Ping Historical Income Statement

000001 Stock   11.39  0.12  1.06%   
Historical analysis of Ping An income statement accounts such as Total Revenue of 172.8 B, Operating Income of 27.2 B or Income Before Tax of 60.6 B can show how well Ping An Bank performed in making a profits. Evaluating Ping An income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ping An's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ping An Bank 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 Ping An Bank is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ping An Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Ping Income Statement Analysis

Ping An Bank 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 Ping An shareholders. The income statement also shows Ping 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).

Ping An Income Statement Chart

At present, Ping An's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 172.8 B, whereas Operating Income is forecasted to decline to about 27.2 B.

Total Revenue

Total revenue comprises all receipts Ping An Bank 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.

Operating Income

Operating Income is the amount of profit realized from Ping An Bank 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 Ping An Bank 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Ping An income statement and is an important metric when analyzing Ping An Bank 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ping An Bank financial statement analysis. It represents the amount of money remaining after all of Ping An Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Ping An's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ping An Bank 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ping An Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Ping An's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 172.8 B, whereas Operating Income is forecasted to decline to about 27.2 B.
 2023 2024 (projected)
Operating Income42.9B27.2B
Total Revenue164.6B172.8B

Ping An income statement Correlations

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0.29-0.02-0.030.00.05-0.16-0.070.33-0.120.020.14-0.09-0.12-0.18-0.15
0.9-0.021.00.99-0.710.450.73-0.730.850.61-0.770.820.830.890.8
0.9-0.031.00.99-0.720.450.74-0.730.860.63-0.780.830.840.90.81
0.880.00.990.99-0.770.350.69-0.710.80.57-0.710.780.760.830.74
-0.540.05-0.71-0.72-0.77-0.01-0.440.39-0.5-0.380.43-0.52-0.45-0.52-0.45
0.54-0.160.450.450.35-0.010.37-0.440.40.31-0.690.380.590.570.66
0.68-0.070.730.740.69-0.440.37-0.570.880.97-0.910.810.850.90.92
-0.680.33-0.73-0.73-0.710.39-0.44-0.57-0.6-0.370.64-0.49-0.53-0.73-0.66
0.73-0.120.850.860.8-0.50.40.88-0.60.82-0.820.980.950.960.85
0.570.020.610.630.57-0.380.310.97-0.370.82-0.840.770.790.810.85
-0.760.14-0.77-0.78-0.710.43-0.69-0.910.64-0.82-0.84-0.76-0.88-0.92-0.99
0.68-0.090.820.830.78-0.520.380.81-0.490.980.77-0.760.950.910.79
0.75-0.120.830.840.76-0.450.590.85-0.530.950.79-0.880.950.950.91
0.8-0.180.890.90.83-0.520.570.9-0.730.960.81-0.920.910.950.93
0.78-0.150.80.810.74-0.450.660.92-0.660.850.85-0.990.790.910.93
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Ping An Account Relationship Matchups

Ping An income statement Accounts

201920202021202220232024 (projected)
Interest Expense87.6B87.5B93.2B98.7B109.6B115.1B
Total Revenue138.0B153.5B169.4B179.8B164.6B172.8B
Income Before Tax36.2B36.8B45.9B57.3B57.7B60.6B
Net Income Applicable To Common Shares27.3B27.2B33.5B42.7B49.1B51.5B
Net Income28.2B28.9B36.3B45.5B46.5B48.8B
Income Tax Expense8.0B7.8B9.5B11.7B13.5B14.2B
Selling General Administrative40.9B44.7B47.9B49.4B21.7B40.3B
Other Operating Expenses1.3B2.3B2.8B1.7B1.5B2.0B
Net Income From Continuing Ops28.2B28.9B36.3B45.5B46.5B34.0B
Tax Provision8.0B7.8B9.5B11.7B11.3B9.6B
Net Interest Income90.0B99.7B120.3B130.1B118.0B107.7B
Interest Income177.5B187.2B213.5B228.9B227.6B203.1B
Reconciled Depreciation5.0B5.3B5.2B5.3B5.2B4.7B

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Other Information on Investing in Ping Stock

Ping An Bank 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 Ping An shareholders. The income statement also shows Ping 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).