China Net Interest Income vs Minority Interest Analysis

600028 Stock

6.08 0.03 0.50%

China Petroleum financial indicator trend analysis is way more than just evaluating China Petroleum Chemical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Petroleum Chemical is a good investment. Please check the relationship between China Petroleum Net Interest Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Petroleum Chemical. 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.

Net Interest Income vs Minority Interest

Net Interest Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Petroleum Chemical Net Interest Income account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between China Petroleum's Net Interest Income and Minority Interest is 0.46. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of China Petroleum Chemical, assuming nothing else is changed. The correlation between historical values of China Petroleum's Net Interest 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 Net Interest Income of China Petroleum Chemical 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 Net Interest Income i.e., China Petroleum's Net Interest Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

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Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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 China Petroleum Chemical whose combined shares represent less than 50% of the total outstanding shares issued by China Petroleum have a minority interest in China Petroleum.

Most indicators from China Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Petroleum Chemical 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 China Petroleum Chemical. 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.

As of January 31, 2025, Selling General Administrative is expected to decline to about 62.5 B. In addition to that, Tax Provision is expected to decline to about 13.9 B

	2022	2023	2024	2025 (projected)
Gross Profit	523.5B	463.7B	533.3B	487.0B
Total Revenue	3.3T	3.1T	3.6T	2.6T

Gross Profit Total Revenue

China Petroleum fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Retained Earnings	Intangible Assets
Total Assets		0.99	1.0	0.99	0.98	0.99	0.96	0.94	0.58	0.86	0.58	0.92	0.72	0.98	0.95	-0.97	0.99	0.72	0.97	0.79	0.98	0.9	0.97	0.99	-0.07	0.27
Other Current Liab	0.99		0.99	0.98	0.98	0.98	0.96	0.94	0.58	0.85	0.54	0.92	0.75	0.98	0.95	-0.97	0.99	0.74	0.98	0.77	0.99	0.91	0.96	0.98	-0.04	0.29
Total Current Liabilities	1.0	0.99		0.99	0.98	0.99	0.96	0.94	0.61	0.84	0.61	0.93	0.74	0.99	0.94	-0.97	0.99	0.72	0.96	0.82	0.99	0.91	0.97	0.98	-0.03	0.31
Total Stockholder Equity	0.99	0.98	0.99		0.99	1.0	0.93	0.95	0.66	0.85	0.66	0.95	0.72	0.96	0.96	-0.97	0.97	0.68	0.94	0.79	0.98	0.88	0.99	0.98	-0.03	0.31
Other Liab	0.98	0.98	0.98	0.99		0.99	0.91	0.95	0.69	0.81	0.65	0.96	0.76	0.95	0.97	-0.95	0.96	0.75	0.94	0.79	0.98	0.89	0.99	0.96	0.01	0.38
Net Tangible Assets	0.99	0.98	0.99	1.0	0.99		0.93	0.95	0.66	0.84	0.66	0.95	0.72	0.96	0.96	-0.97	0.97	0.68	0.94	0.79	0.98	0.88	0.99	0.98	-0.01	0.32
Accounts Payable	0.96	0.96	0.96	0.93	0.91	0.93		0.91	0.49	0.85	0.49	0.82	0.64	0.99	0.85	-0.93	0.97	0.72	0.97	0.86	0.95	0.91	0.89	0.93	-0.15	0.18
Cash	0.94	0.94	0.94	0.95	0.95	0.95	0.91		0.72	0.87	0.64	0.88	0.66	0.92	0.86	-0.93	0.91	0.62	0.9	0.81	0.96	0.87	0.94	0.89	-0.11	0.25
Other Assets	0.58	0.58	0.61	0.66	0.69	0.66	0.49	0.72		0.51	0.87	0.71	0.47	0.53	0.61	-0.61	0.49	0.34	0.44	0.53	0.65	0.45	0.71	0.51	0.19	0.54
Long Term Debt	0.86	0.85	0.84	0.85	0.81	0.84	0.85	0.87	0.51		0.46	0.67	0.34	0.88	0.77	-0.85	0.86	0.52	0.84	0.65	0.82	0.68	0.82	0.84	-0.46	-0.11
Net Receivables	0.58	0.54	0.61	0.66	0.65	0.66	0.49	0.64	0.87	0.46		0.72	0.41	0.54	0.59	-0.58	0.5	0.21	0.4	0.66	0.61	0.47	0.72	0.56	0.19	0.57
Good Will	0.92	0.92	0.93	0.95	0.96	0.95	0.82	0.88	0.71	0.67	0.72		0.86	0.86	0.94	-0.89	0.89	0.68	0.84	0.74	0.95	0.85	0.96	0.9	0.15	0.55
Short Term Investments	0.72	0.75	0.74	0.72	0.76	0.72	0.64	0.66	0.47	0.34	0.41	0.86		0.66	0.74	-0.68	0.71	0.66	0.7	0.57	0.79	0.8	0.71	0.68	0.33	0.67
Inventory	0.98	0.98	0.99	0.96	0.95	0.96	0.99	0.92	0.53	0.88	0.54	0.86	0.66		0.9	-0.96	0.99	0.73	0.97	0.83	0.97	0.89	0.93	0.96	-0.14	0.21
Other Current Assets	0.95	0.95	0.94	0.96	0.97	0.96	0.85	0.86	0.61	0.77	0.59	0.94	0.74	0.9		-0.92	0.94	0.79	0.91	0.66	0.93	0.81	0.96	0.95	0.01	0.37
Other Stockholder Equity	-0.97	-0.97	-0.97	-0.97	-0.95	-0.97	-0.93	-0.93	-0.61	-0.85	-0.58	-0.89	-0.68	-0.96	-0.92		-0.96	-0.67	-0.93	-0.73	-0.96	-0.82	-0.95	-0.95	0.06	-0.19
Total Liab	0.99	0.99	0.99	0.97	0.96	0.97	0.97	0.91	0.49	0.86	0.5	0.89	0.71	0.99	0.94	-0.96		0.75	0.99	0.78	0.97	0.91	0.94	0.99	-0.11	0.22
Deferred Long Term Liab	0.72	0.74	0.72	0.68	0.75	0.68	0.72	0.62	0.34	0.52	0.21	0.68	0.66	0.73	0.79	-0.67	0.75		0.78	0.53	0.73	0.7	0.64	0.69	-0.02	0.36
Long Term Investments	0.97	0.98	0.96	0.94	0.94	0.94	0.97	0.9	0.44	0.84	0.4	0.84	0.7	0.97	0.91	-0.93	0.99	0.78		0.76	0.95	0.92	0.9	0.96	-0.1	0.19
Short Long Term Debt	0.79	0.77	0.82	0.79	0.79	0.79	0.86	0.81	0.53	0.65	0.66	0.74	0.57	0.83	0.66	-0.73	0.78	0.53	0.76		0.82	0.87	0.77	0.76	-0.09	0.35
Total Current Assets	0.98	0.99	0.99	0.98	0.98	0.98	0.95	0.96	0.65	0.82	0.61	0.95	0.79	0.97	0.93	-0.96	0.97	0.73	0.95	0.82		0.92	0.97	0.95	-0.01	0.36
Short Term Debt	0.9	0.91	0.91	0.88	0.89	0.88	0.91	0.87	0.45	0.68	0.47	0.85	0.8	0.89	0.81	-0.82	0.91	0.7	0.92	0.87	0.92		0.85	0.88	0.05	0.4
Common Stock	0.97	0.96	0.97	0.99	0.99	0.99	0.89	0.94	0.71	0.82	0.72	0.96	0.71	0.93	0.96	-0.95	0.94	0.64	0.9	0.77	0.97	0.85		0.96	0.02	0.35
Property Plant Equipment	0.99	0.98	0.98	0.98	0.96	0.98	0.93	0.89	0.51	0.84	0.56	0.9	0.68	0.96	0.95	-0.95	0.99	0.69	0.96	0.76	0.95	0.88	0.96		-0.06	0.24
Retained Earnings	-0.07	-0.04	-0.03	-0.03	0.01	-0.01	-0.15	-0.11	0.19	-0.46	0.19	0.15	0.33	-0.14	0.01	0.06	-0.11	-0.02	-0.1	-0.09	-0.01	0.05	0.02	-0.06		0.64
Intangible Assets	0.27	0.29	0.31	0.31	0.38	0.32	0.18	0.25	0.54	-0.11	0.57	0.55	0.67	0.21	0.37	-0.19	0.22	0.36	0.19	0.35	0.36	0.4	0.35	0.24	0.64

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China Petroleum Account Relationship Matchups

China Petroleum fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7T	1.9T	1.9T	2.0T	2.3T	1.7T
Other Current Liab	209.3B	238.2B	281.0B	277.8B	319.5B	223.8B
Total Current Liabilities	522.2B	641.3B	667.4B	647.1B	744.1B	577.3B
Total Stockholder Equity	741.5B	774.2B	784.7B	803.0B	923.4B	744.4B
Other Liab	66.5B	72.6B	70.7B	70.6B	81.2B	68.0B
Net Tangible Assets	696.2B	701.0B	735.9B	750.2B	862.8B	691.3B
Accounts Payable	161.7B	215.6B	269.4B	259B	297.9B	207.7B
Cash	87.6B	108.6B	93.4B	121.8B	140.0B	98.1B
Other Assets	49.0B	67.7B	59.7B	64.8B	58.3B	65.5B
Long Term Debt	83.8B	92.0B	108.0B	187.9B	216.0B	109.7B
Net Receivables	35.4B	34.9B	46.4B	48.7B	43.8B	51.3B
Good Will	8.6B	8.6B	6.5B	6.5B	7.4B	7.7B
Short Term Investments	109.2B	119.3B	55.1B	44.0B	50.6B	67.1B
Inventory	151.9B	207.4B	244.2B	250.9B	288.5B	192.8B
Other Current Assets	33.1B	36.1B	32.7B	31.3B	36.0B	31.3B
Other Stockholder Equity	31.7B	32.9B	2.5B	6.4B	5.8B	5.5B
Total Liab	850.9B	974.2B	1.0T	1.1T	1.2T	850.2B
Deferred Long Term Liab	15.7B	8.9B	9.6B	10.0B	11.5B	6.7B
Long Term Investments	153.7B	189.9B	209.9B	234.7B	269.9B	158.5B
Short Long Term Debt	29.0B	38.1B	66.3B	71.0B	81.6B	58.0B
Total Current Assets	455.4B	558.0B	523.1B	534.4B	614.6B	479.1B
Property Plant Equipment	1.1T	980.4B	1.0T	1.1T	1.3T	920.9B
Retained Earnings	531.6B	567.7B	576.8B	374.3B	336.9B	409.8B
Intangible Assets	31.9B	29.7B	28.0B	26.2B	23.6B	24.2B
Non Current Assets Total	1.3T	1.3T	1.4T	1.5T	1.7T	1.4T
Non Currrent Assets Other	34.0B	31.3B	34.1B	63.3B	72.8B	76.4B
Non Current Liabilities Total	328.8B	332.9B	345.0B	421.8B	485.1B	309.0B
Non Current Liabilities Other	19.0B	19.2B	15.0B	14.0B	12.6B	14.7B
Net Debt	25.3B	21.5B	80.9B	137.1B	157.6B	165.5B
Net Invested Capital	854.3B	904.3B	959.0B	1.1T	1.2T	1.0T
Net Working Capital	(66.8B)	(83.3B)	(144.2B)	(112.6B)	(101.4B)	(106.4B)
Property Plant And Equipment Net	986.2B	1.0T	1.1T	1.1T	1.3T	1.2T
Capital Lease Obligations	187.6B	185.4B	182.4B	181.4B	163.3B	148.7B
Property Plant And Equipment Gross	2.3T	2.5T	2.6T	2.7T	3.2T	2.7T

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

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China Net Interest Income vs Minority Interest Analysis

Net Interest Income vs Minority Interest

Net Interest Income vs Minority Interest Correlation Analysis

Correlation Coefficient

Net Interest Income

Minority Interest

China Petroleum fundamental ratios Correlations

China Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Petroleum fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Current Liabilities	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Other Current Liab	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Net Tangible Assets
Other Stockholder Equity	- 0.97	Total Stockholder Equity
Other Stockholder Equity	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.97	Other Current Liab
Other Stockholder Equity	- 0.97	Total Assets
Total Current Assets	- 0.96	Other Stockholder Equity