002822 Stock | | | 4.47 0.02 0.45% |
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 Minority Interest and its Selling And Marketing Expenses 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.
Minority Interest vs Selling And Marketing Expenses
Minority Interest vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Zhongzhuang Minority Interest account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Shenzhen Zhongzhuang's Minority Interest and Selling And Marketing Expenses is 0.33. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling And Marketing Expenses 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 Minority Interest and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Shenzhen Zhongzhuang Construction are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Minority Interest i.e., Shenzhen Zhongzhuang's Minority Interest and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Selling And Marketing Expenses
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)
Shenzhen Zhongzhuang fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Zhongzhuang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Zhongzhuang fundamental ratios Accounts
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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.