Changsha Gross Profit vs Income Before Tax Analysis

300700 Stock

8.86 0.12 1.37%

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

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changsha DIALINE New Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Changsha DIALINE's Gross Profit and Income Before Tax is 0.83. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Changsha DIALINE New, assuming nothing else is changed. The correlation between historical values of Changsha DIALINE's Gross Profit 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 Gross Profit of Changsha DIALINE New 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 Gross Profit i.e., Changsha DIALINE's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Changsha DIALINE New minus its cost of goods sold. It is profit before Changsha DIALINE 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Changsha DIALINE income statement and is an important metric when analyzing Changsha DIALINE New 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 Changsha DIALINE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha DIALINE New 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 Changsha DIALINE New. 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.

The current year's Tax Provision is expected to grow to about 11.1 M. The current year's Selling General Administrative is expected to grow to about 67.2 M

	2021	2022	2023	2024 (projected)
Gross Profit	37.4M	227.1M	308.5M	323.9M
Total Revenue	270.7M	642.7M	848.1M	442.3M

Gross Profit Total Revenue

Changsha DIALINE fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.87	0.94	0.98	0.84	0.98	0.83	0.91	0.75	0.97	0.64	0.67	0.52	0.67	0.61	0.95	0.64	0.97	0.87	0.7	0.98	-0.4	0.87	0.89	0.96	0.96
Other Current Liab	0.87		0.85	0.83	0.99	0.84	0.61	0.92	0.5	0.87	0.55	0.64	0.49	0.59	0.56	0.87	0.45	0.87	0.9	0.55	0.83	-0.46	0.66	0.69	0.87	0.86
Total Current Liabilities	0.94	0.85		0.87	0.79	0.94	0.72	0.89	0.69	0.94	0.64	0.76	0.37	0.63	0.43	0.88	0.69	0.98	0.83	0.81	0.91	-0.43	0.91	0.9	0.96	0.95
Total Stockholder Equity	0.98	0.83	0.87		0.82	0.96	0.86	0.89	0.75	0.94	0.54	0.53	0.48	0.65	0.59	0.92	0.62	0.9	0.87	0.59	0.97	-0.4	0.79	0.82	0.93	0.9
Other Liab	0.84	0.99	0.79	0.82		0.79	0.58	0.89	0.45	0.84	0.51	0.57	0.42	0.53	0.51	0.84	0.43	0.81	0.9	0.45	0.79	-0.5	0.58	0.63	0.84	0.81
Net Tangible Assets	0.98	0.84	0.94	0.96	0.79		0.88	0.9	0.79	0.93	0.53	0.6	0.49	0.72	0.57	0.92	0.61	0.96	0.88	0.77	0.98	-0.37	0.89	0.9	0.94	0.93
Retained Earnings	0.83	0.61	0.72	0.86	0.58	0.88		0.62	0.9	0.72	0.3	0.31	0.48	0.74	0.54	0.74	0.54	0.75	0.8	0.74	0.89	-0.2	0.83	0.85	0.7	0.7
Accounts Payable	0.91	0.92	0.89	0.89	0.89	0.9	0.62		0.47	0.92	0.5	0.6	0.35	0.52	0.44	0.92	0.47	0.89	0.82	0.52	0.86	-0.51	0.67	0.67	0.96	0.93
Cash	0.75	0.5	0.69	0.75	0.45	0.79	0.9	0.47		0.61	0.34	0.34	0.4	0.81	0.45	0.55	0.77	0.71	0.74	0.77	0.85	-0.04	0.84	0.87	0.64	0.58
Non Current Assets Total	0.97	0.87	0.94	0.94	0.84	0.93	0.72	0.92	0.61		0.73	0.77	0.52	0.51	0.61	0.98	0.56	0.96	0.79	0.65	0.9	-0.48	0.84	0.84	0.96	0.99
Non Currrent Assets Other	0.64	0.55	0.64	0.54	0.51	0.53	0.3	0.5	0.34	0.73		0.95	0.65	0.19	0.67	0.66	0.43	0.72	0.35	0.47	0.52	-0.25	0.65	0.67	0.6	0.71
Other Assets	0.67	0.64	0.76	0.53	0.57	0.6	0.31	0.6	0.34	0.77	0.95		0.59	0.26	0.59	0.71	0.43	0.8	0.43	0.61	0.56	-0.3	0.72	0.72	0.67	0.79
Long Term Debt	0.52	0.49	0.37	0.48	0.42	0.49	0.48	0.35	0.4	0.52	0.65	0.59		0.4	0.99	0.58	0.03	0.54	0.34	0.38	0.5	0.09	0.49	0.53	0.32	0.5
Net Receivables	0.67	0.59	0.63	0.65	0.53	0.72	0.74	0.52	0.81	0.51	0.19	0.26	0.4		0.44	0.53	0.49	0.65	0.71	0.69	0.77	0.27	0.66	0.7	0.57	0.51
Non Current Liabilities Total	0.61	0.56	0.43	0.59	0.51	0.57	0.54	0.44	0.45	0.61	0.67	0.59	0.99	0.44		0.66	0.1	0.6	0.43	0.37	0.59	0.02	0.52	0.57	0.42	0.57
Inventory	0.95	0.87	0.88	0.92	0.84	0.92	0.74	0.92	0.55	0.98	0.66	0.71	0.58	0.53	0.66		0.39	0.93	0.76	0.62	0.88	-0.41	0.79	0.79	0.9	0.97
Other Current Assets	0.64	0.45	0.69	0.62	0.43	0.61	0.54	0.47	0.77	0.56	0.43	0.43	0.03	0.49	0.1	0.39		0.63	0.66	0.55	0.69	-0.34	0.68	0.7	0.69	0.52
Total Liab	0.97	0.87	0.98	0.9	0.81	0.96	0.75	0.89	0.71	0.96	0.72	0.8	0.54	0.65	0.6	0.93	0.63		0.83	0.8	0.93	-0.38	0.92	0.92	0.94	0.97
Deferred Long Term Liab	0.87	0.9	0.83	0.87	0.9	0.88	0.8	0.82	0.74	0.79	0.35	0.43	0.34	0.71	0.43	0.76	0.66	0.83		0.63	0.9	-0.46	0.72	0.77	0.85	0.76
Short Long Term Debt	0.7	0.55	0.81	0.59	0.45	0.77	0.74	0.52	0.77	0.65	0.47	0.61	0.38	0.69	0.37	0.62	0.55	0.8	0.63		0.72	-0.13	0.94	0.91	0.63	0.7
Total Current Assets	0.98	0.83	0.91	0.97	0.79	0.98	0.89	0.86	0.85	0.9	0.52	0.56	0.5	0.77	0.59	0.88	0.69	0.93	0.9	0.72		-0.31	0.86	0.89	0.92	0.88
Non Current Liabilities Other	-0.4	-0.46	-0.43	-0.4	-0.5	-0.37	-0.2	-0.51	-0.04	-0.48	-0.25	-0.3	0.09	0.27	0.02	-0.41	-0.34	-0.38	-0.46	-0.13	-0.31		-0.26	-0.25	-0.51	-0.48
Short Term Debt	0.87	0.66	0.91	0.79	0.58	0.89	0.83	0.67	0.84	0.84	0.65	0.72	0.49	0.66	0.52	0.79	0.68	0.92	0.72	0.94	0.86	-0.26		0.99	0.8	0.85
Intangible Assets	0.89	0.69	0.9	0.82	0.63	0.9	0.85	0.67	0.87	0.84	0.67	0.72	0.53	0.7	0.57	0.79	0.7	0.92	0.77	0.91	0.89	-0.25	0.99		0.8	0.84
Common Stock	0.96	0.87	0.96	0.93	0.84	0.94	0.7	0.96	0.64	0.96	0.6	0.67	0.32	0.57	0.42	0.9	0.69	0.94	0.85	0.63	0.92	-0.51	0.8	0.8		0.95
Property Plant Equipment	0.96	0.86	0.95	0.9	0.81	0.93	0.7	0.93	0.58	0.99	0.71	0.79	0.5	0.51	0.57	0.97	0.52	0.97	0.76	0.7	0.88	-0.48	0.85	0.84	0.95

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Changsha DIALINE Account Relationship Matchups

Changsha DIALINE fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.1B	1.1B	1.5B	2.2B	1.3B
Other Current Liab	59.1M	56.0M	49.3M	133.1M	132.2M	138.9M
Total Current Liabilities	430.4M	390.6M	597.0M	702.0M	685.5M	512.0M
Total Stockholder Equity	531.9M	533.5M	455.4M	754.5M	1.3B	669.4M
Other Liab	2.6M	2.6M	2.7M	4.9M	5.6M	5.9M
Net Tangible Assets	491.4M	494.2M	417.2M	717.4M	825.0M	523.7M
Retained Earnings	167.3M	168.8M	90.7M	181.6M	254.8M	191.9M
Accounts Payable	101.9M	106.0M	125.3M	215.4M	219.9M	135.6M
Cash	190.8M	99.2M	85.2M	120.2M	278.1M	183.6M
Non Current Assets Total	529.8M	627.2M	641.2M	734.7M	1.0B	632.1M
Non Currrent Assets Other	19.9M	24.9M	27.9M	4.0M	21.3M	14.8M
Other Assets	42.4M	51.6M	61.5M	29.7M	34.2M	32.6M
Long Term Debt	178.8M	210.2M	41.5M	72.5M	141.6M	114.2M
Net Receivables	289.5M	123.5M	130.6M	240.7M	233.6M	218.7M
Non Current Liabilities Total	181.4M	212.8M	44.2M	77.4M	179.1M	121.7M
Inventory	128.4M	142.7M	105.9M	167.4M	216.9M	135.0M
Other Current Assets	5.1M	3.3M	21.6M	8.4M	19.5M	12.7M
Total Liab	611.8M	603.4M	641.2M	779.5M	864.6M	633.7M
Short Long Term Debt	260M	215.2M	212.9M	280.3M	147.2M	236.1M
Total Current Assets	613.9M	509.7M	454.1M	797.2M	1.1B	672.4M
Non Current Liabilities Other	44.9M	178.8M	205.4K	626.1K	563.5K	535.3K
Intangible Assets	40.4M	39.3M	38.2M	37.1M	45.8M	41.2M
Common Stock	82.4M	82.4M	107.1M	121.5M	139.8M	97.4M
Property Plant Equipment	447.0M	536.4M	540.0M	666.4M	766.4M	485.8M
Common Stock Shares Outstanding	107.1M	107.1M	107.1M	121.5M	278.8M	147.1M
Net Invested Capital	970.7M	958.9M	709.8M	1.1B	1.6B	1.1B
Net Working Capital	183.5M	119.1M	(142.9M)	95.1M	440.4M	462.4M
Net Debt	248.0M	326.3M	169.1M	232.7M	10.6M	10.1M
Capital Stock	82.4M	82.4M	107.1M	121.5M	278.8M	292.7M

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Other Information on Investing in Changsha Stock

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

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Changsha Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

Changsha DIALINE fundamental ratios Correlations

Changsha DIALINE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Changsha DIALINE fundamental ratios Accounts

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Other Information on Investing in Changsha Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Liab	+ 0.99	Other Current Liab
Property Plant Equipment	+ 0.99	Non Current Assets Total
Non Current Liabilities Total	+ 0.99	Long Term Debt
Intangible Assets	+ 0.99	Short Term Debt
Total Stockholder Equity	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Total Assets

Common Stock	- 0.51	Non Current Liabilities Other
Non Current Liabilities Other	- 0.51	Accounts Payable
Non Current Liabilities Other	- 0.5	Other Liab
Property Plant Equipment	- 0.48	Non Current Liabilities Other
Non Current Liabilities Other	- 0.48	Non Current Assets Total
Non Current Liabilities Other	- 0.46	Deferred Long Term Liab