Bank Income Before Tax vs Minority Interest Analysis

601328 Stock   7.20  0.02  0.28%   
Bank of Communications financial indicator trend analysis is way more than just evaluating Bank of Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Communications is a good investment. Please check the relationship between Bank of Communications Income Before Tax and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Communications. 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.

Income Before Tax vs Minority Interest

Income Before Tax vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Communications Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Bank of Communications' Income Before Tax and Minority Interest is 0.08. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Bank of Communications, assuming nothing else is changed. The correlation between historical values of Bank of Communications' Income Before Tax 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 Income Before Tax of Bank of Communications 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 Income Before Tax i.e., Bank of Communications' Income Before Tax and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bank of Communications income statement and is an important metric when analyzing Bank of Communications profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 Bank of Communications whose combined shares represent less than 50% of the total outstanding shares issued by Bank of Communications have a minority interest in Bank of Communications.
Most indicators from Bank of Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Communications 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 Bank of Communications. 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 49.9 B. The current year's Tax Provision is expected to grow to about 7.8 B
 2024 2025 (projected)
Operating Income101.7B117.7B
Total Revenue294.9B219.0B

Bank of Communications fundamental ratios Correlations

1.00.70.610.730.360.930.931.00.640.940.850.72-0.480.650.860.850.270.82-0.660.88-0.850.740.890.780.8
1.00.70.640.730.410.940.951.00.640.960.860.72-0.510.690.880.870.270.83-0.660.9-0.860.730.90.790.79
0.70.70.570.830.420.520.60.70.770.580.790.64-0.020.50.710.730.020.73-0.30.66-0.450.740.540.490.52
0.610.640.570.750.560.720.710.610.610.750.710.78-0.490.60.650.630.340.5-0.240.5-0.590.370.690.750.46
0.730.730.830.750.380.650.670.730.90.710.830.88-0.170.530.670.660.240.58-0.280.52-0.530.530.630.670.54
0.360.410.420.560.380.470.460.360.220.450.440.41-0.360.370.510.510.190.47-0.090.46-0.310.440.450.470.33
0.930.940.520.720.650.470.940.930.520.970.840.77-0.740.680.860.840.380.78-0.580.82-0.850.680.920.880.79
0.930.950.60.710.670.460.940.930.510.980.860.71-0.620.840.920.90.280.78-0.680.9-0.910.640.950.850.71
1.01.00.70.610.730.360.930.930.640.940.850.72-0.480.650.860.850.270.82-0.660.88-0.840.740.890.770.8
0.640.640.770.610.90.220.520.510.640.580.680.77-0.030.350.480.470.230.47-0.230.36-0.40.420.440.50.48
0.940.960.580.750.710.450.970.980.940.580.870.78-0.660.740.880.850.330.75-0.650.83-0.910.640.960.890.78
0.850.860.790.710.830.440.840.860.850.680.870.84-0.570.740.930.930.240.84-0.420.76-0.720.80.840.840.73
0.720.720.640.780.880.410.770.710.720.770.780.84-0.480.510.690.670.560.65-0.190.47-0.590.560.690.890.7
-0.48-0.51-0.02-0.49-0.17-0.36-0.74-0.62-0.48-0.03-0.66-0.57-0.48-0.5-0.61-0.6-0.33-0.510.29-0.480.58-0.46-0.67-0.71-0.55
0.650.690.50.60.530.370.680.840.650.350.740.740.51-0.50.850.840.040.61-0.570.78-0.710.420.750.620.32
0.860.880.710.650.670.510.860.920.860.480.880.930.69-0.610.851.00.140.89-0.580.92-0.80.80.890.80.7
0.850.870.730.630.660.510.840.90.850.470.850.930.67-0.60.841.00.130.91-0.550.92-0.770.830.870.780.69
0.270.270.020.340.240.190.380.280.270.230.330.240.56-0.330.040.140.130.290.280.05-0.160.110.210.570.41
0.820.830.730.50.580.470.780.780.820.470.750.840.65-0.510.610.890.910.29-0.430.86-0.670.930.720.710.81
-0.66-0.66-0.3-0.24-0.28-0.09-0.58-0.68-0.66-0.23-0.65-0.42-0.190.29-0.57-0.58-0.550.28-0.43-0.70.85-0.39-0.71-0.36-0.51
0.880.90.660.50.520.460.820.90.880.360.830.760.47-0.480.780.920.920.050.86-0.7-0.790.760.830.620.63
-0.85-0.86-0.45-0.59-0.53-0.31-0.85-0.91-0.84-0.4-0.91-0.72-0.590.58-0.71-0.8-0.77-0.16-0.670.85-0.79-0.59-0.94-0.77-0.77
0.740.730.740.370.530.440.680.640.740.420.640.80.56-0.460.420.80.830.110.93-0.390.76-0.590.660.620.81
0.890.90.540.690.630.450.920.950.890.440.960.840.69-0.670.750.890.870.210.72-0.710.83-0.940.660.870.77
0.780.790.490.750.670.470.880.850.770.50.890.840.89-0.710.620.80.780.570.71-0.360.62-0.770.620.870.8
0.80.790.520.460.540.330.790.710.80.480.780.730.7-0.550.320.70.690.410.81-0.510.63-0.770.810.770.8
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Bank of Communications Account Relationship Matchups

Bank of Communications fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.7T11.7T13.0T14.1T16.2T17.0T
Total Stockholder Equity866.6B964.6B1.0T1.1T1.3T1.3T
Other Liab129.9B99.1B147.0B194.9B224.1B127.8B
Retained Earnings550.0B608.3B666.5B326.7B375.8B311.2B
Accounts Payable7.2T7.4T7.2T7.8T9.0T5.9T
Cash1.3T9.4T1.4T1.6T1.8T1.3T
Other Assets4.8T5.4T5.8T6.6T7.6T8.0T
Total Liab9.8T10.7T12.0T13.0T14.9T15.7T
Property Plant Equipment153.3B177.7B176.1B178.0B204.7B214.9B
Intangible Assets3.6B3.9B4.0B4.6B5.3B2.7B
Other Current Liab2.4B61.9B58.6B45.0B51.8B30.7B
Total Current Liabilities7.5T8.6T9.2T10.1T11.6T8.6T
Net Tangible Assets634.9B729.6B817.6B915.4B1.1T752.6B
Inventory824M759M967M1.0B1.2B968.8M
Other Current Assets725.1B735.9B675.8B763.0B686.7B616.0B
Other Stockholder Equity2.8B46.0B86.0B125.7B144.5B151.7B
Deferred Long Term Liab692M714M599M721M648.9M593.1M
Long Term Investments2.6T3.6T3.2T4.2T4.8T2.8T
Total Current Assets2.1T1.8T2.0T2.0T2.3T2.2T
Net Invested Capital1.6T1.9T2.0T2.1T2.4T1.9T
Property Plant And Equipment Net169.5B171.2B194.2B217.8B250.4B203.2B
Property Plant And Equipment Gross239.1B249.0B194.2B318.1B365.8B271.5B

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Other Information on Investing in Bank Stock

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