Beijing Net Income vs Income Before Tax Analysis

000609 Stock

2.44 0.03 1.21%

Beijing Mainstreets financial indicator trend analysis is way more than just evaluating Beijing Mainstreets prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Mainstreets is a good investment. Please check the relationship between Beijing Mainstreets Net Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Mainstreets Investment. 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.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Mainstreets Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.

The correlation between Beijing Mainstreets' Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Beijing Mainstreets Investment, assuming nothing else is changed. The correlation between historical values of Beijing Mainstreets' Net 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 Net Income of Beijing Mainstreets Investment 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 Net Income i.e., Beijing Mainstreets' Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Beijing Mainstreets financial statement analysis. It represents the amount of money remaining after all of Beijing Mainstreets Investment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Beijing Mainstreets income statement and is an important metric when analyzing Beijing Mainstreets 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 Beijing Mainstreets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Mainstreets 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 Beijing Mainstreets Investment. 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 3, 2024, Selling General Administrative is expected to decline to about 7.7 M. In addition to that, Tax Provision is expected to decline to about 233.3 K

	2021	2023	2024 (projected)
Other Operating Expenses	4.3M	3.8M	3.7M
Gross Profit	72.5M	916.6K	870.8K

Other Operating Expenses Gross Profit

Beijing Mainstreets fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Inventory	Total Liab	Common Stock	Property Plant Equipment	Intangible Assets	Long Term Debt	Short Term Investments	Good Will	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Treasury Stock
Total Assets		0.42	-0.04	0.36	0.62	-0.25	0.57	0.86	0.85	0.52	-0.64	-0.13	0.68	-0.24	-0.3	0.74	0.71	0.14	0.65	0.32	-0.24	0.87	-0.38	-0.61	0.85	0.66
Total Stockholder Equity	0.42		0.44	0.99	-0.36	0.42	0.42	-0.03	-0.11	0.36	-0.25	0.27	-0.15	0.31	0.01	0.35	-0.3	0.81	-0.12	0.37	0.25	0.08	0.29	0.08	0.19	-0.02
Other Liab	-0.04	0.44		0.46	-0.46	0.62	0.2	-0.22	-0.3	0.15	0.04	-0.34	-0.44	0.35	-0.49	0.03	-0.38	0.46	-0.39	-0.12	-0.1	-0.17	0.5	0.34	-0.04	-0.33
Retained Earnings	0.36	0.99	0.46		-0.43	0.45	0.39	-0.1	-0.17	0.29	-0.17	0.29	-0.23	0.33	0.05	0.36	-0.34	0.82	-0.15	0.33	0.28	0.03	0.37	0.17	0.13	-0.11
Accounts Payable	0.62	-0.36	-0.46	-0.43		-0.66	0.24	0.86	0.9	0.34	-0.6	-0.24	0.74	-0.47	-0.25	0.22	0.85	-0.5	0.55	-0.02	-0.34	0.71	-0.7	-0.77	0.62	0.76
Cash	-0.25	0.42	0.62	0.45	-0.66		0.0	-0.5	-0.51	0.16	0.05	-0.03	-0.47	0.37	-0.21	-0.07	-0.54	0.42	-0.39	0.15	-0.06	-0.41	0.51	0.43	-0.34	-0.41
Other Assets	0.57	0.42	0.2	0.39	0.24	0.0		0.33	0.4	0.19	-0.19	0.07	0.34	0.18	-0.03	0.48	0.3	0.35	0.05	0.08	-0.06	0.43	0.31	-0.11	0.47	0.15
Inventory	0.86	-0.03	-0.22	-0.1	0.86	-0.5	0.33		0.97	0.31	-0.57	-0.37	0.75	-0.5	-0.38	0.57	0.88	-0.17	0.74	0.22	-0.44	0.95	-0.65	-0.8	0.87	0.83
Total Liab	0.85	-0.11	-0.3	-0.17	0.9	-0.51	0.4	0.97		0.35	-0.59	-0.29	0.81	-0.44	-0.33	0.57	0.93	-0.27	0.77	0.17	-0.39	0.93	-0.59	-0.73	0.82	0.75
Common Stock	0.52	0.36	0.15	0.29	0.34	0.16	0.19	0.31	0.35		-0.87	0.0	0.31	0.18	-0.45	0.04	0.23	-0.11	0.17	0.12	-0.07	0.16	-0.28	-0.3	0.19	0.29
Property Plant Equipment	-0.64	-0.25	0.04	-0.17	-0.6	0.05	-0.19	-0.57	-0.59	-0.87		0.12	-0.45	0.14	0.48	-0.12	-0.41	0.1	-0.34	-0.23	0.11	-0.44	0.51	0.58	-0.4	-0.57
Intangible Assets	-0.13	0.27	-0.34	0.29	-0.24	-0.03	0.07	-0.37	-0.29	0.0	0.12		-0.17	0.24	0.87	-0.09	-0.3	0.16	-0.29	-0.25	0.71	-0.34	0.4	0.46	-0.31	-0.46
Long Term Debt	0.68	-0.15	-0.44	-0.23	0.74	-0.47	0.34	0.75	0.81	0.31	-0.45	-0.17		-0.43	-0.17	0.4	0.73	-0.22	0.77	0.38	-0.33	0.71	-0.56	-0.68	0.77	0.69
Short Term Investments	-0.24	0.31	0.35	0.33	-0.47	0.37	0.18	-0.5	-0.44	0.18	0.14	0.24	-0.43		0.02	-0.17	-0.45	0.1	-0.35	-0.13	-0.01	-0.47	0.46	0.52	-0.43	-0.52
Good Will	-0.3	0.01	-0.49	0.05	-0.25	-0.21	-0.03	-0.38	-0.33	-0.45	0.48	0.87	-0.17	0.02		-0.09	-0.27	0.12	-0.26	-0.24	0.61	-0.31	0.37	0.42	-0.29	-0.42
Other Current Liab	0.74	0.35	0.03	0.36	0.22	-0.07	0.48	0.57	0.57	0.04	-0.12	-0.09	0.4	-0.17	-0.09		0.58	0.18	0.63	0.17	-0.12	0.71	0.03	-0.14	0.67	0.25
Total Current Liabilities	0.71	-0.3	-0.38	-0.34	0.85	-0.54	0.3	0.88	0.93	0.23	-0.41	-0.3	0.73	-0.45	-0.27	0.58		-0.48	0.75	0.02	-0.39	0.83	-0.52	-0.6	0.66	0.62
Net Tangible Assets	0.14	0.81	0.46	0.82	-0.5	0.42	0.35	-0.17	-0.27	-0.11	0.1	0.16	-0.22	0.1	0.12	0.18	-0.48		-0.23	0.46	0.24	0.03	0.4	0.12	0.16	-0.09
Net Receivables	0.65	-0.12	-0.39	-0.15	0.55	-0.39	0.05	0.74	0.77	0.17	-0.34	-0.29	0.77	-0.35	-0.26	0.63	0.75	-0.23		0.44	-0.35	0.78	-0.57	-0.53	0.69	0.57
Other Current Assets	0.32	0.37	-0.12	0.33	-0.02	0.15	0.08	0.22	0.17	0.12	-0.23	-0.25	0.38	-0.13	-0.24	0.17	0.02	0.46	0.44		-0.28	0.34	-0.39	-0.51	0.32	0.52
Long Term Investments	-0.24	0.25	-0.1	0.28	-0.34	-0.06	-0.06	-0.44	-0.39	-0.07	0.11	0.71	-0.33	-0.01	0.61	-0.12	-0.39	0.24	-0.35	-0.28		-0.4	0.48	0.54	-0.38	-0.54
Total Current Assets	0.87	0.08	-0.17	0.03	0.71	-0.41	0.43	0.95	0.93	0.16	-0.44	-0.34	0.71	-0.47	-0.31	0.71	0.83	0.03	0.78	0.34	-0.4		-0.5	-0.71	0.9	0.74
Non Current Assets Total	-0.38	0.29	0.5	0.37	-0.7	0.51	0.31	-0.65	-0.59	-0.28	0.51	0.4	-0.56	0.46	0.37	0.03	-0.52	0.4	-0.57	-0.39	0.48	-0.5		0.88	-0.41	-0.86
Non Currrent Assets Other	-0.61	0.08	0.34	0.17	-0.77	0.43	-0.11	-0.8	-0.73	-0.3	0.58	0.46	-0.68	0.52	0.42	-0.14	-0.6	0.12	-0.53	-0.51	0.54	-0.71	0.88		-0.65	-0.99
Non Current Liabilities Total	0.85	0.19	-0.04	0.13	0.62	-0.34	0.47	0.87	0.82	0.19	-0.4	-0.31	0.77	-0.43	-0.29	0.67	0.66	0.16	0.69	0.32	-0.38	0.9	-0.41	-0.65		0.7
Treasury Stock	0.66	-0.02	-0.33	-0.11	0.76	-0.41	0.15	0.83	0.75	0.29	-0.57	-0.46	0.69	-0.52	-0.42	0.25	0.62	-0.09	0.57	0.52	-0.54	0.74	-0.86	-0.99	0.7

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Beijing Mainstreets Account Relationship Matchups

Beijing Mainstreets fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	3.9B	2.9B	2.3B	2.3B	1.8B
Total Stockholder Equity	1.5B	1.2B	862.8M	571.8M	389.6M	370.1M
Other Liab	447.4M	352.5M	12.7M	2.7M	3.1M	3.0M
Retained Earnings	1.2B	900.1M	524.4M	91.6M	(92.6M)	(87.9M)
Accounts Payable	372.1M	296.6M	396.5M	431.2M	420.1M	441.1M
Cash	351.6M	132.5M	113.7M	61.7M	35.1M	33.3M
Other Assets	42.9M	314.4M	39.0M	40.3M	46.4M	51.7M
Inventory	3.0B	3.1B	2.5B	1.9B	2.0B	2.1B
Total Liab	2.7B	2.6B	2.1B	1.7B	1.9B	2.0B
Property Plant Equipment	9.0M	7.9M	6.1M	4.6M	4.2M	4.0M
Long Term Debt	534.1M	599.5M	130M	481.5M	553.8M	280.4M
Other Current Liab	1.4B	1.5B	953.2M	507.8M	127.4M	121.0M
Total Current Liabilities	1.8B	1.8B	1.9B	1.2B	1.7B	1.3B
Net Tangible Assets	1.5B	1.5B	1.2B	859.8M	773.9M	1.1B
Net Receivables	14.9M	56.6M	183.8M	52.4M	60.3M	52.3M
Other Current Assets	140.7M	268.3M	2.5M	4.0M	69.9M	83.0M
Total Current Assets	3.6B	3.7B	2.7B	2.1B	2.1B	2.6B
Non Current Assets Total	573.2M	154.7M	187.8M	170.2M	157.1M	229.9M
Non Current Liabilities Total	886.7M	812.2M	132.7M	487.2M	213.2M	202.6M
Net Invested Capital	2.1B	1.8B	992.8M	1.1B	389.6M	370.1M
Net Working Capital	1.9B	1.9B	807.8M	888.8M	445.7M	423.4M
Net Debt	182.6M	467.0M	16.3M	419.8M	482.8M	250.9M

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Other Information on Investing in Beijing Stock

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

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Beijing Net Income vs Income Before Tax Analysis

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Income

Income Before Tax

Beijing Mainstreets fundamental ratios Correlations

Beijing Mainstreets Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Mainstreets fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.97	Inventory
Total Current Assets	+ 0.95	Inventory
Total Current Liabilities	+ 0.93	Total Liab
Total Current Assets	+ 0.93	Total Liab
Total Liab	+ 0.9	Accounts Payable

Treasury Stock	- 0.99	Non Currrent Assets Other
Property Plant Equipment	- 0.87	Common Stock
Treasury Stock	- 0.86	Non Current Assets Total
Non Currrent Assets Other	- 0.8	Inventory
Non Currrent Assets Other	- 0.77	Accounts Payable
Non Currrent Assets Other	- 0.73	Total Liab