Hubei Minority Interest vs Cost Of Revenue Analysis

300054 Stock   27.30  0.24  0.87%   
Hubei Dinglong financial indicator trend analysis is much more than just examining Hubei Dinglong Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Dinglong Chemical is a good investment. Please check the relationship between Hubei Dinglong Minority Interest and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Dinglong Chemical. 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 Cost Of Revenue

Minority Interest vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Dinglong Chemical Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hubei Dinglong's Minority Interest and Cost Of Revenue is -0.31. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Hubei Dinglong Chemical, assuming nothing else is changed. The correlation between historical values of Hubei Dinglong's Minority Interest and Cost Of Revenue 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 Hubei Dinglong Chemical are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Hubei Dinglong's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Hubei Dinglong Chemical whose combined shares represent less than 50% of the total outstanding shares issued by Hubei Dinglong have a minority interest in Hubei Dinglong.

Cost Of Revenue

Cost of Revenue is found on Hubei Dinglong Chemical income statement and represents the costs associated with goods and services Hubei Dinglong 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.
Most indicators from Hubei Dinglong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Dinglong Chemical 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 Hubei Dinglong Chemical. 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 236.1 M. The current year's Tax Provision is expected to grow to about 34 M
 2021 2022 2023 2024 (projected)
Operating Income278.9M466.0M353.7M178.3M
Total Revenue2.4B2.7B2.7B2.8B

Hubei Dinglong fundamental ratios Correlations

0.110.870.970.890.980.940.820.960.190.940.830.870.710.950.90.830.70.680.920.830.930.850.80.740.82
0.110.160.150.040.110.130.240.190.40.320.05-0.020.370.110.02-0.07-0.320.310.020.020.110.02-0.120.02-0.2
0.870.160.750.910.780.970.540.93-0.130.90.80.980.510.70.960.870.840.360.690.490.710.510.820.70.92
0.970.150.750.80.980.840.890.90.360.90.770.730.760.980.790.740.540.780.930.910.960.930.70.690.68
0.890.040.910.80.840.940.660.89-0.220.910.910.930.60.740.930.870.760.330.820.560.840.690.870.810.91
0.980.110.780.980.840.880.840.940.240.910.790.790.720.960.850.780.620.720.930.890.940.90.770.760.75
0.940.130.970.840.940.880.650.98-0.080.950.870.960.590.790.980.90.80.450.810.630.820.650.860.810.91
0.820.240.540.890.660.840.650.720.40.770.670.520.810.880.60.550.280.70.910.820.930.910.630.60.46
0.960.190.930.90.890.940.980.720.060.970.850.90.680.870.950.860.720.560.840.730.850.720.820.80.84
0.190.4-0.130.36-0.220.24-0.080.40.060.08-0.2-0.220.30.38-0.19-0.22-0.30.830.190.530.240.37-0.23-0.21-0.3
0.940.320.90.90.910.910.950.770.970.080.890.850.750.860.90.820.60.550.850.690.890.750.780.80.77
0.830.050.80.770.910.790.870.670.85-0.20.890.80.640.710.830.790.580.290.80.570.820.690.780.810.77
0.87-0.020.980.730.930.790.960.520.9-0.220.850.80.440.690.980.890.920.320.710.50.720.530.870.730.98
0.710.370.510.760.60.720.590.810.680.30.750.640.440.780.510.450.150.560.730.650.770.740.510.560.35
0.950.110.70.980.740.960.790.880.870.380.860.710.690.780.750.70.510.770.90.890.930.930.650.610.63
0.90.020.960.790.930.850.980.60.95-0.190.90.830.980.510.750.920.860.350.770.570.770.60.880.80.95
0.83-0.070.870.740.870.780.90.550.86-0.220.820.790.890.450.70.920.790.290.730.560.720.590.830.810.87
0.7-0.320.840.540.760.620.80.280.72-0.30.60.580.920.150.510.860.790.190.550.380.520.350.790.570.96
0.680.310.360.780.330.720.450.70.560.830.550.290.320.560.770.350.290.190.640.870.680.730.280.280.24
0.920.020.690.930.820.930.810.910.840.190.850.80.710.730.90.770.730.550.640.870.980.930.840.80.7
0.830.020.490.910.560.890.630.820.730.530.690.570.50.650.890.570.560.380.870.870.860.90.590.610.48
0.930.110.710.960.840.940.820.930.850.240.890.820.720.770.930.770.720.520.680.980.860.950.780.760.68
0.850.020.510.930.690.90.650.910.720.370.750.690.530.740.930.60.590.350.730.930.90.950.60.610.51
0.8-0.120.820.70.870.770.860.630.82-0.230.780.780.870.510.650.880.830.790.280.840.590.780.60.880.88
0.740.020.70.690.810.760.810.60.8-0.210.80.810.730.560.610.80.810.570.280.80.610.760.610.880.72
0.82-0.20.920.680.910.750.910.460.84-0.30.770.770.980.350.630.950.870.960.240.70.480.680.510.880.72
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Hubei Dinglong Account Relationship Matchups

Hubei Dinglong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.5B5.1B5.6B6.7B7.0B
Other Current Liab31.4M162.7M113.7M150.0M77.5K73.7K
Total Current Liabilities225.2M491.7M577.2M650.6M936.4M983.3M
Total Stockholder Equity3.8B3.5B4.0B4.2B4.5B4.7B
Other Liab54.4M228.8M242.7M279.7M321.6M337.7M
Retained Earnings1.2B1.1B1.2B1.6B1.6B1.7B
Accounts Payable145.7M183.1M254.6M296.2M340.8M357.9M
Cash816.4M1.1B1.0B1.0B1.1B616.2M
Net Receivables490.0M484.2M723.5M837.0M895.8M940.6M
Short Term Investments485.8M245.0M138.0M31.0M66.1M62.8M
Inventory285.6M401.3M523.9M546.9M499.1M524.0M
Other Current Assets40.2M72.3M153.7M104.7M108.7M114.1M
Total Liab303.0M721.0M852.1M1.1B1.8B1.9B
Intangible Assets294.3M380.1M363.6M287.1M284.5M163.6M
Common Stock981.5M933.0M940.6M947.9M1.1B1.1B
Property Plant Equipment492.7M684.5M901.1M1.4B1.6B1.7B
Other Assets154.3M125.2M202.4M282.6M325.0M341.2M
Good Will877.6M905.8M580.9M537.2M617.8M677.7M
Net Tangible Assets2.6B2.6B3.1B3.4B3.9B2.6B
Deferred Long Term Liab54.4M23.0M39.6M38.7M44.5M37.8M
Total Current Assets2.1B2.4B2.6B2.7B2.8B2.4B
Non Current Assets Total2.1B2.0B2.5B3.0B3.9B2.6B
Non Currrent Assets Other92.2M37.5M112.7M164.9M134.6M81.0M
Non Current Liabilities Total77.7M229.3M274.9M486.0M895.5M940.3M
Common Stock Shares Outstanding981.5M933.0M940.6M947.9M945.2M762.2M
Net Invested Capital3.8B3.6B4.2B4.5B5.3B4.5B
Net Working Capital1.9B1.9B2.1B2.0B1.9B2.1B
Capital Stock981.5M933.0M940.6M947.9M945.2M761.1M

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Other Information on Investing in Hubei Stock

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