Qingdao Novelbeam Technology Stock Net Income

688677 Stock   36.30  0.04  0.11%   
Qingdao NovelBeam Technology fundamentals help investors to digest information that contributes to Qingdao NovelBeam's financial success or failures. It also enables traders to predict the movement of Qingdao Stock. The fundamental analysis module provides a way to measure Qingdao NovelBeam'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 Qingdao NovelBeam stock.
Last ReportedProjected for Next Year
Net Income145.7 M112.8 M
Net Income From Continuing Ops142.2 M134.1 M
As of November 30, 2024, Net Income is expected to decline to about 112.8 M. In addition to that, Net Income From Continuing Ops is expected to decline to about 134.1 M.
  
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Qingdao NovelBeam Technology Company Net Income Analysis

Qingdao NovelBeam'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 Qingdao NovelBeam Net Income

    
  145.71 M  
Most of Qingdao NovelBeam'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, Qingdao NovelBeam 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

Qingdao Operating Income

Operating Income

128.41 Million

At present, Qingdao NovelBeam's Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Qingdao NovelBeam Technology reported net income of 145.71 M. This is 57.3% lower than that of the Health Care Equipment & Supplies sector and 46.25% higher than that of the Health Care industry. The net income for all China stocks is 74.48% higher than that of the company.

Qingdao Net Income Peer Comparison

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

Qingdao Fundamentals

About Qingdao NovelBeam Fundamental Analysis

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

Qingdao NovelBeam financial ratios help investors to determine whether Qingdao 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 Qingdao with respect to the benefits of owning Qingdao NovelBeam security.