Chinese Minority Interest vs Selling General Administrative Analysis

600373 Stock   12.60  0.07  0.56%   
Chinese Universe financial indicator trend analysis is way more than just evaluating Chinese Universe Pub prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chinese Universe Pub is a good investment. Please check the relationship between Chinese Universe Minority Interest and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chinese Universe Publishing. 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.

Minority Interest vs Selling General Administrative

Minority Interest vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chinese Universe Pub Minority Interest account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chinese Universe's Minority Interest and Selling General Administrative is 0.71. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Chinese Universe Publishing, assuming nothing else is changed. The correlation between historical values of Chinese Universe's Minority Interest and Selling General Administrative 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 Chinese Universe Publishing are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Minority Interest i.e., Chinese Universe's Minority Interest and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Chinese Universe Publishing whose combined shares represent less than 50% of the total outstanding shares issued by Chinese Universe have a minority interest in Chinese Universe.

Selling General Administrative

Most indicators from Chinese Universe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chinese Universe Pub 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 Chinese Universe Publishing. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 778.2 M. The current year's Tax Provision is expected to grow to about (233.4 M)
 2021 2022 2023 2024 (projected)
Operating Income1.3B1.3B1.5B812.3M
Total Revenue10.7B10.2B10.1B6.8B

Chinese Universe fundamental ratios Correlations

0.260.971.00.960.360.960.70.530.7-0.110.990.590.920.52-0.080.730.810.880.850.240.690.850.850.72-0.58
0.260.350.210.090.370.210.630.220.750.570.340.660.37-0.130.36-0.40.540.350.010.07-0.40.290.03-0.30.44
0.970.350.940.880.440.890.730.380.780.090.990.610.910.540.040.610.80.820.770.120.60.810.790.62-0.49
1.00.210.940.970.30.970.690.530.66-0.190.970.570.90.49-0.130.770.790.880.880.250.710.870.870.75-0.59
0.960.090.880.970.180.980.620.540.55-0.310.910.460.790.44-0.330.830.680.810.940.250.770.850.940.83-0.66
0.360.370.440.30.180.270.310.370.550.230.440.240.410.70.470.080.470.190.220.120.130.120.160.24-0.18
0.960.210.890.970.980.270.640.580.6-0.280.920.510.810.45-0.30.760.730.810.90.320.690.810.90.79-0.57
0.70.630.730.690.620.310.640.310.80.140.710.660.690.130.130.180.770.750.590.170.130.860.530.230.02
0.530.220.380.530.540.370.580.310.32-0.20.520.20.380.4-0.180.480.460.470.570.420.460.420.570.49-0.47
0.70.750.780.660.550.550.60.80.320.40.750.850.810.250.280.120.80.650.470.090.090.620.460.190.0
-0.110.570.09-0.19-0.310.23-0.280.14-0.20.40.030.290.05-0.070.49-0.550.11-0.07-0.37-0.25-0.41-0.15-0.27-0.530.41
0.990.340.990.970.910.440.920.710.520.750.030.60.920.570.020.660.830.850.80.20.650.820.810.66-0.55
0.590.660.610.570.460.240.510.660.20.850.290.60.8-0.090.250.070.780.720.340.150.050.570.310.080.05
0.920.370.910.90.790.410.810.690.380.810.050.920.80.440.190.550.850.870.640.220.520.760.620.49-0.4
0.52-0.130.540.490.440.70.450.130.40.25-0.070.57-0.090.440.20.580.250.190.380.110.590.210.40.53-0.59
-0.080.360.04-0.13-0.330.47-0.30.13-0.180.280.490.020.250.190.2-0.410.220.07-0.45-0.29-0.37-0.16-0.47-0.490.32
0.73-0.40.610.770.830.080.760.180.480.12-0.550.660.070.550.58-0.410.340.520.80.270.930.560.80.9-0.86
0.810.540.80.790.680.470.730.770.460.80.110.830.780.850.250.220.340.90.630.180.320.750.570.4-0.22
0.880.350.820.880.810.190.810.750.470.65-0.070.850.720.870.190.070.520.90.710.240.490.860.670.5-0.36
0.850.010.770.880.940.220.90.590.570.47-0.370.80.340.640.38-0.450.80.630.710.220.740.820.970.89-0.66
0.240.070.120.250.250.120.320.170.420.09-0.250.20.150.220.11-0.290.270.180.240.220.330.250.150.26-0.16
0.69-0.40.60.710.770.130.690.130.460.09-0.410.650.050.520.59-0.370.930.320.490.740.330.540.750.89-0.95
0.850.290.810.870.850.120.810.860.420.62-0.150.820.570.760.21-0.160.560.750.860.820.250.540.770.57-0.4
0.850.030.790.870.940.160.90.530.570.46-0.270.810.310.620.4-0.470.80.570.670.970.150.750.770.87-0.67
0.72-0.30.620.750.830.240.790.230.490.19-0.530.660.080.490.53-0.490.90.40.50.890.260.890.570.87-0.86
-0.580.44-0.49-0.59-0.66-0.18-0.570.02-0.470.00.41-0.550.05-0.4-0.590.32-0.86-0.22-0.36-0.66-0.16-0.95-0.4-0.67-0.86
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Chinese Universe Account Relationship Matchups

Chinese Universe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.8B24.4B26.6B28.7B29.3B30.8B
Other Current Liab2.8B2.5B2.6B2.5B12.5M11.9M
Total Current Liabilities6.6B6.7B8.6B8.1B8.5B8.9B
Total Stockholder Equity14.0B15.2B16.5B17.5B18.4B19.4B
Retained Earnings7.5B8.6B9.9B10.9B11.1B11.7B
Accounts Payable1.7B1.7B2.3B2.6B2.6B1.4B
Cash9.0B12.0B13.2B13.2B12.3B12.9B
Other Assets1.2B1.1B1.2B843.6M970.1M581.5M
Inventory1.2B1.1B1.2B1.1B959.9M714.2M
Other Current Assets1.5B812.8M844.5M743.5M111.8M106.2M
Total Liab8.6B9.0B9.9B11.0B10.7B11.2B
Intangible Assets898.0M866.3M785.0M680.1M619.2M413.0M
Property Plant Equipment1.5B1.5B1.6B2.2B2.5B2.7B
Net Receivables1.4B707.9M757.4M802.9M799.8M949.9M
Short Term Investments2.0B1.3B1.3B3.0B4.7B5.0B
Other Liab949.1M948.9M1.0B993.0M1.1B609.9M
Net Tangible Assets10.7B11.9B13.2B14.4B16.5B11.4B
Deferred Long Term Liab47.5M42.5M50.9M102.7M118.0M124.0M
Total Current Assets15.2B16.4B17.7B19.2B19.3B17.1B
Non Current Assets Total7.6B8.0B8.9B9.5B10.0B9.1B
Non Currrent Assets Other524.0M523.9M496.5M7.4M44.1M41.9M
Non Current Liabilities Total1.9B2.3B1.3B3.0B2.2B2.0B
Short Long Term Debt970M210.3M380.3M1.3B2.6B2.8B
Non Current Liabilities Other327.6M332.4M303.3M2.7M1.4M1.3M
Net Invested Capital16.0B16.7B17.0B20.7B22.1B19.0B
Net Working Capital8.5B9.7B9.1B11.1B10.7B9.8B

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Other Information on Investing in Chinese Stock

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