Shanghai Minority Interest vs Net Income From Continuing Ops Analysis

601607 Stock   20.15  0.32  1.61%   
Shanghai Pharmaceuticals financial indicator trend analysis is much more than just breaking down Shanghai Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Pharmaceuticals is a good investment. Please check the relationship between Shanghai Pharmaceuticals Minority Interest and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Pharmaceuticals Holding. 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.

Minority Interest vs Net Income From Continuing Ops

Minority Interest vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Pharmaceuticals Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanghai Pharmaceuticals' Minority Interest and Net Income From Continuing Ops is -0.17. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Shanghai Pharmaceuticals Holding, assuming nothing else is changed. The correlation between historical values of Shanghai Pharmaceuticals' Minority Interest and Net Income From Continuing Ops 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 Shanghai Pharmaceuticals Holding are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., Shanghai Pharmaceuticals' Minority Interest and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.17
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 Shanghai Pharmaceuticals Holding whose combined shares represent less than 50% of the total outstanding shares issued by Shanghai Pharmaceuticals have a minority interest in Shanghai Pharmaceuticals.

Net Income From Continuing Ops

Most indicators from Shanghai Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Pharmaceuticals 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 Shanghai Pharmaceuticals Holding. 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.
As of January 31, 2025, Selling General Administrative is expected to decline to about 6.7 B. In addition to that, Tax Provision is expected to decline to about 1.6 B
 2022 2023 2024 2025 (projected)
Operating Income8.8B9.6B11.0B11.5B
Total Revenue232.0B260.3B299.3B314.3B

Shanghai Pharmaceuticals fundamental ratios Correlations

0.791.00.990.991.00.980.740.741.00.911.00.251.00.760.850.980.970.830.86-0.460.570.880.90.90.83
0.790.790.720.830.780.740.810.740.810.870.770.740.810.620.60.890.850.90.7-0.720.920.840.780.680.89
1.00.790.980.990.990.970.730.721.00.910.990.251.00.740.830.980.970.820.87-0.450.580.890.910.90.83
0.990.720.980.970.990.990.690.670.980.840.990.170.980.80.910.950.940.780.84-0.360.460.830.860.870.76
0.990.830.990.970.990.960.770.750.990.90.990.340.990.740.820.990.990.860.87-0.480.620.90.910.890.86
1.00.780.990.990.990.970.760.741.00.881.00.280.990.750.870.970.960.830.84-0.450.550.860.890.880.81
0.980.740.970.990.960.970.660.650.960.860.970.170.970.830.910.940.940.770.83-0.380.490.820.850.870.75
0.740.810.730.690.770.760.660.840.780.770.760.620.760.410.60.810.750.810.57-0.780.720.80.760.620.82
0.740.740.720.670.750.740.650.840.760.830.760.430.760.430.520.760.720.80.58-0.80.720.740.790.670.82
1.00.811.00.980.991.00.960.780.760.920.990.31.00.730.830.980.970.850.86-0.50.610.90.910.890.85
0.910.870.910.840.90.880.860.770.830.920.890.380.930.660.640.930.90.870.81-0.710.780.880.890.860.89
1.00.770.990.990.991.00.970.760.760.990.890.260.990.750.870.970.950.830.83-0.470.550.860.90.880.82
0.250.740.250.170.340.280.170.620.430.30.380.260.280.10.160.420.370.60.18-0.620.790.430.310.140.55
1.00.811.00.980.990.990.970.760.761.00.930.990.280.740.820.980.970.840.87-0.490.610.90.920.90.85
0.760.620.740.80.740.750.830.410.430.730.660.750.10.740.840.730.720.60.67-0.210.370.570.580.660.5
0.850.60.830.910.820.870.910.60.520.830.640.870.160.820.840.80.780.660.63-0.250.30.620.660.670.55
0.980.890.980.950.990.970.940.810.760.980.930.970.420.980.730.80.990.880.87-0.550.710.920.910.870.9
0.970.850.970.940.990.960.940.750.720.970.90.950.370.970.720.780.990.850.88-0.470.660.920.910.880.88
0.830.90.820.780.860.830.770.810.80.850.870.830.60.840.60.660.880.850.79-0.720.740.910.910.840.96
0.860.70.870.840.870.840.830.570.580.860.810.830.180.870.670.630.870.880.79-0.30.480.910.90.960.82
-0.46-0.72-0.45-0.36-0.48-0.45-0.38-0.78-0.8-0.5-0.71-0.47-0.62-0.49-0.21-0.25-0.55-0.47-0.72-0.3-0.8-0.58-0.58-0.42-0.72
0.570.920.580.460.620.550.490.720.720.610.780.550.790.610.370.30.710.660.740.48-0.80.680.590.460.77
0.880.840.890.830.90.860.820.80.740.90.880.860.430.90.570.620.920.920.910.91-0.580.680.960.910.96
0.90.780.910.860.910.890.850.760.790.910.890.90.310.920.580.660.910.910.910.9-0.580.590.960.960.95
0.90.680.90.870.890.880.870.620.670.890.860.880.140.90.660.670.870.880.840.96-0.420.460.910.960.86
0.830.890.830.760.860.810.750.820.820.850.890.820.550.850.50.550.90.880.960.82-0.720.770.960.950.86
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Shanghai Pharmaceuticals Account Relationship Matchups

Shanghai Pharmaceuticals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets149.2B163.4B198.1B212.0B243.8B256.0B
Other Current Liab9.5B9.7B6.4B6.3B7.2B7.6B
Total Current Liabilities88.1B91.8B110.7B122.4B140.7B147.8B
Total Stockholder Equity45.4B49.4B67.1B68.5B78.8B82.7B
Retained Earnings26.9B30.6B34.6B33.8B38.9B40.8B
Accounts Payable37.8B42.0B51.6B54.6B62.8B66.0B
Cash22.3B22.4B27.4B30.5B35.1B36.9B
Other Assets2.9B5.7B2.8B3.0B3.5B3.7B
Long Term Debt1.2B7.2B6.3B5.8B6.7B7.0B
Net Receivables52.7B58.1B66.8B72.9B83.9B88.1B
Inventory24.1B27.1B34.5B36.6B42.1B44.2B
Other Current Assets4.3B4.2B1.4B1.4B1.6B1.5B
Total Liab94.4B104.4B120.1B131.6B151.4B159.0B
Intangible Assets5.4B6.3B6.6B6.4B7.3B7.7B
Property Plant Equipment10.6B13.1B14.6B15.8B18.2B19.1B
Other Liab2.1B2.7B3.6B4.0B4.5B4.8B
Good Will11.3B11.2B11.3B11.4B13.1B7.3B
Net Tangible Assets23.6B26.9B28.8B32.1B36.9B28.6B
Other Stockholder Equity(492.6M)(542.2M)(265.4M)(144.4M)(130.0M)(136.5M)
Deferred Long Term Liab606.4M639.1M688.3M342.6M394.0M504.8M
Short Long Term Debt20.1B22.5B27.8B35.6B40.9B21.0B
Total Current Assets107.6B116.5B149.5B162.4B186.8B111.5B
Non Current Assets Total41.6B46.9B48.6B49.5B57.0B42.3B
Non Currrent Assets Other12.6B856.9M443.8M440.7M506.8M481.5M
Non Current Liabilities Total6.3B12.5B9.4B9.3B10.7B9.9B
Non Current Liabilities Other170.4M566.1M257.3M250.1M287.7M274.1M
Net Invested Capital66.7B79.0B101.1B109.9B126.4B86.3B
Net Working Capital19.4B24.7B38.8B40.1B46.1B29.9B
Property Plant And Equipment Net14.2B15.4B16.2B17.9B20.6B16.8B
Capital Lease Obligations1.5B1.4B1.3B1.6B1.8B1.5B
Property Plant And Equipment Gross21.0B22.9B16.2B17.9B16.1B15.5B

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Other Information on Investing in Shanghai Stock

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