Zhejiang Minority Interest vs Net Income Analysis

002236 Stock

17.03 0.20 1.19%

Zhejiang Dahua financial indicator trend analysis is more than just analyzing Zhejiang Dahua Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Dahua Technology is a good investment. Please check the relationship between Zhejiang Dahua Minority Interest and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Dahua 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 Net Income

Minority Interest vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Dahua Technology Minority Interest account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Zhejiang Dahua's Minority Interest and Net Income is -0.14. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income in the same time period over historical financial statements of Zhejiang Dahua Technology, assuming nothing else is changed. The correlation between historical values of Zhejiang Dahua's Minority Interest and Net Income 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 Zhejiang Dahua Technology are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Minority Interest i.e., Zhejiang Dahua's Minority Interest and Net Income go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zhejiang Dahua Technology financial statement analysis. It represents the amount of money remaining after all of Zhejiang Dahua Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Zhejiang Dahua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Dahua Technology 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 Zhejiang Dahua 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 5.9 B. The current year's Tax Provision is expected to grow to about 678.8 M

	2021	2022	2023	2024 (projected)
Operating Income	4.6B	2.2B	3.7B	2.0B
Total Revenue	32.8B	30.6B	32.2B	33.8B

Operating Income Total Revenue

Zhejiang Dahua fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt
Total Assets		0.39	0.97	0.99	0.99	0.84	0.92	0.94	0.94	0.85	0.99	0.96	0.99	0.75	0.96	-0.11	0.64	0.79	0.91	0.79	0.89	0.84	0.95	0.93	-0.58	0.7
Other Current Liab	0.39		0.58	0.25	0.34	0.76	0.02	0.54	0.53	0.72	0.3	0.6	0.46	0.63	0.21	-0.02	0.56	0.57	0.46	0.55	0.07	0.65	0.46	0.46	-0.68	0.48
Total Current Liabilities	0.97	0.58		0.92	0.94	0.93	0.8	0.96	0.97	0.91	0.95	1.0	0.98	0.84	0.88	-0.08	0.68	0.88	0.9	0.81	0.8	0.9	0.93	0.92	-0.71	0.71
Total Stockholder Equity	0.99	0.25	0.92		0.99	0.75	0.97	0.9	0.9	0.77	0.99	0.9	0.95	0.67	0.98	-0.12	0.58	0.71	0.89	0.74	0.93	0.77	0.92	0.91	-0.47	0.64
Retained Earnings	0.99	0.34	0.94	0.99		0.8	0.94	0.92	0.91	0.82	0.99	0.93	0.97	0.69	0.98	-0.14	0.63	0.74	0.92	0.79	0.91	0.81	0.94	0.94	-0.52	0.69
Accounts Payable	0.84	0.76	0.93	0.75	0.8		0.59	0.89	0.89	0.98	0.79	0.94	0.88	0.89	0.72	-0.08	0.7	0.86	0.89	0.84	0.59	0.93	0.9	0.88	-0.72	0.74
Cash	0.92	0.02	0.8	0.97	0.94	0.59		0.79	0.78	0.62	0.94	0.78	0.86	0.54	0.95	-0.13	0.46	0.59	0.8	0.66	0.93	0.64	0.84	0.82	-0.32	0.56
Other Assets	0.94	0.54	0.96	0.9	0.92	0.89	0.79		0.97	0.83	0.94	0.96	0.96	0.83	0.83	-0.15	0.8	0.86	0.86	0.77	0.75	0.92	0.91	0.87	-0.79	0.66
Net Receivables	0.94	0.53	0.97	0.9	0.91	0.89	0.78	0.97		0.83	0.94	0.97	0.96	0.86	0.83	0.0	0.68	0.91	0.83	0.69	0.78	0.89	0.88	0.84	-0.76	0.6
Inventory	0.85	0.72	0.91	0.77	0.82	0.98	0.62	0.83	0.83		0.79	0.92	0.87	0.82	0.77	-0.11	0.64	0.77	0.93	0.86	0.64	0.89	0.92	0.92	-0.58	0.76
Other Current Assets	0.99	0.3	0.95	0.99	0.99	0.79	0.94	0.94	0.94	0.79		0.93	0.98	0.72	0.96	-0.14	0.64	0.78	0.89	0.73	0.92	0.81	0.93	0.91	-0.58	0.63
Total Liab	0.96	0.6	1.0	0.9	0.93	0.94	0.78	0.96	0.97	0.92	0.93		0.98	0.84	0.87	-0.09	0.7	0.87	0.9	0.83	0.77	0.9	0.93	0.91	-0.72	0.74
Intangible Assets	0.99	0.46	0.98	0.95	0.97	0.88	0.86	0.96	0.96	0.87	0.98	0.98		0.76	0.93	-0.15	0.7	0.81	0.91	0.8	0.84	0.88	0.95	0.94	-0.67	0.72
Common Stock	0.75	0.63	0.84	0.67	0.69	0.89	0.54	0.83	0.86	0.82	0.72	0.84	0.76		0.59	0.11	0.57	0.92	0.74	0.62	0.55	0.87	0.77	0.69	-0.68	0.51
Property Plant Equipment	0.96	0.21	0.88	0.98	0.98	0.72	0.95	0.83	0.83	0.77	0.96	0.87	0.93	0.59		-0.17	0.51	0.63	0.89	0.73	0.95	0.71	0.91	0.92	-0.38	0.64
Short Term Investments	-0.11	-0.02	-0.08	-0.12	-0.14	-0.08	-0.13	-0.15	0.0	-0.11	-0.14	-0.09	-0.15	0.11	-0.17		-0.58	0.26	-0.25	-0.2	-0.13	-0.2	-0.24	-0.28	0.23	-0.17
Other Liab	0.64	0.56	0.68	0.58	0.63	0.7	0.46	0.8	0.68	0.64	0.64	0.7	0.7	0.57	0.51	-0.58		0.5	0.66	0.68	0.37	0.8	0.7	0.67	-0.82	0.62
Treasury Stock	0.79	0.57	0.88	0.71	0.74	0.86	0.59	0.86	0.91	0.77	0.78	0.87	0.81	0.92	0.63	0.26	0.5		0.68	0.6	0.61	0.81	0.73	0.66	-0.73	0.52
Net Tangible Assets	0.91	0.46	0.9	0.89	0.92	0.89	0.8	0.86	0.83	0.93	0.89	0.9	0.91	0.74	0.89	-0.25	0.66	0.68		0.85	0.8	0.89	0.99	0.99	-0.47	0.72
Other Stockholder Equity	0.79	0.55	0.81	0.74	0.79	0.84	0.66	0.77	0.69	0.86	0.73	0.83	0.8	0.62	0.73	-0.2	0.68	0.6	0.85		0.52	0.77	0.86	0.85	-0.48	0.96
Deferred Long Term Liab	0.89	0.07	0.8	0.93	0.91	0.59	0.93	0.75	0.78	0.64	0.92	0.77	0.84	0.55	0.95	-0.13	0.37	0.61	0.8	0.52		0.63	0.82	0.82	-0.31	0.39
Long Term Investments	0.84	0.65	0.9	0.77	0.81	0.93	0.64	0.92	0.89	0.89	0.81	0.9	0.88	0.87	0.71	-0.2	0.8	0.81	0.89	0.77	0.63		0.91	0.87	-0.75	0.63
Total Current Assets	0.95	0.46	0.93	0.92	0.94	0.9	0.84	0.91	0.88	0.92	0.93	0.93	0.95	0.77	0.91	-0.24	0.7	0.73	0.99	0.86	0.82	0.91		0.99	-0.55	0.73
Non Current Assets Total	0.93	0.46	0.92	0.91	0.94	0.88	0.82	0.87	0.84	0.92	0.91	0.91	0.94	0.69	0.92	-0.28	0.67	0.66	0.99	0.85	0.82	0.87	0.99		-0.5	0.74
Non Currrent Assets Other	-0.58	-0.68	-0.71	-0.47	-0.52	-0.72	-0.32	-0.79	-0.76	-0.58	-0.58	-0.72	-0.67	-0.68	-0.38	0.23	-0.82	-0.73	-0.47	-0.48	-0.31	-0.75	-0.55	-0.5		-0.44
Long Term Debt	0.7	0.48	0.71	0.64	0.69	0.74	0.56	0.66	0.6	0.76	0.63	0.74	0.72	0.51	0.64	-0.17	0.62	0.52	0.72	0.96	0.39	0.63	0.73	0.74	-0.44

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Zhejiang Dahua Account Relationship Matchups

Zhejiang Dahua fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.6B	36.6B	44.1B	46.3B	52.9B	55.5B
Other Current Liab	1.8B	2.1B	1.9B	2.3B	155.2M	147.4M
Total Current Liabilities	12.5B	14.7B	17.4B	18.8B	16.3B	17.1B
Total Stockholder Equity	15.6B	19.8B	23.6B	25.8B	34.7B	36.5B
Retained Earnings	11.8B	15.3B	17.9B	19.4B	23.3B	24.5B
Accounts Payable	8.1B	9.7B	11.8B	11.7B	9.1B	4.9B
Cash	3.1B	7.5B	7.7B	8.0B	16.0B	16.8B
Other Assets	3.6B	3.5B	3.3B	3.1B	3.6B	3.8B
Net Receivables	15.4B	12.9B	14.7B	15.4B	16.3B	17.1B
Inventory	3.8B	4.9B	6.8B	7.3B	5.3B	2.7B
Other Current Assets	684.5M	720.7M	836.6M	953.6M	1.2B	1.3B
Total Liab	13.6B	16.4B	19.9B	20.0B	17.0B	17.8B
Intangible Assets	411.8M	406.8M	584.1M	557.2M	594.7M	624.4M
Common Stock	3.0B	3.0B	3.0B	3.0B	3.5B	1.8B
Property Plant Equipment	2.0B	2.7B	4.4B	5.4B	6.2B	6.5B
Other Liab	793.7M	741.3M	690.2M	502.7M	578.1M	548.5M
Net Tangible Assets	15.2B	19.3B	23.0B	25.3B	29.1B	16.4B
Other Stockholder Equity	12.3M	61.2M	76.0M	36.9M	42.5M	28.2M
Deferred Long Term Liab	37.3M	32.3M	45.9M	130.6M	150.2M	157.7M
Total Current Assets	23.0B	29.1B	33.5B	34.8B	41.1B	27.3B
Non Current Assets Total	6.6B	7.5B	10.6B	11.5B	11.8B	8.1B
Non Currrent Assets Other	8.6M	86.4M	97.2M	141.2M	210.8M	124.8M
Long Term Debt	153.5M	878M	1.6B	453.8M	521.9M	549.9M
Non Current Liabilities Total	1.1B	1.7B	2.5B	1.2B	687.6M	1.2B
Short Long Term Debt	400.3M	250.2M	325.6M	257.9M	957.4M	677.1M
Non Current Liabilities Other	735.9M	673.6M	615.2M	431.8M	343.6M	549.2M
Common Stock Shares Outstanding	3.0B	3.0B	3.0B	3.0B	3.3B	3.3B
Net Invested Capital	16.2B	20.9B	25.5B	26.5B	35.7B	23.9B
Net Working Capital	10.4B	14.5B	16.1B	15.9B	24.8B	15.4B
Capital Stock	3.0B	3.0B	3.0B	3.0B	3.3B	3.4B

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Other Information on Investing in Zhejiang Stock

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

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Zhejiang Minority Interest vs Net Income Analysis

Minority Interest vs Net Income

Minority Interest vs Net Income Correlation Analysis

Correlation Coefficient

Minority Interest

Net Income

Zhejiang Dahua fundamental ratios Correlations

Zhejiang Dahua Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Dahua fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Non Currrent Assets Other	- 0.82	Other Liab
Non Currrent Assets Other	- 0.79	Other Assets
Non Currrent Assets Other	- 0.76	Net Receivables
Non Currrent Assets Other	- 0.75	Long Term Investments
Non Currrent Assets Other	- 0.73	Treasury Stock
Non Currrent Assets Other	- 0.72	Total Liab