Hainan Income Before Tax vs Net Interest Income Analysis

600221 Stock   1.54  0.06  3.75%   
Hainan Airlines financial indicator trend analysis is much more than just examining Hainan Airlines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Airlines is a good investment. Please check the relationship between Hainan Airlines Income Before Tax and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Airlines 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.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Airlines Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hainan Airlines' Income Before Tax and Net Interest Income is -0.51. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Hainan Airlines Co, assuming nothing else is changed. The correlation between historical values of Hainan Airlines' Income Before Tax and Net Interest 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 Hainan Airlines Co are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Hainan Airlines' Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Hainan Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Airlines 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 Hainan Airlines 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 2 B, whereas Tax Provision is forecasted to decline to (716.9 M).
 2022 2024 2025 (projected)
Other Operating Expenses357.0M410.6M806.6M
Minority Interest1.2B95.6M90.8M

Hainan Airlines fundamental ratios Correlations

0.240.650.420.510.00.30.560.850.160.460.110.690.810.350.270.630.290.320.130.030.770.450.11-0.140.56
0.240.73-0.460.07-0.180.35-0.190.090.2-0.040.11-0.090.520.01-0.12-0.140.290.27-0.5-0.460.26-0.260.09-0.430.6
0.650.730.040.230.060.410.290.57-0.220.550.050.40.650.03-0.10.070.490.25-0.08-0.050.640.270.38-0.650.91
0.42-0.460.04-0.220.76-0.390.810.67-0.280.44-0.610.43-0.17-0.37-0.360.050.08-0.540.930.840.180.830.63-0.350.29
0.510.070.23-0.22-0.730.49-0.210.220.220.250.850.240.660.910.880.820.10.84-0.5-0.570.61-0.24-0.650.43-0.08
0.0-0.180.060.76-0.73-0.520.630.32-0.40.28-0.90.05-0.48-0.83-0.86-0.540.17-0.820.890.87-0.190.70.92-0.670.41
0.30.350.41-0.390.49-0.520.030.210.220.030.490.210.550.440.480.420.090.49-0.53-0.450.45-0.27-0.330.090.17
0.56-0.190.290.81-0.210.630.030.78-0.150.27-0.60.590.07-0.31-0.290.17-0.03-0.540.710.710.380.760.59-0.440.47
0.850.090.570.670.220.320.210.78-0.020.46-0.270.670.490.030.00.370.1-0.070.440.440.580.570.43-0.380.59
0.160.2-0.22-0.280.22-0.40.22-0.15-0.02-0.650.16-0.130.380.390.370.44-0.240.25-0.46-0.52-0.1-0.47-0.520.55-0.36
0.46-0.040.550.440.250.280.030.270.46-0.650.050.350.22-0.02-0.10.020.680.190.380.320.420.570.43-0.460.55
0.110.110.05-0.610.85-0.90.49-0.6-0.270.160.05-0.030.480.860.850.570.080.9-0.75-0.80.39-0.52-0.820.57-0.26
0.69-0.090.40.430.240.050.210.590.67-0.130.35-0.030.50.180.220.470.090.110.230.240.460.40.14-0.10.32
0.810.520.65-0.170.66-0.480.550.070.490.380.220.480.50.590.50.630.290.7-0.44-0.50.66-0.04-0.290.110.4
0.350.010.03-0.370.91-0.830.44-0.310.030.39-0.020.860.180.590.960.85-0.110.79-0.62-0.650.45-0.42-0.810.6-0.3
0.27-0.12-0.1-0.360.88-0.860.48-0.290.00.37-0.10.850.220.50.960.85-0.210.74-0.59-0.620.39-0.45-0.860.69-0.42
0.63-0.140.070.050.82-0.540.420.170.370.440.020.570.470.630.850.85-0.10.54-0.28-0.370.59-0.09-0.60.5-0.18
0.290.290.490.080.10.170.09-0.030.1-0.240.680.080.090.29-0.11-0.21-0.10.310.02-0.120.110.210.26-0.350.41
0.320.270.25-0.540.84-0.820.49-0.54-0.070.250.190.90.110.70.790.740.540.31-0.72-0.790.37-0.43-0.690.48-0.09
0.13-0.5-0.080.93-0.50.89-0.530.710.44-0.460.38-0.750.23-0.44-0.62-0.59-0.280.02-0.720.94-0.020.820.76-0.430.26
0.03-0.46-0.050.84-0.570.87-0.450.710.44-0.520.32-0.80.24-0.5-0.65-0.62-0.37-0.12-0.790.94-0.10.740.81-0.520.28
0.770.260.640.180.61-0.190.450.380.58-0.10.420.390.460.660.450.390.590.110.37-0.02-0.10.38-0.05-0.130.57
0.45-0.260.270.83-0.240.7-0.270.760.57-0.470.57-0.520.4-0.04-0.42-0.45-0.090.21-0.430.820.740.380.68-0.460.56
0.110.090.380.63-0.650.92-0.330.590.43-0.520.43-0.820.14-0.29-0.81-0.86-0.60.26-0.690.760.81-0.050.68-0.870.67
-0.14-0.43-0.65-0.350.43-0.670.09-0.44-0.380.55-0.460.57-0.10.110.60.690.5-0.350.48-0.43-0.52-0.13-0.46-0.87-0.81
0.560.60.910.29-0.080.410.170.470.59-0.360.55-0.260.320.4-0.3-0.42-0.180.41-0.090.260.280.570.560.67-0.81
Click cells to compare fundamentals

Hainan Airlines Account Relationship Matchups

Hainan Airlines fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets164.6B143.3B138.1B134.0B154.1B102.2B
Other Current Liab112.3B6.0B4.7B133.0M153.0M145.3M
Total Current Liabilities178.9B23.1B30.8B32.9B37.8B43.7B
Total Stockholder Equity(28.4B)8.5B1.2B2.3B2.7B2.5B
Other Liab10.9B8.0B9.2B10.7B12.3B13.0B
Retained Earnings(51.7B)(49.3B)(74.2B)(76.5B)(68.9B)(65.4B)
Accounts Payable14.6B4.7B7.6B11.6B13.4B14.1B
Cash8.2B8.8B10.6B8.9B10.2B14.8B
Other Assets19.8B13.9B5.7B12.1B14.0B9.9B
Net Receivables2.4B2.1B1.1B2.6B3.0B4.1B
Inventory1.1B1.5B1.3B1.5B1.7B1.8B
Other Current Assets1.4B1.6B2.1B1.9B2.2B1.5B
Total Liab186.8B132.3B137.7B132.5B152.3B81.2B
Intangible Assets888.6M1.3B1.6B1.6B1.8B1.9B
Property Plant Equipment67.9B56.5B97.7B89.5B102.9B108.0B
Short Term Investments4.6B5.2B277.8M442.3M508.7M483.2M
Net Tangible Assets49.9B(30.1B)6.4B(1.2B)(1.1B)(1.1B)
Other Stockholder Equity4.3B(11.5B)(10.1B)(5.3B)(4.8B)(4.5B)
Deferred Long Term Liab1.4B1.4B1.2B1.0B1.2B1.4B
Non Current Assets Total98.3B113.3B115.5B106.9B96.2B100.3B
Non Currrent Assets Other7.4B1.7B1.9B2.7B2.4B2.3B
Non Current Liabilities Total8.0B109.2B106.8B99.5B114.5B62.0B
Short Long Term Debt28.7B35.1B79.6M1.6B1.4B1.4B
Total Current Assets66.3B30.0B22.6B27.1B24.4B33.7B
Non Current Liabilities Other7.7B8.9B9.7B10.0B11.5B5.9B
Net Debt26.9B39.9B36.1B38.3B44.1B32.9B
Net Invested Capital6.8B57.2B47.9B49.5B44.6B51.7B
Net Working Capital(112.6B)6.9B(8.3B)(5.8B)(6.6B)(7.0B)
Property Plant And Equipment Net56.5B97.7B89.5B80.0B92.0B86.1B
Property Plant And Equipment Gross91.7B132.3B89.5B120.6B138.7B117.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Hainan Stock

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