Tonghua Historical Income Statement

600365 Stock   2.80  0.03  1.06%   
Historical analysis of Tonghua Grape income statement accounts such as Selling General Administrative of 59.7 M, Total Revenue of 901.9 M or Operating Income of 9.6 M can show how well Tonghua Grape Wine performed in making a profits. Evaluating Tonghua Grape income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tonghua Grape's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tonghua Grape Wine 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 Tonghua Grape Wine 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 Tonghua Grape Wine. 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 Tonghua Income Statement Analysis

Tonghua Grape Wine 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 Tonghua Grape shareholders. The income statement also shows Tonghua 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).

Tonghua Grape Income Statement Chart

At present, Tonghua Grape'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 59.7 M, whereas Operating Income is forecasted to decline to about 9.6 M.

Total Revenue

Total revenue comprises all receipts Tonghua Grape Wine 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 Tonghua Grape Wine income statement and represents the costs associated with goods and services Tonghua Grape 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 Tonghua Grape Wine whose combined shares represent less than 50% of the total outstanding shares issued by Tonghua Grape have a minority interest in Tonghua Grape.
Most accounts from Tonghua Grape's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tonghua Grape Wine 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 Tonghua Grape Wine. 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, Tonghua Grape'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 59.7 M, whereas Operating Income is forecasted to decline to about 9.6 M.
 2021 2023 2024 (projected)
Other Operating Expenses11.7M10.5M9.8M
Research Development751.8K930.4K706.7K

Tonghua Grape income statement Correlations

0.70.430.69-0.03-0.330.350.510.490.1-0.07-0.130.680.58-0.2-0.470.51-0.290.17
0.70.541.0-0.19-0.540.60.130.85-0.120.12-0.730.220.84-0.44-0.270.89-0.40.53
0.430.540.530.620.30.770.450.240.360.76-0.160.230.620.420.440.580.45-0.24
0.691.00.53-0.2-0.550.590.130.85-0.130.11-0.730.190.83-0.45-0.270.88-0.410.53
-0.03-0.190.62-0.20.920.330.4-0.440.610.740.51-0.04-0.080.950.75-0.170.93-0.69
-0.33-0.540.3-0.550.920.050.21-0.690.580.590.68-0.16-0.370.980.76-0.460.95-0.74
0.350.60.770.590.330.050.210.360.130.56-0.370.030.570.150.30.580.220.04
0.510.130.450.130.40.210.21-0.120.380.320.320.450.130.380.10.110.29-0.59
0.490.850.240.85-0.44-0.690.36-0.12-0.31-0.11-0.710.110.65-0.64-0.50.72-0.640.8
0.1-0.120.36-0.130.610.580.130.38-0.310.440.430.240.060.620.440.040.55-0.54
-0.070.120.760.110.740.590.560.32-0.110.44-0.04-0.10.380.660.830.330.74-0.42
-0.13-0.73-0.16-0.730.510.68-0.370.32-0.710.43-0.040.21-0.680.650.17-0.80.51-0.69
0.680.220.230.19-0.04-0.160.030.450.110.24-0.10.210.4-0.08-0.350.21-0.16-0.14
0.580.840.620.83-0.08-0.370.570.130.650.060.38-0.680.4-0.27-0.040.95-0.20.36
-0.2-0.440.42-0.450.950.980.150.38-0.640.620.660.65-0.08-0.270.78-0.360.97-0.79
-0.47-0.270.44-0.270.750.760.30.1-0.50.440.830.17-0.35-0.040.78-0.070.89-0.61
0.510.890.580.88-0.17-0.460.580.110.720.040.33-0.80.210.95-0.36-0.07-0.280.42
-0.29-0.40.45-0.410.930.950.220.29-0.640.550.740.51-0.16-0.20.970.89-0.28-0.76
0.170.53-0.240.53-0.69-0.740.04-0.590.8-0.54-0.42-0.69-0.140.36-0.79-0.610.42-0.76
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Tonghua Grape Account Relationship Matchups

Tonghua Grape income statement Accounts

201920202021202220232024 (projected)
Interest Expense17.1M8.7M7.0M10.9M15.0M15.8M
Selling General Administrative122.0M111.6M83.5M52.6M51.3M59.7M
Total Revenue976.0M608.2M678.4M821.1M859.0M901.9M
Operating Income48.7M(477.0K)21.0M13.4M10.1M9.6M
Cost Of Revenue765.8M488.2M532.6M661.1M704.5M739.7M
Income Before Tax2.4M(55.7M)19.8M(39.0M)(63.6M)(60.4M)
Net Income Applicable To Common Shares4.2M(31.3M)(67.9M)3.8M3.4M3.6M
Net Income(31.3M)(67.9M)3.8M(51.7M)(72.8M)(69.2M)
Income Tax Expense20.1M13.8M4.9M10.6M12.2M9.1M
Minority Interest72.2M79.5M(5.5M)(155.1K)(915.12)(869.36)
Research Development738.9K704.2K751.8K1.3M930.4K706.7K
Other Operating Expenses11.6M13.1M10.8M11.7M10.5M9.8M
Tax Provision13.8M4.9M10.6M12.6M9.3M9.8M
Net Interest Income(7.0M)(4.3M)(6.0M)(11.2M)(16.0M)(15.2M)
Interest Income10.8M4.8M1.3M38.2K63.4K60.2K
Gross Profit210.2M120.0M145.7M160.0M154.5M173.3M
Net Income From Continuing Ops(11.4M)(60.6M)9.3M(51.6M)(72.8M)(69.2M)
Ebit64.5M21.8M(47.2M)14.1M12.6M20.1M
Total Operating Expenses927.3M608.7M657.3M807.6M848.9M858.0M
Ebitda30.6M(33.3M)43.7M(9.4M)(8.4M)(8.0M)
Reconciled Depreciation11.1M13.7M16.9M18.7M17.5M15.5M

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Other Information on Investing in Tonghua Stock

Tonghua Grape Wine 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 Tonghua Grape shareholders. The income statement also shows Tonghua 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).