Fujian Income Before Tax vs Other Operating Expenses Analysis

300132 Stock   4.67  0.18  3.71%   
Fujian Green financial indicator trend analysis is much more than just examining Fujian Green Pine latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Green Pine is a good investment. Please check the relationship between Fujian Green Income Before Tax and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Green Pine. 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 Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Green Pine Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fujian Green's Income Before Tax and Other Operating Expenses is -0.04. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Fujian Green Pine, assuming nothing else is changed. The correlation between historical values of Fujian Green's Income Before Tax and Other 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 Fujian Green Pine are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Fujian Green's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fujian Green Pine. It is also known as Fujian Green overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Fujian Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Green Pine 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 Fujian Green Pine. 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 66.7 M, whereas Tax Provision is projected to grow to (16 M).
 2022 2023 2024 2025 (projected)
Gross Profit165.2M237.3M272.9M465.3M
Research Development121.8M69.4M79.8M75.5M

Fujian Green fundamental ratios Correlations

0.760.890.960.440.950.750.730.970.850.650.920.680.720.920.770.540.270.930.710.790.960.950.460.910.1
0.760.720.730.630.730.360.310.730.740.660.70.320.490.560.380.620.350.660.570.40.740.690.490.610.34
0.890.720.730.210.950.680.780.860.80.640.990.720.60.90.720.39-0.040.780.780.80.910.780.540.89-0.13
0.960.730.730.590.830.660.60.920.820.630.780.550.70.820.680.570.440.920.630.670.870.950.420.80.23
0.440.630.210.590.2-0.18-0.220.370.60.710.18-0.280.140.22-0.150.380.490.320.45-0.120.260.480.550.070.45
0.950.730.950.830.20.80.830.940.760.550.980.790.730.930.830.520.120.890.710.870.960.850.440.96-0.04
0.750.360.680.66-0.180.80.930.760.470.120.760.930.670.740.980.390.130.860.340.940.850.72-0.020.89-0.04
0.730.310.780.6-0.220.830.930.730.480.210.820.930.610.810.960.3-0.010.80.540.990.830.710.20.89-0.28
0.970.730.860.920.370.940.760.730.790.580.920.730.780.910.780.520.310.910.670.80.950.910.410.920.09
0.850.740.80.820.60.760.470.480.790.850.780.420.50.780.470.560.250.750.770.530.80.790.640.690.29
0.650.660.640.630.710.550.120.210.580.850.590.070.170.570.180.410.130.480.790.250.560.620.790.450.22
0.920.70.990.780.180.980.760.820.920.780.590.770.660.930.790.420.010.830.740.850.940.820.470.95-0.1
0.680.320.720.55-0.280.790.930.930.730.420.070.770.710.750.940.330.030.760.420.940.80.640.070.88-0.19
0.720.490.60.70.140.730.670.610.780.50.170.660.710.790.630.640.50.740.420.660.690.60.210.70.17
0.920.560.90.820.220.930.740.810.910.780.570.930.750.790.760.490.140.840.760.830.870.810.50.89-0.08
0.770.380.720.68-0.150.830.980.960.780.470.180.790.940.630.760.350.080.860.440.970.870.780.090.92-0.15
0.540.620.390.570.380.520.390.30.520.560.410.420.330.640.490.350.70.60.440.360.540.470.390.480.59
0.270.35-0.040.440.490.120.13-0.010.310.250.130.010.030.50.140.080.70.360.140.060.210.310.170.110.57
0.930.660.780.920.320.890.860.80.910.750.480.830.760.740.840.860.60.360.620.860.950.910.320.890.16
0.710.570.780.630.450.710.340.540.670.770.790.740.420.420.760.440.440.140.620.590.670.690.870.62-0.14
0.790.40.80.67-0.120.870.940.990.80.530.250.850.940.660.830.970.360.060.860.590.880.780.240.93-0.24
0.960.740.910.870.260.960.850.830.950.80.560.940.80.690.870.870.540.210.950.670.880.910.380.960.08
0.950.690.780.950.480.850.720.710.910.790.620.820.640.60.810.780.470.310.910.690.780.910.450.860.06
0.460.490.540.420.550.44-0.020.20.410.640.790.470.070.210.50.090.390.170.320.870.240.380.450.310.06
0.910.610.890.80.070.960.890.890.920.690.450.950.880.70.890.920.480.110.890.620.930.960.860.31-0.05
0.10.34-0.130.230.45-0.04-0.04-0.280.090.290.22-0.1-0.190.17-0.08-0.150.590.570.16-0.14-0.240.080.060.06-0.05
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Fujian Green Account Relationship Matchups

Fujian Green fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.6B4.6B3.2B2.4B2.7B1.9B
Other Current Liab134.8M126.4M150.5M3.4M3.9M3.7M
Total Current Liabilities1.0B1.6B1.2B596.4M685.9M531.6M
Total Stockholder Equity3.1B2.1B1.4B1.3B1.5B1.1B
Retained Earnings1.4B441.0M(301.4M)(494.5M)(568.7M)(540.2M)
Accounts Payable404.9M558.7M451.0M278.8M320.7M168.7M
Cash514.6M573.9M715.2M685.6M788.4M827.8M
Other Assets130.9M223.8M310.3M250.2M287.8M302.1M
Net Receivables671.5M772.0M522.4M423.6M487.1M288.7M
Inventory747.5M1.1B421.7M265.2M305.0M406.9M
Other Current Assets77.0M123.6M17.8M1.8M2.1M2.0M
Total Liab1.5B2.5B1.8B1.1B1.2B758.4M
Intangible Assets111.8M220.5M205.2M195.5M224.9M236.1M
Property Plant Equipment658.6M763.3M968.3M613.7M705.8M428.5M
Other Liab36.5M35.0M38.9M38.3M44.1M46.3M
Long Term Debt444.6M632.1M453.5M307.7M353.9M283.9M
Net Tangible Assets1.5B1.7B1.5B1.2B1.4B1.2B
Other Stockholder Equity2.3M9.8M15.5M1.8M2.0M1.9M
Deferred Long Term Liab104.7M170.9M223.3M166.8M191.9M201.5M
Total Current Assets2.2B2.6B2.1B1.4B1.6B1.6B
Non Current Assets Total2.5B2.0B1.1B951.4M1.1B1.4B
Non Currrent Assets Other38.1M57.0M6.7M6.5M5.8M5.5M
Non Current Liabilities Total479.5M822.1M617.6M461.2M530.4M423.3M
Net Invested Capital3.8B3.2B2.1B1.7B1.9B2.6B
Short Long Term Debt173.0M436.5M234.7M35.0M40.3M38.2M
Net Working Capital1.1B995.7M918.8M823.3M946.8M1.0B
Property Plant And Equipment Net763.3M968.3M613.7M510.4M459.3M562.3M
Property Plant And Equipment Gross1.1B1.4B613.7M923.7M831.3M815.5M

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Other Information on Investing in Fujian Stock

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