Gansu Research Development vs Minority Interest Analysis

600307 Stock   1.69  0.01  0.59%   
Gansu Jiu financial indicator trend analysis is much more than just examining Gansu Jiu Steel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gansu Jiu Steel is a good investment. Please check the relationship between Gansu Jiu Research Development and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gansu Jiu Steel. 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.

Research Development vs Minority Interest

Research Development vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gansu Jiu Steel Research Development account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gansu Jiu's Research Development and Minority Interest is 0.2. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Gansu Jiu Steel, assuming nothing else is changed. The correlation between historical values of Gansu Jiu's Research Development 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 Research Development of Gansu Jiu Steel 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 Research Development i.e., Gansu Jiu's Research Development and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Research Development

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 Gansu Jiu Steel whose combined shares represent less than 50% of the total outstanding shares issued by Gansu Jiu have a minority interest in Gansu Jiu.
Most indicators from Gansu Jiu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gansu Jiu Steel 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 Gansu Jiu Steel. 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 2.1 B, whereas Tax Provision is forecasted to decline to about 7 M.

Gansu Jiu fundamental ratios Correlations

0.390.940.930.290.440.70.510.430.480.830.420.990.740.920.220.430.020.010.020.04-0.05-0.02-0.02-0.030.05
0.390.360.390.670.090.56-0.180.010.450.580.750.37-0.070.18-0.45-0.22-0.21-0.30.31-0.25-0.35-0.22-0.36-0.34-0.23
0.940.360.830.160.380.560.370.180.450.710.480.950.790.930.360.57-0.020.020.040.060.170.040.09-0.18-0.03
0.930.390.830.460.410.770.520.390.390.890.340.860.620.780.120.230.120.05-0.010.03-0.10.08-0.07-0.180.07
0.290.670.160.46-0.20.790.040.060.490.60.520.2-0.31-0.05-0.63-0.61-0.32-0.450.54-0.48-0.58-0.37-0.67-0.340.02
0.440.090.380.41-0.20.150.010.55-0.250.43-0.110.430.420.420.260.290.670.64-0.740.60.190.550.510.470.3
0.70.560.560.770.790.150.370.440.590.830.470.640.10.38-0.37-0.27-0.32-0.380.4-0.38-0.51-0.39-0.54-0.03-0.05
0.51-0.180.370.520.040.010.370.460.350.26-0.270.490.440.510.220.19-0.14-0.220.18-0.2-0.45-0.28-0.350.160.06
0.430.010.180.390.060.550.440.460.210.44-0.110.430.120.31-0.2-0.050.090.03-0.20.02-0.4-0.13-0.120.720.21
0.480.450.450.390.49-0.250.590.350.210.40.590.490.030.34-0.45-0.14-0.64-0.630.72-0.67-0.47-0.67-0.68-0.16-0.16
0.830.580.710.890.60.430.830.260.440.40.580.770.390.59-0.190.040.07-0.010.030.05-0.150.07-0.12-0.130.14
0.420.750.480.340.52-0.110.47-0.27-0.110.590.580.430.040.27-0.380.03-0.39-0.420.46-0.290.03-0.22-0.22-0.46-0.1
0.990.370.950.860.20.430.640.490.430.490.770.430.770.940.250.49-0.020.00.020.05-0.02-0.060.010.030.04
0.74-0.070.790.62-0.310.420.10.440.120.030.390.040.770.920.750.830.350.39-0.360.440.410.330.49-0.030.11
0.920.180.930.78-0.050.420.380.510.310.340.590.270.940.920.510.70.140.16-0.140.20.180.10.22-0.010.07
0.22-0.450.360.12-0.630.26-0.370.22-0.2-0.45-0.19-0.380.250.750.510.840.420.48-0.480.520.580.450.650.030.12
0.43-0.220.570.23-0.610.29-0.270.19-0.05-0.140.040.030.490.830.70.840.230.31-0.340.390.640.340.630.00.08
0.02-0.21-0.020.12-0.320.67-0.32-0.140.09-0.640.07-0.39-0.020.350.140.420.230.91-0.930.850.430.890.740.130.46
0.01-0.30.020.05-0.450.64-0.38-0.220.03-0.63-0.01-0.420.00.390.160.480.310.91-0.920.910.570.850.810.170.23
0.020.310.04-0.010.54-0.740.40.18-0.20.720.030.460.02-0.36-0.14-0.48-0.34-0.93-0.92-0.89-0.51-0.84-0.84-0.34-0.3
0.04-0.250.060.03-0.480.6-0.38-0.20.02-0.670.05-0.290.050.440.20.520.390.850.91-0.890.570.840.820.160.24
-0.05-0.350.17-0.1-0.580.19-0.51-0.45-0.4-0.47-0.150.03-0.020.410.180.580.640.430.57-0.510.570.670.87-0.230.02
-0.02-0.220.040.08-0.370.55-0.39-0.28-0.13-0.670.07-0.22-0.060.330.10.450.340.890.85-0.840.840.670.8-0.140.31
-0.02-0.360.09-0.07-0.670.51-0.54-0.35-0.12-0.68-0.12-0.220.010.490.220.650.630.740.81-0.840.820.870.80.090.17
-0.03-0.34-0.18-0.18-0.340.47-0.030.160.72-0.16-0.13-0.460.03-0.03-0.010.030.00.130.17-0.340.16-0.23-0.140.090.28
0.05-0.23-0.030.070.020.3-0.050.060.21-0.160.14-0.10.040.110.070.120.080.460.23-0.30.240.020.310.170.28
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Gansu Jiu Account Relationship Matchups

Gansu Jiu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.6B41.4B41.9B40.4B44.4B31.0B
Other Current Liab727.9M1.0B1.5B1.7B101.8M96.7M
Total Current Liabilities26.4B27.2B23.9B23.0B24.5B18.3B
Total Stockholder Equity11.8B12.3B13.8B11.2B10.1B9.4B
Retained Earnings(1.3B)(798.5M)689.1M(3.3B)(4.3B)(4.1B)
Accounts Payable8.3B10.4B11.3B11.3B14.0B14.7B
Cash4.1B4.4B4.8B4.5B4.3B4.3B
Other Assets165.0M154.5M174.8M307.9M354.1M237.8M
Long Term Debt1.0B1.3B3.9B5.8B9.4B9.9B
Net Receivables1.8B164.2M242.3M161.9M320.3M304.3M
Inventory5.4B6.6B8.1B5.4B5.6B4.9B
Other Current Assets594.4M421.1M758.0M346.3M101.2M96.1M
Total Liab27.7B29.1B28.1B29.2B34.2B21.5B
Property Plant Equipment23.8B24.0B23.9B24.0B27.6B16.5B
Intangible Assets2.8B2.7B2.6B2.6B3.4B1.7B
Other Liab326.8M301.5M293.3M320.3M368.3M235.5M
Net Tangible Assets9.0B9.6B11.2B8.5B9.8B8.9B
Other Stockholder Equity106.6M142.2M142.4M122.8M141.2M124.1M
Deferred Long Term Liab8.5M8.0M7.5M7.0M6.3M6.8M
Short Long Term Debt16.7B14.3B9.5B7.3B8.0B9.9B
Total Current Assets11.9B13.9B14.2B10.7B10.8B12.5B
Non Current Assets Total27.6B27.5B27.7B29.7B33.6B31.8B
Non Currrent Assets Other97.8M105.7M215.9M9.3M201.2M128.9M
Non Current Liabilities Total1.3B1.9B4.3B6.2B9.8B10.2B
Non Current Liabilities Other960M1.0B18.0M17.9M15.8M15.0M
Net Debt13.6B11.3B8.6B8.6B13.1B9.8B
Net Invested Capital29.5B28.0B27.2B24.3B27.6B22.3B
Net Working Capital(14.4B)(13.2B)(9.6B)(12.3B)(13.7B)(14.4B)

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Other Information on Investing in Gansu Stock

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