Weichai Historical Income Statement

000880 Stock   11.84  0.94  7.36%   
Historical analysis of Weichai Heavy income statement accounts such as Selling General Administrative of 140.5 M, Total Revenue of 2.3 B or Operating Income of 55.3 M can show how well Weichai Heavy Machinery performed in making a profits. Evaluating Weichai Heavy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Weichai Heavy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Weichai Heavy Machinery 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 Weichai Heavy Machinery 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 Weichai Heavy Machinery. 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 Weichai Income Statement Analysis

Weichai Heavy Machinery 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 Weichai Heavy shareholders. The income statement also shows Weichai 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).

Weichai Heavy Income Statement Chart

The current year's Selling General Administrative is expected to grow to about 140.5 M, whereas Total Revenue is forecasted to decline to about 2.3 B.

Operating Income

Operating Income is the amount of profit realized from Weichai Heavy Machinery operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Weichai Heavy Machinery is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Weichai Heavy Machinery income statement and represents the costs associated with goods and services Weichai Heavy 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Weichai Heavy income statement and is an important metric when analyzing Weichai Heavy Machinery profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Weichai Heavy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Weichai Heavy Machinery 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 Weichai Heavy Machinery. 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.
The current year's Selling General Administrative is expected to grow to about 140.5 M, whereas Total Revenue is forecasted to decline to about 2.3 B.
 2021 2022 2023 2024 (projected)
Income Before Tax138.5M152.1M153.7M103.3M
Cost Of Revenue2.9B3.0B3.3B2.1B

Weichai Heavy income statement Correlations

0.03-0.350.03-0.28-0.310.23-0.360.16-0.30.36-0.38-0.4-0.180.11-0.02-0.38-0.39-0.390.03
0.030.220.990.580.63-0.20.8-0.440.79-0.390.860.130.87-0.560.130.820.820.720.27
-0.350.220.190.820.810.180.22-0.620.36-0.180.29-0.210.4-0.38-0.020.270.260.34-0.03
0.030.990.190.580.62-0.160.8-0.430.78-0.380.880.140.89-0.590.110.850.850.740.18
-0.280.580.820.580.990.210.52-0.570.53-0.130.640.010.72-0.460.130.640.630.490.03
-0.310.630.810.620.990.10.57-0.550.58-0.20.690.050.74-0.480.050.680.680.560.05
0.23-0.20.18-0.160.210.1-0.41-0.16-0.40.68-0.23-0.390.00.080.24-0.21-0.22-0.4-0.13
-0.360.80.220.80.520.57-0.41-0.420.94-0.680.940.290.85-0.650.050.890.90.80.21
0.16-0.44-0.62-0.43-0.57-0.55-0.16-0.42-0.550.26-0.450.39-0.570.690.07-0.39-0.39-0.410.0
-0.30.790.360.780.530.58-0.40.94-0.55-0.760.890.20.87-0.71-0.050.830.830.880.14
0.36-0.39-0.18-0.38-0.13-0.20.68-0.680.26-0.76-0.53-0.21-0.410.50.26-0.51-0.51-0.72-0.04
-0.380.860.290.880.640.69-0.230.94-0.450.89-0.530.310.94-0.650.030.980.990.870.06
-0.40.13-0.210.140.010.05-0.390.290.390.2-0.210.310.090.410.040.350.340.310.06
-0.180.870.40.890.720.740.00.85-0.570.87-0.410.940.09-0.730.020.910.910.810.03
0.11-0.56-0.38-0.59-0.46-0.480.08-0.650.69-0.710.5-0.650.41-0.730.25-0.6-0.61-0.660.27
-0.020.13-0.020.110.130.050.240.050.07-0.050.260.030.040.020.25-0.04-0.03-0.260.54
-0.380.820.270.850.640.68-0.210.89-0.390.83-0.510.980.350.91-0.6-0.041.00.87-0.02
-0.390.820.260.850.630.68-0.220.9-0.390.83-0.510.990.340.91-0.61-0.031.00.87-0.02
-0.390.720.340.740.490.56-0.40.8-0.410.88-0.720.870.310.81-0.66-0.260.870.87-0.19
0.030.27-0.030.180.030.05-0.130.210.00.14-0.040.060.060.030.270.54-0.02-0.02-0.19
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Weichai Heavy Account Relationship Matchups

Weichai Heavy income statement Accounts

201920202021202220232024 (projected)
Selling General Administrative102.9M150.5M137.7M82.9M91.2M140.5M
Total Revenue2.7B3.3B3.4B3.5B3.8B2.3B
Operating Income59.3M90.2M24.9M82.3M68.0M55.3M
Cost Of Revenue2.2B2.8B2.9B3.0B3.3B2.1B
Income Before Tax72.4M104.2M138.5M152.1M153.7M103.3M
Net Income Applicable To Common Shares41.6M83.7M109.7M136.8M157.3M85.7M
Net Income83.7M109.7M136.8M140.7M166.5M93.6M
Income Tax Expense(5.5M)(11.3M)(5.5M)1.7M1.5M1.5M
Research Development180.8M205.9M242.8M202.0M201.0M172.8M
Gross Profit424.2M540.7M465.7M457.8M455.6M430.1M
Other Operating Expenses23.1M9.2M1.8M20.0M18.0M13.9M
Net Income From Continuing Ops83.7M109.7M136.8M140.7M166.5M92.1M
Ebit(13.9M)296.1K27.7M22.0M19.8M10.8M
Total Operating Expenses2.6B3.2B3.4B3.4B3.7B3.0B
Tax Provision(11.3M)(5.5M)1.7M11.3M(12.8M)(12.2M)
Net Interest Income18.4M18.3M24.9M25.7M33.6M18.8M
Interest Income18.5M18.5M25.8M26.3M33.7M19.3M
Ebitda220.1M247.8M189.1M231.2M265.9M227.6M
Reconciled Depreciation147.8M157.6M164.1M149.0M136.8M119.8M

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Other Information on Investing in Weichai Stock

Weichai Heavy Machinery 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 Weichai Heavy shareholders. The income statement also shows Weichai 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).