Qianhe Selling General Administrative vs Income Before Tax Analysis

603027 Stock

10.77 0.27 2.45%

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

Selling General Administrative vs Income Before Tax

Selling General Administrative vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qianhe CondimentFood Selling General Administrative account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Qianhe CondimentFood's Selling General Administrative and Income Before Tax is 0.94. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Qianhe CondimentFood Co, assuming nothing else is changed. The correlation between historical values of Qianhe CondimentFood's Selling General Administrative 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 Selling General Administrative of Qianhe CondimentFood 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 Selling General Administrative i.e., Qianhe CondimentFood's Selling General Administrative and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Selling General Administrative

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Qianhe CondimentFood income statement and is an important metric when analyzing Qianhe CondimentFood 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 Qianhe CondimentFood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qianhe CondimentFood 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 Qianhe CondimentFood 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 558.7 M. The current year's Tax Provision is expected to grow to about 119.3 M

	2022	2023	2024	2025 (projected)
Operating Income	408.7M	592.4M	681.3M	715.4M
Total Revenue	2.4B	3.2B	3.7B	3.9B

Operating Income Total Revenue

Qianhe CondimentFood fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Deferred Long Term Liab	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.56	0.9	1.0	0.74	0.99	0.96	0.92	0.57	-0.08	0.74	0.99	0.1	0.74	0.79	0.94	0.96	0.87	0.99	0.9	0.73	-0.13	0.2	-0.79	0.86	0.9
Other Current Liab	0.56		0.78	0.51	0.63	0.57	0.65	0.31	0.43	-0.16	0.83	0.56	0.33	0.82	0.6	0.63	0.65	0.71	0.54	0.64	0.31	0.48	0.17	-0.48	0.63	0.56
Total Current Liabilities	0.9	0.78		0.87	0.7	0.89	0.97	0.79	0.45	-0.01	0.75	0.88	0.25	0.87	0.69	0.85	0.89	0.8	0.9	0.82	0.54	0.03	0.17	-0.73	0.85	0.81
Total Stockholder Equity	1.0	0.51	0.87		0.74	0.99	0.94	0.92	0.58	-0.09	0.71	0.99	0.04	0.69	0.79	0.94	0.95	0.86	0.99	0.9	0.75	-0.18	0.15	-0.8	0.85	0.89
Other Liab	0.74	0.63	0.7	0.74		0.79	0.68	0.51	0.8	-0.07	0.84	0.79	-0.03	0.68	0.9	0.86	0.83	0.93	0.69	0.91	0.79	0.18	-0.04	-0.84	0.79	0.83
Retained Earnings	0.99	0.57	0.89	0.99	0.79		0.94	0.88	0.63	-0.07	0.77	0.99	0.09	0.73	0.82	0.97	0.98	0.9	0.98	0.92	0.74	-0.08	0.19	-0.82	0.84	0.89
Accounts Payable	0.96	0.65	0.97	0.94	0.68	0.94		0.89	0.45	0.01	0.71	0.94	0.18	0.81	0.71	0.88	0.92	0.81	0.96	0.85	0.62	-0.12	0.18	-0.74	0.87	0.86
Cash	0.92	0.31	0.79	0.92	0.51	0.88	0.89		0.3	-0.1	0.43	0.88	0.0	0.58	0.57	0.76	0.78	0.65	0.95	0.76	0.63	-0.46	0.1	-0.66	0.82	0.84
Other Assets	0.57	0.43	0.45	0.58	0.8	0.63	0.45	0.3		0.09	0.75	0.58	0.04	0.46	0.82	0.71	0.68	0.75	0.51	0.67	0.81	0.43	0.15	-0.64	0.42	0.56
Long Term Debt	-0.08	-0.16	-0.01	-0.09	-0.07	-0.07	0.01	-0.1	0.09		0.0	-0.1	0.26	0.05	0.02	-0.15	-0.04	-0.07	-0.11	-0.15	-0.07	0.05	0.18	0.15	-0.15	-0.13
Net Receivables	0.74	0.83	0.75	0.71	0.84	0.77	0.71	0.43	0.75	0.0		0.74	0.26	0.82	0.91	0.83	0.86	0.91	0.68	0.84	0.61	0.44	0.33	-0.61	0.67	0.73
Inventory	0.99	0.56	0.88	0.99	0.79	0.99	0.94	0.88	0.58	-0.1	0.74		0.04	0.7	0.79	0.97	0.97	0.88	0.97	0.91	0.71	-0.15	0.1	-0.85	0.87	0.89
Other Current Assets	0.1	0.33	0.25	0.04	-0.03	0.09	0.18	0.0	0.04	0.26	0.26	0.04		0.53	0.01	0.08	0.15	0.2	0.11	0.06	-0.13	0.5	0.79	0.0	0.0	0.07
Total Liab	0.74	0.82	0.87	0.69	0.68	0.73	0.81	0.58	0.46	0.05	0.82	0.7	0.53		0.72	0.7	0.77	0.81	0.73	0.81	0.49	0.29	0.47	-0.53	0.76	0.79
Intangible Assets	0.79	0.6	0.69	0.79	0.9	0.82	0.71	0.57	0.82	0.02	0.91	0.79	0.01	0.72		0.84	0.86	0.91	0.73	0.92	0.78	0.18	0.2	-0.63	0.74	0.84
Common Stock	0.94	0.63	0.85	0.94	0.86	0.97	0.88	0.76	0.71	-0.15	0.83	0.97	0.08	0.7	0.84		0.98	0.93	0.91	0.91	0.75	0.06	0.14	-0.88	0.81	0.85
Property Plant Equipment	0.96	0.65	0.89	0.95	0.83	0.98	0.92	0.78	0.68	-0.04	0.86	0.97	0.15	0.77	0.86	0.98		0.93	0.93	0.91	0.72	0.07	0.24	-0.82	0.8	0.85
Net Tangible Assets	0.87	0.71	0.8	0.86	0.93	0.9	0.81	0.65	0.75	-0.07	0.91	0.88	0.2	0.81	0.91	0.93	0.93		0.83	0.96	0.78	0.19	0.21	-0.82	0.84	0.9
Total Current Assets	0.99	0.54	0.9	0.99	0.69	0.98	0.96	0.95	0.51	-0.11	0.68	0.97	0.11	0.73	0.73	0.91	0.93	0.83		0.88	0.71	-0.19	0.19	-0.78	0.87	0.9
Non Current Assets Total	0.9	0.64	0.82	0.9	0.91	0.92	0.85	0.76	0.67	-0.15	0.84	0.91	0.06	0.81	0.92	0.91	0.91	0.96	0.88		0.79	0.0	0.15	-0.78	0.92	0.97
Non Currrent Assets Other	0.73	0.31	0.54	0.75	0.79	0.74	0.62	0.63	0.81	-0.07	0.61	0.71	-0.13	0.49	0.78	0.75	0.72	0.78	0.71	0.79		0.05	0.01	-0.72	0.65	0.77
Short Term Investments	-0.13	0.48	0.03	-0.18	0.18	-0.08	-0.12	-0.46	0.43	0.05	0.44	-0.15	0.5	0.29	0.18	0.06	0.07	0.19	-0.19	0.0	0.05		0.44	0.04	-0.24	-0.16
Non Current Liabilities Total	0.2	0.17	0.17	0.15	-0.04	0.19	0.18	0.1	0.15	0.18	0.33	0.1	0.79	0.47	0.2	0.14	0.24	0.21	0.19	0.15	0.01	0.44		0.17	-0.07	0.13
Deferred Long Term Liab	-0.79	-0.48	-0.73	-0.8	-0.84	-0.82	-0.74	-0.66	-0.64	0.15	-0.61	-0.85	0.0	-0.53	-0.63	-0.88	-0.82	-0.82	-0.78	-0.78	-0.72	0.04	0.17		-0.76	-0.74
Common Stock Shares Outstanding	0.86	0.63	0.85	0.85	0.79	0.84	0.87	0.82	0.42	-0.15	0.67	0.87	0.0	0.76	0.74	0.81	0.8	0.84	0.87	0.92	0.65	-0.24	-0.07	-0.76		0.95
Net Invested Capital	0.9	0.56	0.81	0.89	0.83	0.89	0.86	0.84	0.56	-0.13	0.73	0.89	0.07	0.79	0.84	0.85	0.85	0.9	0.9	0.97	0.77	-0.16	0.13	-0.74	0.95

Click cells to compare fundamentals

Qianhe CondimentFood Account Relationship Matchups

Qianhe CondimentFood fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.2B	2.4B	3.2B	4.3B	4.9B	5.2B
Other Current Liab	65.4M	88.7M	355.6M	118.6M	136.4M	87.8M
Total Current Liabilities	238.8M	275.7M	776.1M	563.2M	647.6M	680.0M
Total Stockholder Equity	1.9B	2.1B	2.4B	3.7B	4.2B	4.4B
Other Liab	18.7M	29.7M	48.8M	47.5M	54.6M	28.4M
Retained Earnings	916.8M	1.1B	1.2B	1.6B	1.8B	1.9B
Accounts Payable	71.6M	85.6M	193.0M	192.4M	221.3M	232.3M
Cash	117.5M	197.0M	409.3M	1.6B	1.8B	1.9B
Other Assets	17.2M	28.5M	51.5M	28.0M	32.2M	21.9M
Net Receivables	124.1M	145.4M	200.2M	136.8M	157.4M	99.5M
Inventory	395.0M	585.3M	595.3M	748.7M	861.0M	904.0M
Other Current Assets	23.5M	41.0M	150.1M	20.5M	23.6M	22.4M
Total Liab	287.6M	323.6M	818.6M	615.4M	707.7M	366.5M
Intangible Assets	105.3M	103.3M	97.7M	123.8M	142.4M	77.0M
Common Stock	326.2M	465.9M	665.7M	798.8M	918.6M	964.5M
Property Plant Equipment	890.7M	967.1M	1.1B	1.2B	1.4B	1.5B
Net Tangible Assets	1.4B	1.8B	2.0B	2.3B	2.6B	1.5B
Total Current Assets	1.1B	1.1B	1.8B	2.5B	2.9B	3.1B
Non Current Assets Total	1.1B	1.3B	1.4B	1.7B	2.0B	1.2B
Non Currrent Assets Other	32.7M	10.0M	13.7M	27.5M	31.6M	17.9M
Short Term Investments	390M	160M	410M	10M	11.5M	10.9M
Non Current Liabilities Total	48.8M	47.9M	42.4M	52.3M	47.0M	72.7M
Common Stock Shares Outstanding	665.7M	798.8M	965.5M	1.0B	1.2B	846.7M
Net Invested Capital	1.9B	2.1B	2.4B	3.7B	4.2B	2.3B
Net Working Capital	822.9M	863.5M	1.0B	2.0B	2.3B	2.4B
Capital Stock	665.7M	798.8M	965.5M	1.0B	1.2B	779.1M
Property Plant And Equipment Net	967.1M	1.1B	1.2B	1.5B	1.8B	1.3B
Property Plant And Equipment Gross	1.3B	1.5B	1.2B	2.2B	2.5B	1.6B

Currently Active Assets on Macroaxis

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin
ADA	Cardano
XRP	XRP

Other Information on Investing in Qianhe Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Qianhe Selling General Administrative vs Income Before Tax Analysis

Selling General Administrative vs Income Before Tax

Selling General Administrative vs Income Before Tax Correlation Analysis

Correlation Coefficient

Selling General Administrative

Income Before Tax

Qianhe CondimentFood fundamental ratios Correlations

Qianhe CondimentFood Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qianhe CondimentFood fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Qianhe Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Total Stockholder Equity

Deferred Long Term Liab	- 0.88	Common Stock
Deferred Long Term Liab	- 0.85	Inventory
Deferred Long Term Liab	- 0.84	Other Liab
Deferred Long Term Liab	- 0.82	Net Tangible Assets
Deferred Long Term Liab	- 0.82	Property Plant Equipment
Deferred Long Term Liab	- 0.82	Retained Earnings