Yonghui Selling General Administrative vs Minority Interest Analysis

601933 Stock   4.53  0.05  1.12%   
Yonghui Superstores financial indicator trend analysis is more than just analyzing Yonghui Superstores current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yonghui Superstores is a good investment. Please check the relationship between Yonghui Superstores Selling General Administrative and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yonghui Superstores 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.

Selling General Administrative vs Minority Interest

Selling General Administrative vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yonghui Superstores Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yonghui Superstores' Selling General Administrative and Minority Interest is 0.72. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Yonghui Superstores Co, assuming nothing else is changed. The correlation between historical values of Yonghui Superstores' Selling General Administrative 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 Selling General Administrative of Yonghui Superstores 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 Selling General Administrative i.e., Yonghui Superstores' Selling General Administrative and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

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 Yonghui Superstores Co whose combined shares represent less than 50% of the total outstanding shares issued by Yonghui Superstores have a minority interest in Yonghui Superstores.
Most indicators from Yonghui Superstores' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yonghui Superstores 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 Yonghui Superstores 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.
The current year's Selling General Administrative is expected to grow to about 8.1 B. The current year's Tax Provision is expected to grow to about 164.5 M
 2021 2022 2023 2024 (projected)
Gross Profit17.0B17.7B16.7B16.6B
Minority Interest550.7M236.5M135.7M200.2M

Yonghui Superstores fundamental ratios Correlations

0.770.970.48-0.290.970.870.860.180.440.960.90.880.930.810.650.710.730.34-0.040.880.910.860.88-0.670.64
0.770.820.550.250.810.750.430.360.310.820.880.510.740.460.130.660.670.510.350.530.620.750.52-0.390.17
0.970.820.47-0.190.970.860.820.250.310.980.920.850.910.740.560.820.640.50.010.90.910.890.83-0.660.53
0.480.550.470.490.610.650.420.610.670.590.670.150.450.7-0.120.50.580.470.740.420.410.670.06-0.18-0.21
-0.290.25-0.190.49-0.13-0.03-0.510.490.1-0.120.06-0.65-0.23-0.25-0.880.05-0.080.350.9-0.39-0.3-0.07-0.670.45-0.89
0.970.810.970.61-0.130.870.840.350.470.990.930.80.90.830.520.750.730.490.120.880.90.890.77-0.610.48
0.870.750.860.65-0.030.870.720.120.330.860.850.690.910.780.40.830.710.380.190.710.690.870.64-0.580.38
0.860.430.820.42-0.510.840.720.110.430.820.720.910.790.90.810.60.560.24-0.240.910.830.790.83-0.710.73
0.180.360.250.610.490.350.120.110.440.40.36-0.07-0.030.28-0.30.110.220.750.650.240.270.35-0.120.05-0.36
0.440.310.310.670.10.470.330.430.440.420.510.250.30.650.170.070.55-0.040.370.380.460.440.230.080.13
0.960.820.980.59-0.120.990.860.820.40.420.920.80.870.80.50.760.710.560.120.880.890.90.76-0.610.47
0.90.880.920.670.060.930.850.720.360.510.920.710.850.750.40.720.640.480.270.770.80.910.68-0.540.36
0.880.510.850.15-0.650.80.690.91-0.070.250.80.710.820.730.910.570.550.16-0.440.860.810.750.98-0.740.89
0.930.740.910.45-0.230.90.910.79-0.030.30.870.850.820.750.580.770.70.25-0.050.780.790.80.8-0.660.57
0.810.460.740.7-0.250.830.780.90.280.650.80.750.730.750.590.590.670.270.120.840.780.830.65-0.580.5
0.650.130.56-0.12-0.880.520.40.81-0.30.170.50.40.910.580.590.250.32-0.15-0.710.680.60.450.9-0.640.98
0.710.660.820.50.050.750.830.60.110.070.760.720.570.770.590.250.440.540.20.750.720.820.51-0.550.19
0.730.670.640.58-0.080.730.710.560.220.550.710.640.550.70.670.320.440.20.150.520.580.640.53-0.390.37
0.340.510.50.470.350.490.380.240.75-0.040.560.480.160.250.27-0.150.540.20.440.430.380.550.11-0.36-0.2
-0.040.350.010.740.90.120.19-0.240.650.370.120.27-0.44-0.050.12-0.710.20.150.44-0.09-0.020.22-0.470.26-0.74
0.880.530.90.42-0.390.880.710.910.240.380.880.770.860.780.840.680.750.520.43-0.090.960.850.83-0.690.61
0.910.620.910.41-0.30.90.690.830.270.460.890.80.810.790.780.60.720.580.38-0.020.960.810.82-0.590.56
0.860.750.890.67-0.070.890.870.790.350.440.90.910.750.80.830.450.820.640.550.220.850.810.68-0.620.4
0.880.520.830.06-0.670.770.640.83-0.120.230.760.680.980.80.650.90.510.530.11-0.470.830.820.68-0.720.91
-0.67-0.39-0.66-0.180.45-0.61-0.58-0.710.050.08-0.61-0.54-0.74-0.66-0.58-0.64-0.55-0.39-0.360.26-0.69-0.59-0.62-0.72-0.62
0.640.170.53-0.21-0.890.480.380.73-0.360.130.470.360.890.570.50.980.190.37-0.2-0.740.610.560.40.91-0.62
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Yonghui Superstores Account Relationship Matchups

Yonghui Superstores fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.4B56.2B71.3B62.1B52.1B30.9B
Other Current Liab6.8B7.7B7.9B6.4B563.9M535.8M
Total Current Liabilities31.5B34.9B34.1B29.1B24.7B15.4B
Total Stockholder Equity20.1B19.4B10.7B7.5B5.9B10.4B
Retained Earnings4.4B4.9B(2.7B)(6.8B)(8.1B)(7.7B)
Accounts Payable13.0B12.5B12.6B12.2B9.8B6.8B
Cash7.1B12.0B9.2B7.6B5.8B4.8B
Other Assets3.9B4.6B4.7B5.2B5.9B6.2B
Net Receivables6.3B447.4M477.0M530.6M421.7M400.7M
Short Term Investments1.0B241.4M1.6B890.8M736.0M1.0B
Inventory12.3B10.9B10.8B10.5B8.3B5.9B
Other Current Assets4.3B4.6B5.4B2.9B2.0B2.2B
Total Liab31.9B35.8B60.2B54.5B46.1B48.4B
Intangible Assets812.4M1.6B1.5B1.3B1.0B628.1M
Property Plant Equipment5.3B5.5B27.0B23.9B27.5B28.9B
Other Liab244.2M411.6M871.5M294.9M339.1M223.2M
Net Tangible Assets19.0B17.6B9.1B6.1B5.5B5.3B
Deferred Long Term Liab3.3B3.7B3.7B3.5B4.0B3.4B
Total Current Assets31.1B33.2B28.7B24.5B19.0B26.1B
Non Current Assets Total21.3B23.0B42.6B37.6B33.0B26.8B
Non Current Liabilities Total411.6M871.5M26.1B25.4B21.4B22.5B
Other Stockholder Equity1.5M(584.1K)1.5M440.3K506.3K732.7K
Non Current Liabilities Other6.8M123.7M3.6M7.4M84.7M89.0M
Net Invested Capital30.9B33.2B22.6B16.1B11.4B18.0B
Net Working Capital(420.9M)(1.7B)(5.4B)(4.5B)(5.7B)(5.4B)
Short Long Term Debt10.8B13.9B10.9B6.5B5.1B6.8B

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Other Information on Investing in Yonghui Stock

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