600015 Stock | | | 7.25 0.07 0.97% |
Hua Xia financial indicator trend analysis is much more than just examining Hua Xia Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hua Xia Bank is a good investment. Please check the relationship between Hua Xia Selling General Administrative and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hua Xia Bank. 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.
Selling General Administrative vs Minority Interest
Selling General Administrative vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hua Xia Bank Selling General Administrative account and
Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hua Xia's Selling General Administrative and Minority Interest is 0.44. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Hua Xia Bank, assuming nothing else is changed. The correlation between historical values of Hua Xia's Selling General Administrative 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 Selling General Administrative of Hua Xia Bank 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 Selling General Administrative i.e., Hua Xia's Selling General Administrative and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
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 Hua Xia Bank whose combined shares represent less than 50% of the total outstanding shares issued by Hua Xia have a minority interest in Hua Xia.
Most indicators from Hua Xia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hua Xia Bank 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 Hua Xia Bank. 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.
As of November 26, 2024, Selling General Administrative is expected to decline to about 8
B. In addition to that,
Tax Provision is expected to decline to about 7.4
BHua Xia fundamental ratios Correlations
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Hua Xia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hua Xia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hua Stock
Balance Sheet is a snapshot of the
financial position of Hua Xia Bank at a specified time, usually calculated after every quarter, six months, or one year. Hua Xia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hua Xia 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 Hua currently owns. An asset can also be divided into two categories, current and non-current.