Bank Historical Income Statement

601577 Stock   8.67  0.17  2.00%   
Historical analysis of Bank of Changsha income statement accounts such as Selling General Administrative of 5.4 B, Total Revenue of 17.9 B or Gross Profit of 11.3 B can show how well Bank of Changsha performed in making a profits. Evaluating Bank of Changsha income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bank of Changsha's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Bank of Changsha 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 Bank of Changsha 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 Bank of Changsha. 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 Bank Income Statement Analysis

Bank of Changsha 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 Bank of Changsha shareholders. The income statement also shows Bank 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).

Bank of Changsha Income Statement Chart

The current year's Other Operating Expenses is expected to grow to about 204.5 M, whereas Interest Expense is forecasted to decline to about 11.3 B.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Bank of Changsha 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank of Changsha. It is also known as Bank of Changsha overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bank of Changsha income statement and is an important metric when analyzing Bank of Changsha 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bank of Changsha financial statement analysis. It represents the amount of money remaining after all of Bank of Changsha operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Bank of Changsha's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bank of Changsha 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 Bank of Changsha. 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.
The current year's Other Operating Expenses is expected to grow to about 204.5 M, whereas Interest Expense is forecasted to decline to about 11.3 B.
 2023 2024 (projected)
Gross Profit19.6B11.3B
Total Revenue24.9B17.9B

Bank of Changsha income statement Correlations

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0.880.90.81-0.550.790.930.80.93-0.310.930.94-0.590.980.950.94
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Bank of Changsha Account Relationship Matchups

Bank of Changsha income statement Accounts

201920202021202220232024 (projected)
Interest Expense13.0B14.3B16.5B17.8B20.1B11.3B
Selling General Administrative5.2B5.4B5.9B6.5B6.9B5.4B
Total Revenue17.0B18.0B20.5B22.9B24.9B17.9B
Other Operating Expenses134.5M165.8M175.8M215.8M194.2M204.5M
Net Income From Continuing Ops5.3B5.6B6.6B7.1B7.9B5.7B
Income Before Tax6.5B6.8B8.0B8.7B9.4B7.0B
Net Income Applicable To Common Shares5.1B5.3B6.3B6.8B7.8B5.2B
Net Income5.1B5.3B6.3B6.8B7.5B5.5B
Income Tax Expense1.2B1.2B1.4B1.5B1.8B1.3B
Minority Interest1.2B1.4B(265.3M)(332.4M)(388.9M)(369.5M)
Tax Provision1.2B1.2B1.4B1.5B1.5B1.4B
Net Interest Income12.3B15.0B16.1B18.0B20.0B15.5B
Interest Income25.3B29.2B32.6B35.8B40.2B30.3B
Reconciled Depreciation246.1M272.5M620.9M724.6M801.5M479.1M

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Other Information on Investing in Bank Stock

Bank of Changsha 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 Bank of Changsha shareholders. The income statement also shows Bank 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).