Bank Gross Profit vs Minority Interest Analysis

600919 Stock   8.86  0.16  1.77%   
Bank of Jiangsu financial indicator trend analysis is way more than just evaluating Bank of Jiangsu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Jiangsu is a good investment. Please check the relationship between Bank of Jiangsu Gross Profit and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Jiangsu. 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.

Gross Profit vs Minority Interest

Gross Profit vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Jiangsu Gross Profit account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Bank of Jiangsu's Gross Profit and Minority Interest is 0.07. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Bank of Jiangsu, assuming nothing else is changed. The correlation between historical values of Bank of Jiangsu's Gross Profit 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 Gross Profit of Bank of Jiangsu 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 Gross Profit i.e., Bank of Jiangsu's Gross Profit and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bank of Jiangsu minus its cost of goods sold. It is profit before Bank of Jiangsu operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Bank of Jiangsu whose combined shares represent less than 50% of the total outstanding shares issued by Bank of Jiangsu have a minority interest in Bank of Jiangsu.
Most indicators from Bank of Jiangsu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Jiangsu 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 Bank of Jiangsu. 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 12.1 B. The current year's Tax Provision is expected to grow to about 9.1 B
 2023 2024 (projected)
Operating Income18.0B15.7B
Total Revenue74.3B78.0B

Bank of Jiangsu fundamental ratios Correlations

0.99-0.450.360.98-0.451.00.060.810.940.750.920.90.90.880.890.570.720.860.860.280.890.830.770.830.87
0.99-0.360.390.98-0.450.990.010.80.930.730.890.920.910.90.910.620.730.880.910.320.910.820.810.820.89
-0.45-0.36-0.05-0.440.06-0.46-0.38-0.44-0.34-0.48-0.67-0.13-0.25-0.21-0.24-0.19-0.02-0.41-0.060.33-0.2-0.48-0.06-0.48-0.19
0.360.39-0.050.37-0.290.360.030.440.430.510.330.290.420.460.490.2-0.050.180.450.30.40.410.470.410.45
0.980.98-0.440.37-0.490.98-0.070.760.920.740.910.90.910.90.90.60.720.860.880.290.910.840.80.840.9
-0.45-0.450.06-0.29-0.49-0.450.47-0.38-0.29-0.57-0.53-0.32-0.53-0.53-0.52-0.43-0.14-0.48-0.370.02-0.53-0.65-0.45-0.65-0.54
1.00.99-0.460.360.98-0.450.060.810.940.750.920.90.890.870.890.570.720.860.860.280.890.830.760.830.87
0.060.01-0.380.03-0.070.470.060.350.040.150.08-0.13-0.12-0.12-0.12-0.05-0.13-0.09-0.13-0.13-0.12-0.05-0.12-0.05-0.1
0.810.8-0.440.440.76-0.380.810.350.720.810.760.630.840.850.840.580.430.690.70.340.820.790.780.790.74
0.940.93-0.340.430.92-0.290.940.040.720.610.80.940.840.820.860.350.80.720.850.50.830.660.710.660.79
0.750.73-0.480.510.74-0.570.750.150.810.610.810.520.760.770.730.610.250.580.60.020.740.860.690.860.82
0.920.89-0.670.330.91-0.530.920.080.760.80.810.690.780.760.770.570.470.850.65-0.020.760.890.610.890.76
0.90.92-0.130.290.9-0.320.9-0.130.630.940.520.690.870.850.870.410.920.730.910.570.870.620.770.620.82
0.90.91-0.250.420.91-0.530.89-0.120.840.840.760.780.870.990.990.590.690.810.870.480.990.870.910.870.92
0.880.9-0.210.460.9-0.530.87-0.120.850.820.770.760.850.990.990.650.640.790.90.480.980.850.940.850.93
0.890.91-0.240.490.9-0.520.89-0.120.840.860.730.770.870.990.990.570.670.790.880.530.980.840.920.840.89
0.570.62-0.190.20.6-0.430.57-0.050.580.350.610.570.410.590.650.570.190.630.66-0.060.660.660.740.660.68
0.720.73-0.02-0.050.72-0.140.72-0.130.430.80.250.470.920.690.640.670.190.560.740.610.690.360.560.360.6
0.860.88-0.410.180.86-0.480.86-0.090.690.720.580.850.730.810.790.790.630.560.730.060.790.860.640.860.76
0.860.91-0.060.450.88-0.370.86-0.130.70.850.60.650.910.870.90.880.660.740.730.530.90.650.880.650.88
0.280.320.330.30.290.020.28-0.130.340.50.02-0.020.570.480.480.53-0.060.610.060.530.480.010.530.010.3
0.890.91-0.20.40.91-0.530.89-0.120.820.830.740.760.870.990.980.980.660.690.790.90.480.840.950.840.94
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.840.741.00.85
0.770.81-0.060.470.8-0.450.76-0.120.780.710.690.610.770.910.940.920.740.560.640.880.530.950.740.740.88
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.841.00.740.85
0.870.89-0.190.450.9-0.540.87-0.10.740.790.820.760.820.920.930.890.680.60.760.880.30.940.850.880.85
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Bank of Jiangsu Account Relationship Matchups

Bank of Jiangsu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1T2.3T2.6T3.0T3.4T3.6T
Total Stockholder Equity132.8B178.0B192.2B208.6B250.4B262.9B
Other Liab6.9B8.2B10.3B11.9B10.7B10.4B
Cash198.3B237.3B1.9T256.4B288.5B242.8B
Other Assets1.2T1.4T1.7T1.9T2.2T2.3T
Total Liab1.9T2.2T2.4T2.8T3.1T3.3T
Intangible Assets635.6M599.2M589.5M580.5M534.5M572.2M
Property Plant Equipment5.5B5.3B5.2B8.7B10.0B10.5B
Retained Earnings80.7B91.5B104.7B122.4B63.8B49.8B
Other Current Liab7.3B10.1B17.6B27.1B31.2B32.7B
Total Current Liabilities1.9T2.1T2.4T2.7T3.1T2.1T
Net Tangible Assets112.2B157.5B171.7B185.7B213.6B132.8B
Accounts Payable1.2T1.3T1.4T1.6T1.9T1.4T
Net Receivables422.8M8.1B15.0B4.6B5.3B4.7B
Other Current Assets139.9B129.3B140.9B128.9B148.2B142.5B
Other Stockholder Equity578.2M4.4B24.1B25.1B28.8B30.2B
Deferred Long Term Liab261.1M273.0M294.6M376.5M433.0M336.8M
Long Term Investments784.8B848.5B920.3B1.1T1.2T825.4B
Total Current Assets229.9B443.0B503.4B527.2B606.3B388.6B
Net Debt203.0B227.1B266.1B324.0B255.1B234.2B
Common Stock Shares Outstanding12.2B14.8B14.8B14.8B18.4B15.6B
Net Invested Capital514.1B622.5B676.6B769.0B774.0B655.9B
Capital Stock31.5B34.7B34.7B34.7B38.3B37.7B

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Other Information on Investing in Bank Stock

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