Qiming Selling General Administrative vs Minority Interest Analysis

002232 Stock   19.87  0.05  0.25%   
Qiming Information financial indicator trend analysis is much more than just breaking down Qiming Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qiming Information is a good investment. Please check the relationship between Qiming Information Selling General Administrative and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qiming Information Technology. 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.

Selling General Administrative vs Minority Interest

Selling General Administrative vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qiming Information Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qiming Information's Selling General Administrative and Minority Interest is -0.3. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Qiming Information Technology, assuming nothing else is changed. The correlation between historical values of Qiming Information's Selling General Administrative 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 Selling General Administrative of Qiming Information Technology 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 Selling General Administrative i.e., Qiming Information's Selling General Administrative and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

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 Qiming Information Technology whose combined shares represent less than 50% of the total outstanding shares issued by Qiming Information have a minority interest in Qiming Information.
Most indicators from Qiming Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qiming Information 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 Qiming Information Technology. 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.
The current year's Selling General Administrative is expected to grow to about 23.3 M. The current year's Tax Provision is expected to grow to about 10.5 M
 2021 2022 2023 2024 (projected)
Gross Profit234.6M275.7M145.5M233.1M
Total Revenue1.1B1.5B1.2B1.4B

Qiming Information fundamental ratios Correlations

0.460.970.990.720.32-0.680.90.840.760.360.37-0.120.760.740.870.360.570.310.750.980.94-0.040.90.35-0.19
0.460.490.430.35-0.03-0.640.460.50.53-0.1-0.02-0.260.530.560.49-0.22-0.140.440.250.470.53-0.160.350.03-0.36
0.970.490.960.650.17-0.660.920.820.720.230.48-0.180.720.80.780.30.610.330.650.990.96-0.140.80.2-0.24
0.990.430.960.670.25-0.670.930.820.740.330.35-0.160.740.760.870.280.570.380.710.950.94-0.060.890.29-0.21
0.720.350.650.670.64-0.420.460.480.550.640.290.310.550.250.730.690.40.050.720.720.530.410.790.670.1
0.32-0.030.170.250.64-0.08-0.120.250.20.87-0.220.610.2-0.220.50.660.05-0.270.790.260.010.660.610.980.29
-0.68-0.64-0.66-0.67-0.42-0.08-0.65-0.76-0.940.17-0.340.52-0.94-0.5-0.59-0.08-0.13-0.26-0.46-0.66-0.790.49-0.55-0.050.59
0.90.460.920.930.46-0.12-0.650.760.670.020.45-0.360.670.870.690.060.570.490.410.880.95-0.310.67-0.07-0.36
0.840.50.820.820.480.25-0.760.760.740.150.14-0.340.740.770.680.220.220.160.670.810.84-0.280.710.23-0.57
0.760.530.720.740.550.2-0.940.670.74-0.040.37-0.351.00.460.670.290.20.110.570.730.83-0.320.680.19-0.34
0.36-0.10.230.330.640.870.170.020.15-0.04-0.220.71-0.04-0.070.550.530.25-0.030.720.30.010.830.640.910.45
0.37-0.020.480.350.29-0.22-0.340.450.140.37-0.22-0.230.370.160.050.340.740.080.00.50.48-0.410.1-0.26-0.18
-0.12-0.26-0.18-0.160.310.610.52-0.36-0.34-0.350.71-0.23-0.35-0.460.070.410.11-0.190.19-0.12-0.390.820.150.660.66
0.760.530.720.740.550.2-0.940.670.741.0-0.040.37-0.350.460.670.290.20.110.570.730.83-0.320.680.19-0.34
0.740.560.80.760.25-0.22-0.50.870.770.46-0.070.16-0.460.460.52-0.120.270.380.310.740.82-0.330.49-0.18-0.44
0.870.490.780.870.730.5-0.590.690.680.670.550.050.070.670.520.20.350.450.840.780.720.290.960.580.0
0.36-0.220.30.280.690.66-0.080.060.220.290.530.340.410.29-0.120.20.34-0.590.50.40.180.290.420.590.22
0.57-0.140.610.570.40.05-0.130.570.220.20.250.740.110.20.270.350.340.350.280.630.51-0.050.40.060.09
0.310.440.330.380.05-0.27-0.260.490.160.11-0.030.08-0.190.110.380.45-0.590.350.040.270.35-0.090.23-0.16-0.19
0.750.250.650.710.720.79-0.460.410.670.570.720.00.190.570.310.840.50.280.040.70.540.360.910.80.06
0.980.470.990.950.720.26-0.660.880.810.730.30.5-0.120.730.740.780.40.630.270.70.93-0.10.820.28-0.2
0.940.530.960.940.530.01-0.790.950.840.830.010.48-0.390.830.820.720.180.510.350.540.93-0.350.730.03-0.38
-0.04-0.16-0.14-0.060.410.660.49-0.31-0.28-0.320.83-0.410.82-0.32-0.330.290.29-0.05-0.090.36-0.1-0.350.310.750.69
0.90.350.80.890.790.61-0.550.670.710.680.640.10.150.680.490.960.420.40.230.910.820.730.310.660.05
0.350.030.20.290.670.98-0.05-0.070.230.190.91-0.260.660.19-0.180.580.590.06-0.160.80.280.030.750.660.35
-0.19-0.36-0.24-0.210.10.290.59-0.36-0.57-0.340.45-0.180.66-0.34-0.440.00.220.09-0.190.06-0.2-0.380.690.050.35
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Qiming Information Account Relationship Matchups

Qiming Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.2B2.1B2.2B2.2B1.6B
Other Current Liab77.3M109.2M1.1M93.5M123.2M129.4M
Total Current Liabilities571.6M826.1M714.8M783.4M739.4M511.0M
Total Stockholder Equity1.2B1.3B1.3B1.4B1.4B991.1M
Other Liab84.2M82.3M108.4M74.7M85.9M72.6M
Property Plant And Equipment Net276.4M233.1M205.4M187.2M168.8M266.6M
Net Debt(977.2M)(1.0B)(651.1M)(520.8M)(862.6M)(819.5M)
Retained Earnings438.0M521.6M539.8M585.4M589.3M323.8M
Accounts Payable494.3M453.1M455.7M544.4M509.7M356.5M
Cash977.2M1.0B652.9M524.5M865.3M589.4M
Non Current Assets Total362.2M331.0M440.7M492.1M381.0M459.5M
Non Currrent Assets Other(137.0)233.1M154.3M8.7M2.01.9
Cash And Short Term Investments977.2M1.0B652.9M524.5M865.3M589.4M
Net Receivables458.0M528.8M481.2M957.7M732.0M393.0M
Liabilities And Stockholders Equity1.9B2.2B2.1B2.2B2.2B1.6B
Non Current Liabilities Total82.3M108.4M75.9M59.0M17.2M16.3M
Inventory134.6M353.3M523.8M240.2M168.4M180.8M
Other Current Assets1.8M3.2M21.2M10.2M30.4M31.9M
Other Stockholder Equity322.9M328.5M245.6M270.3M270.3M273.3M
Total Liab653.8M934.4M790.6M842.4M756.6M590.5M
Total Current Assets1.6B1.9B1.7B1.7B1.8B1.2B
Intangible Assets56.2M45.9M31.7M90.0M167.1M110.9M
Property Plant Equipment305.1M276.4M233.1M205.4M236.3M288.5M
Net Tangible Assets1.0B1.1B1.3B1.3B1.5B1.2B
Non Current Liabilities Other11.0M39.0M10.4M7.0M7.0M11.1M
Net Invested Capital1.2B1.3B1.3B1.4B1.4B1.4B
Net Working Capital1.0B1.1B964.2M949.3M1.1B1.1B

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Other Information on Investing in Qiming Stock

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