Sinosun Income Before Tax vs Operating Income Analysis

300333 Stock

14.98 2.33 13.46%

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

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinosun Tech Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sinosun Tech's Income Before Tax and Operating Income is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Sinosun Tech, assuming nothing else is changed. The correlation between historical values of Sinosun Tech's Income Before Tax and Operating Income 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 Sinosun Tech are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Sinosun Tech's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

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

Operating Income

Operating Income is the amount of profit realized from Sinosun Tech operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sinosun Tech is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Sinosun Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinosun Tech 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 Sinosun Tech. 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 5.5 M. The current year's Tax Provision is expected to grow to about 13.2 M

	2022	2023	2024	2025 (projected)
Gross Profit	71.7M	81.2M	73.1M	96.4M
Total Revenue	142.4M	144.5M	166.2M	203.3M

Gross Profit Total Revenue

Sinosun Tech fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab
Total Assets		0.52	0.66	1.0	0.69	-0.51	0.17	0.11	0.5	0.51	0.38	0.38	0.56	0.42	-0.04	0.78	0.65	0.18	0.82	0.66	0.73	0.56	0.57	0.69	-0.16	-0.22
Other Current Liab	0.52		0.83	0.49	0.43	-0.45	0.72	0.28	0.46	0.18	0.2	0.69	0.44	0.12	0.5	0.11	0.49	0.29	0.18	0.83	0.45	0.81	0.31	0.41	0.36	0.11
Total Current Liabilities	0.66	0.83		0.62	0.57	-0.26	0.32	0.4	0.25	0.4	0.22	0.62	0.26	0.23	0.02	0.43	0.69	0.32	0.3	1.0	0.43	0.72	0.51	0.56	-0.1	-0.25
Total Stockholder Equity	1.0	0.49	0.62		0.69	-0.52	0.16	0.09	0.51	0.51	0.38	0.36	0.57	0.42	-0.04	0.79	0.63	0.17	0.84	0.62	0.74	0.54	0.56	0.68	-0.16	-0.21
Property Plant And Equipment Net	0.69	0.43	0.57	0.69		-0.04	0.01	-0.18	0.03	0.75	0.48	0.29	0.07	0.25	-0.06	0.76	0.51	0.26	0.32	0.57	0.2	0.57	0.83	1.0	-0.29	-0.33
Net Debt	-0.51	-0.45	-0.26	-0.52	-0.04		-0.65	-0.44	-1.0	0.39	0.38	-0.12	-0.99	0.11	-0.4	-0.04	0.01	0.19	-0.68	-0.25	-0.89	-0.23	0.32	-0.02	-0.64	-0.6
Retained Earnings	0.17	0.72	0.32	0.16	0.01	-0.65		0.26	0.66	-0.39	-0.13	0.49	0.6	-0.23	0.63	-0.34	0.05	0.17	0.04	0.32	0.51	0.59	-0.24	-0.02	0.85	0.69
Accounts Payable	0.11	0.28	0.4	0.09	-0.18	-0.44	0.26		0.44	-0.33	-0.55	0.17	0.39	-0.1	0.12	-0.07	-0.01	0.0	0.25	0.4	0.39	0.14	-0.34	-0.19	0.26	0.25
Cash	0.5	0.46	0.25	0.51	0.03	-1.0	0.66	0.44		-0.39	-0.37	0.12	0.99	-0.11	0.42	0.03	-0.01	-0.19	0.68	0.25	0.89	0.23	-0.32	0.02	0.65	0.61
Non Current Assets Total	0.51	0.18	0.4	0.51	0.75	0.39	-0.39	-0.33	-0.39		0.71	0.21	-0.33	0.59	-0.16	0.77	0.67	0.21	0.15	0.41	-0.21	0.4	0.95	0.76	-0.7	-0.78
Non Currrent Assets Other	0.38	0.2	0.22	0.38	0.48	0.38	-0.13	-0.55	-0.37	0.71		0.41	-0.29	0.41	-0.07	0.46	0.5	0.42	0.05	0.22	-0.13	0.37	0.69	0.48	-0.41	-0.55
Other Assets	0.38	0.69	0.62	0.36	0.29	-0.12	0.49	0.17	0.12	0.21	0.41		0.1	0.05	0.28	0.15	0.34	0.76	0.09	0.62	0.27	0.69	0.32	0.28	0.18	0.0
Cash And Short Term Investments	0.56	0.44	0.26	0.57	0.07	-0.99	0.6	0.39	0.99	-0.33	-0.29	0.1		-0.03	0.39	0.1	0.03	-0.24	0.74	0.25	0.9	0.2	-0.27	0.05	0.59	0.52
Net Receivables	0.42	0.12	0.23	0.42	0.25	0.11	-0.23	-0.1	-0.11	0.59	0.41	0.05	-0.03		-0.08	0.5	0.62	-0.16	0.29	0.24	0.01	0.2	0.45	0.26	-0.5	-0.71
Good Will	-0.04	0.5	0.02	-0.04	-0.06	-0.4	0.63	0.12	0.42	-0.16	-0.07	0.28	0.39	-0.08		-0.37	-0.11	0.02	-0.04	0.02	0.09	0.33	-0.14	-0.06	0.7	0.43
Common Stock Shares Outstanding	0.78	0.11	0.43	0.79	0.76	-0.04	-0.34	-0.07	0.03	0.77	0.46	0.15	0.1	0.5	-0.37		0.58	0.13	0.64	0.43	0.28	0.27	0.72	0.77	-0.6	-0.55
Inventory	0.65	0.49	0.69	0.63	0.51	0.01	0.05	-0.01	-0.01	0.67	0.5	0.34	0.03	0.62	-0.11	0.58		0.18	0.29	0.69	0.21	0.67	0.68	0.51	-0.42	-0.52
Other Current Assets	0.18	0.29	0.32	0.17	0.26	0.19	0.17	0.0	-0.19	0.21	0.42	0.76	-0.24	-0.16	0.02	0.13	0.18		-0.06	0.32	0.04	0.51	0.35	0.25	-0.04	-0.01
Other Stockholder Equity	0.82	0.18	0.3	0.84	0.32	-0.68	0.04	0.25	0.68	0.15	0.05	0.09	0.74	0.29	-0.04	0.64	0.29	-0.06		0.3	0.82	0.1	0.12	0.32	-0.04	-0.01
Total Liab	0.66	0.83	1.0	0.62	0.57	-0.25	0.32	0.4	0.25	0.41	0.22	0.62	0.25	0.24	0.02	0.43	0.69	0.32	0.3		0.43	0.72	0.51	0.56	-0.1	-0.25
Total Current Assets	0.73	0.45	0.43	0.74	0.2	-0.89	0.51	0.39	0.89	-0.21	-0.13	0.27	0.9	0.01	0.09	0.28	0.21	0.04	0.82	0.43		0.32	-0.11	0.18	0.37	0.37
Intangible Assets	0.56	0.81	0.72	0.54	0.57	-0.23	0.59	0.14	0.23	0.4	0.37	0.69	0.2	0.2	0.33	0.27	0.67	0.51	0.1	0.72	0.32		0.54	0.55	0.16	0.02
Common Stock	0.57	0.31	0.51	0.56	0.83	0.32	-0.24	-0.34	-0.32	0.95	0.69	0.32	-0.27	0.45	-0.14	0.72	0.68	0.35	0.12	0.51	-0.11	0.54		0.84	-0.6	-0.66
Property Plant Equipment	0.69	0.41	0.56	0.68	1.0	-0.02	-0.02	-0.19	0.02	0.76	0.48	0.28	0.05	0.26	-0.06	0.77	0.51	0.25	0.32	0.56	0.18	0.55	0.84		-0.31	-0.34
Net Tangible Assets	-0.16	0.36	-0.1	-0.16	-0.29	-0.64	0.85	0.26	0.65	-0.7	-0.41	0.18	0.59	-0.5	0.7	-0.6	-0.42	-0.04	-0.04	-0.1	0.37	0.16	-0.6	-0.31		0.89
Deferred Long Term Liab	-0.22	0.11	-0.25	-0.21	-0.33	-0.6	0.69	0.25	0.61	-0.78	-0.55	0.0	0.52	-0.71	0.43	-0.55	-0.52	-0.01	-0.01	-0.25	0.37	0.02	-0.66	-0.34	0.89

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Sinosun Tech Account Relationship Matchups

Sinosun Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	871.6M	883.7M	728.3M	662.5M	761.9M	781.7M
Other Current Liab	53.7M	43.2M	17.9M	312.5K	359.3K	341.4K
Total Current Liabilities	63.7M	44.5M	21.3M	22.5M	25.9M	36.1M
Total Stockholder Equity	804.2M	830.7M	703.1M	634.5M	729.7M	739.3M
Property Plant And Equipment Net	103.6M	100.5M	98.2M	93.3M	107.3M	86.4M
Net Debt	(400.4M)	(256.0M)	(126.3M)	(60.6M)	(69.7M)	(73.2M)
Retained Earnings	45.5M	72.1M	(55.6M)	(124.1M)	(111.7M)	(106.1M)
Accounts Payable	10.0M	1.2M	260.9K	2.8M	2.5M	3.8M
Cash	400.4M	256.0M	127.5M	61.0M	54.9M	52.1M
Non Current Assets Total	367.4M	415.2M	427.2M	428.7M	493.0M	259.7M
Non Currrent Assets Other	1.0M	178.4M	147.5M	64.4M	74.1M	69.5M
Other Assets	115.8M	1.0	79.8M	78.7M	1.15	1.09
Cash And Short Term Investments	400.4M	366.1M	208.7M	134.9M	121.4M	115.4M
Net Receivables	31.2M	31.2M	30.0M	21.1M	24.3M	20.6M
Liabilities And Stockholders Equity	871.6M	883.7M	728.3M	662.5M	761.9M	781.7M
Inventory	55.3M	61.5M	39.2M	43.6M	50.1M	47.7M
Other Current Assets	17.4M	9.7M	23.2M	26.4M	30.4M	45.6M
Total Liab	63.7M	44.5M	21.7M	22.5M	25.9M	36.1M
Total Current Assets	504.2M	468.5M	301.1M	233.9M	268.9M	521.9M
Intangible Assets	69.0M	59.5M	8.5M	1.6M	1.8M	1.7M
Property Plant Equipment	107.5M	103.6M	100.5M	98.2M	112.9M	85.3M
Net Tangible Assets	767.7M	728.3M	764.4M	687.8M	619.0M	614.9M
Deferred Long Term Liab	33.5M	1.0M	1.0M	979.9K	881.9K	837.8K
Short Term Investments	10M	110.1M	81.2M	74.0M	66.6M	58.5M
Net Invested Capital	804.2M	830.7M	703.1M	634.5M	571.1M	628.4M
Net Working Capital	440.6M	424.1M	279.8M	211.3M	190.2M	328.7M
Current Deferred Revenue	1.4M	3.3M	2.3M	19.1M	22.0M	23.1M
Property Plant And Equipment Gross	134.0M	134.0M	98.2M	134.2M	120.8M	101.5M
Short Term Debt	(1.4M)	(3.3M)	883.0K	343.1K	394.6K	414.3K

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

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Sinosun Income Before Tax vs Operating Income Analysis

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Operating Income

Sinosun Tech fundamental ratios Correlations

Sinosun Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sinosun Tech fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.95	Non Current Assets Total
Total Current Assets	+ 0.9	Cash And Short Term Investments

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Total Current Assets	- 0.89	Net Debt
Deferred Long Term Liab	- 0.78	Non Current Assets Total
Deferred Long Term Liab	- 0.71	Net Receivables
Net Tangible Assets	- 0.7	Non Current Assets Total