Beijing Income Before Tax vs Income Tax Expense Analysis

688169 Stock

260.22 0.12 0.05%

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

Income Before Tax vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Roborock Tec Income Before Tax account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Beijing Roborock's Income Before Tax and Income Tax Expense is 0.89. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Beijing Roborock Technology, assuming nothing else is changed. The correlation between historical values of Beijing Roborock's Income Before Tax 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 Income Before Tax of Beijing Roborock Technology 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 Income Before Tax i.e., Beijing Roborock's Income Before Tax and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

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

Income Tax Expense

Most indicators from Beijing Roborock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Roborock Tec 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 Beijing Roborock Technology. 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 Selling General Administrative is expected to grow to about 2.3 B, whereas Tax Provision is forecasted to decline to about 164.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	3.3B	4.8B	5.5B	5.8B
Total Revenue	6.6B	8.7B	10.0B	10.4B

Gross Profit Total Revenue

Beijing Roborock fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Short Term Investments	Net Invested Capital	Net Working Capital	Other Stockholder Equity	Capital Stock	Other Liab	Property Plant And Equipment Net
Total Assets		0.95	0.96	1.0	0.99	0.99	0.94	0.78	0.99	0.98	0.32	0.2	0.98	0.89	0.96	1.0	0.95	0.95	0.85	0.99	1.0	0.91	0.13	0.87	0.38	0.89
Other Current Liab	0.95		1.0	0.93	0.88	0.97	1.0	0.55	0.97	0.99	0.09	0.24	0.96	0.99	1.0	0.93	0.88	0.9	0.86	0.91	0.93	0.77	0.33	0.88	0.15	0.82
Total Current Liabilities	0.96	1.0		0.94	0.9	0.97	1.0	0.57	0.98	0.98	0.12	0.26	0.97	0.98	1.0	0.94	0.89	0.91	0.86	0.92	0.94	0.79	0.28	0.87	0.18	0.83
Total Stockholder Equity	1.0	0.93	0.94		0.99	0.98	0.92	0.82	0.98	0.96	0.37	0.18	0.98	0.86	0.94	1.0	0.95	0.95	0.84	1.0	1.0	0.93	0.09	0.85	0.43	0.89
Net Tangible Assets	0.99	0.88	0.9	0.99		0.96	0.87	0.87	0.96	0.93	0.43	0.17	0.96	0.8	0.9	0.99	0.95	0.94	0.81	0.99	0.99	0.95	0.02	0.83	0.49	0.89
Retained Earnings	0.99	0.97	0.97	0.98	0.96		0.96	0.72	1.0	0.99	0.21	0.21	0.99	0.92	0.98	0.98	0.93	0.96	0.87	0.97	0.99	0.88	0.23	0.88	0.28	0.9
Accounts Payable	0.94	1.0	1.0	0.92	0.87	0.96		0.53	0.97	0.97	0.09	0.28	0.96	0.98	1.0	0.92	0.87	0.9	0.85	0.91	0.92	0.76	0.29	0.86	0.14	0.82
Cash	0.78	0.55	0.57	0.82	0.87	0.72	0.53		0.71	0.66	0.64	0.1	0.72	0.42	0.57	0.81	0.79	0.74	0.62	0.82	0.82	0.93	-0.22	0.62	0.69	0.76
Non Current Assets Total	0.99	0.97	0.98	0.98	0.96	1.0	0.97	0.71		0.99	0.22	0.17	0.98	0.93	0.98	0.98	0.91	0.96	0.87	0.97	0.98	0.87	0.19	0.88	0.28	0.9
Non Currrent Assets Other	0.98	0.99	0.98	0.96	0.93	0.99	0.97	0.66	0.99		0.2	0.18	0.96	0.96	0.98	0.96	0.9	0.91	0.88	0.95	0.97	0.84	0.28	0.89	0.27	0.84
Other Assets	0.32	0.09	0.12	0.37	0.43	0.21	0.09	0.64	0.22	0.2		-0.21	0.23	0.02	0.12	0.38	0.35	0.14	0.1	0.44	0.37	0.53	-0.74	0.1	0.99	0.15
Net Receivables	0.2	0.24	0.26	0.18	0.17	0.21	0.28	0.1	0.17	0.18	-0.21		0.31	0.18	0.26	0.21	0.39	0.21	0.24	0.16	0.17	0.18	0.39	0.24	-0.19	0.22
Inventory	0.98	0.96	0.97	0.98	0.96	0.99	0.96	0.72	0.98	0.96	0.23	0.31		0.9	0.97	0.98	0.97	0.95	0.85	0.97	0.98	0.88	0.2	0.86	0.29	0.88
Other Current Assets	0.89	0.99	0.98	0.86	0.8	0.92	0.98	0.42	0.93	0.96	0.02	0.18	0.9		0.98	0.86	0.79	0.83	0.83	0.85	0.86	0.68	0.37	0.85	0.08	0.74
Total Liab	0.96	1.0	1.0	0.94	0.9	0.98	1.0	0.57	0.98	0.98	0.12	0.26	0.97	0.98		0.94	0.89	0.91	0.86	0.92	0.94	0.79	0.29	0.87	0.18	0.83
Total Current Assets	1.0	0.93	0.94	1.0	0.99	0.98	0.92	0.81	0.98	0.96	0.38	0.21	0.98	0.86	0.94		0.96	0.93	0.84	1.0	1.0	0.93	0.09	0.85	0.44	0.88
Common Stock	0.95	0.88	0.89	0.95	0.95	0.93	0.87	0.79	0.91	0.9	0.35	0.39	0.97	0.79	0.89	0.96		0.88	0.78	0.95	0.95	0.9	0.14	0.8	0.4	0.83
Property Plant Equipment	0.95	0.9	0.91	0.95	0.94	0.96	0.9	0.74	0.96	0.91	0.14	0.21	0.95	0.83	0.91	0.93	0.88		0.82	0.92	0.95	0.85	0.16	0.83	0.19	0.96
Common Stock Shares Outstanding	0.85	0.86	0.86	0.84	0.81	0.87	0.85	0.62	0.87	0.88	0.1	0.24	0.85	0.83	0.86	0.84	0.78	0.82		0.82	0.84	0.85	0.32	1.0	0.18	0.88
Short Term Investments	0.99	0.91	0.92	1.0	0.99	0.97	0.91	0.82	0.97	0.95	0.44	0.16	0.97	0.85	0.92	1.0	0.95	0.92	0.82		1.0	0.94	0.02	0.83	0.49	0.86
Net Invested Capital	1.0	0.93	0.94	1.0	0.99	0.99	0.92	0.82	0.98	0.97	0.37	0.17	0.98	0.86	0.94	1.0	0.95	0.95	0.84	1.0		0.93	0.09	0.86	0.43	0.89
Net Working Capital	0.91	0.77	0.79	0.93	0.95	0.88	0.76	0.93	0.87	0.84	0.53	0.18	0.88	0.68	0.79	0.93	0.9	0.85	0.85	0.94	0.93		-0.06	0.85	0.58	0.88
Other Stockholder Equity	0.13	0.33	0.28	0.09	0.02	0.23	0.29	-0.22	0.19	0.28	-0.74	0.39	0.2	0.37	0.29	0.09	0.14	0.16	0.32	0.02	0.09	-0.06		0.32	-0.66	0.11
Capital Stock	0.87	0.88	0.87	0.85	0.83	0.88	0.86	0.62	0.88	0.89	0.1	0.24	0.86	0.85	0.87	0.85	0.8	0.83	1.0	0.83	0.86	0.85	0.32		0.18	0.88
Other Liab	0.38	0.15	0.18	0.43	0.49	0.28	0.14	0.69	0.28	0.27	0.99	-0.19	0.29	0.08	0.18	0.44	0.4	0.19	0.18	0.49	0.43	0.58	-0.66	0.18		0.19
Property Plant And Equipment Net	0.89	0.82	0.83	0.89	0.89	0.9	0.82	0.76	0.9	0.84	0.15	0.22	0.88	0.74	0.83	0.88	0.83	0.96	0.88	0.86	0.89	0.88	0.11	0.88	0.19

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Beijing Roborock Account Relationship Matchups

Beijing Roborock fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.8B	9.8B	10.8B	14.4B	16.5B	17.4B
Other Current Liab	120.8M	194.5M	240.7M	618.0M	710.7M	746.2M
Total Current Liabilities	718.6M	1.3B	1.2B	2.9B	3.3B	3.5B
Total Stockholder Equity	7.1B	8.5B	9.6B	11.4B	13.1B	13.7B
Net Tangible Assets	1.5B	7.1B	8.5B	9.5B	11.0B	11.5B
Retained Earnings	2.1B	3.4B	4.4B	6.2B	7.1B	7.4B
Accounts Payable	337.7M	686.6M	589.6M	1.5B	1.7B	1.8B
Cash	1.4B	1.3B	1.8B	893.0M	1.0B	812.9M
Non Current Assets Total	1.8B	3.3B	3.5B	5.5B	6.3B	6.6B
Non Currrent Assets Other	1.4B	1.2B	1.9B	3.5B	4.0B	4.2B
Other Assets	13.8M	1.3B	747.6M	106.0M	121.8M	115.8M
Net Receivables	135.8M	125.3M	327.5M	274.7M	247.2M	211.7M
Non Current Liabilities Total	15.2M	16.8M	71.6M	116.1M	133.5M	140.2M
Inventory	381.0M	595.6M	693.7M	928.2M	1.1B	1.1B
Other Current Assets	111.8M	170.5M	126.5M	1.0B	1.2B	1.2B
Total Liab	733.8M	1.3B	1.3B	3.0B	3.4B	3.6B
Total Current Assets	6.0B	6.5B	7.3B	8.9B	10.2B	10.7B
Property Plant Equipment	67.4M	60.9M	1.3B	1.4B	1.6B	1.7B
Common Stock Shares Outstanding	66.7M	66.8M	93.7M	131.5M	151.2M	79.9M
Short Term Investments	3.8B	4.1B	3.8B	5.0B	5.8B	6.1B
Net Invested Capital	7.1B	8.5B	9.6B	11.4B	13.1B	13.8B
Net Working Capital	5.3B	5.2B	6.1B	6.0B	6.9B	3.9B
Other Stockholder Equity	3.6M	(7.5M)	(13.2M)	4.5M	4.1M	4.3M
Capital Stock	66.7M	66.8M	93.7M	131.5M	151.2M	84.1M
Property Plant And Equipment Net	60.9M	1.3B	1.4B	1.4B	1.6B	927.3M
Property Plant And Equipment Gross	171.0M	1.4B	1.4B	1.4B	1.6B	1.0B
Intangible Assets	5.9M	5.7M	6.5M	18.5M	21.2M	22.3M

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

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Beijing Income Before Tax vs Income Tax Expense Analysis

Income Before Tax vs Income Tax Expense

Income Before Tax vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Income Before Tax

Income Tax Expense

Beijing Roborock fundamental ratios Correlations

Beijing Roborock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Roborock fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Accounts Payable	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab

Other Stockholder Equity	- 0.74	Other Assets
Other Liab	- 0.66	Other Stockholder Equity
Other Stockholder Equity	- 0.22	Cash
Net Receivables	- 0.21	Other Assets
Other Liab	- 0.19	Net Receivables
Other Stockholder Equity	- 0.06	Net Working Capital