Zhongfu Income Tax Expense vs Total Revenue Analysis

300659 Stock   15.14  0.30  1.94%   
Zhongfu Information financial indicator trend analysis is more than just analyzing Zhongfu Information current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongfu Information is a good investment. Please check the relationship between Zhongfu Information Income Tax Expense and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongfu Information. 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 Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongfu Information Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zhongfu Information's Income Tax Expense and Total Revenue is 0.29. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Zhongfu Information, assuming nothing else is changed. The correlation between historical values of Zhongfu Information's Income Tax Expense and Total 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 Tax Expense of Zhongfu Information are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., Zhongfu Information's Income Tax Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Tax Expense

Total Revenue

Total revenue comprises all receipts Zhongfu Information generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Zhongfu Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongfu Information 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 Zhongfu Information. 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 Tax Provision is expected to grow to about (518.1 K). In addition to that, Selling General Administrative is expected to decline to about 209.1 M
 2022 2023 2024 2025 (projected)
Gross Profit393.7M502.1M577.4M462.3M
Total Revenue644.2M918.6M1.1B726.2M

Zhongfu Information fundamental ratios Correlations

0.370.860.98-0.720.950.10.990.910.830.980.830.990.640.960.570.860.940.790.95-0.310.680.980.810.760.99
0.37-0.050.52-0.50.20.840.330.69-0.160.26-0.150.38-0.260.210.56-0.070.20.450.590.26-0.30.33-0.19-0.050.34
0.86-0.050.78-0.630.97-0.370.870.670.960.870.960.840.640.880.251.00.950.670.75-0.660.950.860.950.90.86
0.980.520.78-0.740.910.270.950.970.740.930.750.970.560.910.660.780.910.790.99-0.270.570.940.720.680.97
-0.72-0.5-0.63-0.74-0.72-0.14-0.71-0.82-0.51-0.61-0.5-0.74-0.11-0.71-0.39-0.62-0.64-0.9-0.780.32-0.47-0.79-0.5-0.52-0.65
0.950.20.970.91-0.72-0.120.950.840.920.930.920.940.610.930.430.960.990.750.89-0.560.840.930.90.860.95
0.10.84-0.370.27-0.14-0.120.050.41-0.36-0.02-0.340.14-0.18-0.050.64-0.37-0.110.10.30.49-0.60.02-0.37-0.350.11
0.990.330.870.95-0.710.950.050.870.840.970.840.990.610.920.570.870.940.790.92-0.330.730.980.820.80.97
0.910.690.670.97-0.820.840.410.870.590.820.60.910.350.820.650.670.820.810.98-0.240.430.870.570.580.89
0.83-0.160.960.74-0.510.92-0.360.840.590.831.00.830.790.840.380.970.90.580.66-0.620.930.811.00.850.83
0.980.260.870.93-0.610.93-0.020.970.820.830.840.950.680.950.460.870.940.70.9-0.280.720.970.810.790.98
0.83-0.150.960.75-0.50.92-0.340.840.61.00.840.830.80.850.380.970.910.580.67-0.610.920.811.00.850.84
0.990.380.840.97-0.740.940.140.990.910.830.950.830.640.930.660.840.920.790.94-0.310.670.960.810.750.97
0.64-0.260.640.56-0.110.61-0.180.610.350.790.680.80.640.70.420.670.630.290.43-0.180.570.580.790.520.68
0.960.210.880.91-0.710.93-0.050.920.820.840.950.850.930.70.40.890.910.770.88-0.30.70.960.830.740.95
0.570.560.250.66-0.390.430.640.570.650.380.460.380.660.420.40.260.410.420.580.030.10.480.370.220.56
0.86-0.071.00.78-0.620.96-0.370.870.670.970.870.970.840.670.890.260.950.660.74-0.650.950.860.960.890.86
0.940.20.950.91-0.640.99-0.110.940.820.90.940.910.920.630.910.410.950.670.89-0.540.830.910.880.860.96
0.790.450.670.79-0.90.750.10.790.810.580.70.580.790.290.770.420.660.670.8-0.220.50.840.570.550.7
0.950.590.750.99-0.780.890.30.920.980.660.90.670.940.430.880.580.740.890.8-0.260.520.920.640.660.94
-0.310.26-0.66-0.270.32-0.560.49-0.33-0.24-0.62-0.28-0.61-0.31-0.18-0.30.03-0.65-0.54-0.22-0.26-0.75-0.29-0.64-0.74-0.33
0.68-0.30.950.57-0.470.84-0.60.730.430.930.720.920.670.570.70.10.950.830.50.52-0.750.70.930.880.68
0.980.330.860.94-0.790.930.020.980.870.810.970.810.960.580.960.480.860.910.840.92-0.290.70.790.780.95
0.81-0.190.950.72-0.50.9-0.370.820.571.00.811.00.810.790.830.370.960.880.570.64-0.640.930.790.850.81
0.76-0.050.90.68-0.520.86-0.350.80.580.850.790.850.750.520.740.220.890.860.550.66-0.740.880.780.850.77
0.990.340.860.97-0.650.950.110.970.890.830.980.840.970.680.950.560.860.960.70.94-0.330.680.950.810.77
Click cells to compare fundamentals

Zhongfu Information Account Relationship Matchups

Zhongfu Information fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B2.2B1.9B1.7B1.9B1.3B
Other Current Liab103.1M62.8M961.7K269.4K242.4K230.3K
Total Current Liabilities383.1M440.9M623.4M669.4M769.8M808.3M
Total Stockholder Equity1.5B1.7B1.2B982.6M1.1B959.0M
Other Liab6.9M5.5M7.0M11.0M9.9M9.0M
Net Tangible Assets448.7M571.9M1.5B1.6B1.9B1.9B
Retained Earnings441.2M501.4M(9.7M)(195.7M)(176.1M)(167.3M)
Accounts Payable179.7M217.3M150.6M189.7M218.1M131.3M
Cash774.9M682.9M456.5M367.9M423.0M456.1M
Non Current Assets Total145.2M723.8M722.1M737.4M848.0M890.4M
Other Assets19.7M9.2M84.9M454.9M523.1M549.3M
Net Receivables428.3M598.9M403.5M417.5M480.2M332.9M
Non Current Liabilities Total7.0M58.7M64.3M37.6M43.2M29.8M
Inventory90.8M96.2M140.7M93.5M107.6M73.7M
Other Current Assets16.6M73.4M2.8M7.4M8.5M8.1M
Total Liab390.1M499.6M687.8M707.0M813.0M853.7M
Deferred Long Term Liab3.9M3.2M46.0M42.7M49.1M51.6M
Total Current Assets1.8B1.5B1.2B952.1M1.1B988.4M
Intangible Assets20.6M72.6M120.8M226.3M260.2M273.2M
Common Stock132.8M132.8M226.7M226.5M260.5M158.2M
Property Plant Equipment40.4M47.8M46.3M147.7M169.9M178.4M
Common Stock Shares Outstanding226.7M226.6M226.4M225.5M259.4M242.3M
Net Invested Capital1.5B1.7B1.5B1.3B1.5B1.2B
Net Working Capital1.4B1.0B527.8M282.7M325.1M308.9M
Capital Stock226.7M226.5M226.4M225.5M259.4M214.6M
Property Plant And Equipment Net46.3M147.7M120.7M66.8M76.8M94.4M
Property Plant And Equipment Gross86.6M206.7M207.8M66.8M76.8M143.3M

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 Zhongfu Stock

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