Xinyaqiang Reconciled Depreciation vs Minority Interest Analysis

603155 Stock

13.09 0.20 1.55%

Xinyaqiang Silicon financial indicator trend analysis is more than just analyzing Xinyaqiang Silicon current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinyaqiang Silicon is a good investment. Please check the relationship between Xinyaqiang Silicon Reconciled Depreciation and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinyaqiang Silicon Chemistry. 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.

Reconciled Depreciation vs Minority Interest

Reconciled Depreciation vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinyaqiang Silicon Reconciled Depreciation account and Minority Interest. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Xinyaqiang Silicon's Reconciled Depreciation and Minority Interest is 0.92. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Xinyaqiang Silicon Chemistry, assuming nothing else is changed. The correlation between historical values of Xinyaqiang Silicon's Reconciled Depreciation 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 Reconciled Depreciation of Xinyaqiang Silicon Chemistry 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 Reconciled Depreciation i.e., Xinyaqiang Silicon's Reconciled Depreciation and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Reconciled Depreciation

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 Xinyaqiang Silicon Chemistry whose combined shares represent less than 50% of the total outstanding shares issued by Xinyaqiang Silicon have a minority interest in Xinyaqiang Silicon.

Most indicators from Xinyaqiang Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinyaqiang Silicon 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 Xinyaqiang Silicon Chemistry. 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 Tax Provision is expected to grow to about 27.4 M. The current year's Selling General Administrative is expected to grow to about 6.7 M

	2022	2023	2024	2025 (projected)
Net Interest Income	8.2M	13.3M	15.3M	7.8M
Tax Provision	44.8M	18.2M	16.4M	27.4M

Net Interest Income Tax Provision

Xinyaqiang Silicon fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Short Term Investments	Other Current Assets	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.59	0.94	1.0	0.96	0.92	0.62	0.93	-0.22	0.78	0.92	0.78	0.93	0.97	1.0	1.0	0.93	1.0	0.78	0.89	-0.38	0.67	0.88	-0.45
Other Current Liab	0.59		0.57	0.57	0.73	0.49	0.78	0.74	-0.53	0.29	0.27	0.64	0.65	0.66	0.57	0.54	0.73	0.53	0.77	0.75	-0.35	0.35	0.72	-0.24
Total Current Liabilities	0.94	0.57		0.93	0.94	0.99	0.48	0.83	0.07	0.92	0.8	0.63	0.96	0.97	0.93	0.94	0.79	0.93	0.65	0.8	-0.1	0.48	0.77	-0.38
Total Stockholder Equity	1.0	0.57	0.93		0.95	0.92	0.62	0.92	-0.22	0.77	0.93	0.77	0.91	0.97	1.0	1.0	0.93	1.0	0.77	0.88	-0.39	0.67	0.87	-0.46
Retained Earnings	0.96	0.73	0.94	0.95		0.91	0.6	0.97	-0.21	0.79	0.82	0.82	0.98	0.99	0.95	0.94	0.95	0.94	0.85	0.96	-0.39	0.67	0.94	-0.47
Accounts Payable	0.92	0.49	0.99	0.92	0.91		0.42	0.79	0.14	0.95	0.82	0.58	0.94	0.96	0.92	0.94	0.75	0.92	0.59	0.76	-0.06	0.46	0.72	-0.37
Cash	0.62	0.78	0.48	0.62	0.6	0.42		0.62	-0.75	0.14	0.44	0.6	0.45	0.55	0.63	0.61	0.69	0.62	0.69	0.6	-0.47	0.38	0.58	-0.38
Non Current Assets Total	0.93	0.74	0.83	0.92	0.97	0.79	0.62		-0.38	0.64	0.81	0.89	0.91	0.93	0.92	0.9	0.99	0.9	0.9	0.99	-0.56	0.76	0.99	-0.47
Non Currrent Assets Other	-0.22	-0.53	0.07	-0.22	-0.21	0.14	-0.75	-0.38		0.42	-0.15	-0.52	-0.01	-0.1	-0.23	-0.17	-0.47	-0.2	-0.56	-0.38	0.74	-0.42	-0.4	0.25
Net Receivables	0.78	0.29	0.92	0.77	0.79	0.95	0.14	0.64	0.42		0.72	0.45	0.88	0.85	0.77	0.8	0.57	0.78	0.44	0.63	0.08	0.38	0.6	-0.36
Common Stock Shares Outstanding	0.92	0.27	0.8	0.93	0.82	0.82	0.44	0.81	-0.15	0.72		0.71	0.78	0.84	0.93	0.93	0.83	0.94	0.65	0.77	-0.44	0.72	0.77	-0.49
Non Current Liabilities Total	0.78	0.64	0.63	0.77	0.82	0.58	0.6	0.89	-0.52	0.45	0.71		0.74	0.75	0.77	0.73	0.9	0.74	0.98	0.92	-0.82	0.94	0.93	-0.75
Inventory	0.93	0.65	0.96	0.91	0.98	0.94	0.45	0.91	-0.01	0.88	0.78	0.74		0.98	0.91	0.91	0.87	0.89	0.76	0.91	-0.26	0.6	0.88	-0.43
Total Liab	0.97	0.66	0.97	0.97	0.99	0.96	0.55	0.93	-0.1	0.85	0.84	0.75	0.98		0.97	0.96	0.9	0.95	0.77	0.91	-0.29	0.61	0.89	-0.42
Net Invested Capital	1.0	0.57	0.93	1.0	0.95	0.92	0.63	0.92	-0.23	0.77	0.93	0.77	0.91	0.97		1.0	0.93	1.0	0.77	0.88	-0.39	0.67	0.87	-0.46
Total Current Assets	1.0	0.54	0.94	1.0	0.94	0.94	0.61	0.9	-0.17	0.8	0.93	0.73	0.91	0.96	1.0		0.9	1.0	0.73	0.85	-0.33	0.63	0.84	-0.44
Capital Stock	0.93	0.73	0.79	0.93	0.95	0.75	0.69	0.99	-0.47	0.57	0.83	0.9	0.87	0.9	0.93	0.9		0.9	0.91	0.98	-0.62	0.78	0.98	-0.5
Net Working Capital	1.0	0.53	0.93	1.0	0.94	0.92	0.62	0.9	-0.2	0.78	0.94	0.74	0.89	0.95	1.0	1.0	0.9		0.74	0.85	-0.36	0.64	0.84	-0.45
Intangible Assets	0.78	0.77	0.65	0.77	0.85	0.59	0.69	0.9	-0.56	0.44	0.65	0.98	0.76	0.77	0.77	0.73	0.91	0.74		0.94	-0.77	0.87	0.94	-0.7
Property Plant And Equipment Net	0.89	0.75	0.8	0.88	0.96	0.76	0.6	0.99	-0.38	0.63	0.77	0.92	0.91	0.91	0.88	0.85	0.98	0.85	0.94		-0.61	0.8	1.0	-0.54
Short Term Investments	-0.38	-0.35	-0.1	-0.39	-0.39	-0.06	-0.47	-0.56	0.74	0.08	-0.44	-0.82	-0.26	-0.29	-0.39	-0.33	-0.62	-0.36	-0.77	-0.61		-0.87	-0.65	0.7
Other Current Assets	0.67	0.35	0.48	0.67	0.67	0.46	0.38	0.76	-0.42	0.38	0.72	0.94	0.6	0.61	0.67	0.63	0.78	0.64	0.87	0.8	-0.87		0.83	-0.8
Property Plant And Equipment Gross	0.88	0.72	0.77	0.87	0.94	0.72	0.58	0.99	-0.4	0.6	0.77	0.93	0.88	0.89	0.87	0.84	0.98	0.84	0.94	1.0	-0.65	0.83		-0.54
Short Long Term Debt	-0.45	-0.24	-0.38	-0.46	-0.47	-0.37	-0.38	-0.47	0.25	-0.36	-0.49	-0.75	-0.43	-0.42	-0.46	-0.44	-0.5	-0.45	-0.7	-0.54	0.7	-0.8	-0.54

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Xinyaqiang Silicon Account Relationship Matchups

Xinyaqiang Silicon fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.1B	2.5B	2.7B	2.5B	2.9B	2.3B
Other Current Liab	769.1K	1.2M	35.9M	13.4M	15.4M	12.2M
Total Current Liabilities	133.3M	297.9M	270.5M	171.3M	197.1M	201.7M
Total Stockholder Equity	2.0B	2.2B	2.3B	2.2B	2.6B	2.1B
Retained Earnings	438.7M	640.7M	756.7M	641.8M	738.0M	622.8M
Accounts Payable	119.0M	268.8M	205.1M	136.5M	157.0M	166.8M
Cash	395.0M	236.6M	455.4M	323.5M	372.0M	374.6M
Non Current Assets Total	317.4M	444.3M	645.0M	640.9M	737.1M	504.0M
Non Currrent Assets Other	7.0M	26.1M	5.6M	5.9M	5.3M	9.0M
Net Receivables	68.7M	142.1M	93.5M	79.3M	91.2M	97.6M
Non Current Liabilities Total	4.7M	7.2M	58.2M	85.7M	98.5M	103.5M
Inventory	94.2M	191.8M	189.5M	157.6M	181.3M	158.7M
Total Liab	138.0M	305.0M	328.7M	257.0M	295.6M	237.1M
Net Invested Capital	2.0B	2.2B	2.4B	2.2B	2.6B	2.1B
Total Current Assets	1.8B	2.1B	2.1B	1.9B	2.2B	1.8B
Net Working Capital	1.7B	1.8B	1.8B	1.7B	2.0B	1.6B
Intangible Assets	18.9M	18.5M	101.0M	99.2M	114.1M	119.8M

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Other Information on Investing in Xinyaqiang Stock

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

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Xinyaqiang Reconciled Depreciation vs Minority Interest Analysis

Reconciled Depreciation vs Minority Interest

Reconciled Depreciation vs Minority Interest Correlation Analysis

Correlation Coefficient

Reconciled Depreciation

Minority Interest

Xinyaqiang Silicon fundamental ratios Correlations

Xinyaqiang Silicon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xinyaqiang Silicon fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Xinyaqiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Other Current Assets	- 0.87	Short Term Investments
Short Term Investments	- 0.82	Non Current Liabilities Total
Short Long Term Debt	- 0.8	Other Current Assets
Short Term Investments	- 0.77	Intangible Assets
Short Long Term Debt	- 0.75	Non Current Liabilities Total
Non Currrent Assets Other	- 0.75	Cash