Lotus Income Before Tax vs Gross Profit Analysis

LOT Stock   4.03  0.12  3.07%   
Lotus Technology financial indicator trend analysis is infinitely more than just investigating Lotus Technology American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lotus Technology American is a good investment. Please check the relationship between Lotus Technology Income Before Tax and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Technology American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lotus Technology American Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lotus Technology's Income Before Tax and Gross Profit is -0.68. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Lotus Technology American, assuming nothing else is changed. The correlation between historical values of Lotus Technology's Income Before Tax and Gross Profit 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 Lotus Technology American are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Lotus Technology's Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Income Before Tax

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lotus Technology American minus its cost of goods sold. It is profit before Lotus Technology 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.
Most indicators from Lotus Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lotus Technology American 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Technology American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Tax Provision is likely to drop to about 868.8 K in 2024. Selling General Administrative is likely to drop to about 127.5 M in 2024
 2010 2022 2023 2024 (projected)
Depreciation And Amortization2.1M28.2M55.0M31.3M
Interest Income6.2M12.2M9.2M10.1M

Lotus Technology fundamental ratios Correlations

0.970.970.96-0.780.980.680.26-0.940.590.961.00.830.960.750.980.320.991.00.770.990.450.98-0.890.970.94
0.970.971.0-0.881.00.50.44-0.970.720.880.960.90.880.850.920.121.00.980.860.970.241.0-0.941.00.99
0.970.970.96-0.890.980.520.45-0.990.740.90.970.930.910.870.930.130.970.980.890.990.280.97-0.960.970.95
0.961.00.96-0.880.990.460.47-0.970.740.850.940.90.850.850.890.080.990.970.870.950.190.99-0.941.01.0
-0.78-0.88-0.89-0.88-0.86-0.07-0.810.95-0.97-0.61-0.75-0.99-0.61-1.0-0.670.34-0.85-0.81-1.0-0.830.19-0.850.98-0.88-0.91
0.981.00.980.99-0.860.540.41-0.970.70.90.970.890.90.830.930.161.00.990.850.980.281.0-0.941.00.99
0.680.50.520.46-0.070.54-0.52-0.39-0.180.840.710.170.830.040.790.910.560.630.070.610.960.55-0.280.50.41
0.260.440.450.47-0.810.41-0.52-0.570.930.030.220.750.030.830.1-0.830.380.310.810.35-0.720.39-0.670.440.52
-0.94-0.97-0.99-0.970.95-0.97-0.39-0.57-0.83-0.83-0.93-0.97-0.83-0.93-0.870.01-0.96-0.96-0.94-0.97-0.14-0.960.99-0.97-0.97
0.590.720.740.74-0.970.7-0.180.93-0.830.390.560.940.390.980.46-0.570.680.630.970.67-0.430.69-0.890.720.77
0.960.880.90.85-0.610.90.840.03-0.830.390.980.681.00.581.00.540.90.950.60.940.660.9-0.760.880.82
1.00.960.970.94-0.750.970.710.22-0.930.560.980.810.980.720.990.360.970.990.740.990.490.97-0.870.960.92
0.830.90.930.9-0.990.890.170.75-0.970.940.680.810.680.990.73-0.250.880.860.990.88-0.090.88-0.990.90.92
0.960.880.910.85-0.610.90.830.03-0.830.391.00.980.680.581.00.540.910.950.610.950.660.9-0.760.880.82
0.750.850.870.85-1.00.830.040.83-0.930.980.580.720.990.580.64-0.370.820.781.00.81-0.220.82-0.970.850.88
0.980.920.930.89-0.670.930.790.1-0.870.461.00.990.731.00.640.470.940.970.660.970.60.94-0.810.920.87
0.320.120.130.080.340.160.91-0.830.01-0.570.540.36-0.250.54-0.370.470.180.27-0.350.230.980.180.140.120.02
0.991.00.970.99-0.851.00.560.38-0.960.680.90.970.880.910.820.940.180.990.830.970.31.0-0.931.00.99
1.00.980.980.97-0.810.990.630.31-0.960.630.950.990.860.950.780.970.270.990.80.990.40.99-0.910.980.96
0.770.860.890.87-1.00.850.070.81-0.940.970.60.740.990.611.00.66-0.350.830.80.83-0.190.83-0.980.860.89
0.990.970.990.95-0.830.980.610.35-0.970.670.940.990.880.950.810.970.230.970.990.830.380.97-0.930.970.94
0.450.240.280.190.190.280.96-0.72-0.14-0.430.660.49-0.090.66-0.220.60.980.30.4-0.190.380.29-0.010.240.14
0.981.00.970.99-0.851.00.550.39-0.960.690.90.970.880.90.820.940.181.00.990.830.970.29-0.931.00.99
-0.89-0.94-0.96-0.940.98-0.94-0.28-0.670.99-0.89-0.76-0.87-0.99-0.76-0.97-0.810.14-0.93-0.91-0.98-0.93-0.01-0.93-0.95-0.95
0.971.00.971.0-0.881.00.50.44-0.970.720.880.960.90.880.850.920.121.00.980.860.970.241.0-0.950.99
0.940.990.951.0-0.910.990.410.52-0.970.770.820.920.920.820.880.870.020.990.960.890.940.140.99-0.950.99
Click cells to compare fundamentals

Lotus Technology 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 Lotus Stock Analysis

When running Lotus Technology's price analysis, check to measure Lotus Technology'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 Lotus Technology is operating at the current time. Most of Lotus Technology's value examination focuses on studying past and present price action to predict the probability of Lotus Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Technology's price. Additionally, you may evaluate how the addition of Lotus Technology to your portfolios can decrease your overall portfolio volatility.