Hengli Historical Income Statement

000622 Stock   2.30  0.03  1.29%   
Historical analysis of Hengli Industrial income statement accounts such as Selling General Administrative of 5.9 M, Total Revenue of 174.6 M or Cost Of Revenue of 143.4 M can show how well Hengli Industrial Development performed in making a profits. Evaluating Hengli Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hengli Industrial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hengli Industrial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hengli Industrial is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hengli Industrial Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Hengli Income Statement Analysis

Hengli Industrial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hengli Industrial shareholders. The income statement also shows Hengli investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hengli Industrial Income Statement Chart

At present, Hengli Industrial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 174.6 M, whereas Selling General Administrative is forecasted to decline to about 5.9 M.

Total Revenue

Total revenue comprises all receipts Hengli Industrial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Hengli Industrial income statement and represents the costs associated with goods and services Hengli Industrial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Hengli Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hengli Industrial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hengli Industrial Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Hengli Industrial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 174.6 M, whereas Selling General Administrative is forecasted to decline to about 5.9 M.
 2021 2023 2024 (projected)
Research Development1.6M2.6M1.4M
Minority Interest24.6K28.3K26.9K

Hengli Industrial income statement Correlations

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-0.560.640.99-0.31-0.35-0.6-0.250.27-0.61-0.21-0.150.76-0.54-0.29-0.430.890.79-0.65
-0.40.640.56-0.29-0.35-0.06-0.190.25-0.49-0.040.050.5-0.46-0.33-0.380.470.5-0.49
-0.580.990.56-0.31-0.34-0.64-0.20.31-0.66-0.21-0.140.79-0.6-0.34-0.480.940.83-0.69
0.71-0.31-0.29-0.310.990.470.44-0.460.6-0.05-0.2-0.360.710.840.75-0.26-0.30.47
0.71-0.35-0.35-0.340.990.480.49-0.450.6-0.09-0.24-0.370.690.790.71-0.26-0.330.49
0.46-0.6-0.06-0.640.470.480.41-0.480.660.150.02-0.550.580.380.41-0.58-0.620.66
0.33-0.25-0.19-0.20.440.490.41-0.630.220.520.420.080.160.11-0.110.010.070.29
-0.460.270.250.31-0.46-0.45-0.48-0.63-0.61-0.56-0.330.08-0.59-0.49-0.280.30.24-0.53
0.79-0.61-0.49-0.660.60.60.660.22-0.610.04-0.18-0.780.950.790.8-0.71-0.830.95
0.01-0.21-0.04-0.21-0.05-0.090.150.52-0.560.040.960.19-0.07-0.09-0.28-0.140.190.0
-0.16-0.150.05-0.14-0.2-0.240.020.42-0.33-0.180.960.28-0.28-0.28-0.43-0.060.31-0.17
-0.620.760.50.79-0.36-0.37-0.550.080.08-0.780.190.28-0.74-0.55-0.720.850.92-0.82
0.78-0.54-0.46-0.60.710.690.580.16-0.590.95-0.07-0.28-0.740.90.91-0.69-0.780.87
0.7-0.29-0.33-0.340.840.790.380.11-0.490.79-0.09-0.28-0.550.90.94-0.43-0.50.65
0.7-0.43-0.38-0.480.750.710.41-0.11-0.280.8-0.28-0.43-0.720.910.94-0.59-0.690.67
-0.570.890.470.94-0.26-0.26-0.580.010.3-0.71-0.14-0.060.85-0.69-0.43-0.590.89-0.71
-0.640.790.50.83-0.3-0.33-0.620.070.24-0.830.190.310.92-0.78-0.5-0.690.89-0.85
0.73-0.65-0.49-0.690.470.490.660.29-0.530.950.0-0.17-0.820.870.650.67-0.71-0.85
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Hengli Industrial Account Relationship Matchups

Hengli Industrial income statement Accounts

201920202021202220232024 (projected)
Interest Expense363.8K512.3K577.8K760.9K1.4M1.4M
Selling General Administrative8.6M9.5M8.3M7.3M6.2M5.9M
Total Revenue345.6M343.2M353.7M246.3M111.5M174.6M
Operating Income(4.0M)(1.8M)818.1K(13.6M)(9.7M)(9.2M)
Cost Of Revenue326.9M321.4M332.4M238.6M101.5M143.4M
Income Before Tax10.4M2.9M1.7M(13.4M)(12.3M)(11.7M)
Net Income Applicable To Common Shares3.2M11.9M2.9M1.8M1.6M1.5M
Net Income11.9M2.9M1.8M(13.3M)(11.5M)(10.9M)
Income Tax Expense498.2K(262.5K)(193.1K)(65.2K)(58.7K)(55.8K)
Minority Interest13.5M12.3M7.7M24.6K28.3K26.9K
Research Development1.1M1.1M1.6M2.7M2.6M1.4M
Tax Provision(262.5K)(193.1K)(65.2K)(150.5K)(855.9K)(813.1K)
Net Interest Income579.2K162.3K(186.6K)(582.5K)440.9K760.1K
Interest Income970.4K766.4K324.2K196.6K1.8M1.2M
Gross Profit18.7M21.8M21.3M7.6M10.0M15.5M
Other Operating Expenses1.1M1.2M1.3M776.5K698.8K1.1M
Net Income From Continuing Ops10.7M3.1M1.8M(13.3M)(11.5M)(10.9M)
Ebit(11.2M)(11.9M)(3.3M)818.1K736.3K773.1K
Total Operating Expenses350.2M345.0M352.9M259.9M121.2M115.1M
Ebitda13.0M5.5M4.0M(10.6M)(12.1M)(11.5M)
Reconciled Depreciation2.2M2.1M1.8M2.1M2.0M1.7M

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Other Information on Investing in Hengli Stock

Hengli Industrial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hengli Industrial shareholders. The income statement also shows Hengli investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).