600389 Stock | | | 15.70 0.24 1.51% |
Nantong Jiangshan financial indicator trend analysis is infinitely more than just investigating Nantong Jiangshan recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nantong Jiangshan is a good investment. Please check the relationship between Nantong Jiangshan Minority Interest and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nantong Jiangshan Agrochemical. 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 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
Nantong Jiangshan Minority Interest account and
Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nantong Jiangshan's Minority Interest and Interest Income is -0.54. 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 Nantong Jiangshan Agrochemical, assuming nothing else is changed. The correlation between historical values of Nantong Jiangshan'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 Nantong Jiangshan Agrochemical 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., Nantong Jiangshan's Minority Interest and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very 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 Nantong Jiangshan Agrochemical whose combined shares represent less than 50% of the total outstanding shares issued by Nantong Jiangshan have a minority interest in Nantong Jiangshan.
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 Nantong Jiangshan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nantong Jiangshan 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 Nantong Jiangshan Agrochemical. 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 110.8
M, whereas
Tax Provision is forecasted to decline to about 53.8
M.
Nantong Jiangshan fundamental ratios Correlations
Click cells to compare fundamentals
Nantong Jiangshan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nantong Jiangshan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Nantong Stock
Balance Sheet is a snapshot of the
financial position of Nantong Jiangshan at a specified time, usually calculated after every quarter, six months, or one year. Nantong Jiangshan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nantong Jiangshan 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 Nantong currently owns. An asset can also be divided into two categories, current and non-current.