Amlogic Income Before Tax vs Gross Profit Analysis

688099 Stock

78.38 0.02 0.03%

Amlogic Shanghai financial indicator trend analysis is way more than just evaluating Amlogic Shanghai prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amlogic Shanghai is a good investment. Please check the relationship between Amlogic Shanghai Income Before Tax and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amlogic Shanghai 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.

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amlogic Shanghai Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Amlogic Shanghai's Income Before Tax and Gross Profit is 0.94. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Amlogic Shanghai Co, assuming nothing else is changed. The correlation between historical values of Amlogic Shanghai's Income Before Tax and Gross Profit 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 Amlogic Shanghai Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Amlogic Shanghai's Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Amlogic Shanghai Co minus its cost of goods sold. It is profit before Amlogic Shanghai operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Amlogic Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amlogic Shanghai 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 Amlogic Shanghai 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 Tax Provision is expected to grow to about 7.8 M, whereas Selling General Administrative is forecasted to decline to about 132 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.1B	2.0B	1.3B
Total Revenue	4.8B	5.5B	5.4B	3.6B

Gross Profit Total Revenue

Amlogic Shanghai 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	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.1	0.93	1.0	0.94	0.94	0.9	0.87	0.98	0.98	0.84	0.99	0.7	0.96	0.93	0.65	-0.85	0.94	0.98	0.88	1.0	0.9	0.86	0.95	0.87	0.99
Other Current Liab	0.1		0.35	0.06	0.04	-0.09	-0.07	0.39	0.1	0.12	0.22	0.17	0.09	0.13	0.22	-0.52	-0.26	0.33	0.17	-0.07	0.1	0.34	-0.06	0.08	-0.1	0.06
Total Current Liabilities	0.93	0.35		0.91	0.86	0.86	0.83	0.99	0.92	0.92	0.92	0.95	0.78	0.88	0.87	0.5	-0.91	1.0	0.94	0.75	0.93	0.97	0.8	0.91	0.81	0.89
Total Stockholder Equity	1.0	0.06	0.91		0.94	0.94	0.9	0.85	0.98	0.98	0.83	0.98	0.68	0.96	0.92	0.66	-0.83	0.92	0.98	0.89	1.0	0.87	0.86	0.94	0.87	0.99
Other Liab	0.94	0.04	0.86	0.94		0.87	0.76	0.84	0.97	0.88	0.78	0.91	0.8	0.95	0.78	0.52	-0.69	0.88	0.93	0.72	0.94	0.85	0.88	0.97	0.87	0.91
Net Tangible Assets	0.94	-0.09	0.86	0.94	0.87		0.97	0.81	0.93	0.93	0.79	0.9	0.67	0.9	0.87	0.82	-0.86	0.88	0.89	0.85	0.94	0.84	0.82	0.87	0.96	0.95
Retained Earnings	0.9	-0.07	0.83	0.9	0.76	0.97		0.76	0.85	0.92	0.73	0.86	0.56	0.84	0.9	0.86	-0.87	0.84	0.86	0.85	0.89	0.79	0.72	0.8	0.89	0.92
Accounts Payable	0.87	0.39	0.99	0.85	0.84	0.81	0.76		0.88	0.86	0.91	0.9	0.81	0.84	0.8	0.41	-0.87	0.98	0.89	0.67	0.87	0.98	0.79	0.89	0.78	0.82
Cash	0.98	0.1	0.92	0.98	0.97	0.93	0.85	0.88		0.93	0.87	0.96	0.75	0.95	0.85	0.59	-0.82	0.93	0.96	0.82	0.99	0.89	0.87	0.94	0.9	0.96
Non Current Assets Total	0.98	0.12	0.92	0.98	0.88	0.93	0.92	0.86	0.93		0.81	0.98	0.64	0.93	0.97	0.67	-0.86	0.93	0.97	0.89	0.98	0.88	0.81	0.93	0.82	0.98
Non Currrent Assets Other	0.84	0.22	0.92	0.83	0.78	0.79	0.73	0.91	0.87	0.81		0.87	0.76	0.73	0.7	0.5	-0.88	0.91	0.86	0.74	0.85	0.88	0.8	0.8	0.74	0.8
Other Assets	0.99	0.17	0.95	0.98	0.91	0.9	0.86	0.9	0.96	0.98	0.87		0.7	0.92	0.93	0.6	-0.85	0.95	1.0	0.85	0.98	0.9	0.83	0.95	0.8	0.97
Net Receivables	0.7	0.09	0.78	0.68	0.8	0.67	0.56	0.81	0.75	0.64	0.76	0.7		0.67	0.55	0.4	-0.53	0.78	0.68	0.5	0.71	0.84	0.86	0.83	0.69	0.62
Non Current Liabilities Total	0.96	0.13	0.88	0.96	0.95	0.9	0.84	0.84	0.95	0.93	0.73	0.92	0.67		0.89	0.53	-0.78	0.9	0.93	0.8	0.96	0.88	0.84	0.94	0.88	0.94
Inventory	0.93	0.22	0.87	0.92	0.78	0.87	0.9	0.8	0.85	0.97	0.7	0.93	0.55	0.89		0.62	-0.83	0.88	0.91	0.87	0.92	0.85	0.73	0.85	0.73	0.93
Other Current Assets	0.65	-0.52	0.5	0.66	0.52	0.82	0.86	0.41	0.59	0.67	0.5	0.6	0.4	0.53	0.62		-0.6	0.51	0.58	0.7	0.64	0.46	0.56	0.56	0.74	0.69
Other Stockholder Equity	-0.85	-0.26	-0.91	-0.83	-0.69	-0.86	-0.87	-0.87	-0.82	-0.86	-0.88	-0.85	-0.53	-0.78	-0.83	-0.6		-0.9	-0.84	-0.81	-0.85	-0.86	-0.68	-0.73	-0.79	-0.84
Total Liab	0.94	0.33	1.0	0.92	0.88	0.88	0.84	0.98	0.93	0.93	0.91	0.95	0.78	0.9	0.88	0.51	-0.9		0.95	0.76	0.94	0.97	0.81	0.92	0.83	0.91
Deferred Long Term Liab	0.98	0.17	0.94	0.98	0.93	0.89	0.86	0.89	0.96	0.97	0.86	1.0	0.68	0.93	0.91	0.58	-0.84	0.95		0.81	0.98	0.88	0.8	0.95	0.82	0.97
Short Long Term Debt	0.88	-0.07	0.75	0.89	0.72	0.85	0.85	0.67	0.82	0.89	0.74	0.85	0.5	0.8	0.87	0.7	-0.81	0.76	0.81		0.87	0.76	0.83	0.77	0.71	0.87
Total Current Assets	1.0	0.1	0.93	1.0	0.94	0.94	0.89	0.87	0.99	0.98	0.85	0.98	0.71	0.96	0.92	0.64	-0.85	0.94	0.98	0.87		0.9	0.86	0.95	0.88	0.99
Intangible Assets	0.9	0.34	0.97	0.87	0.85	0.84	0.79	0.98	0.89	0.88	0.88	0.9	0.84	0.88	0.85	0.46	-0.86	0.97	0.88	0.76	0.9		0.87	0.9	0.8	0.84
Common Stock	0.86	-0.06	0.8	0.86	0.88	0.82	0.72	0.79	0.87	0.81	0.8	0.83	0.86	0.84	0.73	0.56	-0.68	0.81	0.8	0.83	0.86	0.87		0.9	0.77	0.79
Property Plant Equipment	0.95	0.08	0.91	0.94	0.97	0.87	0.8	0.89	0.94	0.93	0.8	0.95	0.83	0.94	0.85	0.56	-0.73	0.92	0.95	0.77	0.95	0.9	0.9		0.82	0.91
Common Stock Shares Outstanding	0.87	-0.1	0.81	0.87	0.87	0.96	0.89	0.78	0.9	0.82	0.74	0.8	0.69	0.88	0.73	0.74	-0.79	0.83	0.82	0.71	0.88	0.8	0.77	0.82		0.88
Net Invested Capital	0.99	0.06	0.89	0.99	0.91	0.95	0.92	0.82	0.96	0.98	0.8	0.97	0.62	0.94	0.93	0.69	-0.84	0.91	0.97	0.87	0.99	0.84	0.79	0.91	0.88

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Amlogic Shanghai Account Relationship Matchups

Amlogic Shanghai fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	3.7B	5.1B	5.9B	6.4B	3.8B
Other Current Liab	99.4M	127.4M	274.6M	197.6M	61.8M	58.7M
Total Current Liabilities	458.5M	703.3M	1.1B	837.4M	799.5M	683.2M
Total Stockholder Equity	2.8B	2.9B	3.9B	4.9B	5.5B	3.0B
Other Liab	28.1M	62.5M	59.1M	56.4M	64.9M	41.3M
Net Tangible Assets	2.7B	2.8B	3.7B	4.7B	5.4B	5.6B
Retained Earnings	423.6M	489.1M	1.3B	1.9B	2.1B	2.2B
Accounts Payable	211.6M	407.6M	610.6M	410.7M	357.5M	343.3M
Cash	1.7B	1.9B	2.3B	2.2B	2.5B	1.6B
Non Current Assets Total	461.8M	558.9M	909.8M	1.2B	1.2B	693.0M
Non Currrent Assets Other	3.5M	14.0M	18.1M	8.6M	14.7M	9.9M
Other Assets	116.6M	130.9M	164.5M	217.4M	250.0M	142.1M
Net Receivables	263.2M	222.4M	332.5M	130.9M	218.0M	226.9M
Non Current Liabilities Total	62.5M	59.1M	62.5M	96.1M	67.5M	54.3M
Inventory	462.7M	330.2M	1.1B	1.5B	1.2B	764.6M
Other Current Assets	34.9M	14.3M	25.9M	59.6M	170.4M	179.0M
Other Stockholder Equity	(29.6M)	(24.0M)	(45.4M)	(53.7M)	(48.3M)	(50.7M)
Total Liab	521.0M	762.4M	1.1B	933.5M	867.0M	737.4M
Deferred Long Term Liab	83.3M	105.0M	130.6M	159.0M	182.8M	108.3M
Short Long Term Debt	25.8M	34.3M	35.3M	59.4M	60.2M	41.6M
Total Current Assets	2.9B	3.1B	4.1B	4.7B	5.1B	3.1B
Intangible Assets	95.8M	122.2M	180.3M	149.3M	118.5M	124.2M
Property Plant Equipment	192.5M	223.9M	229.9M	271.7M	312.5M	174.4M
Net Invested Capital	2.8B	3.0B	3.9B	5.0B	5.5B	3.5B
Net Working Capital	2.4B	2.4B	3.1B	3.9B	4.3B	2.7B

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Other Information on Investing in Amlogic Stock

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

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Amlogic Income Before Tax vs Gross Profit Analysis

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

Correlation Coefficient

Income Before Tax

Gross Profit

Amlogic Shanghai fundamental ratios Correlations

Amlogic Shanghai Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amlogic Shanghai fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Amlogic Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Stockholder Equity
Deferred Long Term Liab	+ 1.0	Other Assets
Other Assets	+ 0.99	Total Assets

Other Stockholder Equity	- 0.91	Total Current Liabilities
Total Liab	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.88	Non Currrent Assets Other
Other Stockholder Equity	- 0.87	Accounts Payable
Other Stockholder Equity	- 0.87	Retained Earnings
Intangible Assets	- 0.86	Other Stockholder Equity