Mingchen Health Co Stock Net Income

002919 Stock   14.80  0.31  2.05%   
Mingchen Health Co fundamentals help investors to digest information that contributes to Mingchen Health's financial success or failures. It also enables traders to predict the movement of Mingchen Stock. The fundamental analysis module provides a way to measure Mingchen Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mingchen Health stock.
Last ReportedProjected for Next Year
Net Income70.4 M57.6 M
Net Income From Continuing Ops70.4 M66 M
Net Income Applicable To Common Shares29.1 M27.7 M
As of November 24, 2024, Net Income is expected to decline to about 57.6 M. In addition to that, Net Income From Continuing Ops is expected to decline to about 66 M.
  
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Mingchen Health Co Company Net Income Analysis

Mingchen Health's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Mingchen Health Net Income

    
  70.36 M  
Most of Mingchen Health's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mingchen Health Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Mingchen Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

0.0

At present, Mingchen Health's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Mingchen Health Co reported net income of 70.36 M. This is 93.63% lower than that of the Personal Care Products sector and 92.98% lower than that of the Consumer Staples industry. The net income for all China stocks is 87.68% higher than that of the company.

Mingchen Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mingchen Health's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mingchen Health could also be used in its relative valuation, which is a method of valuing Mingchen Health by comparing valuation metrics of similar companies.
Mingchen Health is currently under evaluation in net income category among its peers.

Mingchen Fundamentals

About Mingchen Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mingchen Health Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mingchen Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mingchen Health Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Mingchen Stock

Mingchen Health financial ratios help investors to determine whether Mingchen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mingchen with respect to the benefits of owning Mingchen Health security.