Zhongchao Historical Income Statement

ZCMD Stock

USD 1.34 0.04 3.08%

Historical analysis of Zhongchao income statement accounts such as Net Interest Income of 176.4 K, Interest Income of 176.4 K, Depreciation And Amortization of 479.9 K or Interest Expense of 319.2 K can show how well Zhongchao performed in making a profits. Evaluating Zhongchao income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Zhongchao's future profits or losses.

Cash Flow Balance Sheet Income Statement

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

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhongchao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.

About Zhongchao Income Statement Analysis

Zhongchao 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 Zhongchao shareholders. The income statement also shows Zhongchao 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).

Zhongchao Income Statement Chart

At present, Zhongchao's Research Development is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 22.9 M, whereas Net Interest Income is forecasted to decline to about 176.4 K.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Total Revenue

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

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

For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.At present, Zhongchao's Research Development is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 22.9 M, whereas Net Interest Income is forecasted to decline to about 176.4 K.

	2021	2022	2023	2024 (projected)
Interest Income	176.0K	142.0K	237.1K	176.4K
Net Interest Income	176.0K	142.0K	237.1K	176.4K

Interest Income Net Interest Income

Zhongchao income statement Correlations

	Tax Provision	Net Interest Income	Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest
Tax Provision		0.12	0.12	-0.23	-0.21	-0.53	-0.04	0.25	-0.42	0.74	0.71	0.74	0.39	0.77	-0.33	-0.57	-0.23	0.75	-0.5	0.71	1.0	-0.27
Net Interest Income	0.12		1.0	0.77	0.74	0.53	0.91	0.81	0.71	-0.42	-0.43	-0.31	-0.31	-0.24	0.74	0.66	0.77	-0.4	0.57	-0.43	0.12	-0.38
Interest Income	0.12	1.0		0.77	0.74	0.53	0.91	0.81	0.71	-0.42	-0.43	-0.31	-0.31	-0.24	0.74	0.66	0.77	-0.4	0.57	-0.43	0.12	-0.38
Depreciation And Amortization	-0.23	0.77	0.77		0.99	0.63	0.88	0.55	0.91	-0.65	-0.66	-0.66	-0.78	-0.6	0.96	0.76	1.0	-0.65	0.62	-0.67	-0.23	-0.46
Selling General Administrative	-0.21	0.74	0.74	0.99		0.53	0.82	0.47	0.86	-0.64	-0.66	-0.68	-0.79	-0.62	0.93	0.73	0.99	-0.64	0.55	-0.66	-0.21	-0.55
Selling And Marketing Expenses	-0.53	0.53	0.53	0.63	0.53		0.67	0.39	0.87	-0.71	-0.69	-0.57	-0.47	-0.55	0.77	0.76	0.63	-0.69	0.77	-0.69	-0.53	0.09
Total Revenue	-0.04	0.91	0.91	0.88	0.82	0.67		0.86	0.82	-0.52	-0.52	-0.41	-0.53	-0.34	0.86	0.76	0.88	-0.5	0.67	-0.53	-0.04	-0.24
Gross Profit	0.25	0.81	0.81	0.55	0.47	0.39	0.86		0.43	-0.12	-0.12	0.04	-0.17	0.11	0.47	0.46	0.56	-0.1	0.45	-0.12	0.25	0.0
Other Operating Expenses	-0.42	0.71	0.71	0.91	0.86	0.87	0.82	0.43		-0.8	-0.8	-0.75	-0.69	-0.7	0.98	0.85	0.9	-0.79	0.74	-0.8	-0.42	-0.3
Operating Income	0.74	-0.42	-0.42	-0.65	-0.64	-0.71	-0.52	-0.12	-0.8		1.0	0.96	0.63	0.96	-0.77	-0.94	-0.64	1.0	-0.85	1.0	0.74	0.26
Net Income From Continuing Ops	0.71	-0.43	-0.43	-0.66	-0.66	-0.69	-0.52	-0.12	-0.8	1.0		0.97	0.64	0.96	-0.78	-0.94	-0.66	1.0	-0.83	1.0	0.71	0.29
Ebit	0.74	-0.31	-0.31	-0.66	-0.68	-0.57	-0.41	0.04	-0.75	0.96	0.97		0.71	1.0	-0.74	-0.85	-0.65	0.97	-0.72	0.97	0.74	0.37
Research Development	0.39	-0.31	-0.31	-0.78	-0.79	-0.47	-0.53	-0.17	-0.69	0.63	0.64	0.71		0.68	-0.74	-0.62	-0.78	0.63	-0.62	0.64	0.39	0.5
Ebitda	0.77	-0.24	-0.24	-0.6	-0.62	-0.55	-0.34	0.11	-0.7	0.96	0.96	1.0	0.68		-0.69	-0.82	-0.59	0.96	-0.69	0.96	0.77	0.35
Cost Of Revenue	-0.33	0.74	0.74	0.96	0.93	0.77	0.86	0.47	0.98	-0.77	-0.78	-0.74	-0.74	-0.69		0.84	0.96	-0.76	0.71	-0.78	-0.33	-0.41
Total Operating Expenses	-0.57	0.66	0.66	0.76	0.73	0.76	0.76	0.46	0.85	-0.94	-0.94	-0.85	-0.62	-0.82	0.84		0.76	-0.93	0.92	-0.94	-0.57	-0.23
Reconciled Depreciation	-0.23	0.77	0.77	1.0	0.99	0.63	0.88	0.56	0.9	-0.64	-0.66	-0.65	-0.78	-0.59	0.96	0.76		-0.64	0.61	-0.66	-0.23	-0.45
Income Before Tax	0.75	-0.4	-0.4	-0.65	-0.64	-0.69	-0.5	-0.1	-0.79	1.0	1.0	0.97	0.63	0.96	-0.76	-0.93	-0.64		-0.83	1.0	0.75	0.26
Total Other Income Expense Net	-0.5	0.57	0.57	0.62	0.55	0.77	0.67	0.45	0.74	-0.85	-0.83	-0.72	-0.62	-0.69	0.71	0.92	0.61	-0.83		-0.83	-0.5	-0.22
Net Income	0.71	-0.43	-0.43	-0.67	-0.66	-0.69	-0.53	-0.12	-0.8	1.0	1.0	0.97	0.64	0.96	-0.78	-0.94	-0.66	1.0	-0.83		0.71	0.29
Income Tax Expense	1.0	0.12	0.12	-0.23	-0.21	-0.53	-0.04	0.25	-0.42	0.74	0.71	0.74	0.39	0.77	-0.33	-0.57	-0.23	0.75	-0.5	0.71		-0.27
Minority Interest	-0.27	-0.38	-0.38	-0.46	-0.55	0.09	-0.24	0.0	-0.3	0.26	0.29	0.37	0.5	0.35	-0.41	-0.23	-0.45	0.26	-0.22	0.29	-0.27

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Zhongchao Account Relationship Matchups

Zhongchao income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	387.1K	484.8K	(349.4K)	272.3K	(669.8K)	(636.3K)
Net Interest Income	211.5K	147.0K	176.0K	142.0K	237.1K	176.4K
Interest Income	211.5K	147.0K	176.0K	142.0K	237.1K	176.4K
Depreciation And Amortization	262.2K	403.0K	679.8K	730.3K	923.6K	479.9K
Interest Expense	791.7K	453.8K	210.0K	285.9K	328.8K	319.2K
Selling General Administrative	2.5M	3.1M	5.9M	6.8M	6.7M	4.3M
Selling And Marketing Expenses	3.2M	3.4M	3.1M	2.1M	6.7M	3.7M
Total Revenue	14.9M	18.0M	16.3M	14.2M	19.4M	16.6M
Gross Profit	10.2M	11.9M	9.4M	6.4M	8.5M	9.5M
Other Operating Expenses	11.2M	13.5M	16.6M	17.1M	32.7M	17.2M
Operating Income	3.6M	4.5M	(320.7K)	(3.0M)	(13.3M)	(12.6M)
Net Income From Continuing Ops	4.0M	4.5M	238.7K	(2.8M)	(11.3M)	(10.7M)
Ebit	3.6M	4.1M	(297.6K)	(3.0M)	(5.8M)	(5.5M)
Research Development	864.3K	816.6K	758.9K	411.5K	514.4K	657.9K
Ebitda	3.9M	4.5M	382.2K	(2.2M)	(4.9M)	(4.7M)
Cost Of Revenue	4.7M	6.1M	6.9M	7.8M	10.9M	7.0M
Total Operating Expenses	6.6M	7.4M	9.8M	9.3M	21.8M	22.9M
Reconciled Depreciation	262.2K	424.7K	703.0K	730.3K	923.6K	486.9K
Income Before Tax	4.4M	4.9M	(110.8K)	(2.6M)	(12.0M)	(11.4M)
Total Other Income Expense Net	745.5K	452.5K	210.0K	404.5K	1.3M	1.4M
Net Income Applicable To Common Shares	3.0M	4.0M	4.5M	238.7K	214.8K	204.1K
Net Income	4.0M	4.5M	238.7K	(2.8M)	(11.3M)	(10.8M)
Income Tax Expense	387.1K	484.8K	(349.4K)	272.3K	(669.8K)	(636.3K)
Minority Interest	(46.6K)	1.3K	0.0	(118.6K)	(28.7K)	(30.1K)

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When determining whether Zhongchao is a strong investment it is important to analyze Zhongchao'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 Zhongchao's future performance. For an informed investment choice regarding Zhongchao Stock, refer to the following important reports:

How To Invest In Zhongchao

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Is Zhongchao Stock a good investment?

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What is Zhongchao's Net Worth?

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Largest Health Care Equipment & Supplies Companies

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For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Is Health Care Equipment & Supplies 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 Zhongchao. If investors know Zhongchao 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 Zhongchao 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

(0.91)

Earnings Share

(2.51)

Revenue Per Share

6.642

Quarterly Revenue Growth

(0.20)

Return On Assets

(0.02)

The market value of Zhongchao is measured differently than its book value, which is the value of Zhongchao that is recorded on the company's balance sheet. Investors also form their own opinion of Zhongchao's value that differs from its market value or its book value, called intrinsic value, which is Zhongchao'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 Zhongchao's market value can be influenced by many factors that don't directly affect Zhongchao'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 Zhongchao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhongchao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhongchao'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.

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Zhongchao Historical Income Statement

About Zhongchao Income Statement Analysis

Zhongchao Income Statement Chart

Total Revenue

Gross Profit

Zhongchao income statement Correlations

Zhongchao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhongchao income statement Accounts

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COMMON DESTINATIONS

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Income Tax Expense	+ 1.0	Tax Provision
Interest Income	+ 1.0	Net Interest Income
Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Net Income From Continuing Ops	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Net Income	+ 1.0	Operating Income

Net Income	- 0.94	Total Operating Expenses
Total Operating Expenses	- 0.94	Net Income From Continuing Ops
Total Operating Expenses	- 0.94	Operating Income
Income Before Tax	- 0.93	Total Operating Expenses
Total Operating Expenses	- 0.85	Ebit
Total Other Income Expense Net	- 0.85	Operating Income