Shenzhen Research Development vs Minority Interest Analysis

688518 Stock   15.21  0.63  3.98%   
Shenzhen United financial indicator trend analysis is much more than just breaking down Shenzhen United Winners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen United Winners is a good investment. Please check the relationship between Shenzhen United Research Development and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen United Winners. 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 Shenzhen United Winners Research Development account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen United's Research Development and Minority Interest is 0.4. 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 Shenzhen United Winners, assuming nothing else is changed. The correlation between historical values of Shenzhen United'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 Shenzhen United Winners 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., Shenzhen United's Research Development and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
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 Shenzhen United Winners whose combined shares represent less than 50% of the total outstanding shares issued by Shenzhen United have a minority interest in Shenzhen United.
Most indicators from Shenzhen United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen United Winners 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 Shenzhen United Winners. 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 325.6 M, whereas Tax Provision is forecasted to decline to about 19.7 M.
 2022 2024 2025 (projected)
Interest Expense3.7M8.5M8.9M
Depreciation And Amortization117.7M135.3M142.1M

Shenzhen United fundamental ratios Correlations

0.910.060.990.980.990.140.991.00.941.00.550.88-0.530.98-0.570.820.991.00.90.860.820.41-0.860.920.98
0.910.060.920.870.90.460.90.90.850.910.30.8-0.610.91-0.260.680.920.911.00.80.720.38-0.670.760.92
0.060.060.15-0.070.05-0.23-0.020.12-0.280.090.330.22-0.040.2-0.120.340.150.050.050.20.310.68-0.10.260.11
0.990.920.150.950.990.190.971.00.91.00.510.87-0.491.0-0.560.811.00.990.910.850.810.52-0.830.920.99
0.980.87-0.070.950.970.080.990.960.970.970.590.88-0.580.94-0.590.820.950.990.870.860.830.26-0.880.90.94
0.990.90.050.990.970.180.991.00.941.00.490.84-0.470.98-0.580.790.990.990.90.840.770.46-0.830.910.99
0.140.46-0.230.190.080.180.140.160.180.17-0.69-0.040.00.190.34-0.250.190.140.470.03-0.190.170.3-0.120.26
0.990.9-0.020.970.990.990.140.980.960.990.550.87-0.570.96-0.60.810.970.990.890.870.810.33-0.870.90.97
1.00.90.121.00.961.00.160.980.911.00.530.86-0.480.99-0.590.811.00.990.90.850.80.5-0.840.920.99
0.940.85-0.280.90.970.940.180.960.910.920.450.77-0.510.88-0.510.680.90.940.840.760.70.16-0.820.80.9
1.00.910.091.00.971.00.170.991.00.920.520.86-0.50.99-0.590.811.01.00.90.860.80.47-0.840.920.99
0.550.30.330.510.590.49-0.690.550.530.450.520.72-0.520.51-0.580.830.510.560.290.640.830.08-0.820.730.43
0.880.80.220.870.880.84-0.040.870.860.770.860.72-0.60.87-0.520.960.860.880.790.960.980.27-0.790.920.81
-0.53-0.61-0.04-0.49-0.58-0.470.0-0.57-0.48-0.51-0.5-0.52-0.6-0.470.23-0.55-0.49-0.54-0.61-0.59-0.670.150.66-0.47-0.44
0.980.910.21.00.940.980.190.960.990.880.990.510.87-0.47-0.540.811.00.980.910.840.810.56-0.810.920.99
-0.57-0.26-0.12-0.56-0.59-0.580.34-0.6-0.59-0.51-0.59-0.58-0.520.23-0.54-0.59-0.56-0.57-0.25-0.54-0.52-0.310.65-0.65-0.56
0.820.680.340.810.820.79-0.250.810.810.680.810.830.96-0.550.81-0.590.810.820.670.950.970.31-0.830.940.75
0.990.920.151.00.950.990.190.971.00.91.00.510.86-0.491.0-0.560.810.990.910.850.80.52-0.820.920.99
1.00.910.050.990.990.990.140.990.990.941.00.560.88-0.540.98-0.570.820.990.90.870.830.4-0.860.920.98
0.91.00.050.910.870.90.470.890.90.840.90.290.79-0.610.91-0.250.670.910.90.790.710.37-0.670.750.91
0.860.80.20.850.860.840.030.870.850.760.860.640.96-0.590.84-0.540.950.850.870.790.930.27-0.760.910.82
0.820.720.310.810.830.77-0.190.810.80.70.80.830.98-0.670.81-0.520.970.80.830.710.930.23-0.830.90.74
0.410.380.680.520.260.460.170.330.50.160.470.080.270.150.56-0.310.310.520.40.370.270.23-0.250.480.54
-0.86-0.67-0.1-0.83-0.88-0.830.3-0.87-0.84-0.82-0.84-0.82-0.790.66-0.810.65-0.83-0.82-0.86-0.67-0.76-0.83-0.25-0.88-0.79
0.920.760.260.920.90.91-0.120.90.920.80.920.730.92-0.470.92-0.650.940.920.920.750.910.90.48-0.880.89
0.980.920.110.990.940.990.260.970.990.90.990.430.81-0.440.99-0.560.750.990.980.910.820.740.54-0.790.89
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Shenzhen United Account Relationship Matchups

Shenzhen United fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.5B4.0B5.7B7.0B8.0B8.4B
Short Long Term Debt Total42.5M3.4M40.1M242.6M278.9M292.9M
Other Current Liab597.9M1.4B2.0B62.2M71.6M68.0M
Total Current Liabilities1.1B2.5B3.9B3.9B4.5B4.8B
Total Stockholder Equity1.4B1.5B1.8B3.0B3.5B3.6B
Property Plant And Equipment Net119.5M323.8M579.7M731.2M840.9M882.9M
Net Debt(58.1M)(305.9M)(209.1M)(34.3M)(30.9M)(32.4M)
Retained Earnings329.0M378.7M580.7M801.3M921.5M967.6M
Accounts Payable486.0M1.1B1.6B1.7B2.0B2.1B
Cash309.3M249.2M276.9M986.3M1.1B1.2B
Non Current Assets Total213.8M490.5M831.0M951.8M1.1B1.1B
Cash And Short Term Investments219.4M864.7M653.5M372.2M428.0M387.2M
Common Stock Shares Outstanding257.6M296.8M300.9M339.0M389.8M270.1M
Liabilities And Stockholders Equity1.6B2.5B4.0B5.7B6.5B6.8B
Non Current Liabilities Total12.8M22.5M15.6M17.8M16.0M13.8M
Inventory775.1M1.8B2.6B2.5B2.9B3.0B
Other Current Assets20.5M50.4M77.2M22.8M20.5M19.5M
Other Stockholder Equity387.7M812.8M841.0M898.3M1.0B546.9M
Total Liab1.1B2.5B3.9B4.0B4.6B4.8B
Total Current Assets2.3B3.5B4.8B6.0B6.9B7.3B
Short Term Debt41.2M717.1K30.2M238.8M274.6M288.3M
Intangible Assets67.5M68.1M104.6M113.1M130.0M71.8M
Non Currrent Assets Other12.0M67.4M107.9M42.3M48.6M51.6M
Long Term Debt2.7M1.9M1.4M1.7M1.5M1.4M
Net Receivables354.8M542.4M1.1B1.5B1.7B1.8B
Short Term Investments555.4M404.3M95.3M392.2M451.0M344.5M
Net Invested Capital1.4B1.6B2.0B3.3B3.7B2.0B
Short Long Term Debt717.1K30.2M238.8M241.9M278.2M292.2M
Net Working Capital1.2B1.1B964.9M2.1B2.4B1.3B

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Other Information on Investing in Shenzhen Stock

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