| 601816 Stock | | | 6.06 0.08 1.30% |
Beijing Shanghai financial indicator trend analysis is way more than just evaluating Beijing Shanghai High prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Shanghai High is a good investment. Please check the relationship between Beijing Shanghai Minority Interest and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Shanghai High Speed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Minority Interest vs Gross Profit
Minority Interest vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Shanghai High Minority Interest account and
Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Beijing Shanghai's Minority Interest and Gross Profit is 0.19. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Beijing Shanghai High Speed, assuming nothing else is changed. The correlation between historical values of Beijing Shanghai's Minority Interest and Gross Profit 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 Shanghai High Speed are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., Beijing Shanghai's Minority Interest and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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 Shanghai High Speed whose combined shares represent less than 50% of the total outstanding shares issued by Beijing Shanghai have a minority interest in Beijing Shanghai.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Beijing Shanghai High Speed minus its cost of goods sold. It is profit before Beijing Shanghai 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.
Most indicators from Beijing Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Shanghai High 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 Shanghai High Speed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 28.2
M, whereas
Tax Provision is forecasted to decline to about 2.1
B.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 10.5B | 2.6B | 18.6B | 9.6B | Total Revenue | 29.3B | 19.3B | 40.7B | 32.2B |
Beijing Shanghai fundamental ratios Correlations
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Beijing Shanghai Account Relationship Matchups
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Shanghai High at a specified time, usually calculated after every quarter, six months, or one year. Beijing Shanghai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Shanghai 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.