603919 Stock | | | 21.63 0.86 4.14% |
Jinhui Liquor financial indicator trend analysis is infinitely more than just investigating Jinhui Liquor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinhui Liquor is a good investment. Please check the relationship between Jinhui Liquor Minority Interest and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinhui Liquor 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 board of governors.
Minority Interest vs Interest Income
Minority Interest vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jinhui Liquor Minority Interest account and
Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jinhui Liquor's Minority Interest and Interest Income is 0.89. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Income in the same time period over historical financial statements of Jinhui Liquor Co, assuming nothing else is changed. The correlation between historical values of Jinhui Liquor's Minority Interest and Interest Income 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 Jinhui Liquor Co are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Minority Interest i.e., Jinhui Liquor's Minority Interest and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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 Jinhui Liquor Co whose combined shares represent less than 50% of the total outstanding shares issued by Jinhui Liquor have a minority interest in Jinhui Liquor.
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.
Most indicators from Jinhui Liquor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinhui Liquor 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 Jinhui Liquor 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 board of governors.
As of November 30, 2024,
Selling General Administrative is expected to decline to about 313
M. In addition to that,
Tax Provision is expected to decline to about 52.3
MJinhui Liquor fundamental ratios Correlations
Click cells to compare fundamentals
Jinhui Liquor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jinhui Liquor fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jinhui Stock
Balance Sheet is a snapshot of the
financial position of Jinhui Liquor at a specified time, usually calculated after every quarter, six months, or one year. Jinhui Liquor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinhui Liquor 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 Jinhui currently owns. An asset can also be divided into two categories, current and non-current.