Zhejiang Total Other Income Expense Net vs Income Before Tax Analysis

002443 Stock   6.05  0.04  0.67%   
Zhejiang Kingland financial indicator trend analysis is more than just analyzing Zhejiang Kingland current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Kingland is a good investment. Please check the relationship between Zhejiang Kingland Total Other Income Expense Net and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Kingland Pipeline. 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.

Total Other Income Expense Net vs Income Before Tax

Total Other Income Expense Net vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Kingland Total Other Income Expense Net account and Income Before Tax. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zhejiang Kingland's Total Other Income Expense Net and Income Before Tax is 0.19. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Zhejiang Kingland Pipeline, assuming nothing else is changed. The correlation between historical values of Zhejiang Kingland's Total Other Income Expense Net 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 Total Other Income Expense Net of Zhejiang Kingland Pipeline 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 Total Other Income Expense Net i.e., Zhejiang Kingland's Total Other Income Expense Net and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Other Income Expense Net

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Zhejiang Kingland income statement and is an important metric when analyzing Zhejiang Kingland 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 Zhejiang Kingland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Kingland 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 Zhejiang Kingland Pipeline. 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 February 18, 2025, Selling General Administrative is expected to decline to about 30 M. In addition to that, Discontinued Operations is expected to decline to about 2.1 M
 2022 2023 2024 2025 (projected)
Operating Income322.2M404.7M465.4M255.0M
Total Revenue6.1B5.7B6.6B4.6B

Zhejiang Kingland fundamental ratios Correlations

0.30.730.980.97-0.390.370.690.960.940.030.790.760.750.850.840.81-0.27-0.590.91-0.770.96-0.85-0.840.59-0.76
0.30.290.260.36-0.02-0.230.230.350.390.810.320.30.20.290.320.220.34-0.540.3-0.430.28-0.26-0.470.25-0.35
0.730.290.590.630.020.360.320.750.720.140.990.740.430.560.780.51-0.18-0.730.57-0.60.72-0.65-0.570.39-0.37
0.980.260.590.98-0.450.360.720.930.92-0.010.650.680.750.840.760.83-0.28-0.490.93-0.760.94-0.83-0.840.59-0.78
0.970.360.630.98-0.340.440.60.920.940.040.690.640.640.750.760.87-0.23-0.560.97-0.810.97-0.84-0.890.61-0.8
-0.39-0.020.02-0.45-0.340.28-0.68-0.28-0.180.1-0.06-0.17-0.7-0.57-0.38-0.290.19-0.03-0.27-0.02-0.240.230.29-0.310.31
0.37-0.230.360.360.440.28-0.330.310.42-0.480.340.03-0.21-0.080.20.69-0.62-0.310.6-0.530.59-0.58-0.520.44-0.38
0.690.230.320.720.6-0.68-0.330.690.570.220.380.680.920.890.580.280.07-0.20.44-0.330.5-0.4-0.380.23-0.41
0.960.350.750.930.92-0.280.310.690.940.120.790.850.750.860.830.73-0.23-0.60.84-0.840.93-0.88-0.830.52-0.75
0.940.390.720.920.94-0.180.420.570.940.10.750.720.640.760.730.81-0.24-0.620.9-0.840.94-0.84-0.840.61-0.7
0.030.810.14-0.010.040.1-0.480.220.120.10.160.270.080.150.16-0.150.48-0.45-0.04-0.15-0.030.04-0.11-0.02-0.07
0.790.320.990.650.69-0.060.340.380.790.750.160.770.490.620.870.54-0.18-0.730.62-0.630.76-0.7-0.630.44-0.48
0.760.30.740.680.64-0.170.030.680.850.720.270.770.750.860.810.4-0.14-0.590.5-0.70.66-0.69-0.550.35-0.57
0.750.20.430.750.64-0.7-0.210.920.750.640.080.490.750.970.670.42-0.16-0.290.5-0.430.56-0.55-0.490.38-0.51
0.850.290.560.840.75-0.57-0.080.890.860.760.150.620.860.970.770.53-0.18-0.430.62-0.60.7-0.67-0.610.45-0.62
0.840.320.780.760.76-0.380.20.580.830.730.160.870.810.670.770.6-0.24-0.620.68-0.640.79-0.8-0.730.55-0.75
0.810.220.510.830.87-0.290.690.280.730.81-0.150.540.40.420.530.6-0.59-0.560.94-0.790.9-0.87-0.920.76-0.76
-0.270.34-0.18-0.28-0.230.19-0.620.07-0.23-0.240.48-0.18-0.14-0.16-0.18-0.24-0.590.2-0.380.34-0.370.550.4-0.660.37
-0.59-0.54-0.73-0.49-0.56-0.03-0.31-0.2-0.6-0.62-0.45-0.73-0.59-0.29-0.43-0.62-0.560.2-0.550.63-0.620.590.64-0.490.43
0.910.30.570.930.97-0.270.60.440.840.9-0.040.620.50.50.620.680.94-0.38-0.55-0.810.97-0.85-0.910.7-0.8
-0.77-0.43-0.6-0.76-0.81-0.02-0.53-0.33-0.84-0.84-0.15-0.63-0.7-0.43-0.6-0.64-0.790.340.63-0.81-0.860.910.89-0.570.79
0.960.280.720.940.97-0.240.590.50.930.94-0.030.760.660.560.70.790.9-0.37-0.620.97-0.86-0.92-0.910.64-0.79
-0.85-0.26-0.65-0.83-0.840.23-0.58-0.4-0.88-0.840.04-0.7-0.69-0.55-0.67-0.8-0.870.550.59-0.850.91-0.920.93-0.70.87
-0.84-0.47-0.57-0.84-0.890.29-0.52-0.38-0.83-0.84-0.11-0.63-0.55-0.49-0.61-0.73-0.920.40.64-0.910.89-0.910.93-0.690.88
0.590.250.390.590.61-0.310.440.230.520.61-0.020.440.350.380.450.550.76-0.66-0.490.7-0.570.64-0.7-0.69-0.65
-0.76-0.35-0.37-0.78-0.80.31-0.38-0.41-0.75-0.7-0.07-0.48-0.57-0.51-0.62-0.75-0.760.370.43-0.80.79-0.790.870.88-0.65
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Zhejiang Kingland Account Relationship Matchups

Zhejiang Kingland fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0B4.4B4.7B4.6B5.3B3.6B
Other Current Liab358.1M306.4M307.0M36.2M41.7M39.6M
Total Current Liabilities819.5M990.3M1.3B894.4M1.0B932.9M
Total Stockholder Equity2.9B3.1B3.1B3.4B3.9B2.4B
Retained Earnings1.6B1.8B1.8B1.8B2.1B1.1B
Accounts Payable191.9M184.5M208.9M185.7M167.2M173.3M
Cash386.3M533.9M734.7M887.9M1.0B1.1B
Net Receivables738.7M814.8M907.6M890.2M1.0B658.6M
Inventory842.5M1.1B1.2B1.1B1.2B824.7M
Other Current Assets528.6M442.6M340.1M8.0M9.2M8.7M
Total Liab988.6M1.2B1.4B1.1B1.2B1.0B
Intangible Assets151.4M147.5M143.6M138.4M159.1M129.1M
Property Plant Equipment855.1M941.0M946.5M904.9M1.0B793.9M
Other Liab166.4M169.1M165.4M155.7M179.0M141.9M
Other Assets7.5M30.9M45.0M61.6M70.9M74.4M
Net Tangible Assets2.3B2.7B2.9B2.9B3.3B2.6B
Total Current Assets2.9B3.3B3.6B3.6B4.1B2.9B
Non Current Assets Total1.1B1.2B1.1B1.1B957.1M952.5M
Non Currrent Assets Other15.5M26.6M32.0M29.1M26.2M24.9M
Non Current Liabilities Total169.1M183.7M168.2M157.4M181.0M183.1M
Short Long Term Debt180.2M373.1M652.1M305.1M274.5M377.7M
Net Invested Capital3.0B3.4B3.7B3.7B4.2B3.5B
Net Working Capital2.1B2.3B2.4B2.7B3.1B2.1B
Property Plant And Equipment Net941.0M946.5M904.9M853.9M768.5M720.2M
Property Plant And Equipment Gross1.4B1.5B904.9M1.5B1.4B1.1B

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Other Information on Investing in Zhejiang Stock

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