Sanan Income Before Tax vs Selling General Administrative Analysis

600703 Stock   12.46  0.14  1.14%   
Sanan Optoelectronics financial indicator trend analysis is much more than just breaking down Sanan Optoelectronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanan Optoelectronics is a good investment. Please check the relationship between Sanan Optoelectronics Income Before Tax and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sanan Optoelectronics 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 board of governors.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanan Optoelectronics Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Sanan Optoelectronics' Income Before Tax and Selling General Administrative is 0.04. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Sanan Optoelectronics Co, assuming nothing else is changed. The correlation between historical values of Sanan Optoelectronics' Income Before Tax and Selling General Administrative 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 Sanan Optoelectronics Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Sanan Optoelectronics' Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

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

Selling General Administrative

Most indicators from Sanan Optoelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanan Optoelectronics 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 Sanan Optoelectronics 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 board of governors.
As of March 4, 2025, Selling General Administrative is expected to decline to about 170.6 M. In addition to that, Tax Provision is expected to decline to about 92.4 M
 2022 2023 2024 2025 (projected)
Cost Of Revenue10.9B12.6B14.5B15.2B
Total Revenue13.2B14.1B16.2B17.0B

Sanan Optoelectronics fundamental ratios Correlations

0.370.970.990.960.960.90.940.790.590.980.040.980.980.930.990.92-0.40.890.880.470.87-0.750.830.890.45
0.370.390.340.310.250.060.450.180.040.410.680.40.380.330.410.430.340.510.36-0.490.4-0.390.360.260.13
0.970.390.940.970.980.820.920.770.510.970.060.990.950.830.980.85-0.480.870.880.50.87-0.70.890.890.48
0.990.340.940.930.940.910.940.750.620.970.020.940.990.950.970.94-0.370.880.870.460.87-0.780.80.870.46
0.960.310.970.930.960.850.860.820.430.960.00.990.920.810.980.8-0.460.880.880.510.81-0.640.810.880.35
0.960.250.980.940.960.840.880.770.530.96-0.060.960.940.840.970.85-0.510.820.870.630.86-0.710.850.880.43
0.90.060.820.910.850.840.790.750.580.84-0.170.830.860.870.850.79-0.450.760.780.560.7-0.570.690.840.33
0.940.450.920.940.860.880.790.640.640.930.090.90.960.90.910.95-0.40.830.810.370.9-0.820.880.820.69
0.790.180.770.750.820.770.750.640.570.70.060.830.690.730.790.6-0.380.560.620.50.49-0.40.610.670.24
0.590.040.510.620.430.530.580.640.570.510.130.50.610.770.510.73-0.220.230.360.450.5-0.620.50.390.65
0.980.410.970.970.960.960.840.930.70.510.070.970.980.890.980.92-0.370.920.90.440.91-0.790.850.890.47
0.040.680.060.020.0-0.06-0.170.090.060.130.070.080.020.10.040.150.550.09-0.04-0.490.05-0.130.09-0.110.1
0.980.40.990.940.990.960.830.90.830.50.970.080.940.840.990.84-0.440.880.880.470.83-0.680.850.880.42
0.980.380.950.990.920.940.860.960.690.610.980.020.940.940.970.96-0.380.880.870.450.91-0.820.820.860.51
0.930.330.830.950.810.840.870.90.730.770.890.10.840.940.880.97-0.240.740.760.420.81-0.80.730.770.52
0.990.410.980.970.980.970.850.910.790.510.980.040.990.970.880.88-0.390.90.890.450.86-0.730.820.880.39
0.920.430.850.940.80.850.790.950.60.730.920.150.840.960.970.88-0.250.780.780.350.89-0.90.780.770.6
-0.40.34-0.48-0.37-0.46-0.51-0.45-0.4-0.38-0.22-0.370.55-0.44-0.38-0.24-0.39-0.25-0.27-0.43-0.62-0.360.27-0.57-0.52-0.42
0.890.510.870.880.880.820.760.830.560.230.920.090.880.880.740.90.78-0.270.870.170.82-0.650.730.850.28
0.880.360.880.870.880.870.780.810.620.360.9-0.040.880.870.760.890.78-0.430.870.40.93-0.740.870.990.36
0.47-0.490.50.460.510.630.560.370.50.450.44-0.490.470.450.420.450.35-0.620.170.40.4-0.230.460.480.3
0.870.40.870.870.810.860.70.90.490.50.910.050.830.910.810.860.89-0.360.820.930.4-0.880.90.90.59
-0.75-0.39-0.7-0.78-0.64-0.71-0.57-0.82-0.4-0.62-0.79-0.13-0.68-0.82-0.8-0.73-0.90.27-0.65-0.74-0.23-0.88-0.74-0.7-0.62
0.830.360.890.80.810.850.690.880.610.50.850.090.850.820.730.820.78-0.570.730.870.460.9-0.740.890.68
0.890.260.890.870.880.880.840.820.670.390.89-0.110.880.860.770.880.77-0.520.850.990.480.9-0.70.890.39
0.450.130.480.460.350.430.330.690.240.650.470.10.420.510.520.390.6-0.420.280.360.30.59-0.620.680.39
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Sanan Optoelectronics Account Relationship Matchups

Sanan Optoelectronics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets39.0B47.5B58.4B57.7B66.3B69.6B
Other Current Liab787.7M2.9B906.3M539.5M620.5M457.2M
Total Current Liabilities4.8B8.7B11.7B10.2B11.7B12.3B
Total Stockholder Equity29.7B30.5B37.9B38.3B44.0B46.3B
Other Liab2.0B2.7B3.8B5.4B6.2B6.5B
Accounts Payable1.6B2.4B4.8B4.1B4.7B5.0B
Cash7.1B3.3B9.5B8.9B10.2B10.7B
Other Assets1.7B2.2B3.1B2.9B3.4B3.5B
Long Term Debt905.2M2.6B3.3B3.4B3.9B4.1B
Net Receivables2.3B2.5B3.2B3.3B3.8B4.0B
Inventory4.2B4.6B5.8B5.3B6.1B6.4B
Other Current Assets835.4M1.7B992.6M309.6M356.1M548.1M
Total Liab9.3B17.1B20.4B19.4B22.3B23.4B
Intangible Assets4.7B5.1B5.6B6.1B7.0B7.4B
Property Plant Equipment14.1B16.3B24.5B28.0B32.1B33.8B
Retained Earnings11.5B12.2B12.4B11.5B13.2B13.9B
Good Will11.9M94.4M94.1M83.3M95.8M100.5M
Net Tangible Assets18.3B25.5B25.9B33.0B38.0B23.2B
Other Stockholder Equity29.6M(638.4K)(18.6M)34.3M30.9M32.4M
Deferred Long Term Liab727.5M850.9M788.3M987.4M1.1B645.9M
Short Long Term Debt1.2B2.3B4.0B2.8B3.2B1.8B
Total Current Assets16.2B15.0B22.1B21.3B24.5B16.0B
Non Current Assets Total22.8B32.5B36.3B36.4B41.8B26.2B
Non Currrent Assets Other1.1B2.0B1.6B1.3B1.5B1.4B
Non Current Liabilities Total4.5B8.4B8.8B9.2B10.6B6.4B
Non Current Liabilities Other441.7K43.6M40.7M52.3M47.1M44.7M
Net Invested Capital31.8B35.4B45.3B44.6B51.2B35.3B
Net Working Capital11.4B6.3B10.4B11.1B12.8B9.8B
Property Plant And Equipment Net16.3B24.5B28.0B27.5B31.7B24.3B
Property Plant And Equipment Gross24.7B34.0B28.0B41.2B47.3B32.8B

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Other Information on Investing in Sanan Stock

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