Taiji Operating Income vs Minority Interest Analysis

002368 Stock   24.56  0.80  3.15%   
Taiji Computer financial indicator trend analysis is much more than just breaking down Taiji Computer Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taiji Computer Corp is a good investment. Please check the relationship between Taiji Computer Operating Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiji Computer Corp. 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.

Operating Income vs Minority Interest

Operating Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiji Computer Corp Operating Income account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Taiji Computer's Operating Income and Minority Interest is 0.24. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Taiji Computer Corp, assuming nothing else is changed. The correlation between historical values of Taiji Computer's Operating 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 Operating Income of Taiji Computer Corp 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 Operating Income i.e., Taiji Computer's Operating Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Taiji Computer Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Taiji Computer Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Taiji Computer Corp whose combined shares represent less than 50% of the total outstanding shares issued by Taiji Computer have a minority interest in Taiji Computer.
Most indicators from Taiji Computer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taiji Computer Corp 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 Taiji Computer Corp. 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 359.6 M, whereas Tax Provision is forecasted to decline to about 9.9 M.
 2021 2022 2023 2024 (projected)
Operating Income674.2M628.4M589.3M368.8M
Total Revenue10.5B10.6B9.2B6.1B

Taiji Computer fundamental ratios Correlations

0.341.00.950.990.870.890.70.910.920.120.990.950.890.730.86-0.20.90.51-0.770.950.630.90.690.690.18
0.340.360.190.30.00.50.040.410.220.770.380.320.190.510.240.44-0.05-0.55-0.250.210.68-0.010.480.5-0.39
1.00.360.930.980.870.880.670.930.930.131.00.940.880.690.84-0.190.890.5-0.760.960.620.890.680.680.17
0.950.190.930.970.830.780.720.840.840.050.910.960.880.710.89-0.280.910.6-0.760.870.50.870.540.530.26
0.990.30.980.970.860.860.690.880.90.130.980.950.90.740.88-0.220.920.54-0.790.930.630.90.660.660.21
0.870.00.870.830.860.750.770.780.97-0.180.870.80.920.540.77-0.610.90.8-0.780.940.280.950.510.510.27
0.890.50.880.780.860.750.720.770.820.210.910.810.80.690.7-0.060.720.29-0.630.870.740.790.890.890.07
0.70.040.670.720.690.770.720.570.74-0.130.680.630.830.420.5-0.480.730.61-0.590.740.30.790.490.480.26
0.910.410.930.840.880.780.770.570.850.130.920.850.790.540.8-0.160.750.4-0.70.860.530.770.520.520.34
0.920.220.930.840.90.970.820.740.850.030.920.830.940.640.78-0.50.870.67-0.850.970.450.920.590.580.18
0.120.770.130.050.13-0.180.21-0.130.130.030.140.140.040.370.070.36-0.13-0.46-0.21-0.010.63-0.160.170.19-0.45
0.990.381.00.910.980.870.910.680.920.920.140.930.880.720.83-0.170.880.47-0.760.960.650.890.730.730.16
0.950.320.940.960.950.80.810.630.850.830.140.930.840.790.85-0.180.840.47-0.720.850.540.80.60.60.09
0.890.190.880.880.90.920.80.830.790.940.040.880.840.710.77-0.530.860.67-0.90.890.450.890.550.540.24
0.730.510.690.710.740.540.690.420.540.640.370.720.790.710.7-0.090.540.18-0.730.590.610.510.640.65-0.23
0.860.240.840.890.880.770.70.50.80.780.070.830.850.770.7-0.270.770.52-0.710.770.480.760.50.50.2
-0.20.44-0.19-0.28-0.22-0.61-0.06-0.48-0.16-0.50.36-0.17-0.18-0.53-0.09-0.27-0.41-0.790.5-0.360.4-0.470.170.18-0.25
0.9-0.050.890.910.920.90.720.730.750.87-0.130.880.840.860.540.77-0.410.76-0.720.920.410.970.530.520.34
0.51-0.550.50.60.540.80.290.610.40.67-0.460.470.470.670.180.52-0.790.76-0.570.62-0.120.760.050.030.42
-0.77-0.25-0.76-0.76-0.79-0.78-0.63-0.59-0.7-0.85-0.21-0.76-0.72-0.9-0.73-0.710.5-0.72-0.57-0.76-0.44-0.71-0.39-0.39-0.13
0.950.210.960.870.930.940.870.740.860.97-0.010.960.850.890.590.77-0.360.920.62-0.760.510.960.680.680.21
0.630.680.620.50.630.280.740.30.530.450.630.650.540.450.610.480.40.41-0.12-0.440.510.40.730.74-0.11
0.9-0.010.890.870.90.950.790.790.770.92-0.160.890.80.890.510.76-0.470.970.76-0.710.960.40.60.590.35
0.690.480.680.540.660.510.890.490.520.590.170.730.60.550.640.50.170.530.05-0.390.680.730.61.0-0.02
0.690.50.680.530.660.510.890.480.520.580.190.730.60.540.650.50.180.520.03-0.390.680.740.591.0-0.04
0.18-0.390.170.260.210.270.070.260.340.18-0.450.160.090.24-0.230.2-0.250.340.42-0.130.21-0.110.35-0.02-0.04
Click cells to compare fundamentals

Taiji Computer Account Relationship Matchups

Taiji Computer fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7B13.5B17.1B15.9B16.2B8.8B
Other Current Liab2.4B3.0B4.3B205.0M177.2M168.4M
Total Current Liabilities6.4B8.3B12.1B10.5B10.4B5.6B
Total Stockholder Equity3.2B3.5B3.7B4.2B5.2B2.7B
Retained Earnings1.7B2.0B2.2B2.3B2.5B1.3B
Accounts Payable2.8B4.7B6.7B7.0B7.3B7.6B
Cash2.2B2.8B2.9B2.5B1.7B1.7B
Other Assets207.4M310.1M333.0M349.8M402.2M422.3M
Net Receivables3.7B2.4B6.6B4.4B4.7B2.9B
Inventory1.6B2.5B3.8B3.1B3.2B3.4B
Other Current Assets420.4M480.4M499.0M29.3M30.7M29.2M
Total Liab7.2B9.7B13.2B11.4B10.7B6.0B
Property Plant Equipment916.9M1.1B1.2B1.3B1.5B1.5B
Other Liab56.7M60.8M107.9M54.1M62.2M50.0M
Intangible Assets821.0M882.1M984.9M1.1B1.2B782.6M
Net Tangible Assets2.0B2.3B2.3B3.0B3.4B2.1B
Deferred Long Term Liab20.1M19.8M20.0M244.4M281.1M295.1M
Total Current Assets7.9B10.6B13.8B12.3B12.5B9.9B
Non Current Assets Total2.8B3.0B3.3B3.6B3.7B3.1B
Non Currrent Assets Other2.0B2.4B71.7K295.0K265.5K252.2K
Long Term Debt804.2M1.3B966.1M850.1M233M221.4M
Non Current Liabilities Total865.0M1.4B1.1B900.6M280.2M266.2M
Short Long Term Debt1.1B360M730.7M883.2M890.7M786.3M
Common Stock Shares Outstanding577.9M579.6M579.7M591.7M623.2M646.6M
Net Invested Capital5.1B5.2B5.4B5.9B6.3B5.5B
Net Working Capital1.5B2.2B1.7B1.8B2.0B1.8B
Capital Stock412.8M579.6M579.7M591.7M623.2M587.1M

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 Taiji Stock

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