Xiamen Minority Interest vs Other Operating Expenses Analysis

600153 Stock   9.50  0.09  0.96%   
Xiamen CD financial indicator trend analysis is more than just analyzing Xiamen CD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen CD is a good investment. Please check the relationship between Xiamen CD Minority Interest and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen CD. 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.

Minority Interest vs Other Operating Expenses

Minority Interest vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen CD Minority Interest account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Xiamen CD's Minority Interest and Other Operating Expenses is 0.23. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Xiamen CD, assuming nothing else is changed. The correlation between historical values of Xiamen CD's Minority Interest and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Xiamen CD are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., Xiamen CD's Minority Interest and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Xiamen CD. It is also known as Xiamen CD overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Xiamen CD's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen CD 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 Xiamen CD. 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 13.6 B, whereas Tax Provision is forecasted to decline to about 3.7 B.
 2021 2022 2023 2024 (projected)
Operating Income15.9B19.6B18.2B19.2B
Total Revenue707.8B832.8B763.7B801.9B

Xiamen CD fundamental ratios Correlations

0.471.00.990.980.970.950.990.960.970.410.990.781.00.940.310.990.910.940.90.960.850.690.760.910.37
0.470.50.470.560.470.230.590.530.550.060.60.650.50.280.360.520.170.40.620.470.660.450.50.690.11
1.00.50.990.970.960.940.990.950.970.390.990.781.00.930.310.990.90.950.90.970.860.670.770.920.34
0.990.470.990.970.990.940.970.980.980.460.980.80.990.960.410.980.90.910.880.930.840.730.740.890.39
0.980.560.970.970.960.880.980.960.980.330.980.840.980.910.320.970.810.880.90.920.890.730.710.930.38
0.970.470.960.990.960.910.950.990.990.540.970.840.970.960.450.970.860.850.860.870.810.780.690.870.42
0.950.230.940.940.880.910.90.860.880.410.890.580.940.930.230.910.980.930.80.920.730.570.70.790.33
0.990.590.990.970.980.950.90.940.970.341.00.810.990.890.310.980.860.930.920.960.890.680.770.950.33
0.960.530.950.980.960.990.860.940.990.540.960.880.960.920.480.950.80.830.860.860.830.840.730.880.5
0.970.550.970.980.980.990.880.970.990.50.980.870.980.920.410.970.810.850.890.880.850.810.730.910.46
0.410.060.390.460.330.540.410.340.540.50.390.390.410.490.40.410.40.260.310.210.140.680.360.30.52
0.990.60.990.980.980.970.891.00.960.980.390.830.990.90.360.990.840.910.920.940.880.710.760.940.35
0.780.650.780.80.840.840.580.810.880.870.390.830.80.720.540.810.490.610.740.680.760.790.580.780.46
1.00.51.00.990.980.970.940.990.960.980.410.990.80.930.320.990.890.930.90.960.860.70.760.920.37
0.940.280.930.960.910.960.930.890.920.920.490.90.720.930.360.910.910.840.790.850.730.670.630.790.36
0.310.360.310.410.320.450.230.310.480.410.40.360.540.320.360.390.190.160.420.180.410.490.320.390.25
0.990.520.990.980.970.970.910.980.950.970.410.990.810.990.910.390.860.910.890.940.850.690.730.910.34
0.910.170.90.90.810.860.980.860.80.810.40.840.490.890.910.190.860.90.750.890.670.480.670.740.27
0.940.40.950.910.880.850.930.930.830.850.260.910.610.930.840.160.910.90.830.990.80.510.840.850.28
0.90.620.90.880.90.860.80.920.860.890.310.920.740.90.790.420.890.750.830.870.970.690.810.990.3
0.960.470.970.930.920.870.920.960.860.880.210.940.680.960.850.180.940.890.990.870.850.530.80.890.26
0.850.660.860.840.890.810.730.890.830.850.140.880.760.860.730.410.850.670.80.970.850.650.770.970.27
0.690.450.670.730.730.780.570.680.840.810.680.710.790.70.670.490.690.480.510.690.530.650.650.70.76
0.760.50.770.740.710.690.70.770.730.730.360.760.580.760.630.320.730.670.840.810.80.770.650.810.54
0.910.690.920.890.930.870.790.950.880.910.30.940.780.920.790.390.910.740.850.990.890.970.70.810.3
0.370.110.340.390.380.420.330.330.50.460.520.350.460.370.360.250.340.270.280.30.260.270.760.540.3
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Xiamen CD Account Relationship Matchups

Xiamen CD fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets295.4B387.2B602.5B664.8B820.9B861.9B
Other Current Liab120.3B160.7B286.3B310.0B25.2B24.0B
Total Current Liabilities166.2B212.6B356.2B392.0B457.0B479.9B
Total Stockholder Equity30.9B38.4B50.8B58.5B69.5B73.0B
Other Liab8.0B6.7B16.7B19.6B22.6B23.7B
Retained Earnings26.9B30.1B34.7B37.0B47.3B49.7B
Accounts Payable20.7B23.7B31.9B66.1B93.1B97.7B
Cash35.3B53.8B90.3B96.5B98.3B103.3B
Other Assets19.4B23.3B28.2B29.0B33.4B35.0B
Long Term Debt58.9B71.8B89.1B89.8B104.6B109.8B
Net Receivables34.9B4.6B8.2B13.2B20.9B22.0B
Inventory173.3B222.1B346.8B361.5B370.2B388.7B
Other Current Assets21.8B30.5B37.8B20.7B25.3B26.6B
Total Liab229.3B301.1B465.5B499.4B596.2B626.0B
Intangible Assets709.2M830.3M880.4M1.1B1.8B1.8B
Property Plant Equipment2.1B2.2B2.7B3.8B4.4B4.6B
Short Term Investments670.9M367.2M697.4M1.9B2.8B3.0B
Good Will208.3M205.4M853.6M896.5M1.0B1.1B
Net Tangible Assets31.8B37.4B49.1B56.5B65.0B36.3B
Other Stockholder Equity(30.4M)409.9M2.6B10.2B11.7B12.3B
Deferred Long Term Liab451.4M400.5M770.2M978.3M1.1B593.4M
Short Long Term Debt4.0B1.7B9.0B9.1B9.6B6.2B
Total Current Assets268.2B348.5B550.7B599.2B629.8B358.5B
Non Current Assets Total27.2B38.6B51.8B65.5B191.1B200.6B
Non Currrent Assets Other1.3B2.6B1.1B1.3B5.6B5.9B
Non Current Liabilities Total63.1B88.5B109.3B107.4B139.2B87.5B
Non Current Liabilities Other3.1B10.2B16.5B12.8B14.4B8.7B
Net Debt25.7B19.7B7.9B2.4B15.9B14.8B
Net Invested Capital92.0B111.9B149.0B157.4B183.7B132.5B
Net Working Capital102.0B136.0B194.4B207.2B172.8B151.0B

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Other Information on Investing in Xiamen Stock

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