Hainan Total Revenue vs Minority Interest Analysis

600221 Stock   1.98  0.01  0.50%   
Hainan Airlines financial indicator trend analysis is much more than just examining Hainan Airlines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Airlines is a good investment. Please check the relationship between Hainan Airlines Total Revenue and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Airlines 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 nation.

Total Revenue vs Minority Interest

Total Revenue vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Airlines Total Revenue account and Minority Interest. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hainan Airlines' Total Revenue and Minority Interest is 0.66. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Hainan Airlines Co, assuming nothing else is changed. The correlation between historical values of Hainan Airlines' Total 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 Total Revenue of Hainan Airlines Co 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 Revenue i.e., Hainan Airlines' Total Revenue and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Hainan Airlines generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 Hainan Airlines Co whose combined shares represent less than 50% of the total outstanding shares issued by Hainan Airlines have a minority interest in Hainan Airlines.
Most indicators from Hainan Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Airlines 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 Hainan Airlines 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 nation.
The current year's Selling General Administrative is expected to grow to about 2 B, whereas Tax Provision is forecasted to decline to (796.6 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses571.4M357.0M410.6M806.6M
Minority Interest673.7M1.2B83.1M79.0M

Hainan Airlines fundamental ratios Correlations

0.250.670.460.490.050.390.590.850.130.470.080.690.820.370.230.610.320.290.170.060.770.530.13-0.210.61
0.250.73-0.490.1-0.220.5-0.210.090.24-0.050.19-0.080.580.07-0.1-0.120.280.32-0.55-0.50.26-0.320.04-0.430.6
0.670.730.020.260.030.550.280.57-0.210.540.110.420.710.08-0.070.090.480.29-0.11-0.080.640.260.38-0.680.91
0.46-0.490.02-0.180.75-0.270.80.67-0.240.43-0.60.47-0.12-0.31-0.320.090.05-0.510.930.830.180.830.61-0.30.26
0.490.10.26-0.18-0.710.25-0.180.240.160.270.820.20.620.910.870.810.150.83-0.46-0.540.63-0.15-0.550.35-0.02
0.05-0.220.030.75-0.71-0.290.60.33-0.320.27-0.890.11-0.4-0.81-0.85-0.530.13-0.80.880.86-0.220.660.87-0.60.37
0.390.50.55-0.270.25-0.290.150.330.210.080.230.260.620.140.170.210.260.4-0.38-0.330.4-0.02-0.09-0.10.4
0.59-0.210.280.8-0.180.60.150.78-0.110.27-0.590.630.14-0.26-0.250.21-0.07-0.520.70.70.370.750.59-0.410.44
0.850.090.570.670.240.330.330.78-0.020.46-0.280.670.520.060.020.390.09-0.060.450.440.580.610.44-0.410.6
0.130.24-0.21-0.240.16-0.320.21-0.11-0.02-0.660.08-0.170.330.350.290.4-0.20.17-0.42-0.49-0.11-0.42-0.530.5-0.33
0.47-0.050.540.430.270.270.080.270.46-0.660.090.360.250.01-0.080.040.680.220.370.310.420.580.46-0.480.55
0.080.190.11-0.60.82-0.890.23-0.59-0.280.080.09-0.090.450.820.810.530.180.91-0.73-0.810.42-0.42-0.740.49-0.18
0.69-0.080.420.470.20.110.260.630.67-0.170.36-0.090.490.160.180.440.110.060.270.280.450.490.18-0.180.36
0.820.580.71-0.120.62-0.40.620.140.520.330.250.450.490.580.430.60.350.66-0.4-0.460.680.07-0.26-0.020.49
0.370.070.08-0.310.91-0.810.14-0.260.060.350.010.820.160.580.940.84-0.030.78-0.58-0.630.5-0.3-0.720.53-0.21
0.23-0.1-0.07-0.320.87-0.850.17-0.250.020.29-0.080.810.180.430.940.85-0.170.72-0.55-0.590.42-0.36-0.770.63-0.37
0.61-0.120.090.090.81-0.530.210.210.390.40.040.530.440.60.840.85-0.070.51-0.24-0.340.60.0-0.520.46-0.14
0.320.280.480.050.150.130.26-0.070.09-0.20.680.180.110.35-0.03-0.17-0.070.39-0.02-0.160.10.160.18-0.310.39
0.290.320.29-0.510.83-0.80.4-0.52-0.060.170.220.910.060.660.780.720.510.39-0.7-0.780.4-0.34-0.670.4-0.03
0.17-0.55-0.110.93-0.460.88-0.380.70.45-0.420.37-0.730.27-0.4-0.58-0.55-0.24-0.02-0.70.94-0.030.810.72-0.360.21
0.06-0.5-0.080.83-0.540.86-0.330.70.44-0.490.31-0.810.28-0.46-0.63-0.59-0.34-0.16-0.780.94-0.110.720.8-0.480.24
0.770.260.640.180.63-0.220.40.370.58-0.110.420.420.450.680.50.420.60.10.4-0.03-0.110.420.0-0.150.59
0.53-0.320.260.83-0.150.66-0.020.750.61-0.420.58-0.420.490.07-0.3-0.360.00.16-0.340.810.720.420.6-0.350.52
0.130.040.380.61-0.550.87-0.090.590.44-0.530.46-0.740.18-0.26-0.72-0.77-0.520.18-0.670.720.80.00.6-0.890.64
-0.21-0.43-0.68-0.30.35-0.6-0.1-0.41-0.410.5-0.480.49-0.18-0.020.530.630.46-0.310.4-0.36-0.48-0.15-0.35-0.89-0.81
0.610.60.910.26-0.020.370.40.440.6-0.330.55-0.180.360.49-0.21-0.37-0.140.39-0.030.210.240.590.520.64-0.81
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Hainan Airlines Account Relationship Matchups

Hainan Airlines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets196.5B164.6B143.3B138.1B134.0B102.2B
Other Current Liab8.7B112.3B6.0B4.7B133.0M126.4M
Total Current Liabilities130.7B178.9B23.1B30.8B32.9B43.7B
Total Stockholder Equity52.2B(28.4B)8.5B1.2B2.3B2.2B
Other Liab10.9B8.0B9.2B10.7B12.3B13.0B
Retained Earnings12.7B(51.7B)(49.3B)(74.2B)(76.5B)(72.7B)
Accounts Payable8.5B14.6B4.7B7.6B11.6B6.1B
Cash20.1B8.2B8.8B10.6B8.9B14.8B
Other Assets19.8B13.9B5.7B12.1B14.0B9.9B
Long Term Debt4.7B3.1B48.7B46.6B45.6B27.4B
Net Receivables29.8B2.4B2.1B1.1B2.6B4.1B
Inventory1.0B1.1B1.5B1.3B1.5B1.6B
Other Current Assets2.4B1.4B1.6B2.1B1.9B1.5B
Total Liab134.4B186.8B132.3B137.7B132.5B81.2B
Intangible Assets792.7M888.6M1.3B1.6B1.6B1.6B
Property Plant Equipment67.9B56.5B97.7B89.5B102.9B108.0B
Short Term Investments10.2B4.6B5.2B277.8M442.3M420.2M
Net Tangible Assets49.9B(30.1B)6.4B(1.2B)(1.1B)(1.1B)
Other Stockholder Equity4.3B(11.5B)(10.1B)(5.3B)(4.8B)(4.5B)
Deferred Long Term Liab1.4B1.4B1.2B1.0B1.2B1.4B
Non Current Assets Total146.3B98.3B113.3B115.5B106.9B100.3B
Non Currrent Assets Other11.1B7.4B1.7B1.9B2.7B5.4B
Non Current Liabilities Total14.2B8.0B109.2B106.8B99.5B62.0B
Short Long Term Debt30.8B28.7B35.1B79.6M1.6B1.5B
Total Current Assets63.6B66.3B30.0B22.6B27.1B33.7B
Non Current Liabilities Other6.3B7.7B8.9B9.7B10.0B5.9B
Net Invested Capital83.3B6.8B57.2B47.9B49.5B51.7B
Net Working Capital(70.0B)(112.6B)6.9B(8.3B)(5.8B)(6.1B)

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Other Information on Investing in Hainan Stock

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