Beijing Gross Profit vs Income Before Tax Analysis

000860 Stock

18.19 0.41 2.20%

Beijing Shunxin financial indicator trend analysis is way more than just evaluating Beijing Shunxin Agri prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Shunxin Agri is a good investment. Please check the relationship between Beijing Shunxin Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Shunxin Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Shunxin Agri Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between Beijing Shunxin's Gross Profit and Income Before Tax is 0.69. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Beijing Shunxin Agriculture, assuming nothing else is changed. The correlation between historical values of Beijing Shunxin's Gross Profit 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 Gross Profit of Beijing Shunxin Agriculture 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 Gross Profit i.e., Beijing Shunxin's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Beijing Shunxin Agriculture minus its cost of goods sold. It is profit before Beijing Shunxin 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Beijing Shunxin income statement and is an important metric when analyzing Beijing Shunxin Agri 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 Shunxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Shunxin Agri 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 Shunxin Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of January 5, 2025, Selling General Administrative is expected to decline to about 125.4 M. In addition to that, Tax Provision is expected to decline to about 333.7 M

	2022	2023	2024	2025 (projected)
Interest Expense	233.1M	208.8M	240.1M	252.1M
Depreciation And Amortization	305.4M	326.8M	375.8M	394.6M

Interest Expense Depreciation And Amortization

Beijing Shunxin fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Retained Earnings	Short Term Investments	Intangible Assets
Total Assets		0.78	0.43	0.91	0.79	0.87	0.42	-0.41	0.28	0.85	0.84	0.66	-0.1	0.75	0.77	0.71	0.79	0.74	0.97	0.99	0.41	0.85	-0.1	0.77	-0.02	0.75
Short Long Term Debt Total	0.78		0.23	0.88	0.42	0.8	0.23	0.13	0.21	0.54	0.77	0.3	0.24	0.34	0.53	0.69	0.45	0.43	0.86	0.74	0.83	0.63	0.25	0.43	-0.21	0.8
Other Current Liab	0.43	0.23		0.4	0.19	0.36	-0.49	-0.08	-0.4	0.21	0.21	-0.05	0.16	0.15	0.53	0.73	0.26	0.55	0.49	0.47	0.07	0.05	0.26	0.08	-0.41	0.36
Total Current Liabilities	0.91	0.88	0.4		0.59	0.78	0.37	-0.25	0.15	0.78	0.75	0.55	0.03	0.49	0.55	0.68	0.7	0.48	0.96	0.91	0.69	0.76	0.18	0.65	-0.08	0.72
Total Stockholder Equity	0.79	0.42	0.19	0.59		0.7	0.58	-0.54	0.5	0.73	0.69	0.9	-0.27	0.87	0.6	0.37	0.71	0.7	0.66	0.77	0.07	0.83	-0.45	0.94	0.4	0.52
Property Plant And Equipment Net	0.87	0.8	0.36	0.78	0.7		0.21	0.01	0.34	0.51	0.97	0.48	0.09	0.73	0.68	0.61	0.43	0.78	0.84	0.79	0.51	0.82	-0.02	0.58	0.09	0.94
Current Deferred Revenue	0.42	0.23	-0.49	0.37	0.58	0.21		-0.61	0.45	0.66	0.29	0.79	-0.45	0.49	0.11	-0.11	0.58	0.03	0.33	0.43	0.05	0.61	-0.41	0.73	0.46	0.07
Net Debt	-0.41	0.13	-0.08	-0.25	-0.54	0.01	-0.61		-0.19	-0.77	-0.02	-0.68	0.62	-0.49	-0.3	-0.04	-0.79	-0.22	-0.29	-0.5	0.41	-0.4	0.47	-0.66	-0.2	0.21
Accounts Payable	0.28	0.21	-0.4	0.15	0.5	0.34	0.45	-0.19		0.3	0.44	0.5	-0.27	0.48	0.22	-0.1	0.37	0.23	0.19	0.22	0.0	0.48	-0.35	0.44	0.55	0.22
Cash	0.85	0.54	0.21	0.78	0.73	0.51	0.66	-0.77	0.3		0.51	0.77	-0.37	0.64	0.6	0.48	0.96	0.47	0.8	0.9	0.18	0.74	-0.24	0.84	0.03	0.34
Non Current Assets Total	0.84	0.77	0.21	0.75	0.69	0.97	0.29	-0.02	0.44	0.51		0.52	0.0	0.74	0.6	0.47	0.42	0.69	0.78	0.74	0.51	0.87	-0.06	0.6	0.19	0.92
Cash And Short Term Investments	0.66	0.3	-0.05	0.55	0.9	0.48	0.79	-0.68	0.5	0.77	0.52		-0.43	0.76	0.31	0.08	0.72	0.36	0.54	0.66	0.08	0.81	-0.46	0.96	0.58	0.31
Net Receivables	-0.1	0.24	0.16	0.03	-0.27	0.09	-0.45	0.62	-0.27	-0.37	0.0	-0.43		-0.25	-0.12	0.18	-0.4	-0.05	-0.01	-0.13	0.42	-0.15	0.46	-0.32	-0.39	0.11
Common Stock Shares Outstanding	0.75	0.34	0.15	0.49	0.87	0.73	0.49	-0.49	0.48	0.64	0.74	0.76	-0.25		0.6	0.25	0.57	0.73	0.58	0.71	-0.07	0.87	-0.58	0.79	0.39	0.53
Non Current Liabilities Total	0.77	0.53	0.53	0.55	0.6	0.68	0.11	-0.3	0.22	0.6	0.6	0.31	-0.12	0.6		0.82	0.6	0.82	0.75	0.77	0.01	0.47	-0.17	0.47	-0.24	0.61
Inventory	0.71	0.69	0.73	0.68	0.37	0.61	-0.11	-0.04	-0.1	0.48	0.47	0.08	0.18	0.25	0.82		0.5	0.67	0.8	0.73	0.37	0.27	0.23	0.28	-0.52	0.6
Other Current Assets	0.79	0.45	0.26	0.7	0.71	0.43	0.58	-0.79	0.37	0.96	0.42	0.72	-0.4	0.57	0.6	0.5		0.5	0.74	0.85	0.09	0.62	-0.19	0.78	0.01	0.25
Other Stockholder Equity	0.74	0.43	0.55	0.48	0.7	0.78	0.03	-0.22	0.23	0.47	0.69	0.36	-0.05	0.73	0.82	0.67	0.5		0.64	0.71	-0.01	0.55	-0.22	0.48	-0.04	0.64
Total Liab	0.97	0.86	0.49	0.96	0.66	0.84	0.33	-0.29	0.19	0.8	0.78	0.54	-0.01	0.58	0.75	0.8	0.74	0.64		0.96	0.54	0.75	0.08	0.66	-0.14	0.77
Total Current Assets	0.99	0.74	0.47	0.91	0.77	0.79	0.43	-0.5	0.22	0.9	0.74	0.66	-0.13	0.71	0.77	0.73	0.85	0.71	0.96		0.35	0.8	-0.1	0.78	-0.08	0.65
Short Term Debt	0.41	0.83	0.07	0.69	0.07	0.51	0.05	0.41	0.0	0.18	0.51	0.08	0.42	-0.07	0.01	0.37	0.09	-0.01	0.54	0.35		0.36	0.53	0.13	-0.17	0.59
Common Stock	0.85	0.63	0.05	0.76	0.83	0.82	0.61	-0.4	0.48	0.74	0.87	0.81	-0.15	0.87	0.47	0.27	0.62	0.55	0.75	0.8	0.36		-0.34	0.84	0.36	0.66
Non Currrent Assets Other	-0.1	0.25	0.26	0.18	-0.45	-0.02	-0.41	0.47	-0.35	-0.24	-0.06	-0.46	0.46	-0.58	-0.17	0.23	-0.19	-0.22	0.08	-0.1	0.53	-0.34		-0.4	-0.45	0.14
Retained Earnings	0.77	0.43	0.08	0.65	0.94	0.58	0.73	-0.66	0.44	0.84	0.6	0.96	-0.32	0.79	0.47	0.28	0.78	0.48	0.66	0.78	0.13	0.84	-0.4		0.37	0.4
Short Term Investments	-0.02	-0.21	-0.41	-0.08	0.4	0.09	0.46	-0.2	0.55	0.03	0.19	0.58	-0.39	0.39	-0.24	-0.52	0.01	-0.04	-0.14	-0.08	-0.17	0.36	-0.45	0.37		0.01
Intangible Assets	0.75	0.8	0.36	0.72	0.52	0.94	0.07	0.21	0.22	0.34	0.92	0.31	0.11	0.53	0.61	0.6	0.25	0.64	0.77	0.65	0.59	0.66	0.14	0.4	0.01

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Beijing Shunxin Account Relationship Matchups

Beijing Shunxin fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	21.7B	19.4B	20.3B	15.4B	17.7B	10.3B
Short Long Term Debt Total	7.2B	6.9B	6.7B	4.9B	5.6B	3.7B
Other Current Liab	666.8M	344.1M	884.3M	585.8M	673.7M	640.0M
Total Current Liabilities	11.2B	9.0B	10.3B	7.3B	8.4B	5.2B
Total Stockholder Equity	7.7B	7.8B	7.1B	6.8B	7.8B	8.2B
Property Plant And Equipment Net	3.3B	3.2B	3.2B	3.4B	3.9B	2.3B
Current Deferred Revenue	5.7B	3.1B	3.9B	2.2B	2.5B	2.7B
Net Debt	(1.6B)	(743.8M)	(1.8B)	1.4B	1.6B	1.1B
Accounts Payable	283.8M	1.2B	1.6B	907.4M	1.0B	1.1B
Cash	8.8B	7.6B	8.6B	3.4B	4.0B	2.7B
Non Current Assets Total	4.4B	5.2B	5.1B	5.3B	6.0B	3.1B
Cash And Short Term Investments	8.8B	7.6B	8.6B	7.3B	8.4B	8.8B
Net Receivables	672.1M	580.6M	263.5M	600.5M	690.6M	637.8M
Liabilities And Stockholders Equity	21.7B	19.4B	20.3B	15.4B	17.7B	10.3B
Non Current Liabilities Total	2.7B	2.6B	2.8B	1.3B	1.5B	1.3B
Inventory	7.3B	5.5B	5.8B	2.2B	2.5B	3.7B
Other Current Assets	477.4M	486.9M	594.4M	41.9M	48.2M	85.9M
Total Liab	13.9B	11.6B	13.2B	8.6B	9.9B	6.5B
Total Current Assets	17.2B	14.2B	15.2B	10.1B	11.6B	7.2B
Short Term Debt	4.5B	4.3B	3.9B	3.6B	4.1B	2.9B
Non Currrent Assets Other	55.4M	84.0M	58.3M	13.4M	15.4M	14.6M
Retained Earnings	3.6B	3.6B	2.9B	2.6B	2.9B	3.1B
Short Term Investments	(88.5M)	(944.6M)	3.6B	3.8B	4.4B	4.6B
Intangible Assets	722.7M	702.3M	682.0M	787.3M	905.4M	492.5M
Property Plant Equipment	3.4B	3.3B	3.3B	3.3B	3.8B	2.8B
Long Term Debt	2.7B	2.5B	2.8B	1.2B	1.4B	1.8B
Net Tangible Assets	6.9B	6.7B	7.0B	7.1B	8.1B	7.0B
Deferred Long Term Liab	7.5M	9.3M	13.2M	66.3M	59.7M	31.4M
Short Long Term Debt	4.1B	2.9B	2.5B	2.6B	2.3B	2.4B
Net Invested Capital	14.5B	13.2B	12.4B	10.6B	9.5B	10.1B
Net Working Capital	6.0B	5.2B	4.8B	2.8B	2.5B	4.2B
Property Plant And Equipment Gross	4.9B	5.1B	5.4B	5.5B	6.4B	5.6B

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Balance Sheet is a snapshot of the financial position of Beijing Shunxin Agri at a specified time, usually calculated after every quarter, six months, or one year. Beijing Shunxin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Shunxin 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 Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

Beijing Shunxin fundamental ratios Correlations

Beijing Shunxin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Shunxin fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

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Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Total Liab	+ 0.96	Total Current Liabilities
Other Current Assets	+ 0.96	Cash
Retained Earnings	+ 0.96	Cash And Short Term Investments

Other Current Assets	- 0.79	Net Debt
Cash	- 0.77	Net Debt
Cash And Short Term Investments	- 0.68	Net Debt
Retained Earnings	- 0.66	Net Debt
Net Debt	- 0.61	Current Deferred Revenue
Non Currrent Assets Other	- 0.58	Common Stock Shares Outstanding