Beijing Gross Profit vs Minority Interest Analysis

300002 Stock   12.13  0.03  0.25%   
Beijing Ultrapower financial indicator trend analysis is way more than just evaluating Beijing Ultrapower prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Ultrapower is a good investment. Please check the relationship between Beijing Ultrapower Gross Profit and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Ultrapower Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Minority Interest

Gross Profit vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Ultrapower Gross Profit account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Ultrapower's Gross Profit and Minority Interest is -0.47. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Beijing Ultrapower Software, assuming nothing else is changed. The correlation between historical values of Beijing Ultrapower's Gross Profit 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 Gross Profit of Beijing Ultrapower Software 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 Gross Profit i.e., Beijing Ultrapower's Gross Profit and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Beijing Ultrapower Software minus its cost of goods sold. It is profit before Beijing Ultrapower operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Beijing Ultrapower Software whose combined shares represent less than 50% of the total outstanding shares issued by Beijing Ultrapower have a minority interest in Beijing Ultrapower.
Most indicators from Beijing Ultrapower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Ultrapower 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 Beijing Ultrapower Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 179.7 M, whereas Selling General Administrative is forecasted to decline to about 103.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.9B3.6B3.8B
Total Revenue4.3B4.8B5.9B6.2B

Beijing Ultrapower fundamental ratios Correlations

0.520.570.810.970.810.510.020.920.610.30.940.340.230.80.880.510.70.66-0.070.80.830.430.880.640.28
0.520.470.850.340.450.230.720.340.26-0.390.670.25-0.410.620.340.650.460.69-0.30.850.150.950.510.04-0.17
0.570.470.60.480.290.070.090.610.180.160.48-0.040.120.60.320.840.390.71-0.160.680.560.230.390.270.42
0.810.850.60.660.610.520.430.620.61-0.10.90.48-0.080.680.640.660.690.68-0.420.990.460.760.840.380.04
0.970.340.480.660.810.45-0.140.940.580.430.870.290.330.750.890.360.630.570.050.640.890.280.830.680.35
0.810.450.290.610.810.610.030.640.30.230.740.120.150.770.910.370.640.480.340.60.710.40.60.540.04
0.510.230.070.520.450.610.170.30.28-0.110.580.2-0.080.460.540.360.760.21-0.060.520.280.140.550.42-0.41
0.020.720.090.43-0.140.030.17-0.1-0.08-0.860.30.04-0.90.32-0.20.460.290.48-0.350.45-0.420.690.15-0.14-0.55
0.920.340.610.620.940.640.3-0.10.50.360.80.170.30.770.710.470.550.66-0.060.630.870.220.760.580.45
0.610.260.180.610.580.30.28-0.080.50.290.640.870.290.090.55-0.010.280.17-0.560.530.40.320.840.50.32
0.3-0.390.16-0.10.430.23-0.11-0.860.360.29-0.010.10.82-0.080.44-0.24-0.14-0.250.37-0.130.71-0.380.110.230.49
0.940.670.480.90.870.740.580.30.80.64-0.010.47-0.030.770.790.540.740.73-0.260.880.590.60.930.60.12
0.340.25-0.040.480.290.120.20.040.170.870.10.470.11-0.160.35-0.10.010.1-0.580.390.050.340.620.180.12
0.23-0.410.12-0.080.330.15-0.08-0.90.30.290.82-0.030.11-0.120.39-0.27-0.13-0.280.15-0.110.57-0.390.120.20.68
0.80.620.60.680.750.770.460.320.770.09-0.080.77-0.16-0.120.650.710.750.790.140.720.630.470.560.440.07
0.880.340.320.640.890.910.54-0.20.710.550.440.790.350.390.650.250.60.40.20.60.790.330.730.640.26
0.510.650.840.660.360.370.360.460.47-0.01-0.240.54-0.1-0.270.710.250.520.82-0.150.760.320.370.340.1-0.02
0.70.460.390.690.630.640.760.290.550.28-0.140.740.01-0.130.750.60.520.43-0.120.70.460.360.690.6-0.15
0.660.690.710.680.570.480.210.480.660.17-0.250.730.1-0.280.790.40.820.43-0.130.740.370.50.50.220.2
-0.07-0.3-0.16-0.420.050.34-0.06-0.35-0.06-0.560.37-0.26-0.580.150.140.2-0.15-0.12-0.13-0.40.24-0.29-0.46-0.02-0.07
0.80.850.680.990.640.60.520.450.630.53-0.130.880.39-0.110.720.60.760.70.74-0.40.460.720.790.350.04
0.830.150.560.460.890.710.28-0.420.870.40.710.590.050.570.630.790.320.460.370.240.460.050.580.540.45
0.430.950.230.760.280.40.140.690.220.32-0.380.60.34-0.390.470.330.370.360.5-0.290.720.050.480.03-0.21
0.880.510.390.840.830.60.550.150.760.840.110.930.620.120.560.730.340.690.5-0.460.790.580.480.650.18
0.640.040.270.380.680.540.42-0.140.580.50.230.60.180.20.440.640.10.60.22-0.020.350.540.030.650.26
0.28-0.170.420.040.350.04-0.41-0.550.450.320.490.120.120.680.070.26-0.02-0.150.2-0.070.040.45-0.210.180.26
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Beijing Ultrapower Account Relationship Matchups

Beijing Ultrapower fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.2B5.2B5.8B6.8B4.7B
Short Long Term Debt Total801.9M306.0M144.5M58.5M67.0M63.7M
Other Current Liab174.2M2.3M12.4M325.8M363.8M196.8M
Total Current Liabilities1.5B1.2B879.9M934.1M979.0M804.3M
Total Stockholder Equity3.7B3.9B4.3B4.8B5.8B3.8B
Property Plant And Equipment Net388.4M376.7M388.6M250.5M364.6M336.0M
Current Deferred Revenue244.2M514.1M415.4M155.9M171.6M264.5M
Net Debt(52.6M)(570.7M)(707.5M)(1.7B)(2.1B)(2.0B)
Retained Earnings1.1B1.3B1.7B2.1B3.0B1.6B
Accounts Payable294.0M386.3M311.2M397.4M385.5M195.3M
Cash854.5M876.7M852.0M1.8B2.1B1.2B
Non Current Assets Total3.3B3.3B3.3B3.1B3.0B2.4B
Non Currrent Assets Other651.5M748.4M787.7M772.6M376.7M256.5M
Cash And Short Term Investments896.2M1.0B968.3M1.9B2.7B2.9B
Net Receivables866.5M678.6M785.3M693.0M894.5M894.7M
Common Stock Shares Outstanding2.0B1.9B1.9B2.0B2.0B2.0B
Liabilities And Stockholders Equity5.3B5.2B5.2B5.8B6.8B4.7B
Non Current Liabilities Total54.3M25.5M34.7M33.9M29.5M28.0M
Inventory222.9M208.4M154.8M163.0M165.7M168.3M
Other Current Assets8.6M5.7M27.9M28.9M8.4M8.0M
Other Stockholder Equity445.3M451.3M452.8M353.7M502.6M659.6M
Total Liab1.5B1.2B914.6M968.1M1.0B874.9M
Total Current Assets2.0B1.9B1.9B2.8B3.8B2.3B
Short Term Debt769.4M306.0M141.0M55.1M58.1M55.2M
Other Liab21.7M25.5M31.2M30.5M35.1M25.4M
Other Assets615.9M646.8M1.0834.8M960.0M1.0B
Property Plant Equipment388.4M376.7M388.6M250.5M288.1M378.7M
Good Will1.6B1.5B1.5B1.5B1.4B1.4B
Intangible Assets423.4M411.1M430.8M365.3M250.2M298.1M
Short Term Investments41.8M145.6M116.3M60.1M607.4M637.7M
Net Tangible Assets1.8B2.0B2.4B3.1B2.8B2.1B
Deferred Long Term Liab49.2M33.2M19.5M71.7M64.5M35.1M
Short Long Term Debt739.3M306.0M137.5M50.0M20.0M19.0M
Non Current Liabilities Other19.9M22.5M18.6M19.0M18.5M16.2M
Net Invested Capital4.5B4.2B4.5B4.9B5.8B4.0B
Net Working Capital512.5M706.3M1.1B1.8B2.8B1.5B

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Other Information on Investing in Beijing Stock

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