Hunan Income Tax Expense vs Net Income From Continuing Ops Analysis

603319 Stock   24.80  0.71  2.95%   
Hunan Oil financial indicator trend analysis is much more than just examining Hunan Oil Pump latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Oil Pump is a good investment. Please check the relationship between Hunan Oil Income Tax Expense and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Oil Pump. 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 Tax Expense vs Net Income From Continuing Ops

Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Oil Pump Income Tax Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hunan Oil's Income Tax Expense and Net Income From Continuing Ops is 0.13. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Hunan Oil Pump, assuming nothing else is changed. The correlation between historical values of Hunan Oil's Income Tax Expense and Net Income From Continuing Ops 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 Hunan Oil Pump are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Tax Expense i.e., Hunan Oil's Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Net Income From Continuing Ops

Most indicators from Hunan Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Oil Pump 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 Hunan Oil Pump. 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 January 21, 2025, Selling General Administrative is expected to decline to about 51.7 M. In addition to that, Tax Provision is expected to decline to about 16.8 M
 2022 2023 2024 2025 (projected)
Operating Income203.9M269.6M310.1M325.6M
Total Revenue1.6B1.9B2.2B2.3B

Hunan Oil fundamental ratios Correlations

0.680.880.990.830.990.890.590.920.890.960.88-0.050.880.620.970.990.920.930.890.740.90.820.930.80.85
0.680.760.670.640.660.740.650.50.530.480.790.00.760.290.670.670.790.70.420.840.690.710.810.330.73
0.880.760.850.960.860.980.680.720.710.790.950.190.990.60.80.880.960.950.660.70.910.90.960.780.99
0.990.670.850.791.00.880.570.930.90.960.87-0.120.860.620.970.990.920.920.90.750.890.780.910.80.81
0.830.640.960.790.810.920.640.690.690.760.890.350.960.70.730.840.880.910.620.560.920.920.890.820.98
0.990.660.861.00.810.880.540.940.910.970.88-0.070.860.640.980.990.910.930.90.750.90.790.910.810.82
0.890.740.980.880.920.880.630.760.740.810.970.090.980.610.830.890.970.970.710.750.920.830.960.790.96
0.590.650.680.570.640.540.630.350.340.390.520.110.650.430.440.560.670.530.260.30.570.710.690.350.69
0.920.50.720.930.690.940.760.350.960.950.8-0.220.750.610.960.920.810.870.980.690.880.610.80.770.68
0.890.530.710.90.690.910.740.340.960.920.79-0.180.740.680.910.90.80.850.910.640.840.640.780.80.69
0.960.480.790.960.760.970.810.390.950.920.81-0.060.80.620.950.960.830.890.940.650.850.720.820.860.76
0.880.790.950.870.890.880.970.520.80.790.810.020.970.590.860.880.970.980.750.840.940.780.960.760.92
-0.050.00.19-0.120.35-0.070.090.11-0.22-0.18-0.060.020.160.13-0.170.02-0.04-0.01-0.3-0.260.050.45-0.040.140.28
0.880.760.990.860.960.860.980.650.750.740.80.970.160.620.820.880.960.970.70.720.950.880.970.780.98
0.620.290.60.620.70.640.610.430.610.680.620.590.130.620.510.680.650.650.510.240.710.610.560.860.62
0.970.670.80.970.730.980.830.440.960.910.950.86-0.170.820.510.960.870.910.940.820.870.710.880.730.76
0.990.670.880.990.840.990.890.560.920.90.960.880.020.880.680.960.910.930.870.720.910.840.90.840.85
0.920.790.960.920.880.910.970.670.810.80.830.97-0.040.960.650.870.910.970.750.780.930.810.980.780.93
0.930.70.950.920.910.930.970.530.870.850.890.98-0.010.970.650.910.930.970.830.780.970.80.970.840.93
0.890.420.660.90.620.90.710.260.980.910.940.75-0.30.70.510.940.870.750.830.680.820.520.760.730.61
0.740.840.70.750.560.750.750.30.690.640.650.84-0.260.720.240.820.720.780.780.680.720.510.80.430.63
0.90.690.910.890.920.90.920.570.880.840.850.940.050.950.710.870.910.930.970.820.720.80.930.810.9
0.820.710.90.780.920.790.830.710.610.640.720.780.450.880.610.710.840.810.80.520.510.80.830.720.93
0.930.810.960.910.890.910.960.690.80.780.820.96-0.040.970.560.880.90.980.970.760.80.930.830.720.93
0.80.330.780.80.820.810.790.350.770.80.860.760.140.780.860.730.840.780.840.730.430.810.720.720.78
0.850.730.990.810.980.820.960.690.680.690.760.920.280.980.620.760.850.930.930.610.630.90.930.930.78
Click cells to compare fundamentals

Hunan Oil Account Relationship Matchups

Hunan Oil fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.6B2.8B3.0B3.5B3.6B
Other Current Liab38.6M87.9M77.5M41.4M47.6M31.7M
Total Current Liabilities886.7M970.5M888.7M976.4M1.1B600.0M
Total Stockholder Equity1.3B1.4B1.6B1.7B2.0B2.1B
Other Liab73.2M67.6M63.9M67.4M77.6M47.0M
Retained Earnings674.3M813.9M925.8M970.2M1.1B1.2B
Accounts Payable355.4M404.0M382.8M445.3M512.1M258.9M
Cash502.4M311.6M270.2M155.8M179.1M176.0M
Other Assets30.1M49.0M33.1M117.5M135.2M141.9M
Long Term Debt128.0M115.6M225.5M201.5M231.7M243.3M
Net Receivables389.9M379.8M515.6M656.0M754.4M792.1M
Inventory258.1M375.8M400.4M415.3M477.6M241.6M
Other Current Assets26.8M39.8M31.7M10.1M11.6M11.0M
Total Liab1.1B1.2B1.2B1.3B1.4B756.2M
Intangible Assets72.1M64.4M68.8M65.0M74.8M63.6M
Common Stock104.9M115.1M160.6M208.8M240.1M252.1M
Property Plant Equipment616.4M663.4M802.2M869.2M999.5M1.0B
Net Tangible Assets741.7M1.2B1.4B1.5B1.7B965.1M
Non Current Assets Total925.7M1.0B1.2B1.4B1.6B956.7M
Non Currrent Assets Other36.0M17.5M93.3M134.3M154.4M162.2M
Non Current Liabilities Total195.5M191.7M297.7M281.1M323.3M192.1M
Short Long Term Debt355.6M398.6M361.9M272.3M313.2M314.0M
Total Current Assets1.5B1.6B1.6B1.6B1.9B1.2B
Non Current Liabilities Other17.4M17.1M16.1M21.0M24.2M19.4M
Deferred Long Term Liab952.0K663.8K486.8K309.8K278.8K440.2K
Net Invested Capital1.8B2.0B2.1B2.2B2.5B1.8B
Net Working Capital594.0M608.4M684.4M658.7M757.5M495.3M
Capital Stock115.1M160.6M208.8M208.1M239.3M161.0M
Property Plant And Equipment Net663.4M802.2M869.2M999.2M1.1B869.1M
Property Plant And Equipment Gross1.1B1.2B1.4B1.6B1.8B1.4B

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Other Information on Investing in Hunan Stock

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