Shenzhen Income Before Tax vs Total Operating Expenses Analysis

002822 Stock

4.05 0.06 1.46%

Shenzhen Zhongzhuang financial indicator trend analysis is much more than just breaking down Shenzhen Zhongzhuang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Zhongzhuang is a good investment. Please check the relationship between Shenzhen Zhongzhuang Income Before Tax and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Zhongzhuang Construction. 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.

Income Before Tax vs Total Operating Expenses

Income Before Tax vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Zhongzhuang Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shenzhen Zhongzhuang's Income Before Tax and Total Operating Expenses is -0.23. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Shenzhen Zhongzhuang Construction, assuming nothing else is changed. The correlation between historical values of Shenzhen Zhongzhuang's Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Shenzhen Zhongzhuang Construction are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., Shenzhen Zhongzhuang's Income Before Tax and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Shenzhen Zhongzhuang income statement and is an important metric when analyzing Shenzhen Zhongzhuang 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Shenzhen Zhongzhuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Zhongzhuang 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 Shenzhen Zhongzhuang Construction. 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 1, 2024, Selling General Administrative is expected to decline to about 41.2 M. The current year's Tax Provision is expected to grow to about (17.6 K)

	2021	2022	2023	2024 (projected)
Interest Expense	106.9M	119.9M	104.0M	63.0M
Depreciation And Amortization	64.9M	76.7M	86.6M	91.0M

Interest Expense Depreciation And Amortization

Shenzhen Zhongzhuang fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	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
Total Assets		0.98	0.71	1.0	0.98	0.55	0.77	0.68	0.71	0.88	0.98	0.78	0.85	0.76	0.27	0.78	0.8	0.92	0.41	0.73	0.85	0.78	0.94	0.99	1.0	0.96
Short Long Term Debt Total	0.98		0.73	0.96	0.92	0.59	0.79	0.64	0.77	0.81	0.94	0.72	0.86	0.82	0.31	0.78	0.75	0.88	0.41	0.79	0.86	0.78	0.87	0.99	0.97	0.93
Other Current Liab	0.71	0.73		0.69	0.65	0.56	0.64	0.13	0.59	0.64	0.7	0.47	0.66	0.65	0.83	0.55	0.51	0.68	0.13	0.63	0.62	0.52	0.55	0.73	0.7	0.65
Total Current Liabilities	1.0	0.96	0.69		0.98	0.52	0.75	0.7	0.7	0.89	0.98	0.78	0.84	0.72	0.24	0.77	0.8	0.91	0.41	0.69	0.84	0.76	0.93	0.98	0.99	0.97
Total Stockholder Equity	0.98	0.92	0.65	0.98		0.44	0.68	0.67	0.59	0.94	0.94	0.88	0.77	0.65	0.19	0.7	0.89	0.89	0.35	0.61	0.79	0.74	0.97	0.94	0.99	0.98
Other Liab	0.55	0.59	0.56	0.52	0.44		0.94	0.58	0.91	0.24	0.61	0.13	0.87	0.64	0.34	0.85	0.15	0.54	0.26	0.89	0.87	0.82	0.46	0.6	0.5	0.39
Property Plant And Equipment Net	0.77	0.79	0.64	0.75	0.68	0.94		0.74	0.96	0.5	0.8	0.39	0.98	0.8	0.28	0.96	0.42	0.76	0.33	0.95	0.97	0.91	0.68	0.81	0.74	0.64
Current Deferred Revenue	0.68	0.64	0.13	0.7	0.67	0.58	0.74		0.73	0.52	0.7	0.47	0.8	0.6	-0.29	0.83	0.47	0.65	0.57	0.67	0.82	0.79	0.69	0.68	0.68	0.63
Net Debt	0.71	0.77	0.59	0.7	0.59	0.91	0.96	0.73		0.43	0.73	0.28	0.96	0.84	0.28	0.93	0.32	0.66	0.45	0.96	0.95	0.86	0.55	0.77	0.67	0.59
Retained Earnings	0.88	0.81	0.64	0.89	0.94	0.24	0.5	0.52	0.43		0.82	0.91	0.62	0.56	0.24	0.54	0.92	0.78	0.32	0.44	0.63	0.57	0.86	0.82	0.91	0.95
Accounts Payable	0.98	0.94	0.7	0.98	0.94	0.61	0.8	0.7	0.73	0.82		0.69	0.86	0.7	0.27	0.81	0.71	0.95	0.38	0.72	0.87	0.79	0.92	0.97	0.97	0.91
Cash	0.78	0.72	0.47	0.78	0.88	0.13	0.39	0.47	0.28	0.91	0.69		0.49	0.45	0.02	0.4	1.0	0.67	0.14	0.36	0.52	0.51	0.85	0.7	0.83	0.88
Non Current Assets Total	0.85	0.86	0.66	0.84	0.77	0.87	0.98	0.8	0.96	0.62	0.86	0.49		0.85	0.27	0.97	0.53	0.81	0.44	0.94	0.99	0.92	0.75	0.88	0.82	0.75
Non Currrent Assets Other	0.76	0.82	0.65	0.72	0.65	0.64	0.8	0.6	0.84	0.56	0.7	0.45	0.85		0.39	0.82	0.52	0.75	0.5	0.91	0.8	0.73	0.57	0.8	0.73	0.65
Other Assets	0.27	0.31	0.83	0.24	0.19	0.34	0.28	-0.29	0.28	0.24	0.27	0.02	0.27	0.39		0.21	0.08	0.31	0.11	0.33	0.22	0.14	0.08	0.31	0.24	0.18
Long Term Debt	0.78	0.78	0.55	0.77	0.7	0.85	0.96	0.83	0.93	0.54	0.81	0.4	0.97	0.82	0.21		0.44	0.79	0.45	0.9	0.95	0.89	0.7	0.81	0.75	0.66
Cash And Short Term Investments	0.8	0.75	0.51	0.8	0.89	0.15	0.42	0.47	0.32	0.92	0.71	1.0	0.53	0.52	0.08	0.44		0.71	0.16	0.41	0.55	0.52	0.85	0.73	0.85	0.89
Net Receivables	0.92	0.88	0.68	0.91	0.89	0.54	0.76	0.65	0.66	0.78	0.95	0.67	0.81	0.75	0.31	0.79	0.71		0.38	0.7	0.79	0.73	0.87	0.92	0.92	0.82
Common Stock Shares Outstanding	0.41	0.41	0.13	0.41	0.35	0.26	0.33	0.57	0.45	0.32	0.38	0.14	0.44	0.5	0.11	0.45	0.16	0.38		0.39	0.45	0.4	0.27	0.43	0.39	0.35
Non Current Liabilities Total	0.73	0.79	0.63	0.69	0.61	0.89	0.95	0.67	0.96	0.44	0.72	0.36	0.94	0.91	0.33	0.9	0.41	0.7	0.39		0.92	0.86	0.58	0.78	0.69	0.59
Inventory	0.85	0.86	0.62	0.84	0.79	0.87	0.97	0.82	0.95	0.63	0.87	0.52	0.99	0.8	0.22	0.95	0.55	0.79	0.45	0.92		0.93	0.77	0.87	0.83	0.76
Other Current Assets	0.78	0.78	0.52	0.76	0.74	0.82	0.91	0.79	0.86	0.57	0.79	0.51	0.92	0.73	0.14	0.89	0.52	0.73	0.4	0.86	0.93		0.75	0.79	0.76	0.68
Other Stockholder Equity	0.94	0.87	0.55	0.93	0.97	0.46	0.68	0.69	0.55	0.86	0.92	0.85	0.75	0.57	0.08	0.7	0.85	0.87	0.27	0.58	0.77	0.75		0.89	0.95	0.92
Total Liab	0.99	0.99	0.73	0.98	0.94	0.6	0.81	0.68	0.77	0.82	0.97	0.7	0.88	0.8	0.31	0.81	0.73	0.92	0.43	0.78	0.87	0.79	0.89		0.98	0.92
Total Current Assets	1.0	0.97	0.7	0.99	0.99	0.5	0.74	0.68	0.67	0.91	0.97	0.83	0.82	0.73	0.24	0.75	0.85	0.92	0.39	0.69	0.83	0.76	0.95	0.98		0.97
Short Term Debt	0.96	0.93	0.65	0.97	0.98	0.39	0.64	0.63	0.59	0.95	0.91	0.88	0.75	0.65	0.18	0.66	0.89	0.82	0.35	0.59	0.76	0.68	0.92	0.92	0.97

Click cells to compare fundamentals

Shenzhen Zhongzhuang Account Relationship Matchups

High Positive Relationship

Total Current Liabilities	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Total Current Liabilities

High Negative Relationship

Other Assets

- 0.29

Current Deferred Revenue

Shenzhen Zhongzhuang fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1B	7.3B	9.2B	9.6B	8.1B	5.1B
Short Long Term Debt Total	1.3B	1.5B	2.8B	2.9B	2.6B	1.3B
Other Current Liab	239.1M	105.9M	230.2M	884.5M	159.7M	161.3M
Total Current Liabilities	3.0B	3.8B	4.2B	4.4B	3.8B	2.5B
Total Stockholder Equity	2.9B	3.3B	3.7B	3.6B	2.8B	2.2B
Other Liab	16.5M	18.8M	11.6M	242.1M	278.4M	292.3M
Property Plant And Equipment Net	257.3M	393.7M	550.7M	912.5M	950.6M	998.2M
Current Deferred Revenue	391.5M	784.8M	783.3M	142.1M	907.3M	952.7M
Net Debt	(23.7M)	250.6M	1.0B	1.6B	1.9B	2.0B
Retained Earnings	1.0B	1.2B	1.3B	1.3B	472.4M	732.5M
Accounts Payable	1.2B	1.4B	1.4B	1.6B	1.5B	986.4M
Cash	1.4B	1.3B	1.8B	1.3B	641.4M	1.0B
Non Current Assets Total	667.8M	957.1M	1.3B	1.7B	1.8B	1.8B
Non Currrent Assets Other	23.3M	75.0M	490.4M	394.2M	275.0M	288.7M
Long Term Debt	99.5M	133.5M	940.6M	1.2B	1.3B	1.4B
Cash And Short Term Investments	1.4B	1.3B	2.0B	1.5B	648.7M	1.1B
Net Receivables	3.8B	4.7B	5.4B	5.9B	4.9B	2.9B
Common Stock Shares Outstanding	603.9M	698.3M	709.2M	562.5M	716.4M	630.0M
Liabilities And Stockholders Equity	6.1B	7.3B	9.2B	9.6B	8.1B	5.1B
Non Current Liabilities Total	149.9M	18.8M	1.2B	1.4B	1.5B	1.5B
Inventory	239.3M	288.8M	371.7M	472.0M	526.2M	552.5M
Other Current Assets	9.9M	16.0M	31.2M	41.5M	60.5M	63.6M
Other Stockholder Equity	1.1B	1.3B	1.3B	1.2B	1.3B	875.1M
Total Liab	3.2B	3.8B	5.4B	5.9B	5.3B	2.9B
Total Current Assets	5.4B	6.3B	7.8B	7.9B	6.4B	4.4B
Short Term Debt	1.2B	1.5B	1.8B	1.8B	1.2B	999.5M
Intangible Assets	299.9M	339.3M	312.4M	283.9M	254.2M	172.6M
Common Stock	683.3M	721.4M	720.5M	713.6M	713.6M	510.4M
Property Plant Equipment	257.3M	393.7M	550.7M	912.5M	1.0B	1.1B
Good Will	3.8M	85.0M	93.2M	185.5M	176.4M	185.2M
Net Tangible Assets	2.6B	2.9B	3.3B	3.2B	3.6B	2.6B
Deferred Long Term Liab	1.3M	1.3M	797.8K	1.3M	1.2M	1.4M
Short Long Term Debt	1.2B	1.4B	1.8B	1.7B	1.0B	1.4B
Non Current Liabilities Other	12.5M	12.9M	7.5M	33.0M	71.2M	74.7M
Short Term Investments	(1.3M)	29.7M	210.7M	157.2M	7.3M	7.0M
Net Invested Capital	4.2B	4.8B	6.4B	6.5B	5.2B	5.3B
Net Working Capital	2.4B	2.5B	3.6B	3.5B	2.6B	2.8B
Capital Stock	683.3M	721.4M	720.5M	713.6M	713.6M	761.3M

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Other Information on Investing in Shenzhen Stock

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

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