Hainan Minority Interest vs Total Revenue Analysis

002865 Stock   72.00  2.78  4.02%   
Hainan Drinda financial indicator trend analysis is much more than just examining Hainan Drinda Automotive latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Drinda Automotive is a good investment. Please check the relationship between Hainan Drinda Minority Interest and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Drinda Automotive. 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 Total Revenue

Minority Interest vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Drinda Automotive Minority Interest account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Hainan Drinda's Minority Interest and Total Revenue is -0.81. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Hainan Drinda Automotive, assuming nothing else is changed. The correlation between historical values of Hainan Drinda's Minority Interest and Total 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 Hainan Drinda Automotive are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Minority Interest i.e., Hainan Drinda's Minority Interest and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

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 Hainan Drinda Automotive whose combined shares represent less than 50% of the total outstanding shares issued by Hainan Drinda have a minority interest in Hainan Drinda.

Total Revenue

Total revenue comprises all receipts Hainan Drinda Automotive generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Hainan Drinda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Drinda Automotive 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 Hainan Drinda Automotive. 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 220.8 M, whereas Tax Provision is projected to grow to (67.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit342.7M1.3B2.8B2.9B
Total Revenue2.9B11.6B18.7B19.6B

Hainan Drinda fundamental ratios Correlations

0.230.990.95-0.710.960.990.991.00.940.70.96-0.251.00.771.01.0-0.610.691.00.50.440.650.750.960.96
0.230.36-0.06-0.550.110.120.20.260.220.530.370.750.270.150.220.31-0.180.720.180.410.230.450.410.480.42
0.990.360.9-0.790.930.970.970.990.920.720.95-0.160.990.770.991.0-0.620.750.980.490.420.690.740.990.97
0.95-0.060.9-0.520.960.970.960.940.910.590.88-0.470.940.730.950.93-0.530.490.960.440.410.550.680.840.86
-0.71-0.55-0.79-0.52-0.53-0.71-0.64-0.73-0.6-0.54-0.620.04-0.69-0.63-0.74-0.740.46-0.65-0.65-0.23-0.25-0.7-0.42-0.8-0.71
0.960.110.930.96-0.530.950.990.950.880.580.96-0.230.980.690.940.96-0.690.660.980.430.40.460.680.890.94
0.990.120.970.97-0.710.950.970.980.910.610.91-0.360.970.790.990.98-0.620.610.990.390.350.610.670.920.92
0.990.20.970.96-0.640.990.970.980.910.640.97-0.211.00.730.980.99-0.670.71.00.470.430.560.720.940.97
1.00.260.990.94-0.730.950.980.980.940.720.95-0.240.990.771.01.0-0.580.70.990.520.450.690.760.970.96
0.940.220.920.91-0.60.880.910.910.940.820.89-0.260.920.750.940.92-0.370.640.920.690.570.740.860.90.87
0.70.530.720.59-0.540.580.610.640.720.820.70.010.690.630.710.7-0.020.690.650.930.70.910.940.770.69
0.960.370.950.88-0.620.960.910.970.950.890.70.00.980.660.940.97-0.670.820.960.550.480.560.760.960.99
-0.250.75-0.16-0.470.04-0.23-0.36-0.21-0.24-0.260.010.0-0.18-0.29-0.29-0.17-0.160.45-0.250.06-0.06-0.21-0.03-0.030.01
1.00.270.990.94-0.690.980.971.00.990.920.690.98-0.180.740.991.0-0.650.731.00.50.440.610.740.970.98
0.770.150.770.73-0.630.690.790.730.770.750.630.66-0.290.740.780.76-0.450.580.750.410.240.680.720.730.7
1.00.220.990.95-0.740.940.990.981.00.940.710.94-0.290.990.780.99-0.560.670.990.50.440.690.740.960.95
1.00.311.00.93-0.740.960.980.991.00.920.70.97-0.171.00.760.99-0.630.740.990.50.430.650.740.980.98
-0.61-0.18-0.62-0.530.46-0.69-0.62-0.67-0.58-0.37-0.02-0.67-0.16-0.65-0.45-0.56-0.63-0.62-0.650.180.080.08-0.13-0.58-0.7
0.690.720.750.49-0.650.660.610.70.70.640.690.820.450.730.580.670.74-0.620.680.550.50.510.650.810.83
1.00.180.980.96-0.650.980.991.00.990.920.650.96-0.251.00.750.990.99-0.650.680.460.410.580.720.940.96
0.50.410.490.44-0.230.430.390.470.520.690.930.550.060.50.410.50.50.180.550.460.820.760.880.560.49
0.440.230.420.41-0.250.40.350.430.450.570.70.48-0.060.440.240.440.430.080.50.410.820.570.570.450.42
0.650.450.690.55-0.70.460.610.560.690.740.910.56-0.210.610.680.690.650.080.510.580.760.570.820.720.58
0.750.410.740.68-0.420.680.670.720.760.860.940.76-0.030.740.720.740.74-0.130.650.720.880.570.820.780.73
0.960.480.990.84-0.80.890.920.940.970.90.770.96-0.030.970.730.960.98-0.580.810.940.560.450.720.780.98
0.960.420.970.86-0.710.940.920.970.960.870.690.990.010.980.70.950.98-0.70.830.960.490.420.580.730.98
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Hainan Drinda Account Relationship Matchups

Hainan Drinda fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.9B6.0B9.5B18.4B19.3B
Other Current Liab38.5M60.3M980.1M2.2B60.8M57.7M
Total Current Liabilities610.6M579.3M3.0B4.4B6.5B6.8B
Total Stockholder Equity919.8M1.0B1.0B1.1B4.7B4.9B
Net Tangible Assets809.0M906.9M(161.2M)31.1M28.0M26.6M
Retained Earnings376.6M378.1M192.8M813.0M1.5B1.5B
Accounts Payable361.5M369.3M1.4B1.5B3.9B4.1B
Cash240.6M333.0M491.5M1.9B3.6B3.8B
Non Current Assets Total978.8M999.9M4.3B5.9B11.4B12.0B
Non Currrent Assets Other79.5M38.6M109.0M98.8M191.5M201.1M
Other Assets357.2M331.9M470.9M441.6M507.8M348.4M
Long Term Debt308.0M213.8M192.3M1.7B2.0B2.1B
Net Receivables349.0M214.5M166.5M1.1B10.0M9.5M
Non Current Liabilities Total310.6M230.4M1.4B4.1B7.2B7.6B
Inventory214.3M189.0M437.7M338.9M727.3M390.7M
Other Current Assets58.3M43.6M235.5M268.1M586.7M616.0M
Total Liab921.2M809.7M4.4B8.4B13.7B14.4B
Deferred Long Term Liab248.1M266.1M283.4M3.3M3.8M3.6M
Short Long Term Debt148.6M50M176.8M589.1M450.1M245.0M
Total Current Assets862.2M857.7M1.7B3.6B7.0B7.4B
Intangible Assets110.8M141.0M299.7M159.3M239.1M163.0M
Common Stock120.9M128.8M137.3M141.5M162.8M135.2M
Property Plant Equipment467.0M471.0M2.7B4.5B5.1B5.4B
Other Liab2.6M2.9M436.3M2.4B2.8B2.9B
Common Stock Shares Outstanding120.9M128.8M137.3M141.5M227.4M156.8M
Net Invested Capital1.4B1.3B1.4B3.3B7.2B7.5B
Net Working Capital251.6M278.4M(1.3B)(818.1M)539.7M566.7M
Capital Stock120.9M128.8M137.3M141.5M227.4M160.9M

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Other Information on Investing in Hainan Stock

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