Orient Minority Interest vs Cost Of Revenue Analysis

600958 Stock   10.55  0.04  0.38%   
Orient Sec financial indicator trend analysis is much more than just breaking down Orient Sec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orient Sec is a good investment. Please check the relationship between Orient Sec 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 Orient Sec 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 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 Orient Sec Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Orient Sec's Minority Interest and Cost Of Revenue is -0.34. 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 Orient Sec Co, assuming nothing else is changed. The correlation between historical values of Orient Sec'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 Orient Sec Co 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., Orient Sec's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.34
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 Orient Sec Co whose combined shares represent less than 50% of the total outstanding shares issued by Orient Sec have a minority interest in Orient Sec.

Cost Of Revenue

Cost of Revenue is found on Orient Sec income statement and represents the costs associated with goods and services Orient Sec 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 Orient Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orient Sec 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 Orient Sec 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 nation.
The current year's Tax Provision is expected to grow to about 312.7 M, whereas Selling General Administrative is forecasted to decline to about 6.4 B.
 2023 2024 (projected)
Operating Income3.1B3.5B
Total Revenue16.5B12.0B

Orient Sec fundamental ratios Correlations

0.990.60.59-0.80.82-0.191.00.910.940.940.870.890.380.890.840.910.510.830.470.510.910.790.860.86-0.21
0.990.550.56-0.810.83-0.190.980.910.960.930.830.860.390.90.850.940.50.830.460.50.940.80.910.91-0.16
0.60.550.18-0.120.550.450.610.740.440.650.340.410.360.630.650.570.610.660.530.580.540.670.480.48-0.4
0.590.560.18-0.710.32-0.330.590.420.660.640.730.75-0.150.390.290.47-0.10.26-0.02-0.110.490.180.520.520.08
-0.8-0.81-0.12-0.71-0.630.5-0.79-0.64-0.87-0.77-0.83-0.83-0.24-0.63-0.56-0.7-0.14-0.52-0.23-0.14-0.75-0.46-0.71-0.71-0.01
0.820.830.550.32-0.630.00.810.850.720.710.520.570.590.910.890.90.670.890.810.650.90.870.790.79-0.36
-0.19-0.190.45-0.330.50.0-0.180.15-0.29-0.02-0.53-0.480.00.130.19-0.020.320.20.350.45-0.060.20.00.0-0.29
1.00.980.610.59-0.790.81-0.180.910.930.940.870.890.380.880.840.90.520.830.480.510.90.790.850.85-0.22
0.910.910.740.42-0.640.850.150.910.830.910.620.660.470.960.940.930.710.940.660.730.90.920.860.86-0.35
0.940.960.440.66-0.870.72-0.290.930.830.920.870.890.370.80.740.890.310.70.280.310.910.660.890.89-0.04
0.940.930.650.64-0.770.71-0.020.940.910.920.80.830.310.850.810.860.410.760.380.450.880.720.870.87-0.2
0.870.830.340.73-0.830.52-0.530.870.620.870.80.980.180.580.50.640.140.480.10.10.670.420.620.62-0.01
0.890.860.410.75-0.830.57-0.480.890.660.890.830.980.240.60.530.70.170.50.150.120.720.460.680.68-0.02
0.380.390.36-0.15-0.240.590.00.380.470.370.310.180.240.490.570.540.520.510.620.490.530.580.420.42-0.29
0.890.90.630.39-0.630.910.130.880.960.80.850.580.60.490.990.950.720.970.710.740.940.940.870.87-0.42
0.840.850.650.29-0.560.890.190.840.940.740.810.50.530.570.990.920.770.980.760.810.90.970.850.85-0.45
0.910.940.570.47-0.70.9-0.020.90.930.890.860.640.70.540.950.920.60.90.610.620.980.880.960.96-0.23
0.510.50.61-0.1-0.140.670.320.520.710.310.410.140.170.520.720.770.60.850.850.930.50.890.420.42-0.65
0.830.830.660.26-0.520.890.20.830.940.70.760.480.50.510.970.980.90.850.810.850.850.980.790.79-0.47
0.470.460.53-0.02-0.230.810.350.480.660.280.380.10.150.620.710.760.610.850.810.840.560.80.450.45-0.54
0.510.50.58-0.11-0.140.650.450.510.730.310.450.10.120.490.740.810.620.930.850.840.530.890.520.52-0.47
0.910.940.540.49-0.750.9-0.060.90.90.910.880.670.720.530.940.90.980.50.850.560.530.830.960.96-0.2
0.790.80.670.18-0.460.870.20.790.920.660.720.420.460.580.940.970.880.890.980.80.890.830.780.78-0.48
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
-0.21-0.16-0.40.08-0.01-0.36-0.29-0.22-0.35-0.04-0.2-0.01-0.02-0.29-0.42-0.45-0.23-0.65-0.47-0.54-0.47-0.2-0.48-0.04-0.04
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Orient Sec Account Relationship Matchups

Orient Sec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.0B291.1B326.6B368.1B383.7B208.6B
Total Stockholder Equity54.0B60.2B64.1B77.4B78.7B43.8B
Other Liab1.1B2.2B2.4B3.5B4.0B2.2B
Retained Earnings18.2B19.9B23.2B8.8B8.8B13.5B
Accounts Payable480.1M576.6M526.0M1.2B1.5B1.5B
Cash63.8B110.5B143.4B174.8B163.7B171.9B
Other Assets1.4B3.3B4.5B3.4B3.0B2.7B
Total Liab209.0B230.9B262.5B290.7B304.9B164.7B
Intangible Assets168.5M215.3M250.6M246.0M286.7M153.0M
Property Plant Equipment2.1B3.1B2.9B2.8B3.3B1.7B
Other Current Liab7.5B13.0B15.5B17.5B20.1B11.6B
Total Current Liabilities122.6B164.7B169.6B191.0B219.6B156.4B
Net Tangible Assets51.6B53.8B60.0B63.8B73.4B56.1B
Net Receivables11.8B14.8B22.5B26.6B30.6B20.0B
Other Current Assets10.6B15.4B24.2B28.3B32.5B17.4B
Other Stockholder Equity(198.8M)500.0M5.0B5.6B6.5B6.8B
Deferred Long Term Liab88.9M98.9M140.2M167.9M193.0M116.7M
Long Term Investments154.9B158.5B163.7B174.8B203.9B156.9B
Total Current Assets139.7B170.8B199.6B247.8B285.0B185.9B
Net Invested Capital144.4B149.0B140.7B151.9B169.1B160.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Orient Stock

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