Mingchen Historical Income Statement

002919 Stock   15.43  0.13  0.84%   
Historical analysis of Mingchen Health income statement accounts such as Interest Expense of 3.9 M, Selling General Administrative of 18.6 M or Selling And Marketing Expenses of 697.9 M can show how well Mingchen Health Co performed in making a profits. Evaluating Mingchen Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mingchen Health's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Mingchen Health 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 Mingchen Health 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 Mingchen Health 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.

About Mingchen Income Statement Analysis

Mingchen Health 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 Mingchen Health shareholders. The income statement also shows Mingchen 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).

Mingchen Health Income Statement Chart

At present, Mingchen Health's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 3.9 M, whereas Selling General Administrative is forecasted to decline to about 18.6 M.

Total Revenue

Total revenue comprises all receipts Mingchen Health 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 Mingchen Health Co minus its cost of goods sold. It is profit before Mingchen Health 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 Mingchen Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mingchen Health 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 Mingchen Health 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, Mingchen Health's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 3.9 M, whereas Selling General Administrative is forecasted to decline to about 18.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M1.9M3.7M3.9M
Depreciation And Amortization43.5M50.3M175.3M184.1M

Mingchen Health income statement Correlations

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0.780.390.760.710.760.70.10.290.710.370.760.1-0.790.2-0.760.65-0.63-0.610.190.330.78
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0.970.760.010.960.970.970.010.240.840.70.99-0.01-0.960.11-0.840.77-0.83-0.620.260.050.99
0.980.71-0.180.960.991.00.270.470.940.810.980.25-0.930.36-0.860.86-0.89-0.650.340.250.98
0.990.76-0.070.970.990.990.230.440.930.760.990.21-0.950.33-0.890.86-0.9-0.660.340.250.99
0.980.7-0.150.971.00.990.190.40.90.80.990.17-0.930.28-0.860.85-0.9-0.610.360.180.98
0.240.1-0.390.010.270.230.190.940.540.360.111.0-0.110.99-0.20.41-0.32-0.390.160.920.14
0.450.29-0.370.240.470.440.40.940.710.580.330.94-0.360.96-0.370.53-0.48-0.570.110.890.37
0.940.71-0.180.840.940.930.90.540.710.740.880.53-0.880.61-0.80.83-0.85-0.780.240.550.91
0.730.37-0.460.70.810.760.80.360.580.740.740.34-0.660.45-0.620.71-0.75-0.420.340.230.71
0.980.76-0.020.990.980.990.990.110.330.880.740.09-0.940.22-0.90.85-0.9-0.590.370.140.99
0.220.1-0.4-0.010.250.210.171.00.940.530.340.09-0.090.98-0.180.39-0.3-0.390.140.920.13
-0.97-0.79-0.03-0.96-0.93-0.95-0.93-0.11-0.36-0.88-0.66-0.94-0.09-0.190.78-0.690.750.79-0.06-0.18-0.98
0.330.2-0.340.110.360.330.280.990.960.610.450.220.98-0.19-0.340.53-0.45-0.390.260.940.24
-0.87-0.76-0.15-0.84-0.86-0.89-0.86-0.2-0.37-0.8-0.62-0.9-0.180.78-0.34-0.950.960.38-0.62-0.31-0.85
0.830.65-0.050.770.860.860.850.410.530.830.710.850.39-0.690.53-0.95-0.98-0.330.720.440.79
-0.88-0.630.09-0.83-0.89-0.9-0.9-0.32-0.48-0.85-0.75-0.9-0.30.75-0.450.96-0.980.37-0.66-0.33-0.85
-0.72-0.610.04-0.62-0.65-0.66-0.61-0.39-0.57-0.78-0.42-0.59-0.390.79-0.390.38-0.330.370.4-0.45-0.71
0.270.19-0.050.260.340.340.360.160.110.240.340.370.14-0.060.26-0.620.72-0.660.40.140.23
0.280.33-0.060.050.250.250.180.920.890.550.230.140.92-0.180.94-0.310.44-0.33-0.450.140.18
0.990.78-0.020.990.980.990.980.140.370.910.710.990.13-0.980.24-0.850.79-0.85-0.710.230.18
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Mingchen Health Account Relationship Matchups

Mingchen Health income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization16.4M29.7M43.5M50.3M175.3M184.1M
Interest Expense46.1K2.2M1.7M1.9M3.7M3.9M
Selling General Administrative11.9M14.4M19.3M25.5M24.7M18.6M
Selling And Marketing Expenses110.9M74.7M83.3M321.0M664.7M697.9M
Total Revenue517.5M680.6M744.1M945.4M1.6B1.7B
Gross Profit199.3M288.9M374.9M496.3M986.9M1.0B
Other Operating Expenses492.7M567.6M622.9M956.8M1.5B1.6B
Operating Income27.0M105.2M126.7M16.8M57.9M58.2M
Ebit27.0M105.2M126.7M16.8M103.3M64.5M
Ebitda43.3M134.8M170.2M67.1M278.7M292.6M
Cost Of Revenue318.1M391.7M369.2M449.1M650.7M425.0M
Total Operating Expenses174.6M175.9M253.7M507.7M884.9M929.2M
Income Before Tax26.2M104.8M127.5M15.2M56.6M58.7M
Total Other Income Expense Net(760.6K)(389.4K)760.4K(1.6M)(44.8M)(42.6M)
Net Income23.1M102.2M133.5M25.4M70.4M57.6M
Income Tax Expense3.1M2.5M(6.0M)(10.1M)(13.7M)(13.0M)
Research Development15.5M46.3M98.5M110.3M111.3M116.8M
Tax Provision3.1M2.5M(6.0M)(10.1M)(13.7M)(13.0M)
Net Interest Income1.0M(436.6K)328.8K3.8M(2.9M)(2.7M)
Interest Income1.1M1.8M3.2M6.0M1.1M2.1M
Net Income From Continuing Ops23.1M102.2M133.5M25.3M70.4M66.0M
Net Income Applicable To Common Shares23.1M102.2M133.5M25.3M29.1M27.7M
Reconciled Depreciation9.5M12.4M24.1M50.3M175.3M184.1M

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Other Information on Investing in Mingchen Stock

Mingchen Health 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 Mingchen Health shareholders. The income statement also shows Mingchen 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).