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.
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.
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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
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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 Profit | 1.7B | 2.3B | 2.2B | 2.3B | Total Revenue | 10.2B | 12.0B | 10.2B | 10.7B |
Huagong Tech income statement Correlations
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Huagong Tech Account Relationship Matchups
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Huagong Tech income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 198.5M | 310.4M | 301.7M | 390.7M | 250.3M | 262.8M | |
Interest Expense | 23.9M | 25.5M | 35.0M | 74.3M | 93.1M | 97.8M | |
Selling General Administrative | 58.0M | 57.4M | 87.9M | 107.5M | 84.3M | 59.6M | |
Selling And Marketing Expenses | 476.7M | 457.4M | 525.8M | 607.7M | 552.6M | 580.2M | |
Total Revenue | 5.5B | 6.1B | 10.2B | 12.0B | 10.2B | 10.7B | |
Gross Profit | 1.4B | 1.5B | 1.7B | 2.3B | 2.2B | 2.3B | |
Other Operating Expenses | 5.0B | 5.6B | 9.7B | 11.2B | 9.6B | 10.0B | |
Operating Income | 585.3M | 631.4M | 822.3M | 1.0B | 590.5M | 620.0M | |
Ebit | 585.3M | 631.4M | 822.3M | 1.0B | 590.5M | 306.8M | |
Ebitda | 783.8M | 941.8M | 1.1B | 1.4B | 840.8M | 420.7M | |
Cost Of Revenue | 4.1B | 4.7B | 8.4B | 9.7B | 8.0B | 8.4B | |
Total Operating Expenses | 933.4M | 969.5M | 1.3B | 1.5B | 1.6B | 1.7B | |
Income Before Tax | 586.2M | 632.4M | 824.6M | 1.0B | 969.8M | 1.0B | |
Total Other Income Expense Net | 859.6K | 986.6K | 2.2M | 2.8M | 379.3M | 398.3M | |
Net Income | 502.8M | 550.5M | 761.0M | 905.9M | 1.0B | 1.1B | |
Income Tax Expense | 90.7M | 92.0M | 76.5M | 118.6M | 106.0M | 111.3M | |
Net Income Applicable To Common Shares | 502.8M | 550.5M | 761.0M | 906.1M | 1.0B | 1.1B | |
Minority Interest | 110.2M | 52.3M | 12.9M | 15.5M | 8.3M | 7.9M | |
Research Development | 289.0M | 330.6M | 406.6M | 565.7M | 694.2M | 728.9M | |
Net Income From Continuing Ops | 495.5M | 540.4M | 748.1M | 890.6M | 998.6M | 568.7M | |
Tax Provision | 90.7M | 92.0M | 76.5M | 118.6M | 106.0M | 90.5M | |
Net Interest Income | 13.8M | 47.9M | 62.1M | 73.2M | 98.8M | 103.7M | |
Interest Income | 39.7M | 75.2M | 99.2M | 150.8M | 194.5M | 204.3M | |
Reconciled Depreciation | 161.4M | 175.3M | 222.4M | 231.1M | 230.7M | 212.1M |
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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).