Dongfeng Minority Interest vs Interest Income Analysis

600006 Stock   7.38  0.31  4.03%   
Dongfeng Automobile financial indicator trend analysis is much more than just examining Dongfeng Automobile latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongfeng Automobile is a good investment. Please check the relationship between Dongfeng Automobile Minority Interest and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongfeng Automobile Co. 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 Interest Income

Minority Interest vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongfeng Automobile Minority Interest account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dongfeng Automobile's Minority Interest and Interest Income is -0.39. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Income in the same time period over historical financial statements of Dongfeng Automobile Co, assuming nothing else is changed. The correlation between historical values of Dongfeng Automobile's Minority Interest and Interest Income 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 Dongfeng Automobile Co are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Minority Interest i.e., Dongfeng Automobile's Minority Interest and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Dongfeng Automobile Co whose combined shares represent less than 50% of the total outstanding shares issued by Dongfeng Automobile have a minority interest in Dongfeng Automobile.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Dongfeng Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongfeng Automobile 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 Dongfeng Automobile Co. 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 2.5 M, whereas Selling General Administrative is forecasted to decline to about 563.5 M.
 2022 2024 2025 (projected)
Other Operating Expenses135.8M122.2M132.0M
Gross Profit1.1B463.0M439.8M

Dongfeng Automobile fundamental ratios Correlations

0.530.970.750.610.690.950.60.640.590.40.740.30.980.440.950.25-0.320.130.24-0.070.080.230.29-0.160.08
0.530.50.130.3-0.030.380.250.480.180.050.370.340.540.10.480.780.430.1-0.26-0.28-0.3-0.33-0.250.5-0.28
0.970.50.620.550.590.990.410.490.720.340.740.180.990.430.890.29-0.260.030.10.050.150.140.25-0.10.16
0.750.130.620.540.950.650.860.690.170.510.610.460.620.330.82-0.35-0.710.370.8-0.170.010.70.61-0.660.07
0.610.30.550.540.570.510.430.350.280.790.190.550.590.620.570.09-0.460.270.3-0.16-0.110.280.36-0.19-0.06
0.69-0.030.590.950.570.630.780.540.230.520.510.270.580.450.72-0.46-0.80.180.75-0.110.140.640.54-0.680.13
0.950.380.990.650.510.630.40.490.750.30.740.140.970.370.880.2-0.310.020.150.110.20.210.3-0.20.24
0.60.250.410.860.430.780.40.74-0.210.410.530.460.440.190.67-0.19-0.50.350.74-0.35-0.080.520.42-0.44-0.28
0.640.480.490.690.350.540.490.740.010.190.640.380.52-0.080.650.14-0.150.290.47-0.60.030.230.32-0.17-0.01
0.590.180.720.170.280.230.75-0.210.010.060.28-0.10.690.360.520.21-0.14-0.19-0.260.40.18-0.05-0.02-0.030.48
0.40.050.340.510.790.520.30.410.190.060.090.650.340.690.43-0.2-0.650.480.49-0.16-0.210.470.61-0.370.11
0.740.370.740.610.190.510.740.530.640.280.090.160.71-0.010.750.19-0.180.160.31-0.190.350.260.38-0.23-0.03
0.30.340.180.460.550.270.140.460.38-0.10.650.160.190.210.47-0.02-0.370.750.51-0.14-0.540.550.49-0.36-0.2
0.980.540.990.620.590.580.970.440.520.690.340.710.190.430.890.35-0.210.030.080.010.130.10.22-0.050.12
0.440.10.430.330.620.450.370.19-0.080.360.69-0.010.210.430.38-0.05-0.490.020.070.010.010.080.1-0.040.05
0.950.480.890.820.570.720.880.670.650.520.430.750.470.890.380.14-0.440.330.4-0.02-0.050.430.39-0.350.05
0.250.780.29-0.350.09-0.460.2-0.190.140.21-0.20.19-0.020.35-0.050.140.73-0.13-0.7-0.15-0.09-0.68-0.480.8-0.27
-0.320.43-0.26-0.71-0.46-0.8-0.31-0.5-0.15-0.14-0.65-0.18-0.37-0.21-0.49-0.440.73-0.28-0.76-0.1-0.07-0.76-0.620.86-0.21
0.130.10.030.370.270.180.020.350.29-0.190.480.160.750.030.020.33-0.13-0.280.58-0.17-0.310.70.72-0.4-0.07
0.24-0.260.10.80.30.750.150.740.47-0.260.490.310.510.080.070.4-0.7-0.760.58-0.23-0.040.90.79-0.850.06
-0.07-0.280.05-0.17-0.16-0.110.11-0.35-0.60.4-0.16-0.19-0.140.010.01-0.02-0.15-0.1-0.17-0.23-0.260.13-0.16-0.180.12
0.08-0.30.150.01-0.110.140.2-0.080.030.18-0.210.35-0.540.130.01-0.05-0.09-0.07-0.31-0.04-0.26-0.130.080.010.04
0.23-0.330.140.70.280.640.210.520.23-0.050.470.260.550.10.080.43-0.68-0.760.70.90.13-0.130.84-0.910.13
0.29-0.250.250.610.360.540.30.420.32-0.020.610.380.490.220.10.39-0.48-0.620.720.79-0.160.080.84-0.710.28
-0.160.5-0.1-0.66-0.19-0.68-0.2-0.44-0.17-0.03-0.37-0.23-0.36-0.05-0.04-0.350.80.86-0.4-0.85-0.180.01-0.91-0.71-0.27
0.08-0.280.160.07-0.060.130.24-0.28-0.010.480.11-0.03-0.20.120.050.05-0.27-0.21-0.070.060.120.040.130.28-0.27
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Dongfeng Automobile Account Relationship Matchups

Dongfeng Automobile fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets20.2B19.9B17.7B19.2B22.0B16.5B
Other Current Liab972.4M945.6M1.1B1.6B1.9B1.4B
Total Current Liabilities11.3B10.7B8.3B9.7B11.2B8.8B
Total Stockholder Equity7.8B8.0B8.2B8.3B9.6B6.4B
Other Liab540.5M612.8M662.7M675.3M776.6M815.4M
Retained Earnings5.2B5.4B5.6B4.7B5.4B3.2B
Accounts Payable9.5B8.6B6.5B7.8B9.0B7.0B
Cash5.5B5.8B6.2B5.7B6.6B4.0B
Other Assets520.8M570.9M591.9M655.1M753.3M487.2M
Net Receivables4.7B3.6B3.7B3.7B4.3B4.9B
Inventory2.5B2.3B1.5B2.0B2.3B1.9B
Other Current Assets145.8M247.4M498.1M1.1B1.2B1.3B
Total Liab12.1B11.6B9.2B10.6B12.2B9.4B
Intangible Assets398.6M387.4M383.8M424.5M488.2M276.1M
Property Plant Equipment2.0B2.2B2.1B1.9B2.2B3.0B
Net Tangible Assets7.0B7.4B7.6B7.8B9.0B7.4B
Other Stockholder Equity16.6M16.7M15.9M14.3M12.9M22.0M
Deferred Long Term Liab13.5M14.2M4.6M1.0M1.2M1.1M
Total Current Assets15.4B15.2B13.3B14.6B16.8B15.8B
Non Current Assets Total4.8B4.7B4.4B4.6B4.1B3.8B
Non Currrent Assets Other(648.7K)(760.3K)83.3M94.4M85.0M80.7M
Non Current Liabilities Total791.1M845.8M854.8M845.1M760.6M639.4M
Non Current Liabilities Other299.1M361.9M380.2M394.4M453.5M310.0M
Net Invested Capital7.8B8.0B8.2B8.3B9.6B8.4B
Net Working Capital4.1B4.4B5.0B4.9B5.6B4.6B
Property Plant And Equipment Net2.2B2.1B1.9B2.0B1.8B1.6B
Property Plant And Equipment Gross4.5B4.6B1.9B4.8B4.3B3.2B

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Other Information on Investing in Dongfeng Stock

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