603688 Stock | | | 29.08 0.41 1.39% |
Jiangsu Pacific financial indicator trend analysis is infinitely more than just investigating Jiangsu Pacific Quartz recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Pacific Quartz is a good investment. Please check the relationship between Jiangsu Pacific Total Revenue and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Pacific Quartz. 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.
Total Revenue vs Income Tax Expense
Total Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Pacific Quartz Total Revenue account and
Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangsu Pacific's Total Revenue and Income Tax Expense is 0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Jiangsu Pacific Quartz, assuming nothing else is changed. The correlation between historical values of Jiangsu Pacific's Total Revenue and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Jiangsu Pacific Quartz are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Revenue i.e., Jiangsu Pacific's Total Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Jiangsu Pacific Quartz 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.
Income Tax Expense
Most indicators from Jiangsu Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Pacific Quartz 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 Jiangsu Pacific Quartz. 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
Tax Provision is expected to grow to about 913.3
M, whereas
Selling General Administrative is forecasted to decline to about 35.5
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 295.1M | 1.2B | 5.9B | 6.2B | Total Revenue | 960.7M | 2.0B | 7.2B | 7.5B |
Jiangsu Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Pacific fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Pacific Quartz at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Pacific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Pacific 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.