Soochow Income Tax Expense vs Selling General Administrative Analysis

601555 Stock   8.08  0.01  0.12%   
Soochow Securities financial indicator trend analysis is much more than just breaking down Soochow Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soochow Securities is a good investment. Please check the relationship between Soochow Securities Income Tax Expense and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Soochow Securities 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 Tax Expense vs Selling General Administrative

Income Tax Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soochow Securities Income Tax Expense account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Soochow Securities' Income Tax Expense and Selling General Administrative is 0.4. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Soochow Securities Co, assuming nothing else is changed. The correlation between historical values of Soochow Securities' Income Tax Expense 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 Tax Expense of Soochow Securities 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 Tax Expense i.e., Soochow Securities' Income Tax Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Selling General Administrative

Most indicators from Soochow Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soochow Securities 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 Soochow Securities 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 December 23, 2024, Selling General Administrative is expected to decline to about 946.1 M. In addition to that, Tax Provision is expected to decline to about 477.2 M
 2023 2024 (projected)
Operating Income709.8M1.4B
Total Revenue11.2B11.7B

Soochow Securities fundamental ratios Correlations

0.87-0.330.77-0.290.860.350.881.00.570.810.870.860.840.380.70.810.60.78-0.730.820.880.810.20.20.47
0.87-0.340.83-0.290.860.210.740.850.620.980.810.880.850.320.850.920.780.92-0.710.860.90.920.150.150.62
-0.33-0.34-0.17-0.36-0.570.340.04-0.290.23-0.36-0.49-0.06-0.28-0.48-0.66-0.55-0.67-0.580.17-0.45-0.42-0.560.30.3-0.6
0.770.83-0.17-0.370.680.490.840.770.450.740.570.840.910.40.530.620.430.62-0.70.630.670.640.280.280.38
-0.29-0.29-0.36-0.37-0.11-0.41-0.4-0.29-0.55-0.25-0.27-0.32-0.29-0.12-0.04-0.080.01-0.080.2-0.11-0.16-0.09-0.12-0.12-0.01
0.860.86-0.570.68-0.11-0.040.590.820.460.840.920.710.660.350.850.920.810.88-0.690.890.840.910.020.020.62
0.350.210.340.49-0.41-0.040.660.390.140.120.050.510.53-0.1-0.19-0.07-0.22-0.12-0.260.070.07-0.070.210.21-0.21
0.880.740.040.84-0.40.590.660.910.590.650.60.90.860.320.40.530.280.5-0.680.590.690.540.30.30.24
1.00.85-0.290.77-0.290.820.390.910.560.790.840.860.850.390.660.770.560.75-0.720.790.870.780.220.220.44
0.570.620.230.45-0.550.460.140.590.560.630.570.720.360.150.460.490.440.48-0.330.470.470.490.050.050.33
0.810.98-0.360.74-0.250.840.120.650.790.630.80.840.780.270.890.950.850.94-0.640.880.880.950.090.090.67
0.870.81-0.490.57-0.270.920.050.60.840.570.80.710.580.230.820.870.80.82-0.570.870.780.85-0.01-0.010.57
0.860.88-0.060.84-0.320.710.510.90.860.720.840.710.830.190.590.710.550.67-0.680.750.730.70.210.210.38
0.840.85-0.280.91-0.290.660.530.860.850.360.780.580.830.450.570.680.460.68-0.770.690.810.70.250.250.38
0.380.32-0.480.4-0.120.35-0.10.320.390.150.270.230.190.450.410.260.280.38-0.190.150.420.36-0.07-0.070.56
0.70.85-0.660.53-0.040.85-0.190.40.660.460.890.820.590.570.410.950.970.97-0.390.810.810.97-0.03-0.030.87
0.810.92-0.550.62-0.080.92-0.070.530.770.490.950.870.710.680.260.950.910.98-0.630.930.910.990.050.050.7
0.60.78-0.670.430.010.81-0.220.280.560.440.850.80.550.460.280.970.910.9-0.330.810.70.9-0.15-0.150.83
0.780.92-0.580.62-0.080.88-0.120.50.750.480.940.820.670.680.380.970.980.9-0.550.860.90.990.090.090.77
-0.73-0.710.17-0.70.2-0.69-0.26-0.68-0.72-0.33-0.64-0.57-0.68-0.77-0.19-0.39-0.63-0.33-0.55-0.72-0.74-0.59-0.04-0.04-0.03
0.820.86-0.450.63-0.110.890.070.590.790.470.880.870.750.690.150.810.930.810.86-0.720.890.90.10.10.53
0.880.9-0.420.67-0.160.840.070.690.870.470.880.780.730.810.420.810.910.70.9-0.740.890.920.240.240.58
0.810.92-0.560.64-0.090.91-0.070.540.780.490.950.850.70.70.360.970.990.90.99-0.590.90.920.090.090.76
0.20.150.30.28-0.120.020.210.30.220.050.09-0.010.210.25-0.07-0.030.05-0.150.09-0.040.10.240.091.0-0.03
0.20.150.30.28-0.120.020.210.30.220.050.09-0.010.210.25-0.07-0.030.05-0.150.09-0.040.10.240.091.0-0.03
0.470.62-0.60.38-0.010.62-0.210.240.440.330.670.570.380.380.560.870.70.830.77-0.030.530.580.76-0.03-0.03
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Soochow Securities Account Relationship Matchups

Soochow Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets96.2B105.5B124.3B136.0B157.5B165.4B
Total Stockholder Equity21.0B27.9B37.1B38.0B39.7B19.9B
Other Liab12.1B2.0B848.7M807.8M727.0M690.7M
Retained Earnings6.1B7.3B9.0B5.1B5.7B4.4B
Accounts Payable30M193.7M508.8M684.9M404.6M384.3M
Cash24.1B48.7B67.2B57.0B57.3B60.1B
Other Assets2.6B1.4B2.3B1.4B1.6B1.9B
Total Liab75.0B77.3B86.8B97.4B117.2B123.1B
Intangible Assets187.4M230.9M240.7M260.5M292.7M205.2M
Property Plant Equipment674.4M676.0M1.5B1.9B2.1B2.3B
Good Will149.9M315.8M307.7M322.7M325.2M225.3M
Other Current Liab5.7B2.7B1.1B1.4B1.6B1.7B
Total Current Liabilities30.5B54.5B60.7B74.6B85.8B53.7B
Net Tangible Assets20.6B27.3B36.6B37.1B42.7B27.2B
Net Receivables8.1B11.9B18.4B20.4B23.5B14.1B
Other Current Assets11.6B17.8B17.9B26.9B30.9B17.5B
Other Stockholder Equity(363.4M)125.5M10.2M(88.0M)(79.2M)(75.3M)
Deferred Long Term Liab42.9M37.2M48.3M47.4M54.5M46.6M
Long Term Investments48.6B46.0B50.4B73.5B93.1B54.2B
Total Current Assets68.0B83.1B90.3B111.3B128.0B89.2B
Net Invested Capital54.5B64.4B65.1B75.9B82.1B69.5B

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Other Information on Investing in Soochow Stock

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