IQIYI Historical Income Statement
IQ Stock | USD 2.14 0.05 2.39% |
Historical analysis of IQIYI income statement accounts such as Discontinued Operations of 0.0 can show how well iQIYI Inc performed in making a profits. Evaluating IQIYI income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IQIYI's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining iQIYI Inc 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 iQIYI Inc is a good buy for the upcoming year.
IQIYI |
About IQIYI Income Statement Analysis
iQIYI Inc 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 IQIYI shareholders. The income statement also shows IQIYI 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).
IQIYI Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of iQIYI Inc. It is also known as IQIYI 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.Most accounts from IQIYI's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into iQIYI Inc 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 iQIYI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. At this time, IQIYI's EBITDA is relatively stable compared to the past year. As of 12/17/2024, Cost Of Revenue is likely to grow to about 23.6 B, while Depreciation And Amortization is likely to drop slightly above 11.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 715.1M | 1.1B | 698.4M | Depreciation And Amortization | 16.8B | 13.7B | 14.1B | 11.4B |
IQIYI income statement Correlations
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IQIYI Account Relationship Matchups
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High Negative Relationship
IQIYI income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 51.9M | 23.3M | 96.5M | 84M | 80.0M | 52.7M | |
Interest Income | 402.1M | 157.5M | 118.6M | 69.6M | 257.5M | 176.9M | |
Depreciation And Amortization | 137.5M | 17.2B | 16.8B | 13.7B | 14.1B | 11.4B | |
Interest Expense | 914.4M | 1.1B | 1.3B | 715.1M | 1.1B | 698.4M | |
Selling General Administrative | 2.5B | 2.9B | 2.3B | 1.7B | 1.4B | 1.8B | |
Total Revenue | 29.0B | 29.7B | 30.6B | 29.0B | 31.9B | 25.6B | |
Gross Profit | (1.4B) | 1.8B | 3.0B | 6.7B | 8.8B | 9.2B | |
Other Operating Expenses | 38.3B | 35.7B | 35.0B | 27.7B | 28.9B | 29.6B | |
Operating Income | (9.3B) | (6.0B) | (4.5B) | (12.8B) | 3.0B | 3.1B | |
Net Income From Continuing Ops | (10.3B) | (7.0B) | (6.1B) | (117.8M) | 2.0B | 2.1B | |
Ebit | (9.3B) | (5.9B) | (4.7B) | 681.3M | 3.2B | 3.3B | |
Research Development | 2.7B | 2.7B | 2.8B | 1.9B | 1.8B | 2.0B | |
Ebitda | (9.1B) | 11.3B | 12.1B | 14.3B | 17.3B | 18.1B | |
Cost Of Revenue | 30.3B | 27.9B | 27.5B | 22.3B | 23.1B | 23.6B | |
Total Operating Expenses | 7.9B | 7.9B | 7.5B | 5.4B | 5.8B | 6.0B | |
Income Before Tax | (10.2B) | (7.0B) | (6.0B) | (33.8M) | 2.0B | 2.1B | |
Total Other Income Expense Net | (967.1M) | (943.4M) | (1.5B) | (1.3B) | (956.9M) | (1.0B) | |
Net Income Applicable To Common Shares | (10.3B) | (7.0B) | (6.2B) | (136.2M) | (156.6M) | (164.5M) | |
Net Income | (10.3B) | (7.0B) | (6.1B) | (117.8M) | 1.9B | 2.0B | |
Income Tax Expense | 51.9M | 23.3M | 96.5M | 84M | 80.0M | 52.7M | |
Minority Interest | 143.9M | 187.6M | (61.1M) | (18.4M) | (27.1M) | (25.7M) | |
Net Interest Income | (512.2M) | (908.8M) | (1.2B) | (645.5M) | (872.8M) | (829.2M) | |
Reconciled Depreciation | 17.2B | 17.2B | 16.8B | 13.7B | 14.1B | 16.1B |
Pair Trading with IQIYI
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 IQIYI 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 IQIYI will appreciate offsetting losses from the drop in the long position's value.Moving together with IQIYI Stock
Moving against IQIYI Stock
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The ability to find closely correlated positions to IQIYI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IQIYI 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 IQIYI - 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 iQIYI Inc to buy it.
The correlation of IQIYI 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 IQIYI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iQIYI Inc 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 IQIYI 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.Additional Tools for IQIYI Stock Analysis
When running IQIYI's price analysis, check to measure IQIYI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IQIYI is operating at the current time. Most of IQIYI's value examination focuses on studying past and present price action to predict the probability of IQIYI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IQIYI's price. Additionally, you may evaluate how the addition of IQIYI to your portfolios can decrease your overall portfolio volatility.