Ebang Historical Income Statement
| EBON Stock | USD 7.37 0.32 4.54% |
Historical analysis of Ebang International income statement accounts such as Selling And Marketing Expenses of 1.9 M or Total Revenue of 4.6 M can show how well Ebang International Holdings performed in making a profits. Evaluating Ebang International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ebang International's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ebang International 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 Ebang International is a good buy for the upcoming year.
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About Ebang Income Statement Analysis
Ebang International 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 Ebang International shareholders. The income statement also shows Ebang 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).
Ebang International Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Ebang International 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 Ebang International. It is also known as Ebang International 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 Ebang International income statement and is an important metric when analyzing Ebang International 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 Ebang International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ebang International 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Ebang International's Interest Income is very stable compared to the past year. As of the 25th of November 2024, Reconciled Depreciation is likely to grow to about 5.5 M, while Selling General Administrative is likely to drop about 26.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 27.2M | 42.7M | 36.9M | 21.9M | Cost Of Revenue | 22.2M | 12.4M | 21.6M | 20.5M |
Ebang International income statement Correlations
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Ebang International Account Relationship Matchups
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Ebang International income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 8.9M | 7.2M | 6.3M | 10.7M | 3.5M | 5.2M | |
| Selling General Administrative | 18.1M | 22.8M | 24.5M | 59.5M | 29.0M | 26.4M | |
| Selling And Marketing Expenses | 1.2M | 925.4K | 1.4M | 2.0M | 1.9M | 1.9M | |
| Total Revenue | 109.1M | 19.0M | 51.5M | 32.3M | 4.9M | 4.6M | |
| Gross Profit | (30.6M) | (2.9M) | 29.2M | 19.9M | (16.7M) | (15.9M) | |
| Other Operating Expenses | 147.9M | 41.6M | 49.4M | 55.1M | 58.5M | 87.8M | |
| Operating Income | (50.6M) | (26.6M) | 2.0M | (22.8M) | (53.6M) | (51.0M) | |
| Ebit | (50.6M) | (22.1M) | 2.0M | (45.8M) | (39.1M) | (37.1M) | |
| Ebitda | (41.8M) | (15.0M) | 8.3M | (35.1M) | (35.5M) | (33.8M) | |
| Cost Of Revenue | 139.6M | 21.9M | 22.2M | 12.4M | 21.6M | 20.5M | |
| Total Operating Expenses | 8.3M | 19.7M | 27.2M | 42.7M | 36.9M | 21.9M | |
| Income Before Tax | (40.7M) | (22.9M) | 2.4M | (45.8M) | (39.1M) | (37.1M) | |
| Total Other Income Expense Net | 10.0M | 3.8M | 358.6K | 2.2M | 14.6M | 15.3M | |
| Net Income | (42.4M) | (32.1M) | 4.4M | (43.9M) | (36.8M) | (34.9M) | |
| Income Tax Expense | 400.3K | 9.3M | (378.8K) | (72.9K) | (1.0M) | (979.9K) | |
| Interest Expense | 287.2K | 921.0K | 2.0M | 728.3K | 4.4K | 795.8K | |
| Research Development | 13.4M | 8.5M | 6.6M | 5.1M | 7.4M | 8.8M | |
| Minority Interest | 7.6M | 6.7M | 1.7M | 1.9M | 1.3M | 1.2M | |
| Tax Provision | 400.3K | 9.3M | (378.8K) | (72.9K) | (1.0M) | (979.9K) | |
| Net Interest Income | (1.8M) | 96.1K | 1.8M | 4.4M | 11.9M | 12.5M | |
| Interest Income | 217.2K | 824.4K | 1.8M | 4.4M | 11.9M | 12.5M | |
| Net Income From Continuing Ops | (41.1M) | (32.1M) | 2.8M | (45.8M) | (38.0M) | (39.9M) | |
| Reconciled Depreciation | 8.9M | 7.2M | 6.3M | 10.7M | 3.5M | 5.5M |
Pair Trading with Ebang International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ebang International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ebang International will appreciate offsetting losses from the drop in the long position's value.Moving together with Ebang Stock
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| 0.68 | ASAN | Asana Inc | PairCorr |
Moving against Ebang Stock
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| 0.4 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.35 | PG | Procter Gamble | PairCorr |
The ability to find closely correlated positions to Ebang International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebang International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ebang International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ebang International Holdings to buy it.
The correlation of Ebang International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ebang International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebang International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ebang International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ebang International. If investors know Ebang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.60) | Revenue Per Share 0.572 | Quarterly Revenue Growth (0.48) | Return On Assets (0.1) | Return On Equity (0.12) |
The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ebang International's market value can be influenced by many factors that don't directly affect Ebang International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.