Jizhong Interest Income vs Minority Interest Analysis

000937 Stock   6.23  0.07  1.14%   
Jizhong Energy financial indicator trend analysis is infinitely more than just investigating Jizhong Energy Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jizhong Energy Resources is a good investment. Please check the relationship between Jizhong Energy Interest Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jizhong Energy Resources. 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.

Interest Income vs Minority Interest

Interest Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jizhong Energy Resources Interest Income account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jizhong Energy's Interest Income and Minority Interest is 0.25. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Jizhong Energy Resources, assuming nothing else is changed. The correlation between historical values of Jizhong Energy's Interest Income 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 Interest Income of Jizhong Energy Resources 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 Interest Income i.e., Jizhong Energy's Interest Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

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 Jizhong Energy Resources whose combined shares represent less than 50% of the total outstanding shares issued by Jizhong Energy have a minority interest in Jizhong Energy.
Most indicators from Jizhong Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jizhong Energy Resources 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 Jizhong Energy Resources. 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.
As of December 2, 2024, Selling General Administrative is expected to decline to about 237.6 M. In addition to that, Tax Provision is expected to decline to about 827.6 M
 2021 2022 2023 2024 (projected)
Income Before Tax4.6B7.0B6.6B6.9B
Cost Of Revenue22.9B24.5B15.4B12.6B

Jizhong Energy fundamental ratios Correlations

0.350.920.980.960.770.570.220.720.10.990.570.920.980.380.350.64-0.330.190.42-0.39-0.510.550.370.43-0.02
0.350.370.230.280.260.060.330.230.360.430.690.180.270.470.28-0.160.49-0.21-0.480.130.21-0.11-0.06-0.120.2
0.920.370.860.870.720.68-0.060.650.040.920.510.810.90.21-0.010.63-0.170.020.43-0.58-0.630.550.660.440.08
0.980.230.860.990.720.570.190.670.040.940.510.970.960.310.360.7-0.460.260.47-0.39-0.540.60.330.48-0.04
0.960.280.870.990.660.580.160.590.040.930.540.960.930.260.320.71-0.420.280.45-0.4-0.550.620.350.49-0.05
0.770.260.720.720.660.320.270.840.530.770.50.60.810.610.250.3-0.01-0.180.15-0.19-0.170.030.270.010.27
0.570.060.680.570.580.32-0.490.16-0.360.52-0.090.560.53-0.19-0.210.83-0.340.00.72-0.92-0.890.790.760.84-0.23
0.220.33-0.060.190.160.27-0.490.430.440.290.530.130.190.780.83-0.22-0.060.34-0.460.70.6-0.35-0.71-0.38-0.04
0.720.230.650.670.590.840.160.430.470.730.490.550.80.610.320.27-0.03-0.150.07-0.11-0.110.00.16-0.140.19
0.10.360.040.040.040.53-0.360.440.470.120.51-0.080.170.540.16-0.350.58-0.52-0.560.390.55-0.71-0.24-0.690.35
0.990.430.920.940.930.770.520.290.730.120.60.880.960.460.390.57-0.280.210.35-0.32-0.440.50.330.38-0.03
0.570.690.510.510.540.5-0.090.530.490.510.60.430.50.490.33-0.010.19-0.02-0.440.230.21-0.14-0.09-0.180.34
0.920.180.810.970.960.60.560.130.55-0.080.880.430.90.250.330.73-0.570.360.48-0.37-0.550.670.310.51-0.07
0.980.270.90.960.930.810.530.190.80.170.960.50.90.370.30.63-0.30.090.44-0.4-0.50.490.380.330.02
0.380.470.210.310.260.61-0.190.780.610.540.460.490.250.370.69-0.150.060.1-0.360.450.44-0.32-0.4-0.310.03
0.350.28-0.010.360.320.25-0.210.830.320.160.390.330.330.30.69-0.01-0.320.46-0.140.50.340.01-0.680.0-0.24
0.64-0.160.630.70.710.30.83-0.220.27-0.350.57-0.010.730.63-0.15-0.01-0.680.270.72-0.75-0.80.810.530.78-0.36
-0.330.49-0.17-0.46-0.42-0.01-0.34-0.06-0.030.58-0.280.19-0.57-0.30.06-0.32-0.68-0.7-0.590.230.44-0.660.02-0.640.47
0.19-0.210.020.260.28-0.180.00.34-0.15-0.520.21-0.020.360.090.10.460.27-0.70.310.19-0.110.48-0.220.41-0.39
0.42-0.480.430.470.450.150.72-0.460.07-0.560.35-0.440.480.44-0.36-0.140.72-0.590.31-0.73-0.870.820.60.74-0.38
-0.390.13-0.58-0.39-0.4-0.19-0.920.7-0.110.39-0.320.23-0.37-0.40.450.5-0.750.230.19-0.730.93-0.71-0.88-0.720.14
-0.510.21-0.63-0.54-0.55-0.17-0.890.6-0.110.55-0.440.21-0.55-0.50.440.34-0.80.44-0.11-0.870.93-0.88-0.81-0.820.18
0.55-0.110.550.60.620.030.79-0.350.0-0.710.5-0.140.670.49-0.320.010.81-0.660.480.82-0.71-0.880.530.91-0.37
0.37-0.060.660.330.350.270.76-0.710.16-0.240.33-0.090.310.38-0.4-0.680.530.02-0.220.6-0.88-0.810.530.480.09
0.43-0.120.440.480.490.010.84-0.38-0.14-0.690.38-0.180.510.33-0.310.00.78-0.640.410.74-0.72-0.820.910.48-0.43
-0.020.20.08-0.04-0.050.27-0.23-0.040.190.35-0.030.34-0.070.020.03-0.24-0.360.47-0.39-0.380.140.18-0.370.09-0.43
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Jizhong Energy Account Relationship Matchups

Jizhong Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.5B50.1B49.9B51.5B52.3B30.8B
Other Current Liab3.4B6.2B3.6B878.3M179.1M170.2M
Total Current Liabilities14.6B22.8B21.6B22.4B19.0B11.3B
Total Stockholder Equity20.4B19.6B20.8B21.1B22.5B13.2B
Retained Earnings11.6B12.1B13.4B11.6B12.7B7.3B
Accounts Payable4.1B4.7B4.5B5.2B5.4B3.3B
Cash11.2B14.7B12.1B10.7B11.9B12.5B
Net Receivables6.1B1.5B3.2B3.0B2.8B4.6B
Inventory900.4M803.6M998.3M1.2B1.2B758.8M
Other Current Assets279.2M408.7M652.7M113.4M211.2M200.7M
Total Liab22.5B27.1B25.5B26.6B26.7B15.9B
Intangible Assets5.4B6.0B6.0B5.8B529.0M502.6M
Property Plant Equipment15.7B16.9B17.9B19.4B22.3B11.7B
Other Assets1.3B979.5M1.0B742.5M853.9M947.2M
Long Term Debt7.6B2.5B1.3B1.6B5.3B3.9B
Other Liab1.3B1.9B1.7B1.8B2.0B2.1B
Net Tangible Assets13.4B13.4B14.7B15.0B17.2B15.0B
Other Stockholder Equity95.0M(134.7M)(231.6M)(239.7M)(215.7M)(204.9M)
Deferred Long Term Liab23.6M18.9M17.3M12.1M10.9M18.0M
Short Long Term Debt4.4B11.2B11.3B11.4B9.0B8.0B
Total Current Assets19.3B19.2B17.1B18.7B18.3B19.5B
Non Current Assets Total27.2B30.9B32.9B32.8B34.0B33.0B
Non Currrent Assets Other270.5M390.3M361.3M231.9M350.5M363.0M
Non Current Liabilities Total9.4B4.2B3.8B4.2B7.7B5.7B
Non Current Liabilities Other585.0M599.0M638.9M747.9M714.3M678.6M
Net Debt5.8B872.8M451.8M2.3B2.4B2.4B
Net Invested Capital32.5B33.3B33.4B34.1B36.8B36.8B
Net Working Capital5.1B(3.6B)(4.5B)(3.7B)(651.9M)(619.3M)

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Other Information on Investing in Jizhong Stock

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