601555 Stock | | | 8.08 0.01 0.12% |
Soochow Securities financial indicator trend analysis is much more than just breaking down Soochow Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soochow Securities is a good investment. Please check the relationship between Soochow Securities Gross Profit and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Soochow Securities 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.
Gross Profit vs Minority Interest
Gross Profit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Soochow Securities Gross Profit account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Soochow Securities' Gross Profit and Minority Interest is -0.33. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Soochow Securities Co, assuming nothing else is changed. The correlation between historical values of Soochow Securities' Gross Profit 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 Gross Profit of Soochow Securities 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 Gross Profit i.e., Soochow Securities' Gross Profit and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Soochow Securities Co minus its cost of goods sold. It is profit before Soochow Securities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Soochow Securities Co whose combined shares represent less than 50% of the total outstanding shares issued by Soochow Securities have a minority interest in Soochow Securities.
Most indicators from Soochow Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soochow Securities 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 Soochow Securities 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 23, 2024,
Selling General Administrative is expected to decline to about 946.1
M. In addition to that,
Tax Provision is expected to decline to about 477.2
MSoochow Securities fundamental ratios Correlations
Click cells to compare fundamentals
Soochow Securities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Soochow Securities fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Soochow Stock
Balance Sheet is a snapshot of the
financial position of Soochow Securities at a specified time, usually calculated after every quarter, six months, or one year. Soochow Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Soochow Securities 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 Soochow currently owns. An asset can also be divided into two categories, current and non-current.