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.
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.
Wenzhou |
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
Add Fundamental
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.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.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 Expense | 51.2M | 60.4M | 73.4M | 77.1M | Depreciation And Amortization | 70.0M | 81.8M | 95.1M | 99.8M |
Wenzhou Hongfeng income statement Correlations
Click cells to compare fundamentals
Wenzhou Hongfeng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wenzhou Hongfeng income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 57.5M | 62.6M | 70.0M | 81.8M | 95.1M | 99.8M | |
Interest Expense | 35.2M | 41.7M | 51.2M | 60.4M | 73.4M | 77.1M | |
Selling General Administrative | 11.4M | 11.8M | 13.3M | 15.0M | 24.2M | 12.7M | |
Selling And Marketing Expenses | 13.2M | 9.0M | 11.3M | 11.6M | 15.4M | 9.0M | |
Total Revenue | 1.9B | 1.8B | 2.4B | 2.1B | 2.9B | 3.0B | |
Gross Profit | 174.7M | 196.4M | 249.8M | 235.3M | 201.4M | 147.3M | |
Other Operating Expenses | 1.9B | 1.7B | 2.2B | 2.0B | 2.9B | 3.1B | |
Operating Income | 24.7M | 34.0M | 64.2M | 25.9M | (19.4M) | (18.4M) | |
Ebit | 69.8M | 88.5M | 120.7M | 102.2M | (19.4M) | (18.4M) | |
Ebitda | 127.3M | 151.2M | 190.8M | 184.0M | 75.7M | 99.9M | |
Cost Of Revenue | 1.8B | 1.6B | 2.1B | 1.9B | 2.7B | 2.8B | |
Total Operating Expenses | 108.6M | 111.5M | 141.2M | 149.6M | 220.8M | 231.8M | |
Income Before Tax | 25.2M | 35.2M | 63.7M | 25.1M | 17.9M | 24.2M | |
Total Other Income Expense Net | 490.5K | 1.2M | (422.0K) | (758.0K) | 37.2M | 39.1M | |
Net Income Applicable To Common Shares | 21.0M | 26.1M | 34.9M | 60.3M | 69.4M | 72.9M | |
Net Income | 26.1M | 34.9M | 60.3M | 30.3M | 21.1M | 31.3M | |
Income Tax Expense | 1.1M | 1.3M | 2.2M | (3.7M) | 7.1M | 7.5M | |
Minority Interest | 2.7M | 2.0M | (1.2M) | 1.5M | 10.4M | 7.1M | |
Research Development | 49.2M | 53.6M | 64.2M | 67.9M | 78.7M | 43.5M | |
Net Income From Continuing Ops | 24.2M | 34.0M | 61.5M | 28.8M | 10.7M | 10.2M | |
Tax Provision | 1.1M | 1.3M | 2.2M | (3.7M) | 7.1M | 7.5M | |
Net Interest Income | (37.4M) | (42.8M) | (52.2M) | (58.2M) | (72.1M) | (68.5M) | |
Interest Income | 457.5K | 200.3K | 703.7K | 3.5M | 2.3M | 2.5M | |
Reconciled Depreciation | 57.5M | 62.6M | 70.0M | 81.8M | 94.5M | 69.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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).