Hubei Historical Income Statement

300387 Stock   8.25  0.02  0.24%   
Historical analysis of Hubei Forbon income statement accounts such as Selling General Administrative of 69.6 M, Total Revenue of 588.4 M or Operating Income of 82.7 M can show how well Hubei Forbon Technology performed in making a profits. Evaluating Hubei Forbon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hubei Forbon's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hubei Forbon Technology 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 Hubei Forbon Technology 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 Hubei Forbon Technology. 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 Hubei Income Statement Analysis

Hubei Forbon Technology 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 Hubei Forbon shareholders. The income statement also shows Hubei 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).

Hubei Forbon Income Statement Chart

At present, Hubei Forbon's Interest Expense 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 69.6 M, whereas Total Revenue is forecasted to decline to about 588.4 M.

Total Revenue

Total revenue comprises all receipts Hubei Forbon Technology 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.

Operating Income

Operating Income is the amount of profit realized from Hubei Forbon Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hubei Forbon Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Hubei Forbon Technology income statement and represents the costs associated with goods and services Hubei Forbon 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.

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 Hubei Forbon Technology whose combined shares represent less than 50% of the total outstanding shares issued by Hubei Forbon have a minority interest in Hubei Forbon.
Most accounts from Hubei Forbon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hubei Forbon Technology 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 Hubei Forbon Technology. 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, Hubei Forbon's Interest Expense 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 69.6 M, whereas Total Revenue is forecasted to decline to about 588.4 M.
 2021 2022 2023 2024 (projected)
Operating Income72.5M85.6M109.9M82.7M
Total Revenue683.0M847.5M1.0B588.4M

Hubei Forbon income statement Correlations

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0.270.790.990.470.330.770.720.86-0.84-0.290.340.97-0.82-0.460.62-0.77-0.160.670.91
0.340.790.730.830.770.80.370.85-0.720.150.690.7-0.8-0.240.51-0.5-0.110.620.64
0.160.990.730.370.230.710.780.82-0.82-0.330.280.99-0.76-0.510.62-0.79-0.180.680.92
0.560.470.830.370.970.80.010.65-0.520.470.610.35-0.50.10.49-0.080.070.560.29
0.590.330.770.230.970.7-0.150.57-0.440.520.60.21-0.460.290.380.070.190.450.16
0.590.770.80.710.80.70.310.76-0.660.030.360.68-0.67-0.120.64-0.48-0.160.660.65
-0.260.720.370.780.01-0.150.310.6-0.47-0.34-0.040.82-0.3-0.640.67-0.69-0.320.610.81
0.380.860.850.820.650.570.760.6-0.8-0.050.410.85-0.79-0.270.76-0.62-0.180.740.83
-0.29-0.84-0.72-0.82-0.52-0.44-0.66-0.47-0.80.26-0.32-0.840.810.23-0.490.57-0.21-0.64-0.73
0.04-0.290.15-0.330.470.520.03-0.34-0.050.260.53-0.370.290.360.150.620.170.14-0.46
0.150.340.690.280.610.60.36-0.040.41-0.320.530.2-0.5-0.20.07-0.07-0.020.150.06
0.130.970.70.990.350.210.680.820.85-0.84-0.370.2-0.74-0.520.68-0.82-0.20.720.95
-0.39-0.82-0.8-0.76-0.5-0.46-0.67-0.3-0.790.810.29-0.5-0.740.23-0.270.670.1-0.39-0.71
0.31-0.46-0.24-0.510.10.29-0.12-0.64-0.270.230.36-0.2-0.520.23-0.150.720.57-0.18-0.49
0.180.620.510.620.490.380.640.670.76-0.490.150.070.68-0.27-0.15-0.38-0.240.90.69
0.01-0.77-0.5-0.79-0.080.07-0.48-0.69-0.620.570.62-0.07-0.820.670.72-0.380.59-0.46-0.89
0.14-0.16-0.11-0.180.070.19-0.16-0.32-0.18-0.210.17-0.02-0.20.10.57-0.240.59-0.16-0.38
0.070.670.620.680.560.450.660.610.74-0.640.140.150.72-0.39-0.180.9-0.46-0.160.72
0.120.910.640.920.290.160.650.810.83-0.73-0.460.060.95-0.71-0.490.69-0.89-0.380.72
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Hubei Forbon Account Relationship Matchups

Hubei Forbon income statement Accounts

201920202021202220232024 (projected)
Interest Expense7.7M10.3M14.8M14.6M12.9M13.5M
Selling General Administrative92.7M46.2M50.4M53.8M66.8M69.6M
Total Revenue582.0M645.4M683.0M847.5M1.0B588.4M
Operating Income73.5M97.1M72.5M85.6M109.9M82.7M
Cost Of Revenue369.1M446.8M492.1M637.2M779.1M393.9M
Income Before Tax68.5M77.6M47.3M69.8M86.0M76.2M
Net Income Applicable To Common Shares60.9M69.2M39.5M53.9M61.9M65.5M
Net Income60.9M69.2M39.5M53.9M71.5M66.5M
Income Tax Expense11.5M10.6M7.5M12.1M13.9M10.4M
Research Development15.2M19.4M28.8M27.7M42.2M23.0M
Gross Profit212.9M198.7M190.9M210.3M269.4M227.7M
Other Operating Expenses2.6M1.9M2.4M61.3K55.2K52.4K
Net Income From Continuing Ops57.1M67.1M39.8M57.7M66.7M50.0M
Ebit66.4M82.6M71.1M85.6M77.0M63.3M
Total Operating Expenses508.5M548.3M610.5M761.9M938.6M615.8M
Minority Interest11.6M9.1M(327.5K)(3.9M)4.9M6.2M
Tax Provision11.5M10.6M7.5M12.1M19.4M12.7M
Net Interest Income(7.1M)(9.0M)(13.7M)(13.7M)(11.7M)(12.2M)
Interest Income933.4K1.7M1.2M1.4M1.8M2.2M
Ebitda98.2M110.8M86.0M108.9M125.2M110.5M
Reconciled Depreciation22.0M22.9M23.9M24.5M31.4M25.6M

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Other Information on Investing in Hubei Stock

Hubei Forbon Technology 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 Hubei Forbon shareholders. The income statement also shows Hubei 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).