Guangdong Income Before Tax vs Tax Provision Analysis

603797 Stock

3.95 0.08 1.99%

Guangdong Liantai financial indicator trend analysis is much more than just examining Guangdong Liantai latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Liantai is a good investment. Please check the relationship between Guangdong Liantai Income Before Tax and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Liantai Environmental. 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 Before Tax vs Tax Provision

Income Before Tax vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Liantai Income Before Tax account and Tax Provision. At this time, the significance of the direction appears to have totally related.

The correlation between Guangdong Liantai's Income Before Tax and Tax Provision is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Guangdong Liantai Environmental, assuming nothing else is changed. The correlation between historical values of Guangdong Liantai's Income Before Tax and Tax Provision 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 Guangdong Liantai Environmental are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Before Tax i.e., Guangdong Liantai's Income Before Tax and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

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

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Guangdong Liantai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Liantai 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 Guangdong Liantai Environmental. 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 March 1, 2025, Tax Provision is expected to decline to about 41.2 M. In addition to that, Selling General Administrative is expected to decline to about 14.3 M

	2022	2023	2024	2025 (projected)
Gross Profit	639.7M	671.8M	772.5M	410.3M
Total Revenue	981.6M	1.4B	1.6B	1.7B

Gross Profit Total Revenue

Guangdong Liantai fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt
Total Assets		0.67	0.96	0.98	0.78	-0.42	0.98	0.89	0.86	1.0	0.74	0.94	1.0	0.75	1.0	0.92	0.96	1.0	0.38	0.54	0.91	0.08	0.92	1.0	-0.29	0.99
Other Current Liab	0.67		0.63	0.63	0.37	-0.5	0.57	0.74	0.88	0.68	0.91	0.65	0.69	0.27	0.69	0.42	0.78	0.68	0.51	0.04	0.59	-0.14	0.69	0.7	-0.28	0.62
Total Current Liabilities	0.96	0.63		0.9	0.88	-0.22	0.91	0.95	0.8	0.97	0.6	0.88	0.95	0.67	0.95	0.86	0.93	0.97	0.57	0.52	0.84	0.29	0.79	0.95	-0.05	0.95
Total Stockholder Equity	0.98	0.63	0.9		0.69	-0.49	0.99	0.8	0.83	0.97	0.76	0.94	0.98	0.8	0.98	0.96	0.92	0.97	0.25	0.56	0.92	-0.06	0.96	0.99	-0.43	0.98
Other Liab	0.78	0.37	0.88	0.69		0.03	0.7	0.88	0.59	0.8	0.3	0.7	0.77	0.51	0.78	0.69	0.75	0.81	0.5	0.44	0.65	0.66	0.53	0.75	0.21	0.78
Net Tangible Assets	-0.42	-0.5	-0.22	-0.49	0.03		-0.5	-0.13	-0.39	-0.39	-0.6	-0.5	-0.45	-0.54	-0.44	-0.42	-0.37	-0.39	0.24	-0.48	-0.54	0.64	-0.71	-0.43	0.85	-0.45
Retained Earnings	0.98	0.57	0.91	0.99	0.7	-0.5		0.78	0.76	0.97	0.7	0.92	0.97	0.82	0.97	0.96	0.9	0.97	0.25	0.63	0.92	-0.05	0.95	0.98	-0.41	0.99
Accounts Payable	0.89	0.74	0.95	0.8	0.88	-0.13	0.78		0.86	0.91	0.66	0.81	0.88	0.49	0.89	0.69	0.93	0.91	0.67	0.29	0.75	0.41	0.68	0.88	0.07	0.85
Cash	0.86	0.88	0.8	0.83	0.59	-0.39	0.76	0.86		0.87	0.89	0.83	0.87	0.48	0.87	0.67	0.9	0.86	0.44	0.19	0.77	0.01	0.8	0.87	-0.26	0.82
Non Current Assets Total	1.0	0.68	0.97	0.97	0.8	-0.39	0.97	0.91	0.87		0.73	0.94	1.0	0.73	1.0	0.91	0.96	1.0	0.41	0.53	0.91	0.12	0.9	1.0	-0.26	0.99
Non Currrent Assets Other	0.74	0.91	0.6	0.76	0.3	-0.6	0.7	0.66	0.89	0.73		0.72	0.76	0.43	0.75	0.56	0.82	0.72	0.27	0.08	0.69	-0.32	0.82	0.76	-0.51	0.69
Other Assets	0.94	0.65	0.88	0.94	0.7	-0.5	0.92	0.81	0.83	0.94	0.72		0.94	0.87	0.94	0.9	0.88	0.93	0.29	0.63	0.99	-0.03	0.89	0.93	-0.45	0.94
Long Term Debt	1.0	0.69	0.95	0.98	0.77	-0.45	0.97	0.88	0.87	1.0	0.76	0.94		0.75	1.0	0.92	0.96	1.0	0.37	0.54	0.91	0.06	0.93	1.0	-0.31	0.99
Net Receivables	0.75	0.27	0.67	0.8	0.51	-0.54	0.82	0.49	0.48	0.73	0.43	0.87	0.75		0.75	0.86	0.63	0.73	0.05	0.86	0.92	-0.18	0.76	0.73	-0.56	0.8
Non Current Liabilities Total	1.0	0.69	0.95	0.98	0.78	-0.44	0.97	0.89	0.87	1.0	0.75	0.94	1.0	0.75		0.92	0.96	1.0	0.37	0.54	0.91	0.08	0.93	1.0	-0.3	0.99
Inventory	0.92	0.42	0.86	0.96	0.69	-0.42	0.96	0.69	0.67	0.91	0.56	0.9	0.92	0.86	0.92		0.79	0.91	0.1	0.68	0.89	-0.04	0.89	0.92	-0.43	0.94
Other Current Assets	0.96	0.78	0.93	0.92	0.75	-0.37	0.9	0.93	0.9	0.96	0.82	0.88	0.96	0.63	0.96	0.79		0.96	0.53	0.37	0.86	0.12	0.86	0.96	-0.2	0.93
Total Liab	1.0	0.68	0.97	0.97	0.81	-0.39	0.97	0.91	0.86	1.0	0.72	0.93	1.0	0.73	1.0	0.91	0.96		0.42	0.54	0.9	0.13	0.9	0.99	-0.25	0.99
Deferred Long Term Liab	0.38	0.51	0.57	0.25	0.5	0.24	0.25	0.67	0.44	0.41	0.27	0.29	0.37	0.05	0.37	0.1	0.53	0.42		0.04	0.27	0.45	0.12	0.37	0.55	0.34
Short Long Term Debt	0.54	0.04	0.52	0.56	0.44	-0.48	0.63	0.29	0.19	0.53	0.08	0.63	0.54	0.86	0.54	0.68	0.37	0.54	0.04		0.7	-0.09	0.56	0.51	-0.37	0.62
Total Current Assets	0.91	0.59	0.84	0.92	0.65	-0.54	0.92	0.75	0.77	0.91	0.69	0.99	0.91	0.92	0.91	0.89	0.86	0.9	0.27	0.7		-0.09	0.88	0.9	-0.48	0.93
Non Current Liabilities Other	0.08	-0.14	0.29	-0.06	0.66	0.64	-0.05	0.41	0.01	0.12	-0.32	-0.03	0.06	-0.18	0.08	-0.04	0.12	0.13	0.45	-0.09	-0.09		-0.26	0.04	0.79	0.06
Intangible Assets	0.92	0.69	0.79	0.96	0.53	-0.71	0.95	0.68	0.8	0.9	0.82	0.89	0.93	0.76	0.93	0.89	0.86	0.9	0.12	0.56	0.88	-0.26		0.93	-0.61	0.93
Common Stock	1.0	0.7	0.95	0.99	0.75	-0.43	0.98	0.88	0.87	1.0	0.76	0.93	1.0	0.73	1.0	0.92	0.96	0.99	0.37	0.51	0.9	0.04	0.93		-0.31	0.99
Property Plant Equipment	-0.29	-0.28	-0.05	-0.43	0.21	0.85	-0.41	0.07	-0.26	-0.26	-0.51	-0.45	-0.31	-0.56	-0.3	-0.43	-0.2	-0.25	0.55	-0.37	-0.48	0.79	-0.61	-0.31		-0.32
Net Debt	0.99	0.62	0.95	0.98	0.78	-0.45	0.99	0.85	0.82	0.99	0.69	0.94	0.99	0.8	0.99	0.94	0.93	0.99	0.34	0.62	0.93	0.06	0.93	0.99	-0.32

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Guangdong Liantai Account Relationship Matchups

Guangdong Liantai fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.0B	9.8B	10.1B	10.3B	11.8B	7.2B
Other Current Liab	36.9M	81.4M	44.9M	25.5M	29.3M	32.4M
Total Current Liabilities	2.0B	1.5B	1.7B	1.7B	1.9B	1.3B
Total Stockholder Equity	1.6B	2.7B	2.8B	3.0B	3.5B	2.0B
Other Liab	207.2M	242.9M	132.1M	170.6M	196.2M	160.6M
Net Tangible Assets	9.8M	215.4M	(1.0B)	(964.3M)	(867.9M)	(824.5M)
Retained Earnings	689.6M	934.2M	1.1B	1.3B	1.5B	748.3M
Accounts Payable	1.3B	1.1B	823.7M	729.5M	838.9M	692.1M
Cash	406.5M	893.2M	567.8M	395.8M	455.2M	425.7M
Non Current Assets Total	7.2B	8.2B	8.5B	8.4B	9.6B	6.2B
Non Currrent Assets Other	30.8M	667.7M	201.5M	237.6M	273.2M	162.9M
Other Assets	2.1B	2.2B	4.4B	4.6B	5.3B	5.6B
Long Term Debt	3.9B	5.1B	5.2B	5.2B	6.0B	3.6B
Net Receivables	78.7M	196.4M	742.1M	1.2B	1.3B	1.4B
Non Current Liabilities Total	4.1B	5.3B	5.4B	5.4B	6.2B	3.8B
Inventory	4.9M	5.4M	7.8M	7.6M	8.7M	6.0M
Other Current Assets	250.2M	354.7M	181.5M	269.3M	309.7M	168.0M
Total Liab	6.1B	6.8B	7.1B	7.1B	8.1B	5.1B
Deferred Long Term Liab	535.8K	3.4M	2.0M	1.1M	1.2M	1.6M
Short Long Term Debt	250M	12M	432M	420.5M	483.6M	507.7M
Total Current Assets	818.9M	1.5B	1.6B	1.9B	2.2B	2.3B
Non Current Liabilities Other	213.6M	58.3M	74.4M	86.7M	78.0M	88.3M
Intangible Assets	1.4B	3.7B	3.8B	3.7B	4.2B	2.4B
Common Stock	318.8M	449.8M	584.1M	584.1M	671.7M	396.5M
Property Plant Equipment	1.3B	3.5B	20.5M	17.4M	15.6M	14.9M
Net Debt	3.7B	4.3B	5.1B	5.2B	6.0B	3.7B
Common Stock Shares Outstanding	449.8M	584.1M	584.1M	584.1M	671.7M	547.6M
Net Invested Capital	5.8B	7.9B	8.5B	8.7B	10.0B	6.3B
Net Working Capital	(1.2B)	47.3M	(142.2M)	241.3M	277.5M	291.4M
Capital Stock	449.8M	584.1M	584.1M	584.1M	671.7M	501.3M
Property Plant And Equipment Net	3.5B	20.5M	17.4M	14.2M	12.8M	12.1M
Property Plant And Equipment Gross	3.5B	37.1M	17.4M	36.6M	32.9M	31.3M

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

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Guangdong Income Before Tax vs Tax Provision Analysis

Income Before Tax vs Tax Provision

Income Before Tax vs Tax Provision Correlation Analysis

Correlation Coefficient

Income Before Tax

Tax Provision

Guangdong Liantai fundamental ratios Correlations

Guangdong Liantai Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Liantai fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Guangdong Stock

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Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Non Current Assets Total

Intangible Assets	- 0.71	Net Tangible Assets
Property Plant Equipment	- 0.61	Intangible Assets
Non Currrent Assets Other	- 0.6	Net Tangible Assets
Property Plant Equipment	- 0.56	Net Receivables
Total Current Assets	- 0.54	Net Tangible Assets
Net Receivables	- 0.54	Net Tangible Assets