Tsinghuatongfang Cost Of Revenue vs Minority Interest Analysis

600100 Stock   7.64  0.05  0.65%   
Tsinghuatongfang financial indicator trend analysis is much more than just breaking down Tsinghuatongfang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tsinghuatongfang is a good investment. Please check the relationship between Tsinghuatongfang 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 Tsinghuatongfang Co. 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.

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 Tsinghuatongfang Cost Of Revenue account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tsinghuatongfang's Cost Of Revenue and Minority Interest is 0.29. 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 Tsinghuatongfang Co, assuming nothing else is changed. The correlation between historical values of Tsinghuatongfang'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 Tsinghuatongfang Co 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., Tsinghuatongfang's Cost Of Revenue and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Tsinghuatongfang income statement and represents the costs associated with goods and services Tsinghuatongfang 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 Tsinghuatongfang Co whose combined shares represent less than 50% of the total outstanding shares issued by Tsinghuatongfang have a minority interest in Tsinghuatongfang.
Most indicators from Tsinghuatongfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tsinghuatongfang 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 Tsinghuatongfang Co. 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.
As of December 23, 2024, Selling General Administrative is expected to decline to about 2.2 B. In addition to that, Tax Provision is expected to decline to about 7 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses47.1M1.4M1.3M1.2M
Research Development1.4B1.1B1.1B1.1B

Tsinghuatongfang fundamental ratios Correlations

0.60.960.90.560.910.890.780.720.820.490.980.390.980.640.730.30.41-0.160.45-0.280.180.630.230.550.11
0.60.520.50.650.60.660.550.620.590.560.60.630.620.40.050.33-0.170.210.330.05-0.110.56-0.160.45-0.36
0.960.520.860.50.940.830.760.530.820.440.980.390.940.670.740.450.44-0.020.37-0.240.120.470.290.330.26
0.90.50.860.750.780.860.50.50.790.290.90.280.820.520.660.140.28-0.090.710.01-0.10.520.120.350.09
0.560.650.50.750.480.70.140.330.640.110.570.420.480.280.050.13-0.310.30.870.55-0.60.44-0.270.15-0.32
0.910.60.940.780.480.80.780.570.870.570.950.280.910.760.690.60.430.120.23-0.20.170.340.060.320.04
0.890.660.830.860.70.80.650.660.760.450.880.430.860.690.530.20.2-0.060.56-0.08-0.070.570.220.48-0.06
0.780.550.760.50.140.780.650.670.570.590.740.340.840.670.560.490.53-0.11-0.07-0.480.430.470.410.510.1
0.720.620.530.50.330.570.660.670.550.520.590.460.780.330.410.080.15-0.350.23-0.390.330.780.060.94-0.32
0.820.590.820.790.640.870.760.570.550.30.830.460.80.610.540.50.090.20.40.05-0.180.33-0.140.29-0.12
0.490.560.440.290.110.570.450.590.520.30.490.010.540.360.330.340.27-0.07-0.06-0.380.420.280.00.43-0.24
0.980.60.980.90.570.950.880.740.590.830.490.360.950.690.730.370.43-0.080.43-0.250.130.510.220.40.2
0.390.630.390.280.420.280.430.340.460.460.010.360.450.05-0.040.14-0.390.080.29-0.01-0.290.560.20.36-0.04
0.980.620.940.820.480.910.860.840.780.80.540.950.450.630.710.360.41-0.160.35-0.350.250.650.250.610.08
0.640.40.670.520.280.760.690.670.330.610.360.690.050.630.440.370.410.08-0.01-0.170.180.130.130.10.11
0.730.050.740.660.050.690.530.560.410.540.330.73-0.040.710.440.210.78-0.360.1-0.560.450.240.380.370.42
0.30.330.450.140.130.60.20.490.080.50.340.370.140.360.370.210.190.71-0.230.14-0.05-0.2-0.11-0.18-0.14
0.41-0.170.440.28-0.310.430.20.530.150.090.270.43-0.390.410.410.780.19-0.36-0.25-0.650.7-0.010.470.170.52
-0.160.21-0.02-0.090.30.12-0.06-0.11-0.350.2-0.07-0.080.08-0.160.08-0.360.71-0.36-0.030.73-0.58-0.41-0.41-0.57-0.36
0.450.330.370.710.870.230.56-0.070.230.4-0.060.430.290.35-0.010.1-0.23-0.25-0.030.45-0.560.48-0.080.18-0.11
-0.280.05-0.240.010.55-0.2-0.08-0.48-0.390.05-0.38-0.25-0.01-0.35-0.17-0.560.14-0.650.730.45-0.87-0.21-0.52-0.52-0.43
0.18-0.110.12-0.1-0.60.17-0.070.430.33-0.180.420.13-0.290.250.180.45-0.050.7-0.58-0.56-0.870.110.30.450.25
0.630.560.470.520.440.340.570.470.780.330.280.510.560.650.130.24-0.2-0.01-0.410.48-0.210.110.260.79-0.01
0.23-0.160.290.12-0.270.060.220.410.06-0.140.00.220.20.250.130.38-0.110.47-0.41-0.08-0.520.30.260.140.65
0.550.450.330.350.150.320.480.510.940.290.430.40.360.610.10.37-0.180.17-0.570.18-0.520.450.790.14-0.24
0.11-0.360.260.09-0.320.04-0.060.1-0.32-0.12-0.240.2-0.040.080.110.42-0.140.52-0.36-0.11-0.430.25-0.010.65-0.24
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Tsinghuatongfang Account Relationship Matchups

Tsinghuatongfang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.9B62.3B61.8B54.1B55.1B38.2B
Other Current Liab9.2B9.8B5.6B5.0B100.3M95.3M
Total Current Liabilities26.8B26.5B31.1B30.4B27.3B19.0B
Total Stockholder Equity16.3B16.1B15.9B14.9B14.3B11.1B
Retained Earnings5.0B4.9B2.4B1.7B(359.1M)(341.1M)
Accounts Payable8.5B8.2B7.4B7.9B7.7B5.8B
Cash10.3B9.9B11.0B6.8B6.0B6.0B
Other Assets5.2B5.8B7.0B4.3B4.9B2.8B
Long Term Debt14.0B13.7B8.6B1.9B7.1B4.6B
Net Receivables8.3B6.1B5.4B6.3B6.5B5.5B
Short Term Investments2.9B1.7B1.6B1.4B1.1B759.2M
Inventory9.1B9.1B9.2B9.5B7.7B6.3B
Other Current Assets1.2B1.3B1.9B1.1B235.1M223.3M
Total Liab41.3B41.8B41.4B34.2B35.8B24.2B
Intangible Assets2.5B2.8B2.9B3.0B2.7B1.7B
Property Plant Equipment4.4B4.3B4.3B4.1B4.8B4.1B
Other Liab576.2M1.6B1.5B1.6B1.8B1.9B
Good Will242.9M204.1M92.3M96.8M92.2M87.6M
Net Tangible Assets14.6B14.4B14.0B13.0B11.7B12.1B
Other Stockholder Equity(796.0M)(1.0B)(1.2B)(1.2B)(1.1B)(1.1B)
Deferred Long Term Liab1.2B1.4B1.2B1.2B1.4B1.2B
Non Current Assets Total30.0B30.9B30.3B25.6B24.2B22.9B
Non Currrent Assets Other139.9M627.5M2.7B1.1B915.2M1.0B
Non Current Liabilities Total14.5B15.3B10.3B3.7B8.5B7.9B
Short Long Term Debt6.2B7.4B10.3B12.3B8.9B9.7B
Total Current Assets31.9B31.4B31.5B28.5B30.9B25.1B
Non Current Liabilities Other5.0M1.1B1.0B1.3B1.0B600.9M
Net Debt9.9B11.2B7.8B7.3B10.0B7.5B
Net Invested Capital36.5B37.2B34.8B29.0B30.3B27.9B
Net Working Capital5.1B4.9B354.9M(1.9B)3.6B3.7B

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Other Information on Investing in Tsinghuatongfang Stock

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