Dawning Minority Interest vs Income Before Tax Analysis

603019 Stock

74.85 2.85 3.67%

Dawning Information financial indicator trend analysis is much more than just examining Dawning Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dawning Information is a good investment. Please check the relationship between Dawning Information Minority Interest and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dawning Information Industry. 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 Income Before Tax

Minority Interest vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dawning Information Minority Interest account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Dawning Information's Minority Interest and Income Before Tax is -0.33. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Dawning Information Industry, assuming nothing else is changed. The correlation between historical values of Dawning Information's Minority Interest and Income Before Tax 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 Dawning Information Industry are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Minority Interest i.e., Dawning Information's Minority Interest and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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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 Dawning Information Industry whose combined shares represent less than 50% of the total outstanding shares issued by Dawning Information have a minority interest in Dawning Information.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Dawning Information income statement and is an important metric when analyzing Dawning Information profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Dawning Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dawning Information 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 Dawning Information Industry. 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 November 23, 2024, Selling General Administrative is expected to decline to about 521.8 M. In addition to that, Tax Provision is expected to decline to about 162.7 M

	2021	2022	2023	2024 (projected)
Operating Income	1.3B	1.8B	1.9B	2.0B
Total Revenue	11.2B	13.0B	14.4B	7.6B

Operating Income Total Revenue

Dawning Information fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Good Will	Short Term Investments	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.3	0.78	0.97	0.98	0.97	0.77	0.94	0.93	0.4	0.67	0.85	0.96	0.87	0.94	0.98	0.87	0.96	0.65	-0.26	0.07	0.94	0.84	-0.04	0.94	0.39
Other Current Liab	0.3		0.42	0.19	0.37	0.12	0.52	0.44	0.36	0.3	0.34	0.51	0.29	0.51	0.0	0.37	0.45	0.32	-0.34	0.02	0.23	0.23	0.52	-0.01	0.52	0.13
Total Current Liabilities	0.78	0.42		0.63	0.73	0.65	0.97	0.66	0.74	0.65	0.95	0.83	0.67	0.94	0.6	0.72	0.87	0.61	0.48	0.28	0.43	0.54	0.88	0.45	0.8	0.67
Total Stockholder Equity	0.97	0.19	0.63		0.95	0.99	0.62	0.94	0.87	0.22	0.53	0.76	0.96	0.76	0.96	0.97	0.79	0.99	0.69	-0.41	-0.12	0.98	0.73	-0.17	0.89	0.29
Other Liab	0.98	0.37	0.73	0.95		0.95	0.75	0.92	0.98	0.47	0.6	0.84	0.97	0.86	0.91	0.96	0.85	0.95	0.55	-0.3	0.12	0.92	0.83	-0.15	0.93	0.28
Retained Earnings	0.97	0.12	0.65	0.99	0.95		0.63	0.9	0.9	0.29	0.54	0.74	0.96	0.76	0.99	0.95	0.79	0.96	0.71	-0.37	-0.05	0.96	0.72	-0.15	0.85	0.3
Accounts Payable	0.77	0.52	0.97	0.62	0.75	0.63		0.67	0.79	0.72	0.93	0.82	0.68	0.95	0.58	0.73	0.87	0.61	0.4	0.28	0.5	0.53	0.9	0.36	0.8	0.58
Cash	0.94	0.44	0.66	0.94	0.92	0.9	0.67		0.83	0.23	0.58	0.76	0.94	0.79	0.84	0.98	0.81	0.97	0.53	-0.36	-0.08	0.92	0.79	-0.13	0.93	0.33
Other Assets	0.93	0.36	0.74	0.87	0.98	0.9	0.79	0.83		0.59	0.6	0.82	0.92	0.86	0.87	0.9	0.83	0.86	0.52	-0.19	0.23	0.83	0.8	-0.14	0.87	0.25
Long Term Debt	0.4	0.3	0.65	0.22	0.47	0.29	0.72	0.23	0.59		0.65	0.47	0.38	0.65	0.28	0.32	0.5	0.18	0.04	0.46	0.89	0.1	0.67	0.31	0.4	0.34
Net Receivables	0.67	0.34	0.95	0.53	0.6	0.54	0.93	0.58	0.6	0.65		0.66	0.59	0.84	0.52	0.64	0.78	0.5	0.47	0.45	0.53	0.41	0.85	0.62	0.68	0.79
Inventory	0.85	0.51	0.83	0.76	0.84	0.74	0.82	0.76	0.82	0.47	0.66		0.71	0.94	0.65	0.8	0.89	0.77	0.36	-0.17	0.17	0.75	0.84	-0.02	0.94	0.27
Other Current Assets	0.96	0.29	0.67	0.96	0.97	0.96	0.68	0.94	0.92	0.38	0.59	0.71		0.78	0.94	0.97	0.8	0.95	0.63	-0.28	0.05	0.92	0.79	-0.08	0.88	0.37
Total Liab	0.87	0.51	0.94	0.76	0.86	0.76	0.95	0.79	0.86	0.65	0.84	0.94	0.78		0.69	0.83	0.95	0.76	0.42	0.03	0.37	0.7	0.95	0.18	0.93	0.46
Intangible Assets	0.94	0.0	0.6	0.96	0.91	0.99	0.58	0.84	0.87	0.28	0.52	0.65	0.94	0.69		0.91	0.73	0.92	0.77	-0.33	-0.05	0.92	0.66	-0.11	0.78	0.32
Common Stock	0.98	0.37	0.72	0.97	0.96	0.95	0.73	0.98	0.9	0.32	0.64	0.8	0.97	0.83	0.91		0.84	0.98	0.63	-0.26	0.0	0.94	0.82	-0.07	0.93	0.38
Property Plant Equipment	0.87	0.45	0.87	0.79	0.85	0.79	0.87	0.81	0.83	0.5	0.78	0.89	0.8	0.95	0.73	0.84		0.8	0.47	-0.07	0.22	0.75	0.92	0.09	0.92	0.38
Net Tangible Assets	0.96	0.32	0.61	0.99	0.95	0.96	0.61	0.97	0.86	0.18	0.5	0.77	0.95	0.76	0.92	0.98	0.8		0.6	-0.44	-0.14	0.98	0.74	-0.21	0.92	0.26
Good Will	0.65	-0.34	0.48	0.69	0.55	0.71	0.4	0.53	0.52	0.04	0.47	0.36	0.63	0.42	0.77	0.63	0.47	0.6		0.03	-0.21	0.61	0.36	0.23	0.46	0.5
Short Term Investments	-0.26	0.02	0.28	-0.41	-0.3	-0.37	0.28	-0.36	-0.19	0.46	0.45	-0.17	-0.28	0.03	-0.33	-0.26	-0.07	-0.44	0.03		0.65	-0.54	0.09	0.84	-0.26	0.59
Other Stockholder Equity	0.07	0.23	0.43	-0.12	0.12	-0.05	0.5	-0.08	0.23	0.89	0.53	0.17	0.05	0.37	-0.05	0.0	0.22	-0.14	-0.21	0.65		-0.23	0.47	0.47	0.08	0.36
Deferred Long Term Liab	0.94	0.23	0.54	0.98	0.92	0.96	0.53	0.92	0.83	0.1	0.41	0.75	0.92	0.7	0.92	0.94	0.75	0.98	0.61	-0.54	-0.23		0.66	-0.28	0.87	0.18
Long Term Investments	0.84	0.52	0.88	0.73	0.83	0.72	0.9	0.79	0.8	0.67	0.85	0.84	0.79	0.95	0.66	0.82	0.92	0.74	0.36	0.09	0.47	0.66		0.23	0.9	0.51
Short Long Term Debt	-0.04	-0.01	0.45	-0.17	-0.15	-0.15	0.36	-0.13	-0.14	0.31	0.62	-0.02	-0.08	0.18	-0.11	-0.07	0.09	-0.21	0.23	0.84	0.47	-0.28	0.23		-0.04	0.88
Total Current Assets	0.94	0.52	0.8	0.89	0.93	0.85	0.8	0.93	0.87	0.4	0.68	0.94	0.88	0.93	0.78	0.93	0.92	0.92	0.46	-0.26	0.08	0.87	0.9	-0.04		0.34
Short Term Debt	0.39	0.13	0.67	0.29	0.28	0.3	0.58	0.33	0.25	0.34	0.79	0.27	0.37	0.46	0.32	0.38	0.38	0.26	0.5	0.59	0.36	0.18	0.51	0.88	0.34

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Dawning Information Account Relationship Matchups

Dawning Information fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.8B	21.0B	26.1B	31.8B	31.6B	33.2B
Other Current Liab	1.3B	1.6B	2.2B	35.3M	132.7M	126.0M
Total Current Liabilities	5.9B	3.7B	5.6B	6.3B	5.0B	3.9B
Total Stockholder Equity	4.3B	11.6B	12.7B	17.0B	18.6B	19.6B
Other Liab	2.2B	5.2B	4.8B	6.7B	7.8B	8.1B
Retained Earnings	1.8B	2.4B	3.4B	4.7B	5.6B	5.9B
Accounts Payable	2.9B	1.8B	2.6B	2.4B	2.2B	1.7B
Cash	2.9B	8.2B	6.5B	6.2B	7.2B	7.6B
Other Assets	528.4M	2.1B	1.0B	1.8B	2.1B	2.2B
Long Term Debt	4.9B	500M	694.5M	1.5B	1.3B	1.0B
Net Receivables	2.9B	2.1B	2.3B	2.8B	2.5B	2.0B
Inventory	3.4B	2.8B	6.0B	6.4B	3.4B	2.4B
Other Current Assets	644.1M	884.7M	800.1M	831.2M	1.3B	1.4B
Total Liab	12.1B	9.0B	13.0B	14.1B	12.1B	7.4B
Intangible Assets	1.0B	1.3B	1.8B	3.2B	4.3B	4.5B
Common Stock	900.3M	1.5B	1.5B	1.5B	1.7B	1.8B
Property Plant Equipment	1.4B	1.6B	1.6B	2.1B	2.4B	1.2B
Net Tangible Assets	3.0B	3.3B	10.6B	11.5B	13.2B	13.8B
Other Stockholder Equity	184.4M	7.0M	5.5M	8.4M	9.7M	9.2M
Deferred Long Term Liab	59.4M	34.8M	927.5M	1.4B	1.6B	1.7B
Short Long Term Debt	2.4B	781.1M	5.0M	287.6M	160.1M	152.1M
Total Current Assets	9.9B	14.3B	16.6B	16.8B	14.9B	11.6B
Non Current Assets Total	6.9B	6.7B	9.6B	15.0B	16.7B	8.9B
Non Currrent Assets Other	1.9B	667.9M	2.1B	2.6B	2.2B	1.4B
Non Current Liabilities Total	6.3B	5.3B	7.5B	7.8B	7.1B	5.5B
Non Current Liabilities Other	1.1B	864.8M	1.4B	290.0M	314.1M	298.4M
Common Stock Shares Outstanding	1.3B	1.5B	1.5B	1.5B	1.5B	1.5B
Net Invested Capital	6.2B	12.1B	13.4B	18.8B	20.1B	13.3B
Net Working Capital	4.0B	10.6B	11.0B	10.5B	9.9B	8.0B
Capital Stock	900.3M	1.5B	1.5B	1.5B	1.5B	1.4B

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Other Information on Investing in Dawning Stock

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

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Dawning Minority Interest vs Income Before Tax Analysis

Minority Interest vs Income Before Tax

Minority Interest vs Income Before Tax Correlation Analysis

Correlation Coefficient

Minority Interest

Income Before Tax

Dawning Information fundamental ratios Correlations

Dawning Information Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dawning Information fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Dawning Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Retained Earnings
Other Liab	+ 0.98	Total Assets
Common Stock	+ 0.98	Total Assets
Deferred Long Term Liab	+ 0.98	Total Stockholder Equity

Deferred Long Term Liab	- 0.54	Short Term Investments
Short Term Investments	- 0.44	Net Tangible Assets
Short Term Investments	- 0.41	Total Stockholder Equity
Short Term Investments	- 0.37	Retained Earnings
Short Term Investments	- 0.36	Cash
Good Will	- 0.34	Other Current Liab