Shandong Zhongji Electrical Stock Net Income

300308 Stock   124.79  3.90  3.03%   
Shandong Zhongji Electrical fundamentals help investors to digest information that contributes to Shandong Zhongji's financial success or failures. It also enables traders to predict the movement of Shandong Stock. The fundamental analysis module provides a way to measure Shandong Zhongji'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 Shandong Zhongji stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares1.4 B1.5 B
Net Income2.2 B2.3 B
Net Income From Continuing Ops2.2 B2.3 B
The current year's Net Income Applicable To Common Shares is expected to grow to about 1.5 B. The current year's Net Income is expected to grow to about 2.3 B.
  
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Shandong Zhongji Electrical Company Net Income Analysis

Shandong Zhongji'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 Shandong Zhongji Net Income

    
  2.17 B  
Most of Shandong Zhongji'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, Shandong Zhongji Electrical 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

Shandong Operating Income

Operating Income

2.37 Billion

At present, Shandong Zhongji's Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Shandong Zhongji Electrical reported net income of 2.17 B. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The net income for all China stocks is significantly lower than that of the firm.

Shandong Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shandong Zhongji'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 Shandong Zhongji could also be used in its relative valuation, which is a method of valuing Shandong Zhongji by comparing valuation metrics of similar companies.
Shandong Zhongji is currently under evaluation in net income category among its peers.

Shandong Fundamentals

About Shandong Zhongji Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shandong Zhongji Electrical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shandong Zhongji using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shandong Zhongji Electrical 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 Shandong Stock

Shandong Zhongji financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Zhongji security.