601162 Stock | | | 4.81 0.11 2.34% |
Tianfeng Securities financial indicator trend analysis is much more than just breaking down Tianfeng Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianfeng Securities is a good investment. Please check the relationship between Tianfeng Securities Gross Profit and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianfeng Securities 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.
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
Tianfeng Securities Gross Profit account and
Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Tianfeng Securities' Gross Profit and Minority Interest is 0.06. 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 Tianfeng Securities Co, assuming nothing else is changed. The correlation between historical values of Tianfeng Securities' 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 Tianfeng Securities 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 Gross Profit i.e., Tianfeng Securities' Gross Profit and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Tianfeng Securities Co minus its cost of goods sold. It is profit before Tianfeng Securities 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 Tianfeng Securities Co whose combined shares represent less than 50% of the total outstanding shares issued by Tianfeng Securities have a minority interest in Tianfeng Securities.
Most indicators from Tianfeng Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianfeng Securities 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 Tianfeng Securities 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 2, 2024,
Selling General Administrative is expected to decline to about 887.6
M. The current year's
Tax Provision is expected to grow to about (93.4
M)
Tianfeng Securities fundamental ratios Correlations
Click cells to compare fundamentals
Tianfeng Securities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianfeng Securities fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tianfeng Stock
Balance Sheet is a snapshot of the
financial position of Tianfeng Securities at a specified time, usually calculated after every quarter, six months, or one year. Tianfeng Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianfeng Securities 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 Tianfeng currently owns. An asset can also be divided into two categories, current and non-current.