Ping Total Other Income Expense Net vs Minority Interest Analysis

000001 Stock   11.52  0.05  0.44%   
Ping An financial indicator trend analysis is much more than just breaking down Ping An Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ping An Bank is a good investment. Please check the relationship between Ping An Total Other Income Expense Net and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ping An Bank. 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.

Total Other Income Expense Net vs Minority Interest

Total Other Income Expense Net vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ping An Bank Total Other Income Expense Net account and Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ping An's Total Other Income Expense Net and Minority Interest is 0.39. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Ping An Bank, assuming nothing else is changed. The correlation between historical values of Ping An's Total Other Income Expense Net and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Ping An Bank are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Total Other Income Expense Net i.e., Ping An's Total Other Income Expense Net and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Other Income Expense Net

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Ping An Bank whose combined shares represent less than 50% of the total outstanding shares issued by Ping An have a minority interest in Ping An.
Most indicators from Ping An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ping An Bank 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 Ping An Bank. 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.
The current year's Selling General Administrative is expected to grow to about 40.3 B, whereas Tax Provision is forecasted to decline to about 9.6 B.
 2024 2025 (projected)
Operating Income42.9B27.2B
Total Revenue189.2B198.7B

Ping An fundamental ratios Correlations

0.990.920.730.940.970.261.00.940.610.970.90.880.98-0.03-0.420.40.960.050.93-0.52-0.460.690.950.94-0.59
0.990.930.770.920.980.330.990.920.550.980.940.90.99-0.06-0.490.390.93-0.020.9-0.52-0.510.650.960.94-0.61
0.920.930.790.870.950.340.910.870.460.960.910.90.88-0.01-0.560.430.88-0.050.89-0.56-0.590.490.990.96-0.41
0.730.770.790.540.820.650.750.540.040.830.90.780.76-0.23-0.710.290.61-0.280.56-0.33-0.580.380.790.71-0.39
0.940.920.870.540.890.050.911.00.760.920.770.820.90.11-0.280.40.930.130.94-0.65-0.530.550.90.95-0.51
0.970.980.950.820.890.340.970.890.430.980.950.960.970.03-0.620.450.89-0.060.86-0.52-0.580.590.970.94-0.56
0.260.330.340.650.050.340.30.05-0.240.340.60.220.35-0.8-0.51-0.20.09-0.530.05-0.08-0.170.080.350.21-0.25
1.00.990.910.750.910.970.30.910.560.960.910.880.98-0.05-0.450.390.950.030.91-0.49-0.420.710.940.91-0.6
0.940.920.870.541.00.890.050.910.760.920.770.820.90.11-0.280.40.930.130.94-0.65-0.530.550.90.95-0.51
0.610.550.460.040.760.43-0.240.560.760.530.280.270.51-0.020.410.130.720.390.76-0.41-0.150.460.50.61-0.31
0.970.980.960.830.920.980.340.960.920.530.940.910.96-0.04-0.520.410.91-0.040.89-0.59-0.630.540.970.97-0.53
0.90.940.910.90.770.950.60.910.770.280.940.890.93-0.22-0.690.340.78-0.210.74-0.49-0.550.510.930.87-0.54
0.880.90.90.780.820.960.220.880.820.270.910.890.90.26-0.730.530.8-0.080.77-0.51-0.640.480.90.89-0.5
0.980.990.880.760.90.970.350.980.90.510.960.930.9-0.05-0.520.370.89-0.040.85-0.5-0.520.650.920.91-0.66
-0.03-0.06-0.01-0.230.110.03-0.8-0.050.11-0.02-0.04-0.220.26-0.05-0.10.460.040.310.07-0.09-0.2-0.07-0.040.060.1
-0.42-0.49-0.56-0.71-0.28-0.62-0.51-0.45-0.280.41-0.52-0.69-0.73-0.52-0.1-0.34-0.230.42-0.180.30.52-0.09-0.53-0.440.28
0.40.390.430.290.40.45-0.20.390.40.130.410.340.530.370.46-0.340.390.690.38-0.33-0.390.240.380.430.06
0.960.930.880.610.930.890.090.950.930.720.910.780.80.890.04-0.230.390.180.97-0.48-0.360.70.90.91-0.5
0.05-0.02-0.05-0.280.13-0.06-0.530.030.130.39-0.04-0.21-0.08-0.040.310.420.690.180.18-0.060.150.25-0.080.020.21
0.930.90.890.560.940.860.050.910.940.760.890.740.770.850.07-0.180.380.970.18-0.56-0.420.570.910.93-0.44
-0.52-0.52-0.56-0.33-0.65-0.52-0.08-0.49-0.65-0.41-0.59-0.49-0.51-0.5-0.090.3-0.33-0.48-0.06-0.560.510.08-0.58-0.650.12
-0.46-0.51-0.59-0.58-0.53-0.58-0.17-0.42-0.53-0.15-0.63-0.55-0.64-0.52-0.20.52-0.39-0.360.15-0.420.510.12-0.59-0.670.21
0.690.650.490.380.550.590.080.710.550.460.540.510.480.65-0.07-0.090.240.70.250.570.080.120.50.46-0.52
0.950.960.990.790.90.970.350.940.90.50.970.930.90.92-0.04-0.530.380.9-0.080.91-0.58-0.590.50.98-0.48
0.940.940.960.710.950.940.210.910.950.610.970.870.890.910.06-0.440.430.910.020.93-0.65-0.670.460.98-0.46
-0.59-0.61-0.41-0.39-0.51-0.56-0.25-0.6-0.51-0.31-0.53-0.54-0.5-0.660.10.280.06-0.50.21-0.440.120.21-0.52-0.48-0.46
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Ping An Account Relationship Matchups

Ping An fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.5T4.9T5.3T5.6T6.4T6.7T
Total Stockholder Equity364.1B395.4B434.7B472.3B543.2B570.3B
Property Plant And Equipment Net18.0B18.7B17.6B15.6B17.9B18.8B
Net Debt167.8B360.8B218.2B185.0B212.7B223.3B
Cash492.5B502.5B534.1B598.6B688.4B722.9B
Non Current Assets Total1.2T1.3T1.4T1.5T1.7T1.8T
Non Currrent Assets Other(40.5B)(41.3B)(46.5B)(50.1B)(45.1B)(47.4B)
Other Assets2.8T3.1T3.4T3.5T4.1T4.3T
Cash And Short Term Investments492.5B502.5B534.1B598.6B688.4B722.9B
Liabilities And Stockholders Equity4.5T4.9T5.3T5.6T6.4T6.7T
Total Current Assets492.5B502.5B534.1B598.6B688.4B722.9B
Short Long Term Debt Total660.2B863.3B752.3B783.6B901.1B946.2B
Other Current Liab1.2T1.2T1.3T1.3T1.5T1.6T
Total Current Liabilities2.4T2.5T2.6T2.7T3.1T3.3T
Retained Earnings131.2B154.4B186.3B221.3B254.4B267.2B
Accounts Payable4.3B6.0B5.4B10.4B12.0B11.4B
Net Receivables1.6B2.4B3.4B4.9B5.6B5.3B
Non Current Liabilities Total660.2B863.3B4.9T783.6B901.1B460.3B
Other Stockholder Equity107.9B100.8B130.8B130.8B150.4B157.9B
Total Liab660.2B863.3B4.9T783.6B901.1B1.0T
Other Liab13.1B11.0B15.5B13.2B11.9B22.4B
Intangible Assets3.9B5.8B6.9B6.6B7.6B8.0B
Property Plant Equipment19.5B19.4B19.5B18.4B21.2B22.2B
Net Tangible Assets281.1B332.8B362.1B400.3B460.3B287.7B
Inventory4.0B2.4B439M360M324M307.8M
Other Current Assets888.8B926.0B1.1T1.2T1.4T762.3B
Deferred Long Term Liab1.9B1.6B1.8B1.6B1.8B1.8B
Long Term Investments1.2T1.3T1.4T1.4T1.6T1.1T
Net Invested Capital997.1B1.2T1.2T1.2T1.4T1.0T
Current Deferred Revenue1.9B2.2B2.0B1.9B1.7B1.6B
Property Plant And Equipment Gross26.2B27.0B27.2B26.6B30.6B29.3B
Accumulated Other Comprehensive Income62.8B70.9B78.2B81.0B93.1B77.5B
Short Term Debt1.2T1.3T1.2T1.4T1.6T1.4T

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Other Information on Investing in Ping Stock

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