Zhangjiagang Ebitda vs Income Before Tax Analysis

603221 Stock

10.35 0.67 6.08%

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

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhangjiagang Elegant Home Ebitda account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhangjiagang Elegant's Ebitda and Income Before Tax is 0.77. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Zhangjiagang Elegant Home, assuming nothing else is changed. The correlation between historical values of Zhangjiagang Elegant's Ebitda 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 Ebitda of Zhangjiagang Elegant Home 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 Ebitda i.e., Zhangjiagang Elegant's Ebitda and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebitda

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Zhangjiagang Elegant income statement and is an important metric when analyzing Zhangjiagang Elegant Home 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 Zhangjiagang Elegant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhangjiagang Elegant Home 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 Zhangjiagang Elegant Home. 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 18, 2024, Tax Provision is expected to decline to about 3.6 M. In addition to that, Selling General Administrative is expected to decline to about 37.2 M

	2021	2022	2023	2024 (projected)
Gross Profit	83.9M	27.3M	217.9M	175.9M
Total Revenue	1.1B	799.0M	1.2B	866.1M

Gross Profit Total Revenue

Zhangjiagang Elegant fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock Shares Outstanding	Net Invested Capital	Short Long Term Debt	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Short Term Investments	Capital Lease Obligations
Total Assets		-0.66	0.73	0.97	0.62	0.95	0.87	0.96	-0.51	0.54	0.83	-0.7	0.82	0.73	0.8	0.98	0.99	0.49	0.63	0.98	0.94	0.94	-0.86	0.75
Other Current Liab	-0.66		-0.42	-0.64	-0.54	-0.69	-0.54	-0.73	0.06	-0.18	-0.6	0.56	-0.5	-0.22	-0.65	-0.61	-0.7	-0.55	-0.29	-0.61	-0.72	-0.72	0.77	-0.58
Total Current Liabilities	0.73	-0.42		0.57	-0.01	0.73	0.6	0.75	-0.44	0.8	0.73	-0.82	0.98	0.43	0.66	0.72	0.7	0.6	0.32	0.72	0.74	0.74	-0.72	0.66
Total Stockholder Equity	0.97	-0.64	0.57		0.74	0.92	0.9	0.9	-0.51	0.41	0.82	-0.61	0.66	0.79	0.78	0.96	0.98	0.37	0.72	0.95	0.88	0.87	-0.79	0.64
Retained Earnings	0.62	-0.54	-0.01	0.74		0.57	0.62	0.55	-0.22	0.1	0.38	-0.2	0.12	0.56	0.51	0.63	0.66	0.21	0.58	0.63	0.52	0.52	-0.48	0.37
Accounts Payable	0.95	-0.69	0.73	0.92	0.57		0.87	0.91	-0.59	0.55	0.91	-0.84	0.78	0.7	0.94	0.89	0.97	0.37	0.71	0.89	0.87	0.85	-0.8	0.64
Cash	0.87	-0.54	0.6	0.9	0.62	0.87		0.72	-0.59	0.6	0.92	-0.71	0.63	0.92	0.82	0.88	0.91	0.33	0.88	0.87	0.68	0.68	-0.65	0.38
Non Current Assets Total	0.96	-0.73	0.75	0.9	0.55	0.91	0.72		-0.35	0.47	0.73	-0.66	0.85	0.51	0.74	0.93	0.93	0.54	0.42	0.92	0.98	0.98	-0.91	0.85
Non Currrent Assets Other	-0.51	0.06	-0.44	-0.51	-0.22	-0.59	-0.59	-0.35		-0.55	-0.6	0.68	-0.44	-0.73	-0.66	-0.51	-0.56	-0.08	-0.79	-0.51	-0.33	-0.33	0.16	-0.29
Net Receivables	0.54	-0.18	0.8	0.41	0.1	0.55	0.6	0.47	-0.55		0.58	-0.76	0.77	0.53	0.63	0.58	0.55	0.52	0.47	0.58	0.43	0.45	-0.41	0.42
Inventory	0.83	-0.6	0.73	0.82	0.38	0.91	0.92	0.73	-0.6	0.58		-0.85	0.72	0.78	0.87	0.8	0.88	0.33	0.79	0.8	0.7	0.68	-0.7	0.39
Other Current Assets	-0.7	0.56	-0.82	-0.61	-0.2	-0.84	-0.71	-0.66	0.68	-0.76	-0.85		-0.8	-0.54	-0.93	-0.65	-0.75	-0.4	-0.63	-0.65	-0.62	-0.61	0.58	-0.49
Total Liab	0.82	-0.5	0.98	0.66	0.12	0.78	0.63	0.85	-0.44	0.77	0.72	-0.8		0.45	0.69	0.8	0.78	0.63	0.33	0.8	0.83	0.84	-0.79	0.78
Total Current Assets	0.73	-0.22	0.43	0.79	0.56	0.7	0.92	0.51	-0.73	0.53	0.78	-0.54	0.45		0.65	0.77	0.77	0.17	0.94	0.76	0.48	0.48	-0.4	0.22
Intangible Assets	0.8	-0.65	0.66	0.78	0.51	0.94	0.82	0.74	-0.66	0.63	0.87	-0.93	0.69	0.65		0.74	0.86	0.3	0.75	0.74	0.69	0.68	-0.64	0.49
Common Stock Shares Outstanding	0.98	-0.61	0.72	0.96	0.63	0.89	0.88	0.93	-0.51	0.58	0.8	-0.65	0.8	0.77	0.74		0.97	0.57	0.64	1.0	0.92	0.93	-0.85	0.75
Net Invested Capital	0.99	-0.7	0.7	0.98	0.66	0.97	0.91	0.93	-0.56	0.55	0.88	-0.75	0.78	0.77	0.86	0.97		0.48	0.72	0.97	0.9	0.9	-0.83	0.69
Short Long Term Debt	0.49	-0.55	0.6	0.37	0.21	0.37	0.33	0.54	-0.08	0.52	0.33	-0.4	0.63	0.17	0.3	0.57	0.48		0.05	0.59	0.63	0.66	-0.72	0.74
Net Working Capital	0.63	-0.29	0.32	0.72	0.58	0.71	0.88	0.42	-0.79	0.47	0.79	-0.63	0.33	0.94	0.75	0.64	0.72	0.05		0.64	0.37	0.36	-0.3	0.11
Capital Stock	0.98	-0.61	0.72	0.95	0.63	0.89	0.87	0.92	-0.51	0.58	0.8	-0.65	0.8	0.76	0.74	1.0	0.97	0.59	0.64		0.92	0.93	-0.86	0.76
Property Plant And Equipment Net	0.94	-0.72	0.74	0.88	0.52	0.87	0.68	0.98	-0.33	0.43	0.7	-0.62	0.83	0.48	0.69	0.92	0.9	0.63	0.37	0.92		1.0	-0.95	0.89
Property Plant And Equipment Gross	0.94	-0.72	0.74	0.87	0.52	0.85	0.68	0.98	-0.33	0.45	0.68	-0.61	0.84	0.48	0.68	0.93	0.9	0.66	0.36	0.93	1.0		-0.95	0.91
Short Term Investments	-0.86	0.77	-0.72	-0.79	-0.48	-0.8	-0.65	-0.91	0.16	-0.41	-0.7	0.58	-0.79	-0.4	-0.64	-0.85	-0.83	-0.72	-0.3	-0.86	-0.95	-0.95		-0.82
Capital Lease Obligations	0.75	-0.58	0.66	0.64	0.37	0.64	0.38	0.85	-0.29	0.42	0.39	-0.49	0.78	0.22	0.49	0.75	0.69	0.74	0.11	0.76	0.89	0.91	-0.82

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Zhangjiagang Elegant Account Relationship Matchups

Zhangjiagang Elegant fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	972.9M	1.8B	1.9B	2.0B	2.2B	1.6B
Other Current Liab	4.2M	5.6M	1.6M	1.8M	2.8M	3.1M
Total Current Liabilities	253.3M	293.8M	385.9M	410.0M	510.5M	391.5M
Total Stockholder Equity	709.8M	1.5B	1.4B	1.4B	1.5B	1.1B
Retained Earnings	432.1M	460.3M	440.8M	398.0M	465.4M	414.4M
Accounts Payable	162.1M	229.1M	259.3M	266.4M	234.0M	195.8M
Cash	190.8M	381.3M	385.9M	211.1M	347.1M	274.7M
Non Current Assets Total	387.4M	633.1M	1.0B	1.4B	1.4B	768.0M
Non Currrent Assets Other	21.8M	2.5M	30.0M	19.9M	21.8M	16.8M
Net Receivables	198.6M	189.2M	163.6M	132.1M	273.2M	203.5M
Non Current Liabilities Total	9.8M	25.4M	23.1M	105.6M	111.1M	116.7M
Inventory	161.1M	231.9M	265.3M	198.3M	201.9M	212.5M
Other Current Assets	13.5M	20.9M	20.0M	11.3M	11.5M	10.9M
Total Liab	263.1M	319.2M	409.0M	515.6M	621.7M	429.8M
Total Current Assets	585.5M	1.1B	861.2M	597.8M	861.1M	799.5M
Intangible Assets	101.8M	98.6M	98.8M	94.5M	87.9M	84.6M
Net Invested Capital	756.4M	1.5B	1.5B	1.5B	1.7B	1.3B
Short Long Term Debt	46.6M	20.0M	94.2M	111.2M	232.6M	244.3M
Net Working Capital	332.3M	844.4M	475.3M	187.8M	350.6M	408.4M

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Other Information on Investing in Zhangjiagang Stock

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

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Zhangjiagang Ebitda vs Income Before Tax Analysis

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

Correlation Coefficient

Ebitda

Income Before Tax

Zhangjiagang Elegant fundamental ratios Correlations

Zhangjiagang Elegant Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhangjiagang Elegant fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Zhangjiagang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Capital Stock	+ 1.0	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.98	Total Assets
Capital Stock	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities

Short Term Investments	- 0.95	Property Plant And Equipment Gross
Short Term Investments	- 0.95	Property Plant And Equipment Net
Intangible Assets	- 0.93	Other Current Assets
Short Term Investments	- 0.91	Non Current Assets Total
Short Term Investments	- 0.86	Capital Stock
Short Term Investments	- 0.86	Total Assets