Guangdong Minority Interest vs Ebit Analysis

000636 Stock   15.35  0.22  1.45%   
Guangdong Fenghua financial indicator trend analysis is much more than just examining Guangdong Fenghua latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Fenghua is a good investment. Please check the relationship between Guangdong Fenghua Minority Interest and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Fenghua Advanced. 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.

Minority Interest vs Ebit

Minority Interest vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Fenghua Minority Interest account and Ebit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Guangdong Fenghua's Minority Interest and Ebit is 0.13. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Ebit in the same time period over historical financial statements of Guangdong Fenghua Advanced, assuming nothing else is changed. The correlation between historical values of Guangdong Fenghua's Minority Interest 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 Minority Interest of Guangdong Fenghua Advanced 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 Minority Interest i.e., Guangdong Fenghua's Minority Interest and Ebit go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

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 Guangdong Fenghua Advanced whose combined shares represent less than 50% of the total outstanding shares issued by Guangdong Fenghua have a minority interest in Guangdong Fenghua.

Ebit

Most indicators from Guangdong Fenghua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Fenghua 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 Guangdong Fenghua Advanced. 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 1, 2024, Selling General Administrative is expected to decline to about 63.3 M. In addition to that, Tax Provision is expected to decline to about 1.9 M
 2021 2022 2023 2024 (projected)
Income Before Tax1.1B347.4M183.2M279.2M
Cost Of Revenue3.4B3.2B3.6B2.0B

Guangdong Fenghua fundamental ratios Correlations

0.380.770.990.950.90.970.920.20.860.410.750.090.770.940.770.970.120.83-0.81-0.660.86-0.780.140.83-0.04
0.380.60.320.380.650.230.260.750.680.380.580.530.620.50.280.430.010.6-0.66-0.450.66-0.510.580.3-0.17
0.770.60.710.760.790.740.60.530.830.650.890.430.990.820.830.760.180.79-0.65-0.60.87-0.660.510.690.13
0.990.320.710.930.880.960.940.120.820.380.70.00.710.910.760.950.130.81-0.81-0.660.83-0.780.050.84-0.06
0.950.380.760.930.870.950.830.360.830.330.80.240.780.870.690.98-0.010.84-0.79-0.550.81-0.70.140.74-0.14
0.90.650.790.880.870.810.770.40.860.480.850.290.80.880.70.910.190.89-0.95-0.790.93-0.890.320.7-0.12
0.970.230.740.960.950.810.850.170.780.450.710.050.730.90.750.950.130.74-0.7-0.620.79-0.730.130.740.04
0.920.260.60.940.830.770.850.010.780.160.51-0.060.610.830.680.84-0.080.76-0.73-0.470.71-0.61-0.160.92-0.23
0.20.750.530.120.360.40.170.010.490.250.510.610.550.240.160.33-0.150.45-0.42-0.210.46-0.30.520.12-0.18
0.860.680.830.820.830.860.780.780.490.320.750.380.850.860.60.87-0.020.81-0.78-0.530.86-0.650.410.76-0.05
0.410.380.650.380.330.480.450.160.250.320.580.010.580.580.660.360.650.34-0.39-0.730.58-0.640.60.140.49
0.750.580.890.70.80.850.710.510.510.750.580.50.910.760.740.810.190.83-0.71-0.650.87-0.730.50.550.03
0.090.530.430.00.240.290.05-0.060.610.380.010.50.480.12-0.050.23-0.250.3-0.180.050.25-0.030.470.02-0.17
0.770.620.990.710.780.80.730.610.550.850.580.910.480.810.810.770.120.82-0.66-0.560.87-0.640.50.70.07
0.940.50.820.910.870.880.90.830.240.860.580.760.120.810.770.880.150.76-0.77-0.660.85-0.750.320.70.03
0.770.280.830.760.690.70.750.680.160.60.660.74-0.050.810.770.690.310.77-0.61-0.650.8-0.690.170.770.14
0.970.430.760.950.980.910.950.840.330.870.360.810.230.770.880.690.070.86-0.83-0.640.88-0.790.20.76-0.09
0.120.010.180.13-0.010.190.13-0.08-0.15-0.020.650.19-0.250.120.150.310.07-0.01-0.16-0.680.24-0.440.49-0.080.81
0.830.60.790.810.840.890.740.760.450.810.340.830.30.820.760.770.86-0.01-0.88-0.60.92-0.760.160.81-0.27
-0.81-0.66-0.65-0.81-0.79-0.95-0.7-0.73-0.42-0.78-0.39-0.71-0.18-0.66-0.77-0.61-0.83-0.16-0.880.75-0.870.87-0.21-0.650.24
-0.66-0.45-0.6-0.66-0.55-0.79-0.62-0.47-0.21-0.53-0.73-0.650.05-0.56-0.66-0.65-0.64-0.68-0.60.75-0.810.95-0.43-0.42-0.31
0.860.660.870.830.810.930.790.710.460.860.580.870.250.870.850.80.880.240.92-0.87-0.81-0.90.410.740.0
-0.78-0.51-0.66-0.78-0.7-0.89-0.73-0.61-0.3-0.65-0.64-0.73-0.03-0.64-0.75-0.69-0.79-0.44-0.760.870.95-0.9-0.32-0.55-0.06
0.140.580.510.050.140.320.13-0.160.520.410.60.50.470.50.320.170.20.490.16-0.21-0.430.41-0.32-0.130.59
0.830.30.690.840.740.70.740.920.120.760.140.550.020.70.70.770.76-0.080.81-0.65-0.420.74-0.55-0.13-0.2
-0.04-0.170.13-0.06-0.14-0.120.04-0.23-0.18-0.050.490.03-0.170.070.030.14-0.090.81-0.270.24-0.310.0-0.060.59-0.2
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Guangdong Fenghua Account Relationship Matchups

Guangdong Fenghua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B8.8B10.8B15.8B15.6B16.4B
Other Current Liab150.8M478.9M406.5M281.5M204.7M180.8M
Total Current Liabilities1.1B2.2B2.7B2.8B2.7B1.5B
Total Stockholder Equity5.6B6.0B6.9B11.9B11.9B12.5B
Other Liab179.9M230.0M250.8M504.3M579.9M608.9M
Retained Earnings2.1B2.5B3.4B3.4B2.9B3.0B
Accounts Payable757.9M914.3M1.3B1.7B2.1B2.2B
Cash1.5B2.0B1.2B5.4B4.3B4.5B
Other Assets229.7M597.7M658.6M283.3M325.8M218.5M
Net Receivables996.5M1.4B1.1B908.7M1.2B860.9M
Inventory456.7M507.8M857.8M655.9M695.9M504.0M
Other Current Assets23.9M72.9M248.9M102.3M34.1M32.4M
Total Liab1.4B2.7B3.7B3.8B3.5B1.8B
Intangible Assets103.8M243.7M226.7M285.9M284.4M298.6M
Property Plant Equipment2.4B2.3B3.0B5.1B5.9B6.2B
Short Term Investments340.4M397M349M118.2M135.9M123.2M
Net Tangible Assets5.2B5.4B5.7B6.7B7.7B5.6B
Other Stockholder Equity153.4M206.3M238.0M205.9M185.3M200.5M
Deferred Long Term Liab87.8M136.8M149.4M150.5M173.1M115.2M
Short Long Term Debt35.0M505.3M643.0M78.1M34.1M32.4M
Total Current Assets3.3B4.0B3.5B7.8B6.9B4.6B
Non Current Assets Total3.7B4.8B7.4B8.0B8.6B6.0B
Non Currrent Assets Other46.0M3.3B425.2M71.3M76.7M72.9M
Non Current Liabilities Total231.5M502.2M1.0B962.1M804.2M582.0M
Net Invested Capital5.6B6.5B8.1B12.6B12.4B8.7B
Net Working Capital2.2B1.7B758.8M4.9B4.3B2.7B

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Other Information on Investing in Guangdong Stock

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