| 002905 Stock | | | 7.45 0.11 1.46% |
Guangzhou Jinyi financial indicator trend analysis is much more than just examining Guangzhou Jinyi Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Jinyi Media is a good investment. Please check the relationship between Guangzhou Jinyi Operating Income and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Jinyi Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Jinyi Media Operating Income account and
Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Guangzhou Jinyi's Operating Income and Minority Interest is 0.01. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Guangzhou Jinyi Media, assuming nothing else is changed. The correlation between historical values of Guangzhou Jinyi's Operating Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Guangzhou Jinyi Media are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Operating Income i.e., Guangzhou Jinyi's Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.01 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Guangzhou Jinyi Media operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Guangzhou Jinyi Media is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Guangzhou Jinyi Media whose combined shares represent less than 50% of the total outstanding shares issued by Guangzhou Jinyi have a minority interest in Guangzhou Jinyi.
Most indicators from Guangzhou Jinyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Jinyi Media 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 Guangzhou Jinyi Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 206.2
M, whereas
Tax Provision is projected to grow to (51.3
M).
Guangzhou Jinyi fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Jinyi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Jinyi fundamental ratios Accounts
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Other Information on Investing in Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Jinyi Media at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Jinyi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Jinyi 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.