Ningbo Historical Income Statement

300439 Stock   11.61  0.11  0.96%   
Historical analysis of Ningbo MedicalSystem income statement accounts such as Selling General Administrative of 307.3 M, Total Revenue of 1.8 B or Operating Income of 283.2 M can show how well Ningbo MedicalSystem Biotechnology performed in making a profits. Evaluating Ningbo MedicalSystem income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ningbo MedicalSystem's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ningbo MedicalSystem 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 Ningbo MedicalSystem 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 Ningbo MedicalSystem Biotechnology. 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 Ningbo Income Statement Analysis

Ningbo MedicalSystem 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 Ningbo MedicalSystem shareholders. The income statement also shows Ningbo 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).

Ningbo MedicalSystem Income Statement Chart

At present, Ningbo MedicalSystem's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 1.1 B, whereas Interest Expense is forecasted to decline to about 10.1 M.

Total Revenue

Total revenue comprises all receipts Ningbo MedicalSystem 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 Ningbo MedicalSystem 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 Ningbo MedicalSystem Biotechnology 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 Ningbo MedicalSystem income statement and represents the costs associated with goods and services Ningbo MedicalSystem 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Ningbo MedicalSystem's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ningbo MedicalSystem 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 Ningbo MedicalSystem Biotechnology. 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, Ningbo MedicalSystem's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 1.1 B, whereas Interest Expense is forecasted to decline to about 10.1 M.
 2021 2022 2023 2024 (projected)
Operating Income295.9M312.8M253.0M283.2M
Total Revenue2.3B2.5B1.9B1.8B

Ningbo MedicalSystem income statement Correlations

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0.950.961.0-0.11-0.180.510.820.980.57-0.280.780.99-0.610.420.42-0.690.3-0.390.78
0.870.960.94-0.03-0.120.670.730.950.37-0.220.890.93-0.770.630.56-0.690.22-0.310.62
0.941.00.94-0.15-0.220.510.790.970.58-0.310.760.99-0.590.410.43-0.730.27-0.410.77
-0.04-0.11-0.03-0.150.990.110.1-0.070.10.980.07-0.15-0.260.250.090.330.20.950.03
-0.09-0.18-0.12-0.220.990.020.07-0.140.10.99-0.02-0.21-0.170.160.00.410.210.960.01
0.450.510.670.510.110.020.150.47-0.04-0.040.860.45-0.870.940.9-0.75-0.4-0.02-0.07
0.850.820.730.790.10.070.150.830.64-0.050.540.79-0.310.1-0.02-0.240.57-0.20.84
0.920.980.950.97-0.07-0.140.470.830.53-0.240.780.99-0.640.420.38-0.590.42-0.360.8
0.670.570.370.580.10.1-0.040.640.530.020.130.590.07-0.220.02-0.330.39-0.050.74
-0.21-0.28-0.22-0.310.980.99-0.04-0.05-0.240.02-0.1-0.31-0.120.12-0.030.460.160.98-0.07
0.650.780.890.760.07-0.020.860.540.780.13-0.10.73-0.870.860.7-0.66-0.03-0.160.3
0.930.990.930.99-0.15-0.210.450.790.990.59-0.310.73-0.580.370.39-0.670.36-0.410.81
-0.52-0.61-0.77-0.59-0.26-0.17-0.87-0.31-0.640.07-0.12-0.87-0.58-0.93-0.770.540.02-0.07-0.19
0.30.420.630.410.250.160.940.10.42-0.220.120.860.37-0.930.86-0.56-0.290.12-0.12
0.330.420.560.430.090.00.9-0.020.380.02-0.030.70.39-0.770.86-0.76-0.340.02-0.12
-0.62-0.69-0.69-0.730.330.41-0.75-0.24-0.59-0.330.46-0.66-0.670.54-0.56-0.760.390.43-0.22
0.340.30.220.270.20.21-0.40.570.420.390.16-0.030.360.02-0.29-0.340.390.030.69
-0.32-0.39-0.31-0.410.950.96-0.02-0.2-0.36-0.050.98-0.16-0.41-0.070.120.020.430.03-0.21
0.80.780.620.770.030.01-0.070.840.80.74-0.070.30.81-0.19-0.12-0.12-0.220.69-0.21
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Ningbo MedicalSystem Account Relationship Matchups

Ningbo MedicalSystem income statement Accounts

201920202021202220232024 (projected)
Interest Expense81.4M55.1M29.3M15.6M10.7M10.1M
Selling General Administrative441.3M462.1M351.7M364.7M328.6M307.3M
Total Revenue3.1B2.3B2.3B2.5B1.9B1.8B
Operating Income377.0M268.6M295.9M312.8M253.0M283.2M
Cost Of Revenue2.1B1.5B1.3B1.5B1.0B1.1B
Income Before Tax(525.1M)347.0M218.2M223.3M295.7M184.2M
Net Income Applicable To Common Shares(559.9M)299.5M179.5M198.5M178.7M91.6M
Net Income(559.9M)299.5M179.5M198.5M256.6M137.3M
Income Tax Expense51.6M53.5M28.1M18.1M20.8M19.8M
Research Development128.3M135.5M150.7M171.8M149.8M128.8M
Gross Profit1.1B848.3M911.3M949.6M841.2M920.1M
Other Operating Expenses10.2M17.9M10.6M10.2M11.7M10.6M
Net Income From Continuing Ops(576.6M)293.6M190.2M205.2M259.5M145.0M
Ebit324.6M265.7M266.7M264.6M238.1M243.4M
Total Operating Expenses2.8B2.0B2.0B2.2B1.6B2.0B
Minority Interest51.1M45.3M(10.7M)(6.7M)(2.9M)(2.8M)
Tax Provision51.6M53.5M28.1M18.1M36.2M38.0M
Net Interest Income(80.1M)(53.5M)(23.2M)(9.2M)2.4M2.5M
Interest Income1.9M2.6M6.7M7.5M13.3M13.9M
Ebitda(282.2M)575.7M442.3M430.6M495.2M408.1M
Reconciled Depreciation161.5M173.5M194.8M191.7M169.6M180.8M

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Other Information on Investing in Ningbo Stock

Ningbo MedicalSystem 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 Ningbo MedicalSystem shareholders. The income statement also shows Ningbo 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).