Bank Interest Income vs Minority Interest Analysis

601988 Stock   5.03  0.01  0.20%   
Bank of China financial indicator trend analysis is way more than just evaluating Bank of China prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of China is a good investment. Please check the relationship between Bank of China Interest Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of China. 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.

Interest Income vs Minority Interest

Interest Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of China Interest Income account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bank of China's Interest Income and Minority Interest is -0.48. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Bank of China, assuming nothing else is changed. The correlation between historical values of Bank of China's Interest Income 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 Interest Income of Bank of China 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 Interest Income i.e., Bank of China's Interest Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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 China whose combined shares represent less than 50% of the total outstanding shares issued by Bank of China have a minority interest in Bank of China.
Most indicators from Bank of China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of China 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 China. 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 November 29, 2024, Selling General Administrative is expected to decline to about 42.5 B. In addition to that, Tax Provision is expected to decline to about 48 B
 2023 2024 (projected)
Gross Profit514.5B452.3B
Total Revenue621.9B591.3B

Bank of China fundamental ratios Correlations

-0.720.991.00.980.990.850.990.490.990.79-0.950.730.92-0.34-0.870.921.00.910.460.890.980.890.98-0.490.96
-0.72-0.72-0.74-0.77-0.7-0.74-0.77-0.58-0.73-0.980.72-0.64-0.86-0.320.73-0.54-0.72-0.78-0.1-0.7-0.63-0.7-0.80.33-0.74
0.99-0.720.990.991.00.851.00.541.00.79-0.950.680.94-0.33-0.850.90.990.890.450.910.980.910.97-0.420.97
1.0-0.740.990.990.990.890.990.520.990.81-0.960.710.94-0.3-0.870.920.990.890.440.880.960.880.98-0.450.97
0.98-0.770.990.990.990.881.00.571.00.83-0.960.670.97-0.24-0.850.870.980.880.40.910.960.910.98-0.360.98
0.99-0.71.00.990.990.850.990.551.00.78-0.960.640.93-0.32-0.830.90.990.870.480.890.980.890.97-0.380.96
0.85-0.740.850.890.880.850.850.630.860.76-0.890.620.86-0.15-0.780.820.850.650.190.790.770.790.9-0.250.85
0.99-0.771.00.991.00.990.850.541.00.84-0.950.70.96-0.26-0.870.880.990.910.420.910.970.910.98-0.430.98
0.49-0.580.540.520.570.550.630.540.550.54-0.590.190.560.05-0.430.510.490.440.320.450.480.450.53-0.110.5
0.99-0.731.00.991.01.00.861.00.550.8-0.960.660.95-0.3-0.840.890.990.880.450.910.970.910.98-0.390.97
0.79-0.980.790.810.830.780.760.840.540.8-0.780.680.920.22-0.790.60.790.820.150.80.710.80.87-0.360.83
-0.950.72-0.95-0.96-0.96-0.96-0.89-0.95-0.59-0.96-0.78-0.56-0.910.250.78-0.9-0.95-0.8-0.56-0.8-0.9-0.8-0.950.38-0.91
0.73-0.640.680.710.670.640.620.70.190.660.68-0.560.67-0.24-0.90.710.730.79-0.050.690.660.690.74-0.740.74
0.92-0.860.940.940.970.930.860.960.560.950.92-0.910.67-0.01-0.840.760.920.850.250.890.860.890.95-0.30.97
-0.34-0.32-0.33-0.3-0.24-0.32-0.15-0.260.05-0.30.220.25-0.24-0.010.3-0.54-0.34-0.2-0.41-0.28-0.44-0.28-0.250.44-0.25
-0.870.73-0.85-0.87-0.85-0.83-0.78-0.87-0.43-0.84-0.790.78-0.9-0.840.3-0.86-0.87-0.87-0.16-0.84-0.84-0.84-0.890.69-0.91
0.92-0.540.90.920.870.90.820.880.510.890.6-0.90.710.76-0.54-0.860.920.810.530.730.910.730.87-0.640.86
1.0-0.720.990.990.980.990.850.990.490.990.79-0.950.730.92-0.34-0.870.920.910.460.890.980.890.98-0.490.96
0.91-0.780.890.890.880.870.650.910.440.880.82-0.80.790.85-0.2-0.870.810.910.410.780.910.780.88-0.650.87
0.46-0.10.450.440.40.480.190.420.320.450.15-0.56-0.050.25-0.41-0.160.530.460.410.150.510.150.36-0.330.29
0.89-0.70.910.880.910.890.790.910.450.910.8-0.80.690.89-0.28-0.840.730.890.780.150.861.00.93-0.310.93
0.98-0.630.980.960.960.980.770.970.480.970.71-0.90.660.86-0.44-0.840.910.980.910.510.860.860.93-0.480.93
0.89-0.70.910.880.910.890.790.910.450.910.8-0.80.690.89-0.28-0.840.730.890.780.151.00.860.93-0.310.93
0.98-0.80.970.980.980.970.90.980.530.980.87-0.950.740.95-0.25-0.890.870.980.880.360.930.930.93-0.450.97
-0.490.33-0.42-0.45-0.36-0.38-0.25-0.43-0.11-0.39-0.360.38-0.74-0.30.440.69-0.64-0.49-0.65-0.33-0.31-0.48-0.31-0.45-0.42
0.96-0.740.970.970.980.960.850.980.50.970.83-0.910.740.97-0.25-0.910.860.960.870.290.930.930.930.97-0.42
Click cells to compare fundamentals

Bank of China Account Relationship Matchups

Bank of China fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.8T24.4T26.7T28.9T32.4T25.8T
Other Current Liab105.9B145.2B152.5B125.7B113.1B117.8B
Total Current Liabilities18.0T19.2T20.6T22.3T25.7T19.8T
Total Stockholder Equity1.9T2.0T2.2T2.4T2.6T2.1T
Other Liab356.3B407.2B452.8B493.8B567.8B400.9B
Net Tangible Assets1.5T1.7T1.9T2.1T2.4T1.7T
Retained Earnings1.2T1.3T1.5T1.6T1.1T1.3T
Accounts Payable14.9T15.9T16.9T17.9T20.6T16.4T
Cash5.7T3.8T24.7T4.1T4.5T7.5T
Other Assets11.6T12.8T13.9T15.4T17.7T13.1T
Net Receivables929.2B771.9B490.9B377.1B339.4B591.2B
Good Will2.6B2.7B2.5B2.7B2.7B2.8B
Inventory2.3B2.4B2.1B2.0B1.8B1.9B
Other Current Assets1.8T1.7T1.7T1.8T1.6T1.5T
Other Stockholder Equity3.6B61.9B136.6B203.4B234.0B245.7B
Total Liab20.8T22.2T24.4T26.3T29.7T23.6T
Deferred Long Term Liab3.3B3.2B3.2B3.3B3.8B3.5B
Long Term Investments634.8B3.7T6.3T4.2T7.3T4.2T
Total Current Assets4.6T4.5T4.9T5.2T6.0T4.9T
Intangible Assets20.3B22.1B23.1B24.8B26.4B22.4B
Property Plant Equipment227.4B267.4B271.4B266.4B306.4B253.8B
Net Invested Capital3.3T3.4T3.8T4.2T4.7T3.8T

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

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