Bohai Gross Profit vs Tax Provision Analysis

000415 Stock   3.94  0.01  0.25%   
Bohai Leasing financial indicator trend analysis is way more than just evaluating Bohai Leasing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bohai Leasing is a good investment. Please check the relationship between Bohai Leasing Gross Profit and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bohai Leasing Co. 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.

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 Bohai Leasing Gross Profit account and Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between Bohai Leasing's Gross Profit and Tax Provision is 0.02. 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 Bohai Leasing Co, assuming nothing else is changed. The correlation between historical values of Bohai Leasing'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 Bohai Leasing Co 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., Bohai Leasing's Gross Profit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bohai Leasing Co minus its cost of goods sold. It is profit before Bohai Leasing 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 Bohai Leasing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bohai Leasing 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 Bohai Leasing Co. 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 Tax Provision is expected to grow to about 944.9 M, whereas Selling General Administrative is forecasted to decline to about 437.5 M.
 2021 2022 2023 2024 (projected)
Operating Income8.8B10.4B12.9B13.5B
Total Revenue26.8B31.9B33.7B35.4B

Bohai Leasing fundamental ratios Correlations

0.990.420.890.940.970.150.990.580.440.990.660.440.440.990.390.290.921.00.550.840.940.620.720.350.13
0.990.340.890.920.970.191.00.590.450.990.620.450.360.990.40.320.911.00.520.870.930.570.720.330.1
0.420.340.430.440.36-0.330.350.210.040.370.510.040.970.380.06-0.10.40.40.530.130.320.490.340.210.2
0.890.890.430.850.80.250.870.590.590.840.350.590.470.840.410.560.880.90.730.950.870.530.620.5-0.16
0.940.920.440.850.870.080.90.540.560.910.630.560.480.910.310.370.970.930.660.790.960.730.580.560.0
0.970.970.360.80.870.080.980.480.240.990.650.240.350.970.530.080.860.960.340.760.90.50.740.130.34
0.150.19-0.330.250.080.080.160.460.390.13-0.080.39-0.260.17-0.170.50.010.190.210.310.090.220.230.2-0.45
0.991.00.350.870.90.980.160.550.361.00.640.360.360.990.440.250.890.990.460.840.920.550.740.260.17
0.580.590.210.590.540.480.460.550.640.520.290.640.350.59-0.170.460.550.60.660.530.570.410.180.52-0.23
0.440.450.040.590.560.240.390.360.640.330.131.00.170.4-0.220.780.580.450.830.620.550.440.120.88-0.63
0.990.990.370.840.910.990.131.00.520.330.670.330.370.990.450.190.890.990.430.80.920.560.740.240.23
0.660.620.510.350.630.65-0.080.640.290.130.670.130.480.71-0.09-0.140.520.660.290.210.510.620.620.120.28
0.440.450.040.590.560.240.390.360.641.00.330.130.170.4-0.220.780.580.450.830.620.550.440.120.88-0.63
0.440.360.970.470.480.35-0.260.360.350.170.370.480.170.4-0.050.040.430.420.650.170.340.590.270.360.06
0.990.990.380.840.910.970.170.990.590.40.990.710.40.40.330.250.880.990.50.790.910.620.740.30.16
0.390.40.060.410.310.53-0.170.44-0.17-0.220.45-0.09-0.22-0.050.33-0.220.420.36-0.20.460.46-0.170.39-0.330.52
0.290.32-0.10.560.370.080.50.250.460.780.19-0.140.780.040.25-0.220.360.320.720.630.340.370.010.78-0.85
0.920.910.40.880.970.860.010.890.550.580.890.520.580.430.880.420.360.910.640.840.990.550.530.530.01
1.01.00.40.90.930.960.190.990.60.450.990.660.450.420.990.360.320.910.560.850.920.620.730.360.09
0.550.520.530.730.660.340.210.460.660.830.430.290.830.650.5-0.20.720.640.560.610.570.660.220.88-0.54
0.840.870.130.950.790.760.310.840.530.620.80.210.620.170.790.460.630.840.850.610.860.390.560.47-0.22
0.940.930.320.870.960.90.090.920.570.550.920.510.550.340.910.460.340.990.920.570.860.520.550.460.08
0.620.570.490.530.730.50.220.550.410.440.560.620.440.590.62-0.170.370.550.620.660.390.520.440.62-0.22
0.720.720.340.620.580.740.230.740.180.120.740.620.120.270.740.390.010.530.730.220.560.550.44-0.030.18
0.350.330.210.50.560.130.20.260.520.880.240.120.880.360.3-0.330.780.530.360.880.470.460.62-0.03-0.67
0.130.10.2-0.160.00.34-0.450.17-0.23-0.630.230.28-0.630.060.160.52-0.850.010.09-0.54-0.220.08-0.220.18-0.67
Click cells to compare fundamentals

Bohai Leasing Account Relationship Matchups

Bohai Leasing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets265.5B250.2B248.2B263.6B261.5B274.6B
Short Long Term Debt Total188.2B187.5B190.3B200.1B195.6B205.4B
Other Current Liab2.8B1.9B2.4B4.1B4.0B4.2B
Total Current Liabilities27.4B35.7B33.6B36.9B50.3B52.8B
Total Stockholder Equity37.8B27.2B25.6B27.7B29.6B31.1B
Property Plant And Equipment Net198.5B187.9B189.8B201.3B217.0B227.9B
Current Deferred Revenue3.1B4.3B2.2B1.5B2.5B1.4B
Net Debt180.0B169.4B183.0B193.1B188.3B197.7B
Accounts Payable347.4M1.7B1.0B432.3M476.5M358.9M
Cash8.2B18.1B7.3B7.1B7.3B5.4B
Non Current Assets Total248.9B223.4B234.3B251.5B246.1B258.4B
Non Currrent Assets Other28.7B16.5B21.6B25.2B6.2B5.8B
Cash And Short Term Investments8.2B18.1B7.3B7.1B7.3B5.4B
Net Receivables5.1B6.2B3.2B2.2B4.9B3.0B
Liabilities And Stockholders Equity265.5B250.2B248.2B263.6B261.5B274.6B
Non Current Liabilities Total183.6B172.9B174.7B183.5B157.3B165.1B
Inventory14.1M2.2M12.8M41.8M170.9M179.5M
Other Current Assets3.3B2.5B3.4B2.8B3.0B2.7B
Other Stockholder Equity16.9B16.6B16.2B16.9B19.5B20.5B
Total Liab211.0B208.7B208.4B220.4B207.6B217.9B
Total Current Assets16.6B26.8B14.0B12.1B15.5B11.1B
Short Term Debt21.2B27.8B27.9B30.9B43.4B45.6B
Retained Earnings12.1B4.4B3.2B1.2B2.5B2.1B
Other Assets37.7B37.4B23.2B33.2B38.1B40.1B
Intangible Assets301.4M191.1M104.5M34.4M37.2M35.3M
Short Term Investments(8.3B)(5.2B)(10.1B)19.4M54.9M57.6M
Long Term Debt168.7B159.7B161.9B168.7B150.3B157.9B
Property Plant Equipment182.0B198.5B187.9B189.8B218.3B229.2B
Other Liab15.5B16.6B11.0B12.3B14.1B14.9B
Good Will8.9B8.3B8.1B8.9B9.0B5.7B
Net Tangible Assets26.6B28.5B18.6B17.4B15.6B18.0B
Deferred Long Term Liab3.2B3.8B2.9B28.4M32.7M31.0M
Short Long Term Debt1.2B1.1B1.0B1.1B975.2M926.5M
Non Current Liabilities Other11.6B9.4B10.2B9.8B10.4B10.8B
Net Invested Capital205.9B187.9B188.5B197.5B179.9B160.4B
Net Working Capital(10.8B)(8.9B)(19.7B)(24.7B)(34.8B)(33.1B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Bohai Stock

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