Gotion Historical Income Statement

002074 Stock   23.14  0.08  0.34%   
Historical analysis of Gotion High income statement accounts such as Net Income Applicable To Common Shares of 213.6 M, Net Income of 985.7 M or Selling General Administrative of 1.4 B can show how well Gotion High tech performed in making a profits. Evaluating Gotion High income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gotion High's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Gotion High tech 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 Gotion High tech 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 Gotion High tech. 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 Gotion Income Statement Analysis

Gotion High tech 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 Gotion High shareholders. The income statement also shows Gotion 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).

Gotion High Income Statement Chart

At present, Gotion High's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 213.6 M, whereas Income Tax Expense is projected to grow to (116.5 M).

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Gotion High tech financial statement analysis. It represents the amount of money remaining after all of Gotion High tech operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts Gotion High tech 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 Gotion High tech 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 Gotion High tech 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.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Gotion High tech whose combined shares represent less than 50% of the total outstanding shares issued by Gotion High have a minority interest in Gotion High.
Most accounts from Gotion High's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gotion High tech 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 Gotion High tech. 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, Gotion High's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 213.6 M, whereas Income Tax Expense is projected to grow to (116.5 M).
 2021 2022 2023 2024 (projected)
Operating Income866.7M1.3B1.9B2.0B
Total Revenue10.4B23.1B31.6B33.2B

Gotion High income statement Correlations

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0.530.920.840.910.44-0.61-0.420.950.90.840.190.120.90.69-0.81-0.760.810.710.83
0.570.920.881.00.47-0.72-0.410.990.990.920.310.051.00.72-0.77-0.940.960.70.98
0.820.840.880.860.76-0.32-0.210.870.880.740.390.10.830.76-0.65-0.80.810.520.82
0.540.911.00.860.44-0.75-0.420.990.980.930.30.051.00.71-0.77-0.940.960.70.98
0.990.440.470.760.440.24-0.270.450.540.260.760.340.420.28-0.04-0.340.470.320.38
0.13-0.61-0.72-0.32-0.750.240.33-0.72-0.67-0.770.120.18-0.77-0.470.70.76-0.73-0.56-0.78
-0.31-0.42-0.41-0.21-0.42-0.270.33-0.4-0.45-0.49-0.6-0.66-0.450.130.010.16-0.38-0.68-0.33
0.550.950.990.870.990.45-0.72-0.40.980.910.270.040.990.72-0.79-0.910.940.710.96
0.630.90.990.880.980.54-0.67-0.450.980.880.430.130.990.65-0.68-0.90.960.720.96
0.370.840.920.740.930.26-0.77-0.490.910.880.140.190.920.66-0.79-0.860.830.660.91
0.750.190.310.390.30.760.12-0.60.270.430.140.510.32-0.180.33-0.160.40.420.26
0.330.120.050.10.050.340.18-0.660.040.130.190.510.06-0.40.240.16-0.060.44-0.04
0.520.91.00.831.00.42-0.77-0.450.990.990.920.320.060.68-0.75-0.930.970.720.98
0.360.690.720.760.710.28-0.470.130.720.650.66-0.18-0.40.68-0.88-0.770.660.240.71
-0.14-0.81-0.77-0.65-0.77-0.040.70.01-0.79-0.68-0.790.330.24-0.75-0.880.78-0.65-0.4-0.75
-0.43-0.76-0.94-0.8-0.94-0.340.760.16-0.91-0.9-0.86-0.160.16-0.93-0.770.78-0.94-0.54-0.98
0.560.810.960.810.960.47-0.73-0.380.940.960.830.4-0.060.970.66-0.65-0.940.640.97
0.390.710.70.520.70.32-0.56-0.680.710.720.660.420.440.720.24-0.4-0.540.640.63
0.480.830.980.820.980.38-0.78-0.330.960.960.910.26-0.040.980.71-0.75-0.980.970.63
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Gotion High Account Relationship Matchups

Gotion High income statement Accounts

201920202021202220232024 (projected)
Interest Expense373.3M352.6M389.6M711.0M1.2B1.2B
Net Income Applicable To Common Shares580.3M51.3M149.7M101.9M117.2M213.6M
Net Income51.3M149.7M101.9M311.6M938.7M985.7M
Selling General Administrative464.8M387.3M536.9M1.8B1.3B1.4B
Total Revenue5.0B6.7B10.4B23.1B31.6B33.2B
Operating Income637.8M883.7M866.7M1.3B1.9B2.0B
Cost Of Revenue3.3B5.0B8.4B18.9B26.3B27.6B
Income Before Tax51.9M166.4M47.8M259.0M948.2M995.6M
Income Tax Expense3.6M19.5M(29.1M)(106.7M)(122.7M)(116.5M)
Minority Interest151.8M169.3M25.0M(54.1M)(30.4M)(28.9M)
Research Development437.3M498.5M644.2M1.8B2.1B2.2B
Gross Profit1.6B1.7B1.9B4.1B5.3B5.6B
Other Operating Expenses40.9M38.1M43.5M483.7M556.2M584.0M
Net Income From Continuing Ops48.3M146.9M76.9M365.6M969.1M1.0B
Ebit249.1M(91.8M)32.2M866.7M780.0M434.9M
Total Operating Expenses4.0B5.8B9.5B21.8B29.7B31.2B
Tax Provision3.6M19.5M(29.1M)(106.7M)(20.9M)(19.9M)
Net Interest Income(284.8M)(300.8M)(335.0M)(322.7M)(797.5M)(757.6M)
Interest Income95.3M59.0M59.4M188.4M409.5M430.0M
Ebitda948.1M1.1B1.2B2.0B2.3B1.4B
Reconciled Depreciation523.0M600.3M804.9M1.1B1.8B1.9B

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Other Information on Investing in Gotion Stock

Gotion High tech 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 Gotion High shareholders. The income statement also shows Gotion 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).