HITECHGEAR Historical Income Statement

HITECHGEAR

801.35 21.95 2.82%

Historical analysis of Hi Tech income statement accounts such as Total Revenue of 6.4 B or Gross Profit of 2.7 B can show how well The Hi Tech Gears performed in making a profits. Evaluating Hi Tech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hi Tech's future profits or losses.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Hi Tech 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 Hi Tech is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hi Tech Gears. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About HITECHGEAR Income Statement Analysis

Hi Tech 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 Hi Tech shareholders. The income statement also shows HITECHGEAR 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).

Hi Tech Income Statement Chart

At this time, Hi Tech's EBIT is most likely to increase significantly in the upcoming years. The Hi Tech's current EBITDA is estimated to increase to about 2.5 B, while Total Revenue is projected to decrease to roughly 6.4 B.

Interest Expense Total Revenue Gross Profit Other Operating Expenses Operating Income

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 Hi Tech 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 The Hi Tech Gears minus its cost of goods sold. It is profit before Hi Tech 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 Hi Tech. It is also known as Hi Tech 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.

Operating Income

Operating Income is the amount of profit realized from Hi Tech 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 The Hi Tech Gears 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.

Most accounts from Hi Tech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hi Tech 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hi Tech Gears. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

	2021	2022	2023	2024 (projected)
Interest Expense	244.5M	331.7M	377.7M	396.6M
Depreciation And Amortization	522.9M	821.5M	611.7M	345.0M

Interest Expense Depreciation And Amortization

Hi Tech income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Research Development	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.76	0.95	0.96	0.95	0.3	0.4	0.6	0.92	0.89	0.24	-0.34	0.23	0.3	0.24	-0.48	0.65	0.25	0.17	0.89	-0.8	0.85
Interest Expense	0.76		0.81	0.78	0.76	0.69	0.77	0.87	0.81	0.61	0.61	-0.73	0.6	0.4	0.1	-0.37	0.52	0.63	0.38	0.91	-0.98	0.71
Total Revenue	0.95	0.81		0.99	0.96	0.4	0.52	0.68	0.99	0.84	0.36	-0.42	0.33	0.52	0.21	-0.53	0.7	0.34	0.36	0.94	-0.84	0.76
Gross Profit	0.96	0.78	0.99		0.93	0.42	0.54	0.69	0.95	0.82	0.4	-0.44	0.37	0.55	0.2	-0.53	0.71	0.37	0.37	0.92	-0.81	0.78
Other Operating Expenses	0.95	0.76	0.96	0.93		0.23	0.37	0.56	0.97	0.94	0.19	-0.25	0.15	0.39	0.21	-0.53	0.69	0.17	0.2	0.89	-0.79	0.75
Operating Income	0.3	0.69	0.4	0.42	0.23		0.97	0.92	0.37	0.01	0.97	-0.99	0.98	0.48	0.12	-0.2	0.26	0.98	0.56	0.51	-0.68	0.45
Ebit	0.4	0.77	0.52	0.54	0.37	0.97		0.97	0.49	0.16	0.97	-0.94	0.97	0.6	0.09	-0.28	0.35	0.95	0.6	0.6	-0.76	0.49
Ebitda	0.6	0.87	0.68	0.69	0.56	0.92	0.97		0.65	0.37	0.9	-0.91	0.9	0.56	0.15	-0.36	0.46	0.89	0.52	0.74	-0.87	0.65
Cost Of Revenue	0.92	0.81	0.99	0.95	0.97	0.37	0.49	0.65		0.83	0.32	-0.4	0.29	0.49	0.21	-0.51	0.67	0.31	0.34	0.94	-0.84	0.72
Total Operating Expenses	0.89	0.61	0.84	0.82	0.94	0.01	0.16	0.37	0.83		-0.01	-0.02	-0.05	0.22	0.17	-0.52	0.64	-0.04	-0.01	0.73	-0.65	0.7
Income Before Tax	0.24	0.61	0.36	0.4	0.19	0.97	0.97	0.9	0.32	-0.01		-0.92	0.99	0.61	0.08	-0.2	0.24	0.97	0.61	0.43	-0.6	0.37
Total Other Income Expense Net	-0.34	-0.73	-0.42	-0.44	-0.25	-0.99	-0.94	-0.91	-0.4	-0.02	-0.92		-0.93	-0.41	-0.14	0.19	-0.27	-0.95	-0.54	-0.56	0.72	-0.48
Net Income	0.23	0.6	0.33	0.37	0.15	0.98	0.97	0.9	0.29	-0.05	0.99	-0.93		0.53	0.09	-0.18	0.21	0.98	0.56	0.4	-0.59	0.37
Income Tax Expense	0.3	0.4	0.52	0.55	0.39	0.48	0.6	0.56	0.49	0.22	0.61	-0.41	0.53		0.0	-0.29	0.37	0.44	0.8	0.49	-0.37	0.16
Selling General Administrative	0.24	0.1	0.21	0.2	0.21	0.12	0.09	0.15	0.21	0.17	0.08	-0.14	0.09	0.0		-0.43	0.2	0.12	0.11	0.19	-0.17	0.21
Selling And Marketing Expenses	-0.48	-0.37	-0.53	-0.53	-0.53	-0.2	-0.28	-0.36	-0.51	-0.52	-0.2	0.19	-0.18	-0.29	-0.43		-0.87	-0.24	-0.19	-0.47	0.49	-0.2
Research Development	0.65	0.52	0.7	0.71	0.69	0.26	0.35	0.46	0.67	0.64	0.24	-0.27	0.21	0.37	0.2	-0.87		0.27	0.23	0.62	-0.61	0.38
Net Income From Continuing Ops	0.25	0.63	0.34	0.37	0.17	0.98	0.95	0.89	0.31	-0.04	0.97	-0.95	0.98	0.44	0.12	-0.24	0.27		0.57	0.44	-0.63	0.4
Tax Provision	0.17	0.38	0.36	0.37	0.2	0.56	0.6	0.52	0.34	-0.01	0.61	-0.54	0.56	0.8	0.11	-0.19	0.23	0.57		0.44	-0.32	0.11
Interest Income	0.89	0.91	0.94	0.92	0.89	0.51	0.6	0.74	0.94	0.73	0.43	-0.56	0.4	0.49	0.19	-0.47	0.62	0.44	0.44		-0.91	0.74
Net Interest Income	-0.8	-0.98	-0.84	-0.81	-0.79	-0.68	-0.76	-0.87	-0.84	-0.65	-0.6	0.72	-0.59	-0.37	-0.17	0.49	-0.61	-0.63	-0.32	-0.91		-0.72
Reconciled Depreciation	0.85	0.71	0.76	0.78	0.75	0.45	0.49	0.65	0.72	0.7	0.37	-0.48	0.37	0.16	0.21	-0.2	0.38	0.4	0.11	0.74	-0.72

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Hi Tech Account Relationship Matchups

Hi Tech income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	430.3M	430.8M	522.9M	821.5M	611.7M	345.0M
Interest Expense	288.5M	189.9M	244.5M	331.7M	377.7M	396.6M
Total Revenue	7.1B	7.3B	9.4B	11.4B	11.1B	6.4B
Gross Profit	3.2B	3.1B	3.7B	5.4B	5.3B	2.7B
Other Operating Expenses	6.6B	6.8B	9.1B	10.8B	7.7B	5.7B
Operating Income	430M	477.9M	303.9M	595.7M	3.3B	3.5B
Ebit	499.4M	572.9M	373.6M	670.4M	1.8B	1.8B
Ebitda	929.8M	1.0B	896.4M	1.5B	2.4B	2.5B
Cost Of Revenue	3.8B	4.2B	5.7B	6.0B	5.8B	3.7B
Total Operating Expenses	2.8B	2.6B	3.4B	4.8B	2.0B	2.1B
Income Before Tax	189.8M	340.1M	109.1M	339.4M	1.4B	1.4B
Total Other Income Expense Net	(249.6M)	(98.1M)	(151.1M)	(198.5M)	(2.0B)	(1.9B)
Net Income	82.8M	287.9M	(11.0M)	231.1M	1.1B	1.2B
Income Tax Expense	107.1M	52.3M	120.1M	108.3M	236.8M	130.0M
Selling General Administrative	96.4M	57.2M	170.2M	193.8M	189.7M	146.9M
Selling And Marketing Expenses	68.4M	106.6M	209.7M	207.4M	118.3M	198.2M
Net Income From Continuing Ops	82.8M	287.9M	(11.0M)	231.1M	1.1B	1.2B
Net Income Applicable To Common Shares	82.8M	287.9M	(11.0M)	231.1M	208.0M	163.6M
Tax Provision	107.1M	52.3M	120.1M	108.3M	236.8M	155.9M
Interest Income	258.4M	119.9M	264.5M	331.7M	381.4M	195.6M
Net Interest Income	(279.8M)	(232.8M)	(264.5M)	(331.7M)	(377.7M)	(396.6M)
Reconciled Depreciation	430.3M	430.8M	522.9M	821.5M	611.7M	571.0M

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HITECHGEAR Historical Income Statement

About HITECHGEAR Income Statement Analysis

Hi Tech Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Hi Tech income statement Correlations

Hi Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hi Tech income statement Accounts

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Other Information on Investing in HITECHGEAR Stock

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Gross Profit	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Net Income	+ 0.99	Income Before Tax
Net Income	+ 0.98	Operating Income
Net Income From Continuing Ops	+ 0.98	Operating Income
Net Income From Continuing Ops	+ 0.98	Net Income

Total Other Income Expense Net	- 0.99	Operating Income
Net Interest Income	- 0.98	Interest Expense
Net Income From Continuing Ops	- 0.95	Total Other Income Expense Net
Total Other Income Expense Net	- 0.94	Ebit
Net Income	- 0.93	Total Other Income Expense Net
Total Other Income Expense Net	- 0.92	Income Before Tax