300002 Stock | | | 12.79 0.19 1.51% |
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 Selling And Marketing Expenses 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.
Selling And Marketing Expenses vs Minority Interest
Selling And Marketing Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Ultrapower Selling And Marketing Expenses account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Ultrapower's Selling And Marketing Expenses and Minority Interest is -0.47. Overlapping area represents the amount of variation of Selling And Marketing Expenses 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 Selling And Marketing Expenses 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 And Marketing Expenses 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 Selling And Marketing Expenses i.e., Beijing Ultrapower's Selling And Marketing Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling And Marketing Expenses
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.
Beijing Ultrapower fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Ultrapower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Ultrapower fundamental ratios Accounts
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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.