China Net Income From Continuing Ops vs Minority Interest Analysis

601818 Stock   3.74  0.01  0.27%   
China Everbright financial indicator trend analysis is way more than just evaluating China Everbright Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Everbright Bank is a good investment. Please check the relationship between China Everbright 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 China Everbright Bank. 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.

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 China Everbright Bank Net Income From Continuing Ops account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Everbright's Net Income From Continuing Ops and Minority Interest is -0.3. 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 China Everbright Bank, assuming nothing else is changed. The correlation between historical values of China Everbright'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 China Everbright Bank 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., China Everbright's Net Income From Continuing Ops and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
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 China Everbright Bank whose combined shares represent less than 50% of the total outstanding shares issued by China Everbright have a minority interest in China Everbright.
Most indicators from China Everbright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Everbright Bank 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 China Everbright Bank. 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.
As of January 8, 2025, Selling General Administrative is expected to decline to about 37.5 B. In addition to that, Tax Provision is expected to decline to about 9.6 B
 2024 2025 (projected)
Operating Income52.1B45.1B
Total Revenue167.5B91.9B

China Everbright fundamental ratios Correlations

0.99-0.670.780.330.960.9-0.49-0.531.00.120.640.950.860.90.880.880.72-0.31-0.050.86-0.90.650.820.84-0.48
0.99-0.670.790.340.970.92-0.43-0.580.990.190.610.970.870.920.910.910.78-0.3-0.040.89-0.930.670.810.84-0.53
-0.67-0.67-0.67-0.26-0.75-0.640.080.67-0.67-0.14-0.34-0.6-0.51-0.62-0.59-0.6-0.540.09-0.15-0.540.63-0.4-0.65-0.650.23
0.780.79-0.670.550.810.84-0.51-0.550.78-0.020.810.770.440.810.810.780.830.050.390.63-0.830.480.840.85-0.32
0.330.34-0.260.550.370.34-0.15-0.290.330.050.280.380.050.420.40.390.47-0.030.130.42-0.360.310.370.360.09
0.960.97-0.750.810.370.92-0.34-0.740.960.170.560.930.810.910.90.890.79-0.210.060.84-0.940.60.870.89-0.5
0.90.92-0.640.840.340.92-0.41-0.640.890.080.640.890.70.830.850.80.81-0.020.120.76-0.940.470.80.85-0.66
-0.49-0.430.08-0.51-0.15-0.34-0.41-0.27-0.50.6-0.87-0.4-0.2-0.28-0.27-0.26-0.25-0.03-0.13-0.210.3-0.14-0.34-0.340.11
-0.53-0.580.67-0.55-0.29-0.74-0.64-0.27-0.53-0.37-0.06-0.56-0.47-0.64-0.64-0.61-0.63-0.05-0.22-0.530.71-0.32-0.7-0.710.37
1.00.99-0.670.780.330.960.89-0.5-0.530.120.640.950.860.90.870.880.72-0.31-0.050.85-0.890.650.820.84-0.48
0.120.19-0.14-0.020.050.170.080.6-0.370.12-0.320.250.460.420.450.460.21-0.64-0.240.45-0.250.620.040.07-0.09
0.640.61-0.340.810.280.560.64-0.87-0.060.64-0.320.570.330.580.580.570.5-0.010.310.39-0.550.370.60.62-0.17
0.950.97-0.60.770.380.930.89-0.4-0.560.950.250.570.850.920.920.920.86-0.34-0.050.92-0.950.690.750.78-0.58
0.860.87-0.510.440.050.810.7-0.2-0.470.860.460.330.850.830.820.840.53-0.62-0.290.87-0.750.780.580.61-0.45
0.90.92-0.620.810.420.910.83-0.28-0.640.90.420.580.920.830.991.00.79-0.430.050.89-0.910.810.820.85-0.37
0.880.91-0.590.810.40.90.85-0.27-0.640.870.450.580.920.820.990.990.81-0.420.040.9-0.920.820.770.82-0.43
0.880.91-0.60.780.390.890.8-0.26-0.610.880.460.570.920.841.00.990.79-0.480.010.91-0.90.840.780.81-0.39
0.720.78-0.540.830.470.790.81-0.25-0.630.720.210.50.860.530.790.810.79-0.020.230.78-0.910.510.710.73-0.57
-0.31-0.30.090.05-0.03-0.21-0.02-0.03-0.05-0.31-0.64-0.01-0.34-0.62-0.43-0.42-0.48-0.020.59-0.550.12-0.790.070.05-0.08
-0.05-0.04-0.150.390.130.060.12-0.13-0.22-0.05-0.240.31-0.05-0.290.050.040.010.230.59-0.24-0.15-0.220.360.340.2
0.860.89-0.540.630.420.840.76-0.21-0.530.850.450.390.920.870.890.90.910.78-0.55-0.24-0.830.850.60.64-0.43
-0.9-0.930.63-0.83-0.36-0.94-0.940.30.71-0.89-0.25-0.55-0.95-0.75-0.91-0.92-0.9-0.910.12-0.15-0.83-0.56-0.85-0.880.64
0.650.67-0.40.480.310.60.47-0.14-0.320.650.620.370.690.780.810.820.840.51-0.79-0.220.85-0.560.40.45-0.06
0.820.81-0.650.840.370.870.8-0.34-0.70.820.040.60.750.580.820.770.780.710.070.360.6-0.850.40.99-0.27
0.840.84-0.650.850.360.890.85-0.34-0.710.840.070.620.780.610.850.820.810.730.050.340.64-0.880.450.99-0.34
-0.48-0.530.23-0.320.09-0.5-0.660.110.37-0.48-0.09-0.17-0.58-0.45-0.37-0.43-0.39-0.57-0.080.2-0.430.64-0.06-0.27-0.34
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China Everbright Account Relationship Matchups

China Everbright fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.4T5.9T6.3T6.8T7.8T8.2T
Total Stockholder Equity453.4B482.5B507.9B552.4B635.2B667.0B
Other Liab30.3B20.1B22.2B17.9B16.1B15.3B
Retained Earnings230.5B257.8B179.3B199.3B229.2B121.0B
Cash485.0B4.8T525.7B538.3B619.0B476.8B
Other Assets2.8T3.1T3.5T3.8T4.3T4.5T
Total Liab4.9T5.4T5.8T6.2T7.2T7.5T
Intangible Assets2.2B2.8B3.6B4.4B3.9B2.1B
Property Plant Equipment18.2B31.0B34.5B36.1B41.5B43.6B
Other Current Liab8.3B13.2B10.1B22.8B26.2B27.5B
Total Current Liabilities4.2T4.8T5.3T5.5T6.4T4.7T
Net Tangible Assets317.1B385.0B413.5B438.1B503.9B348.5B
Accounts Payable3.4T3.9T4.1T4.4T5.0T3.7T
Net Receivables24.3B30.9B25.1B17.2B19.8B17.5B
Inventory478M390M327M238M214.2M308.5M
Other Current Assets376.3B340.4B329.1B332.7B299.4B273.2B
Other Stockholder Equity7.9B45.5B47.3B43.6B50.1B52.6B
Deferred Long Term Liab871M900M950M927M834.3M876.1M
Long Term Investments1.7T1.8T2.1T2.3T2.6T1.3T
Total Current Assets563.7B655.6B736.0B712.4B641.2B565.9B
Net Debt117.8B368.9B538.9B755.2B868.5B912.0B
Common Stock Shares Outstanding54.0B54.0B54.0B59.1B67.9B59.5B
Net Invested Capital991.3B1.4T1.5T1.8T2.0T1.3T
Property Plant And Equipment Net34.4B36.1B36.5B36.2B41.7B38.3B
Property Plant And Equipment Gross48.1B51.2B53.4B55.2B63.5B55.4B

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Other Information on Investing in China Stock

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