Yunnan Tax Provision vs Ebit Analysis

600096 Stock

22.46 0.11 0.49%

Yunnan Yuntianhua financial indicator trend analysis is more than just analyzing Yunnan Yuntianhua current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Yuntianhua is a good investment. Please check the relationship between Yunnan Yuntianhua Tax Provision and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Yuntianhua Co. 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.

Tax Provision vs Ebit

Tax Provision vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Yuntianhua Tax Provision account and Ebit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Yunnan Yuntianhua's Tax Provision and Ebit is 0.86. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of Yunnan Yuntianhua Co, assuming nothing else is changed. The correlation between historical values of Yunnan Yuntianhua's Tax Provision and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Yunnan Yuntianhua Co are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., Yunnan Yuntianhua's Tax Provision and Ebit go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Ebit

Most indicators from Yunnan Yuntianhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Yuntianhua 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 Yunnan Yuntianhua Co. 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 1.9 B, whereas Tax Provision is forecasted to decline to about 578.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	8.7B	12.2B	10.5B	8.5B
Research Development	151.6M	367.8M	549.5M	577.0M

Gross Profit Research Development

Yunnan Yuntianhua fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Assets	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.78	0.92	0.03	0.12	-0.23	0.77	0.78	0.73	0.31	0.93	0.79	0.96	0.85	0.43	0.88	0.28	0.86	-0.09	-0.13	-0.12	0.12	0.11	0.43	0.12	0.37
Other Current Liab	0.78		0.82	-0.27	0.05	-0.48	0.64	0.6	0.68	0.26	0.73	0.79	0.81	0.57	0.16	0.59	-0.1	0.71	-0.5	-0.36	-0.19	0.24	-0.18	0.55	0.27	0.31
Total Current Liabilities	0.92	0.82		-0.28	0.01	-0.52	0.89	0.76	0.83	0.43	0.85	0.94	0.98	0.73	0.24	0.67	-0.04	0.81	-0.3	-0.4	-0.25	0.43	-0.07	0.56	0.38	0.31
Total Stockholder Equity	0.03	-0.27	-0.28		0.05	0.93	-0.35	0.03	-0.44	-0.35	0.01	-0.5	-0.19	0.41	0.77	0.17	0.47	0.07	0.77	0.97	0.35	-0.81	0.52	-0.24	-0.84	0.39
Other Liab	0.12	0.05	0.01	0.05		0.06	-0.03	-0.02	0.27	-0.2	-0.01	0.01	0.1	0.07	-0.16	0.31	0.21	-0.14	-0.08	-0.13	0.03	0.07	-0.2	-0.28	0.15	-0.36
Retained Earnings	-0.23	-0.48	-0.52	0.93	0.06		-0.48	-0.29	-0.53	-0.31	-0.17	-0.69	-0.43	0.15	0.49	-0.02	0.5	-0.24	0.76	0.94	0.49	-0.84	0.35	-0.55	-0.76	0.09
Accounts Payable	0.77	0.64	0.89	-0.35	-0.03	-0.48		0.54	0.89	0.53	0.74	0.93	0.87	0.55	0.03	0.56	-0.05	0.64	-0.22	-0.45	0.03	0.47	-0.24	0.37	0.6	0.16
Cash	0.78	0.6	0.76	0.03	-0.02	-0.29	0.54		0.39	-0.03	0.65	0.66	0.74	0.72	0.56	0.47	-0.07	0.83	-0.11	-0.06	-0.36	0.14	0.53	0.73	0.02	0.63
Net Receivables	0.73	0.68	0.83	-0.44	0.27	-0.53	0.89	0.39		0.64	0.65	0.88	0.83	0.44	-0.16	0.61	-0.04	0.51	-0.38	-0.57	-0.05	0.53	-0.38	0.22	0.64	-0.08
Short Term Investments	0.31	0.26	0.43	-0.35	-0.2	-0.31	0.53	-0.03	0.64		0.28	0.46	0.4	0.12	-0.23	0.24	-0.06	0.21	-0.24	-0.36	0.02	0.25	-0.34	-0.03	0.36	-0.21
Inventory	0.93	0.73	0.85	0.01	-0.01	-0.17	0.74	0.65	0.65	0.28		0.72	0.9	0.82	0.33	0.82	0.41	0.72	-0.08	-0.11	0.0	0.05	0.01	0.24	0.13	0.21
Other Current Assets	0.79	0.79	0.94	-0.5	0.01	-0.69	0.93	0.66	0.88	0.46	0.72		0.91	0.5	-0.01	0.54	-0.19	0.71	-0.44	-0.6	-0.25	0.56	-0.2	0.59	0.61	0.23
Total Liab	0.96	0.81	0.98	-0.19	0.1	-0.43	0.87	0.74	0.83	0.4	0.9	0.91		0.77	0.26	0.79	0.13	0.81	-0.24	-0.34	-0.18	0.35	-0.07	0.47	0.33	0.26
Intangible Assets	0.85	0.57	0.73	0.41	0.07	0.15	0.55	0.72	0.44	0.12	0.82	0.5	0.77		0.73	0.71	0.3	0.8	0.28	0.28	-0.03	-0.15	0.28	0.31	-0.26	0.49
Common Stock	0.43	0.16	0.24	0.77	-0.16	0.49	0.03	0.56	-0.16	-0.23	0.33	-0.01	0.26	0.73		0.34	0.18	0.61	0.58	0.72	-0.02	-0.49	0.67	0.38	-0.71	0.79
Property Plant Equipment	0.88	0.59	0.67	0.17	0.31	-0.02	0.56	0.47	0.61	0.24	0.82	0.54	0.79	0.71	0.34		0.62	0.64	0.05	-0.03	0.04	-0.04	-0.02	0.1	-0.01	0.14
Long Term Debt	0.28	-0.1	-0.04	0.47	0.21	0.5	-0.05	-0.07	-0.04	-0.06	0.41	-0.19	0.13	0.3	0.18	0.62		0.0	0.35	0.36	0.38	-0.47	0.07	-0.55	-0.33	-0.23
Other Assets	0.86	0.71	0.81	0.07	-0.14	-0.24	0.64	0.83	0.51	0.21	0.72	0.71	0.81	0.8	0.61	0.64	0.0		0.04	-0.02	-0.27	0.09	0.34	0.73	-0.09	0.73
Good Will	-0.09	-0.5	-0.3	0.77	-0.08	0.76	-0.22	-0.11	-0.38	-0.24	-0.08	-0.44	-0.24	0.28	0.58	0.05	0.35	0.04		0.78	0.29	-0.59	0.44	-0.24	-0.66	0.34
Net Tangible Assets	-0.13	-0.36	-0.4	0.97	-0.13	0.94	-0.45	-0.06	-0.57	-0.36	-0.11	-0.6	-0.34	0.28	0.72	-0.03	0.36	-0.02	0.78		0.36	-0.84	0.55	-0.25	-0.87	0.39
Other Stockholder Equity	-0.12	-0.19	-0.25	0.35	0.03	0.49	0.03	-0.36	-0.05	0.02	0.0	-0.25	-0.18	-0.03	-0.02	0.04	0.38	-0.27	0.29	0.36		-0.35	-0.18	-0.57	-0.04	-0.2
Deferred Long Term Liab	0.12	0.24	0.43	-0.81	0.07	-0.84	0.47	0.14	0.53	0.25	0.05	0.56	0.35	-0.15	-0.49	-0.04	-0.47	0.09	-0.59	-0.84	-0.35		-0.41	0.34	0.77	-0.24
Long Term Investments	0.11	-0.18	-0.07	0.52	-0.2	0.35	-0.24	0.53	-0.38	-0.34	0.01	-0.2	-0.07	0.28	0.67	-0.02	0.07	0.34	0.44	0.55	-0.18	-0.41		0.32	-0.59	0.63
Short Long Term Debt	0.43	0.55	0.56	-0.24	-0.28	-0.55	0.37	0.73	0.22	-0.03	0.24	0.59	0.47	0.31	0.38	0.1	-0.55	0.73	-0.24	-0.25	-0.57	0.34	0.32		0.08	0.76
Total Current Assets	0.12	0.27	0.38	-0.84	0.15	-0.76	0.6	0.02	0.64	0.36	0.13	0.61	0.33	-0.26	-0.71	-0.01	-0.33	-0.09	-0.66	-0.87	-0.04	0.77	-0.59	0.08		-0.43
Short Term Debt	0.37	0.31	0.31	0.39	-0.36	0.09	0.16	0.63	-0.08	-0.21	0.21	0.23	0.26	0.49	0.79	0.14	-0.23	0.73	0.34	0.39	-0.2	-0.24	0.63	0.76	-0.43

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Yunnan Yuntianhua Account Relationship Matchups

Yunnan Yuntianhua fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	60.0B	52.8B	53.2B	53.2B	52.6B	38.0B
Other Current Liab	4.8B	4.8B	5.5B	6.2B	249.2M	236.8M
Total Current Liabilities	47.3B	38.7B	33.0B	23.4B	17.7B	23.2B
Total Stockholder Equity	4.4B	6.4B	10.2B	16.4B	18.7B	19.7B
Other Liab	1.6B	882.8M	961.7M	1.0B	1.2B	1.3B
Retained Earnings	(2.6B)	(2.6B)	1.1B	7.1B	9.0B	9.4B
Accounts Payable	11.3B	4.0B	3.2B	3.3B	4.4B	6.3B
Cash	11.1B	9.8B	10.1B	7.4B	6.4B	5.1B
Net Receivables	5.4B	2.3B	954.5M	1.8B	903.1M	857.9M
Short Term Investments	19.0M	1.5M	11.9M	620.6K	85.9K	81.6K
Inventory	7.8B	6.0B	7.6B	8.0B	7.5B	5.1B
Other Current Assets	5.5B	2.8B	2.6B	1.3B	476.4M	452.6M
Total Liab	53.5B	44.3B	40.6B	33.8B	30.6B	30.6B
Intangible Assets	3.9B	4.0B	3.9B	3.9B	4.6B	4.8B
Common Stock	1.4B	1.8B	1.8B	1.8B	2.1B	2.2B
Property Plant Equipment	21.4B	20.8B	20.9B	23.2B	26.7B	17.2B
Long Term Debt	2.7B	3.3B	5.4B	8.3B	11.2B	5.7B
Other Assets	2.2B	2.3B	1.7B	1.8B	2.0B	1.1B
Net Tangible Assets	431.9M	2.3B	6.3B	12.4B	14.3B	15.0B
Other Stockholder Equity	(108.5M)	11.3M	54.4M	160.0M	144.0M	151.2M
Deferred Long Term Liab	1.4B	1.5B	811.3M	803.5M	723.1M	979.7M
Short Long Term Debt	28.6B	27.9B	21.9B	10.0B	5.9B	5.6B
Total Current Assets	29.8B	23.2B	23.5B	20.7B	17.3B	21.8B
Non Current Assets Total	30.2B	29.7B	29.6B	32.5B	35.3B	25.7B
Non Currrent Assets Other	365.2M	22.2M	11.7M	176.5M	94.9M	90.1M
Non Current Liabilities Total	6.2B	5.7B	7.5B	10.4B	12.9B	9.1B
Non Current Liabilities Other	73.6M	168.9M	1.4B	231.8M	424.8M	340.6M
Net Debt	20.2B	21.4B	17.2B	10.9B	10.6B	13.1B
Common Stock Shares Outstanding	1.4B	1.4B	1.8B	1.8B	1.8B	1.7B
Net Invested Capital	35.7B	37.6B	37.5B	34.7B	35.8B	38.5B
Net Working Capital	(17.5B)	(15.5B)	(9.5B)	(2.7B)	(380.9M)	(399.9M)
Capital Stock	1.4B	1.8B	1.8B	1.8B	1.8B	1.9B

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

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Yunnan Tax Provision vs Ebit Analysis

Tax Provision vs Ebit

Tax Provision vs Ebit Correlation Analysis

Correlation Coefficient

Tax Provision

Ebit

Yunnan Yuntianhua fundamental ratios Correlations

Yunnan Yuntianhua Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Yunnan Yuntianhua fundamental ratios Accounts

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Other Information on Investing in Yunnan Stock

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Total Liab	+ 0.98	Total Current Liabilities
Net Tangible Assets	+ 0.97	Total Stockholder Equity
Total Liab	+ 0.96	Total Assets
Other Current Assets	+ 0.94	Total Current Liabilities
Net Tangible Assets	+ 0.94	Retained Earnings
Inventory	+ 0.93	Total Assets

Total Current Assets	- 0.87	Net Tangible Assets
Deferred Long Term Liab	- 0.84	Net Tangible Assets
Deferred Long Term Liab	- 0.84	Retained Earnings
Total Current Assets	- 0.84	Total Stockholder Equity
Deferred Long Term Liab	- 0.81	Total Stockholder Equity
Total Current Assets	- 0.76	Retained Earnings