Wangsu Historical Income Statement

300017 Stock   9.40  0.15  1.57%   
Historical analysis of Wangsu Science income statement accounts such as Selling General Administrative of 287.2 M, Total Revenue of 3.1 B or Operating Income of 330.3 M can show how well Wangsu Science Tech performed in making a profits. Evaluating Wangsu Science income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wangsu Science's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Wangsu Science Tech 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 Wangsu Science Tech 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 Wangsu Science Tech. 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 Wangsu Income Statement Analysis

Wangsu Science Tech 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 Wangsu Science shareholders. The income statement also shows Wangsu 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).

Wangsu Science Income Statement Chart

At present, Wangsu Science's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 355.5 M, whereas Interest Expense is forecasted to decline to about 7.1 M.

Total Revenue

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

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Wangsu Science Tech whose combined shares represent less than 50% of the total outstanding shares issued by Wangsu Science have a minority interest in Wangsu Science.
Most accounts from Wangsu Science's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wangsu Science Tech 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 Wangsu Science Tech. 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, Wangsu Science's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 355.5 M, whereas Interest Expense is forecasted to decline to about 7.1 M.
 2021 2022 2023 2024 (projected)
Income Before Tax137.7M194.1M651.4M382.9M
Cost Of Revenue3.4B3.8B3.2B2.1B

Wangsu Science income statement Correlations

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0.690.410.990.360.38-0.070.050.90.570.78-0.47-0.40.9-0.37-0.71-0.39-0.06-0.450.64
0.470.410.270.970.970.740.790.170.750.160.550.510.090.540.290.080.190.4-0.15
0.650.990.270.210.23-0.2-0.080.920.480.79-0.59-0.50.93-0.47-0.8-0.44-0.1-0.540.71
0.40.360.970.211.00.70.810.130.690.140.590.490.030.520.320.220.310.36-0.25
0.430.380.970.231.00.690.80.150.690.150.570.480.050.510.290.210.30.35-0.24
0.25-0.070.74-0.20.70.690.76-0.340.58-0.230.80.91-0.370.890.590.02-0.10.84-0.18
0.080.050.79-0.080.810.80.76-0.230.58-0.20.740.72-0.220.70.470.180.120.51-0.43
0.630.90.170.920.130.15-0.34-0.230.260.73-0.69-0.640.91-0.63-0.81-0.39-0.07-0.670.66
0.420.570.750.480.690.690.580.580.260.530.360.370.40.480.04-0.160.130.360.19
0.470.780.160.790.140.15-0.23-0.20.730.53-0.43-0.510.86-0.34-0.54-0.430.05-0.330.61
-0.23-0.470.55-0.590.590.570.80.74-0.690.36-0.430.9-0.670.910.890.450.30.84-0.66
-0.09-0.40.51-0.50.490.480.910.72-0.640.37-0.510.9-0.630.920.750.17-0.060.88-0.38
0.520.90.090.930.030.05-0.37-0.220.910.40.86-0.67-0.63-0.57-0.81-0.48-0.09-0.610.71
-0.02-0.370.54-0.470.520.510.890.7-0.630.48-0.340.910.92-0.570.760.130.010.96-0.42
-0.46-0.710.29-0.80.320.290.590.47-0.810.04-0.540.890.75-0.810.760.490.30.76-0.76
-0.41-0.390.08-0.440.220.210.020.18-0.39-0.16-0.430.450.17-0.480.130.490.850.06-0.72
-0.2-0.060.19-0.10.310.3-0.10.12-0.070.130.050.3-0.06-0.090.010.30.85-0.09-0.51
-0.02-0.450.4-0.540.360.350.840.51-0.670.36-0.330.840.88-0.610.960.760.06-0.09-0.33
0.590.64-0.150.71-0.25-0.24-0.18-0.430.660.190.61-0.66-0.380.71-0.42-0.76-0.72-0.51-0.33
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Wangsu Science Account Relationship Matchups

Wangsu Science income statement Accounts

201920202021202220232024 (projected)
Interest Expense35.8M891.9K14.1M16.4M7.6M7.1M
Selling General Administrative498.1M448.4M496.8M150.3M182.9M287.2M
Total Revenue6.0B5.7B4.6B5.1B4.7B3.1B
Operating Income187.6M267.5M(35.2M)211.8M398.1M330.3M
Cost Of Revenue4.5B4.2B3.4B3.8B3.2B2.1B
Income Before Tax21.7M218.3M137.7M194.1M651.4M382.9M
Net Income Applicable To Common Shares804.2M34.5M220.0M165.2M190.0M355.5M
Net Income34.5M220.0M165.2M190.6M613.1M365.1M
Income Tax Expense50.7M(15.6M)(1.2M)(25.9M)(29.8M)(28.3M)
Minority Interest528.0K(91.3K)1.6M6.5M6.7M7.7M
Research Development661.5M587.0M543.2M504.4M481.8M506.4M
Gross Profit1.5B1.4B1.2B1.3B1.5B1.3B
Other Operating Expenses24.2M14.6M12.2M13.0M14.9M14.0M
Net Income From Continuing Ops37.2M219.5M163.7M184.1M606.4M435.8M
Ebit661.7M78.5M164.8M(98.3M)(88.5M)(84.0M)
Total Operating Expenses5.8B5.4B4.6B4.9B4.3B5.0B
Tax Provision(15.6M)(1.2M)(25.9M)9.9M45.0M47.2M
Net Interest Income31.7M76.1M52.7M40.0M129.6M71.6M
Interest Income69.3M79.1M69.1M60.0M138.7M92.2M
Ebitda628.9M759.5M663.5M633.6M570.2M713.1M
Reconciled Depreciation571.5M540.3M511.6M423.1M344.9M377.3M

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Other Information on Investing in Wangsu Stock

Wangsu Science Tech 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 Wangsu Science shareholders. The income statement also shows Wangsu 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).