China Historical Income Statement

600007 Stock   21.94  0.81  3.56%   
Historical analysis of China World income statement accounts such as Total Revenue of 2 B, Operating Income of 1.8 B or Income Before Tax of 1.8 B can show how well China World Trade performed in making a profits. Evaluating China World income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of China World's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining China World Trade 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 China World Trade 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 China World Trade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About China Income Statement Analysis

China World Trade 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 China World shareholders. The income statement also shows China 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).

China World Income Statement Chart

At present, China World's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 1.8 B, whereas Interest Expense is forecasted to decline to about 1.6 M.

Total Revenue

Total revenue comprises all receipts China World Trade 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 China World Trade 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 China World Trade 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on China World income statement and is an important metric when analyzing China World Trade profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 China World Trade whose combined shares represent less than 50% of the total outstanding shares issued by China World have a minority interest in China World.
Most accounts from China World's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into China World Trade 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 China World Trade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, China World's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 1.8 B, whereas Interest Expense is forecasted to decline to about 1.6 M.
 2021 2022 2023 2024 (projected)
Operating Income1.4B1.4B1.7B1.8B
Total Revenue3.6B3.4B4.0B2.0B

China World income statement Correlations

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0.690.860.850.840.86-0.550.080.940.820.990.960.830.840.840.630.840.99-0.05
0.040.560.50.450.51-0.75-0.030.430.830.560.470.240.250.60.630.520.58-0.67
0.580.70.710.680.71-0.65-0.020.770.730.840.780.620.660.740.840.520.81-0.1
0.730.870.880.870.88-0.490.110.970.81.00.980.880.890.820.990.580.810.01
0.38-0.020.010.070.010.630.270.13-0.490.010.110.30.280.05-0.05-0.67-0.10.01
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China World Account Relationship Matchups

China World income statement Accounts

201920202021202220232024 (projected)
Interest Expense112.8M117.7M115.9M95.6M1.7M1.6M
Total Revenue3.5B3.1B3.6B3.4B4.0B2.0B
Operating Income1.3B1.2B1.4B1.4B1.7B1.8B
Income Before Tax1.3B1.1B1.4B1.5B1.7B1.8B
Income Tax Expense260.3M328.3M278.9M341.9M393.2M412.8M
Net Income Applicable To Common Shares774.7M972.4M825.4M1.0B1.2B1.2B
Net Income972.4M825.4M1.0B1.1B1.3B1.3B
Minority Interest2.6M2.7M(811.5K)(982.0K)(902.1K)(857.0K)
Selling General Administrative119.7M121.1M122.0M98.1M105.6M118.7M
Gross Profit1.9B1.7B2.0B1.9B2.3B1.9B
Other Operating Expenses317.5M316.7M352.3M2.1B2.4B2.5B
Net Income From Continuing Ops973.1M826.1M1.0B1.1B1.3B968.9M
Ebit1.2B1.4B1.1B1.4B1.6B1.3B
Cost Of Revenue1.6B1.4B1.6B1.5B1.7B1.6B
Total Operating Expenses2.1B1.9B2.1B2.0B2.2B2.1B
Tax Provision328.3M278.9M341.9M376.9M420.2M337.1M
Net Interest Income(112.6M)(88.0M)(83.6M)(44.5M)27.6M29.0M
Interest Income4.3M19.2M33.9M52.2M31.7M21.2M
Ebitda1.6B1.4B1.6B1.7B2.0B1.6B
Reconciled Depreciation156.2M159.1M147.5M127.5M117.3M113.3M

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Other Information on Investing in China Stock

China World Trade 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 China World shareholders. The income statement also shows China 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).