688561 Income Before Tax vs Ebit Analysis

688561 Stock

29.94 0.21 0.71%

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

Income Before Tax vs Ebit Correlation Analysis

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

The correlation between Qi An's Income Before Tax and Ebit is 0.96. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of Qi An Xin, assuming nothing else is changed. The correlation between historical values of Qi An's Income Before Tax and Ebit 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 Qi An Xin are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., Qi An's Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.96

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 Qi An income statement and is an important metric when analyzing Qi An Xin 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.

Ebit

Most indicators from Qi An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qi An Xin 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 Qi An Xin. 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 (54.2 M). In addition to that, Selling General Administrative is expected to decline to about 1.9 B

	2021	2022	2023	2024 (projected)
Interest Expense	30.7M	16.7M	33.0M	20.4M
Interest Income	65.4M	20.6M	15.8M	23.6M

Interest Expense Interest Income

Qi An 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	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Total Assets		-0.92	0.88	0.98	0.97	0.98	-0.95	0.95	0.55	0.96	-0.96	0.52	0.91	0.9	0.96	0.92	0.47	-0.71	0.96	0.9	0.68	1.0	0.99	0.96	0.96	0.93
Other Current Liab	-0.92		-0.92	-0.85	-0.92	-0.85	0.91	-0.95	-0.3	-0.92	0.95	-0.62	-0.91	-0.93	-0.9	-0.9	-0.69	0.77	-0.85	-0.93	-0.87	-0.9	-0.9	-0.9	-0.93	-0.77
Total Current Liabilities	0.88	-0.92		0.77	0.93	0.81	-0.8	0.97	0.22	0.89	-0.87	0.78	0.96	0.95	0.76	0.9	0.7	-0.64	0.81	1.0	0.89	0.85	0.86	0.76	0.96	0.67
Total Stockholder Equity	0.98	-0.85	0.77		0.91	0.99	-0.94	0.87	0.67	0.92	-0.93	0.37	0.81	0.8	0.98	0.85	0.33	-0.7	0.95	0.79	0.54	0.99	0.98	0.98	0.89	0.98
Other Liab	0.97	-0.92	0.93	0.91		0.91	-0.95	0.99	0.36	0.99	-0.97	0.61	0.97	0.98	0.88	0.99	0.65	-0.63	0.96	0.96	0.78	0.95	0.94	0.88	0.99	0.82
Net Tangible Assets	0.98	-0.85	0.81	0.99	0.91		-0.92	0.89	0.68	0.91	-0.91	0.42	0.83	0.81	0.96	0.85	0.31	-0.69	0.94	0.83	0.56	0.99	0.99	0.96	0.9	0.98
Retained Earnings	-0.95	0.91	-0.8	-0.94	-0.95	-0.92		-0.91	-0.42	-0.98	0.99	-0.41	-0.88	-0.91	-0.95	-0.94	-0.59	0.67	-0.97	-0.84	-0.68	-0.94	-0.92	-0.95	-0.92	-0.87
Accounts Payable	0.95	-0.95	0.97	0.87	0.99	0.89	-0.91		0.3	0.97	-0.96	0.7	0.98	0.98	0.86	0.97	0.68	-0.68	0.91	0.99	0.83	0.93	0.92	0.86	1.0	0.78
Cash	0.55	-0.3	0.22	0.67	0.36	0.68	-0.42	0.3		0.33	-0.35	-0.23	0.17	0.16	0.61	0.25	-0.42	-0.26	0.52	0.23	-0.01	0.61	0.63	0.61	0.31	0.79
Non Current Assets Total	0.96	-0.92	0.89	0.92	0.99	0.91	-0.98	0.97	0.33		-0.99	0.58	0.96	0.97	0.91	0.98	0.66	-0.68	0.96	0.92	0.73	0.94	0.92	0.91	0.98	0.83
Non Currrent Assets Other	-0.96	0.95	-0.87	-0.93	-0.97	-0.91	0.99	-0.96	-0.35	-0.99		-0.55	-0.94	-0.94	-0.94	-0.96	-0.64	0.74	-0.94	-0.9	-0.73	-0.95	-0.93	-0.94	-0.96	-0.85
Other Assets	0.52	-0.62	0.78	0.37	0.61	0.42	-0.41	0.7	-0.23	0.58	-0.55		0.78	0.67	0.35	0.57	0.61	-0.64	0.38	0.76	0.62	0.48	0.48	0.35	0.69	0.24
Net Receivables	0.91	-0.91	0.96	0.81	0.97	0.83	-0.88	0.98	0.17	0.96	-0.94	0.78		0.98	0.8	0.95	0.73	-0.7	0.87	0.97	0.8	0.88	0.86	0.8	0.99	0.7
Good Will	0.9	-0.93	0.95	0.8	0.98	0.81	-0.91	0.98	0.16	0.97	-0.94	0.67	0.98		0.8	0.99	0.8	-0.59	0.9	0.97	0.86	0.86	0.85	0.8	0.98	0.69
Common Stock Shares Outstanding	0.96	-0.9	0.76	0.98	0.88	0.96	-0.95	0.86	0.61	0.91	-0.94	0.35	0.8	0.8		0.84	0.39	-0.76	0.92	0.78	0.59	0.97	0.96	1.0	0.87	0.96
Non Current Liabilities Total	0.92	-0.9	0.9	0.85	0.99	0.85	-0.94	0.97	0.25	0.98	-0.96	0.57	0.95	0.99	0.84		0.74	-0.55	0.95	0.93	0.79	0.89	0.87	0.84	0.97	0.75
Inventory	0.47	-0.69	0.7	0.33	0.65	0.31	-0.59	0.68	-0.42	0.66	-0.64	0.61	0.73	0.8	0.39	0.74		-0.33	0.51	0.71	0.85	0.41	0.38	0.39	0.67	0.16
Other Current Assets	-0.71	0.77	-0.64	-0.7	-0.63	-0.69	0.67	-0.68	-0.26	-0.68	0.74	-0.64	-0.7	-0.59	-0.76	-0.55	-0.33		-0.54	-0.63	-0.45	-0.72	-0.71	-0.76	-0.68	-0.66
Other Stockholder Equity	0.96	-0.85	0.81	0.95	0.96	0.94	-0.97	0.91	0.52	0.96	-0.94	0.38	0.87	0.9	0.92	0.95	0.51	-0.54		0.85	0.64	0.95	0.94	0.92	0.93	0.9
Total Liab	0.9	-0.93	1.0	0.79	0.96	0.83	-0.84	0.99	0.23	0.92	-0.9	0.76	0.97	0.97	0.78	0.93	0.71	-0.63	0.85		0.88	0.87	0.87	0.78	0.97	0.69
Deferred Long Term Liab	0.68	-0.87	0.89	0.54	0.78	0.56	-0.68	0.83	-0.01	0.73	-0.73	0.62	0.8	0.86	0.59	0.79	0.85	-0.45	0.64	0.88		0.64	0.64	0.59	0.79	0.43
Net Invested Capital	1.0	-0.9	0.85	0.99	0.95	0.99	-0.94	0.93	0.61	0.94	-0.95	0.48	0.88	0.86	0.97	0.89	0.41	-0.72	0.95	0.87	0.64		1.0	0.97	0.94	0.96
Total Current Assets	0.99	-0.9	0.86	0.98	0.94	0.99	-0.92	0.92	0.63	0.92	-0.93	0.48	0.86	0.85	0.96	0.87	0.38	-0.71	0.94	0.87	0.64	1.0		0.96	0.93	0.96
Capital Stock	0.96	-0.9	0.76	0.98	0.88	0.96	-0.95	0.86	0.61	0.91	-0.94	0.35	0.8	0.8	1.0	0.84	0.39	-0.76	0.92	0.78	0.59	0.97	0.96		0.87	0.96
Non Current Liabilities Other	0.96	-0.93	0.96	0.89	0.99	0.9	-0.92	1.0	0.31	0.98	-0.96	0.69	0.99	0.98	0.87	0.97	0.67	-0.68	0.93	0.97	0.79	0.94	0.93	0.87		0.79
Net Working Capital	0.93	-0.77	0.67	0.98	0.82	0.98	-0.87	0.78	0.79	0.83	-0.85	0.24	0.7	0.69	0.96	0.75	0.16	-0.66	0.9	0.69	0.43	0.96	0.96	0.96	0.79

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Other Information on Investing in 688561 Stock

Balance Sheet is a snapshot of the financial position of Qi An Xin at a specified time, usually calculated after every quarter, six months, or one year. Qi An Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qi An 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 688561 currently owns. An asset can also be divided into two categories, current and non-current.

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688561 Income Before Tax vs Ebit Analysis

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebit

Qi An fundamental ratios Correlations

Qi An Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in 688561 Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Liabilities Other	+ 1.0	Accounts Payable
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Assets	+ 1.0	Net Invested Capital
Total Current Assets	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.99	Non Current Assets Total
Non Current Assets Total	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Non Currrent Assets Other	- 0.97	Other Liab
Non Current Liabilities Other	- 0.96	Non Currrent Assets Other
Non Current Liabilities Total	- 0.96	Non Currrent Assets Other