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.
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.
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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
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Operating Income
Operating Income is the amount of profit realized from Tongding Interconnection 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 Tongding Interconnection Information 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 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tongding Interconnection financial statement analysis. It represents the amount of money remaining after all of Tongding Interconnection Information operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 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 Profit | 421.7M | 640.6M | 750.0M | 684.5M | Research Development | 187.0M | 168.2M | 163.9M | 198.3M |
Tongding Interconnection income statement Correlations
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Tongding Interconnection Account Relationship Matchups
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Tongding Interconnection income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 188.3M | 200.5M | 201.8M | 128.5M | 94.4M | 63.1M | |
Selling General Administrative | 403.7M | 352.6M | 197.7M | 146.1M | 155.6M | 242.6M | |
Total Revenue | 3.5B | 3.6B | 3.0B | 3.3B | 3.3B | 3.1B | |
Operating Income | (350.8M) | 8.9M | (78.5M) | 218.9M | 325.9M | 253.2M | |
Cost Of Revenue | 2.9B | 3.0B | 2.6B | 2.7B | 2.6B | 2.3B | |
Income Before Tax | (2.2B) | 87.8M | (602.5M) | 154.5M | 299.4M | 314.4M | |
Net Income Applicable To Common Shares | (2.1B) | 43.6M | (646.7M) | 125.5M | 112.9M | 118.6M | |
Net Income | (2.1B) | 43.6M | (646.7M) | 125.5M | 236.8M | 248.6M | |
Income Tax Expense | (143.3M) | 46.2M | 44.4M | 27.4M | 31.5M | 33.0M | |
Minority Interest | 87.4M | 55.1M | 211.3K | (1.7M) | (414.4K) | (393.7K) | |
Research Development | 249.8M | 219.8M | 187.0M | 168.2M | 163.9M | 198.3M | |
Gross Profit | 621.1M | 549.2M | 421.7M | 640.6M | 750.0M | 684.5M | |
Other Operating Expenses | 9.9M | 14.9M | 56.0M | 6.2M | 5.6M | 5.3M | |
Net Income From Continuing Ops | (2.1B) | 41.6M | (646.9M) | 127.2M | 237.2M | 249.0M | |
Ebit | (746.7M) | (147.7M) | (78.5M) | 218.9M | 197.0M | 189.7M | |
Total Operating Expenses | 3.7B | 3.6B | 3.1B | 3.1B | 3.0B | 2.7B | |
Tax Provision | (143.3M) | 46.2M | 44.4M | 27.4M | 62.2M | 65.4M | |
Net Interest Income | (165.9M) | (175.4M) | (191.3M) | (108.7M) | (72.8M) | (76.5M) | |
Interest Income | 28.4M | 15.3M | 13.6M | 23.6M | 24.1M | 18.5M | |
Ebitda | (1.8B) | 461.5M | (205.8M) | 400.6M | 360.5M | 378.6M | |
Reconciled Depreciation | 230.4M | 187.2M | 194.9M | 117.5M | 110.7M | 137.6M |
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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).