Hunan Operating Income vs Minority Interest Analysis

603319 Stock   24.80  0.71  2.95%   
Hunan Oil financial indicator trend analysis is much more than just examining Hunan Oil Pump latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Oil Pump is a good investment. Please check the relationship between Hunan Oil Operating Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Oil Pump. 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.

Operating Income vs Minority Interest

Operating Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Oil Pump Operating Income account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hunan Oil's Operating Income and Minority Interest is 0.12. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Hunan Oil Pump, assuming nothing else is changed. The correlation between historical values of Hunan Oil's Operating Income 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 Operating Income of Hunan Oil Pump 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 Operating Income i.e., Hunan Oil's Operating Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Hunan Oil Pump operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hunan Oil Pump is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Hunan Oil Pump whose combined shares represent less than 50% of the total outstanding shares issued by Hunan Oil have a minority interest in Hunan Oil.
Most indicators from Hunan Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Oil Pump 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 Hunan Oil Pump. 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 21, 2025, Selling General Administrative is expected to decline to about 51.7 M. In addition to that, Tax Provision is expected to decline to about 16.8 M
 2022 2023 2024 2025 (projected)
Operating Income203.9M269.6M310.1M325.6M
Total Revenue1.6B1.9B2.2B2.3B

Hunan Oil fundamental ratios Correlations

0.680.880.990.830.990.890.590.920.890.960.88-0.050.880.620.970.990.920.930.890.740.90.820.930.80.85
0.680.760.670.640.660.740.650.50.530.480.790.00.760.290.670.670.790.70.420.840.690.710.810.330.73
0.880.760.850.960.860.980.680.720.710.790.950.190.990.60.80.880.960.950.660.70.910.90.960.780.99
0.990.670.850.791.00.880.570.930.90.960.87-0.120.860.620.970.990.920.920.90.750.890.780.910.80.81
0.830.640.960.790.810.920.640.690.690.760.890.350.960.70.730.840.880.910.620.560.920.920.890.820.98
0.990.660.861.00.810.880.540.940.910.970.88-0.070.860.640.980.990.910.930.90.750.90.790.910.810.82
0.890.740.980.880.920.880.630.760.740.810.970.090.980.610.830.890.970.970.710.750.920.830.960.790.96
0.590.650.680.570.640.540.630.350.340.390.520.110.650.430.440.560.670.530.260.30.570.710.690.350.69
0.920.50.720.930.690.940.760.350.960.950.8-0.220.750.610.960.920.810.870.980.690.880.610.80.770.68
0.890.530.710.90.690.910.740.340.960.920.79-0.180.740.680.910.90.80.850.910.640.840.640.780.80.69
0.960.480.790.960.760.970.810.390.950.920.81-0.060.80.620.950.960.830.890.940.650.850.720.820.860.76
0.880.790.950.870.890.880.970.520.80.790.810.020.970.590.860.880.970.980.750.840.940.780.960.760.92
-0.050.00.19-0.120.35-0.070.090.11-0.22-0.18-0.060.020.160.13-0.170.02-0.04-0.01-0.3-0.260.050.45-0.040.140.28
0.880.760.990.860.960.860.980.650.750.740.80.970.160.620.820.880.960.970.70.720.950.880.970.780.98
0.620.290.60.620.70.640.610.430.610.680.620.590.130.620.510.680.650.650.510.240.710.610.560.860.62
0.970.670.80.970.730.980.830.440.960.910.950.86-0.170.820.510.960.870.910.940.820.870.710.880.730.76
0.990.670.880.990.840.990.890.560.920.90.960.880.020.880.680.960.910.930.870.720.910.840.90.840.85
0.920.790.960.920.880.910.970.670.810.80.830.97-0.040.960.650.870.910.970.750.780.930.810.980.780.93
0.930.70.950.920.910.930.970.530.870.850.890.98-0.010.970.650.910.930.970.830.780.970.80.970.840.93
0.890.420.660.90.620.90.710.260.980.910.940.75-0.30.70.510.940.870.750.830.680.820.520.760.730.61
0.740.840.70.750.560.750.750.30.690.640.650.84-0.260.720.240.820.720.780.780.680.720.510.80.430.63
0.90.690.910.890.920.90.920.570.880.840.850.940.050.950.710.870.910.930.970.820.720.80.930.810.9
0.820.710.90.780.920.790.830.710.610.640.720.780.450.880.610.710.840.810.80.520.510.80.830.720.93
0.930.810.960.910.890.910.960.690.80.780.820.96-0.040.970.560.880.90.980.970.760.80.930.830.720.93
0.80.330.780.80.820.810.790.350.770.80.860.760.140.780.860.730.840.780.840.730.430.810.720.720.78
0.850.730.990.810.980.820.960.690.680.690.760.920.280.980.620.760.850.930.930.610.630.90.930.930.78
Click cells to compare fundamentals

Hunan Oil Account Relationship Matchups

Hunan Oil fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.6B2.8B3.0B3.5B3.6B
Other Current Liab38.6M87.9M77.5M41.4M47.6M31.7M
Total Current Liabilities886.7M970.5M888.7M976.4M1.1B600.0M
Total Stockholder Equity1.3B1.4B1.6B1.7B2.0B2.1B
Other Liab73.2M67.6M63.9M67.4M77.6M47.0M
Retained Earnings674.3M813.9M925.8M970.2M1.1B1.2B
Accounts Payable355.4M404.0M382.8M445.3M512.1M258.9M
Cash502.4M311.6M270.2M155.8M179.1M176.0M
Other Assets30.1M49.0M33.1M117.5M135.2M141.9M
Long Term Debt128.0M115.6M225.5M201.5M231.7M243.3M
Net Receivables389.9M379.8M515.6M656.0M754.4M792.1M
Inventory258.1M375.8M400.4M415.3M477.6M241.6M
Other Current Assets26.8M39.8M31.7M10.1M11.6M11.0M
Total Liab1.1B1.2B1.2B1.3B1.4B756.2M
Intangible Assets72.1M64.4M68.8M65.0M74.8M63.6M
Common Stock104.9M115.1M160.6M208.8M240.1M252.1M
Property Plant Equipment616.4M663.4M802.2M869.2M999.5M1.0B
Net Tangible Assets741.7M1.2B1.4B1.5B1.7B965.1M
Non Current Assets Total925.7M1.0B1.2B1.4B1.6B956.7M
Non Currrent Assets Other36.0M17.5M93.3M134.3M154.4M162.2M
Non Current Liabilities Total195.5M191.7M297.7M281.1M323.3M192.1M
Short Long Term Debt355.6M398.6M361.9M272.3M313.2M314.0M
Total Current Assets1.5B1.6B1.6B1.6B1.9B1.2B
Non Current Liabilities Other17.4M17.1M16.1M21.0M24.2M19.4M
Deferred Long Term Liab952.0K663.8K486.8K309.8K278.8K440.2K
Net Invested Capital1.8B2.0B2.1B2.2B2.5B1.8B
Net Working Capital594.0M608.4M684.4M658.7M757.5M495.3M
Capital Stock115.1M160.6M208.8M208.1M239.3M161.0M
Property Plant And Equipment Net663.4M802.2M869.2M999.2M1.1B869.1M
Property Plant And Equipment Gross1.1B1.2B1.4B1.6B1.8B1.4B

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Other Information on Investing in Hunan Stock

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