Fanhua Operating Income 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 Operating Income 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.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fanhua Inc Operating Income account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fanhua's Operating Income and Tax Provision is 0.98. Overlapping area represents the amount of variation of Operating Income 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 Operating Income 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 Operating Income 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 Operating Income i.e., Fanhua's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Fanhua Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fanhua Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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
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Fanhua Account Relationship Matchups

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