Huagong Historical Income Statement

000988 Stock   43.15  3.12  7.79%   
Historical analysis of Huagong Tech income statement accounts such as Interest Expense of 97.8 M, Selling General Administrative of 59.6 M or Selling And Marketing Expenses of 580.2 M can show how well Huagong Tech Co performed in making a profits. Evaluating Huagong Tech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Huagong Tech's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Huagong 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 Huagong Tech 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 Huagong Tech Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Huagong Income Statement Analysis

Huagong 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 Huagong Tech shareholders. The income statement also shows Huagong 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).

Huagong Tech Income Statement Chart

At present, Huagong Tech's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 97.8 M, whereas Selling General Administrative is forecasted to decline to about 59.6 M.

Total Revenue

Total revenue comprises all receipts Huagong 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 Huagong Tech Co minus its cost of goods sold. It is profit before Huagong 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.
Most accounts from Huagong Tech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huagong 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Huagong Tech Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Huagong Tech's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 97.8 M, whereas Selling General Administrative is forecasted to decline to about 59.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.7B2.3B2.2B2.3B
Total Revenue10.2B12.0B10.2B10.7B

Huagong Tech income statement Correlations

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0.740.810.720.790.90.90.910.760.540.550.90.920.930.730.960.82-0.320.980.880.840.970.86
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Huagong Tech Account Relationship Matchups

Huagong Tech income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization198.5M310.4M301.7M390.7M250.3M262.8M
Interest Expense23.9M25.5M35.0M74.3M93.1M97.8M
Selling General Administrative58.0M57.4M87.9M107.5M84.3M59.6M
Selling And Marketing Expenses476.7M457.4M525.8M607.7M552.6M580.2M
Total Revenue5.5B6.1B10.2B12.0B10.2B10.7B
Gross Profit1.4B1.5B1.7B2.3B2.2B2.3B
Other Operating Expenses5.0B5.6B9.7B11.2B9.6B10.0B
Operating Income585.3M631.4M822.3M1.0B590.5M620.0M
Ebit585.3M631.4M822.3M1.0B590.5M306.8M
Ebitda783.8M941.8M1.1B1.4B840.8M420.7M
Cost Of Revenue4.1B4.7B8.4B9.7B8.0B8.4B
Total Operating Expenses933.4M969.5M1.3B1.5B1.6B1.7B
Income Before Tax586.2M632.4M824.6M1.0B969.8M1.0B
Total Other Income Expense Net859.6K986.6K2.2M2.8M379.3M398.3M
Net Income502.8M550.5M761.0M905.9M1.0B1.1B
Income Tax Expense90.7M92.0M76.5M118.6M106.0M111.3M
Net Income Applicable To Common Shares502.8M550.5M761.0M906.1M1.0B1.1B
Minority Interest110.2M52.3M12.9M15.5M8.3M7.9M
Research Development289.0M330.6M406.6M565.7M694.2M728.9M
Net Income From Continuing Ops495.5M540.4M748.1M890.6M998.6M568.7M
Tax Provision90.7M92.0M76.5M118.6M106.0M90.5M
Net Interest Income13.8M47.9M62.1M73.2M98.8M103.7M
Interest Income39.7M75.2M99.2M150.8M194.5M204.3M
Reconciled Depreciation161.4M175.3M222.4M231.1M230.7M212.1M

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Other Information on Investing in Huagong Stock

Huagong 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 Huagong Tech shareholders. The income statement also shows Huagong 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).