Guangzhou Ebitda vs Minority Interest Analysis

300616 Stock   14.41  0.66  4.80%   
Guangzhou Shangpin financial indicator trend analysis is much more than just examining Guangzhou Shangpin Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Shangpin Home is a good investment. Please check the relationship between Guangzhou Shangpin Ebitda and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Shangpin Home. 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.

Ebitda vs Minority Interest

Ebitda vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Shangpin Home Ebitda account and Minority Interest. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangzhou Shangpin's Ebitda and Minority Interest is 0.78. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Guangzhou Shangpin Home, assuming nothing else is changed. The correlation between historical values of Guangzhou Shangpin's Ebitda 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 Ebitda of Guangzhou Shangpin Home 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 Ebitda i.e., Guangzhou Shangpin's Ebitda and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebitda

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 Shangpin Home whose combined shares represent less than 50% of the total outstanding shares issued by Guangzhou Shangpin have a minority interest in Guangzhou Shangpin.
Most indicators from Guangzhou Shangpin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Shangpin Home 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 Shangpin Home. 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 1.3 B, whereas Tax Provision is projected to grow to (9.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.4B1.8B1.7B1.8B
Total Revenue7.3B5.3B4.9B6.5B

Guangzhou Shangpin fundamental ratios Correlations

-0.040.990.970.970.060.980.990.770.910.560.420.880.890.750.950.190.930.90.970.780.940.880.870.890.92
-0.04-0.060.06-0.2-0.70.0-0.06-0.1-0.28-0.280.15-0.22-0.36-0.47-0.120.780.15-0.20.15-0.36-0.05-0.40.11-0.12-0.39
0.99-0.060.940.970.110.960.990.790.920.520.380.880.860.780.920.140.880.910.940.80.90.870.810.860.93
0.970.060.940.92-0.110.990.950.720.850.540.470.860.840.630.960.290.980.840.990.70.960.830.940.90.82
0.97-0.20.970.920.190.950.980.720.930.680.460.870.950.820.950.010.850.90.890.780.910.90.80.860.96
0.06-0.70.11-0.110.19-0.090.060.070.310.31-0.090.060.290.62-0.03-0.37-0.150.27-0.140.37-0.110.26-0.21-0.130.38
0.980.00.960.990.95-0.090.980.740.880.560.460.890.870.660.980.170.940.860.970.730.960.860.910.920.86
0.99-0.060.990.950.980.060.980.770.910.550.450.890.880.750.950.120.890.90.950.770.910.870.840.880.91
0.77-0.10.790.720.720.070.740.770.870.10.040.930.580.760.680.020.660.920.750.890.730.870.690.80.72
0.91-0.280.920.850.930.310.880.910.870.530.280.940.880.930.88-0.040.780.990.830.930.840.970.770.840.92
0.56-0.280.520.540.680.310.560.550.10.530.730.370.790.50.66-0.090.50.440.450.260.530.50.50.390.6
0.420.150.380.470.46-0.090.460.450.040.280.730.260.460.190.480.160.470.250.43-0.080.430.250.540.330.31
0.88-0.220.880.860.870.060.890.890.930.940.370.260.790.790.87-0.060.790.950.840.880.870.970.830.920.84
0.89-0.360.860.840.950.290.870.880.580.880.790.460.790.810.93-0.120.770.820.770.740.870.880.730.80.92
0.75-0.470.780.630.820.620.660.750.760.930.50.190.790.810.68-0.180.560.910.610.90.640.880.520.640.88
0.95-0.120.920.960.95-0.030.980.950.680.880.660.480.870.930.680.050.90.840.910.720.950.880.880.90.86
0.190.780.140.290.01-0.370.170.120.02-0.04-0.090.16-0.06-0.12-0.180.050.440.040.37-0.110.12-0.150.36-0.01-0.13
0.930.150.880.980.85-0.150.940.890.660.780.50.470.790.770.560.90.440.780.980.630.920.760.960.850.75
0.9-0.20.910.840.90.270.860.90.920.990.440.250.950.820.910.840.040.780.840.930.820.950.770.820.88
0.970.150.940.990.89-0.140.970.950.750.830.450.430.840.770.610.910.370.980.840.690.930.80.930.870.8
0.78-0.360.80.70.780.370.730.770.890.930.26-0.080.880.740.90.72-0.110.630.930.690.710.920.590.750.84
0.94-0.050.90.960.91-0.110.960.910.730.840.530.430.870.870.640.950.120.920.820.930.710.860.910.970.84
0.88-0.40.870.830.90.260.860.870.870.970.50.250.970.880.880.88-0.150.760.950.80.920.860.780.880.91
0.870.110.810.940.8-0.210.910.840.690.770.50.540.830.730.520.880.360.960.770.930.590.910.780.860.67
0.89-0.120.860.90.86-0.130.920.880.80.840.390.330.920.80.640.9-0.010.850.820.870.750.970.880.860.82
0.92-0.390.930.820.960.380.860.910.720.920.60.310.840.920.880.86-0.130.750.880.80.840.840.910.670.82
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Guangzhou Shangpin Account Relationship Matchups

Guangzhou Shangpin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.2B8.0B8.2B8.8B4.9B
Other Current Liab478.2M163.4M122.5M77.5M87.5M83.1M
Total Current Liabilities2.5B2.6B3.5B3.7B4.4B2.2B
Total Stockholder Equity3.5B3.5B3.6B3.6B3.6B2.4B
Property Plant And Equipment Net1.7B2.0B2.9B2.7B2.6B1.4B
Net Debt(1.5B)(900.1M)417.8M442.8M22.2M23.3M
Retained Earnings1.8B1.8B1.8B1.8B1.9B1.2B
Accounts Payable833.3M691.3M995.7M960.3M1.0B594.2M
Cash1.5B1.0B1.4B1.6B3.0B3.1B
Non Current Assets Total2.4B2.8B4.2B4.5B4.4B4.6B
Non Currrent Assets Other71.0M1.2B1.7B800.4M56.5M53.6M
Other Assets282.7M249.0M761.2M1.01.151.09
Cash And Short Term Investments2.7B2.2B2.5B2.3B3.3B3.5B
Net Receivables172.6M240.0M289.4M300.9M196.7M158.0M
Liabilities And Stockholders Equity6.1B6.2B8.0B8.2B8.8B4.9B
Non Current Liabilities Total57.6M178.7M883.1M926.1M808.4M848.9M
Inventory814.3M944.4M886.5M883.0M776.6M588.8M
Other Current Assets82.4M125.8M44.5M164.0M86.7M82.3M
Other Stockholder Equity1.5B1.5B1.5B1.5B1.5B966.9M
Total Liab2.6B2.7B4.4B4.6B5.2B5.4B
Total Current Assets3.7B3.5B3.7B3.6B4.4B2.7B
Intangible Assets498.1M569.0M613.8M1.5B1.5B1.6B
Other Liab26.3M57.6M67.3M80.1M92.1M96.7M
Net Tangible Assets3.1B3.0B3.0B2.1B2.4B2.7B
Deferred Long Term Liab156.0M174.6M145.0M148.4M170.6M141.1M
Property Plant Equipment1.2B1.7B2.0B2.9B3.3B1.7B
Net Invested Capital3.5B3.6B4.8B5.1B6.2B4.6B
Net Working Capital1.2B921.0M215.7M(25.9M)62.8M59.7M
Short Term Debt59.7M28.0M1.0B1.2B2.3B2.4B
Short Term Investments1.2B1.1B1.1B731.7M301.2M286.1M

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Other Information on Investing in Guangzhou Stock

Balance Sheet is a snapshot of the financial position of Guangzhou Shangpin Home at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Shangpin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Shangpin 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.