Sumitomo Historical Income Statement
| SMFG Stock | USD 14.27 0.21 1.49% |
Historical analysis of Sumitomo Mitsui income statement accounts such as Other Operating Expenses of 7.8 T, Operating Income of 1.7 T, EBITDA of 273 B or Total Operating Expenses of 4.7 T can show how well Sumitomo Mitsui Financial performed in making a profits. Evaluating Sumitomo Mitsui income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sumitomo Mitsui's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sumitomo Mitsui Financial 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 Sumitomo Mitsui Financial is a good buy for the upcoming year.
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About Sumitomo Income Statement Analysis
Sumitomo Mitsui Financial 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 Sumitomo Mitsui shareholders. The income statement also shows Sumitomo 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).
Sumitomo Mitsui Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sumitomo Mitsui Financial 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 Sumitomo Mitsui Financial minus its cost of goods sold. It is profit before Sumitomo Mitsui 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 Sumitomo Mitsui Financial. It is also known as Sumitomo Mitsui 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 Sumitomo Mitsui's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sumitomo Mitsui Financial 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Sumitomo Mitsui's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Sumitomo Mitsui's current Operating Income is estimated to increase to about 1.7 T, while Total Revenue is projected to decrease to roughly 3.7 T.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.4T | 3.8T | 8.7T | 9.1T | Total Revenue | 3.4T | 3.8T | 4.4T | 3.7T |
Sumitomo Mitsui income statement Correlations
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Sumitomo Mitsui Account Relationship Matchups
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Sumitomo Mitsui income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.2T | 517.8B | 380.0B | 2.1T | 4.3T | 4.5T | |
| Selling General Administrative | 1.8T | 1.8T | 1.7T | 2.0T | 2.3T | 1.6T | |
| Total Revenue | 3.7T | 3.2T | 3.4T | 3.8T | 4.4T | 3.7T | |
| Gross Profit | 3.7T | 3.2T | 3.4T | 3.8T | 8.7T | 9.1T | |
| Other Operating Expenses | 1.7T | 1.9T | 2.1T | 2.3T | 7.4T | 7.8T | |
| Operating Income | 871.6B | 973.5B | 788.9B | 1.3T | 1.6T | 1.7T | |
| Ebit | 1.1T | 672.2B | 929.6B | 1.1T | (5.7B) | (5.5B) | |
| Ebitda | 1.1T | 899.4B | 1.2T | 1.4T | 287.3B | 273.0B | |
| Total Operating Expenses | 1.7T | 1.9T | 2.1T | 2.3T | 4.4T | 4.7T | |
| Income Before Tax | 888.6B | 672.2B | 929.6B | 1.1T | 1.3T | 887.8B | |
| Total Other Income Expense Net | 17.1B | (82.3B) | (147.1B) | (97.1B) | (219.2B) | (230.2B) | |
| Net Income | 703.9B | 512.8B | 706.6B | 805.8B | 962.9B | 555.5B | |
| Income Tax Expense | 167.7B | 156.3B | 214.5B | 282.1B | 373.7B | 270.2B | |
| Minority Interest | 60.3B | 70.8B | (8.4B) | (10.5B) | (5.7B) | (5.5B) | |
| Net Income Applicable To Common Shares | 212.4B | 512.8B | 706.6B | 805.8B | 926.7B | 973.1B | |
| Depreciation And Amortization | 206.3K | 227.2B | 241.9B | 267.9B | 293.1B | 154.6B | |
| Selling And Marketing Expenses | 73.5B | 89.9B | 126.1B | 143.5B | 122.2B | 97.6B | |
| Net Income From Continuing Ops | 231.0B | 515.9B | 715.1B | 816.3B | 968.7B | 648.9B | |
| Tax Provision | 51.8B | 156.3B | 214.5B | 282.1B | 373.7B | 392.3B | |
| Net Interest Income | 1.3T | 1.5T | 1.5T | 1.7T | 1.9T | 1.7T | |
| Interest Income | 2.4T | 1.9T | 1.9T | 3.8T | 6.2T | 6.5T | |
| Reconciled Depreciation | 317.1B | 227.2B | 241.9B | 267.9B | 293.1B | 214.4B |
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When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Diversified Banks 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 Sumitomo Mitsui. If investors know Sumitomo 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 Sumitomo Mitsui listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.525 | Earnings Share 1.15 | Revenue Per Share 567.4788 | Quarterly Revenue Growth 0.183 | Return On Assets 0.0035 |
The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui'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 Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui'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 Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui'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.