Dazhong Tax Provision vs Net Income From Continuing Ops Analysis

900903 Stock   0.24  0.00  0.00%   
Dazhong Transportation financial indicator trend analysis is much more than just examining Dazhong Transportation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dazhong Transportation is a good investment. Please check the relationship between Dazhong Transportation Tax Provision and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dazhong Transportation Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision vs Net Income From Continuing Ops

Tax Provision vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dazhong Transportation Tax Provision account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dazhong Transportation's Tax Provision and Net Income From Continuing Ops is 0.93. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Dazhong Transportation Group, assuming nothing else is changed. The correlation between historical values of Dazhong Transportation's Tax Provision and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Dazhong Transportation Group are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Tax Provision i.e., Dazhong Transportation's Tax Provision and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Net Income From Continuing Ops

Most indicators from Dazhong Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dazhong Transportation 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 Dazhong Transportation Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of February 27, 2025, Selling General Administrative is expected to decline to about 167.8 M. In addition to that, Tax Provision is expected to decline to about 165.1 M
 2022 2023 2024 2025 (projected)
Gross Profit551.1M1.2B1.4B1.0B
Total Revenue2.4B4.5B5.2B3.2B

Dazhong Transportation fundamental ratios Correlations

-0.180.940.9-0.790.940.850.59-0.80.93-0.850.780.830.81-0.850.99-0.9-0.690.810.910.750.220.8-0.7-0.48-0.17
-0.18-0.06-0.130.02-0.150.120.140.07-0.310.180.19-0.06-0.610.04-0.170.060.270.17-0.050.25-0.650.180.44-0.140.39
0.94-0.060.74-0.740.80.780.54-0.710.87-0.870.720.840.72-0.80.97-0.86-0.620.770.870.710.190.73-0.65-0.38-0.23
0.9-0.130.74-0.660.990.780.5-0.840.83-0.70.70.680.74-0.730.81-0.79-0.530.780.770.720.120.83-0.66-0.56-0.09
-0.790.02-0.74-0.66-0.7-0.94-0.820.72-0.720.7-0.85-0.92-0.570.97-0.810.850.91-0.85-0.94-0.810.01-0.770.380.77-0.15
0.94-0.150.80.99-0.70.810.53-0.850.84-0.740.720.740.77-0.760.87-0.83-0.560.820.820.770.110.86-0.64-0.53-0.09
0.850.120.780.78-0.940.810.73-0.790.75-0.760.960.880.51-0.960.85-0.82-0.810.850.960.810.040.8-0.49-0.740.2
0.590.140.540.5-0.820.530.73-0.340.49-0.270.720.710.37-0.760.6-0.63-0.680.690.770.72-0.320.690.0-0.730.49
-0.80.07-0.71-0.840.72-0.85-0.79-0.34-0.770.85-0.66-0.78-0.690.78-0.750.830.58-0.81-0.74-0.75-0.12-0.770.670.590.21
0.93-0.310.870.83-0.720.840.750.49-0.77-0.890.680.710.89-0.810.92-0.85-0.690.670.810.580.370.65-0.82-0.42-0.32
-0.850.18-0.87-0.70.7-0.74-0.76-0.270.85-0.89-0.68-0.75-0.730.79-0.870.80.66-0.66-0.78-0.55-0.42-0.580.850.360.41
0.780.190.720.7-0.850.720.960.72-0.660.68-0.680.780.39-0.910.78-0.67-0.730.730.920.690.050.68-0.45-0.670.34
0.83-0.060.840.68-0.920.740.880.71-0.780.71-0.750.780.64-0.930.85-0.84-0.790.870.940.830.00.78-0.44-0.70.09
0.81-0.610.720.74-0.570.770.510.37-0.690.89-0.730.390.64-0.640.78-0.74-0.560.560.650.480.350.57-0.75-0.35-0.41
-0.850.04-0.8-0.730.97-0.76-0.96-0.760.78-0.810.79-0.91-0.93-0.64-0.860.840.88-0.83-0.97-0.78-0.08-0.760.530.77-0.12
0.99-0.170.970.81-0.810.870.850.6-0.750.92-0.870.780.850.78-0.86-0.9-0.720.80.920.730.230.76-0.67-0.42-0.18
-0.90.06-0.86-0.790.85-0.83-0.82-0.630.83-0.850.8-0.67-0.84-0.740.84-0.90.7-0.91-0.83-0.870.02-0.870.50.520.24
-0.690.27-0.62-0.530.91-0.56-0.81-0.680.58-0.690.66-0.73-0.79-0.560.88-0.720.7-0.58-0.83-0.51-0.32-0.480.490.67-0.06
0.810.170.770.78-0.850.820.850.69-0.810.67-0.660.730.870.56-0.830.8-0.91-0.580.830.99-0.310.97-0.29-0.650.04
0.91-0.050.870.77-0.940.820.960.77-0.740.81-0.780.920.940.65-0.970.92-0.83-0.830.830.780.110.78-0.54-0.690.15
0.750.250.710.72-0.810.770.810.72-0.750.58-0.550.690.830.48-0.780.73-0.87-0.510.990.78-0.420.97-0.16-0.640.11
0.22-0.650.190.120.010.110.04-0.32-0.120.37-0.420.050.00.35-0.080.230.02-0.32-0.310.11-0.42-0.36-0.730.23-0.43
0.80.180.730.83-0.770.860.80.69-0.770.65-0.580.680.780.57-0.760.76-0.87-0.480.970.780.97-0.36-0.27-0.660.04
-0.70.44-0.65-0.660.38-0.64-0.490.00.67-0.820.85-0.45-0.44-0.750.53-0.670.50.49-0.29-0.54-0.16-0.73-0.270.20.49
-0.48-0.14-0.38-0.560.77-0.53-0.74-0.730.59-0.420.36-0.67-0.7-0.350.77-0.420.520.67-0.65-0.69-0.640.23-0.660.2-0.43
-0.170.39-0.23-0.09-0.15-0.090.20.490.21-0.320.410.340.09-0.41-0.12-0.180.24-0.060.040.150.11-0.430.040.49-0.43
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Dazhong Transportation Account Relationship Matchups

Dazhong Transportation fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets17.2B19.3B20.0B18.5B21.3B18.8B
Other Current Liab2.4B2.9B1.3B1.1B956.0M1.7B
Total Current Liabilities6.0B6.8B7.6B5.8B6.7B6.3B
Total Stockholder Equity9.3B9.7B9.4B9.5B11.0B10.1B
Other Liab519.0M465.2M467.7M498.4M448.6M559.1M
Net Tangible Assets7.4B8.1B8.1B8.4B9.7B8.7B
Retained Earnings6.9B7.2B5.8B6.1B7.0B6.0B
Accounts Payable175.2M320.4M342.8M232.9M267.8M282.8M
Cash1.9B2.2B2.3B1.9B1.8B1.8B
Other Assets731.0M942.9M1.2B2.8B3.2B3.3B
Net Receivables123.7M163.6M228.3M197.1M177.4M168.5M
Short Term Investments1.9B2.6B1.3B1.5B1.7B1.2B
Inventory4.1B3.0B4.6B3.3B3.9B3.3B
Other Current Assets99.0M194.7M2.3B2.1B2.4B2.5B
Other Stockholder Equity1.5B405.1M172.7M339.0M305.1M289.8M
Total Liab7.4B9.1B9.9B8.4B9.7B8.0B
Deferred Long Term Liab124.1M155.3M139.1M113.4M102.0M115.6M
Short Long Term Debt2.1B2.0B2.0B2.1B2.4B1.9B
Total Current Assets9.8B10.0B10.8B9.3B10.7B9.2B
Intangible Assets1.2B1.3B1.3B1.2B1.4B1.2B
Property Plant Equipment2.1B2.1B1.7B1.7B1.6B1.5B
Non Current Assets Total7.4B9.2B9.2B9.2B8.3B6.9B
Non Currrent Assets Other374.1M289.4M191.6M99.8M89.8M85.3M
Non Current Liabilities Total1.4B2.3B2.2B2.6B3.0B1.9B
Long Term Debt952.0M1.7B1.7B1.9B2.2B1.3B
Net Invested Capital12.4B13.3B13.1B13.6B15.6B13.7B
Net Working Capital3.8B3.2B3.2B3.5B4.0B3.5B
Net Debt1.2B1.5B1.5B2.1B2.4B1.3B
Property Plant And Equipment Net1.7B1.7B2.1B2.3B2.7B2.2B
Property Plant And Equipment Gross3.0B2.9B3.6B2.3B2.1B2.4B

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Other Information on Investing in Dazhong Stock

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