FinVolution Minority Interest vs Total Operating Expenses Analysis

FINV Stock  USD 6.24  0.06  0.97%   
FinVolution financial indicator trend analysis is much more than just examining FinVolution Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FinVolution Group is a good investment. Please check the relationship between FinVolution Minority Interest and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. 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 Total Operating Expenses

Minority Interest vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FinVolution Group Minority Interest account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between FinVolution's Minority Interest and Total Operating Expenses is -0.11. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of FinVolution Group, assuming nothing else is changed. The correlation between historical values of FinVolution's Minority Interest and Total Operating Expenses 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 FinVolution Group are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Minority Interest i.e., FinVolution's Minority Interest and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

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

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from FinVolution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FinVolution Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. 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.
At this time, FinVolution's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.74 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
 2023 2024 (projected)
Interest Income1.3B1.3B
Tax Provision468.5M315.3M

FinVolution fundamental ratios Correlations

0.540.250.640.980.970.940.940.77-0.90.750.20.950.870.680.310.930.71-0.240.80.730.860.880.970.841.0
0.540.620.740.440.610.370.680.12-0.240.24-0.30.330.350.890.230.260.940.10.130.080.80.440.650.370.55
0.250.620.770.090.450.070.26-0.320.01-0.170.160.03-0.020.59-0.43-0.030.670.39-0.12-0.260.590.410.450.10.28
0.640.740.770.50.750.390.690.04-0.310.050.270.420.240.70.00.390.830.410.3-0.030.750.770.790.260.67
0.980.440.090.50.920.950.90.84-0.930.820.150.980.90.60.370.960.61-0.320.840.80.790.80.910.850.97
0.970.610.450.750.920.880.910.64-0.830.650.240.880.80.750.150.860.79-0.140.720.620.920.90.990.80.98
0.940.370.070.390.950.880.860.91-0.970.910.150.930.980.560.340.920.58-0.560.80.910.760.780.870.950.93
0.940.680.260.690.90.910.860.71-0.780.680.170.830.80.670.490.850.82-0.20.780.620.810.830.940.780.94
0.770.12-0.320.040.840.640.910.71-0.90.930.10.830.940.290.440.870.29-0.710.820.970.480.550.630.880.75
-0.9-0.240.01-0.31-0.93-0.83-0.97-0.78-0.9-0.89-0.22-0.96-0.95-0.48-0.29-0.93-0.460.55-0.79-0.92-0.7-0.76-0.82-0.91-0.89
0.750.24-0.170.050.820.650.910.680.93-0.89-0.130.80.970.440.40.780.39-0.780.660.960.590.460.630.930.73
0.2-0.30.160.270.150.240.150.170.1-0.22-0.130.210.03-0.31-0.180.34-0.040.20.490.06-0.050.520.250.110.22
0.950.330.030.420.980.880.930.830.83-0.960.80.210.880.530.310.970.51-0.330.810.820.750.790.860.820.94
0.870.35-0.020.240.90.80.980.80.94-0.950.970.030.880.540.350.870.53-0.690.750.950.710.640.780.980.85
0.680.890.590.70.60.750.560.670.29-0.480.44-0.310.530.540.00.410.86-0.090.180.30.940.550.750.530.68
0.310.23-0.430.00.370.150.340.490.44-0.290.4-0.180.310.350.00.370.25-0.240.410.330.050.120.220.270.3
0.930.26-0.030.390.960.860.920.850.87-0.930.780.340.970.870.410.370.47-0.320.930.820.650.80.830.830.92
0.710.940.670.830.610.790.580.820.29-0.460.39-0.040.510.530.860.250.47-0.010.350.260.880.660.820.570.73
-0.240.10.390.41-0.32-0.14-0.56-0.2-0.710.55-0.780.2-0.33-0.69-0.09-0.24-0.32-0.01-0.28-0.8-0.13-0.04-0.13-0.67-0.22
0.80.13-0.120.30.840.720.80.780.82-0.790.660.490.810.750.180.410.930.35-0.280.730.450.730.710.750.79
0.730.08-0.26-0.030.80.620.910.620.97-0.920.960.060.820.950.30.330.820.26-0.80.730.490.50.590.920.7
0.860.80.590.750.790.920.760.810.48-0.70.59-0.050.750.710.940.050.650.88-0.130.450.490.750.910.710.87
0.880.440.410.770.80.90.780.830.55-0.760.460.520.790.640.550.120.80.66-0.040.730.50.750.930.640.9
0.970.650.450.790.910.990.870.940.63-0.820.630.250.860.780.750.220.830.82-0.130.710.590.910.930.770.98
0.840.370.10.260.850.80.950.780.88-0.910.930.110.820.980.530.270.830.57-0.670.750.920.710.640.770.82
1.00.550.280.670.970.980.930.940.75-0.890.730.220.940.850.680.30.920.73-0.220.790.70.870.90.980.82
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FinVolution Account Relationship Matchups

FinVolution fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.3B14.9B18.1B21.4B21.3B14.5B
Short Long Term Debt Total320.1M43.3M33.4M177.0M41.6M39.6M
Other Current Liab9.7B(812.5M)(514.4M)(1.0B)729.6M693.1M
Total Current Liabilities10.0B3.9B4.1B5.0B942.9M895.7M
Total Stockholder Equity7.9B8.4B10.7B12.4B13.7B7.8B
Other Liab9.4B5.5B6.3B7.4B8.6B5.6B
Net Tangible Assets7.8B8.2B10.5B12.2B14.1B14.8B
Property Plant And Equipment Net230.1M148.8M161.5M333.8M179.0M166.6M
Current Deferred Revenue55.7M1.3B1.1B1.8B1.9B2.0B
Net Debt(2.0B)(2.6B)(4.4B)(3.5B)(4.9B)(4.7B)
Retained Earnings2.0B2.7B4.7B6.5B9.1B9.6B
Accounts Payable1.1B905.0M0.0357.3M321.6M396.6M
Cash2.3B2.6B4.4B3.6B5.0B2.7B
Non Current Assets Total1.4B1.4B1.7B2.5B3.1B3.2B
Non Currrent Assets Other7.6M56.3M1.4B411.1M472.8M383.2M
Other Assets129.7M155.8M455.7M919.4M205.5M301.9M
Cash And Short Term Investments2.4B4.6B5.6B7.1B7.9B4.4B
Net Receivables9.4B863.9M1.9B6.1B2.2B3.2B
Common Stock Shares Outstanding310.5M298.3M296.5M290.9M280.6M240.7M
Short Term Investments114.6M2.0B1.2B3.4B3.0B1.7B
Liabilities And Stockholders Equity18.3B14.9B18.1B21.4B21.3B14.5B
Non Current Liabilities Total284.1M2.5B3.4B4.0B6.5B6.8B
Capital Lease Obligations85.1M43.3M33.4M177.0M35.9M45.8M
Inventory(8.3B)(3.4B)(2.7B)(3.6B)(2.9B)(3.1B)
Other Current Assets13.4B4.5B5.9B5.8B7.9B5.5B
Other Stockholder Equity5.6B5.3B5.4B5.1B3.8B4.5B
Total Liab10.3B6.5B7.4B8.9B7.4B6.7B
Long Term Investments952.8M950.5M971.1M1.1B1.1B644.4M
Property Plant And Equipment Gross230.1M148.8M161.5M333.8M452.5M475.1M
Total Current Assets16.9B13.5B16.4B18.9B18.0B13.1B
Accumulated Other Comprehensive Income387.5M452.9M593.6M750.6M842.5M884.6M
Non Current Liabilities Other55.2M2.4B64.7M3.6B3.4B3.6B
Short Term Debt17.3M25M235M5.8M6.6M6.3M
Intangible Assets68.9M64.3M98.9M98.7M113.5M72.4M
Property Plant Equipment230.1M148.8M161.5M333.8M383.8M403.0M

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