Tianjin Minority Interest vs Gross Profit Analysis

002887 Stock   7.19  0.15  2.13%   
Tianjin LVYIN financial indicator trend analysis is much more than just breaking down Tianjin LVYIN Landscape prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin LVYIN Landscape is a good investment. Please check the relationship between Tianjin LVYIN Minority Interest and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin LVYIN Landscape. 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 Gross Profit

Minority Interest vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin LVYIN Landscape Minority Interest account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tianjin LVYIN's Minority Interest and Gross Profit is 0.58. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Tianjin LVYIN Landscape, assuming nothing else is changed. The correlation between historical values of Tianjin LVYIN's Minority Interest and Gross Profit 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 Tianjin LVYIN Landscape are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., Tianjin LVYIN's Minority Interest and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

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 LVYIN Landscape whose combined shares represent less than 50% of the total outstanding shares issued by Tianjin LVYIN have a minority interest in Tianjin LVYIN.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tianjin LVYIN Landscape minus its cost of goods sold. It is profit before Tianjin LVYIN operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Tianjin LVYIN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin LVYIN Landscape 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 LVYIN Landscape. 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.
The current year's Tax Provision is expected to grow to about 34 M, whereas Selling General Administrative is forecasted to decline to about 11.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit226.6M248.4M154.7M202.2M
Total Revenue585.1M586.7M400.3M512.6M

Tianjin LVYIN fundamental ratios Correlations

0.70.770.94-0.570.770.830.860.20.680.75-0.330.640.890.850.860.91-0.880.820.90.75-0.68-0.680.930.780.9
0.70.970.81-0.860.930.590.940.570.760.990.030.840.850.880.80.79-0.660.530.810.95-0.32-0.320.820.510.84
0.770.970.89-0.840.970.620.980.60.860.980.080.880.920.950.810.87-0.760.560.890.95-0.35-0.350.90.570.91
0.940.810.89-0.630.890.710.930.460.850.86-0.060.750.950.950.780.91-0.910.780.930.82-0.62-0.620.950.640.98
-0.57-0.86-0.84-0.63-0.72-0.43-0.76-0.53-0.59-0.840.17-0.76-0.63-0.69-0.72-0.610.4-0.47-0.62-0.850.340.34-0.64-0.53-0.61
0.770.930.970.89-0.720.710.960.550.840.930.110.840.960.980.760.9-0.770.550.920.87-0.29-0.290.920.530.94
0.830.590.620.71-0.430.710.73-0.070.420.59-0.390.480.810.760.80.87-0.650.590.820.58-0.34-0.340.840.720.74
0.860.940.980.93-0.760.960.730.50.870.960.00.880.960.970.880.94-0.820.60.960.95-0.38-0.380.960.690.94
0.20.570.60.46-0.530.55-0.070.50.680.580.460.610.40.540.290.3-0.270.130.390.57-0.1-0.10.360.110.46
0.680.760.860.85-0.590.840.420.870.680.810.350.830.850.860.620.79-0.760.440.860.81-0.29-0.290.830.50.86
0.750.990.980.86-0.840.930.590.960.580.810.00.880.860.890.820.81-0.710.580.840.98-0.39-0.390.860.570.86
-0.330.030.08-0.060.170.11-0.390.00.460.350.00.070.040.05-0.3-0.07-0.09-0.490.01-0.030.570.57-0.08-0.410.04
0.640.840.880.75-0.760.840.480.880.610.830.880.070.770.80.730.77-0.560.320.810.92-0.18-0.180.80.690.73
0.890.850.920.95-0.630.960.810.960.40.850.860.040.770.980.80.97-0.880.640.980.82-0.39-0.390.980.630.98
0.850.880.950.95-0.690.980.760.970.540.860.890.050.80.980.810.94-0.830.640.960.85-0.4-0.40.960.610.98
0.860.80.810.78-0.720.760.80.880.290.620.82-0.30.730.80.810.88-0.690.560.860.88-0.4-0.40.870.870.76
0.910.790.870.91-0.610.90.870.940.30.790.81-0.070.770.970.940.88-0.850.580.990.82-0.34-0.340.990.780.93
-0.88-0.66-0.76-0.910.4-0.77-0.65-0.82-0.27-0.76-0.71-0.09-0.56-0.88-0.83-0.69-0.85-0.66-0.86-0.670.50.5-0.87-0.54-0.91
0.820.530.560.78-0.470.550.590.60.130.440.58-0.490.320.640.640.560.58-0.660.570.5-0.93-0.930.660.410.72
0.90.810.890.93-0.620.920.820.960.390.860.840.010.810.980.960.860.99-0.860.570.85-0.34-0.340.990.750.95
0.750.950.950.82-0.850.870.580.950.570.810.98-0.030.920.820.850.880.82-0.670.50.85-0.34-0.340.850.70.8
-0.68-0.32-0.35-0.620.34-0.29-0.34-0.38-0.1-0.29-0.390.57-0.18-0.39-0.4-0.4-0.340.5-0.93-0.34-0.341.0-0.44-0.33-0.5
-0.68-0.32-0.35-0.620.34-0.29-0.34-0.38-0.1-0.29-0.390.57-0.18-0.39-0.4-0.4-0.340.5-0.93-0.34-0.341.0-0.44-0.33-0.5
0.930.820.90.95-0.640.920.840.960.360.830.86-0.080.80.980.960.870.99-0.870.660.990.85-0.44-0.440.760.96
0.780.510.570.64-0.530.530.720.690.110.50.57-0.410.690.630.610.870.78-0.540.410.750.7-0.33-0.330.760.57
0.90.840.910.98-0.610.940.740.940.460.860.860.040.730.980.980.760.93-0.910.720.950.8-0.5-0.50.960.57
Click cells to compare fundamentals

Tianjin LVYIN Account Relationship Matchups

Tianjin LVYIN fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab281.0K526.3K11.4M39.4M45.4M47.6M
Net Tangible Assets1.7B1.9B2.1B2.2B2.5B1.7B
Retained Earnings768.1M997.5M1.0B1.0B1.1B789.6M
Other Assets67.0M468.6M1.3B1.5B1.7B1.8B
Deferred Long Term Liab530.5K347.2K782.0K530.8K477.7K543.9K
Common Stock80M160M208M312M358.8M187.3M
Property Plant Equipment42.9M38.6M36.2M60.9M70.0M46.4M
Total Assets3.0B3.6B4.4B4.9B4.5B3.6B
Other Current Liab287.5M256.1M187.3M78.8M80.8M153.5M
Total Current Liabilities708.5M828.2M683.0M846.8M650.5M706.9M
Total Stockholder Equity1.9B2.1B2.2B2.4B2.4B2.1B
Accounts Payable389.6M485.9M371.4M379.6M326.3M303.2M
Cash1.1B1.0B1.3B1.6B546.1M921.2M
Non Current Assets Total561.7M1.4B1.6B1.9B2.1B1.1B
Non Currrent Assets Other561.7M807.7M967.5M905.0M1.1B636.9M
Net Receivables808.0M602.2M1.2B1.0B1.0B926.0M
Non Current Liabilities Total300.8M600.3M1.5B1.6B1.4B734.8M
Inventory301.6M2.0M1.8M1.3M1.4M1.4M
Other Current Assets38.8M98.3M94.6M151.2M692.5M727.1M
Total Liab1.0B1.4B2.1B2.4B2.0B1.4B
Total Current Assets2.4B2.2B2.8B2.9B2.4B2.5B
Net Invested Capital2.2B2.7B3.6B4.0B3.7B3.1B
Net Working Capital1.7B1.4B2.1B2.1B1.7B1.9B

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Other Information on Investing in Tianjin Stock

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