Jinsanjiang Research Development vs Income Before Tax Analysis

301059 Stock   11.50  0.13  1.12%   
Jinsanjiang Silicon financial indicator trend analysis is infinitely more than just investigating Jinsanjiang Silicon recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinsanjiang Silicon is a good investment. Please check the relationship between Jinsanjiang Silicon Research Development and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinsanjiang Silicon Material. 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.

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinsanjiang Silicon Research Development account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Jinsanjiang Silicon's Research Development and Income Before Tax is -0.82. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Jinsanjiang Silicon Material, assuming nothing else is changed. The correlation between historical values of Jinsanjiang Silicon's Research Development and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Jinsanjiang Silicon Material are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Research Development i.e., Jinsanjiang Silicon's Research Development and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Research Development

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Jinsanjiang Silicon income statement and is an important metric when analyzing Jinsanjiang Silicon 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.
Most indicators from Jinsanjiang Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinsanjiang Silicon 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 Jinsanjiang Silicon Material. 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 6.3 M, whereas Selling General Administrative is forecasted to decline to about 14.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense188.8K53.5K1.1M720.3K
Interest Income2.3M1.9M1.3M1.6M

Jinsanjiang Silicon fundamental ratios Correlations

-0.620.991.00.990.970.470.990.40.820.970.810.940.31.01.0-0.90.850.790.030.30.980.440.970.62
-0.62-0.66-0.61-0.7-0.66-0.48-0.58-0.41-0.37-0.58-0.59-0.37-0.67-0.67-0.60.88-0.65-0.57-0.11-0.16-0.52-0.49-0.53-0.56
0.99-0.660.990.980.990.580.960.520.740.940.740.910.430.990.98-0.930.910.720.120.230.940.380.930.55
1.0-0.610.990.990.970.470.990.40.820.970.80.950.31.01.0-0.890.850.790.030.30.980.440.970.61
0.99-0.70.980.990.950.440.980.390.820.940.820.880.360.990.99-0.940.820.77-0.030.30.960.430.960.6
0.97-0.660.990.970.950.670.930.610.660.920.680.90.50.970.96-0.910.950.690.230.160.890.350.890.52
0.47-0.480.580.470.440.670.360.98-0.110.39-0.020.420.870.470.44-0.540.810.170.82-0.460.27-0.130.26-0.01
0.99-0.580.960.990.980.930.360.30.880.960.830.930.210.990.99-0.870.780.8-0.080.340.990.440.990.62
0.4-0.410.520.40.390.610.980.3-0.180.29-0.130.330.890.40.38-0.490.720.020.79-0.560.21-0.310.19-0.19
0.82-0.370.740.820.820.66-0.110.88-0.180.850.910.8-0.220.820.84-0.650.440.8-0.480.630.920.590.930.71
0.97-0.580.940.970.940.920.390.960.290.850.850.950.180.970.97-0.830.820.90.030.380.960.590.970.75
0.81-0.590.740.80.820.68-0.020.83-0.130.910.850.75-0.080.820.81-0.750.560.85-0.410.770.870.830.890.89
0.94-0.370.910.950.880.90.420.930.330.80.950.750.10.920.95-0.720.820.780.070.340.940.450.940.62
0.3-0.670.430.30.360.50.870.210.89-0.220.18-0.080.10.340.28-0.570.60.010.64-0.510.1-0.210.09-0.13
1.0-0.670.991.00.990.970.470.990.40.820.970.820.920.341.0-0.920.850.80.020.30.970.460.970.63
1.0-0.60.981.00.990.960.440.990.380.840.970.810.950.281.0-0.890.840.80.010.320.980.450.980.62
-0.90.88-0.93-0.89-0.94-0.91-0.54-0.87-0.49-0.65-0.83-0.75-0.72-0.57-0.92-0.89-0.84-0.67-0.04-0.26-0.83-0.44-0.83-0.57
0.85-0.650.910.850.820.950.810.780.720.440.820.560.820.60.850.84-0.840.620.440.090.740.360.740.5
0.79-0.570.720.790.770.690.170.80.020.80.90.850.780.010.80.8-0.670.62-0.020.430.810.770.840.9
0.03-0.110.120.03-0.030.230.82-0.080.79-0.480.03-0.410.070.640.020.01-0.040.44-0.02-0.71-0.16-0.29-0.16-0.21
0.3-0.160.230.30.30.16-0.460.34-0.560.630.380.770.34-0.510.30.32-0.260.090.43-0.710.440.80.460.72
0.98-0.520.940.980.960.890.270.990.210.920.960.870.940.10.970.98-0.830.740.81-0.160.440.51.00.66
0.44-0.490.380.440.430.35-0.130.44-0.310.590.590.830.45-0.210.460.45-0.440.360.77-0.290.80.50.530.97
0.97-0.530.930.970.960.890.260.990.190.930.970.890.940.090.970.98-0.830.740.84-0.160.461.00.530.69
0.62-0.560.550.610.60.52-0.010.62-0.190.710.750.890.62-0.130.630.62-0.570.50.9-0.210.720.660.970.69
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Jinsanjiang Silicon Account Relationship Matchups

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Other Information on Investing in Jinsanjiang Stock

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