Sinosun Cost Of Revenue vs Minority Interest Analysis

300333 Stock   14.98  2.33  13.46%   
Sinosun Tech financial indicator trend analysis is much more than just breaking down Sinosun Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinosun Tech is a good investment. Please check the relationship between Sinosun Tech Cost Of Revenue and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinosun Tech. 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.

Cost Of Revenue vs Minority Interest

Cost Of Revenue vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinosun Tech Cost Of Revenue account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sinosun Tech's Cost Of Revenue and Minority Interest is -0.13. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Sinosun Tech, assuming nothing else is changed. The correlation between historical values of Sinosun Tech's Cost Of Revenue 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 Cost Of Revenue of Sinosun Tech 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 Cost Of Revenue i.e., Sinosun Tech's Cost Of Revenue and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Sinosun Tech income statement and represents the costs associated with goods and services Sinosun Tech provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Sinosun Tech whose combined shares represent less than 50% of the total outstanding shares issued by Sinosun Tech have a minority interest in Sinosun Tech.
Most indicators from Sinosun Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinosun Tech 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 Sinosun Tech. 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 5.5 M. The current year's Tax Provision is expected to grow to about 13.2 M
 2022 2023 2024 2025 (projected)
Gross Profit71.7M81.2M73.1M96.4M
Total Revenue142.4M144.5M166.2M203.3M

Sinosun Tech fundamental ratios Correlations

0.520.661.00.69-0.510.170.110.50.510.380.380.560.42-0.040.780.650.180.820.660.730.560.570.69-0.16-0.22
0.520.830.490.43-0.450.720.280.460.180.20.690.440.120.50.110.490.290.180.830.450.810.310.410.360.11
0.660.830.620.57-0.260.320.40.250.40.220.620.260.230.020.430.690.320.31.00.430.720.510.56-0.1-0.25
1.00.490.620.69-0.520.160.090.510.510.380.360.570.42-0.040.790.630.170.840.620.740.540.560.68-0.16-0.21
0.690.430.570.69-0.040.01-0.180.030.750.480.290.070.25-0.060.760.510.260.320.570.20.570.831.0-0.29-0.33
-0.51-0.45-0.26-0.52-0.04-0.65-0.44-1.00.390.38-0.12-0.990.11-0.4-0.040.010.19-0.68-0.25-0.89-0.230.32-0.02-0.64-0.6
0.170.720.320.160.01-0.650.260.66-0.39-0.130.490.6-0.230.63-0.340.050.170.040.320.510.59-0.24-0.020.850.69
0.110.280.40.09-0.18-0.440.260.44-0.33-0.550.170.39-0.10.12-0.07-0.010.00.250.40.390.14-0.34-0.190.260.25
0.50.460.250.510.03-1.00.660.44-0.39-0.370.120.99-0.110.420.03-0.01-0.190.680.250.890.23-0.320.020.650.61
0.510.180.40.510.750.39-0.39-0.33-0.390.710.21-0.330.59-0.160.770.670.210.150.41-0.210.40.950.76-0.7-0.78
0.380.20.220.380.480.38-0.13-0.55-0.370.710.41-0.290.41-0.070.460.50.420.050.22-0.130.370.690.48-0.41-0.55
0.380.690.620.360.29-0.120.490.170.120.210.410.10.050.280.150.340.760.090.620.270.690.320.280.180.0
0.560.440.260.570.07-0.990.60.390.99-0.33-0.290.1-0.030.390.10.03-0.240.740.250.90.2-0.270.050.590.52
0.420.120.230.420.250.11-0.23-0.1-0.110.590.410.05-0.03-0.080.50.62-0.160.290.240.010.20.450.26-0.5-0.71
-0.040.50.02-0.04-0.06-0.40.630.120.42-0.16-0.070.280.39-0.08-0.37-0.110.02-0.040.020.090.33-0.14-0.060.70.43
0.780.110.430.790.76-0.04-0.34-0.070.030.770.460.150.10.5-0.370.580.130.640.430.280.270.720.77-0.6-0.55
0.650.490.690.630.510.010.05-0.01-0.010.670.50.340.030.62-0.110.580.180.290.690.210.670.680.51-0.42-0.52
0.180.290.320.170.260.190.170.0-0.190.210.420.76-0.24-0.160.020.130.18-0.060.320.040.510.350.25-0.04-0.01
0.820.180.30.840.32-0.680.040.250.680.150.050.090.740.29-0.040.640.29-0.060.30.820.10.120.32-0.04-0.01
0.660.831.00.620.57-0.250.320.40.250.410.220.620.250.240.020.430.690.320.30.430.720.510.56-0.1-0.25
0.730.450.430.740.2-0.890.510.390.89-0.21-0.130.270.90.010.090.280.210.040.820.430.32-0.110.180.370.37
0.560.810.720.540.57-0.230.590.140.230.40.370.690.20.20.330.270.670.510.10.720.320.540.550.160.02
0.570.310.510.560.830.32-0.24-0.34-0.320.950.690.32-0.270.45-0.140.720.680.350.120.51-0.110.540.84-0.6-0.66
0.690.410.560.681.0-0.02-0.02-0.190.020.760.480.280.050.26-0.060.770.510.250.320.560.180.550.84-0.31-0.34
-0.160.36-0.1-0.16-0.29-0.640.850.260.65-0.7-0.410.180.59-0.50.7-0.6-0.42-0.04-0.04-0.10.370.16-0.6-0.310.89
-0.220.11-0.25-0.21-0.33-0.60.690.250.61-0.78-0.550.00.52-0.710.43-0.55-0.52-0.01-0.01-0.250.370.02-0.66-0.340.89
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Sinosun Tech Account Relationship Matchups

Sinosun Tech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets871.6M883.7M728.3M662.5M761.9M781.7M
Other Current Liab53.7M43.2M17.9M312.5K359.3K341.4K
Total Current Liabilities63.7M44.5M21.3M22.5M25.9M36.1M
Total Stockholder Equity804.2M830.7M703.1M634.5M729.7M739.3M
Property Plant And Equipment Net103.6M100.5M98.2M93.3M107.3M86.4M
Net Debt(400.4M)(256.0M)(126.3M)(60.6M)(69.7M)(73.2M)
Retained Earnings45.5M72.1M(55.6M)(124.1M)(111.7M)(106.1M)
Accounts Payable10.0M1.2M260.9K2.8M2.5M3.8M
Cash400.4M256.0M127.5M61.0M54.9M52.1M
Non Current Assets Total367.4M415.2M427.2M428.7M493.0M259.7M
Non Currrent Assets Other1.0M178.4M147.5M64.4M74.1M69.5M
Other Assets115.8M1.079.8M78.7M1.151.09
Cash And Short Term Investments400.4M366.1M208.7M134.9M121.4M115.4M
Net Receivables31.2M31.2M30.0M21.1M24.3M20.6M
Liabilities And Stockholders Equity871.6M883.7M728.3M662.5M761.9M781.7M
Inventory55.3M61.5M39.2M43.6M50.1M47.7M
Other Current Assets17.4M9.7M23.2M26.4M30.4M45.6M
Total Liab63.7M44.5M21.7M22.5M25.9M36.1M
Total Current Assets504.2M468.5M301.1M233.9M268.9M521.9M
Intangible Assets69.0M59.5M8.5M1.6M1.8M1.7M
Property Plant Equipment107.5M103.6M100.5M98.2M112.9M85.3M
Net Tangible Assets767.7M728.3M764.4M687.8M619.0M614.9M
Deferred Long Term Liab33.5M1.0M1.0M979.9K881.9K837.8K
Short Term Investments10M110.1M81.2M74.0M66.6M58.5M
Net Invested Capital804.2M830.7M703.1M634.5M571.1M628.4M
Net Working Capital440.6M424.1M279.8M211.3M190.2M328.7M
Current Deferred Revenue1.4M3.3M2.3M19.1M22.0M23.1M
Property Plant And Equipment Gross134.0M134.0M98.2M134.2M120.8M101.5M
Short Term Debt(1.4M)(3.3M)883.0K343.1K394.6K414.3K

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Other Information on Investing in Sinosun Stock

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