Fanhua Gross Profit vs Tax Provision Analysis

AIFU Stock   1.06  0.02  1.85%   
Fanhua financial indicator trend analysis is much more than just examining Fanhua Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fanhua Inc is a good investment. Please check the relationship between Fanhua Gross Profit and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Gross Profit vs Tax Provision

Gross Profit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fanhua Inc Gross Profit account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fanhua's Gross Profit and Tax Provision is 0.69. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Fanhua Inc, assuming nothing else is changed. The correlation between historical values of Fanhua's Gross Profit and Tax Provision 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 Fanhua Inc are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Gross Profit i.e., Fanhua's Gross Profit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

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

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Fanhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fanhua Inc 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 Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to gain to about 902.2 M in 2024, whereas Tax Provision is likely to drop slightly above 54.9 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income3.0M13.7M5.7M7.2M
Tax Provision90.6M41.0M59.4M54.9M

Fanhua fundamental ratios Correlations

0.890.82-0.47-0.31-0.980.640.980.95-0.970.950.82-0.390.92-0.72-0.230.940.93-0.760.670.670.87-0.570.760.99-0.83
0.890.7-0.78-0.64-0.90.570.790.96-0.960.790.95-0.490.79-0.88-0.040.860.8-0.860.710.90.97-0.80.710.9-0.95
0.820.7-0.55-0.01-0.770.180.770.86-0.860.770.750.130.53-0.34-0.720.590.97-0.310.310.690.78-0.480.340.82-0.75
-0.47-0.78-0.550.560.470.0-0.32-0.710.68-0.4-0.770.07-0.240.640.15-0.36-0.540.47-0.26-0.89-0.760.7-0.16-0.540.77
-0.31-0.64-0.010.560.46-0.61-0.18-0.460.41-0.11-0.670.8-0.410.69-0.48-0.48-0.090.75-0.78-0.69-0.630.85-0.64-0.290.67
-0.98-0.9-0.770.470.46-0.75-0.94-0.950.95-0.87-0.880.53-0.930.730.17-0.96-0.870.81-0.8-0.73-0.910.7-0.85-0.940.88
0.640.570.180.0-0.61-0.750.650.53-0.520.510.54-0.910.86-0.610.350.830.35-0.820.940.350.56-0.550.980.56-0.55
0.980.790.77-0.32-0.18-0.940.650.87-0.90.970.7-0.370.93-0.67-0.210.940.9-0.720.610.520.76-0.420.750.97-0.71
0.950.960.86-0.71-0.46-0.950.530.87-1.00.850.95-0.340.79-0.75-0.290.860.93-0.740.650.870.97-0.740.670.95-0.95
-0.97-0.96-0.860.680.410.95-0.52-0.9-1.0-0.9-0.920.32-0.820.760.27-0.88-0.940.75-0.63-0.83-0.950.69-0.67-0.970.92
0.950.790.77-0.4-0.11-0.870.510.970.85-0.90.65-0.250.88-0.71-0.190.890.91-0.690.460.50.72-0.320.620.97-0.66
0.820.950.75-0.77-0.67-0.880.540.70.95-0.920.65-0.440.68-0.72-0.210.760.78-0.730.750.971.0-0.920.680.81-1.0
-0.39-0.490.130.070.80.53-0.91-0.37-0.340.32-0.25-0.44-0.670.66-0.66-0.65-0.040.83-0.88-0.32-0.440.57-0.87-0.330.44
0.920.790.53-0.24-0.41-0.930.860.930.79-0.820.880.68-0.67-0.780.120.990.71-0.880.790.480.73-0.490.910.89-0.69
-0.72-0.88-0.340.640.690.73-0.61-0.67-0.750.76-0.71-0.720.66-0.78-0.4-0.83-0.530.95-0.65-0.66-0.750.6-0.7-0.770.72
-0.23-0.04-0.720.15-0.480.170.35-0.21-0.290.27-0.19-0.21-0.660.12-0.40.09-0.54-0.420.23-0.22-0.210.040.25-0.210.21
0.940.860.59-0.36-0.48-0.960.830.940.86-0.880.890.76-0.650.99-0.830.090.76-0.910.810.590.81-0.570.90.92-0.77
0.930.80.97-0.54-0.09-0.870.350.90.93-0.940.910.78-0.040.71-0.53-0.540.76-0.510.410.680.82-0.480.490.94-0.78
-0.76-0.86-0.310.470.750.81-0.82-0.72-0.740.75-0.69-0.730.83-0.880.95-0.42-0.91-0.51-0.84-0.62-0.760.66-0.88-0.760.74
0.670.710.31-0.26-0.78-0.80.940.610.65-0.630.460.75-0.880.79-0.650.230.810.41-0.840.610.74-0.80.960.58-0.75
0.670.90.69-0.89-0.69-0.730.350.520.87-0.830.50.97-0.320.48-0.66-0.220.590.68-0.620.610.94-0.930.50.67-0.96
0.870.970.78-0.76-0.63-0.910.560.760.97-0.950.721.0-0.440.73-0.75-0.210.810.82-0.760.740.94-0.880.70.86-1.0
-0.57-0.8-0.480.70.850.7-0.55-0.42-0.740.69-0.32-0.920.57-0.490.60.04-0.57-0.480.66-0.8-0.93-0.88-0.65-0.520.91
0.760.710.34-0.16-0.64-0.850.980.750.67-0.670.620.68-0.870.91-0.70.250.90.49-0.880.960.50.7-0.650.69-0.68
0.990.90.82-0.54-0.29-0.940.560.970.95-0.970.970.81-0.330.89-0.77-0.210.920.94-0.760.580.670.86-0.520.69-0.81
-0.83-0.95-0.750.770.670.88-0.55-0.71-0.950.92-0.66-1.00.44-0.690.720.21-0.77-0.780.74-0.75-0.96-1.00.91-0.68-0.81
Click cells to compare fundamentals

Fanhua Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Fanhua Stock Analysis

When running Fanhua's price analysis, check to measure Fanhua's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fanhua is operating at the current time. Most of Fanhua's value examination focuses on studying past and present price action to predict the probability of Fanhua's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fanhua's price. Additionally, you may evaluate how the addition of Fanhua to your portfolios can decrease your overall portfolio volatility.