Sichuan Net Income From Continuing Ops vs Minority Interest Analysis

600779 Stock   58.90  0.08  0.14%   
Sichuan Swellfun financial indicator trend analysis is much more than just breaking down Sichuan Swellfun prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Swellfun is a good investment. Please check the relationship between Sichuan Swellfun Net Income From Continuing Ops and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Swellfun 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.

Net Income From Continuing Ops vs Minority Interest

Net Income From Continuing Ops vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Swellfun Net Income From Continuing Ops account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Sichuan Swellfun's Net Income From Continuing Ops and Minority Interest is 0.01. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Sichuan Swellfun Co, assuming nothing else is changed. The correlation between historical values of Sichuan Swellfun's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Sichuan Swellfun 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 Net Income From Continuing Ops i.e., Sichuan Swellfun's Net Income From Continuing Ops and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

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 Sichuan Swellfun Co whose combined shares represent less than 50% of the total outstanding shares issued by Sichuan Swellfun have a minority interest in Sichuan Swellfun.
Most indicators from Sichuan Swellfun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Swellfun 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 Sichuan Swellfun 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 610.9 M. In addition to that, Tax Provision is expected to decline to about 283.4 M
 2021 2022 2023 2024 (projected)
Operating Income1.6B1.6B1.7B1.8B
Total Revenue4.6B4.7B5.0B5.2B

Sichuan Swellfun fundamental ratios Correlations

0.310.980.98-0.341.00.890.960.97-0.26-0.51-0.740.960.460.990.830.670.960.880.09-0.740.890.970.470.780.87
0.310.410.18-0.20.28-0.110.380.33-0.17-0.230.330.490.420.410.33-0.120.170.45-0.250.330.560.140.60.40.56
0.980.410.93-0.440.970.840.980.94-0.17-0.51-0.670.960.51.00.870.560.920.890.05-0.670.930.940.550.80.89
0.980.180.93-0.220.980.910.920.97-0.36-0.51-0.790.930.410.930.760.780.960.830.14-0.790.820.970.360.730.81
-0.34-0.2-0.44-0.22-0.35-0.27-0.47-0.26-0.230.470.18-0.28-0.43-0.42-0.590.03-0.27-0.39-0.130.18-0.48-0.32-0.28-0.43-0.36
1.00.280.970.98-0.350.890.960.96-0.27-0.54-0.750.950.450.970.840.690.970.880.14-0.750.880.980.430.790.86
0.89-0.110.840.91-0.270.890.820.86-0.13-0.38-0.880.770.30.840.670.680.910.690.26-0.880.670.930.280.60.65
0.960.380.980.92-0.470.960.820.94-0.28-0.58-0.660.940.60.970.870.630.860.870.11-0.660.930.90.540.840.84
0.970.330.940.97-0.260.960.860.94-0.4-0.57-0.680.950.560.940.730.730.930.840.12-0.680.870.930.540.750.85
-0.26-0.17-0.17-0.36-0.23-0.27-0.13-0.28-0.40.60.1-0.37-0.49-0.17-0.11-0.74-0.19-0.22-0.080.1-0.26-0.17-0.14-0.25-0.19
-0.51-0.23-0.51-0.510.47-0.54-0.38-0.58-0.570.60.3-0.55-0.67-0.5-0.6-0.61-0.48-0.52-0.20.3-0.58-0.48-0.36-0.52-0.53
-0.740.33-0.67-0.790.18-0.75-0.88-0.66-0.680.10.3-0.59-0.09-0.67-0.61-0.62-0.78-0.4-0.061.0-0.41-0.82-0.1-0.4-0.39
0.960.490.960.93-0.280.950.770.940.95-0.37-0.55-0.590.490.960.80.640.880.87-0.03-0.590.920.880.520.80.89
0.460.420.50.41-0.430.450.30.60.56-0.49-0.67-0.090.490.490.530.480.320.560.09-0.090.670.350.650.60.47
0.990.411.00.93-0.420.970.840.970.94-0.17-0.5-0.670.960.490.870.570.920.890.05-0.670.930.940.540.80.89
0.830.330.870.76-0.590.840.670.870.73-0.11-0.6-0.610.80.530.870.480.760.780.0-0.610.850.810.390.730.77
0.67-0.120.560.780.030.690.680.630.73-0.74-0.61-0.620.640.480.570.480.650.580.21-0.620.540.670.120.50.5
0.960.170.920.96-0.270.970.910.860.93-0.19-0.48-0.780.880.320.920.760.650.830.19-0.780.780.990.350.670.83
0.880.450.890.83-0.390.880.690.870.84-0.22-0.52-0.40.870.560.890.780.580.830.24-0.40.960.830.430.820.94
0.09-0.250.050.14-0.130.140.260.110.12-0.08-0.2-0.06-0.030.090.050.00.210.190.24-0.060.080.18-0.220.180.08
-0.740.33-0.67-0.790.18-0.75-0.88-0.66-0.680.10.31.0-0.59-0.09-0.67-0.61-0.62-0.78-0.4-0.06-0.41-0.82-0.1-0.4-0.39
0.890.560.930.82-0.480.880.670.930.87-0.26-0.58-0.410.920.670.930.850.540.780.960.08-0.410.80.570.870.92
0.970.140.940.97-0.320.980.930.90.93-0.17-0.48-0.820.880.350.940.810.670.990.830.18-0.820.80.360.690.82
0.470.60.550.36-0.280.430.280.540.54-0.14-0.36-0.10.520.650.540.390.120.350.43-0.22-0.10.570.360.510.45
0.780.40.80.73-0.430.790.60.840.75-0.25-0.52-0.40.80.60.80.730.50.670.820.18-0.40.870.690.510.68
0.870.560.890.81-0.360.860.650.840.85-0.19-0.53-0.390.890.470.890.770.50.830.940.08-0.390.920.820.450.68
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Sichuan Swellfun Account Relationship Matchups

Sichuan Swellfun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.4B5.9B7.0B8.4B8.8B
Other Current Liab1.2B1.4B2.0B2.2B29.6M28.1M
Total Current Liabilities1.8B2.2B3.2B3.6B4.0B4.2B
Total Stockholder Equity2.1B2.1B2.6B3.5B4.4B4.6B
Other Liab23.2M14.7M14.2M22.3M20.1M19.1M
Retained Earnings1.2B1.3B1.9B2.7B3.2B3.4B
Accounts Payable164.2M251.8M411.5M495.4M1.1B1.1B
Cash1.2B1.3B1.9B1.9B2.3B2.5B
Other Assets166.8M215.3M362.9M389.5M447.9M470.3M
Net Receivables223.4M1.9M7.5M3.5M2.2M2.1M
Inventory1.5B1.9B2.2B2.4B2.5B2.6B
Other Current Assets56.2M45.1M80.7M45.6M61.4M39.4M
Total Liab1.8B2.2B3.3B3.6B4.0B4.2B
Intangible Assets123.2M122.8M119.5M130.0M163.2M171.4M
Property Plant Equipment613.1M763.5M1.2B2.1B2.4B2.6B
Net Tangible Assets2.0B2.0B2.5B3.3B3.8B2.2B
Deferred Long Term Liab3.3M2.0M1.0M14.5M13.0M6.7M
Total Current Assets3.0B3.3B4.2B4.4B4.9B3.3B
Non Current Assets Total903.1M1.1B1.7B2.6B3.5B3.7B
Non Currrent Assets Other8.0M6.2M117.5M34.0M16.1M31.0M
Non Current Liabilities Total23.6M14.7M26.2M28.4M30.7M25.0M
Non Current Liabilities Other5.4M14.7M14.2M22.3M21.3M11.8M
Net Invested Capital2.1B2.1B2.6B3.5B4.4B2.9B
Net Working Capital1.2B1.0B953.8M849.5M903.6M804.7M

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Other Information on Investing in Sichuan Stock

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