603345 Stock | | | 87.78 4.07 4.86% |
Fujian Anjoy financial indicator trend analysis is much more than just examining Fujian Anjoy Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Anjoy Foods is a good investment. Please check the relationship between Fujian Anjoy Minority Interest and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Anjoy Foods. 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.
Minority Interest vs Cost Of Revenue
Minority Interest vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Anjoy Foods Minority Interest account and
Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Fujian Anjoy's Minority Interest and Cost Of Revenue is -0.94. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Fujian Anjoy Foods, assuming nothing else is changed. The correlation between historical values of Fujian Anjoy's Minority Interest and Cost Of Revenue 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 Fujian Anjoy Foods are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Fujian Anjoy's Minority Interest and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.94 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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 Fujian Anjoy Foods whose combined shares represent less than 50% of the total outstanding shares issued by Fujian Anjoy have a minority interest in Fujian Anjoy.
Cost Of Revenue
Cost of Revenue is found on Fujian Anjoy Foods income statement and represents the costs associated with goods and services Fujian Anjoy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Fujian Anjoy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Anjoy Foods 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 Fujian Anjoy Foods. 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
Tax Provision is expected to grow to about 456.8
M, whereas
Selling General Administrative is forecasted to decline to about 636.8
M.
Fujian Anjoy fundamental ratios Correlations
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Fujian Anjoy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fujian Anjoy fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Fujian Stock
Balance Sheet is a snapshot of the
financial position of Fujian Anjoy Foods at a specified time, usually calculated after every quarter, six months, or one year. Fujian Anjoy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Anjoy 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 Fujian currently owns. An asset can also be divided into two categories, current and non-current.