Ningbo Income Before Tax vs Cost Of Revenue Analysis

301193 Stock

17.63 1.76 9.08%

Ningbo Homelink financial indicator trend analysis is infinitely more than just investigating Ningbo Homelink Eco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Homelink Eco is a good investment. Please check the relationship between Ningbo Homelink 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 Ningbo Homelink Eco iTech. 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 Ningbo Homelink Eco Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ningbo Homelink's Income Before Tax and Cost Of Revenue is -0.15. 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 Ningbo Homelink Eco iTech, assuming nothing else is changed. The correlation between historical values of Ningbo Homelink'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 Ningbo Homelink Eco iTech 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., Ningbo Homelink's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Ningbo Homelink income statement and is an important metric when analyzing Ningbo Homelink Eco 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 Ningbo Homelink Eco income statement and represents the costs associated with goods and services Ningbo Homelink 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 Ningbo Homelink's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Homelink Eco 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 Ningbo Homelink Eco iTech. 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.

As of March 1, 2025, Tax Provision is expected to decline to about 2.9 M. In addition to that, Selling General Administrative is expected to decline to about 80.1 M

	2022	2023	2024	2025 (projected)
Interest Expense	15.0M	16.8M	15.1M	25.3M
Interest Income	6.3M	12.0M	13.7M	14.4M

Interest Expense Interest Income

Ningbo Homelink fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Capital Lease Obligations
Total Assets		0.81	0.98	0.97	-0.79	0.96	0.96	0.95	0.89	0.9	0.82	0.99	0.91	0.84	0.97	0.86	0.88	1.0	-0.74	0.98	0.97	0.86	0.92	0.97	0.98	0.82
Other Current Liab	0.81		0.79	0.72	-0.67	0.72	0.75	0.7	0.95	0.95	1.0	0.83	0.68	1.0	0.78	0.99	0.97	0.8	-0.83	0.75	0.86	0.77	0.71	0.87	0.86	1.0
Total Current Liabilities	0.98	0.79		0.94	-0.82	0.97	0.99	0.91	0.9	0.9	0.81	0.99	0.9	0.82	0.94	0.85	0.88	0.96	-0.74	0.95	0.93	0.8	0.95	0.96	0.97	0.8
Total Stockholder Equity	0.97	0.72	0.94		-0.84	0.98	0.92	0.99	0.85	0.86	0.75	0.92	0.97	0.76	0.97	0.8	0.83	0.98	-0.57	1.0	0.91	0.93	0.86	0.89	0.9	0.74
Net Debt	-0.79	-0.67	-0.82	-0.84		-0.89	-0.79	-0.84	-0.79	-0.8	-0.69	-0.77	-0.94	-0.71	-0.9	-0.78	-0.79	-0.79	0.32	-0.85	-0.71	-0.85	-0.64	-0.69	-0.71	-0.7
Retained Earnings	0.96	0.72	0.97	0.98	-0.89		0.96	0.96	0.86	0.87	0.74	0.94	0.97	0.76	0.97	0.8	0.84	0.95	-0.58	0.97	0.89	0.87	0.89	0.89	0.9	0.74
Accounts Payable	0.96	0.75	0.99	0.92	-0.79	0.96		0.88	0.88	0.88	0.77	0.97	0.88	0.79	0.91	0.81	0.86	0.93	-0.74	0.92	0.9	0.76	0.97	0.94	0.95	0.77
Cash	0.95	0.7	0.91	0.99	-0.84	0.96	0.88		0.82	0.83	0.73	0.89	0.97	0.74	0.97	0.78	0.8	0.97	-0.52	0.99	0.9	0.95	0.81	0.86	0.87	0.72
Non Current Assets Total	0.89	0.95	0.9	0.85	-0.79	0.86	0.88	0.82		1.0	0.96	0.9	0.81	0.97	0.86	0.98	1.0	0.88	-0.79	0.86	0.88	0.84	0.85	0.9	0.91	0.96
Non Currrent Assets Other	0.9	0.95	0.9	0.86	-0.8	0.87	0.88	0.83	1.0		0.97	0.91	0.82	0.97	0.87	0.98	1.0	0.89	-0.79	0.87	0.89	0.85	0.84	0.91	0.91	0.97
Long Term Debt	0.82	1.0	0.81	0.75	-0.69	0.74	0.77	0.73	0.96	0.97		0.85	0.7	1.0	0.8	0.99	0.98	0.82	-0.83	0.77	0.87	0.78	0.73	0.88	0.87	1.0
Net Receivables	0.99	0.83	0.99	0.92	-0.77	0.94	0.97	0.89	0.9	0.91	0.85		0.86	0.86	0.93	0.87	0.89	0.97	-0.81	0.93	0.97	0.78	0.94	0.99	0.99	0.84
Common Stock Shares Outstanding	0.91	0.68	0.9	0.97	-0.94	0.97	0.88	0.97	0.81	0.82	0.7	0.86		0.72	0.97	0.78	0.8	0.92	-0.42	0.97	0.84	0.93	0.77	0.8	0.82	0.7
Non Current Liabilities Total	0.84	1.0	0.82	0.76	-0.71	0.76	0.79	0.74	0.97	0.97	1.0	0.86	0.72		0.81	0.99	0.99	0.83	-0.82	0.79	0.87	0.8	0.75	0.88	0.88	1.0
Inventory	0.97	0.78	0.94	0.97	-0.9	0.97	0.91	0.97	0.86	0.87	0.8	0.93	0.97	0.81		0.85	0.86	0.98	-0.58	0.99	0.94	0.92	0.81	0.9	0.91	0.8
Other Current Assets	0.86	0.99	0.85	0.8	-0.78	0.8	0.81	0.78	0.98	0.98	0.99	0.87	0.78	0.99	0.85		0.99	0.86	-0.78	0.82	0.88	0.83	0.75	0.88	0.89	0.99
Total Liab	0.88	0.97	0.88	0.83	-0.79	0.84	0.86	0.8	1.0	1.0	0.98	0.89	0.8	0.99	0.86	0.99		0.87	-0.79	0.84	0.88	0.84	0.81	0.9	0.9	0.98
Net Invested Capital	1.0	0.8	0.96	0.98	-0.79	0.95	0.93	0.97	0.88	0.89	0.82	0.97	0.92	0.83	0.98	0.86	0.87		-0.7	0.99	0.98	0.89	0.88	0.96	0.97	0.82
Short Long Term Debt	-0.74	-0.83	-0.74	-0.57	0.32	-0.58	-0.74	-0.52	-0.79	-0.79	-0.83	-0.81	-0.42	-0.82	-0.58	-0.78	-0.79	-0.7		-0.59	-0.8	-0.44	-0.81	-0.86	-0.85	-0.82
Total Current Assets	0.98	0.75	0.95	1.0	-0.85	0.97	0.92	0.99	0.86	0.87	0.77	0.93	0.97	0.79	0.99	0.82	0.84	0.99	-0.59		0.93	0.93	0.85	0.91	0.92	0.77
Capital Stock	0.97	0.86	0.93	0.91	-0.71	0.89	0.9	0.9	0.88	0.89	0.87	0.97	0.84	0.87	0.94	0.88	0.88	0.98	-0.8	0.93		0.82	0.86	0.98	0.98	0.87
Net Working Capital	0.86	0.77	0.8	0.93	-0.85	0.87	0.76	0.95	0.84	0.85	0.78	0.78	0.93	0.8	0.92	0.83	0.84	0.89	-0.44	0.93	0.82		0.66	0.76	0.77	0.78
Intangible Assets	0.92	0.71	0.95	0.86	-0.64	0.89	0.97	0.81	0.85	0.84	0.73	0.94	0.77	0.75	0.81	0.75	0.81	0.88	-0.81	0.85	0.86	0.66		0.92	0.93	0.73
Property Plant And Equipment Net	0.97	0.87	0.96	0.89	-0.69	0.89	0.94	0.86	0.9	0.91	0.88	0.99	0.8	0.88	0.9	0.88	0.9	0.96	-0.86	0.91	0.98	0.76	0.92		1.0	0.87
Property Plant And Equipment Gross	0.98	0.86	0.97	0.9	-0.71	0.9	0.95	0.87	0.91	0.91	0.87	0.99	0.82	0.88	0.91	0.89	0.9	0.97	-0.85	0.92	0.98	0.77	0.93	1.0		0.87
Capital Lease Obligations	0.82	1.0	0.8	0.74	-0.7	0.74	0.77	0.72	0.96	0.97	1.0	0.84	0.7	1.0	0.8	0.99	0.98	0.82	-0.82	0.77	0.87	0.78	0.73	0.87	0.87

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Ningbo Homelink Account Relationship Matchups

Ningbo Homelink fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	2.1B	2.9B	4.1B	4.7B	2.4B
Total Current Liabilities	615.3M	592.0M	1.0B	1.1B	1.3B	844.4M
Total Stockholder Equity	458.9M	1.4B	1.5B	1.7B	1.9B	1.2B
Retained Earnings	168.9M	232.8M	369.0M	367.9M	423.1M	264.6M
Accounts Payable	296.2M	248.7M	655.2M	664.6M	764.3M	454.1M
Cash	104.1M	854.8M	754.6M	946.6M	1.1B	594.6M
Non Current Assets Total	606.7M	701.4M	1.5B	2.3B	2.7B	2.8B
Non Currrent Assets Other	9.9M	21.3M	76.4M	145.6M	167.5M	175.8M
Long Term Debt	30.6M	71.8M	122.3M	996.8M	1.1B	1.2B
Net Receivables	153.9M	148.3M	228.6M	298.4M	343.2M	210.4M
Non Current Liabilities Total	53.2M	115.1M	203.4M	1.1B	1.3B	1.4B
Inventory	241.0M	326.6M	302.1M	397.6M	457.2M	313.5M
Other Current Assets	13.6M	14.1M	16.5M	56.3M	64.8M	68.0M
Total Liab	668.5M	707.1M	1.2B	2.3B	2.6B	2.7B
Net Invested Capital	717.3M	1.7B	1.8B	2.8B	3.2B	1.7B
Short Long Term Debt	227.8M	250.6M	184.4M	113.9M	102.5M	155.0M
Total Current Assets	520.7M	1.4B	1.4B	1.8B	2.1B	1.2B
Net Working Capital	(94.6M)	771.4M	340.2M	637.2M	732.8M	769.5M
Intangible Assets	71.9M	69.8M	264.2M	250.0M	287.5M	164.4M

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Other Information on Investing in Ningbo Stock

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

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Ningbo Income Before Tax vs Cost Of Revenue Analysis

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Income Before Tax

Cost Of Revenue

Ningbo Homelink fundamental ratios Correlations

Ningbo Homelink Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ningbo Homelink fundamental ratios Accounts

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Other Information on Investing in Ningbo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Other Current Liab
Capital Lease Obligations	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Currrent Assets Other	+ 1.0	Non Current Assets Total

Common Stock Shares Outstanding	- 0.94	Net Debt
Inventory	- 0.9	Net Debt
Retained Earnings	- 0.89	Net Debt
Property Plant And Equipment Net	- 0.86	Short Long Term Debt
Property Plant And Equipment Gross	- 0.85	Short Long Term Debt
Net Working Capital	- 0.85	Net Debt