Sichuan Interest Income vs Income Before Tax Analysis

603327 Stock   13.60  0.48  3.41%   
Sichuan Furong financial indicator trend analysis is much more than just breaking down Sichuan Furong Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Furong Technology is a good investment. Please check the relationship between Sichuan Furong Interest Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Furong Technology. 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.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Furong Technology Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Furong's Interest Income and Income Before Tax is 0.58. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Sichuan Furong Technology, assuming nothing else is changed. The correlation between historical values of Sichuan Furong's Interest Income 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 Interest Income of Sichuan Furong Technology 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 Interest Income i.e., Sichuan Furong's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Sichuan Furong income statement and is an important metric when analyzing Sichuan Furong Technology 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 Sichuan Furong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Furong Technology 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 Sichuan Furong Technology. 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 Selling General Administrative is expected to grow to about 66 M, whereas Tax Provision is forecasted to decline to about 47.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit455.7M513.8M388.4M421.7M
Total Revenue1.9B2.3B1.9B1.6B

Sichuan Furong fundamental ratios Correlations

-0.67-0.40.92-0.790.90.90.590.870.830.52-0.710.690.650.670.890.560.890.43-0.850.950.820.950.95-0.840.95
-0.670.32-0.650.52-0.6-0.67-0.38-0.74-0.7-0.610.82-0.55-0.54-0.54-0.41-0.47-0.68-0.390.49-0.62-0.71-0.6-0.670.57-0.66
-0.40.32-0.70.81-0.73-0.720.18-0.32-0.25-0.480.35-0.11-0.85-0.07-0.48-0.34-0.720.310.7-0.63-0.13-0.58-0.610.79-0.15
0.92-0.65-0.7-0.940.990.990.330.770.70.67-0.680.490.870.470.840.550.980.14-0.930.990.690.940.96-0.970.8
-0.790.520.81-0.94-0.95-0.92-0.14-0.66-0.54-0.690.46-0.36-0.84-0.32-0.7-0.66-0.920.030.86-0.93-0.5-0.89-0.840.99-0.61
0.9-0.6-0.730.99-0.950.990.240.70.630.64-0.630.420.860.40.840.570.990.05-0.90.980.60.930.96-0.980.76
0.9-0.67-0.720.99-0.920.990.290.740.680.67-0.710.460.890.440.830.50.990.1-0.920.970.660.910.97-0.960.78
0.59-0.380.180.33-0.140.240.290.790.870.06-0.540.910.10.920.540.190.230.94-0.490.420.850.520.41-0.20.7
0.87-0.74-0.320.77-0.660.70.740.790.980.52-0.720.880.520.870.70.530.70.7-0.780.810.940.860.78-0.690.86
0.83-0.7-0.250.7-0.540.630.680.870.980.39-0.760.940.480.930.730.410.640.79-0.760.750.950.810.75-0.590.84
0.52-0.61-0.480.67-0.690.640.670.060.520.39-0.350.110.590.090.220.30.66-0.1-0.550.590.520.490.53-0.690.52
-0.710.820.35-0.680.46-0.63-0.71-0.54-0.72-0.76-0.35-0.61-0.69-0.61-0.67-0.27-0.7-0.440.66-0.66-0.77-0.63-0.760.55-0.71
0.69-0.55-0.110.49-0.360.420.460.910.880.940.11-0.610.251.00.640.410.430.91-0.590.580.820.70.58-0.40.69
0.65-0.54-0.850.87-0.840.860.890.10.520.480.59-0.690.250.220.680.390.87-0.12-0.860.80.470.710.79-0.870.5
0.67-0.54-0.070.47-0.320.40.440.920.870.930.09-0.611.00.220.630.360.40.92-0.580.550.820.680.57-0.360.68
0.89-0.41-0.480.84-0.70.840.830.540.70.730.22-0.670.640.680.630.40.820.36-0.880.890.640.890.91-0.760.79
0.56-0.47-0.340.55-0.660.570.50.190.530.410.3-0.270.410.390.360.40.530.19-0.380.620.330.680.46-0.640.45
0.89-0.68-0.720.98-0.920.990.990.230.70.640.66-0.70.430.870.40.820.530.06-0.880.960.610.90.97-0.960.76
0.43-0.390.310.140.030.050.10.940.70.79-0.1-0.440.91-0.120.920.360.190.06-0.260.240.720.380.26-0.010.54
-0.850.490.7-0.930.86-0.9-0.92-0.49-0.78-0.76-0.550.66-0.59-0.86-0.58-0.88-0.38-0.88-0.26-0.92-0.72-0.89-0.890.89-0.74
0.95-0.62-0.630.99-0.930.980.970.420.810.750.59-0.660.580.80.550.890.620.960.24-0.920.710.980.96-0.960.84
0.82-0.71-0.130.69-0.50.60.660.850.940.950.52-0.770.820.470.820.640.330.610.72-0.720.710.720.71-0.550.9
0.95-0.6-0.580.94-0.890.930.910.520.860.810.49-0.630.70.710.680.890.680.90.38-0.890.980.720.93-0.910.83
0.95-0.67-0.610.96-0.840.960.970.410.780.750.53-0.760.580.790.570.910.460.970.26-0.890.960.710.93-0.890.84
-0.840.570.79-0.970.99-0.98-0.96-0.2-0.69-0.59-0.690.55-0.4-0.87-0.36-0.76-0.64-0.96-0.010.89-0.96-0.55-0.91-0.89-0.68
0.95-0.66-0.150.8-0.610.760.780.70.860.840.52-0.710.690.50.680.790.450.760.54-0.740.840.90.830.84-0.68
Click cells to compare fundamentals

Sichuan Furong Account Relationship Matchups

Sichuan Furong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.8B2.4B3.3B2.0B
Other Current Liab34.0M66.4M45.3M7.2M5.0M4.7M
Total Current Liabilities327.4M195.4M136.1M440.7M490.8M310.9M
Total Stockholder Equity1.3B1.5B1.6B1.9B2.0B1.4B
Other Liab22.0M4.8M5.1M8.1M7.3M11.7M
Net Tangible Assets633.0M1.2B1.4B1.6B1.8B1.1B
Retained Earnings492.3M710.1M859.0M927.2M970.9M610.0M
Accounts Payable29.4M26.1M32.8M214.5M384.4M403.6M
Cash254.8M224.8M130.8M465.6M650.9M683.5M
Non Current Assets Total555.1M637.5M631.3M1.2B1.8B1.9B
Other Assets28.0M45.2M52.3M14.3M12.8M12.2M
Net Receivables400.7M395.2M554.5M477.0M388.7M431.8M
Non Current Liabilities Total4.8M43.1M13.1M120.2M829.2M870.6M
Inventory178.6M245.6M321.2M252.1M393.8M256.4M
Other Current Assets115.0M9.4M27.2M19.3M76.2M38.8M
Other Stockholder Equity13.1M16.9M21.1M25.5M29.3M16.3M
Total Liab332.2M238.5M149.2M560.9M1.3B1.4B
Short Long Term Debt346M235M67M15M26.0M0.0
Total Current Assets1.0B1.1B1.2B1.2B1.5B1.1B
Intangible Assets50.0M48.8M47.6M249.2M244.2M256.4M
Property Plant Equipment447.6M459.9M536.4M569.5M654.9M526.1M
Net Invested Capital1.5B1.6B1.7B2.0B2.8B1.8B
Net Working Capital721.9M899.8M1.0B806.4M1.1B747.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

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