Beijing Minority Interest vs Gross Profit Analysis

300803 Stock   94.07  1.08  1.14%   
Beijing Compass financial indicator trend analysis is way more than just evaluating Beijing Compass Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Compass Tech is a good investment. Please check the relationship between Beijing Compass Minority Interest and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Compass Technology. 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.

Minority Interest vs Gross Profit

Minority Interest vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Compass Tech Minority Interest account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Beijing Compass' Minority Interest and Gross Profit is 0.33. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Beijing Compass Technology, assuming nothing else is changed. The correlation between historical values of Beijing Compass' Minority Interest and Gross Profit 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 Beijing Compass Technology are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., Beijing Compass' Minority Interest and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

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 Compass Technology whose combined shares represent less than 50% of the total outstanding shares issued by Beijing Compass have a minority interest in Beijing Compass.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Beijing Compass Technology minus its cost of goods sold. It is profit before Beijing Compass 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.
Most indicators from Beijing Compass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Compass 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 Beijing Compass Technology. 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 (9.4 M). In addition to that, Selling General Administrative is expected to decline to about 466.1 M
 2021 2022 2023 2024 (projected)
Gross Profit821.5M1.1B971.9M773.4M
Total Revenue932.4M1.3B1.1B884.7M

Beijing Compass fundamental ratios Correlations

-0.380.960.950.78-0.870.970.420.940.980.740.320.990.950.670.360.180.920.980.990.950.560.690.670.590.94
-0.38-0.33-0.3-0.050.25-0.330.31-0.32-0.37-0.260.15-0.37-0.46-0.41-0.190.29-0.47-0.4-0.37-0.390.16-0.38-0.370.29-0.59
0.96-0.330.830.65-0.780.870.430.860.970.840.410.920.980.530.250.090.820.990.930.990.370.660.640.50.84
0.95-0.30.830.89-0.90.990.40.950.890.570.180.970.810.740.410.350.950.880.960.80.750.630.620.680.91
0.78-0.050.650.89-0.770.870.360.80.740.33-0.060.80.590.660.360.440.780.690.790.590.860.50.50.670.72
-0.870.25-0.78-0.9-0.77-0.88-0.41-0.98-0.76-0.73-0.22-0.93-0.8-0.54-0.2-0.19-0.87-0.82-0.92-0.74-0.64-0.31-0.29-0.67-0.85
0.97-0.330.870.990.87-0.880.390.940.920.610.210.980.840.750.420.290.930.910.970.850.70.680.660.650.93
0.420.310.430.40.36-0.410.390.410.420.390.440.420.360.240.420.120.310.410.420.390.50.330.320.540.29
0.94-0.320.860.950.8-0.980.940.410.850.740.260.980.870.620.280.190.920.90.980.830.620.450.440.670.91
0.98-0.370.970.890.74-0.760.920.420.850.710.330.930.940.650.360.140.860.980.940.970.480.780.760.510.89
0.74-0.260.840.570.33-0.730.610.390.740.710.430.720.870.16-0.1-0.110.60.810.740.840.070.220.20.320.63
0.320.150.410.18-0.06-0.220.210.440.260.330.430.290.360.030.14-0.160.110.380.30.430.030.270.270.580.21
0.99-0.370.920.970.8-0.930.980.420.980.930.720.290.910.690.360.180.940.951.00.890.610.610.60.640.95
0.95-0.460.980.810.59-0.80.840.360.870.940.870.360.910.510.210.00.830.980.930.980.290.590.570.410.87
0.67-0.410.530.740.66-0.540.750.240.620.650.160.030.690.510.840.140.670.60.670.530.590.750.750.410.76
0.36-0.190.250.410.36-0.20.420.420.280.36-0.10.140.360.210.840.050.360.310.340.250.430.660.680.30.44
0.180.290.090.350.44-0.190.290.120.190.14-0.11-0.160.180.00.140.050.350.070.20.010.540.130.130.330.01
0.92-0.470.820.950.78-0.870.930.310.920.860.60.110.940.830.670.360.350.870.940.790.60.60.590.510.92
0.98-0.40.990.880.69-0.820.910.410.90.980.810.380.950.980.60.310.070.870.960.990.420.690.670.510.91
0.99-0.370.930.960.79-0.920.970.420.980.940.740.31.00.930.670.340.20.940.960.910.590.620.60.620.94
0.95-0.390.990.80.59-0.740.850.390.830.970.840.430.890.980.530.250.010.790.990.910.310.690.670.440.85
0.560.160.370.750.86-0.640.70.50.620.480.070.030.610.290.590.430.540.60.420.590.310.410.40.770.52
0.69-0.380.660.630.5-0.310.680.330.450.780.220.270.610.590.750.660.130.60.690.620.690.411.00.30.67
0.67-0.370.640.620.5-0.290.660.320.440.760.20.270.60.570.750.680.130.590.670.60.670.41.00.290.66
0.590.290.50.680.67-0.670.650.540.670.510.320.580.640.410.410.30.330.510.510.620.440.770.30.290.49
0.94-0.590.840.910.72-0.850.930.290.910.890.630.210.950.870.760.440.010.920.910.940.850.520.670.660.49
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Beijing Compass Account Relationship Matchups

Beijing Compass fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B2.0B4.3B5.4B5.7B
Other Current Liab286.3M78.1M600.5K8.4M8.8M8.4M
Total Current Liabilities414.4M141.0M262.4M1.9B2.9B3.0B
Total Stockholder Equity1.1B1.1B1.3B1.7B1.9B2.0B
Property Plant And Equipment Net342.7M336.0M330.5M424.8M418.2M439.1M
Net Debt(895.3M)(1.2B)(1.5B)(650.9M)(2.3B)(2.2B)
Retained Earnings370.3M397.3M540.2M849.3M916.1M961.9M
Accounts Payable36.8M33.4M37.6M46.5M60.5M40.4M
Cash925.3M1.2B1.6B1.2B2.6B2.7B
Non Current Assets Total360.5M355.0M350.7M1.9B1.9B2.0B
Non Currrent Assets Other712.8K3.7M241.9K1.3M410.1M430.6M
Other Assets15.8M17.7M16.9M117.8M135.5M142.2M
Cash And Short Term Investments925.3M1.2B1.6B2.1B3.0B3.1B
Net Receivables21.3M19.2M68.5M260.2M513.4M539.1M
Liabilities And Stockholders Equity1.5B1.6B2.0B4.3B5.4B5.7B
Inventory427.2K272.5K1.0M1.1M485.8K500.4K
Other Current Assets198.9M35.9M17.8M59.4M28.4M21.2M
Other Stockholder Equity59.8M246.2M244.5M319.1M391.5M411.0M
Total Liab417.1M519.5M763.5M2.6B3.6B3.8B
Total Current Assets1.1B1.3B1.7B2.4B3.5B3.7B
Intangible Assets1.9M1.4M3.3M43.4M60.4M63.4M
Other Liab2.8M378.6M500.1M629.1M723.5M759.7M
Net Tangible Assets1.1B1.1B1.3B371.2M426.8M751.6M
Non Current Liabilities Total2.8M378.6M501.1M654.8M694.3M729.0M
Deferred Long Term Liab3.9M3.7M1.7M5.0M4.5M3.3M
Property Plant Equipment342.7M336.0M330.5M424.8M488.5M300.7M
Net Invested Capital1.1B1.1B1.4B2.2B2.1B1.4B
Net Working Capital731.6M1.1B1.4B463.5M613.1M753.4M

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Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing Compass Tech at a specified time, usually calculated after every quarter, six months, or one year. Beijing Compass Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Compass 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.