Kingnet Historical Income Statement
002517 Stock | 13.62 0.87 6.82% |
Historical analysis of Kingnet Network income statement accounts such as Interest Expense of 1.3 M, Selling General Administrative of 140.3 M or Selling And Marketing Expenses of 1.2 B can show how well Kingnet Network Co performed in making a profits. Evaluating Kingnet Network income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kingnet Network's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Kingnet Network 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 Kingnet Network is a good buy for the upcoming year.
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About Kingnet Income Statement Analysis
Kingnet Network 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 Kingnet Network shareholders. The income statement also shows Kingnet 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).
Kingnet Network Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Kingnet Network 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kingnet Network Co minus its cost of goods sold. It is profit before Kingnet Network 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 Kingnet Network's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kingnet Network 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 Kingnet Network Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Kingnet Network's Depreciation And Amortization 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 140.3 M, whereas Interest Expense is forecasted to decline to about 1.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 2.8B | 3.5B | 3.7B | Total Revenue | 2.4B | 3.7B | 4.3B | 4.5B |
Kingnet Network income statement Correlations
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Kingnet Network Account Relationship Matchups
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Kingnet Network income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 14.3M | 3.5M | 12.7M | 93.2M | 115.9M | 121.6M | |
Interest Expense | 4.2M | 186.1K | 628.5K | 2.0M | 1.4M | 1.3M | |
Selling General Administrative | 90.9M | 68.1M | 60.1M | 51.4M | 133.6M | 140.3M | |
Selling And Marketing Expenses | 559.3M | 463.4M | 360.6M | 803.3M | 1.2B | 1.2B | |
Total Revenue | 2.0B | 1.5B | 2.4B | 3.7B | 4.3B | 4.5B | |
Gross Profit | 1.4B | 1.1B | 1.7B | 2.8B | 3.5B | 3.7B | |
Other Operating Expenses | 1.8B | 1.4B | 1.6B | 2.4B | 2.7B | 2.9B | |
Operating Income | 195.6M | 228.8M | 906.2M | 1.3B | 1.5B | 1.6B | |
Ebit | 195.6M | 228.8M | 906.2M | 1.3B | 1.5B | 1.6B | |
Research Development | 372.8M | 313.4M | 339.3M | 511.3M | 517.2M | 543.1M | |
Ebitda | 209.9M | 232.3M | 919.0M | 1.4B | 1.7B | 1.7B | |
Cost Of Revenue | 587.5M | 428.6M | 694.1M | 930.8M | 732.0M | 579.5M | |
Total Operating Expenses | 1.2B | 959.3M | 865.1M | 1.5B | 2.0B | 2.1B | |
Income Before Tax | (1.8B) | 253.6M | 936.2M | 1.4B | 1.7B | 1.8B | |
Total Other Income Expense Net | (2.0B) | 24.8M | 29.9M | 43.7M | 169.2M | 177.6M | |
Net Income Applicable To Common Shares | (1.9B) | 177.9M | 576.7M | 1.0B | 1.2B | 1.2B | |
Net Income | (1.8B) | 242.6M | 844.4M | 1.0B | 1.5B | 1.5B | |
Income Tax Expense | 70.5M | 11.0M | 91.7M | 23.0M | 116.6M | 122.5M | |
Net Income From Continuing Ops | (1.8B) | 242.6M | 844.4M | 1.4B | 1.6B | 1.7B | |
Minority Interest | 52.9M | 119.6M | (267.7M) | (336.1M) | (118.9M) | (113.0M) | |
Tax Provision | 76.7M | 11.0M | 91.7M | 23.0M | 116.6M | 122.5M | |
Net Interest Income | 6.5M | 15.3M | 10.7M | 34.1M | 57.8M | 60.7M | |
Interest Income | 11.3M | 15.5M | 11.7M | 36.4M | 59.5M | 62.5M | |
Reconciled Depreciation | 14.3M | 11.9M | 14.3M | 31.4M | 41.5M | 22.4M |
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Kingnet Network 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 Kingnet Network shareholders. The income statement also shows Kingnet 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).