Road Environment Technology Stock Net Income

688156 Stock   12.62  0.78  5.82%   
Road Environment Technology fundamentals help investors to digest information that contributes to Road Environment's financial success or failures. It also enables traders to predict the movement of Road Stock. The fundamental analysis module provides a way to measure Road Environment'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 Road Environment stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops29.6 M40.8 M
Net Income27 M35.2 M
The current year's Net Income From Continuing Ops is expected to grow to about 40.8 M. The current year's Net Income is expected to grow to about 35.2 M.
  
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Road Environment Technology Company Net Income Analysis

Road Environment'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 Road Environment Net Income

    
  26.97 M  
Most of Road Environment'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, Road Environment Technology 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

Road Net Interest Income

Net Interest Income

(3.58 Million)

At present, Road Environment's Net Interest Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Road Environment Technology reported net income of 26.97 M. This is 87.25% lower than that of the Water Utilities sector and significantly higher than that of the Utilities industry. The net income for all China stocks is 95.28% higher than that of the company.

Road Net Income Peer Comparison

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

Road Fundamentals

About Road Environment Fundamental Analysis

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

Road Environment financial ratios help investors to determine whether Road 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 Road with respect to the benefits of owning Road Environment security.