China Interest Income vs Income Before Tax Analysis

000008 Stock   2.65  0.19  6.69%   
China High financial indicator trend analysis is way more than just evaluating China High Speed prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China High Speed is a good investment. Please check the relationship between China High 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 China High Speed Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 China High Speed Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between China High's Interest Income and Income Before Tax is 0.32. 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 China High Speed Railway, assuming nothing else is changed. The correlation between historical values of China High'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 China High Speed Railway 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., China High's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

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 China High income statement and is an important metric when analyzing China High Speed 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 China High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China High Speed 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 China High Speed Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 415.8 M, whereas Tax Provision is projected to grow to (6.8 M).
 2024 2025 (projected)
Gross Profit551.8M735.5M
Income Tax Expense28.1M37.7M

China High fundamental ratios Correlations

0.640.90.820.940.740.650.960.980.770.910.930.940.65-0.350.630.47-0.070.60.910.23-0.450.850.860.970.92
0.640.380.780.440.730.320.610.650.780.40.710.610.1-0.110.160.60.340.490.720.47-0.230.410.350.70.41
0.90.380.510.980.40.50.810.910.520.990.750.830.89-0.370.810.09-0.470.490.70.06-0.510.780.920.820.97
0.820.780.510.610.960.620.870.770.850.520.890.820.14-0.210.290.810.450.470.910.46-0.260.70.530.870.56
0.940.440.980.610.540.560.890.950.660.980.840.860.84-0.420.790.2-0.330.560.780.08-0.490.860.920.870.97
0.740.730.40.960.540.470.830.690.850.420.820.740.08-0.150.220.80.50.440.870.42-0.190.660.450.80.47
0.650.320.50.620.560.470.650.670.570.550.740.540.25-0.240.360.450.220.650.55-0.24-0.040.640.640.630.65
0.960.610.810.870.890.830.650.930.810.810.940.890.52-0.410.570.590.120.570.950.24-0.30.830.80.970.86
0.980.650.910.770.950.690.670.930.80.930.940.920.69-0.360.650.37-0.130.70.840.1-0.450.860.890.930.93
0.770.780.520.850.660.850.570.810.80.560.890.710.25-0.340.330.610.30.660.80.24-0.370.790.550.780.59
0.910.40.990.520.980.420.550.810.930.560.780.820.88-0.390.780.1-0.440.580.7-0.01-0.50.790.940.820.98
0.930.710.750.890.840.820.740.940.940.890.780.840.45-0.410.560.540.140.740.880.15-0.330.870.830.940.82
0.940.610.830.820.860.740.540.890.920.710.820.840.61-0.170.570.44-0.10.440.850.32-0.520.770.740.870.8
0.650.10.890.140.840.080.250.520.690.250.880.450.61-0.20.82-0.32-0.760.330.36-0.12-0.50.590.790.50.82
-0.35-0.11-0.37-0.21-0.42-0.15-0.24-0.41-0.36-0.34-0.39-0.41-0.17-0.2-0.34-0.130.01-0.34-0.35-0.040.11-0.42-0.43-0.39-0.42
0.630.160.810.290.790.220.360.570.650.330.780.560.570.82-0.34-0.21-0.540.220.420.0-0.360.70.820.550.79
0.470.60.090.810.20.80.450.590.370.610.10.540.44-0.32-0.13-0.210.780.230.740.470.020.310.080.610.19
-0.070.34-0.470.45-0.330.50.220.12-0.130.3-0.440.14-0.1-0.760.01-0.540.780.060.250.240.47-0.13-0.350.11-0.32
0.60.490.490.470.560.440.650.570.70.660.580.740.440.33-0.340.220.230.060.45-0.36-0.090.550.670.580.6
0.910.720.70.910.780.870.550.950.840.80.70.880.850.36-0.350.420.740.250.450.46-0.340.740.640.970.74
0.230.470.060.460.080.42-0.240.240.10.24-0.010.150.32-0.12-0.040.00.470.24-0.360.46-0.420.11-0.120.3-0.05
-0.45-0.23-0.51-0.26-0.49-0.19-0.04-0.3-0.45-0.37-0.5-0.33-0.52-0.50.11-0.360.020.47-0.09-0.34-0.42-0.59-0.36-0.33-0.36
0.850.410.780.70.860.660.640.830.860.790.790.870.770.59-0.420.70.31-0.130.550.740.11-0.590.830.790.8
0.860.350.920.530.920.450.640.80.890.550.940.830.740.79-0.430.820.08-0.350.670.64-0.12-0.360.830.80.95
0.970.70.820.870.870.80.630.970.930.780.820.940.870.5-0.390.550.610.110.580.970.3-0.330.790.80.86
0.920.410.970.560.970.470.650.860.930.590.980.820.80.82-0.420.790.19-0.320.60.74-0.05-0.360.80.950.86
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China High Account Relationship Matchups

China High fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.8B12.4B11.2B10.7B12.3B12.9B
Other Current Liab791.3M836.3M1.2B151.9M174.7M328.8M
Total Current Liabilities4.6B5.5B5.9B6.4B7.4B7.8B
Total Stockholder Equity6.5B5.2B4.4B3.6B4.1B2.6B
Accounts Payable1.1B1.5B1.4B1.4B1.6B1.6B
Cash778.5M1.1B584.8M447.9M515.1M400.0M
Other Assets412.3M614.9M163.9M214.2M246.3M140.5M
Net Receivables3.0B3.5B2.3B2.4B2.8B2.9B
Inventory1.1B1.1B1.1B797.2M916.8M962.6M
Other Current Assets388.5M416.7M455.0M114.2M131.3M147.0M
Total Liab6.2B7.0B6.8B7.0B8.1B8.5B
Intangible Assets338.7M315.8M259.8M201.4M231.6M138.2M
Property Plant Equipment473.9M482.0M1.2B1.4B1.6B1.7B
Other Liab123.1M56.4M97.9M149.0M171.3M88.7M
Net Tangible Assets3.5B3.2B2.0B1.5B1.3B2.2B
Retained Earnings1.2B(138.5M)(984.8M)(1.9B)(1.7B)(1.6B)
Long Term Debt1.4B1.4B580.1M193.6M222.7M211.5M
Good Will3.0B2.9B2.7B2.4B2.7B3.2B
Other Stockholder Equity15.9M6.8M7.3M23.4M21.0M18.8M
Deferred Long Term Liab40.1M26.2M29.3M20.1M18.1M21.4M
Short Long Term Debt2.5B3.1B2.1B2.8B3.3B1.8B
Total Current Assets6.2B6.1B5.1B4.9B5.6B5.7B
Non Current Assets Total6.7B6.3B6.2B5.8B6.6B5.9B
Non Currrent Assets Other55.1M21.0M25.6M13.9M16.0M25.3M
Non Current Liabilities Total1.6B1.5B878.6M577.5M664.2M729.7M
Non Current Liabilities Other6.2M43.8M114.2M123.9M142.5M80.0M
Net Debt3.1B3.3B2.1B2.6B3.0B2.2B
Net Invested Capital10.4B9.7B7.1B6.6B5.9B6.9B
Net Working Capital1.6B571.2M(831.0M)(1.6B)(1.4B)(1.3B)
Property Plant And Equipment Net482.0M1.2B1.4B1.5B1.7B1.1B
Property Plant And Equipment Gross675.8M1.4B1.4B1.8B2.1B1.3B

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Other Information on Investing in China Stock

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