Tianjin Total Revenue vs Minority Interest Analysis

600488 Stock   4.54  0.09  2.02%   
Tianjin Tianyao financial indicator trend analysis is much more than just breaking down Tianjin Tianyao Phar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Tianyao Phar is a good investment. Please check the relationship between Tianjin Tianyao Total Revenue and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Tianyao Pharmaceuticals. 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.

Total Revenue vs Minority Interest

Total Revenue vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Tianyao Phar Total Revenue account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Tianjin Tianyao's Total Revenue and Minority Interest is 0.01. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Tianjin Tianyao Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Tianjin Tianyao's Total Revenue 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 Total Revenue of Tianjin Tianyao Pharmaceuticals 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 Total Revenue i.e., Tianjin Tianyao's Total Revenue and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Tianjin Tianyao Phar generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 Tianjin Tianyao Pharmaceuticals whose combined shares represent less than 50% of the total outstanding shares issued by Tianjin Tianyao have a minority interest in Tianjin Tianyao.
Most indicators from Tianjin Tianyao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Tianyao Phar 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 Tianjin Tianyao Pharmaceuticals. 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 1.2 B, whereas Tax Provision is forecasted to decline to about 5.3 M.
 2021 2022 2023 2024 (projected)
Operating Income239.2M246.9M244.3M157.1M
Total Revenue3.7B3.7B3.8B4.0B

Tianjin Tianyao fundamental ratios Correlations

0.460.930.880.740.950.820.350.810.070.860.76-0.180.950.730.830.85-0.230.730.830.840.430.760.530.880.87
0.460.450.480.040.540.2-0.210.21-0.380.570.66-0.050.350.060.450.250.170.290.20.170.030.280.20.330.32
0.930.450.690.770.820.860.170.84-0.090.70.72-0.150.960.760.650.81-0.190.730.830.870.490.790.650.910.9
0.880.480.690.480.940.590.540.570.140.870.78-0.160.690.470.980.71-0.250.580.540.570.170.590.260.60.59
0.740.040.770.480.580.890.190.970.030.560.38-0.240.820.950.430.92-0.630.850.890.860.490.730.520.930.91
0.950.540.820.940.580.70.380.670.00.90.84-0.220.810.570.910.77-0.160.690.670.710.260.710.340.750.74
0.820.20.860.590.890.70.210.940.10.60.66-0.290.860.910.540.93-0.560.860.780.750.460.930.480.910.9
0.35-0.210.170.540.190.380.210.180.220.40.11-0.340.210.30.640.33-0.320.220.080.15-0.330.31-0.090.10.02
0.810.210.840.570.970.670.940.180.020.670.53-0.230.870.950.510.97-0.610.910.880.830.430.830.460.960.94
0.07-0.38-0.090.140.030.00.10.220.02-0.08-0.020.430.080.00.050.04-0.18-0.190.06-0.090.3-0.05-0.13-0.050.01
0.860.570.70.870.560.90.60.40.67-0.080.65-0.270.720.580.870.76-0.230.720.640.640.050.620.210.710.68
0.760.660.720.780.380.840.660.110.53-0.020.65-0.10.640.370.70.61-0.10.560.40.430.270.730.250.570.6
-0.18-0.05-0.15-0.16-0.24-0.22-0.29-0.34-0.230.43-0.27-0.1-0.15-0.39-0.28-0.30.23-0.36-0.13-0.130.11-0.42-0.12-0.25-0.19
0.950.350.960.690.820.810.860.210.870.080.720.64-0.150.810.630.83-0.210.710.910.90.560.770.630.950.94
0.730.060.760.470.950.570.910.30.950.00.580.37-0.390.810.450.92-0.660.830.80.760.340.820.480.90.85
0.830.450.650.980.430.910.540.640.510.050.870.7-0.280.630.450.67-0.230.570.490.540.060.550.250.550.52
0.850.250.810.710.920.770.930.330.970.040.760.61-0.30.830.920.67-0.670.920.810.770.320.850.380.910.88
-0.230.17-0.19-0.25-0.63-0.16-0.56-0.32-0.61-0.18-0.23-0.10.23-0.21-0.66-0.23-0.67-0.59-0.28-0.20.0-0.45-0.07-0.4-0.35
0.730.290.730.580.850.690.860.220.91-0.190.720.56-0.360.710.830.570.92-0.590.730.740.150.820.290.830.8
0.830.20.830.540.890.670.780.080.880.060.640.4-0.130.910.80.490.81-0.280.730.950.640.590.590.940.95
0.840.170.870.570.860.710.750.150.83-0.090.640.43-0.130.90.760.540.77-0.20.740.950.540.60.650.90.9
0.430.030.490.170.490.260.46-0.330.430.30.050.270.110.560.340.060.320.00.150.640.540.210.620.550.65
0.760.280.790.590.730.710.930.310.83-0.050.620.73-0.420.770.820.550.85-0.450.820.590.60.210.280.790.76
0.530.20.650.260.520.340.48-0.090.46-0.130.210.25-0.120.630.480.250.38-0.070.290.590.650.620.280.590.59
0.880.330.910.60.930.750.910.10.96-0.050.710.57-0.250.950.90.550.91-0.40.830.940.90.550.790.590.99
0.870.320.90.590.910.740.90.020.940.010.680.6-0.190.940.850.520.88-0.350.80.950.90.650.760.590.99
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Tianjin Tianyao Account Relationship Matchups

Tianjin Tianyao fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B6.2B6.3B6.7B6.1B3.6B
Other Current Liab278.7M342.7M352.9M17.6M16.9M16.0M
Total Current Liabilities1.8B1.8B2.0B2.3B1.9B1.0B
Total Stockholder Equity2.9B3.0B3.0B3.0B3.0B2.1B
Other Liab115.4M145.7M137.1M158.0M181.7M190.8M
Retained Earnings1.3B1.3B1.4B1.4B1.3B720.8M
Accounts Payable505.0M592.2M565.9M792.9M719.6M755.5M
Cash245.9M244.4M232.2M647.7M718.9M376.3M
Other Assets421.6M539.9M561.4M554.2M637.3M669.2M
Net Receivables364.3M378.6M501.1M342.1M430.0M277.0M
Inventory1.3B1.1B975.6M1.2B725.6M753.7M
Other Current Assets37.3M33.8M47.6M17.9M6.9M6.6M
Total Liab1.7B2.4B2.5B2.9B2.4B1.3B
Intangible Assets167.1M252.0M342.0M427.9M472.1M495.7M
Property Plant Equipment2.5B3.0B3.2B3.3B3.9B4.0B
Net Tangible Assets2.9B2.9B2.8B2.7B3.1B3.0B
Other Stockholder Equity109.6M244.5M207.9M170.4M195.9M100.2M
Short Long Term Debt494.7M830.6M588.6M648.3M270.3M441.2M
Total Current Assets2.0B1.9B1.9B2.4B2.1B2.2B
Non Current Assets Total3.4B4.3B4.5B4.3B4.0B3.7B
Non Currrent Assets Other272.4M371.0M378.3M338.7M287.2M267.0M
Non Current Liabilities Total89.0M598.0M504.6M616.8M448.9M424.1M
Deferred Long Term Liab103.3M134.0M151.0M175.1M201.4M127.7M
Net Invested Capital3.4B4.2B3.9B4.1B3.5B4.0B
Net Working Capital246.1M81.0M(141.0M)80.4M167.8M259.5M
Net Debt248.8M988.6M723.6M459.2M528.1M629.1M

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Other Information on Investing in Tianjin Stock

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