Sinomach Net Interest Income vs Minority Interest Analysis

600335 Stock   6.38  0.06  0.95%   
Sinomach Automobile financial indicator trend analysis is much more than just breaking down Sinomach Automobile prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinomach Automobile is a good investment. Please check the relationship between Sinomach Automobile 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 Sinomach Automobile Co. 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 Sinomach Automobile Net Interest Income account and Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sinomach Automobile's Net Interest Income and Minority Interest is -0.52. 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 Sinomach Automobile Co, assuming nothing else is changed. The correlation between historical values of Sinomach Automobile'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 Sinomach Automobile Co 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., Sinomach Automobile's Net Interest Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 Sinomach Automobile Co whose combined shares represent less than 50% of the total outstanding shares issued by Sinomach Automobile have a minority interest in Sinomach Automobile.
Most indicators from Sinomach Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinomach Automobile 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 Sinomach Automobile Co. 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 Tax Provision is expected to grow to about 161.5 M, whereas Selling General Administrative is forecasted to decline to about 549.3 M.
 2022 2023 2024 2025 (projected)
Operating Income1.1B873.3M1.0B857.2M
Total Revenue39.6B43.5B50.0B32.8B

Sinomach Automobile fundamental ratios Correlations

0.370.910.870.750.870.310.630.060.790.390.380.970.710.840.830.780.66-0.68-0.650.630.370.470.670.63-0.65
0.370.370.390.50.230.450.520.40.340.140.610.320.470.40.50.540.43-0.45-0.360.420.320.070.40.44-0.44
0.910.370.670.590.780.270.520.020.680.630.550.950.590.620.740.630.47-0.46-0.450.450.350.540.50.49-0.53
0.870.390.670.930.870.150.740.130.910.010.110.720.690.990.930.90.91-0.88-0.910.860.550.470.90.7-0.85
0.750.50.590.930.860.060.80.260.91-0.050.160.590.690.920.960.890.94-0.94-0.890.880.60.590.920.82-0.94
0.870.230.780.870.860.070.750.170.880.250.160.780.670.850.910.760.76-0.76-0.70.680.470.620.730.74-0.77
0.310.450.270.150.060.070.290.20.080.130.340.360.170.210.130.210.06-0.13-0.010.05-0.07-0.140.00.150.01
0.630.520.520.740.80.750.290.620.820.170.120.510.520.770.850.740.75-0.79-0.620.750.710.380.770.87-0.71
0.060.40.020.130.260.170.20.620.120.290.290.020.430.140.240.250.16-0.190.010.260.57-0.220.220.38-0.04
0.790.340.680.910.910.880.080.820.120.050.020.650.490.920.960.830.9-0.9-0.870.870.640.670.910.82-0.91
0.390.140.630.01-0.050.250.130.170.290.050.610.550.3-0.060.140.13-0.160.150.23-0.080.150.06-0.120.040.15
0.380.610.550.110.160.160.340.120.290.020.610.480.630.020.230.25-0.040.020.080.00.110.02-0.010.08-0.02
0.970.320.950.720.590.780.360.510.020.650.550.480.640.680.70.640.47-0.51-0.460.450.240.430.490.53-0.48
0.710.470.590.690.690.670.170.520.430.490.30.630.640.610.660.70.52-0.52-0.480.510.410.150.530.46-0.45
0.840.40.620.990.920.850.210.770.140.92-0.060.020.680.610.920.880.92-0.9-0.910.860.540.450.90.73-0.85
0.830.50.740.930.960.910.130.850.240.960.140.230.70.660.920.890.9-0.89-0.850.850.640.630.890.82-0.91
0.780.540.630.90.890.760.210.740.250.830.130.250.640.70.880.890.92-0.89-0.890.90.570.480.840.65-0.83
0.660.430.470.910.940.760.060.750.160.9-0.16-0.040.470.520.920.90.92-0.96-0.980.960.610.580.940.73-0.93
-0.68-0.45-0.46-0.88-0.94-0.76-0.13-0.79-0.19-0.90.150.02-0.51-0.52-0.9-0.89-0.89-0.960.92-0.9-0.51-0.58-0.9-0.840.94
-0.65-0.36-0.45-0.91-0.89-0.7-0.01-0.620.01-0.870.230.08-0.46-0.48-0.91-0.85-0.89-0.980.92-0.93-0.55-0.54-0.93-0.620.91
0.630.420.450.860.880.680.050.750.260.87-0.080.00.450.510.860.850.90.96-0.9-0.930.760.550.970.72-0.84
0.370.320.350.550.60.47-0.070.710.570.640.150.110.240.410.540.640.570.61-0.51-0.550.760.30.780.54-0.51
0.470.070.540.470.590.62-0.140.38-0.220.670.060.020.430.150.450.630.480.58-0.58-0.540.550.30.540.6-0.71
0.670.40.50.90.920.730.00.770.220.91-0.12-0.010.490.530.90.890.840.94-0.9-0.930.970.780.540.76-0.88
0.630.440.490.70.820.740.150.870.380.820.040.080.530.460.730.820.650.73-0.84-0.620.720.540.60.76-0.77
-0.65-0.44-0.53-0.85-0.94-0.770.01-0.71-0.04-0.910.15-0.02-0.48-0.45-0.85-0.91-0.83-0.930.940.91-0.84-0.51-0.71-0.88-0.77
Click cells to compare fundamentals

Sinomach Automobile Account Relationship Matchups

Sinomach Automobile fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets32.2B30.1B32.5B34.5B39.7B41.6B
Other Current Liab5.8B8.1B187.0M2.2B2.5B2.0B
Total Current Liabilities19.7B18.6B20.1B22.7B26.1B27.4B
Total Stockholder Equity10.5B10.6B11.2B10.9B12.6B13.2B
Other Liab578.6M710.4M680.9M563.4M648.0M680.4M
Accounts Payable9.8B7.3B11.3B13.2B15.2B15.9B
Cash4.4B5.2B3.2B3.6B4.1B2.7B
Other Assets2.3B3.3B1.9B1.6B1.8B1.9B
Long Term Debt1.4B80.4M234.0M34.1M39.2M37.2M
Net Receivables4.5B5.6B6.7B6.4B7.3B7.7B
Inventory6.7B3.5B7.3B7.1B8.1B5.8B
Other Current Assets3.4B3.9B1.1B1.5B1.7B1.8B
Total Liab21.8B19.6B21.3B23.6B27.2B28.5B
Intangible Assets771.1M690.7M636.8M624.3M718.0M753.9M
Property Plant Equipment3.1B3.3B2.5B2.7B3.1B3.2B
Retained Earnings5.9B6.0B6.0B5.9B6.7B3.6B
Net Tangible Assets8.9B9.3B9.8B9.9B11.4B8.7B
Other Stockholder Equity195.6M11.0M80.2M87.9M79.1M150.3M
Deferred Long Term Liab209.2M216.9M167.8M146.2M131.5M178.6M
Short Long Term Debt2.0B1.5B2.6B2.1B2.4B2.9B
Total Current Assets25.8B24.0B26.6B28.7B33.1B27.6B
Non Current Assets Total6.4B6.1B6.0B5.7B6.6B6.8B
Non Current Liabilities Total2.1B1.0B1.3B884.3M795.9M1.5B
Non Current Liabilities Other31.6M36.8M28.2M26.2M30.1M21.2M
Net Invested Capital14.0B12.2B14.1B13.1B11.8B11.5B
Net Working Capital6.2B5.4B6.5B6.0B6.9B5.9B
Property Plant And Equipment Net2.5B2.7B2.8B3.1B2.8B2.3B
Short Term Investments873.2M713.2M142.3M116.3M104.7M99.5M
Property Plant And Equipment Gross4.1B4.2B4.4B4.9B5.7B5.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Sinomach Stock

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