Guangdong Income Before Tax vs Cost Of Revenue Analysis

200539 Stock   1.99  0.01  0.51%   
Guangdong Electric financial indicator trend analysis is much more than just examining Guangdong Electric Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Electric Power is a good investment. Please check the relationship between Guangdong Electric Income Before Tax and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Electric Power. 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 Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Electric Power Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangdong Electric's Income Before Tax and Cost Of Revenue is -0.46. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Guangdong Electric Power, assuming nothing else is changed. The correlation between historical values of Guangdong Electric's Income Before Tax and Cost Of Revenue 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 Guangdong Electric Power are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Guangdong Electric's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

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

Cost Of Revenue

Cost of Revenue is found on Guangdong Electric Power income statement and represents the costs associated with goods and services Guangdong Electric provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Guangdong Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Electric Power 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 Guangdong Electric Power. 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 1.6 B. The current year's Tax Provision is expected to grow to about 746.4 M
 2022 2024 2025 (projected)
EBITDA2.9B2.6B4.2B
Interest Income132.6M142.9M100.5M

Guangdong Electric fundamental ratios Correlations

0.240.980.39-0.310.550.980.940.990.980.270.9-0.250.990.910.520.930.230.240.080.67-0.160.750.820.830.53
0.240.330.420.240.690.090.420.130.320.310.530.050.20.280.450.490.280.8-0.010.510.150.290.390.270.27
0.980.330.33-0.370.650.940.940.950.990.290.94-0.210.980.850.470.930.380.30.080.7-0.110.750.820.840.49
0.390.420.330.670.40.270.390.280.320.740.39-0.020.280.450.940.630.00.150.240.46-0.140.440.430.290.58
-0.310.24-0.370.67-0.15-0.41-0.24-0.41-0.370.35-0.280.15-0.42-0.130.45-0.02-0.37-0.010.32-0.06-0.13-0.15-0.23-0.410.26
0.550.690.650.4-0.150.440.650.480.610.60.8-0.060.550.440.540.660.610.67-0.240.660.260.530.670.650.33
0.980.090.940.27-0.410.440.910.990.960.130.82-0.320.990.910.410.840.130.150.070.62-0.170.730.810.840.5
0.940.420.940.39-0.240.650.910.920.950.250.92-0.320.940.920.490.90.190.420.060.79-0.10.780.830.840.48
0.990.130.950.28-0.410.480.990.920.960.180.86-0.270.990.910.430.860.150.210.00.6-0.130.710.810.830.48
0.980.320.990.32-0.370.610.960.950.960.220.91-0.230.980.880.460.910.320.290.10.73-0.130.780.830.860.5
0.270.310.290.740.350.60.130.250.180.220.430.120.210.140.70.480.410.15-0.060.250.090.260.280.250.25
0.90.530.940.39-0.280.80.820.920.860.910.43-0.210.890.790.520.910.40.54-0.080.69-0.060.680.80.760.47
-0.250.05-0.21-0.020.15-0.06-0.32-0.32-0.27-0.230.12-0.21-0.25-0.43-0.02-0.140.19-0.07-0.22-0.460.39-0.41-0.37-0.26-0.34
0.990.20.980.28-0.420.550.990.940.990.980.210.89-0.250.890.430.890.250.240.030.65-0.120.730.820.850.47
0.910.280.850.45-0.130.440.910.920.910.880.140.79-0.430.890.570.85-0.110.340.110.72-0.170.760.870.80.67
0.520.450.470.940.450.540.410.490.430.460.70.52-0.020.430.570.710.050.290.040.52-0.030.540.620.480.64
0.930.490.930.63-0.020.660.840.90.860.910.480.91-0.140.890.850.710.270.350.170.69-0.130.70.780.730.59
0.230.280.380.0-0.370.610.130.190.150.320.410.40.190.25-0.110.050.270.050.030.290.030.240.130.27-0.14
0.240.80.30.15-0.010.670.150.420.210.290.150.54-0.070.240.340.290.350.05-0.450.370.330.190.480.340.25
0.08-0.010.080.240.32-0.240.070.060.00.1-0.06-0.08-0.220.030.110.040.170.03-0.450.26-0.430.25-0.1-0.080.16
0.670.510.70.46-0.060.660.620.790.60.730.250.69-0.460.650.720.520.690.290.370.26-0.170.870.780.80.49
-0.160.15-0.11-0.14-0.130.26-0.17-0.1-0.13-0.130.09-0.060.39-0.12-0.17-0.03-0.130.030.33-0.43-0.17-0.38-0.010.12-0.3
0.750.290.750.44-0.150.530.730.780.710.780.260.68-0.410.730.760.540.70.240.190.250.87-0.380.810.820.56
0.820.390.820.43-0.230.670.810.830.810.830.280.8-0.370.820.870.620.780.130.48-0.10.78-0.010.810.910.74
0.830.270.840.29-0.410.650.840.840.830.860.250.76-0.260.850.80.480.730.270.34-0.080.80.120.820.910.44
0.530.270.490.580.260.330.50.480.480.50.250.47-0.340.470.670.640.59-0.140.250.160.49-0.30.560.740.44
Click cells to compare fundamentals

Guangdong Electric Account Relationship Matchups

Guangdong Electric fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets86.0B114.3B131.5B161.2B185.4B194.7B
Other Current Liab8.0B11.3B10.3B2.8B3.2B3.7B
Total Current Liabilities27.9B37.8B42.0B46.8B53.9B56.6B
Total Stockholder Equity27.4B23.2B20.2B22.1B25.5B16.9B
Retained Earnings16.6B11.9B200.7M1.3B1.5B1.4B
Accounts Payable4.1B7.3B7.4B5.2B6.0B3.1B
Cash5.8B8.1B11.5B16.4B18.9B19.8B
Other Assets2.5B3.3B3.9B6.4B7.3B7.7B
Long Term Debt20.5B37.6B52.0B67.9B78.1B82.0B
Net Receivables5.3B7.0B7.6B9.0B10.3B10.8B
Inventory1.7B3.0B3.4B2.7B3.1B3.2B
Other Current Assets1.5B2.3B875.6M1.5B1.7B1.4B
Total Liab50.2B81.5B102.8B127.3B146.4B153.7B
Intangible Assets2.1B2.7B3.3B3.5B4.0B4.2B
Property Plant Equipment48.9B49.4B63.7B70.7B81.3B85.4B
Other Liab703.4M1.2B1.4B1.4B1.6B978.2M
Net Tangible Assets22.4B24.3B29.2B20.2B23.3B25.4B
Other Stockholder Equity550.0M1.7B2.0B1.8B2.0B1.0B
Deferred Long Term Liab22.1M19.5M28.3M30.3M27.3M21.8M
Short Long Term Debt7.6B12.4B16.3B15.8B18.1B10.0B
Total Current Assets18.4B22.9B25.8B31.9B36.7B19.1B
Non Current Assets Total72.4B91.4B105.7B129.3B148.7B88.4B
Non Currrent Assets Other3.2B4.7B6.6B8.8B10.1B10.7B
Non Current Liabilities Total24.9B43.8B60.8B80.5B92.5B97.1B
Non Current Liabilities Other201.0M197.2M795.7M907.2M1.0B1.1B
Net Debt22.3B41.9B56.7B67.3B77.3B39.8B
Net Invested Capital55.5B73.2B88.5B105.8B121.7B75.1B
Net Working Capital(11.8B)(14.9B)(16.2B)(14.9B)(13.4B)(14.1B)
Property Plant And Equipment Net56.3B70.8B81.5B102.5B117.9B79.3B
Property Plant And Equipment Gross98.3B135.8B81.5B102.5B117.9B111.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Guangdong Stock

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