Sunwoda Minority Interest vs Ebit Analysis

300207 Stock   22.88  0.16  0.69%   
Sunwoda Electronic financial indicator trend analysis is much more than just breaking down Sunwoda Electronic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunwoda Electronic is a good investment. Please check the relationship between Sunwoda Electronic Minority Interest and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunwoda Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Minority Interest vs Ebit

Minority Interest vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunwoda Electronic Minority Interest account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sunwoda Electronic's Minority Interest and Ebit is 0.89. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Ebit in the same time period over historical financial statements of Sunwoda Electronic, assuming nothing else is changed. The correlation between historical values of Sunwoda Electronic's Minority Interest and Ebit 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 Sunwoda Electronic are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Minority Interest i.e., Sunwoda Electronic's Minority Interest and Ebit go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

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

Ebit

Most indicators from Sunwoda Electronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunwoda Electronic 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 Sunwoda Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 1.2 B, whereas Tax Provision is projected to grow to (154.4 M).
 2021 2022 2023 2024 (projected)
Operating Income1.5B1.9B1.2B736.4M
Total Revenue37.4B52.2B47.9B50.3B

Sunwoda Electronic fundamental ratios Correlations

0.980.90.981.00.980.990.380.630.980.930.990.990.97-0.120.960.990.990.980.930.70.970.991.00.980.82
0.980.810.940.980.970.990.390.760.980.860.960.990.95-0.090.990.960.970.990.870.610.950.960.960.990.82
0.90.810.90.890.890.860.160.240.820.920.940.870.91-0.230.770.930.870.850.870.730.920.90.920.810.62
0.980.940.90.960.930.940.50.570.980.980.960.950.95-0.040.910.960.990.930.980.830.941.00.990.960.89
1.00.980.890.960.980.990.330.640.970.90.990.990.96-0.150.960.990.980.980.910.670.990.980.990.980.79
0.980.970.890.930.980.990.240.620.930.860.990.990.98-0.180.950.990.950.990.850.580.960.950.960.960.73
0.990.990.860.940.990.990.290.690.960.860.981.00.96-0.150.970.980.971.00.860.590.970.960.970.980.76
0.380.390.160.50.330.240.290.510.510.490.270.330.320.230.40.270.450.320.590.680.290.460.410.450.8
0.630.760.240.570.640.620.690.510.710.430.550.680.560.040.80.550.660.710.510.260.550.620.590.740.69
0.980.980.820.980.970.930.960.510.710.930.950.970.93-0.040.970.950.990.960.940.740.930.990.980.980.9
0.930.860.920.980.90.860.860.490.430.930.920.880.9-0.050.830.910.950.860.990.890.890.960.960.880.86
0.990.960.940.960.990.990.980.270.550.950.920.980.98-0.140.931.00.970.970.90.680.980.980.990.960.76
0.990.990.870.950.990.991.00.330.680.970.880.980.97-0.130.970.990.981.00.880.620.970.970.980.980.79
0.970.950.910.950.960.980.960.320.560.930.90.980.97-0.050.910.980.950.960.880.670.930.960.970.950.79
-0.12-0.09-0.23-0.04-0.15-0.18-0.150.230.04-0.04-0.05-0.14-0.13-0.05-0.19-0.14-0.1-0.19-0.040.1-0.2-0.08-0.1-0.010.19
0.960.990.770.910.960.950.970.40.80.970.830.930.970.91-0.190.930.960.990.850.580.910.940.940.970.81
0.990.960.930.960.990.990.980.270.550.950.911.00.990.98-0.140.930.970.970.90.670.980.970.980.960.75
0.990.970.870.990.980.950.970.450.660.990.950.970.980.95-0.10.960.970.970.950.740.951.00.990.980.87
0.980.990.850.930.980.991.00.320.710.960.860.971.00.96-0.190.990.970.970.860.590.950.960.960.970.77
0.930.870.870.980.910.850.860.590.510.940.990.90.880.88-0.040.850.90.950.860.910.90.960.960.90.9
0.70.610.730.830.670.580.590.680.260.740.890.680.620.670.10.580.670.740.590.910.680.780.770.670.82
0.970.950.920.940.990.960.970.290.550.930.890.980.970.93-0.20.910.980.950.950.90.680.960.970.940.73
0.990.960.91.00.980.950.960.460.620.990.960.980.970.96-0.080.940.971.00.960.960.780.961.00.970.87
1.00.960.920.990.990.960.970.410.590.980.960.990.980.97-0.10.940.980.990.960.960.770.971.00.970.84
0.980.990.810.960.980.960.980.450.740.980.880.960.980.95-0.010.970.960.980.970.90.670.940.970.970.86
0.820.820.620.890.790.730.760.80.690.90.860.760.790.790.190.810.750.870.770.90.820.730.870.840.86
Click cells to compare fundamentals

Sunwoda Electronic Account Relationship Matchups

Sunwoda Electronic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.6B30.7B42.6B74.5B79.3B83.2B
Short Long Term Debt Total7.5B10.5B11.6B17.1B26.1B27.4B
Other Current Liab103.1M237.3M1.1B3.9B2.1B2.2B
Total Current Liabilities16.0B18.8B24.1B39.0B32.8B34.4B
Total Stockholder Equity5.8B6.8B13.0B20.1B23.1B24.3B
Other Liab523.3M1.1B1.1B3.4B3.9B4.1B
Property Plant And Equipment Net5.4B7.9B11.1B20.8B28.1B29.5B
Current Deferred Revenue1.2B1.9B1.7B595.6M602.5M539.0M
Net Debt2.8B5.9B3.3B(2.3B)7.7B8.0B
Retained Earnings2.2B2.8B3.4B4.2B5.1B5.3B
Accounts Payable8.0B9.8B13.4B23.2B14.8B15.5B
Cash4.7B4.6B8.4B19.4B18.4B19.4B
Non Current Assets Total8.8B12.0B16.1B29.3B37.5B39.4B
Non Currrent Assets Other1.8B2.0B1.3B5.5B4.9B5.2B
Long Term Debt1.1B3.7B3.2B4.1B7.1B7.4B
Cash And Short Term Investments4.7B4.6B8.4B19.5B18.8B19.8B
Net Receivables5.4B8.2B9.4B14.4B15.3B16.1B
Liabilities And Stockholders Equity23.6B30.7B42.6B74.5B79.3B83.2B
Non Current Liabilities Total1.6B4.7B4.8B9.2B12.6B13.2B
Inventory4.1B5.1B7.6B9.9B7.0B7.4B
Other Current Assets668.3M731.3M1.1B1.4B597.8M371.9M
Other Stockholder Equity1.9B1.9B7.0B10.0B10.3B10.8B
Total Liab17.6B23.5B28.9B48.2B45.3B47.6B
Total Current Assets14.8B18.7B26.5B45.1B41.8B43.9B
Short Term Debt6.7B6.9B7.9B11.3B15.3B16.1B
Intangible Assets642.0M749.6M648.2M642.2M662.0M695.1M
Common Stock1.6B1.6B1.7B1.9B1.9B1.0B
Property Plant Equipment5.4B7.9B11.1B20.8B23.9B25.1B
Short Term Investments989.3K10.2M(1.7B)110M405.4M425.7M
Net Tangible Assets5.1B6.0B12.3B19.3B22.2B23.4B
Deferred Long Term Liab809.2M1.3B1.4B3.3B3.8B4.0B
Short Long Term Debt5.6B6.2B6.3B8.4B8.8B4.9B
Non Current Liabilities Other33.7M158.2M232.2M996.6M919.9M965.9M
Common Stock Shares Outstanding1.5B1.6B1.7B1.9B1.9B1.8B
Net Invested Capital12.1B16.6B22.5B32.5B39.0B21.7B
Net Working Capital(1.2B)(110.2M)2.4B6.1B9.0B9.5B

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Other Information on Investing in Sunwoda Stock

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