Guangdong Reconciled Depreciation vs Minority Interest Analysis

300498 Stock   17.71  0.07  0.40%   
Guangdong Wens financial indicator trend analysis is much more than just examining Guangdong Wens Foodstuff latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Wens Foodstuff is a good investment. Please check the relationship between Guangdong Wens Reconciled Depreciation and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Wens Foodstuff. 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.

Reconciled Depreciation vs Minority Interest

Reconciled Depreciation vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Wens Foodstuff Reconciled Depreciation account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangdong Wens' Reconciled Depreciation and Minority Interest is -0.46. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Guangdong Wens Foodstuff, assuming nothing else is changed. The correlation between historical values of Guangdong Wens' Reconciled Depreciation 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 Reconciled Depreciation of Guangdong Wens Foodstuff 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 Reconciled Depreciation i.e., Guangdong Wens' Reconciled Depreciation and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Reconciled Depreciation

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 Guangdong Wens Foodstuff whose combined shares represent less than 50% of the total outstanding shares issued by Guangdong Wens have a minority interest in Guangdong Wens.
Most indicators from Guangdong Wens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Wens Foodstuff 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 Guangdong Wens Foodstuff. 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 1.9 B, whereas Tax Provision is projected to grow to (36.8 M).

Guangdong Wens fundamental ratios Correlations

0.180.920.850.880.690.830.390.860.150.950.610.940.970.970.910.750.120.730.830.64-0.020.70.460.940.61
0.18-0.130.32-0.160.48-0.320.320.250.30.06-0.380.060.310.14-0.10.030.020.310.06-0.30.40.130.090.020.15
0.92-0.130.690.850.450.910.170.740.050.970.650.920.820.910.870.70.10.520.740.72-0.220.590.310.910.49
0.850.320.690.640.950.560.710.540.410.80.520.620.890.90.740.33-0.110.850.930.30.360.820.670.690.76
0.88-0.160.850.640.470.930.250.82-0.060.820.810.890.820.820.980.780.230.610.750.81-0.210.570.370.930.46
0.690.480.450.950.470.320.820.410.490.590.370.420.790.740.580.15-0.160.860.860.070.560.760.710.510.72
0.83-0.320.910.560.930.320.070.72-0.030.870.790.870.720.780.930.720.110.460.670.87-0.370.570.310.90.48
0.390.320.170.710.250.820.070.160.30.250.210.130.560.450.34-0.14-0.080.820.68-0.290.860.440.820.140.4
0.860.250.740.540.820.410.720.16-0.080.740.450.940.840.760.790.930.310.570.520.66-0.160.440.260.870.34
0.150.30.050.41-0.060.49-0.030.3-0.080.180.17-0.040.240.220.08-0.13-0.50.180.37-0.230.230.350.140.110.29
0.950.060.970.80.820.590.870.250.740.180.630.90.880.940.870.650.040.590.80.69-0.150.690.360.910.61
0.61-0.380.650.520.810.370.790.210.450.170.630.570.550.650.850.48-0.030.440.670.68-0.190.550.280.690.45
0.940.060.920.620.890.420.870.130.94-0.040.90.570.870.870.880.890.240.550.640.75-0.240.530.270.950.42
0.970.310.820.890.820.790.720.560.840.240.880.550.870.940.870.660.130.840.850.480.190.70.580.860.6
0.970.140.910.90.820.740.780.450.760.220.940.650.870.940.880.64-0.020.750.880.580.070.790.530.880.7
0.91-0.10.870.740.980.580.930.340.790.080.870.850.880.870.880.720.140.680.820.77-0.130.680.450.930.56
0.750.030.70.330.780.150.72-0.140.93-0.130.650.480.890.660.640.720.350.310.340.76-0.450.30.00.840.2
0.120.020.1-0.110.23-0.160.11-0.080.31-0.50.04-0.030.240.13-0.020.140.350.1-0.160.11-0.16-0.41-0.240.12-0.48
0.730.310.520.850.610.860.460.820.570.180.590.440.550.840.750.680.310.10.780.180.570.630.830.530.57
0.830.060.740.930.750.860.670.680.520.370.80.670.640.850.880.820.34-0.160.780.370.290.790.660.750.7
0.64-0.30.720.30.810.070.87-0.290.66-0.230.690.680.750.480.580.770.760.110.180.37-0.660.480.030.80.45
-0.020.4-0.220.36-0.210.56-0.370.86-0.160.23-0.15-0.19-0.240.190.07-0.13-0.45-0.160.570.29-0.660.150.68-0.290.16
0.70.130.590.820.570.760.570.440.440.350.690.550.530.70.790.680.3-0.410.630.790.480.150.670.630.97
0.460.090.310.670.370.710.310.820.260.140.360.280.270.580.530.450.0-0.240.830.660.030.680.670.240.67
0.940.020.910.690.930.510.90.140.870.110.910.690.950.860.880.930.840.120.530.750.8-0.290.630.240.52
0.610.150.490.760.460.720.480.40.340.290.610.450.420.60.70.560.2-0.480.570.70.450.160.970.670.52
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Guangdong Wens Account Relationship Matchups

Guangdong Wens fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets80.5B96.8B98.1B92.9B93.9B58.5B
Other Current Liab6.2B7.4B8.9B4.0M3.6M3.5M
Total Current Liabilities16.8B19.7B25.0B31.1B29.1B15.8B
Total Stockholder Equity45.8B32.4B39.7B33.1B41.0B29.9B
Other Liab708.6M1.3B1.8B1.6B1.9B2.0B
Retained Earnings34.4B19.7B24.2B13.0B20.6B18.0B
Accounts Payable4.1B6.8B7.6B11.0B8.9B9.3B
Other Assets1.5B2.2B545.2M559.3M643.1M798.0M
Long Term Debt14.7B34.4B22.6B17.5B13.1B9.4B
Net Receivables342.8M411.7M538.0M521.3M551.6M704.0M
Inventory13.3B14.9B20.4B20.3B19.4B12.8B
Other Current Assets1.5B1.2B1.3B1.3B3.5B3.6B
Total Liab32.9B62.0B55.2B57.0B49.9B27.0B
Intangible Assets1.7B1.8B1.6B1.5B1.4B1.1B
Common Stock5.3B6.4B6.4B6.6B7.5B4.9B
Property Plant Equipment30.0B46.3B53.0B52.6B60.4B63.5B
Cash1.9B7.6B4.3B4.3B4.5B3.0B
Short Term Investments3.2B3.9B3.2B2.2B2.1B2.2B
Good Will168.7M403.9M204.0M158.9M139.0M161.9M
Net Tangible Assets43.6B43.6B30.5B37.9B43.6B37.3B
Other Stockholder Equity(188.0M)(135.9M)909.6M838.6M964.4M1.0B
Deferred Long Term Liab762.8M1.5B123.5M104.8M94.3M89.6M
Short Long Term Debt4.0B1.8B1.1B2.5B1.5B2.2B
Total Current Assets23.1B35.6B36.6B33.3B35.5B29.3B
Non Current Assets Total57.4B61.2B61.5B59.6B58.3B51.6B
Non Currrent Assets Other550.5M190.9M264.4M156.7M112.6M118.3M
Non Current Liabilities Total16.1B42.4B30.2B25.9B20.7B18.2B
Net Debt16.9B28.5B19.4B15.8B10.1B14.5B
Common Stock Shares Outstanding6.4B6.4B6.6B6.7B6.7B7.1B
Net Invested Capital64.5B68.6B63.3B53.1B55.5B60.0B
Non Current Liabilities Other128.2M135.5M160.7M88.2M91.3M86.7M
Net Working Capital6.3B15.9B11.6B2.2B6.4B7.1B
Capital Stock6.4B6.4B6.6B6.7B6.7B6.8B
Property Plant And Equipment Net37.1B48.3B46.7B45.8B44.9B45.6B
Property Plant And Equipment Gross49.1B63.5B46.7B67.2B44.9B56.3B

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Other Information on Investing in Guangdong Stock

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