000009 Stock | | | 9.50 0.21 2.26% |
China Baoan financial indicator trend analysis is way more than just evaluating China Baoan Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Baoan Group is a good investment. Please check the relationship between China Baoan Income Before Tax and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Baoan Group. 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.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Baoan Group Income Before Tax account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between China Baoan's Income Before Tax and Total Revenue is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of China Baoan Group, assuming nothing else is changed. The correlation between historical values of China Baoan's Income Before Tax and Total Revenue 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 China Baoan Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., China Baoan's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on China Baoan income statement and is an important metric when analyzing China Baoan Group 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.
Total Revenue
Total revenue comprises all receipts China Baoan Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from China Baoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Baoan Group 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 Baoan Group. 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.
As of December 25, 2024,
Selling General Administrative is expected to decline to about 866.4
M. In addition to that,
Tax Provision is expected to decline to about 373.9
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 2.1B | 2.5B | 3.0B | 3.1B | Total Revenue | 17.6B | 32.0B | 30.7B | 32.2B |
China Baoan fundamental ratios Correlations
Click cells to compare fundamentals
China Baoan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Baoan fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Baoan Group at a specified time, usually calculated after every quarter, six months, or one year. China Baoan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Baoan 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.