Orient Income Before Tax vs Selling General Administrative Analysis

600958 Stock   10.55  0.04  0.38%   
Orient Sec financial indicator trend analysis is much more than just breaking down Orient Sec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orient Sec is a good investment. Please check the relationship between Orient Sec Income Before Tax and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Orient Sec 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 Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orient Sec Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Orient Sec's Income Before Tax and Selling General Administrative is 0.15. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Orient Sec Co, assuming nothing else is changed. The correlation between historical values of Orient Sec's Income Before Tax and Selling General Administrative 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 Orient Sec Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Orient Sec's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

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

Selling General Administrative

Most indicators from Orient Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orient Sec 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 Orient Sec 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 Tax Provision is expected to grow to about 312.7 M, whereas Selling General Administrative is forecasted to decline to about 6.4 B.
 2023 2024 (projected)
Operating Income3.1B3.5B
Total Revenue16.5B12.0B

Orient Sec fundamental ratios Correlations

0.990.60.59-0.80.82-0.191.00.910.940.940.870.890.380.890.840.910.510.830.470.510.910.790.860.86-0.21
0.990.550.56-0.810.83-0.190.980.910.960.930.830.860.390.90.850.940.50.830.460.50.940.80.910.91-0.16
0.60.550.18-0.120.550.450.610.740.440.650.340.410.360.630.650.570.610.660.530.580.540.670.480.48-0.4
0.590.560.18-0.710.32-0.330.590.420.660.640.730.75-0.150.390.290.47-0.10.26-0.02-0.110.490.180.520.520.08
-0.8-0.81-0.12-0.71-0.630.5-0.79-0.64-0.87-0.77-0.83-0.83-0.24-0.63-0.56-0.7-0.14-0.52-0.23-0.14-0.75-0.46-0.71-0.71-0.01
0.820.830.550.32-0.630.00.810.850.720.710.520.570.590.910.890.90.670.890.810.650.90.870.790.79-0.36
-0.19-0.190.45-0.330.50.0-0.180.15-0.29-0.02-0.53-0.480.00.130.19-0.020.320.20.350.45-0.060.20.00.0-0.29
1.00.980.610.59-0.790.81-0.180.910.930.940.870.890.380.880.840.90.520.830.480.510.90.790.850.85-0.22
0.910.910.740.42-0.640.850.150.910.830.910.620.660.470.960.940.930.710.940.660.730.90.920.860.86-0.35
0.940.960.440.66-0.870.72-0.290.930.830.920.870.890.370.80.740.890.310.70.280.310.910.660.890.89-0.04
0.940.930.650.64-0.770.71-0.020.940.910.920.80.830.310.850.810.860.410.760.380.450.880.720.870.87-0.2
0.870.830.340.73-0.830.52-0.530.870.620.870.80.980.180.580.50.640.140.480.10.10.670.420.620.62-0.01
0.890.860.410.75-0.830.57-0.480.890.660.890.830.980.240.60.530.70.170.50.150.120.720.460.680.68-0.02
0.380.390.36-0.15-0.240.590.00.380.470.370.310.180.240.490.570.540.520.510.620.490.530.580.420.42-0.29
0.890.90.630.39-0.630.910.130.880.960.80.850.580.60.490.990.950.720.970.710.740.940.940.870.87-0.42
0.840.850.650.29-0.560.890.190.840.940.740.810.50.530.570.990.920.770.980.760.810.90.970.850.85-0.45
0.910.940.570.47-0.70.9-0.020.90.930.890.860.640.70.540.950.920.60.90.610.620.980.880.960.96-0.23
0.510.50.61-0.1-0.140.670.320.520.710.310.410.140.170.520.720.770.60.850.850.930.50.890.420.42-0.65
0.830.830.660.26-0.520.890.20.830.940.70.760.480.50.510.970.980.90.850.810.850.850.980.790.79-0.47
0.470.460.53-0.02-0.230.810.350.480.660.280.380.10.150.620.710.760.610.850.810.840.560.80.450.45-0.54
0.510.50.58-0.11-0.140.650.450.510.730.310.450.10.120.490.740.810.620.930.850.840.530.890.520.52-0.47
0.910.940.540.49-0.750.9-0.060.90.90.910.880.670.720.530.940.90.980.50.850.560.530.830.960.96-0.2
0.790.80.670.18-0.460.870.20.790.920.660.720.420.460.580.940.970.880.890.980.80.890.830.780.78-0.48
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
-0.21-0.16-0.40.08-0.01-0.36-0.29-0.22-0.35-0.04-0.2-0.01-0.02-0.29-0.42-0.45-0.23-0.65-0.47-0.54-0.47-0.2-0.48-0.04-0.04
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Orient Sec Account Relationship Matchups

Orient Sec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.0B291.1B326.6B368.1B383.7B208.6B
Total Stockholder Equity54.0B60.2B64.1B77.4B78.7B43.8B
Other Liab1.1B2.2B2.4B3.5B4.0B2.2B
Retained Earnings18.2B19.9B23.2B8.8B8.8B13.5B
Accounts Payable480.1M576.6M526.0M1.2B1.5B1.5B
Cash63.8B110.5B143.4B174.8B163.7B171.9B
Other Assets1.4B3.3B4.5B3.4B3.0B2.7B
Total Liab209.0B230.9B262.5B290.7B304.9B164.7B
Intangible Assets168.5M215.3M250.6M246.0M286.7M153.0M
Property Plant Equipment2.1B3.1B2.9B2.8B3.3B1.7B
Other Current Liab7.5B13.0B15.5B17.5B20.1B11.6B
Total Current Liabilities122.6B164.7B169.6B191.0B219.6B156.4B
Net Tangible Assets51.6B53.8B60.0B63.8B73.4B56.1B
Net Receivables11.8B14.8B22.5B26.6B30.6B20.0B
Other Current Assets10.6B15.4B24.2B28.3B32.5B17.4B
Other Stockholder Equity(198.8M)500.0M5.0B5.6B6.5B6.8B
Deferred Long Term Liab88.9M98.9M140.2M167.9M193.0M116.7M
Long Term Investments154.9B158.5B163.7B174.8B203.9B156.9B
Total Current Assets139.7B170.8B199.6B247.8B285.0B185.9B
Net Invested Capital144.4B149.0B140.7B151.9B169.1B160.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Orient Stock

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