Shenzhen Total Operating Expenses vs Minority Interest Analysis

300136 Stock   26.09  0.02  0.08%   
Shenzhen Sunway financial indicator trend analysis is much more than just breaking down Shenzhen Sunway Comm prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Sunway Comm is a good investment. Please check the relationship between Shenzhen Sunway Total Operating Expenses and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Sunway Communication. 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.

Total Operating Expenses vs Minority Interest

Total Operating Expenses vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Sunway Comm Total Operating Expenses account and Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between Shenzhen Sunway's Total Operating Expenses and Minority Interest is -0.71. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Shenzhen Sunway Communication, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunway's Total Operating 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 Total Operating Expenses of Shenzhen Sunway Communication 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 Total Operating Expenses i.e., Shenzhen Sunway's Total Operating Expenses and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative 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 Shenzhen Sunway Communication whose combined shares represent less than 50% of the total outstanding shares issued by Shenzhen Sunway have a minority interest in Shenzhen Sunway.
Most indicators from Shenzhen Sunway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunway Comm 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 Shenzhen Sunway Communication. 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 248.3 M. The current year's Tax Provision is expected to grow to about 62.8 M
 2022 2023 2024 2025 (projected)
Operating Income829.6M701.5M806.7M568.0M
Total Revenue8.6B7.5B8.7B9.1B

Shenzhen Sunway fundamental ratios Correlations

0.20.981.00.990.870.990.970.950.990.910.920.950.920.960.84-0.091.00.990.620.740.990.990.650.810.93
0.20.260.190.170.330.180.190.140.190.190.20.140.310.140.070.010.210.20.470.290.20.250.15-0.290.09
0.980.260.970.960.870.960.970.930.950.870.870.930.930.940.87-0.130.980.990.610.780.960.980.660.760.84
1.00.190.970.990.861.00.960.940.990.930.920.940.910.950.83-0.060.990.990.610.730.990.980.640.810.93
0.990.170.960.990.890.990.970.910.990.910.920.910.90.960.77-0.070.990.980.630.681.00.980.610.780.94
0.870.330.870.860.890.860.850.70.890.70.710.70.940.770.64-0.230.880.850.850.740.90.920.540.640.81
0.990.180.961.00.990.860.950.940.990.940.930.940.890.960.82-0.10.980.980.610.690.990.980.620.80.93
0.970.190.970.960.970.850.950.930.940.870.920.930.880.980.78-0.090.980.980.530.70.970.970.680.740.89
0.950.140.930.940.910.70.940.930.910.890.931.00.790.950.890.00.950.960.420.660.910.930.610.810.89
0.990.190.950.990.990.890.990.940.910.920.910.910.910.940.8-0.070.980.970.650.710.990.980.610.80.94
0.910.190.870.930.910.70.940.870.890.920.950.890.720.930.750.020.890.890.40.520.910.860.520.670.84
0.920.20.870.920.920.710.930.920.930.910.950.930.70.970.750.040.910.910.370.510.920.890.540.670.9
0.950.140.930.940.910.70.940.931.00.910.890.930.790.950.890.00.950.960.420.660.910.930.610.810.89
0.920.310.930.910.90.940.890.880.790.910.720.70.790.80.73-0.210.920.910.820.860.910.940.690.720.81
0.960.140.940.950.960.770.960.980.950.940.930.970.950.80.79-0.030.960.960.420.60.960.940.620.730.89
0.840.070.870.830.770.640.820.780.890.80.750.750.890.730.79-0.130.840.860.410.680.770.830.460.850.7
-0.090.01-0.13-0.06-0.07-0.23-0.1-0.090.0-0.070.020.040.0-0.21-0.03-0.13-0.11-0.1-0.19-0.15-0.07-0.12-0.25-0.16-0.06
1.00.210.980.990.990.880.980.980.950.980.890.910.950.920.960.84-0.111.00.630.740.981.00.650.810.93
0.990.20.990.990.980.850.980.980.960.970.890.910.960.910.960.86-0.11.00.590.750.980.990.670.810.91
0.620.470.610.610.630.850.610.530.420.650.40.370.420.820.420.41-0.190.630.590.710.630.680.390.430.59
0.740.290.780.730.680.740.690.70.660.710.520.510.660.860.60.68-0.150.740.750.710.680.760.790.630.6
0.990.20.960.991.00.90.990.970.910.990.910.920.910.910.960.77-0.070.980.980.630.680.980.620.760.93
0.990.250.980.980.980.920.980.970.930.980.860.890.930.940.940.83-0.121.00.990.680.760.980.620.790.92
0.650.150.660.640.610.540.620.680.610.610.520.540.610.690.620.46-0.250.650.670.390.790.620.620.460.57
0.81-0.290.760.810.780.640.80.740.810.80.670.670.810.720.730.85-0.160.810.810.430.630.760.790.460.81
0.930.090.840.930.940.810.930.890.890.940.840.90.890.810.890.7-0.060.930.910.590.60.930.920.570.81
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Shenzhen Sunway Account Relationship Matchups

Shenzhen Sunway fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.0B12.1B12.2B12.9B14.8B15.5B
Other Current Liab196.0K364.4K350.4M243.4K279.9K265.9K
Total Current Liabilities4.0B4.1B4.8B3.7B4.3B4.5B
Total Stockholder Equity5.5B6.0B6.6B7.0B8.1B8.5B
Property Plant And Equipment Net2.7B3.1B2.9B3.1B3.6B3.8B
Net Debt1.0B1.7B1.3B1.1B1.3B1.3B
Retained Earnings4.0B4.4B4.9B5.4B6.2B6.5B
Accounts Payable2.2B2.2B2.0B1.8B2.0B2.1B
Cash1.8B1.8B1.8B2.0B2.3B2.4B
Non Current Assets Total4.1B5.1B5.1B5.9B6.8B7.1B
Non Currrent Assets Other261.8M276.7M563.1M526.2M605.1M635.4M
Other Assets213.9M1.0371.3M695.4M799.7M839.7M
Cash And Short Term Investments1.8B1.8B1.8B2.0B2.3B2.4B
Net Receivables2.6B2.4B2.5B2.2B2.5B2.7B
Liabilities And Stockholders Equity11.0B12.1B12.2B12.9B14.8B15.5B
Inventory2.2B2.4B2.4B2.2B2.6B2.7B
Other Current Assets306.2M340.1M411.4M428.6M492.9M517.6M
Other Stockholder Equity186.5M252.3M330.7M304.7M350.4M316.0M
Total Liab5.4B6.1B5.5B5.8B6.6B7.0B
Total Current Assets6.8B7.0B7.1B7.0B8.0B8.4B
Intangible Assets315.9M369.5M405.0M451.7M519.4M260.6M
Common Stock975.6M968.6M962.9M967.6M1.1B593.0M
Property Plant Equipment1.6B2.3B2.7B3.1B3.5B3.7B
Short Long Term Debt Total2.8B3.5B3.1B3.1B3.5B3.7B
Other Liab42.4M45.2M82.1M72.5M83.3M43.8M
Current Deferred Revenue388.2M356.3M32.4M476.3M547.7M575.1M
Non Current Liabilities Total1.4B2.0B773.4M2.1B2.4B2.5B
Short Term Debt1.5B1.5B2.4B1.5B1.7B916.7M
Net Tangible Assets2.3B3.3B4.7B5.1B5.9B3.1B
Short Term Investments3.5M(247.6M)5.0M21.8M19.7M20.6M
Deferred Long Term Liab91.8M225.0M238.0M332.3M382.1M401.3M
Long Term Debt1.3B1.8B616.8M1.5B1.7B1.0B
Short Long Term Debt1.5B1.5B1.4B693.3M797.3M1.2B
Net Invested Capital8.3B9.3B8.6B9.2B10.6B8.1B
Net Working Capital2.8B2.9B2.3B3.3B3.7B2.5B

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Other Information on Investing in Shenzhen Stock

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