Sany Income Before Tax vs Gross Profit Analysis

688349 Stock

31.44 0.81 2.51%

Sany Heavy financial indicator trend analysis is much more than just breaking down Sany Heavy Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sany Heavy Energy is a good investment. Please check the relationship between Sany Heavy 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 Sany Heavy Energy. 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 Sany Heavy Energy Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Sany Heavy's Income Before Tax and Gross Profit is -0.56. 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 Sany Heavy Energy, assuming nothing else is changed. The correlation between historical values of Sany Heavy'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 Sany Heavy Energy 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., Sany Heavy's Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Sany Heavy income statement and is an important metric when analyzing Sany Heavy Energy 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 Sany Heavy Energy minus its cost of goods sold. It is profit before Sany Heavy 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 Sany Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sany Heavy Energy 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 Sany Heavy Energy. 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 December 30, 2024, Tax Provision is expected to decline to about 269.8 M. In addition to that, Selling General Administrative is expected to decline to about 936.5 M

	2021	2022	2023	2024 (projected)
Interest Expense	111.2M	121.2M	101.2M	109.9M
Interest Income	75.1M	171M	299.3M	154.1M

Interest Expense Interest Income

Sany Heavy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other
Total Assets		0.72	0.99	0.99	0.89	-0.88	0.99	0.95	1.0	0.98	1.0	0.31	0.99	-0.68	0.95	0.39	0.62	0.55	-0.21	0.98	0.99	0.96	0.72	1.0	0.95	-0.83
Other Current Liab	0.72		0.8	0.65	0.65	-0.38	0.64	0.88	0.66	0.79	0.72	0.23	0.72	-0.75	0.7	-0.18	0.5	0.95	0.51	0.79	0.6	0.69	0.09	0.7	0.7	-0.69
Total Current Liabilities	0.99	0.8		0.95	0.91	-0.84	0.97	0.98	0.97	1.0	0.99	0.41	0.99	-0.74	0.92	0.23	0.71	0.66	-0.1	1.0	0.94	0.96	0.64	0.98	0.92	-0.86
Total Stockholder Equity	0.99	0.65	0.95		0.85	-0.87	0.98	0.91	1.0	0.95	0.99	0.2	0.97	-0.61	0.96	0.52	0.52	0.46	-0.27	0.93	1.0	0.93	0.76	0.99	0.96	-0.78
Property Plant And Equipment Net	0.89	0.65	0.91	0.85		-0.91	0.89	0.82	0.87	0.92	0.89	0.52	0.89	-0.88	0.9	0.19	0.74	0.43	-0.28	0.91	0.88	0.98	0.77	0.88	0.9	-0.98
Net Debt	-0.88	-0.38	-0.84	-0.87	-0.91		-0.92	-0.72	-0.89	-0.86	-0.88	-0.52	-0.88	0.62	-0.83	-0.42	-0.71	-0.18	0.6	-0.85	-0.91	-0.93	-0.93	-0.88	-0.83	0.83
Retained Earnings	0.99	0.64	0.97	0.98	0.89	-0.92		0.92	0.99	0.97	0.99	0.37	0.99	-0.64	0.93	0.41	0.66	0.48	-0.31	0.97	0.99	0.96	0.78	0.99	0.93	-0.82
Accounts Payable	0.95	0.88	0.98	0.91	0.82	-0.72	0.92		0.93	0.97	0.95	0.32	0.96	-0.7	0.89	0.17	0.63	0.78	0.08	0.97	0.89	0.9	0.48	0.95	0.89	-0.79
Cash	1.0	0.66	0.97	1.0	0.87	-0.89	0.99	0.93		0.97	1.0	0.27	0.98	-0.63	0.95	0.46	0.58	0.49	-0.27	0.96	1.0	0.95	0.76	1.0	0.95	-0.8
Non Current Assets Total	0.98	0.79	1.0	0.95	0.92	-0.86	0.97	0.97	0.97		0.99	0.42	0.99	-0.76	0.93	0.23	0.71	0.64	-0.12	1.0	0.95	0.97	0.65	0.98	0.93	-0.88
Non Currrent Assets Other	1.0	0.72	0.99	0.99	0.89	-0.88	0.99	0.95	1.0	0.99		0.33	0.99	-0.67	0.95	0.38	0.63	0.55	-0.21	0.98	0.98	0.96	0.72	1.0	0.95	-0.83
Long Term Debt	0.31	0.23	0.41	0.2	0.52	-0.52	0.37	0.32	0.27	0.42	0.33		0.41	-0.45	0.14	-0.49	0.93	0.25	-0.25	0.47	0.25	0.47	0.29	0.28	0.14	-0.52
Net Receivables	0.99	0.72	0.99	0.97	0.89	-0.88	0.99	0.96	0.98	0.99	0.99	0.41		-0.67	0.91	0.31	0.7	0.58	-0.21	0.99	0.97	0.96	0.7	0.99	0.91	-0.83
Good Will	-0.68	-0.75	-0.74	-0.61	-0.88	0.62	-0.64	-0.7	-0.63	-0.76	-0.67	-0.45	-0.67		-0.76	0.13	-0.61	-0.57	-0.09	-0.75	-0.62	-0.82	-0.44	-0.65	-0.76	0.95
Common Stock Shares Outstanding	0.95	0.7	0.92	0.96	0.9	-0.83	0.93	0.89	0.95	0.93	0.95	0.14	0.91	-0.76		0.47	0.45	0.47	-0.19	0.9	0.96	0.94	0.74	0.96	1.0	-0.86
Short Term Investments	0.39	-0.18	0.23	0.52	0.19	-0.42	0.41	0.17	0.46	0.23	0.38	-0.49	0.31	0.13	0.47		-0.31	-0.36	-0.58	0.19	0.52	0.27	0.65	0.43	0.47	-0.06
Non Current Liabilities Total	0.62	0.5	0.71	0.52	0.74	-0.71	0.66	0.63	0.58	0.71	0.63	0.93	0.7	-0.61	0.45	-0.31		0.47	-0.21	0.75	0.55	0.72	0.45	0.6	0.45	-0.72
Inventory	0.55	0.95	0.66	0.46	0.43	-0.18	0.48	0.78	0.49	0.64	0.55	0.25	0.58	-0.57	0.47	-0.36	0.47		0.66	0.66	0.41	0.49	-0.16	0.53	0.47	-0.49
Other Current Assets	-0.21	0.51	-0.1	-0.27	-0.28	0.6	-0.31	0.08	-0.27	-0.12	-0.21	-0.25	-0.21	-0.09	-0.19	-0.58	-0.21	0.66		-0.12	-0.35	-0.27	-0.79	-0.23	-0.19	0.16
Total Liab	0.98	0.79	1.0	0.93	0.91	-0.85	0.97	0.97	0.96	1.0	0.98	0.47	0.99	-0.75	0.9	0.19	0.75	0.66	-0.12		0.93	0.97	0.63	0.97	0.9	-0.87
Net Invested Capital	0.99	0.6	0.94	1.0	0.88	-0.91	0.99	0.89	1.0	0.95	0.98	0.25	0.97	-0.62	0.96	0.52	0.55	0.41	-0.35	0.93		0.94	0.81	0.99	0.96	-0.8
Property Plant And Equipment Gross	0.96	0.69	0.96	0.93	0.98	-0.93	0.96	0.9	0.95	0.97	0.96	0.47	0.96	-0.82	0.94	0.27	0.72	0.49	-0.27	0.97	0.94		0.77	0.95	0.94	-0.95
Short Long Term Debt	0.72	0.09	0.64	0.76	0.77	-0.93	0.78	0.48	0.76	0.65	0.72	0.29	0.7	-0.44	0.74	0.65	0.45	-0.16	-0.79	0.63	0.81	0.77		0.73	0.74	-0.67
Total Current Assets	1.0	0.7	0.98	0.99	0.88	-0.88	0.99	0.95	1.0	0.98	1.0	0.28	0.99	-0.65	0.96	0.43	0.6	0.53	-0.23	0.97	0.99	0.95	0.73		0.96	-0.81
Capital Stock	0.95	0.7	0.92	0.96	0.9	-0.83	0.93	0.89	0.95	0.93	0.95	0.14	0.91	-0.76	1.0	0.47	0.45	0.47	-0.19	0.9	0.96	0.94	0.74	0.96		-0.86
Non Current Liabilities Other	-0.83	-0.69	-0.86	-0.78	-0.98	0.83	-0.82	-0.79	-0.8	-0.88	-0.83	-0.52	-0.83	0.95	-0.86	-0.06	-0.72	-0.49	0.16	-0.87	-0.8	-0.95	-0.67	-0.81	-0.86

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Sany Heavy Account Relationship Matchups

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

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Sany 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

Sany Heavy fundamental ratios Correlations

Sany Heavy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Sany Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 1.0	Total Stockholder Equity

Non Current Liabilities Other	- 0.98	Property Plant And Equipment Net
Non Current Liabilities Other	- 0.95	Property Plant And Equipment Gross
Short Long Term Debt	- 0.93	Net Debt
Property Plant And Equipment Gross	- 0.93	Net Debt
Retained Earnings	- 0.92	Net Debt
Net Invested Capital	- 0.91	Net Debt