TianJin Research Development vs Minority Interest Analysis

603712 Stock   19.89  0.32  1.64%   
TianJin 712 financial indicator trend analysis is much more than just breaking down TianJin 712 Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TianJin 712 Communication is a good investment. Please check the relationship between TianJin 712 Research Development and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TianJin 712 Communication. 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.

Research Development vs Minority Interest

Research Development vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TianJin 712 Communication Research Development account and Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TianJin 712's Research Development and Minority Interest is -0.61. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Minority Interest in the same time period over historical financial statements of TianJin 712 Communication, assuming nothing else is changed. The correlation between historical values of TianJin 712's Research Development 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 Research Development of TianJin 712 Communication 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 Research Development i.e., TianJin 712's Research Development and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Research Development

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 TianJin 712 Communication whose combined shares represent less than 50% of the total outstanding shares issued by TianJin 712 have a minority interest in TianJin 712.
Most indicators from TianJin 712's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TianJin 712 Communication 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 TianJin 712 Communication. 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 March 7, 2025, Selling General Administrative is expected to decline to about 143.5 M. The current year's Tax Provision is expected to grow to about (36.7 M)
 2022 2023 2024 2025 (projected)
Operating Income826.4M470.5M541.1M439.8M
Total Revenue4.0B3.3B3.8B2.5B

TianJin 712 fundamental ratios Correlations

0.130.980.990.850.730.990.920.950.690.860.970.791.00.940.790.940.860.990.930.20.410.23-0.680.99-0.86
0.130.280.06-0.09-0.280.18-0.030.04-0.29-0.130.33-0.170.20.280.38-0.020.120.22-0.080.45-0.680.48-0.670.08-0.33
0.980.280.950.830.670.990.860.910.610.821.00.780.990.950.820.890.880.980.860.260.270.3-0.770.97-0.9
0.990.060.950.850.750.980.940.940.710.880.940.770.980.920.760.940.830.980.950.180.460.21-0.640.99-0.84
0.85-0.090.830.850.890.850.710.850.910.920.820.750.850.860.590.890.920.830.90.00.68-0.06-0.580.88-0.7
0.73-0.280.670.750.890.730.660.760.840.840.650.70.70.660.290.760.740.720.850.080.79-0.22-0.480.8-0.55
0.990.180.990.980.850.730.890.950.650.830.980.811.00.930.770.930.880.990.920.220.360.21-0.710.99-0.86
0.92-0.030.860.940.710.660.890.810.640.840.850.680.90.830.770.820.620.90.850.340.480.33-0.540.91-0.81
0.950.040.910.940.850.760.950.810.70.760.890.840.940.860.610.970.90.930.960.040.46-0.03-0.580.95-0.68
0.69-0.290.610.710.910.840.650.640.70.870.60.530.660.710.450.770.690.630.82-0.050.86-0.17-0.380.71-0.5
0.86-0.130.820.880.920.840.830.840.760.870.810.630.840.860.720.830.760.840.850.110.680.2-0.580.88-0.83
0.970.331.00.940.820.650.980.850.890.60.810.740.990.950.830.880.870.980.850.260.250.31-0.80.96-0.91
0.79-0.170.780.770.750.70.810.680.840.530.630.740.790.630.410.780.830.760.760.00.4-0.14-0.320.82-0.54
1.00.20.990.980.850.71.00.90.940.660.840.990.790.950.810.930.880.990.910.230.350.25-0.720.99-0.87
0.940.280.950.920.860.660.930.830.860.710.860.950.630.950.870.890.840.940.870.240.350.36-0.770.92-0.89
0.790.380.820.760.590.290.770.770.610.450.720.830.410.810.870.670.60.790.590.260.080.64-0.650.73-0.89
0.94-0.020.890.940.890.760.930.820.970.770.830.880.780.930.890.670.890.910.97-0.020.540.0-0.540.94-0.69
0.860.120.880.830.920.740.880.620.90.690.760.870.830.880.840.60.890.850.84-0.080.38-0.04-0.630.87-0.7
0.990.220.980.980.830.720.990.90.930.630.840.980.760.990.940.790.910.850.910.240.340.27-0.760.99-0.89
0.93-0.080.860.950.90.850.920.850.960.820.850.850.760.910.870.590.970.840.910.080.64-0.04-0.560.95-0.68
0.20.450.260.180.00.080.220.340.04-0.050.110.260.00.230.240.26-0.02-0.080.240.08-0.110.44-0.490.2-0.33
0.41-0.680.270.460.680.790.360.480.460.860.680.250.40.350.350.080.540.380.340.64-0.11-0.4-0.010.47-0.17
0.230.480.30.21-0.06-0.220.210.33-0.03-0.170.20.31-0.140.250.360.640.0-0.040.27-0.040.44-0.4-0.390.17-0.61
-0.68-0.67-0.77-0.64-0.58-0.48-0.71-0.54-0.58-0.38-0.58-0.8-0.32-0.72-0.77-0.65-0.54-0.63-0.76-0.56-0.49-0.01-0.39-0.680.79
0.990.080.970.990.880.80.990.910.950.710.880.960.820.990.920.730.940.870.990.950.20.470.17-0.68-0.84
-0.86-0.33-0.9-0.84-0.7-0.55-0.86-0.81-0.68-0.5-0.83-0.91-0.54-0.87-0.89-0.89-0.69-0.7-0.89-0.68-0.33-0.17-0.610.79-0.84
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TianJin 712 Account Relationship Matchups

TianJin 712 fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.9B8.6B9.8B9.8B11.2B6.3B
Other Current Liab1.2B1.4B36.6M87.2M100.3M95.3M
Total Current Liabilities3.7B4.9B5.0B4.2B4.8B3.2B
Total Stockholder Equity3.0B3.6B4.3B4.7B5.4B2.9B
Other Liab17.5M17.8M21.7M48.3M55.5M58.3M
Retained Earnings1.3B1.9B2.3B2.7B3.1B3.2B
Accounts Payable2.3B3.2B3.5B3.2B3.7B1.9B
Cash798.2M397.4M894.0M999.1M1.1B576.8M
Other Assets35.1M36.2M44.9M74.0M85.1M44.8M
Net Receivables1.6B2.0B2.8B3.3B3.8B4.0B
Inventory2.8B3.7B3.5B3.1B3.5B2.5B
Other Current Assets53.5M109.4M270.4M119.0M136.8M74.6M
Total Liab3.9B5.0B5.4B5.0B5.8B3.4B
Intangible Assets59.0M65.7M60.8M60.8M69.9M60.7M
Property Plant Equipment554.7M579.8M580.8M733.9M844.0M644.6M
Net Tangible Assets2.2B2.5B2.9B3.6B4.1B2.6B
Non Current Assets Total825.7M1.0B1.0B1.2B1.3B945.6M
Non Currrent Assets Other590.1M1.3M11.3M47.1M54.2M94.5M
Non Current Liabilities Total121.7M86.4M458.0M792.5M911.3M956.9M
Deferred Long Term Liab15.7M12.3M15.1M5.0M5.8M5.5M
Short Long Term Debt170M110M366.2M300.2M270.2M243.1M
Total Current Assets6.0B7.5B8.8B8.6B9.9B6.2B
Net Invested Capital3.3B3.7B5.1B5.7B6.6B4.0B
Net Working Capital2.3B2.7B3.8B4.4B5.0B2.8B
Property Plant And Equipment Net580.8M732.1M737.2M709.8M816.3M734.7M
Property Plant And Equipment Gross915.8M1.1B1.2B709.8M638.8M767.2M

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Other Information on Investing in TianJin Stock

Balance Sheet is a snapshot of the financial position of TianJin 712 Communication at a specified time, usually calculated after every quarter, six months, or one year. TianJin 712 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TianJin 712 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 TianJin currently owns. An asset can also be divided into two categories, current and non-current.