China Minority Interest vs Selling General Administrative Analysis

600675 Stock   2.90  0.05  1.75%   
China Enterprise financial indicator trend analysis is way more than just evaluating China Enterprise prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Enterprise is a good investment. Please check the relationship between China Enterprise Minority Interest and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Enterprise 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.

Minority Interest vs Selling General Administrative

Minority Interest vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Enterprise Minority Interest account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between China Enterprise's Minority Interest and Selling General Administrative is -0.16. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of China Enterprise Co, assuming nothing else is changed. The correlation between historical values of China Enterprise's Minority Interest and Selling General Administrative 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 China Enterprise Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Minority Interest i.e., China Enterprise's Minority Interest and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

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

Selling General Administrative

Most indicators from China Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Enterprise 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 Enterprise 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.
As of December 28, 2024, Tax Provision is expected to decline to about 570.2 M. In addition to that, Selling General Administrative is expected to decline to about 320.8 M
 2021 2023 2024 (projected)
Income Tax Expense871.1M1.0B1.1B
Income Before Tax2.1B1.0B1.3B

China Enterprise fundamental ratios Correlations

0.77-0.360.790.30.740.680.80.630.980.350.750.49-0.01-0.11-0.370.330.740.120.51-0.770.30.390.70.420.65
0.77-0.630.87-0.080.870.890.780.180.650.050.970.69-0.41-0.06-0.380.380.790.060.74-0.90.250.460.920.540.74
-0.36-0.63-0.550.14-0.6-0.59-0.370.0-0.240.33-0.62-0.40.260.33-0.1-0.56-0.44-0.29-0.770.550.0-0.64-0.61-0.36-0.46
0.790.87-0.55-0.060.630.670.660.310.670.250.760.5-0.040.19-0.070.310.590.110.75-0.690.020.420.790.610.62
0.3-0.080.14-0.060.2-0.040.050.60.410.54-0.02-0.250.15-0.170.080.210.260.52-0.06-0.150.660.01-0.12-0.07-0.31
0.740.87-0.60.630.20.930.740.30.68-0.010.930.7-0.53-0.4-0.460.610.890.260.66-0.930.510.610.790.320.67
0.680.89-0.590.67-0.040.930.830.230.6-0.030.950.89-0.63-0.31-0.560.460.84-0.030.68-0.860.290.580.840.380.81
0.80.78-0.370.660.050.740.830.470.790.270.810.79-0.36-0.09-0.610.150.68-0.220.42-0.710.180.330.760.440.88
0.630.180.00.310.60.30.230.470.730.660.190.20.08-0.02-0.080.390.260.180.24-0.190.190.43-0.01-0.170.14
0.980.65-0.240.670.410.680.60.790.730.430.650.440.01-0.15-0.40.310.680.120.38-0.690.330.350.570.310.59
0.350.050.330.250.54-0.01-0.030.270.660.43-0.020.020.10.390.11-0.04-0.090.06-0.080.090.0-0.07-0.09-0.01-0.12
0.750.97-0.620.76-0.020.930.950.810.190.65-0.020.76-0.53-0.19-0.520.40.870.020.72-0.930.370.480.890.450.76
0.490.69-0.40.5-0.250.70.890.790.20.440.020.76-0.71-0.29-0.650.270.56-0.360.49-0.56-0.050.460.640.210.8
-0.01-0.410.26-0.040.15-0.53-0.63-0.360.080.010.1-0.53-0.710.250.47-0.3-0.330.18-0.280.32-0.13-0.32-0.280.21-0.29
-0.11-0.060.330.19-0.17-0.4-0.31-0.09-0.02-0.150.39-0.19-0.290.250.35-0.4-0.34-0.09-0.120.28-0.2-0.32-0.120.1-0.16
-0.37-0.38-0.1-0.070.08-0.46-0.56-0.61-0.08-0.40.11-0.52-0.650.470.350.19-0.590.6-0.020.49-0.290.08-0.39-0.07-0.6
0.330.38-0.560.310.210.610.460.150.390.31-0.040.40.27-0.3-0.40.190.350.650.61-0.40.210.930.18-0.240.11
0.740.79-0.440.590.260.890.840.680.260.68-0.090.870.56-0.33-0.34-0.590.350.120.61-0.960.670.370.780.440.63
0.120.06-0.290.110.520.26-0.03-0.220.180.120.060.02-0.360.18-0.090.60.650.120.2-0.190.430.420.030.01-0.3
0.510.74-0.770.75-0.060.660.680.420.240.38-0.080.720.49-0.28-0.12-0.020.610.610.2-0.650.110.710.580.270.4
-0.77-0.90.55-0.69-0.15-0.93-0.86-0.71-0.19-0.690.09-0.93-0.560.320.280.49-0.4-0.96-0.19-0.65-0.59-0.41-0.88-0.53-0.68
0.30.250.00.020.660.510.290.180.190.330.00.37-0.05-0.13-0.2-0.290.210.670.430.11-0.590.040.260.120.01
0.390.46-0.640.420.010.610.580.330.430.35-0.070.480.46-0.32-0.320.080.930.370.420.71-0.410.040.27-0.170.35
0.70.92-0.610.79-0.120.790.840.76-0.010.57-0.090.890.64-0.28-0.12-0.390.180.780.030.58-0.880.260.270.780.81
0.420.54-0.360.61-0.070.320.380.44-0.170.31-0.010.450.210.210.1-0.07-0.240.440.010.27-0.530.12-0.170.780.51
0.650.74-0.460.62-0.310.670.810.880.140.59-0.120.760.8-0.29-0.16-0.60.110.63-0.30.4-0.680.010.350.810.51
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China Enterprise Account Relationship Matchups

China Enterprise fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.9B49.3B54.2B66.7B60.2B30.3B
Total Stockholder Equity15.2B15.7B15.5B14.4B14.8B15.6B
Other Liab1.4B197.3M368.2M807.6M928.8M882.3M
Retained Earnings6.8B7.4B7.4B6.1B6.6B3.3B
Accounts Payable2.7B2.2B1.9B1.8B2.4B1.7B
Cash13.7B11.6B14.3B17.3B18.5B19.4B
Other Assets11.0B12.7B12.4B19.4B22.3B23.4B
Long Term Debt15.2B10.7B19.4B20.2B15.7B16.4B
Inventory22.7B20.4B16.8B34.9B27.0B17.0B
Total Liab37.0B31.9B37.2B49.6B43.1B22.3B
Intangible Assets73.6M70.8M71.6M65.0M68.0M65.7M
Property Plant Equipment189.5M221.6M300.5M543.7M625.3M656.5M
Short Term Investments167.9M90.7M70.5M41.7M44.7M60.9M
Other Current Liab13.5B8.4B5.6B1.1B849.8M807.3M
Total Current Liabilities21.7B20.9B16.9B29.0B27.0B26.1B
Net Tangible Assets13.7B15.1B15.7B15.5B17.8B14.0B
Net Receivables1.8B107.1M160.3M256.9M242.7M230.5M
Other Current Assets711.5M1.5B391.5M857.0M1.1B636.7M
Deferred Long Term Liab14.9M16.1M11.1M7.7M8.9M12.5M
Total Current Assets39.0B36.0B32.8B54.4B47.1B44.5B
Non Current Assets Total14.8B13.4B21.4B12.3B13.1B13.3B
Non Currrent Assets Other4.0B4.2B10.2B503.0M12.0M11.4M
Non Current Liabilities Total15.3B11.0B20.2B20.6B16.1B15.1B
Non Current Liabilities Other1.3B6M260.0M16.8M17.5M16.6M
Net Invested Capital30.3B26.4B34.9B34.6B30.5B29.5B
Net Working Capital17.3B15.1B15.9B25.4B20.1B18.0B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Enterprise at a specified time, usually calculated after every quarter, six months, or one year. China Enterprise Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Enterprise 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.