Hithink Cost Of Revenue vs Minority Interest Analysis

300033 Stock   305.83  0.83  0.27%   
Hithink RoyalFlush financial indicator trend analysis is much more than just examining Hithink RoyalFlush Info latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hithink RoyalFlush Info is a good investment. Please check the relationship between Hithink RoyalFlush Cost Of Revenue and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hithink RoyalFlush Info. 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.

Cost Of Revenue vs Minority Interest

Cost Of Revenue vs Minority Interest Correlation Analysis

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

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Hithink RoyalFlush Info income statement and represents the costs associated with goods and services Hithink RoyalFlush provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Hithink RoyalFlush Info whose combined shares represent less than 50% of the total outstanding shares issued by Hithink RoyalFlush have a minority interest in Hithink RoyalFlush.
Most indicators from Hithink RoyalFlush's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hithink RoyalFlush Info 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 Hithink RoyalFlush Info. 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 Selling General Administrative is expected to grow to about 203.4 M. The current year's Tax Provision is expected to grow to about 111.4 M
 2021 2022 2023 2024 (projected)
Operating Income1.9B1.7B1.3B816.8M
Total Revenue3.5B3.6B3.6B3.7B

Hithink RoyalFlush fundamental ratios Correlations

0.280.961.00.850.991.0-0.090.51-0.170.970.70.960.930.610.90.410.1-0.810.910.860.13-0.780.76-0.820.78
0.280.320.260.090.280.290.320.72-0.250.310.70.10.21-0.480.21-0.56-0.31-0.370.210.070.29-0.210.16-0.320.17
0.960.320.940.820.930.97-0.050.62-0.231.00.740.920.870.630.810.40.07-0.750.830.770.12-0.710.71-0.740.72
1.00.260.940.841.00.99-0.10.47-0.160.940.680.960.940.590.910.410.11-0.820.920.870.14-0.790.76-0.830.78
0.850.090.820.840.850.86-0.210.18-0.10.840.420.820.950.580.80.51-0.02-0.550.860.840.1-0.740.95-0.610.95
0.990.280.931.00.850.99-0.090.45-0.180.930.670.950.940.560.920.390.09-0.820.940.880.15-0.80.77-0.840.79
1.00.290.970.990.860.99-0.070.51-0.180.970.70.960.940.60.90.410.07-0.80.920.860.12-0.770.77-0.810.79
-0.090.32-0.05-0.1-0.21-0.09-0.070.46-0.04-0.06-0.01-0.17-0.03-0.29-0.07-0.12-0.630.27-0.02-0.08-0.440.14-0.170.24-0.17
0.510.720.620.470.180.450.510.46-0.20.60.830.380.330.090.37-0.19-0.25-0.470.360.240.07-0.240.15-0.410.17
-0.17-0.25-0.23-0.16-0.1-0.18-0.18-0.04-0.2-0.22-0.26-0.18-0.12-0.02-0.130.060.050.19-0.13-0.09-0.050.08-0.070.19-0.07
0.970.311.00.940.840.930.97-0.060.6-0.220.730.920.880.630.820.410.07-0.750.840.780.12-0.720.73-0.740.74
0.70.70.740.680.420.670.7-0.010.83-0.260.730.590.520.220.63-0.190.03-0.780.570.470.37-0.50.42-0.690.44
0.960.10.920.960.820.950.96-0.170.38-0.180.920.590.870.730.870.590.28-0.730.870.870.01-0.730.7-0.730.71
0.930.210.870.940.950.940.94-0.030.33-0.120.880.520.870.520.890.42-0.1-0.680.940.890.1-0.80.91-0.740.92
0.61-0.480.630.590.580.560.6-0.290.09-0.020.630.220.730.520.580.780.38-0.370.560.64-0.18-0.410.45-0.360.46
0.90.210.810.910.80.920.9-0.070.37-0.130.820.630.870.890.580.40.07-0.730.990.970.1-0.850.82-0.760.84
0.41-0.560.40.410.510.390.41-0.12-0.190.060.41-0.190.590.420.780.40.340.060.440.58-0.53-0.290.37-0.020.37
0.1-0.310.070.11-0.020.090.07-0.63-0.250.050.070.030.28-0.10.380.070.34-0.22-0.010.10.06-0.12-0.130.03-0.12
-0.81-0.37-0.75-0.82-0.55-0.82-0.80.27-0.470.19-0.75-0.78-0.73-0.68-0.37-0.730.06-0.22-0.68-0.56-0.480.64-0.50.89-0.52
0.910.210.830.920.860.940.92-0.020.36-0.130.840.570.870.940.560.990.44-0.01-0.680.970.07-0.870.87-0.750.88
0.860.070.770.870.840.880.86-0.080.24-0.090.780.470.870.890.640.970.580.1-0.560.97-0.06-0.820.86-0.620.87
0.130.290.120.140.10.150.12-0.440.07-0.050.120.370.010.1-0.180.1-0.530.06-0.480.07-0.06-0.430.14-0.480.16
-0.78-0.21-0.71-0.79-0.74-0.8-0.770.14-0.240.08-0.72-0.5-0.73-0.8-0.41-0.85-0.29-0.120.64-0.87-0.82-0.43-0.760.68-0.78
0.760.160.710.760.950.770.77-0.170.15-0.070.730.420.70.910.450.820.37-0.13-0.50.870.860.14-0.76-0.571.0
-0.82-0.32-0.74-0.83-0.61-0.84-0.810.24-0.410.19-0.74-0.69-0.73-0.74-0.36-0.76-0.020.030.89-0.75-0.62-0.480.68-0.57-0.6
0.780.170.720.780.950.790.79-0.170.17-0.070.740.440.710.920.460.840.37-0.12-0.520.880.870.16-0.781.0-0.6
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Hithink RoyalFlush Account Relationship Matchups

Hithink RoyalFlush fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B7.2B8.5B9.0B9.8B10.3B
Other Current Liab904.3M1.0B1.2B1.2B333.7K317.0K
Total Current Liabilities1.2B1.8B2.0B1.7B2.4B2.5B
Total Stockholder Equity4.0B5.2B6.5B7.2B7.3B7.7B
Other Liab3.0M140.8M69.4M99.7M114.6M120.3M
Retained Earnings3.1B4.3B5.6B6.3B6.0B6.3B
Cash4.0B6.1B7.3B7.5B8.2B8.6B
Other Assets734.1K502.6K13.8M990.8K1.1M1.1M
Net Receivables54.3M43.7M78.9M37.8M54.1M40.7M
Other Current Assets10.5M9.7M2.6M7.2M9.6M7.6M
Total Liab1.2B1.9B2.0B1.8B2.5B2.7B
Property Plant Equipment534.8M575.9M769.0M1.0B1.2B1.3B
Intangible Assets76.9M363.2M355.2M347.2M339.3M356.2M
Net Tangible Assets3.9B4.9B6.1B6.9B7.9B4.5B
Accounts Payable41.4M43.8M79.1M110.2M165.1M173.4M
Other Stockholder Equity16.6M(16.3M)(29.9M)15.1M13.6M14.3M
Deferred Long Term Liab55.0K266.2K480.1K155.3K139.8K132.8K
Total Current Assets4.6B6.2B7.4B7.6B8.3B5.9B
Non Current Assets Total617.5M946.5M1.1B1.4B1.6B992.5M
Non Currrent Assets Other531.6M617.5M575.9M12.5M14.4M13.7M
Non Current Liabilities Total3.0M140.8M69.4M100.6M109.6M61.2M
Non Current Liabilities Other1.2M139.1M68.4M99.1M109.1M58.3M
Net Invested Capital4.0B5.2B6.5B7.2B7.3B5.8B
Net Working Capital3.4B4.4B5.4B5.9B5.8B4.8B

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Other Information on Investing in Hithink Stock

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