TianJin Income Before Tax vs Operating Income Analysis

603712 Stock   20.00  1.21  5.70%   
TianJin 712 financial indicator trend analysis is much more than just breaking down TianJin 712 Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TianJin 712 Communication is a good investment. Please check the relationship between TianJin 712 Income Before Tax and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TianJin 712 Communication. 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 Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TianJin 712 Communication Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between TianJin 712's Income Before Tax and Operating Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of TianJin 712 Communication, assuming nothing else is changed. The correlation between historical values of TianJin 712's Income Before Tax and Operating Income 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 TianJin 712 Communication are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., TianJin 712's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on TianJin 712 income statement and is an important metric when analyzing TianJin 712 Communication 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.

Operating Income

Operating Income is the amount of profit realized from TianJin 712 Communication operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TianJin 712 Communication is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from TianJin 712's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TianJin 712 Communication 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 TianJin 712 Communication. 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 December 19, 2024, Selling General Administrative is expected to decline to about 143.5 M. The current year's Tax Provision is expected to grow to about (40.8 M)
 2021 2022 2023 2024 (projected)
Operating Income647.0M826.4M470.5M439.8M
Total Revenue3.5B4.0B3.3B2.5B

TianJin 712 fundamental ratios Correlations

0.270.980.990.830.711.00.890.920.610.950.970.781.00.920.80.90.860.990.920.230.210.3-0.70.99-0.88
0.270.40.21-0.03-0.110.310.090.13-0.220.10.45-0.120.330.450.440.050.20.310.060.48-0.710.48-0.730.21-0.4
0.980.40.960.790.650.990.840.870.540.91.00.760.990.950.810.830.870.970.870.270.080.34-0.770.97-0.89
0.990.210.960.830.750.980.910.920.630.970.950.770.980.890.780.920.830.990.930.210.260.29-0.660.99-0.87
0.83-0.030.790.830.710.820.660.840.910.80.780.710.820.810.570.880.90.810.93-0.050.6-0.05-0.550.86-0.67
0.71-0.110.650.750.710.730.590.850.560.660.620.80.680.480.170.770.70.740.850.060.47-0.26-0.380.78-0.42
1.00.310.990.980.820.730.860.920.570.930.980.81.00.910.770.890.880.980.920.240.160.27-0.720.99-0.86
0.890.090.840.910.660.590.860.750.520.920.820.650.870.760.790.760.570.880.770.410.290.43-0.540.88-0.83
0.920.130.870.920.840.850.920.750.660.870.850.810.90.770.580.970.880.920.970.040.33-0.01-0.550.93-0.65
0.61-0.220.540.630.910.560.570.520.660.630.530.50.590.620.410.750.670.580.78-0.130.78-0.19-0.330.64-0.44
0.950.10.90.970.80.660.930.920.870.630.890.70.930.850.820.90.750.950.880.10.30.35-0.550.94-0.86
0.970.451.00.950.780.620.980.820.850.530.890.710.990.950.820.820.860.960.850.280.040.36-0.80.96-0.9
0.78-0.120.760.770.710.80.80.650.810.50.70.710.780.590.370.730.810.720.790.00.33-0.13-0.280.81-0.5
1.00.330.990.980.820.681.00.870.90.590.930.990.780.940.810.880.870.980.90.250.150.31-0.720.98-0.88
0.920.450.950.890.810.480.910.760.770.620.850.950.590.940.870.790.840.90.810.260.090.45-0.80.89-0.91
0.80.440.810.780.570.170.770.790.580.410.820.820.370.810.870.650.570.780.590.26-0.060.66-0.630.73-0.88
0.90.050.830.920.880.770.890.760.970.750.90.820.730.880.790.650.850.90.97-0.030.430.02-0.490.9-0.67
0.860.20.870.830.90.70.880.570.880.670.750.860.810.870.840.570.850.830.89-0.10.27-0.03-0.610.88-0.67
0.990.310.970.990.810.740.980.880.920.580.950.960.720.980.90.780.90.830.920.250.190.31-0.740.98-0.88
0.920.060.870.930.930.850.920.770.970.780.880.850.790.90.810.590.970.890.920.090.48-0.01-0.580.94-0.69
0.230.480.270.21-0.050.060.240.410.04-0.130.10.280.00.250.260.26-0.03-0.10.250.09-0.20.45-0.480.22-0.31
0.21-0.710.080.260.60.470.160.290.330.780.30.040.330.150.09-0.060.430.270.190.48-0.2-0.470.140.28-0.01
0.30.480.340.29-0.05-0.260.270.43-0.01-0.190.350.36-0.130.310.450.660.02-0.030.31-0.010.45-0.47-0.40.22-0.64
-0.7-0.73-0.77-0.66-0.55-0.38-0.72-0.54-0.55-0.33-0.55-0.8-0.28-0.72-0.8-0.63-0.49-0.61-0.74-0.58-0.480.14-0.4-0.690.78
0.990.210.970.990.860.780.990.880.930.640.940.960.810.980.890.730.90.880.980.940.220.280.22-0.69-0.86
-0.88-0.4-0.89-0.87-0.67-0.42-0.86-0.83-0.65-0.44-0.86-0.9-0.5-0.88-0.91-0.88-0.67-0.67-0.88-0.69-0.31-0.01-0.640.78-0.86
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TianJin 712 Account Relationship Matchups

TianJin 712 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.9B8.6B9.8B9.8B6.3B
Other Current Liab690.9M1.2B1.4B36.6M87.2M82.8M
Total Current Liabilities2.8B3.7B4.9B5.0B4.2B3.2B
Total Stockholder Equity2.6B3.0B3.6B4.3B4.7B2.9B
Other Liab17.5M17.8M21.7M48.3M55.5M58.3M
Retained Earnings851.4M1.3B1.9B2.3B2.7B1.4B
Accounts Payable1.6B2.3B3.2B3.5B3.2B1.9B
Cash530.1M798.2M397.4M894.0M999.1M576.8M
Other Assets35.1M36.2M44.9M74.0M85.1M44.8M
Long Term Debt183M100M44M400.3M746.5M783.8M
Net Receivables1.8B1.6B2.0B2.8B3.3B1.8B
Inventory2.4B2.8B3.7B3.5B3.1B2.5B
Other Current Assets23.9M53.5M109.4M270.4M119.0M74.6M
Total Liab2.9B3.9B5.0B5.4B5.0B3.4B
Intangible Assets53.5M59.0M65.7M60.8M60.8M60.7M
Property Plant Equipment554.7M579.8M580.8M733.9M844.0M644.6M
Net Tangible Assets2.2B2.5B2.9B3.6B4.1B2.6B
Non Current Assets Total716.9M825.7M1.0B1.0B1.2B945.6M
Non Currrent Assets Other9.1M590.1M1.3M11.3M47.1M44.7M
Non Current Liabilities Total61.8M121.7M86.4M458.0M792.5M832.1M
Deferred Long Term Liab15.7M12.3M15.1M5.0M5.8M5.5M
Short Long Term Debt320M170M110M366.2M300.2M243.1M
Total Current Assets4.7B6.0B7.5B8.8B8.6B6.2B
Net Invested Capital2.9B3.3B3.7B5.1B5.7B4.0B
Net Working Capital1.9B2.3B2.7B3.8B4.4B2.8B

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Other Information on Investing in TianJin Stock

Balance Sheet is a snapshot of the financial position of TianJin 712 Communication at a specified time, usually calculated after every quarter, six months, or one year. TianJin 712 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TianJin 712 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 TianJin currently owns. An asset can also be divided into two categories, current and non-current.