0.84	0.7	0.49	0.87	0.61	-0.46	0.96	0.58	-0.57	0.66	-0.86	0.93	0.81		0.94	0.78	0.91	0.84	0.89	0.77	0.9
Intangible Assets	0.87	0.87	0.89	0.86	0.36	0.9	0.72	0.61	0.91	0.67	-0.63	0.84	0.69	-0.75	0.75	-0.9	0.79	0.85	0.94		0.87	0.9	0.84	0.82	0.86	0.92
Common Stock	0.75	0.78	0.7	0.95	-0.03	0.97	0.77	0.49	0.84	0.5	-0.68	0.65	0.63	-0.84	0.56	-0.76	0.6	0.86	0.78	0.87		0.72	0.93	0.78	0.99	0.92
Property Plant Equipment	0.81	0.83	0.84	0.66	0.63	0.72	0.49	0.62	0.74	0.74	-0.3	0.86	0.72	-0.47	0.73	-0.88	0.79	0.61	0.91	0.9	0.72		0.65	0.67	0.72	0.76
Deferred Long Term Liab	0.84	0.75	0.79	0.93	0.05	0.94	0.81	0.42	0.86	0.46	-0.61	0.75	0.53	-0.76	0.52	-0.69	0.73	0.91	0.84	0.84	0.93	0.65		0.93	0.92	0.96
Net Debt	0.89	0.63	0.89	0.83	0.22	0.85	0.76	0.3	0.85	0.37	-0.52	0.83	0.4	-0.63	0.44	-0.65	0.83	0.88	0.89	0.82	0.78	0.67	0.93		0.75	0.89
Common Stock Shares Outstanding	0.75	0.81	0.68	0.95	-0.03	0.96	0.77	0.55	0.83	0.54	-0.68	0.64	0.66	-0.85	0.61	-0.78	0.6	0.85	0.77	0.86	0.99	0.72	0.92	0.75		0.92
Net Invested Capital	0.92	0.87	0.85	0.95	0.17	0.95	0.87	0.48	0.93	0.6	-0.63	0.81	0.55	-0.78	0.67	-0.86	0.83	0.94	0.9	0.92	0.92	0.76	0.96	0.89	0.92

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Huaxi Securities Account Relationship Matchups

Huaxi Securities fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	67.8B	77.2B	95.8B	97.7B	88.9B	76.5B
Other Current Liab	372.1M	1.9B	1.9B	3.5B	4.0B	4.2B
Total Current Liabilities	37.5B	42.2B	53.7B	52.0B	59.8B	40.1B
Total Stockholder Equity	19.6B	21.3B	22.4B	22.4B	22.8B	19.8B
Other Liab	520.5M	706.2M	970.3M	1.0B	1.2B	850.9M
Net Tangible Assets	19.6B	21.2B	22.3B	22.3B	25.6B	19.1B
Retained Earnings	8.9B	10.6B	11.9B	12.1B	7.7B	9.3B
Accounts Payable	322.0K	15.3M	23.4M	24.4M	141.8M	148.9M
Cash	20.4B	39.1B	50.0B	49.1B	47.6B	31.9B
Other Assets	401.9M	586.9M	617.4M	5.7B	6.5B	6.9B
Net Receivables	11.5B	15.4B	18.6B	16.6B	19.1B	14.2B
Other Current Assets	5.0B	6.3B	7.3B	25.7B	29.6B	31.0B
Other Stockholder Equity	49.7M	21.2M	(263.4M)	(382.7M)	(344.5M)	(327.2M)
Total Liab	48.1B	55.9B	73.4B	75.3B	66.1B	56.6B
Long Term Investments	26.2B	31.4B	33.0B	35.8B	30.8B	25.1B
Total Current Assets	57.3B	68.5B	87.1B	89.7B	103.2B	65.0B
Intangible Assets	49.5M	70.0M	87.4M	106.2M	140.4M	75.1M
Property Plant Equipment	599.5M	598.9M	753.5M	741.7M	852.9M	699.0M
Deferred Long Term Liab	68.3M	74.1M	63.3M	66.9M	76.9M	63.7M
Net Invested Capital	36.4B	42.2B	41.0B	49.2B	48.5B	41.9B

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Other Information on Investing in Huaxi Stock

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

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Huaxi Income Before Tax vs Gross Profit Analysis

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

Correlation Coefficient

Income Before Tax

Gross Profit

Huaxi Securities fundamental ratios Correlations

Huaxi Securities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huaxi Securities fundamental ratios Accounts

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Other Information on Investing in Huaxi Stock

COMMON DESTINATIONS

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COMPANY

Net Tangible Assets	+ 0.99	Total Stockholder Equity
Common Stock Shares Outstanding	+ 0.99	Common Stock
Total Liab	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Current Liabilities
Common Stock	+ 0.97	Net Tangible Assets
Total Current Assets	+ 0.96	Total Assets

Other Stockholder Equity	- 0.93	Other Current Liab
Intangible Assets	- 0.9	Other Stockholder Equity
Property Plant Equipment	- 0.88	Other Stockholder Equity
Long Term Investments	- 0.88	Short Term Investments
Short Term Investments	- 0.88	Total Stockholder Equity
Short Term Investments	- 0.87	Net Tangible Assets