Sinosteel Historical Income Statement

000928 Stock   7.10  0.21  3.05%   
Historical analysis of Sinosteel Engineering income statement accounts such as Selling General Administrative of 234.2 M, Total Revenue of 27.7 B or Operating Income of 1.3 B can show how well Sinosteel Engineering and performed in making a profits. Evaluating Sinosteel Engineering income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sinosteel Engineering's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Sinosteel Engineering and 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 Sinosteel Engineering and 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 Sinosteel Engineering and. 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 Sinosteel Income Statement Analysis

Sinosteel Engineering and 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 Sinosteel Engineering shareholders. The income statement also shows Sinosteel 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).

Sinosteel Engineering Income Statement Chart

At present, Sinosteel Engineering'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 27.7 B, whereas Selling General Administrative is forecasted to decline to about 234.2 M.

Total Revenue

Total revenue comprises all receipts Sinosteel Engineering and 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.

Operating Income

Operating Income is the amount of profit realized from Sinosteel Engineering and 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 Sinosteel Engineering and 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 Sinosteel Engineering and income statement and represents the costs associated with goods and services Sinosteel Engineering 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 Sinosteel Engineering income statement and is an important metric when analyzing Sinosteel Engineering and 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Sinosteel Engineering's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sinosteel Engineering and 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 Sinosteel Engineering and. 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, Sinosteel Engineering'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 27.7 B, whereas Selling General Administrative is forecasted to decline to about 234.2 M.
 2021 2022 2023 2024 (projected)
Operating Income518.0M862.8M1.3B1.3B
Total Revenue15.9B18.7B26.4B27.7B

Sinosteel Engineering income statement Correlations

0.210.10.20.150.090.420.03-0.020.12-0.07-0.06-0.09-0.04-0.070.03-0.04-0.07-0.07-0.07
0.210.81.00.910.910.78-0.320.64-0.680.820.640.890.790.390.39-0.220.150.850.66
0.10.80.790.860.860.650.070.64-0.560.590.60.60.540.340.12-0.010.280.550.28
0.21.00.790.90.90.77-0.340.64-0.680.830.640.90.80.390.4-0.230.150.860.67
0.150.910.860.90.990.83-0.110.49-0.720.710.510.770.660.440.33-0.120.240.770.63
0.090.910.860.90.990.82-0.050.5-0.750.730.530.780.670.470.27-0.130.240.780.61
0.420.780.650.770.830.820.020.22-0.630.420.260.50.40.420.370.040.280.540.53
0.03-0.320.07-0.34-0.11-0.050.02-0.3-0.04-0.44-0.18-0.51-0.490.06-0.650.250.14-0.46-0.66
-0.020.640.640.640.490.50.22-0.3-0.180.820.910.630.81-0.110.3-0.51-0.250.650.31
0.12-0.68-0.56-0.68-0.72-0.75-0.63-0.04-0.18-0.48-0.33-0.62-0.52-0.83-0.13-0.17-0.55-0.67-0.5
-0.070.820.590.830.710.730.42-0.440.82-0.480.780.910.970.210.4-0.47-0.080.950.71
-0.060.640.60.640.510.530.26-0.180.91-0.330.780.660.79-0.060.26-0.52-0.260.650.32
-0.090.890.60.90.770.780.5-0.510.63-0.620.910.660.880.340.38-0.350.040.930.78
-0.040.790.540.80.660.670.4-0.490.81-0.520.970.790.880.280.48-0.4-0.010.950.71
-0.070.390.340.390.440.470.420.06-0.11-0.830.21-0.060.340.28-0.050.590.880.40.31
0.030.390.120.40.330.270.37-0.650.3-0.130.40.260.380.48-0.05-0.13-0.060.460.63
-0.04-0.22-0.01-0.23-0.12-0.130.040.25-0.51-0.17-0.47-0.52-0.35-0.40.59-0.130.89-0.37-0.26
-0.070.150.280.150.240.240.280.14-0.25-0.55-0.08-0.260.04-0.010.88-0.060.890.060.06
-0.070.850.550.860.770.780.54-0.460.65-0.670.950.650.930.950.40.46-0.370.060.83
-0.070.660.280.670.630.610.53-0.660.31-0.50.710.320.780.710.310.63-0.260.060.83
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Sinosteel Engineering Account Relationship Matchups

Sinosteel Engineering income statement Accounts

201920202021202220232024 (projected)
Interest Expense127.6M126.3M155.5M133.8M122.2M128.4M
Selling General Administrative271.9M199.7M222.0M224.6M243.8M234.2M
Total Revenue13.4B14.8B15.9B18.7B26.4B27.7B
Operating Income927.3M965.7M518.0M862.8M1.3B1.3B
Cost Of Revenue11.7B13.2B14.6B17.0B24.1B25.3B
Income Before Tax681.7M725.7M835.6M827.7M1.0B1.1B
Net Income Applicable To Common Shares534.7M602.0M648.9M631.1M725.8M762.1M
Net Income534.7M602.0M648.9M631.1M761.5M799.6M
Income Tax Expense144.0M112.1M173.2M163.3M187.8M197.2M
Minority Interest64.0M115.3M(13.5M)(33.2M)(42.2M)(40.1M)
Gross Profit1.7B1.6B1.3B1.7B2.3B1.7B
Other Operating Expenses4.6M261.6K14.7M4.6M4.2M4.0M
Net Income From Continuing Ops537.8M613.6M662.4M664.3M803.7M627.0M
Ebit729.1M866.3M579.1M862.8M992.2M765.0M
Research Development55.2M225.6M273.9M328.3M377.1M396.0M
Total Operating Expenses12.4B13.9B15.3B17.9B25.1B14.3B
Tax Provision144.0M112.1M173.2M163.3M220.7M179.5M
Net Interest Income(126.9M)(105.9M)(132.2M)(140.6M)(68.4M)(65.0M)
Interest Income56.7M52.3M51.2M54.8M123.2M89.3M
Ebitda850.0M887.0M1.1B1.0B1.2B967.1M
Reconciled Depreciation40.6M35.1M82.5M84.7M73.6M65.6M

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Other Information on Investing in Sinosteel Stock

Sinosteel Engineering and 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 Sinosteel Engineering shareholders. The income statement also shows Sinosteel 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).