002384 Stock | | | 27.56 0.04 0.15% |
Suzhou Dongshan financial indicator trend analysis is much more than just breaking down Suzhou Dongshan Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Dongshan Precision is a good investment. Please check the relationship between Suzhou Dongshan Operating Income and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Dongshan Precision. 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.
Operating Income vs Income Before Tax
Operating Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Suzhou Dongshan Precision Operating Income account and
Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suzhou Dongshan's Operating Income and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Suzhou Dongshan Precision, assuming nothing else is changed. The correlation between historical values of Suzhou Dongshan's Operating 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 Operating Income of Suzhou Dongshan Precision 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 Operating Income i.e., Suzhou Dongshan's Operating Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Suzhou Dongshan Precision operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Suzhou Dongshan Precision is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Suzhou Dongshan income statement and is an important metric when analyzing Suzhou Dongshan Precision 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 Suzhou Dongshan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Dongshan Precision 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 Suzhou Dongshan Precision. 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 December 18, 2024,
Selling General Administrative is expected to decline to about 411.5
M. In addition to that,
Tax Provision is expected to decline to about 192.5
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 2.7B | 3.7B | 2.8B | 2.9B | Total Revenue | 31.8B | 31.6B | 33.7B | 35.3B |
Suzhou Dongshan fundamental ratios Correlations
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Suzhou Dongshan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Suzhou Dongshan fundamental ratios Accounts
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Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the
financial position of Suzhou Dongshan Precision at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Dongshan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Dongshan 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.