Shanghai Minority Interest vs Net Income From Continuing Ops Analysis

002195 Stock   4.83  0.44  10.02%   
Shanghai 2345 financial indicator trend analysis is much more than just breaking down Shanghai 2345 Network prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai 2345 Network is a good investment. Please check the relationship between Shanghai 2345 Minority Interest and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai 2345 Network. 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.

Minority Interest vs Net Income From Continuing Ops

Minority Interest vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai 2345 Network Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak relationship.
The correlation between Shanghai 2345's Minority Interest and Net Income From Continuing Ops is 0.34. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Shanghai 2345 Network, assuming nothing else is changed. The correlation between historical values of Shanghai 2345's Minority Interest and Net Income From Continuing Ops 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 Shanghai 2345 Network are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., Shanghai 2345's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

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 Shanghai 2345 Network whose combined shares represent less than 50% of the total outstanding shares issued by Shanghai 2345 have a minority interest in Shanghai 2345.

Net Income From Continuing Ops

Most indicators from Shanghai 2345's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai 2345 Network 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 Shanghai 2345 Network. 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 18, 2024, Selling General Administrative is expected to decline to about 55.5 M. In addition to that, Tax Provision is expected to decline to about 73.2 M
 2021 2022 2023 2024 (projected)
Operating Income180.1M137.3M52.7M50.1M
Total Revenue932.4M667.3M565.2M536.9M

Shanghai 2345 fundamental ratios Correlations

0.550.770.990.890.690.860.810.810.590.74-0.140.830.10.420.85-0.480.560.88-0.420.690.890.890.34-0.680.27
0.550.930.450.330.850.670.330.730.750.94-0.040.17-0.290.590.320.35-0.250.210.40.690.40.330.77-0.050.9
0.770.930.70.640.890.820.60.860.830.99-0.170.5-0.250.540.590.060.020.520.10.790.630.620.72-0.380.75
0.990.450.70.890.620.820.810.760.520.66-0.130.850.160.370.85-0.560.620.9-0.50.640.890.90.26-0.710.16
0.890.330.640.890.440.690.960.680.550.61-0.290.980.080.270.89-0.630.710.96-0.630.550.920.960.25-0.880.1
0.690.850.890.620.440.850.360.780.60.87-0.030.32-0.220.580.520.21-0.20.320.250.840.390.440.59-0.130.64
0.860.670.820.820.690.850.60.840.540.8-0.290.62-0.250.660.78-0.190.180.66-0.120.940.680.740.39-0.380.42
0.810.330.60.810.960.360.60.570.580.6-0.280.940.070.330.85-0.60.720.91-0.60.490.90.930.24-0.850.18
0.810.730.860.760.680.780.840.570.560.83-0.230.6-0.290.570.7-0.180.170.63-0.150.830.690.690.54-0.410.45
0.590.750.830.520.550.60.540.580.560.85-0.150.42-0.180.20.42-0.040.140.47-0.010.440.540.570.5-0.550.78
0.740.940.990.660.610.870.80.60.830.85-0.170.47-0.280.570.570.080.010.490.110.780.610.60.69-0.360.81
-0.14-0.04-0.17-0.13-0.29-0.03-0.29-0.28-0.23-0.15-0.17-0.290.39-0.18-0.190.19-0.18-0.30.18-0.27-0.29-0.32-0.060.23-0.05
0.830.170.50.850.980.320.620.940.60.420.47-0.290.090.250.89-0.750.780.97-0.750.480.90.960.06-0.88-0.04
0.1-0.29-0.250.160.08-0.22-0.250.07-0.29-0.18-0.280.390.09-0.38-0.04-0.260.370.09-0.26-0.440.05-0.02-0.19-0.17-0.36
0.420.590.540.370.270.580.660.330.570.20.57-0.180.25-0.380.490.06-0.070.240.090.780.390.350.260.140.51
0.850.320.590.850.890.520.780.850.70.420.57-0.190.89-0.040.49-0.580.590.88-0.560.720.810.910.11-0.690.1
-0.480.350.06-0.56-0.630.21-0.19-0.6-0.18-0.040.080.19-0.75-0.260.06-0.58-0.92-0.770.980.0-0.65-0.70.520.770.43
0.56-0.250.020.620.71-0.20.180.720.170.140.01-0.180.780.37-0.070.59-0.920.83-0.9-0.010.740.74-0.3-0.81-0.34
0.880.210.520.90.960.320.660.910.630.470.49-0.30.970.090.240.88-0.770.83-0.730.490.950.980.07-0.880.0
-0.420.40.1-0.5-0.630.25-0.12-0.6-0.15-0.010.110.18-0.75-0.260.09-0.560.98-0.9-0.730.04-0.6-0.670.50.770.47
0.690.690.790.640.550.840.940.490.830.440.78-0.270.48-0.440.780.720.0-0.010.490.040.520.60.45-0.180.48
0.890.40.630.890.920.390.680.90.690.540.61-0.290.90.050.390.81-0.650.740.95-0.60.520.940.22-0.770.19
0.890.330.620.90.960.440.740.930.690.570.6-0.320.96-0.020.350.91-0.70.740.98-0.670.60.940.11-0.860.14
0.340.770.720.260.250.590.390.240.540.50.69-0.060.06-0.190.260.110.52-0.30.070.50.450.220.110.00.59
-0.68-0.05-0.38-0.71-0.88-0.13-0.38-0.85-0.41-0.55-0.360.23-0.88-0.170.14-0.690.77-0.81-0.880.77-0.18-0.77-0.860.00.06
0.270.90.750.160.10.640.420.180.450.780.81-0.05-0.04-0.360.510.10.43-0.340.00.470.480.190.140.590.06
Click cells to compare fundamentals

Shanghai 2345 Account Relationship Matchups

Shanghai 2345 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.4B9.9B10.0B9.9B10.1B5.6B
Other Current Liab257.8M125.7M84.9M926.3K2.5M2.4M
Total Current Liabilities1.1B738.8M558.8M377.9M287.8M454.0M
Total Stockholder Equity10.2B9.1B9.3B9.4B9.7B5.0B
Retained Earnings4.0B3.0B3.4B3.2B3.4B3.6B
Accounts Payable205.7M155.6M68.7M60.0M63.1M100.9M
Cash3.0B2.9B1.4B2.5B2.0B1.6B
Other Assets1.2B1.1B526.0M1.0B1.2B1.2B
Net Receivables520.2M705.1M598.2M197.1M170.4M273.3M
Other Current Assets964.3M685.7M346.4M795.2M505.1M440.0M
Total Liab1.2B763.0M687.7M481.4M333.7M540.8M
Intangible Assets4.7M2.6M656.1K1.4M790.8K751.2K
Common Stock3.4B4.4B5.8B5.7B6.6B6.9B
Property Plant Equipment71.8M137.5M84.2M145.5M167.3M94.4M
Other Liab110.3M6.4M12.2M47.3M54.4M74.0M
Short Term Investments2.3B2.7B4.5B4.3B5.3B2.7B
Net Tangible Assets6.9B7.7B8.0B8.2B9.4B6.6B
Deferred Long Term Liab35.4M26.3M22.0M13.2M11.9M18.9M
Total Current Assets6.8B7.5B6.8B7.8B8.2B7.0B
Non Current Assets Total4.6B2.5B3.1B2.1B1.9B2.5B
Non Currrent Assets Other100M455.5M136.0M3.1M2.8M2.6M
Long Term Debt303.8M608.2M72M12M10.8M10.3M
Non Current Liabilities Total78.4M24.2M128.9M103.5M45.8M43.5M
Short Long Term Debt101.2M256.7M285.1M161.3M47M44.7M
Non Current Liabilities Other6.1M8.3M11.0M8.3M8.9M8.2M
Net Invested Capital10.3B9.4B9.6B9.6B9.8B10.5B
Net Working Capital5.7B6.7B6.3B7.4B7.9B7.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai 2345 Network at a specified time, usually calculated after every quarter, six months, or one year. Shanghai 2345 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai 2345 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.