603345 Stock | | | 89.53 3.38 3.92% |
Fujian Anjoy financial indicator trend analysis is much more than just examining Fujian Anjoy Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Anjoy Foods is a good investment. Please check the relationship between Fujian Anjoy Total Operating Expenses and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Anjoy Foods. 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.
Total Operating Expenses vs Minority Interest
Total Operating Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Anjoy Foods Total Operating Expenses account and
Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between Fujian Anjoy's Total Operating Expenses and Minority Interest is -0.85. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Fujian Anjoy Foods, assuming nothing else is changed. The correlation between historical values of Fujian Anjoy's Total Operating Expenses 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 Total Operating Expenses of Fujian Anjoy Foods 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 Total Operating Expenses i.e., Fujian Anjoy's Total Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Fujian Anjoy Foods whose combined shares represent less than 50% of the total outstanding shares issued by Fujian Anjoy have a minority interest in Fujian Anjoy.
Most indicators from Fujian Anjoy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Anjoy Foods 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 Fujian Anjoy Foods. 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 456.8
M, whereas
Selling General Administrative is forecasted to decline to about 636.8
M.
Fujian Anjoy fundamental ratios Correlations
Click cells to compare fundamentals
Fujian Anjoy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fujian Anjoy fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Fujian Stock
Balance Sheet is a snapshot of the
financial position of Fujian Anjoy Foods at a specified time, usually calculated after every quarter, six months, or one year. Fujian Anjoy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Anjoy 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 Fujian currently owns. An asset can also be divided into two categories, current and non-current.