Beijing Minority Interest vs Ebit Analysis

000609 Stock   2.47  0.05  1.98%   
Beijing Mainstreets financial indicator trend analysis is way more than just evaluating Beijing Mainstreets prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Mainstreets is a good investment. Please check the relationship between Beijing Mainstreets Minority Interest and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Mainstreets Investment. 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 Ebit

Minority Interest vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Mainstreets Minority Interest account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing Mainstreets' Minority Interest and Ebit is 0.84. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Ebit in the same time period over historical financial statements of Beijing Mainstreets Investment, assuming nothing else is changed. The correlation between historical values of Beijing Mainstreets' Minority Interest and Ebit 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 Beijing Mainstreets Investment are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Minority Interest i.e., Beijing Mainstreets' Minority Interest and Ebit go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

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

Ebit

Most indicators from Beijing Mainstreets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Mainstreets 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 Beijing Mainstreets Investment. 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 December 11, 2024, Selling General Administrative is expected to decline to about 7.7 M. In addition to that, Tax Provision is expected to decline to about 233.3 K
 2021 2023 2024 (projected)
Other Operating Expenses4.3M3.8M3.7M
Gross Profit72.5M916.6K870.8K

Beijing Mainstreets fundamental ratios Correlations

0.42-0.040.360.62-0.250.570.860.850.52-0.64-0.130.68-0.24-0.30.740.710.140.650.32-0.240.87-0.38-0.610.850.66
0.420.440.99-0.360.420.42-0.03-0.110.36-0.250.27-0.150.310.010.35-0.30.81-0.120.370.250.080.290.080.19-0.02
-0.040.440.46-0.460.620.2-0.22-0.30.150.04-0.34-0.440.35-0.490.03-0.380.46-0.39-0.12-0.1-0.170.50.34-0.04-0.33
0.360.990.46-0.430.450.39-0.1-0.170.29-0.170.29-0.230.330.050.36-0.340.82-0.150.330.280.030.370.170.13-0.11
0.62-0.36-0.46-0.43-0.660.240.860.90.34-0.6-0.240.74-0.47-0.250.220.85-0.50.55-0.02-0.340.71-0.7-0.770.620.76
-0.250.420.620.45-0.660.0-0.5-0.510.160.05-0.03-0.470.37-0.21-0.07-0.540.42-0.390.15-0.06-0.410.510.43-0.34-0.41
0.570.420.20.390.240.00.330.40.19-0.190.070.340.18-0.030.480.30.350.050.08-0.060.430.31-0.110.470.15
0.86-0.03-0.22-0.10.86-0.50.330.970.31-0.57-0.370.75-0.5-0.380.570.88-0.170.740.22-0.440.95-0.65-0.80.870.83
0.85-0.11-0.3-0.170.9-0.510.40.970.35-0.59-0.290.81-0.44-0.330.570.93-0.270.770.17-0.390.93-0.59-0.730.820.75
0.520.360.150.290.340.160.190.310.35-0.870.00.310.18-0.450.040.23-0.110.170.12-0.070.16-0.28-0.30.190.29
-0.64-0.250.04-0.17-0.60.05-0.19-0.57-0.59-0.870.12-0.450.140.48-0.12-0.410.1-0.34-0.230.11-0.440.510.58-0.4-0.57
-0.130.27-0.340.29-0.24-0.030.07-0.37-0.290.00.12-0.170.240.87-0.09-0.30.16-0.29-0.250.71-0.340.40.46-0.31-0.46
0.68-0.15-0.44-0.230.74-0.470.340.750.810.31-0.45-0.17-0.43-0.170.40.73-0.220.770.38-0.330.71-0.56-0.680.770.69
-0.240.310.350.33-0.470.370.18-0.5-0.440.180.140.24-0.430.02-0.17-0.450.1-0.35-0.13-0.01-0.470.460.52-0.43-0.52
-0.30.01-0.490.05-0.25-0.21-0.03-0.38-0.33-0.450.480.87-0.170.02-0.09-0.270.12-0.26-0.240.61-0.310.370.42-0.29-0.42
0.740.350.030.360.22-0.070.480.570.570.04-0.12-0.090.4-0.17-0.090.580.180.630.17-0.120.710.03-0.140.670.25
0.71-0.3-0.38-0.340.85-0.540.30.880.930.23-0.41-0.30.73-0.45-0.270.58-0.480.750.02-0.390.83-0.52-0.60.660.62
0.140.810.460.82-0.50.420.35-0.17-0.27-0.110.10.16-0.220.10.120.18-0.48-0.230.460.240.030.40.120.16-0.09
0.65-0.12-0.39-0.150.55-0.390.050.740.770.17-0.34-0.290.77-0.35-0.260.630.75-0.230.44-0.350.78-0.57-0.530.690.57
0.320.37-0.120.33-0.020.150.080.220.170.12-0.23-0.250.38-0.13-0.240.170.020.460.44-0.280.34-0.39-0.510.320.52
-0.240.25-0.10.28-0.34-0.06-0.06-0.44-0.39-0.070.110.71-0.33-0.010.61-0.12-0.390.24-0.35-0.28-0.40.480.54-0.38-0.54
0.870.08-0.170.030.71-0.410.430.950.930.16-0.44-0.340.71-0.47-0.310.710.830.030.780.34-0.4-0.5-0.710.90.74
-0.380.290.50.37-0.70.510.31-0.65-0.59-0.280.510.4-0.560.460.370.03-0.520.4-0.57-0.390.48-0.50.88-0.41-0.86
-0.610.080.340.17-0.770.43-0.11-0.8-0.73-0.30.580.46-0.680.520.42-0.14-0.60.12-0.53-0.510.54-0.710.88-0.65-0.99
0.850.19-0.040.130.62-0.340.470.870.820.19-0.4-0.310.77-0.43-0.290.670.660.160.690.32-0.380.9-0.41-0.650.7
0.66-0.02-0.33-0.110.76-0.410.150.830.750.29-0.57-0.460.69-0.52-0.420.250.62-0.090.570.52-0.540.74-0.86-0.990.7
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Beijing Mainstreets Account Relationship Matchups

Beijing Mainstreets fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B3.9B2.9B2.3B2.3B1.8B
Total Stockholder Equity1.5B1.2B862.8M571.8M389.6M370.1M
Other Liab447.4M352.5M12.7M2.7M3.1M3.0M
Retained Earnings1.2B900.1M524.4M91.6M(92.6M)(87.9M)
Accounts Payable372.1M296.6M396.5M431.2M420.1M441.1M
Cash351.6M132.5M113.7M61.7M35.1M33.3M
Other Assets42.9M314.4M39.0M40.3M46.4M51.7M
Inventory3.0B3.1B2.5B1.9B2.0B2.1B
Total Liab2.7B2.6B2.1B1.7B1.9B2.0B
Property Plant Equipment9.0M7.9M6.1M4.6M4.2M4.0M
Long Term Debt534.1M599.5M130M481.5M553.8M280.4M
Other Current Liab1.4B1.5B953.2M507.8M127.4M121.0M
Total Current Liabilities1.8B1.8B1.9B1.2B1.7B1.3B
Net Tangible Assets1.5B1.5B1.2B859.8M773.9M1.1B
Net Receivables14.9M56.6M183.8M52.4M60.3M52.3M
Other Current Assets140.7M268.3M2.5M4.0M69.9M83.0M
Total Current Assets3.6B3.7B2.7B2.1B2.1B2.6B
Non Current Assets Total573.2M154.7M187.8M170.2M157.1M229.9M
Non Current Liabilities Total886.7M812.2M132.7M487.2M213.2M202.6M
Net Invested Capital2.1B1.8B992.8M1.1B389.6M370.1M
Net Working Capital1.9B1.9B807.8M888.8M445.7M423.4M
Net Debt182.6M467.0M16.3M419.8M482.8M250.9M

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Other Information on Investing in Beijing Stock

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