Huaxi Minority Interest vs Operating Income Analysis

002926 Stock   8.69  0.08  0.93%   
Huaxi Securities financial indicator trend analysis is much more than just examining Huaxi Securities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huaxi Securities is a good investment. Please check the relationship between Huaxi Securities Minority Interest and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huaxi Securities Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huaxi Securities Minority Interest account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Huaxi Securities' Minority Interest and Operating Income is 0.73. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of Huaxi Securities Co, assuming nothing else is changed. The correlation between historical values of Huaxi Securities' Minority Interest and Operating Income 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 Huaxi Securities Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Huaxi Securities' Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Huaxi Securities Co whose combined shares represent less than 50% of the total outstanding shares issued by Huaxi Securities have a minority interest in Huaxi Securities.

Operating Income

Operating Income is the amount of profit realized from Huaxi Securities 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 Huaxi Securities Co 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.
Most indicators from Huaxi Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huaxi Securities 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 Huaxi Securities Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
As of December 28, 2024, Selling General Administrative is expected to decline to about 1.9 B. In addition to that, Tax Provision is expected to decline to about 20.9 M
 2023 2024 (projected)
Gross Profit1.7B1.6B
Total Revenue3.2B3.0B

Huaxi Securities fundamental ratios Correlations

0.790.950.830.390.830.810.380.880.54-0.480.930.42-0.580.6-0.860.980.860.960.870.750.810.840.890.750.92
0.790.750.750.410.760.640.770.790.88-0.480.750.77-0.650.9-0.930.740.720.820.870.780.830.750.630.810.87
0.950.750.730.510.760.660.480.810.55-0.470.960.54-0.520.63-0.810.950.780.980.890.70.840.790.890.680.85
0.830.750.73-0.070.990.920.370.930.4-0.740.680.44-0.880.51-0.780.690.960.80.860.950.660.930.830.950.95
0.390.410.51-0.070.0-0.120.380.190.580.370.610.390.270.45-0.40.54-0.020.510.36-0.030.630.050.22-0.030.17
0.830.760.760.990.00.880.410.930.44-0.730.710.52-0.870.53-0.790.690.950.840.90.970.720.940.850.960.95
0.810.640.660.92-0.120.880.190.910.26-0.720.610.17-0.820.39-0.730.70.960.70.720.770.490.810.760.770.87
0.380.770.480.370.380.410.190.430.81-0.410.450.94-0.510.87-0.670.350.360.490.610.490.620.420.30.550.48
0.880.790.810.930.190.930.910.430.47-0.670.790.45-0.830.57-0.850.780.960.870.910.840.740.860.850.830.93
0.540.880.550.40.580.440.260.810.47-0.20.540.79-0.360.95-0.790.550.390.610.670.50.740.460.370.540.6
-0.48-0.48-0.47-0.740.37-0.73-0.72-0.41-0.67-0.2-0.31-0.360.92-0.460.57-0.33-0.78-0.46-0.63-0.68-0.3-0.61-0.52-0.68-0.63
0.930.750.960.680.610.710.610.450.790.54-0.310.52-0.410.57-0.780.950.70.960.840.650.860.750.830.640.81
0.420.770.540.440.390.520.170.940.450.79-0.360.52-0.50.81-0.640.370.380.580.690.630.720.530.40.660.55
-0.58-0.65-0.52-0.880.27-0.87-0.82-0.51-0.83-0.360.92-0.41-0.5-0.540.69-0.41-0.88-0.57-0.75-0.84-0.47-0.76-0.63-0.85-0.78
0.60.90.630.510.450.530.390.870.570.95-0.460.570.81-0.54-0.850.590.520.660.750.560.730.520.440.610.67
-0.86-0.93-0.81-0.78-0.4-0.79-0.73-0.67-0.85-0.790.57-0.78-0.640.69-0.85-0.81-0.78-0.86-0.9-0.76-0.88-0.69-0.65-0.78-0.86
0.980.740.950.690.540.690.70.350.780.55-0.330.950.37-0.410.59-0.810.740.930.790.60.790.730.830.60.83
0.860.720.780.96-0.020.950.960.360.960.39-0.780.70.38-0.880.52-0.780.740.810.850.860.610.910.880.850.94
0.960.820.980.80.510.840.70.490.870.61-0.460.960.58-0.570.66-0.860.930.810.940.780.910.840.890.770.9
0.870.870.890.860.360.90.720.610.910.67-0.630.840.69-0.750.75-0.90.790.850.940.870.90.840.820.860.92
0.750.780.70.95-0.030.970.770.490.840.5-0.680.650.63-0.840.56-0.760.60.860.780.870.720.930.780.990.92
0.810.830.840.660.630.720.490.620.740.74-0.30.860.72-0.470.73-0.880.790.610.910.90.720.650.670.720.76
0.840.750.790.930.050.940.810.420.860.46-0.610.750.53-0.760.52-0.690.730.910.840.840.930.650.930.920.96
0.890.630.890.830.220.850.760.30.850.37-0.520.830.4-0.630.44-0.650.830.880.890.820.780.670.930.750.89
0.750.810.680.95-0.030.960.770.550.830.54-0.680.640.66-0.850.61-0.780.60.850.770.860.990.720.920.750.92
0.920.870.850.950.170.950.870.480.930.6-0.630.810.55-0.780.67-0.860.830.940.90.920.920.760.960.890.92
Click cells to compare fundamentals

Huaxi Securities Account Relationship Matchups

Huaxi Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.8B77.2B95.8B97.7B88.9B76.5B
Other Current Liab372.1M1.9B1.9B3.5B4.0B4.2B
Total Current Liabilities37.5B42.2B53.7B52.0B59.8B40.1B
Total Stockholder Equity19.6B21.3B22.4B22.4B22.8B19.8B
Other Liab520.5M706.2M970.3M1.0B1.2B850.9M
Net Tangible Assets19.6B21.2B22.3B22.3B25.6B19.1B
Retained Earnings8.9B10.6B11.9B12.1B7.7B9.3B
Accounts Payable322.0K15.3M23.4M24.4M141.8M148.9M
Cash20.4B39.1B50.0B49.1B47.6B31.9B
Other Assets401.9M586.9M617.4M5.7B6.5B6.9B
Net Receivables11.5B15.4B18.6B16.6B19.1B14.2B
Other Current Assets5.0B6.3B7.3B25.7B29.6B31.0B
Other Stockholder Equity49.7M21.2M(263.4M)(382.7M)(344.5M)(327.2M)
Total Liab48.1B55.9B73.4B75.3B66.1B56.6B
Long Term Investments26.2B31.4B33.0B35.8B30.8B25.1B
Total Current Assets57.3B68.5B87.1B89.7B103.2B65.0B
Intangible Assets49.5M70.0M87.4M106.2M140.4M75.1M
Property Plant Equipment599.5M598.9M753.5M741.7M852.9M699.0M
Deferred Long Term Liab68.3M74.1M63.3M66.9M76.9M63.7M
Net Invested Capital36.4B42.2B41.0B49.2B48.5B41.9B

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 Huaxi Stock

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