Tongding Historical Income Statement

002491 Stock   4.57  0.01  0.22%   
Historical analysis of Tongding Interconnection income statement accounts such as Selling General Administrative of 242.6 M, Total Revenue of 3.1 B or Operating Income of 253.2 M can show how well Tongding Interconnection Information performed in making a profits. Evaluating Tongding Interconnection income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tongding Interconnection's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tongding Interconnection 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 Tongding Interconnection 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 Tongding Interconnection Information. 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 Tongding Income Statement Analysis

Tongding Interconnection 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 Tongding Interconnection shareholders. The income statement also shows Tongding 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).

Tongding Interconnection Income Statement Chart

At present, Tongding Interconnection's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 314.4 M, whereas Interest Expense is forecasted to decline to about 63.1 M.

Total Revenue

Total revenue comprises all receipts Tongding Interconnection 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 Tongding Interconnection income statement and represents the costs associated with goods and services Tongding Interconnection 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 Tongding Interconnection income statement and is an important metric when analyzing Tongding Interconnection 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tongding Interconnection Information minus its cost of goods sold. It is profit before Tongding Interconnection operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Tongding Interconnection's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tongding Interconnection 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 Tongding Interconnection Information. 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, Tongding Interconnection's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 314.4 M, whereas Interest Expense is forecasted to decline to about 63.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit421.7M640.6M750.0M684.5M
Research Development187.0M168.2M163.9M198.3M

Tongding Interconnection income statement Correlations

0.55-0.080.6-0.29-0.29-0.250.590.44-0.04-0.06-0.34-0.320.42-0.01-0.33-0.320.06-0.280.51
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-0.080.440.230.870.860.790.17-0.250.83-0.120.830.91-0.010.330.670.41-0.440.76-0.37
0.60.970.23-0.03-0.050.080.570.720.1-0.4-0.16-0.120.380.51-0.35-0.380.42-0.290.09
-0.290.120.87-0.031.00.93-0.15-0.410.58-0.010.990.89-0.260.090.890.47-0.530.93-0.55
-0.290.110.86-0.051.00.92-0.16-0.430.58-0.020.990.89-0.260.070.890.48-0.520.93-0.55
-0.250.20.790.080.930.92-0.09-0.310.480.210.90.83-0.220.250.870.21-0.560.85-0.39
0.590.610.170.57-0.15-0.16-0.090.580.4-0.2-0.2-0.010.690.63-0.34-0.340.01-0.210.5
0.440.62-0.250.72-0.41-0.43-0.310.58-0.21-0.53-0.51-0.520.340.35-0.68-0.540.7-0.650.23
-0.040.330.830.10.580.580.480.4-0.21-0.130.580.80.390.450.410.21-0.440.570.05
-0.06-0.41-0.12-0.4-0.01-0.020.21-0.2-0.53-0.130.030.15-0.16-0.060.38-0.12-0.660.230.34
-0.340.010.83-0.160.990.990.9-0.2-0.510.580.030.9-0.260.030.920.5-0.580.96-0.53
-0.320.10.91-0.120.890.890.83-0.01-0.520.80.150.9-0.090.280.830.45-0.660.89-0.33
0.420.4-0.010.38-0.26-0.26-0.220.690.340.39-0.16-0.26-0.090.51-0.39-0.620.06-0.20.69
-0.010.580.330.510.090.070.250.630.350.45-0.060.030.280.51-0.14-0.33-0.02-0.050.22
-0.33-0.210.67-0.350.890.890.87-0.34-0.680.410.380.920.83-0.39-0.140.47-0.760.96-0.4
-0.32-0.270.41-0.380.470.480.21-0.34-0.540.21-0.120.50.45-0.62-0.330.47-0.230.46-0.72
0.060.29-0.440.42-0.53-0.52-0.560.010.7-0.44-0.66-0.58-0.660.06-0.02-0.76-0.23-0.75-0.16
-0.28-0.130.76-0.290.930.930.85-0.21-0.650.570.230.960.89-0.2-0.050.960.46-0.75-0.37
0.510.06-0.370.09-0.55-0.55-0.390.50.230.050.34-0.53-0.330.690.22-0.4-0.72-0.16-0.37
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Tongding Interconnection Account Relationship Matchups

Tongding Interconnection income statement Accounts

201920202021202220232024 (projected)
Interest Expense188.3M200.5M201.8M128.5M94.4M63.1M
Selling General Administrative403.7M352.6M197.7M146.1M155.6M242.6M
Total Revenue3.5B3.6B3.0B3.3B3.3B3.1B
Operating Income(350.8M)8.9M(78.5M)218.9M325.9M253.2M
Cost Of Revenue2.9B3.0B2.6B2.7B2.6B2.3B
Income Before Tax(2.2B)87.8M(602.5M)154.5M299.4M314.4M
Net Income Applicable To Common Shares(2.1B)43.6M(646.7M)125.5M112.9M118.6M
Net Income(2.1B)43.6M(646.7M)125.5M236.8M248.6M
Income Tax Expense(143.3M)46.2M44.4M27.4M31.5M33.0M
Minority Interest87.4M55.1M211.3K(1.7M)(414.4K)(393.7K)
Research Development249.8M219.8M187.0M168.2M163.9M198.3M
Gross Profit621.1M549.2M421.7M640.6M750.0M684.5M
Other Operating Expenses9.9M14.9M56.0M6.2M5.6M5.3M
Net Income From Continuing Ops(2.1B)41.6M(646.9M)127.2M237.2M249.0M
Ebit(746.7M)(147.7M)(78.5M)218.9M197.0M189.7M
Total Operating Expenses3.7B3.6B3.1B3.1B3.0B2.7B
Tax Provision(143.3M)46.2M44.4M27.4M62.2M65.4M
Net Interest Income(165.9M)(175.4M)(191.3M)(108.7M)(72.8M)(76.5M)
Interest Income28.4M15.3M13.6M23.6M24.1M18.5M
Ebitda(1.8B)461.5M(205.8M)400.6M360.5M378.6M
Reconciled Depreciation230.4M187.2M194.9M117.5M110.7M137.6M

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Other Information on Investing in Tongding Stock

Tongding Interconnection 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 Tongding Interconnection shareholders. The income statement also shows Tongding 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).