ZJBC Minority Interest vs Cost Of Revenue Analysis

000889 Stock   2.29  0.05  2.23%   
ZJBC Information financial indicator trend analysis is more than just analyzing ZJBC Information Tec current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZJBC Information Tec is a good investment. Please check the relationship between ZJBC Information Minority Interest and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZJBC Information Technology. 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 Cost Of Revenue

Minority Interest vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZJBC Information Tec Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZJBC Information's Minority Interest and Cost Of Revenue is 0.47. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of ZJBC Information Technology, assuming nothing else is changed. The correlation between historical values of ZJBC Information's Minority Interest and Cost Of Revenue 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 ZJBC Information Technology are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., ZJBC Information's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

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 ZJBC Information Technology whose combined shares represent less than 50% of the total outstanding shares issued by ZJBC Information have a minority interest in ZJBC Information.

Cost Of Revenue

Cost of Revenue is found on ZJBC Information Tec income statement and represents the costs associated with goods and services ZJBC Information provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from ZJBC Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZJBC Information Tec 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 ZJBC Information Technology. 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 Selling General Administrative is expected to grow to about 103.8 M, whereas Tax Provision is forecasted to decline to about 3.8 M.
 2021 2022 2023 2024 (projected)
Research Development66.4M60.1M50.2M63.9M
Minority Interest48.6K136.3K180.6K313.2K

ZJBC Information fundamental ratios Correlations

0.470.420.960.610.720.280.77-0.160.250.73-0.320.490.530.27-0.03-0.140.270.960.66-0.430.81-0.030.680.70.87
0.470.670.30.40.240.30.650.25-0.020.190.140.070.65-0.03-0.020.16-0.180.340.04-0.150.48-0.220.470.660.58
0.420.670.190.73-0.150.670.78-0.24-0.50.47-0.350.20.91-0.320.34-0.360.280.3-0.180.370.14-0.770.660.890.7
0.960.30.190.490.820.140.63-0.120.370.63-0.260.480.290.29-0.11-0.040.240.950.79-0.550.830.160.550.510.77
0.610.40.730.490.030.770.79-0.39-0.150.6-0.490.280.66-0.060.47-0.280.590.470.020.270.22-0.650.590.80.71
0.720.24-0.150.820.03-0.390.330.370.520.170.260.38-0.030.28-0.60.35-0.310.790.88-0.890.940.630.280.150.54
0.280.30.670.140.77-0.390.63-0.68-0.410.57-0.7-0.010.55-0.20.84-0.550.710.12-0.220.64-0.24-0.850.330.660.39
0.770.650.780.630.790.330.63-0.26-0.250.62-0.350.330.73-0.180.2-0.290.240.690.35-0.040.52-0.440.620.90.9
-0.160.25-0.24-0.12-0.390.37-0.68-0.260.34-0.720.97-0.23-0.28-0.03-0.720.91-0.83-0.160.08-0.550.380.6-0.12-0.28-0.11
0.25-0.02-0.50.37-0.150.52-0.41-0.250.34-0.020.32-0.09-0.310.7-0.350.54-0.130.220.28-0.580.390.6-0.07-0.25-0.05
0.730.190.470.630.60.170.570.62-0.72-0.02-0.810.370.670.340.42-0.690.680.690.230.110.26-0.460.580.660.62
-0.320.14-0.35-0.26-0.490.26-0.7-0.350.970.32-0.81-0.38-0.4-0.09-0.710.89-0.89-0.290.01-0.490.250.62-0.25-0.39-0.23
0.490.070.20.480.280.38-0.010.33-0.23-0.090.37-0.380.230.07-0.07-0.30.240.540.4-0.210.370.060.220.240.35
0.530.650.910.290.66-0.030.550.73-0.28-0.310.67-0.40.230.040.25-0.420.30.43-0.160.240.24-0.670.710.870.71
0.27-0.03-0.320.29-0.060.28-0.2-0.18-0.030.70.34-0.090.070.04-0.060.10.20.210.06-0.290.180.34-0.11-0.18-0.08
-0.03-0.020.34-0.110.47-0.60.840.2-0.72-0.350.42-0.71-0.070.25-0.06-0.580.75-0.15-0.410.78-0.52-0.760.050.29-0.07
-0.140.16-0.36-0.04-0.280.35-0.55-0.290.910.54-0.690.89-0.3-0.420.1-0.58-0.64-0.190.1-0.520.30.61-0.22-0.34-0.15
0.27-0.180.280.240.59-0.310.710.24-0.83-0.130.68-0.890.240.30.20.75-0.640.16-0.120.52-0.31-0.60.210.320.15
0.960.340.30.950.470.790.120.69-0.160.220.69-0.290.540.430.21-0.15-0.190.160.75-0.510.850.080.650.60.83
0.660.04-0.180.790.020.88-0.220.350.080.280.230.010.4-0.160.06-0.410.1-0.120.75-0.730.760.540.140.090.49
-0.43-0.150.37-0.550.27-0.890.64-0.04-0.55-0.580.11-0.49-0.210.24-0.290.78-0.520.52-0.51-0.73-0.78-0.82-0.10.11-0.24
0.810.480.140.830.220.94-0.240.520.380.390.260.250.370.240.18-0.520.3-0.310.850.76-0.780.410.530.410.71
-0.03-0.22-0.770.16-0.650.63-0.85-0.440.60.6-0.460.620.06-0.670.34-0.760.61-0.60.080.54-0.820.41-0.42-0.64-0.28
0.680.470.660.550.590.280.330.62-0.12-0.070.58-0.250.220.71-0.110.05-0.220.210.650.14-0.10.53-0.420.840.75
0.70.660.890.510.80.150.660.9-0.28-0.250.66-0.390.240.87-0.180.29-0.340.320.60.090.110.41-0.640.840.86
0.870.580.70.770.710.540.390.9-0.11-0.050.62-0.230.350.71-0.08-0.07-0.150.150.830.49-0.240.71-0.280.750.86
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ZJBC Information Account Relationship Matchups

ZJBC Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.7B1.5B1.3B904.9M859.7M
Other Current Liab527.5M525.5M477.0M475.7M32.2M30.6M
Total Current Liabilities1.5B1.4B1.1B1.0B754.3M963.7M
Total Stockholder Equity2.3B2.3B337.9M261.3M135.7M129.0M
Other Liab9.7M11.3M10.3M4.6M5.3M5.4M
Retained Earnings(101.1M)(80.9M)(2.1B)(2.3B)(2.4B)(2.3B)
Accounts Payable478.4M502.8M467.8M429.6M392.6M322.3M
Cash830.1M725.8M383.7M267.8M137.6M130.7M
Other Assets32.3M39.5M26.9M10.5M9.4M8.9M
Net Receivables956.9M841.9M516.9M439.0M450.1M467.6M
Inventory31.7M29.4M53.6M50.5M38.7M36.8M
Other Current Assets120.0M127.8M55.1M39.7M38.8M69.8M
Total Liab1.6B1.4B1.1B1.0B769.0M1.1B
Intangible Assets68.3M56.1M19.6M10.6M3.1M3.0M
Property Plant Equipment77.3M98.9M88.5M49.0M44.1M41.9M
Net Tangible Assets550.6M485.0M517.3M191.1M172.0M163.4M
Deferred Long Term Liab894.2K2.8M3.4M10.8M12.4M13.0M
Non Current Assets Total2.0B2.0B466.6M419.1M195.9M186.1M
Non Current Liabilities Total77.6M10.3M6.0M10.4M14.7M14.0M
Short Long Term Debt301.7M206.0M152.0M55.9M30.0M28.5M
Total Current Assets1.9B1.8B1.0B879.0M709.1M1.1B
Net Invested Capital2.7B2.5B489.9M322.2M165.8M157.5M
Net Working Capital431.2M400.2M(122.2M)(147.1M)(45.2M)(43.0M)

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Other Information on Investing in ZJBC Stock

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