Yunji Tax Provision vs Minority Interest Analysis

YJ Stock  USD 1.68  0.02  1.18%   
Yunji financial indicator trend analysis is more than just analyzing Yunji Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunji Inc is a good investment. Please check the relationship between Yunji Tax Provision and its Minority Interest accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yunji Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Tax Provision vs Minority Interest

Tax Provision vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunji Inc Tax Provision account and Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between Yunji's Tax Provision and Minority Interest is -0.76. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Yunji Inc, assuming nothing else is changed. The correlation between historical values of Yunji's Tax Provision 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 Tax Provision of Yunji Inc 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 Tax Provision i.e., Yunji's Tax Provision and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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 Yunji Inc whose combined shares represent less than 50% of the total outstanding shares issued by Yunji have a minority interest in Yunji.
Most indicators from Yunji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunji Inc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yunji Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At this time, Yunji's Tax Provision is relatively stable compared to the past year. Enterprise Value Over EBITDA is expected to hike to 0.70 this year, although Enterprise Value is projected to rise to (89.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit812.0M502.5M307.4M292.1M
Total Revenue2.2B1.2B640.2M608.2M

Yunji fundamental ratios Correlations

-0.780.930.770.77-0.070.40.5-0.88-0.810.740.890.520.320.670.930.680.490.780.560.680.60.810.780.360.96
-0.78-0.66-0.35-0.86-0.33-0.67-0.060.50.95-0.31-0.51-0.84-0.74-0.81-0.54-0.64-0.82-0.42-0.84-0.19-0.7-0.94-0.35-0.64-0.61
0.93-0.660.90.61-0.250.120.63-0.87-0.630.880.880.340.190.560.950.710.320.90.350.810.50.660.910.070.97
0.77-0.350.90.25-0.63-0.130.89-0.84-0.291.00.83-0.03-0.160.190.940.64-0.10.96-0.060.970.140.321.0-0.170.91
0.77-0.860.610.250.530.64-0.11-0.56-0.960.180.580.910.730.890.510.450.910.310.920.110.850.980.250.60.59
-0.07-0.33-0.25-0.630.530.5-0.880.31-0.45-0.67-0.280.650.640.55-0.4-0.280.76-0.540.75-0.690.630.44-0.620.49-0.3
0.4-0.670.12-0.130.640.5-0.25-0.14-0.75-0.150.160.760.480.380.130.070.65-0.050.79-0.160.610.69-0.130.990.17
0.5-0.060.630.89-0.11-0.88-0.25-0.630.030.910.61-0.31-0.39-0.180.760.47-0.460.84-0.390.92-0.28-0.020.88-0.260.68
-0.880.5-0.87-0.84-0.560.31-0.14-0.630.57-0.82-1.0-0.26-0.11-0.47-0.93-0.73-0.24-0.72-0.29-0.75-0.34-0.59-0.84-0.11-0.93
-0.810.95-0.63-0.29-0.96-0.45-0.750.030.57-0.24-0.59-0.9-0.73-0.85-0.55-0.54-0.88-0.34-0.93-0.15-0.79-0.99-0.29-0.71-0.62
0.74-0.310.881.00.18-0.67-0.150.91-0.82-0.240.81-0.09-0.210.130.920.63-0.160.94-0.110.970.080.271.0-0.180.89
0.89-0.510.880.830.58-0.280.160.61-1.0-0.590.810.280.120.480.940.720.260.720.310.740.370.610.830.130.93
0.52-0.840.34-0.030.910.650.76-0.31-0.26-0.9-0.090.280.850.790.210.290.940.070.94-0.160.760.91-0.030.730.29
0.32-0.740.19-0.160.730.640.48-0.39-0.11-0.73-0.210.120.850.840.040.380.87-0.10.81-0.340.460.74-0.160.490.11
0.67-0.810.560.190.890.550.38-0.18-0.47-0.850.130.480.790.840.410.530.890.230.850.010.70.870.20.350.51
0.93-0.540.950.940.51-0.40.130.76-0.93-0.550.920.940.210.040.410.680.160.90.230.880.350.560.940.10.99
0.68-0.640.710.640.45-0.280.070.47-0.73-0.540.630.720.290.380.530.680.350.530.270.440.160.550.630.050.69
0.49-0.820.32-0.10.910.760.65-0.46-0.24-0.88-0.160.260.940.870.890.160.35-0.040.96-0.270.80.89-0.10.620.26
0.78-0.420.90.960.31-0.54-0.050.84-0.72-0.340.940.720.07-0.10.230.90.53-0.040.010.940.230.370.96-0.10.89
0.56-0.840.35-0.060.920.750.79-0.39-0.29-0.93-0.110.310.940.810.850.230.270.960.01-0.190.830.91-0.050.770.33
0.68-0.190.810.970.11-0.69-0.160.92-0.75-0.150.970.74-0.16-0.340.010.880.44-0.270.94-0.190.070.180.97-0.190.84
0.6-0.70.50.140.850.630.61-0.28-0.34-0.790.080.370.760.460.70.350.160.80.230.830.070.810.150.530.46
0.81-0.940.660.320.980.440.69-0.02-0.59-0.990.270.610.910.740.870.560.550.890.370.910.180.810.330.640.64
0.78-0.350.911.00.25-0.62-0.130.88-0.84-0.291.00.83-0.03-0.160.20.940.63-0.10.96-0.050.970.150.33-0.160.91
0.36-0.640.07-0.170.60.490.99-0.26-0.11-0.71-0.180.130.730.490.350.10.050.62-0.10.77-0.190.530.64-0.160.12
0.96-0.610.970.910.59-0.30.170.68-0.93-0.620.890.930.290.110.510.990.690.260.890.330.840.460.640.910.12
Click cells to compare fundamentals

Yunji Account Relationship Matchups

Yunji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B2.6B2.3B1.9B1.6B2.4B
Short Long Term Debt Total45.3M15.3M8.7M1.3M14.5M13.8M
Other Current Liab857.1M646.9M473.2M283.6M170.5M162.0M
Total Current Liabilities1.8B1.2B865.8M536.4M351.6M334.0M
Total Stockholder Equity1.5B1.3B1.5B1.4B1.2B1.1B
Other Liab197K11.3M1.8M2.6M3.0M3.9M
Net Tangible Assets1.5B1.3B1.5B1.4B1.6B1.6B
Property Plant And Equipment Net88.4M37.3M18.3M169.2M192.0M201.6M
Current Deferred Revenue181.8M51.0M105.8M21.7M66.3M63.0M
Net Debt(838.1M)(1.0B)(558.5M)(413.3M)(503.0M)(528.2M)
Retained Earnings(5.8B)(6.0B)(5.8B)(6.0B)(6.1B)(6.4B)
Accounts Payable742.0M501.5M254.8M138.9M96.8M91.9M
Cash883.4M1.1B567.2M414.6M517.5M558.2M
Non Current Assets Total441.3M404.5M644.8M679.9M745.2M429.6M
Non Currrent Assets Other56.3M148.8M227.7M96.4M189.1M112.2M
Other Assets154.1M208.2M245.2M96.4M110.9M130.6M
Cash And Short Term Investments1.7B1.2B947.3M626.6M524.7M888.6M
Net Receivables35.4M172.6M120.7M94.3M65.7M82.9M
Common Stock Shares Outstanding18.2M21.3M21.5M20.9M19.7M19.0M
Short Term Investments774.7M134.1M380.1M212.0M7.2M6.8M
Liabilities And Stockholders Equity3.3B2.6B2.3B1.9B1.6B2.4B
Non Current Liabilities Total39.1M10.1M5.7M145K11.1M9.8M
Capital Lease Obligations45.3M15.3M8.7M1.3M14.5M11.7M
Inventory428.3M135.2M84.5M54.7M42.7M40.6M
Other Current Assets567.4M326.2M180.3M436.9M175.5M234.2M
Other Stockholder Equity7.2B7.2B7.3B7.2B7.2B5.9B
Total Liab1.8B1.2B871.5M536.5M362.7M344.6M
Long Term Investments198.9M158.9M381.4M414.3M364.2M211.1M
Property Plant And Equipment Gross88.4M37.3M18.3M169.2M247.7M260.1M
Total Current Assets2.9B2.1B1.7B1.2B808.6M1.5B
Accumulated Other Comprehensive Income100.5M22.1M(1.6M)79.2M101.5M106.6M
Short Term Debt17.6M7.0M5.6M1.2M3.4M3.2M
Property Plant Equipment88.4M37.3M18.3M169.2M194.5M204.3M
Net Invested Capital1.5B1.3B1.5B1.4B1.2B890.6M
Net Working Capital1.1B920.5M839.4M676.1M457.0M720.8M

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yunji Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
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Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yunji. If investors know Yunji will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yunji listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(27.62)
Revenue Per Share
107.408
Quarterly Revenue Growth
(0.37)
Return On Assets
(0.04)
Return On Equity
(0.09)
The market value of Yunji Inc is measured differently than its book value, which is the value of Yunji that is recorded on the company's balance sheet. Investors also form their own opinion of Yunji's value that differs from its market value or its book value, called intrinsic value, which is Yunji's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yunji's market value can be influenced by many factors that don't directly affect Yunji's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yunji's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yunji is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yunji's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.