Sinosteel Historical Income Statement

688119 Stock   4.25  0.05  1.19%   
Historical analysis of Sinosteel Luonai income statement accounts such as Interest Income of 17 M, Interest Expense of 34.5 M or Selling General Administrative of 97.7 M can show how well Sinosteel Luonai Materials performed in making a profits. Evaluating Sinosteel Luonai income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sinosteel Luonai's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Sinosteel Luonai Mat 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 Sinosteel Luonai Mat 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 Sinosteel Luonai Materials. 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 Sinosteel Income Statement Analysis

Sinosteel Luonai Mat 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 Sinosteel Luonai shareholders. The income statement also shows Sinosteel 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).

Sinosteel Luonai Income Statement Chart

At present, Sinosteel Luonai's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.7 B, whereas Net Interest Income is forecasted to decline to (15.3 M).

Total Revenue

Total revenue comprises all receipts Sinosteel Luonai Mat 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sinosteel Luonai Materials minus its cost of goods sold. It is profit before Sinosteel Luonai operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Sinosteel Luonai Mat 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 Sinosteel Luonai Materials 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.

Cost Of Revenue

Cost of Revenue is found on Sinosteel Luonai Mat income statement and represents the costs associated with goods and services Sinosteel Luonai 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Sinosteel Luonai's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sinosteel Luonai Mat 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 Sinosteel Luonai Materials. 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, Sinosteel Luonai's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.7 B, whereas Net Interest Income is forecasted to decline to (15.3 M).
 2021 2022 2023 2024 (projected)
Interest Expense24.1M35.1M37.9M34.5M
Interest Income7.0M25.3M23.6M17.0M

Sinosteel Luonai income statement Correlations

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-0.920.940.740.490.940.37-0.32-0.270.980.950.950.91-0.44-0.37-0.14
-0.970.940.910.460.80.13-0.55-0.460.930.830.840.97-0.63-0.51-0.11
-0.860.740.910.470.56-0.26-0.79-0.670.780.620.630.9-0.8-0.70.06
-0.240.490.460.470.64-0.28-0.68-0.790.560.680.680.67-0.78-0.850.79
-0.740.940.80.560.640.37-0.23-0.250.940.990.990.83-0.38-0.410.04
-0.230.370.13-0.26-0.280.370.680.640.210.320.310.020.540.67-0.62
0.38-0.32-0.55-0.79-0.68-0.230.680.97-0.4-0.32-0.33-0.670.980.92-0.6
0.25-0.27-0.46-0.67-0.79-0.250.640.97-0.34-0.34-0.35-0.630.980.92-0.75
-0.910.980.930.780.560.940.21-0.4-0.340.950.950.93-0.51-0.5-0.05
-0.760.950.830.620.680.990.32-0.32-0.340.951.00.88-0.47-0.470.09
-0.770.950.840.630.680.990.31-0.33-0.350.951.00.88-0.48-0.480.1
-0.870.910.970.90.670.830.02-0.67-0.630.930.880.88-0.76-0.670.14
0.44-0.44-0.63-0.8-0.78-0.380.540.980.98-0.51-0.47-0.48-0.760.92-0.62
0.33-0.37-0.51-0.7-0.85-0.410.670.920.92-0.5-0.47-0.48-0.670.92-0.73
0.34-0.14-0.110.060.790.04-0.62-0.6-0.75-0.050.090.10.14-0.62-0.73
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Sinosteel Luonai Mat 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 Sinosteel Luonai shareholders. The income statement also shows Sinosteel 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).