Weihai Historical Income Statement

300699 Stock   34.62  0.70  2.06%   
Historical analysis of Weihai Guangwei income statement accounts such as Selling General Administrative of 62.6 M, Total Revenue of 1.5 B or Operating Income of 1.1 B can show how well Weihai Guangwei Composites performed in making a profits. Evaluating Weihai Guangwei income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Weihai Guangwei's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Weihai Guangwei Comp 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 Weihai Guangwei Comp 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 Weihai Guangwei Composites. 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 Weihai Income Statement Analysis

Weihai Guangwei Comp 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 Weihai Guangwei shareholders. The income statement also shows Weihai 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).

Weihai Guangwei Income Statement Chart

At present, Weihai Guangwei's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.1 B, whereas Selling General Administrative is forecasted to decline to about 62.6 M.

Total Revenue

Total revenue comprises all receipts Weihai Guangwei Comp 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 Weihai Guangwei Comp 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 Weihai Guangwei Composites 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.

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 Weihai Guangwei's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Weihai Guangwei Comp 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 Weihai Guangwei Composites. 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, Weihai Guangwei's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.1 B, whereas Selling General Administrative is forecasted to decline to about 62.6 M.
 2021 2022 2023 2024 (projected)
Operating Income841.9M991.1M1.1B1.1B
Total Revenue2.6B2.5B2.5B1.5B

Weihai Guangwei income statement Correlations

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Weihai Guangwei Account Relationship Matchups

Weihai Guangwei income statement Accounts

201920202021202220232024 (projected)
Interest Expense11.7M11.9M5.2M5.9M9.6M10.1M
Selling General Administrative89.1M81.7M61.2M102.1M80.1M62.6M
Total Revenue1.7B2.1B2.6B2.5B2.5B1.5B
Operating Income610.6M717.5M841.9M991.1M1.1B1.1B
Research Development190.1M274.2M232.4M192.4M168.3M165.4M
Cost Of Revenue891.7M1.1B1.4B1.3B1.3B751.7M
Income Before Tax608.2M724.9M851.6M1.0B992.9M510.9M
Income Tax Expense86.5M84.2M95.4M137.8M158.5M166.4M
Gross Profit823.3M1.1B1.2B1.2B1.2B888.1M
Other Operating Expenses103.7M31.1M14.2M42.1M48.4M38.7M
Net Income From Continuing Ops521.8M640.7M756.2M906.2M840.9M569.4M
Ebit535.4M649.4M850.0M887.1M1.0B554.2M
Total Operating Expenses1.1B1.4B1.8B1.5B1.5B1.2B
Net Income Applicable To Common Shares376.6M521.8M641.7M758.4M872.1M458.1M
Net Income521.8M641.7M758.4M934.3M873.2M577.2M
Tax Provision86.5M84.2M95.4M137.8M152.0M87.9M
Net Interest Income(9.5M)(10.1M)(1.7M)10.7M8.1M8.5M
Interest Income4.6M4.6M4.9M17.6M18.2M19.1M
Ebitda698.7M830.6M1.0B1.2B1.4B854.9M
Reconciled Depreciation78.7M93.9M146.1M178.2M197.5M139.4M

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Other Information on Investing in Weihai Stock

Weihai Guangwei Comp 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 Weihai Guangwei shareholders. The income statement also shows Weihai 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).