Beijing Minority Interest vs Ebit Analysis

600429 Stock   4.69  0.09  1.96%   
Beijing Sanyuan financial indicator trend analysis is way more than just evaluating Beijing Sanyuan Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Sanyuan Foods is a good investment. Please check the relationship between Beijing Sanyuan Minority Interest and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Sanyuan Foods. 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 Ebit

Minority Interest vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Sanyuan Foods Minority Interest account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Beijing Sanyuan's Minority Interest and Ebit is -0.2. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Ebit in the same time period over historical financial statements of Beijing Sanyuan Foods, assuming nothing else is changed. The correlation between historical values of Beijing Sanyuan's Minority Interest and Ebit 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 Sanyuan Foods are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Minority Interest i.e., Beijing Sanyuan's Minority Interest and Ebit go up and down completely randomly.

Correlation Coefficient

-0.2
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 Beijing Sanyuan Foods whose combined shares represent less than 50% of the total outstanding shares issued by Beijing Sanyuan have a minority interest in Beijing Sanyuan.

Ebit

Most indicators from Beijing Sanyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Sanyuan Foods 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 Sanyuan Foods. 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 December 11, 2024, Selling General Administrative is expected to decline to about 1.1 B. In addition to that, Tax Provision is expected to decline to about 13.9 M
 2021 2022 2023 2024 (projected)
Income Before Tax263.5M45.8M234.6M246.3M
Cost Of Revenue5.8B6.0B6.0B3.3B

Beijing Sanyuan fundamental ratios Correlations

0.560.790.860.630.90.540.480.810.86-0.620.60.740.950.750.840.340.880.72-0.78-0.20.450.840.52-0.610.52
0.560.290.340.160.520.15-0.020.660.41-0.130.580.570.60.320.31-0.040.370.33-0.32-0.010.00.260.330.08-0.04
0.790.290.630.870.780.220.610.450.58-0.690.70.410.790.450.680.770.630.4-0.49-0.30.840.840.8-0.680.72
0.860.340.630.460.860.790.40.50.75-0.370.50.580.680.50.970.350.660.46-0.54-0.180.360.70.38-0.620.4
0.630.160.870.460.590.010.80.380.41-0.840.610.260.660.360.50.80.530.31-0.4-0.650.910.840.82-0.720.79
0.90.520.780.860.590.480.420.60.78-0.440.790.70.820.450.880.470.640.42-0.5-0.270.50.780.62-0.520.44
0.540.150.220.790.010.480.010.260.5-0.040.120.40.310.340.680.010.410.31-0.330.15-0.010.23-0.06-0.240.04
0.48-0.020.610.40.80.420.010.30.35-0.520.350.130.470.370.430.550.440.32-0.36-0.810.620.620.53-0.680.61
0.810.660.450.50.380.60.260.30.78-0.560.330.840.890.870.45-0.060.870.88-0.87-0.10.130.610.2-0.340.29
0.860.410.580.750.410.780.50.350.78-0.490.370.750.830.780.730.110.870.76-0.8-0.110.240.710.2-0.590.36
-0.62-0.13-0.69-0.37-0.84-0.44-0.04-0.52-0.56-0.49-0.33-0.37-0.69-0.6-0.35-0.47-0.7-0.590.640.34-0.69-0.83-0.550.68-0.7
0.60.580.70.50.610.790.120.350.330.37-0.330.380.590.020.530.580.22-0.03-0.04-0.40.570.520.87-0.150.37
0.740.570.410.580.260.70.40.130.840.75-0.370.380.740.620.530.050.690.64-0.67-0.070.140.510.1-0.30.11
0.950.60.790.680.660.820.310.470.890.83-0.690.590.740.810.670.30.90.78-0.82-0.180.460.830.55-0.540.54
0.750.320.450.50.360.450.340.370.870.78-0.60.020.620.810.44-0.10.960.99-0.980.030.120.630.04-0.530.37
0.840.310.680.970.50.880.680.430.450.73-0.350.530.530.670.440.450.640.41-0.51-0.210.440.750.44-0.670.5
0.34-0.040.770.350.80.470.010.55-0.060.11-0.470.580.050.3-0.10.450.13-0.150.04-0.510.960.590.76-0.560.72
0.880.370.630.660.530.640.410.440.870.87-0.70.220.690.90.960.640.130.94-0.97-0.070.330.80.23-0.670.53
0.720.330.40.460.310.420.310.320.880.76-0.59-0.030.640.780.990.41-0.150.94-0.990.060.070.61-0.01-0.510.33
-0.78-0.32-0.49-0.54-0.4-0.5-0.33-0.36-0.87-0.80.64-0.04-0.67-0.82-0.98-0.510.04-0.97-0.99-0.02-0.17-0.69-0.060.62-0.4
-0.2-0.01-0.3-0.18-0.65-0.270.15-0.81-0.1-0.110.34-0.4-0.07-0.180.03-0.21-0.51-0.070.06-0.02-0.52-0.36-0.460.39-0.43
0.450.00.840.360.910.5-0.010.620.130.24-0.690.570.140.460.120.440.960.330.07-0.17-0.520.730.8-0.640.83
0.840.260.840.70.840.780.230.620.610.71-0.830.520.510.830.630.750.590.80.61-0.69-0.360.730.64-0.830.79
0.520.330.80.380.820.62-0.060.530.20.2-0.550.870.10.550.040.440.760.23-0.01-0.06-0.460.80.64-0.340.65
-0.610.08-0.68-0.62-0.72-0.52-0.24-0.68-0.34-0.590.68-0.15-0.3-0.54-0.53-0.67-0.56-0.67-0.510.620.39-0.64-0.83-0.34-0.66
0.52-0.040.720.40.790.440.040.610.290.36-0.70.370.110.540.370.50.720.530.33-0.4-0.430.830.790.65-0.66
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Beijing Sanyuan Account Relationship Matchups

Beijing Sanyuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B13.4B12.6B14.0B9.3B6.0B
Other Current Liab1.7B552.9M553.6M1.6B22.7M21.6M
Total Current Liabilities2.9B4.2B3.0B4.7B3.7B3.9B
Total Stockholder Equity5.0B5.0B5.1B5.0B5.1B2.8B
Retained Earnings209.1M191.0M428.7M533.1M445.3M467.6M
Accounts Payable754.2M781.3M760.7M1.2B809.7M471.4M
Cash1.9B2.0B1.3B950.4M1.2B951.0M
Other Assets141.4M155.6M583.0M279.0M320.8M336.9M
Long Term Debt3.1B1.9B2.4B2.0B27.8M26.5M
Net Receivables920.1M833.9M885.4M693.4M620.5M476.0M
Short Term Investments1.2M24.7K3.7M34.1M30.7M29.1M
Inventory541.4M475.4M527.1M1.9B781.6M438.7M
Other Current Assets183.6M110.3M126.8M162.5M47.2M87.3M
Total Liab7.4B7.4B6.5B7.9B4.0B2.9B
Intangible Assets3.8B4.3B3.9B393.3M390.0M370.5M
Property Plant Equipment2.6B2.5B2.4B6.6B7.6B8.0B
Other Liab1.3B1.3B1.2B527.2M606.3M380.6M
Good Will1.7B1.7B1.5B19.9M20.8M19.7M
Net Tangible Assets(863.4M)(1.0B)(300.3M)4.6B4.1B4.3B
Other Stockholder Equity(2.2M)29.1M(44.6M)(26.0M)(23.4M)(22.3M)
Deferred Long Term Liab75.1M78.2M73.4M168.1M193.4M203.0M
Short Long Term Debt274.7M523.8M433.5M1.6B960.7M508.6M
Total Current Assets3.6B3.5B2.7B4.7B2.8B3.0B
Non Current Assets Total9.8B9.9B9.8B9.4B6.6B8.7B
Non Currrent Assets Other1.3M1.4M430.1M36.1M3.9M3.7M
Non Current Liabilities Total4.5B3.2B3.6B3.2B300.4M285.4M
Non Current Liabilities Other3.2B869.0K2.3M2.5M2.3M2.2M
Net Invested Capital8.4B7.4B7.9B8.5B6.1B8.2B
Net Working Capital666.8M(731.9M)(209.0M)(77.9M)(971.5M)(923.0M)
Net Debt1.5B411.2M1.5B2.6B3.0B1.6B

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Other Information on Investing in Beijing Stock

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