Wenzhou Historical Income Statement

300283 Stock   6.74  0.04  0.60%   
Historical analysis of Wenzhou Hongfeng income statement accounts such as Interest Expense of 77.1 M, Selling General Administrative of 12.7 M or Selling And Marketing Expenses of 9 M can show how well Wenzhou Hongfeng Electrical performed in making a profits. Evaluating Wenzhou Hongfeng income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wenzhou Hongfeng's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng Electrical. 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 Wenzhou Income Statement Analysis

Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng shareholders. The income statement also shows Wenzhou 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).

Wenzhou Hongfeng Income Statement Chart

At present, Wenzhou Hongfeng'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 77.1 M, whereas Selling General Administrative is forecasted to decline to about 12.7 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng Electrical minus its cost of goods sold. It is profit before Wenzhou Hongfeng 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wenzhou Hongfeng Ele. It is also known as Wenzhou Hongfeng overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Wenzhou Hongfeng's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng Electrical. 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, Wenzhou Hongfeng'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 77.1 M, whereas Selling General Administrative is forecasted to decline to about 12.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense51.2M60.4M73.4M77.1M
Depreciation And Amortization70.0M81.8M95.1M99.8M

Wenzhou Hongfeng income statement Correlations

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0.970.810.670.980.750.98-0.27-0.110.560.980.950.070.70.22-0.03-0.550.820.5-0.52-0.990.80.93
0.830.810.80.80.660.81-0.39-0.230.330.80.84-0.130.63-0.03-0.01-0.490.860.39-0.39-0.830.670.88
0.760.670.80.710.710.71-0.31-0.060.420.710.74-0.20.33-0.1-0.22-0.510.840.52-0.62-0.70.430.69
0.970.980.80.710.781.0-0.24-0.080.591.00.950.090.680.24-0.03-0.540.850.56-0.51-0.970.720.92
0.760.750.660.710.780.760.260.490.910.760.660.40.160.51-0.1-0.470.820.81-0.71-0.740.520.79
0.980.980.810.711.00.76-0.28-0.120.551.00.960.060.70.2-0.03-0.530.840.53-0.49-0.970.730.92
-0.36-0.27-0.39-0.31-0.240.26-0.280.90.52-0.27-0.460.89-0.580.830.290.2-0.270.3-0.070.32-0.33-0.23
-0.13-0.11-0.23-0.06-0.080.49-0.120.90.75-0.11-0.290.71-0.670.69-0.06-0.030.030.55-0.420.14-0.14-0.03
0.560.560.330.420.590.910.550.520.750.560.410.57-0.110.66-0.12-0.420.590.83-0.72-0.530.390.58
0.970.980.80.711.00.761.0-0.27-0.110.560.960.070.690.22-0.03-0.530.840.54-0.49-0.970.730.92
0.970.950.840.740.950.660.96-0.46-0.290.410.96-0.120.780.03-0.03-0.480.830.42-0.4-0.940.750.87
-0.070.07-0.13-0.20.090.40.060.890.710.570.07-0.12-0.130.990.550.15-0.110.290.020.01-0.080.04
0.650.70.630.330.680.160.7-0.58-0.67-0.110.690.78-0.13-0.040.36-0.160.4-0.120.18-0.670.570.58
0.080.22-0.03-0.10.240.510.20.830.690.660.220.030.99-0.040.50.070.020.37-0.08-0.130.050.17
-0.15-0.03-0.01-0.22-0.03-0.1-0.030.29-0.06-0.12-0.03-0.030.550.360.50.24-0.38-0.290.580.13-0.15-0.17
-0.61-0.55-0.49-0.51-0.54-0.47-0.530.2-0.03-0.42-0.53-0.480.15-0.160.070.24-0.53-0.640.670.62-0.34-0.56
0.890.820.860.840.850.820.84-0.270.030.590.840.83-0.110.40.02-0.38-0.530.67-0.66-0.870.650.92
0.570.50.390.520.560.810.530.30.550.830.540.420.29-0.120.37-0.29-0.640.67-0.69-0.540.210.57
-0.57-0.52-0.39-0.62-0.51-0.71-0.49-0.07-0.42-0.72-0.49-0.40.020.18-0.080.580.67-0.66-0.690.57-0.39-0.56
-0.98-0.99-0.83-0.7-0.97-0.74-0.970.320.14-0.53-0.97-0.940.01-0.67-0.130.130.62-0.87-0.540.57-0.78-0.95
0.770.80.670.430.720.520.73-0.33-0.140.390.730.75-0.080.570.05-0.15-0.340.650.21-0.39-0.780.8
0.930.930.880.690.920.790.92-0.23-0.030.580.920.870.040.580.17-0.17-0.560.920.57-0.56-0.950.8
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Wenzhou Hongfeng Account Relationship Matchups

Wenzhou Hongfeng income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization57.5M62.6M70.0M81.8M95.1M99.8M
Interest Expense35.2M41.7M51.2M60.4M73.4M77.1M
Selling General Administrative11.4M11.8M13.3M15.0M24.2M12.7M
Selling And Marketing Expenses13.2M9.0M11.3M11.6M15.4M9.0M
Total Revenue1.9B1.8B2.4B2.1B2.9B3.0B
Gross Profit174.7M196.4M249.8M235.3M201.4M147.3M
Other Operating Expenses1.9B1.7B2.2B2.0B2.9B3.1B
Operating Income24.7M34.0M64.2M25.9M(19.4M)(18.4M)
Ebit69.8M88.5M120.7M102.2M(19.4M)(18.4M)
Ebitda127.3M151.2M190.8M184.0M75.7M99.9M
Cost Of Revenue1.8B1.6B2.1B1.9B2.7B2.8B
Total Operating Expenses108.6M111.5M141.2M149.6M220.8M231.8M
Income Before Tax25.2M35.2M63.7M25.1M17.9M24.2M
Total Other Income Expense Net490.5K1.2M(422.0K)(758.0K)37.2M39.1M
Net Income Applicable To Common Shares21.0M26.1M34.9M60.3M69.4M72.9M
Net Income26.1M34.9M60.3M30.3M21.1M31.3M
Income Tax Expense1.1M1.3M2.2M(3.7M)7.1M7.5M
Minority Interest2.7M2.0M(1.2M)1.5M10.4M7.1M
Research Development49.2M53.6M64.2M67.9M78.7M43.5M
Net Income From Continuing Ops24.2M34.0M61.5M28.8M10.7M10.2M
Tax Provision1.1M1.3M2.2M(3.7M)7.1M7.5M
Net Interest Income(37.4M)(42.8M)(52.2M)(58.2M)(72.1M)(68.5M)
Interest Income457.5K200.3K703.7K3.5M2.3M2.5M
Reconciled Depreciation57.5M62.6M70.0M81.8M94.5M69.8M

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Other Information on Investing in Wenzhou Stock

Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng shareholders. The income statement also shows Wenzhou 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).