North Historical Income Statement

002246 Stock   11.98  0.05  0.42%   
Historical analysis of North Chemical income statement accounts such as Selling General Administrative of 148.5 M, Total Revenue of 1.8 B or Operating Income of 25.8 M can show how well North Chemical Industries performed in making a profits. Evaluating North Chemical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of North Chemical's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining North Chemical Industries 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 North Chemical Industries 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 North Chemical Industries. 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 North Income Statement Analysis

North Chemical Industries 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 North Chemical shareholders. The income statement also shows North 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).

North Chemical Income Statement Chart

At present, North Chemical's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 148.5 M, whereas Total Revenue is forecasted to decline to about 1.8 B.

Total Revenue

Total revenue comprises all receipts North Chemical Industries 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 North Chemical Industries 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 North Chemical Industries 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 North Chemical Industries income statement and represents the costs associated with goods and services North Chemical 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from North Chemical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into North Chemical Industries 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 North Chemical Industries. 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, North Chemical's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 148.5 M, whereas Total Revenue is forecasted to decline to about 1.8 B.
 2021 2022 2023 2024 (projected)
Operating Income130.7M46.9M27.2M25.8M
Total Revenue2.6B2.6B2.2B1.8B

North Chemical income statement Correlations

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0.370.470.980.560.650.240.390.70.68-0.130.510.080.75-0.58-0.040.430.41-0.010.41
0.260.470.340.880.880.790.840.40.670.350.90.810.43-0.130.57-0.12-0.170.54-0.16
0.370.980.340.430.510.110.270.620.55-0.210.38-0.040.67-0.54-0.060.380.38-0.030.38
0.460.560.880.430.960.790.770.520.740.330.910.680.53-0.240.350.080.030.37-0.02
0.30.650.880.510.960.680.70.690.840.250.90.610.68-0.430.210.250.210.270.19
0.320.240.790.110.790.680.80.140.520.60.730.850.160.110.46-0.09-0.160.27-0.22
0.330.390.840.270.770.70.80.310.610.210.80.630.37-0.070.57-0.09-0.180.37-0.24
-0.060.70.40.620.520.690.140.310.85-0.170.540.010.94-0.84-0.320.720.71-0.250.68
-0.010.680.670.550.740.840.520.610.850.040.790.340.91-0.71-0.140.640.59-0.110.55
-0.08-0.130.35-0.210.330.250.60.21-0.170.040.320.72-0.240.510.34-0.27-0.270.28-0.28
0.190.510.90.380.910.90.730.80.540.790.320.720.57-0.270.40.050.00.48-0.04
0.120.080.81-0.040.680.610.850.630.010.340.720.72-0.020.240.58-0.35-0.390.58-0.37
-0.070.750.430.670.530.680.160.370.940.91-0.240.57-0.02-0.85-0.30.750.73-0.260.69
0.18-0.58-0.13-0.54-0.24-0.430.11-0.07-0.84-0.710.51-0.270.24-0.850.6-0.83-0.820.44-0.83
0.35-0.040.57-0.060.350.210.460.57-0.32-0.140.340.40.58-0.30.6-0.82-0.850.8-0.86
-0.290.43-0.120.380.080.25-0.09-0.090.720.64-0.270.05-0.350.75-0.83-0.820.99-0.770.96
-0.310.41-0.170.380.030.21-0.16-0.180.710.59-0.270.0-0.390.73-0.82-0.850.99-0.770.97
0.31-0.010.54-0.030.370.270.270.37-0.25-0.110.280.480.58-0.260.440.8-0.77-0.77-0.71
-0.350.41-0.160.38-0.020.19-0.22-0.240.680.55-0.28-0.04-0.370.69-0.83-0.860.960.97-0.71
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North Chemical Account Relationship Matchups

North Chemical income statement Accounts

201920202021202220232024 (projected)
Interest Expense2.7M360K3.3M4.7M3.6M3.8M
Selling General Administrative190.2M155.7M133.5M120.6M106.1M148.5M
Total Revenue2.5B2.4B2.6B2.6B2.2B1.8B
Operating Income150.1M102.7M130.7M46.9M27.2M25.8M
Cost Of Revenue1.9B1.9B2.1B2.1B1.7B1.4B
Income Before Tax150.5M97.4M107.7M95.2M48.8M82.0M
Net Income Applicable To Common Shares136.6M90.2M121.5M93.0M107.0M75.7M
Net Income136.6M90.2M121.5M93.0M55.5M71.8M
Income Tax Expense15.8M15.8M11.5M6.3M7.2M11.5M
Minority Interest220.2M211.1M25.4M4.1M3.1M2.9M
Research Development96.0M94.2M110.4M117.2M83.1M89.9M
Gross Profit585.2M492.0M540.0M483.4M463.8M519.9M
Other Operating Expenses13.7M12.3M15.8M16.3M14.7M13.3M
Net Income From Continuing Ops134.8M81.6M96.2M88.9M52.4M74.2M
Ebit105.1M57.2M86.3M27.9M25.1M23.8M
Total Operating Expenses2.3B2.3B2.5B2.5B2.1B2.3B
Tax Provision15.8M15.8M11.5M6.3M(3.6M)(3.5M)
Net Interest Income5.7M11.8M12.3M16.4M23.0M24.2M
Interest Income6.5M12.2M16.3M21.8M27.3M28.6M
Ebitda243.5M192.3M215.6M203.7M183.3M174.2M
Reconciled Depreciation93.0M95.3M104.5M103.9M115.3M108.4M

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Other Information on Investing in North Stock

North Chemical Industries 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 North Chemical shareholders. The income statement also shows North 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).