Guangzhou Income Before Tax vs Minority Interest Analysis

000524 Stock   9.55  0.27  2.75%   
Guangzhou Dongfang financial indicator trend analysis is much more than just examining Guangzhou Dongfang Hotel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Dongfang Hotel is a good investment. Please check the relationship between Guangzhou Dongfang Income Before Tax and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Dongfang Hotel. 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 Minority Interest

Income Before Tax vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Dongfang Hotel Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Guangzhou Dongfang's Income Before Tax and Minority Interest is 0.26. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Guangzhou Dongfang Hotel, assuming nothing else is changed. The correlation between historical values of Guangzhou Dongfang's Income Before Tax 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 Income Before Tax of Guangzhou Dongfang Hotel 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 Income Before Tax i.e., Guangzhou Dongfang's Income Before Tax and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

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

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 Guangzhou Dongfang Hotel whose combined shares represent less than 50% of the total outstanding shares issued by Guangzhou Dongfang have a minority interest in Guangzhou Dongfang.
Most indicators from Guangzhou Dongfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Dongfang Hotel 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 Guangzhou Dongfang Hotel. 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 November 23, 2024, Selling General Administrative is expected to decline to about 240 M. In addition to that, Tax Provision is expected to decline to about 19.7 M
 2021 2023 2024 (projected)
Other Operating Expenses14.8M13.3M26.5M
Gross Profit297.1M710.3M447.2M

Guangzhou Dongfang fundamental ratios Correlations

0.660.870.990.540.690.720.940.690.630.420.160.730.950.930.930.690.95-0.870.710.190.890.840.150.680.49
0.660.860.60.580.980.680.630.490.820.480.60.980.660.470.440.550.53-0.450.630.330.750.4-0.420.260.49
0.870.860.830.670.830.880.830.780.850.490.570.910.860.760.750.830.83-0.780.860.20.930.660.070.550.42
0.990.60.830.510.630.650.920.720.570.360.140.660.920.950.970.710.95-0.890.720.150.850.850.190.740.42
0.540.580.670.510.560.590.470.620.520.180.540.610.530.490.490.460.52-0.510.660.240.570.450.040.30.31
0.690.980.830.630.560.610.660.430.760.510.480.950.680.490.460.490.54-0.440.570.360.740.43-0.470.280.5
0.720.680.880.650.590.610.710.760.790.340.580.780.820.680.60.80.77-0.720.820.30.840.680.330.330.55
0.940.630.830.920.470.660.710.680.610.490.080.720.950.910.850.640.93-0.890.68-0.050.950.740.210.780.33
0.690.490.780.720.620.430.760.680.570.10.590.560.70.810.740.920.84-0.90.980.10.790.740.480.670.22
0.630.820.850.570.520.760.790.610.570.460.580.850.660.50.470.620.58-0.520.680.250.750.43-0.060.260.43
0.420.480.490.360.180.510.340.490.10.460.010.480.440.260.240.210.32-0.230.17-0.120.490.13-0.140.36-0.13
0.160.60.570.140.540.480.580.080.590.580.010.590.160.110.110.630.2-0.240.690.330.350.15-0.05-0.020.21
0.730.980.910.660.610.950.780.720.560.850.480.590.740.550.510.60.62-0.540.680.260.830.46-0.270.320.51
0.950.660.860.920.530.680.820.950.70.660.440.160.740.920.840.680.95-0.860.720.220.930.860.230.620.55
0.930.470.760.950.490.490.680.910.810.50.260.110.550.920.930.730.99-0.960.770.10.860.910.410.780.38
0.930.440.750.970.490.460.60.850.740.470.240.110.510.840.930.730.94-0.910.710.070.770.830.350.760.32
0.690.550.830.710.460.490.80.640.920.620.210.630.60.680.730.730.8-0.820.940.170.770.70.410.570.25
0.950.530.830.950.520.540.770.930.840.580.320.20.620.950.990.940.8-0.970.820.130.90.90.410.760.4
-0.87-0.45-0.78-0.89-0.51-0.44-0.72-0.89-0.9-0.52-0.23-0.24-0.54-0.86-0.96-0.91-0.82-0.97-0.860.05-0.88-0.83-0.5-0.84-0.23
0.710.630.860.720.660.570.820.680.980.680.170.690.680.720.770.710.940.82-0.860.180.820.710.350.610.28
0.190.330.20.150.240.360.3-0.050.10.25-0.120.330.260.220.10.070.170.130.050.180.00.46-0.23-0.440.8
0.890.750.930.850.570.740.840.950.790.750.490.350.830.930.860.770.770.9-0.880.820.00.690.190.710.34
0.840.40.660.850.450.430.680.740.740.430.130.150.460.860.910.830.70.9-0.830.710.460.690.40.520.61
0.15-0.420.070.190.04-0.470.330.210.48-0.06-0.14-0.05-0.270.230.410.350.410.41-0.50.35-0.230.190.40.38-0.13
0.680.260.550.740.30.280.330.780.670.260.36-0.020.320.620.780.760.570.76-0.840.61-0.440.710.520.38-0.24
0.490.490.420.420.310.50.550.330.220.43-0.130.210.510.550.380.320.250.4-0.230.280.80.340.61-0.13-0.24
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Guangzhou Dongfang Account Relationship Matchups

Guangzhou Dongfang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B3.5B3.1B3.0B3.3B1.8B
Other Current Liab950.0M516.4M369.2M10.9M20.0M19.0M
Total Current Liabilities1.9B1.0B769.7M801.0M1.1B548.8M
Total Stockholder Equity2.7B2.3B2.2B2.0B2.1B1.2B
Other Liab126.1M125.0M108.0M94.3M108.4M62.4M
Retained Earnings732.5M412.3M284.5M(107.9M)(39.1M)(37.1M)
Accounts Payable460.3M75.2M95.1M257.5M345.9M363.2M
Cash2.6B1.6B1.4B1.1B1.3B1.4B
Other Assets285.2M275.7M344.3M310.9M357.6M375.5M
Net Receivables243.0M94.9M71.4M73.4M126.4M78.0M
Short Term Investments101.8M1.7M1.7M500.0K368.3K349.9K
Inventory16.0M13.3M14.0M15.8M12.5M10.9M
Other Current Assets249.0M109.1M74.6M25.4M22.4M21.3M
Total Liab2.0B1.1B889.9M939.3M1.2B1.3B
Intangible Assets559.6M536.3M516.6M501.5M482.5M506.7M
Property Plant Equipment548.6M597.7M553.2M560.9M645.0M560.6M
Net Tangible Assets1.9B2.0B1.7B1.6B1.9B1.7B
Other Stockholder Equity49.2M52.1M51.1M54.2M48.8M50.6M
Deferred Long Term Liab205.2M210.3M222.9M187.5M215.7M211.9M
Total Current Assets3.2B1.9B1.6B1.3B1.7B2.0B
Non Current Assets Total1.6B1.6B1.5B1.7B1.7B1.8B
Non Currrent Assets Other7.0M3.1M3.2M208.8M213.9M224.6M
Good Will81.4M99.4M69.3M60.4M57.5M58.0M
Non Current Liabilities Total125.0M108.0M120.2M138.3M136.9M156.9M
Short Long Term Debt376.8M27.9M510K24.9M22.4M21.3M
Net Invested Capital3.0B2.4B2.2B2.1B2.1B2.0B
Net Working Capital1.3B892.0M835.1M480.6M596.2M672.7M

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Other Information on Investing in Guangzhou Stock

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