Hunan Research Development vs Minority Interest Analysis

000917 Stock   7.19  0.46  6.01%   
Hunan TV financial indicator trend analysis is much more than just examining Hunan TV Broadcast latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan TV Broadcast is a good investment. Please check the relationship between Hunan TV Research Development and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan TV Broadcast. 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.

Research Development vs Minority Interest

Research Development vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan TV Broadcast Research Development account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hunan TV's Research Development and Minority Interest is -0.46. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Hunan TV Broadcast, assuming nothing else is changed. The correlation between historical values of Hunan TV's Research Development and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Hunan TV Broadcast are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Research Development i.e., Hunan TV's Research Development and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

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 Hunan TV Broadcast whose combined shares represent less than 50% of the total outstanding shares issued by Hunan TV have a minority interest in Hunan TV.
Most indicators from Hunan TV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan TV Broadcast 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 Hunan TV Broadcast. 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 March 2, 2025, Selling General Administrative is expected to decline to about 313.1 M. In addition to that, Tax Provision is expected to decline to about 142.5 M
 2024 2025 (projected)
Other Operating Expenses20.7M19.6M
Gross Profit1.1B1.2B

Hunan TV fundamental ratios Correlations

0.50.890.860.790.840.290.040.490.760.650.650.830.40.860.410.240.410.720.16-0.120.010.560.43-0.11-0.48
0.50.650.230.470.580.380.020.540.720.580.80.650.540.250.56-0.24-0.210.19-0.42-0.630.51-0.020.790.4-0.09
0.890.650.630.730.820.20.050.560.880.760.710.90.480.650.50.10.190.7-0.11-0.410.240.420.620.03-0.44
0.860.230.630.70.540.31-0.280.050.470.30.40.440.20.950.150.420.490.640.380.18-0.230.550.09-0.31-0.48
0.790.470.730.70.790.190.090.520.760.770.760.70.780.680.75-0.13-0.030.64-0.14-0.450.450.250.470.24-0.02
0.840.580.820.540.790.30.290.780.860.780.780.920.660.570.7-0.040.180.47-0.13-0.420.40.310.670.22-0.24
0.290.380.20.310.190.3-0.360.180.170.090.370.210.240.350.24-0.07-0.01-0.07-0.15-0.170.14-0.090.270.13-0.06
0.040.020.05-0.280.090.29-0.360.620.140.470.090.360.14-0.260.26-0.270.010.01-0.05-0.160.150.140.090.150.24
0.490.540.560.050.520.780.180.620.630.830.660.850.650.150.74-0.43-0.130.23-0.37-0.560.520.080.620.450.13
0.760.720.880.470.760.860.170.140.630.750.760.850.60.470.61-0.020.040.57-0.16-0.620.510.40.760.15-0.36
0.650.580.760.30.770.780.090.470.830.750.760.860.770.330.82-0.45-0.240.49-0.43-0.690.590.160.660.440.09
0.650.80.710.40.760.780.370.090.660.760.760.760.830.430.81-0.37-0.240.37-0.51-0.590.57-0.060.830.610.14
0.830.650.90.440.70.920.210.360.850.850.860.760.580.510.64-0.090.130.56-0.19-0.470.340.350.680.2-0.26
0.40.540.480.20.780.660.240.140.650.60.770.830.580.260.98-0.65-0.540.22-0.64-0.740.81-0.290.660.740.45
0.860.250.650.950.680.570.35-0.260.150.470.330.430.510.260.220.340.440.530.320.16-0.220.460.08-0.26-0.43
0.410.560.50.150.750.70.240.260.740.610.820.810.640.980.22-0.65-0.530.19-0.64-0.750.83-0.290.660.740.43
0.24-0.240.10.42-0.13-0.04-0.07-0.27-0.43-0.02-0.45-0.37-0.09-0.650.34-0.650.880.30.830.66-0.720.58-0.41-0.86-0.77
0.41-0.210.190.49-0.030.18-0.010.01-0.130.04-0.24-0.240.13-0.540.44-0.530.880.30.810.66-0.750.7-0.3-0.78-0.74
0.720.190.70.640.640.47-0.070.010.230.570.490.370.560.220.530.190.30.30.18-0.09-0.030.550.22-0.17-0.35
0.16-0.42-0.110.38-0.14-0.13-0.15-0.05-0.37-0.16-0.43-0.51-0.19-0.640.32-0.640.830.810.180.72-0.730.7-0.62-0.89-0.6
-0.12-0.63-0.410.18-0.45-0.42-0.17-0.16-0.56-0.62-0.69-0.59-0.47-0.740.16-0.750.660.66-0.090.72-0.930.21-0.75-0.61-0.24
0.010.510.24-0.230.450.40.140.150.520.510.590.570.340.81-0.220.83-0.72-0.75-0.03-0.73-0.93-0.40.680.730.43
0.56-0.020.420.550.250.31-0.090.140.080.40.16-0.060.35-0.290.46-0.290.580.70.550.70.21-0.4-0.05-0.69-0.77
0.430.790.620.090.470.670.270.090.620.760.660.830.680.660.080.66-0.41-0.30.22-0.62-0.750.68-0.050.61-0.02
-0.110.40.03-0.310.240.220.130.150.450.150.440.610.20.74-0.260.74-0.86-0.78-0.17-0.89-0.610.73-0.690.610.75
-0.48-0.09-0.44-0.48-0.02-0.24-0.060.240.13-0.360.090.14-0.260.45-0.430.43-0.77-0.74-0.35-0.6-0.240.43-0.77-0.020.75
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Hunan TV Account Relationship Matchups

Hunan TV fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets20.8B19.0B17.7B17.2B19.8B14.3B
Other Current Liab1.5B1.3B51.2M6.6M7.6M7.2M
Total Current Liabilities4.7B5.2B4.4B3.3B3.8B3.9B
Total Stockholder Equity10.2B10.3B10.2B10.3B11.8B6.6B
Retained Earnings985.1M1.3B1.2B1.4B1.6B1.3B
Accounts Payable1.1B924.3M819.5M714.8M822.1M834.0M
Cash2.5B2.1B1.9B1.6B1.8B1.9B
Other Assets172.5M181.8M131.6M122.9M141.4M272.0M
Long Term Debt3.5B1.5B1.3B1.9B2.2B2.9B
Net Receivables707.3M1.1B705.4M578.7M665.5M908.6M
Inventory1.1B1.0B997.4M973.4M1.1B1.3B
Other Current Assets851.6M788.4M30.2M27.9M32.1M30.5M
Total Liab9.1B7.4B6.3B5.8B6.7B7.0B
Intangible Assets64.9M58.8M66.9M54.7M62.9M59.7M
Property Plant Equipment7.2B7.0B1.3B1.3B1.5B1.5B
Short Term Investments1.4B1.8B1.2B1.3B1.5B1.6B
Other Liab277.7M675.4M967.7M645.7M742.5M779.6M
Net Tangible Assets8.7B9.6B9.6B9.7B11.2B10.0B
Other Stockholder Equity13.9M651.0M1.4B1.2B1.3B746.5M
Deferred Long Term Liab57.8M53.5M15.4M25.0M22.5M33.4M
Total Current Assets7.5B6.7B6.0B5.5B5.0B5.9B
Non Current Assets Total13.3B12.3B11.7B11.7B10.5B10.7B
Non Currrent Assets Other4.4M3.8M5.7M78K70.2K66.7K
Non Current Liabilities Total4.4B2.2B1.9B2.5B2.3B3.2B
Short Long Term Debt920.1M513.1M770.6M1.4B1.3B812.4M
Net Debt2.5B1.9B192.3M1.8B1.6B1.9B
Net Invested Capital14.6B12.3B12.3B13.6B12.2B11.6B
Net Working Capital2.8B1.5B1.6B2.2B2.0B1.7B
Property Plant And Equipment Net1.3B1.3B1.3B1.3B1.2B2.0B
Property Plant And Equipment Gross2.5B2.6B2.6B2.6B2.3B4.0B

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Other Information on Investing in Hunan Stock

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