Niutech Historical Income Statement

688309 Stock   14.04  0.76  5.14%   
Historical analysis of Niutech Environment income statement accounts such as Net Interest Income of 4.1 M, Interest Income of 4.1 M or Interest Expense of 0.0 can show how well Niutech Environment Technology performed in making a profits. Evaluating Niutech Environment income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Niutech Environment's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Niutech Environment 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 Niutech Environment 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 Niutech Environment Technology. 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 Niutech Income Statement Analysis

Niutech Environment 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 Niutech Environment shareholders. The income statement also shows Niutech 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).

Niutech Environment Income Statement Chart

At present, Niutech Environment's Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 4.1 M, whereas Tax Provision is forecasted to decline to about 1.8 M.

Total Revenue

Total revenue comprises all receipts Niutech Environment 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 Niutech Environment Technology minus its cost of goods sold. It is profit before Niutech Environment 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Niutech Environment. It is also known as Niutech Environment 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.

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 Niutech Environment's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Niutech Environment 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 Niutech Environment Technology. 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, Niutech Environment's Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 4.1 M, whereas Tax Provision is forecasted to decline to about 1.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit39.8M70.2M89.6M85.0M
Total Revenue84.6M165.3M163.9M177.2M

Niutech Environment income statement Correlations

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1.0-0.01-0.070.060.790.78-0.150.940.980.980.440.970.820.68-0.040.990.98
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Niutech Environment Account Relationship Matchups

Niutech Environment income statement Accounts

201920202021202220232024 (projected)
Tax Provision10.7M9.0M(1.6M)2.4M1.9M1.8M
Net Interest Income395.7K981.8K1.6M2.7M3.9M4.1M
Interest Income457.9K1.7M1.6M2.5M3.9M4.1M
Selling General Administrative9.2M15.1M15.0M18.5M18.2M13.7M
Total Revenue234.8M174.6M84.6M165.3M163.9M177.2M
Gross Profit107.0M90.7M39.8M70.2M89.6M85.0M
Other Operating Expenses3.1M1.3M493.0K147.8M169.9M178.4M
Operating Income76.9M57.0M6.0M24.8M43.3M35.4M
Net Income From Continuing Ops64.4M46.0M(9.5M)14.6M18.1M25.7M
Ebit74.2M49.3M6.0M17.5M15.8M15.0M
Research Development10.4M10.4M8.2M12.2M12.4M10.9M
Ebitda80.4M62.3M(1.4M)35.0M31.5M38.5M
Cost Of Revenue127.8M83.9M44.8M95.1M74.4M67.0M
Total Operating Expenses158.0M117.6M78.5M140.5M120.6M128.6M
Reconciled Depreciation5.3M6.7M9.6M10.2M13.8M8.1M
Income Before Tax75.1M54.9M(11.0M)17.0M20.0M29.9M
Net Income Applicable To Common Shares64.4M46.0M(9.5M)14.6M13.2M12.5M
Net Income64.4M46.0M(9.5M)14.6M18.1M25.7M
Income Tax Expense10.7M9.0M(1.6M)2.4M2.1M2.0M

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Other Information on Investing in Niutech Stock

Niutech Environment 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 Niutech Environment shareholders. The income statement also shows Niutech 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).