Sichuan Income Tax Expense vs Ebit Analysis

002951 Stock   7.13  0.08  1.13%   
Sichuan Jinshi financial indicator trend analysis is much more than just breaking down Sichuan Jinshi Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Jinshi Technology is a good investment. Please check the relationship between Sichuan Jinshi Income Tax Expense and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Jinshi Technology. 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 Tax Expense vs Ebit

Income Tax Expense vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Jinshi Technology Income Tax Expense account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sichuan Jinshi's Income Tax Expense and Ebit is 0.98. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of Sichuan Jinshi Technology, assuming nothing else is changed. The correlation between historical values of Sichuan Jinshi's Income Tax Expense and Ebit 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 Tax Expense of Sichuan Jinshi Technology are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Tax Expense i.e., Sichuan Jinshi's Income Tax Expense and Ebit go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Ebit

Most indicators from Sichuan Jinshi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Jinshi Technology 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 Sichuan Jinshi Technology. 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.
The current year's Selling General Administrative is expected to grow to about 11.9 M, whereas Tax Provision is projected to grow to (6.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit129.1M43.9M9.7M9.2M
Total Revenue387.0M184.6M33.9M32.2M

Sichuan Jinshi fundamental ratios Correlations

-0.61-0.610.930.820.930.83-0.540.570.96-0.220.22-0.48-0.780.81-0.880.610.68-0.5-0.05-0.480.17-0.480.940.740.89
-0.610.99-0.86-0.41-0.85-0.560.47-0.78-0.63-0.050.440.350.95-0.470.79-0.4-0.170.99-0.390.350.050.35-0.74-0.98-0.46
-0.610.99-0.86-0.45-0.86-0.520.55-0.71-0.660.060.510.340.95-0.520.8-0.38-0.240.98-0.410.340.140.34-0.72-0.97-0.46
0.93-0.86-0.860.721.00.79-0.570.720.92-0.13-0.08-0.44-0.940.74-0.920.560.52-0.780.15-0.440.07-0.440.950.930.79
0.82-0.41-0.450.720.70.63-0.790.240.84-0.660.11-0.69-0.660.91-0.850.720.96-0.33-0.08-0.69-0.04-0.690.730.490.79
0.93-0.85-0.861.00.70.79-0.550.720.91-0.12-0.09-0.4-0.930.72-0.910.530.5-0.780.16-0.40.07-0.40.940.930.79
0.83-0.56-0.520.790.630.79-0.390.680.69-0.060.29-0.53-0.660.53-0.750.710.49-0.460.12-0.530.51-0.530.760.680.8
-0.540.470.55-0.57-0.79-0.55-0.39-0.2-0.580.780.420.710.62-0.840.78-0.73-0.780.46-0.230.710.140.71-0.4-0.49-0.47
0.57-0.78-0.710.720.240.720.68-0.20.420.42-0.13-0.36-0.710.25-0.590.420.02-0.740.3-0.360.55-0.360.640.810.29
0.96-0.63-0.660.920.840.910.69-0.580.42-0.350.11-0.38-0.80.85-0.880.50.7-0.54-0.05-0.38-0.13-0.380.930.730.9
-0.22-0.050.06-0.13-0.66-0.12-0.060.780.42-0.350.20.440.16-0.630.39-0.45-0.79-0.040.020.440.430.44-0.060.03-0.38
0.220.440.51-0.080.11-0.090.290.42-0.130.110.2-0.020.310.010.110.060.140.56-0.43-0.020.38-0.020.14-0.320.34
-0.480.350.34-0.44-0.69-0.4-0.530.71-0.36-0.380.44-0.020.52-0.710.7-0.95-0.640.3-0.031.0-0.321.0-0.36-0.38-0.44
-0.780.950.95-0.94-0.66-0.93-0.660.62-0.71-0.80.160.310.52-0.690.92-0.57-0.450.91-0.220.520.050.52-0.86-0.97-0.66
0.81-0.47-0.520.740.910.720.53-0.840.250.85-0.630.01-0.71-0.69-0.880.730.86-0.39-0.01-0.71-0.1-0.710.680.540.74
-0.880.790.8-0.92-0.85-0.91-0.750.78-0.59-0.880.390.110.70.92-0.88-0.76-0.70.72-0.220.7-0.030.7-0.84-0.84-0.78
0.61-0.4-0.380.560.720.530.71-0.730.420.5-0.450.06-0.95-0.570.73-0.760.67-0.320.01-0.950.4-0.950.450.470.61
0.68-0.17-0.240.520.960.50.49-0.780.020.7-0.790.14-0.64-0.450.86-0.70.67-0.11-0.12-0.64-0.08-0.640.540.260.69
-0.50.990.98-0.78-0.33-0.78-0.460.46-0.74-0.54-0.040.560.30.91-0.390.72-0.32-0.11-0.450.30.110.3-0.65-0.94-0.34
-0.05-0.39-0.410.15-0.080.160.12-0.230.3-0.050.02-0.43-0.03-0.22-0.01-0.220.01-0.12-0.45-0.03-0.01-0.03-0.030.31-0.19
-0.480.350.34-0.44-0.69-0.4-0.530.71-0.36-0.380.44-0.021.00.52-0.710.7-0.95-0.640.3-0.03-0.321.0-0.36-0.38-0.44
0.170.050.140.07-0.040.070.510.140.55-0.130.430.38-0.320.05-0.1-0.030.4-0.080.11-0.01-0.32-0.320.050.050.01
-0.480.350.34-0.44-0.69-0.4-0.530.71-0.36-0.380.44-0.021.00.52-0.710.7-0.95-0.640.3-0.031.0-0.32-0.36-0.38-0.44
0.94-0.74-0.720.950.730.940.76-0.40.640.93-0.060.14-0.36-0.860.68-0.840.450.54-0.65-0.03-0.360.05-0.360.820.82
0.74-0.98-0.970.930.490.930.68-0.490.810.730.03-0.32-0.38-0.970.54-0.840.470.26-0.940.31-0.380.05-0.380.820.58
0.89-0.46-0.460.790.790.790.8-0.470.290.9-0.380.34-0.44-0.660.74-0.780.610.69-0.34-0.19-0.440.01-0.440.820.58
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Sichuan Jinshi Account Relationship Matchups

Sichuan Jinshi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B1.8B2.0B2.3B1.7B
Other Current Liab11.6M17.2M8.4M9.7M8.8M8.3M
Total Current Liabilities194.6M267.3M129.8M76.2M135.4M172.6M
Total Stockholder Equity1.3B1.4B1.6B1.8B2.0B1.4B
Net Tangible Assets1.3B1.3B1.5B1.7B2.0B1.2B
Retained Earnings381.8M469.8M465.4M333.0M607.6M437.9M
Accounts Payable168.5M235.3M110.3M55.6M17.0M16.2M
Cash615.6M417.0M378.3M243.8M460.4M402.1M
Non Current Assets Total630.2M962.7M1.2B1.6B1.5B987.6M
Non Currrent Assets Other11.1M9.9M2.3M278.5K174.9K166.2K
Other Assets14.2M22.7M15.6M14.7M16.9M16.0M
Net Receivables134.7M104.8M36.4M20.3M74.2K70.5K
Non Current Liabilities Total3.9M6.4M40.6M148.9M133.5M140.1M
Inventory93.2M79.8M51.5M25.4M3.3M3.2M
Other Current Assets2.1M23.6M17.2M4.3M195.7M205.5M
Other Stockholder Equity9.7M19.8M(774.6K)200.5M230.6M242.1M
Total Liab198.5M273.8M170.4M225.1M268.8M207.2M
Deferred Long Term Liab4.8M1.3M127.0K834.9K751.4K982.7K
Total Current Assets892.1M722.0M604.1M394.5M862.2M727.0M
Intangible Assets59.7M73.2M84.1M81.2M77.6M64.1M
Property Plant Equipment366.2M554.3M536.2M551.6M634.4M504.8M
Net Invested Capital1.3B1.4B1.6B1.8B2.0B1.6B
Net Working Capital697.5M454.7M474.2M318.2M726.9M554.8M

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Other Information on Investing in Sichuan Stock

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