Guanghui Tax Provision vs Total Revenue Analysis

600256 Stock   6.47  0.02  0.31%   
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 Tax Provision and its Total Revenue 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.

Tax Provision vs Total Revenue

Tax Provision vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guanghui Energy Tax Provision account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guanghui Energy's Tax Provision and Total Revenue is 0.86. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Revenue 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 Tax Provision and Total 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 Tax Provision of Guanghui Energy Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Tax Provision i.e., Guanghui Energy's Tax Provision and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Total Revenue

Total revenue comprises all receipts Guanghui Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 6, 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.