Shenzhen Depreciation And Amortization vs Minority Interest Analysis

002822 Stock   4.43  0.04  0.89%   
Shenzhen Zhongzhuang financial indicator trend analysis is much more than just breaking down Shenzhen Zhongzhuang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Zhongzhuang is a good investment. Please check the relationship between Shenzhen Zhongzhuang Depreciation And Amortization and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Zhongzhuang Construction. 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.

Depreciation And Amortization vs Minority Interest

Depreciation And Amortization vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Zhongzhuang Depreciation And Amortization account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Shenzhen Zhongzhuang's Depreciation And Amortization and Minority Interest is 0.0. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Shenzhen Zhongzhuang Construction, assuming nothing else is changed. The correlation between historical values of Shenzhen Zhongzhuang's Depreciation And Amortization 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 Depreciation And Amortization of Shenzhen Zhongzhuang Construction 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 Depreciation And Amortization i.e., Shenzhen Zhongzhuang's Depreciation And Amortization and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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 Zhongzhuang Construction whose combined shares represent less than 50% of the total outstanding shares issued by Shenzhen Zhongzhuang have a minority interest in Shenzhen Zhongzhuang.
Most indicators from Shenzhen Zhongzhuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Zhongzhuang 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 Zhongzhuang Construction. 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 41.2 M. The current year's Tax Provision is expected to grow to about (17.6 K)
 2021 2022 2023 2024 (projected)
Interest Expense106.9M119.9M104.0M63.0M
Depreciation And Amortization64.9M76.7M86.6M91.0M

Shenzhen Zhongzhuang fundamental ratios Correlations

0.980.711.00.980.550.770.680.710.880.980.780.850.760.270.780.80.920.410.730.850.780.940.991.00.96
0.980.730.960.920.590.790.640.770.810.940.720.860.820.310.780.750.880.410.790.860.780.870.990.970.93
0.710.730.690.650.560.640.130.590.640.70.470.660.650.830.550.510.680.130.630.620.520.550.730.70.65
1.00.960.690.980.520.750.70.70.890.980.780.840.720.240.770.80.910.410.690.840.760.930.980.990.97
0.980.920.650.980.440.680.670.590.940.940.880.770.650.190.70.890.890.350.610.790.740.970.940.990.98
0.550.590.560.520.440.940.580.910.240.610.130.870.640.340.850.150.540.260.890.870.820.460.60.50.39
0.770.790.640.750.680.940.740.960.50.80.390.980.80.280.960.420.760.330.950.970.910.680.810.740.64
0.680.640.130.70.670.580.740.730.520.70.470.80.6-0.290.830.470.650.570.670.820.790.690.680.680.63
0.710.770.590.70.590.910.960.730.430.730.280.960.840.280.930.320.660.450.960.950.860.550.770.670.59
0.880.810.640.890.940.240.50.520.430.820.910.620.560.240.540.920.780.320.440.630.570.860.820.910.95
0.980.940.70.980.940.610.80.70.730.820.690.860.70.270.810.710.950.380.720.870.790.920.970.970.91
0.780.720.470.780.880.130.390.470.280.910.690.490.450.020.41.00.670.140.360.520.510.850.70.830.88
0.850.860.660.840.770.870.980.80.960.620.860.490.850.270.970.530.810.440.940.990.920.750.880.820.75
0.760.820.650.720.650.640.80.60.840.560.70.450.850.390.820.520.750.50.910.80.730.570.80.730.65
0.270.310.830.240.190.340.28-0.290.280.240.270.020.270.390.210.080.310.110.330.220.140.080.310.240.18
0.780.780.550.770.70.850.960.830.930.540.810.40.970.820.210.440.790.450.90.950.890.70.810.750.66
0.80.750.510.80.890.150.420.470.320.920.711.00.530.520.080.440.710.160.410.550.520.850.730.850.89
0.920.880.680.910.890.540.760.650.660.780.950.670.810.750.310.790.710.380.70.790.730.870.920.920.82
0.410.410.130.410.350.260.330.570.450.320.380.140.440.50.110.450.160.380.390.450.40.270.430.390.35
0.730.790.630.690.610.890.950.670.960.440.720.360.940.910.330.90.410.70.390.920.860.580.780.690.59
0.850.860.620.840.790.870.970.820.950.630.870.520.990.80.220.950.550.790.450.920.930.770.870.830.76
0.780.780.520.760.740.820.910.790.860.570.790.510.920.730.140.890.520.730.40.860.930.750.790.760.68
0.940.870.550.930.970.460.680.690.550.860.920.850.750.570.080.70.850.870.270.580.770.750.890.950.92
0.990.990.730.980.940.60.810.680.770.820.970.70.880.80.310.810.730.920.430.780.870.790.890.980.92
1.00.970.70.990.990.50.740.680.670.910.970.830.820.730.240.750.850.920.390.690.830.760.950.980.97
0.960.930.650.970.980.390.640.630.590.950.910.880.750.650.180.660.890.820.350.590.760.680.920.920.97
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Shenzhen Zhongzhuang Account Relationship Matchups

Shenzhen Zhongzhuang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B7.3B9.2B9.6B8.1B5.1B
Short Long Term Debt Total1.3B1.5B2.8B2.9B2.6B1.3B
Other Current Liab239.1M105.9M230.2M884.5M159.7M161.3M
Total Current Liabilities3.0B3.8B4.2B4.4B3.8B2.5B
Total Stockholder Equity2.9B3.3B3.7B3.6B2.8B2.2B
Other Liab16.5M18.8M11.6M242.1M278.4M292.3M
Property Plant And Equipment Net257.3M393.7M550.7M912.5M950.6M998.2M
Current Deferred Revenue391.5M784.8M783.3M142.1M907.3M952.7M
Net Debt(23.7M)250.6M1.0B1.6B1.9B2.0B
Retained Earnings1.0B1.2B1.3B1.3B472.4M732.5M
Accounts Payable1.2B1.4B1.4B1.6B1.5B986.4M
Cash1.4B1.3B1.8B1.3B641.4M1.0B
Non Current Assets Total667.8M957.1M1.3B1.7B1.8B1.8B
Non Currrent Assets Other23.3M75.0M490.4M394.2M275.0M288.7M
Long Term Debt99.5M133.5M940.6M1.2B1.3B1.4B
Cash And Short Term Investments1.4B1.3B2.0B1.5B648.7M1.1B
Net Receivables3.8B4.7B5.4B5.9B4.9B2.9B
Common Stock Shares Outstanding603.9M698.3M709.2M562.5M716.4M630.0M
Liabilities And Stockholders Equity6.1B7.3B9.2B9.6B8.1B5.1B
Non Current Liabilities Total149.9M18.8M1.2B1.4B1.5B1.5B
Inventory239.3M288.8M371.7M472.0M526.2M552.5M
Other Current Assets9.9M16.0M31.2M41.5M60.5M63.6M
Other Stockholder Equity1.1B1.3B1.3B1.2B1.3B875.1M
Total Liab3.2B3.8B5.4B5.9B5.3B2.9B
Total Current Assets5.4B6.3B7.8B7.9B6.4B4.4B
Short Term Debt1.2B1.5B1.8B1.8B1.2B999.5M
Intangible Assets299.9M339.3M312.4M283.9M254.2M172.6M
Common Stock683.3M721.4M720.5M713.6M713.6M510.4M
Property Plant Equipment257.3M393.7M550.7M912.5M1.0B1.1B
Good Will3.8M85.0M93.2M185.5M176.4M185.2M
Net Tangible Assets2.6B2.9B3.3B3.2B3.6B2.6B
Deferred Long Term Liab1.3M1.3M797.8K1.3M1.2M1.4M
Short Long Term Debt1.2B1.4B1.8B1.7B1.0B1.4B
Non Current Liabilities Other12.5M12.9M7.5M33.0M71.2M74.7M
Short Term Investments(1.3M)29.7M210.7M157.2M7.3M7.0M
Net Invested Capital4.2B4.8B6.4B6.5B5.2B5.3B
Net Working Capital2.4B2.5B3.6B3.5B2.6B2.8B
Capital Stock683.3M721.4M720.5M713.6M713.6M761.3M

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Zhongzhuang at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Zhongzhuang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Zhongzhuang 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.