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 Ebit 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 Ebit
Minority Interest vs Ebit 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
Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between ZJBC Information's Minority Interest and Ebit is 0.64. 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 ZJBC Information Technology, assuming nothing else is changed. The correlation between historical values of ZJBC Information'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 ZJBC Information Technology 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., ZJBC Information's Minority Interest and Ebit go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Ebit
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 Development | 66.4M | 60.1M | 50.2M | 63.9M | Minority Interest | 48.6K | 136.3K | 180.6K | 313.2K |
ZJBC Information fundamental ratios Correlations
Click cells to compare fundamentals
ZJBC Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZJBC Information fundamental ratios Accounts
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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.