Qinghaihuading Historical Income Statement

600243 Stock   4.45  0.06  1.37%   
Historical analysis of Qinghaihuading Industrial income statement accounts such as Selling General Administrative of 23.3 M, Total Revenue of 338.2 M or Cost Of Revenue of 655.6 M can show how well Qinghaihuading Industrial Co performed in making a profits. Evaluating Qinghaihuading Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qinghaihuading Industrial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qinghaihuading Industrial 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 Qinghaihuading Industrial 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 Qinghaihuading Industrial Co. 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 Qinghaihuading Income Statement Analysis

Qinghaihuading Industrial 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 Qinghaihuading Industrial shareholders. The income statement also shows Qinghaihuading 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).

Qinghaihuading Industrial Income Statement Chart

At present, Qinghaihuading Industrial's Cost Of Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 22.9 M, whereas Interest Expense is forecasted to decline to about 5.6 M.

Total Revenue

Total revenue comprises all receipts Qinghaihuading Industrial 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.

Cost Of Revenue

Cost of Revenue is found on Qinghaihuading Industrial income statement and represents the costs associated with goods and services Qinghaihuading Industrial 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Qinghaihuading Industrial income statement and is an important metric when analyzing Qinghaihuading Industrial 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.
Most accounts from Qinghaihuading Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qinghaihuading Industrial 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 Qinghaihuading Industrial Co. 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, Qinghaihuading Industrial's Cost Of Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 22.9 M, whereas Interest Expense is forecasted to decline to about 5.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit97.9M46.8M22.1M21.0M
Research Development15.3M14.6M14.8M22.9M

Qinghaihuading Industrial income statement Correlations

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0.380.280.090.80.780.170.170.160.740.40.810.910.35-0.64-0.09-0.42-0.630.760.12
0.810.90.090.170.20.170.260.520.390.40.210.230.52-0.34-0.21-0.420.250.270.52
0.350.360.80.170.990.480.330.320.690.630.990.860.41-0.530.15-0.66-0.560.970.28
0.390.390.780.20.990.450.290.340.710.641.00.870.46-0.560.07-0.68-0.530.970.32
0.220.30.170.170.480.450.110.30.310.580.440.160.33-0.130.6-0.64-0.010.490.32
0.060.320.170.260.330.290.110.50.240.490.30.330.2-0.050.03-0.39-0.110.390.25
0.620.620.160.520.320.340.30.50.670.840.350.380.86-0.51-0.24-0.770.50.450.81
0.740.650.740.390.690.710.310.240.670.780.750.870.86-0.9-0.35-0.84-0.080.780.66
0.580.610.40.40.630.640.580.490.840.780.660.60.77-0.50.01-0.910.10.720.7
0.430.420.810.210.991.00.440.30.350.750.660.90.49-0.610.03-0.7-0.530.980.34
0.510.450.910.230.860.870.160.330.380.870.60.90.56-0.78-0.23-0.64-0.50.890.33
0.760.680.350.520.410.460.330.20.860.860.770.490.56-0.81-0.45-0.860.370.570.9
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-0.36-0.27-0.09-0.210.150.070.60.03-0.24-0.350.010.03-0.23-0.450.480.07-0.180.04-0.42
-0.65-0.67-0.42-0.42-0.66-0.68-0.64-0.39-0.77-0.84-0.91-0.7-0.64-0.860.70.07-0.1-0.79-0.75
0.210.16-0.630.25-0.56-0.53-0.01-0.110.5-0.080.1-0.53-0.50.370.0-0.18-0.1-0.430.48
0.460.480.760.270.970.970.490.390.450.780.720.980.890.57-0.650.04-0.79-0.430.44
0.60.640.120.520.280.320.320.250.810.660.70.340.330.9-0.55-0.42-0.750.480.44
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Qinghaihuading Industrial Account Relationship Matchups

Qinghaihuading Industrial income statement Accounts

201920202021202220232024 (projected)
Interest Expense31.4M31.2M11.6M11.1M6.7M5.6M
Selling General Administrative103.8M50.5M46.8M43.3M24.5M23.3M
Total Revenue706.4M636.7M676.0M535.1M356.0M338.2M
Operating Income(175.3M)(71.0M)(2.4M)(73.8M)(37.5M)(35.6M)
Cost Of Revenue653.9M581.7M578.1M488.3M333.9M655.6M
Income Before Tax(429.2M)54.1M(99.7M)(176.3M)(146.9M)(139.6M)
Net Income Applicable To Common Shares(418.2M)29.0M(111.8M)(152.7M)(137.4M)(130.6M)
Net Income(418.2M)29.0M(109.2M)(152.7M)(159.3M)(151.3M)
Income Tax Expense10.4M39.9M3.6M(10.8M)(12.5M)(11.8M)
Minority Interest(15.4M)4.0M(4.8M)12.8M7.6M7.2M
Research Development30.5M21.4M15.3M14.6M14.8M22.9M
Gross Profit52.4M55.0M97.9M46.8M22.1M21.0M
Other Operating Expenses8.5M10.7M5.4M4.7M4.2M4.0M
Net Income From Continuing Ops(439.6M)14.1M(104.4M)(165.5M)(166.9M)(175.2M)
Ebit(378.3M)(155.5M)(116.4M)(137.0M)(123.3M)(129.5M)
Total Operating Expenses865.8M707.7M678.5M608.9M393.5M640.1M
Tax Provision10.4M39.9M4.8M(10.8M)20.0M10.2M
Net Interest Income(16.6M)(27.5M)(10.2M)(11.1M)(4.3M)(4.5M)
Interest Income15.5M3.6M1.7M209.8K2.5M5.0M
Ebitda(351.0M)125.2M(40.0M)(132.3M)(119.1M)(113.2M)
Reconciled Depreciation46.8M39.9M48.1M32.9M21.9M34.4M

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Other Information on Investing in Qinghaihuading Stock

Qinghaihuading Industrial 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 Qinghaihuading Industrial shareholders. The income statement also shows Qinghaihuading 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).