Guanghui Gross Profit vs Income Before Tax Analysis

600256 Stock   6.06  0.07  1.14%   
Guanghui Energy financial indicator trend analysis is much more than just examining Guanghui Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guanghui Energy is a good investment. Please check the relationship between Guanghui Energy Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guanghui Energy 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.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guanghui Energy Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guanghui Energy's Gross Profit and Income Before Tax is 0.95. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Guanghui Energy Co, assuming nothing else is changed. The correlation between historical values of Guanghui Energy's Gross Profit 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 Gross Profit of Guanghui Energy Co 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 Gross Profit i.e., Guanghui Energy's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Guanghui Energy Co minus its cost of goods sold. It is profit before Guanghui Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Guanghui Energy income statement and is an important metric when analyzing Guanghui Energy 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 Guanghui Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guanghui Energy 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 Guanghui Energy 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.
As of January 21, 2025, Selling General Administrative is expected to decline to about 401.6 M. In addition to that, Tax Provision is expected to decline to about 992.2 M
 2022 2023 2024 2025 (projected)
Income Before Tax13.7B6.5B7.4B7.8B
Cost Of Revenue42.4B51.4B59.1B62.1B

Guanghui Energy fundamental ratios Correlations

0.550.970.750.770.710.620.85-0.590.470.330.840.550.950.680.940.890.480.720.860.170.840.840.730.860.72
0.550.620.280.490.30.550.42-0.440.45-0.090.50.350.640.210.520.560.130.090.370.290.350.310.30.40.31
0.970.620.70.80.670.720.8-0.620.430.290.870.440.960.660.920.890.380.640.860.170.830.840.710.860.71
0.750.280.70.450.990.430.78-0.320.050.320.780.610.590.960.640.50.850.850.83-0.160.740.880.850.750.88
0.770.490.80.450.390.60.46-0.540.560.240.520.120.850.350.750.850.160.340.730.510.710.620.350.830.45
0.710.30.670.990.390.40.79-0.3-0.050.290.80.650.540.980.560.420.880.870.82-0.20.720.870.90.720.87
0.620.550.720.430.60.40.55-0.190.20.350.760.030.660.410.660.53-0.050.330.710.020.760.640.530.690.58
0.850.420.80.780.460.790.55-0.270.160.290.880.610.70.780.690.560.580.820.81-0.180.770.860.880.720.8
-0.59-0.44-0.62-0.32-0.54-0.3-0.19-0.27-0.490.03-0.35-0.21-0.67-0.28-0.58-0.73-0.2-0.22-0.41-0.34-0.39-0.36-0.2-0.47-0.28
0.470.450.430.050.56-0.050.20.16-0.490.080.04-0.010.67-0.070.550.75-0.17-0.190.10.420.10.0-0.180.2-0.04
0.33-0.090.290.320.240.290.350.290.030.080.280.240.270.250.370.210.10.410.35-0.250.420.330.440.350.14
0.840.50.870.780.520.80.760.88-0.350.040.280.450.720.820.720.580.480.770.87-0.120.850.910.90.80.85
0.550.350.440.610.120.650.030.61-0.21-0.010.240.450.350.520.490.30.760.730.44-0.130.420.470.660.380.41
0.950.640.960.590.850.540.660.7-0.670.670.270.720.350.510.940.970.260.470.750.310.740.70.520.790.58
0.680.210.660.960.350.980.410.78-0.28-0.070.250.820.520.510.530.40.820.840.8-0.240.690.870.880.690.89
0.940.520.920.640.750.560.660.69-0.580.550.370.720.490.940.530.920.320.580.770.20.780.710.570.790.59
0.890.560.890.50.850.420.530.56-0.730.750.210.580.30.970.40.920.20.380.650.430.650.580.370.730.45
0.480.130.380.850.160.88-0.050.58-0.2-0.170.10.480.760.260.820.320.20.790.54-0.190.420.620.710.460.64
0.720.090.640.850.340.870.330.82-0.22-0.190.410.770.730.470.840.580.380.790.81-0.20.780.870.930.730.77
0.860.370.860.830.730.820.710.81-0.410.10.350.870.440.750.80.770.650.540.810.070.970.960.830.970.86
0.170.290.17-0.160.51-0.20.02-0.18-0.340.42-0.25-0.12-0.130.31-0.240.20.43-0.19-0.20.070.15-0.01-0.310.28-0.09
0.840.350.830.740.710.720.760.77-0.390.10.420.850.420.740.690.780.650.420.780.970.150.920.790.960.81
0.840.310.840.880.620.870.640.86-0.360.00.330.910.470.70.870.710.580.620.870.96-0.010.920.890.910.92
0.730.30.710.850.350.90.530.88-0.2-0.180.440.90.660.520.880.570.370.710.930.83-0.310.790.890.730.81
0.860.40.860.750.830.720.690.72-0.470.20.350.80.380.790.690.790.730.460.730.970.280.960.910.730.78
0.720.310.710.880.450.870.580.8-0.28-0.040.140.850.410.580.890.590.450.640.770.86-0.090.810.920.810.78
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Guanghui Energy Account Relationship Matchups

Guanghui Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets54.1B59.7B61.6B58.6B67.3B38.8B
Other Current Liab8.1B5.6B8.2B1.7B1.9B3.5B
Total Current Liabilities23.4B27.2B23.6B21.7B25.0B14.5B
Total Stockholder Equity16.8B20.9B28.9B29.0B33.3B35.0B
Other Liab1.1B1.1B970.0M731.7M841.5M648.5M
Retained Earnings9.3B14.3B23.0B19.9B22.9B24.1B
Accounts Payable6.9B7.5B3.8B2.8B3.2B2.6B
Cash3.9B4.7B5.3B4.8B5.5B2.8B
Other Assets630.9M825.5M439.5M809.7M728.7M1.0B
Long Term Debt11.0B9.8B7.5B6.4B7.4B8.5B
Net Receivables997.8M1.8B1.9B1.9B2.2B1.5B
Inventory1.2B1.9B1.6B1.4B1.6B927.6M
Other Current Assets720.9M199.6M2.9B1.6B1.8B941.0M
Total Liab36.9B38.9B33.0B30.2B34.7B24.4B
Intangible Assets1.8B6.5B6.5B7.0B8.1B8.5B
Property Plant Equipment36.2B37.9B38.7B32.6B37.4B26.2B
Good Will170.9M169.2M889.2M704.5M810.2M850.7M
Net Tangible Assets14.1B10.1B14.3B21.5B24.7B14.0B
Other Stockholder Equity176.6M168.9M178.0M192.6M221.5M163.2M
Deferred Long Term Liab3.0M1.4M2.2M966.1K869.5K826.0K
Short Long Term Debt8.0B9.5B8.7B10.4B12.0B7.5B
Total Current Assets7.9B12.4B16.3B13.3B15.3B9.5B
Non Current Assets Total46.2B47.3B45.3B45.3B52.1B47.6B
Non Currrent Assets Other5.1B658.1M967.0M1.1B1.3B1.4B
Non Current Liabilities Total13.5B11.7B9.3B8.5B7.6B9.7B
Non Current Liabilities Other219.5M83.8M51.4M62.3M71.7M87.8M
Net Debt15.1B14.6B10.9B12.1B10.9B10.9B
Common Stock Shares Outstanding6.7B6.8B6.8B6.6B5.9B7.8B
Net Invested Capital35.8B40.2B45.0B45.8B52.7B40.8B
Net Working Capital(15.5B)(14.8B)(7.4B)(8.4B)(9.7B)(10.2B)
Property Plant And Equipment Net37.9B38.7B32.6B33.1B29.8B28.5B
Short Term Investments455.1M90.9M69.2M62.8M56.5M53.7M
Property Plant And Equipment Gross46.2B48.3B29.8B46.4B41.7B34.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Guanghui Stock

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