Rongsheng Historical Income Statement
| 002493 Stock | 8.96 0.02 0.22% |
Historical analysis of Rongsheng Petrochemical income statement accounts such as Interest Expense of 8.9 B, Selling General Administrative of 404.1 M or Selling And Marketing Expenses of 330.2 M can show how well Rongsheng Petrochemical Co performed in making a profits. Evaluating Rongsheng Petrochemical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rongsheng Petrochemical's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rongsheng Petrochemical 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 Rongsheng Petrochemical is a good buy for the upcoming year.
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About Rongsheng Income Statement Analysis
Rongsheng Petrochemical 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 Rongsheng Petrochemical shareholders. The income statement also shows Rongsheng 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).
Rongsheng Petrochemical Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Rongsheng Petrochemical 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 Rongsheng Petrochemical Co minus its cost of goods sold. It is profit before Rongsheng Petrochemical 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.Cost Of Revenue
Cost of Revenue is found on Rongsheng Petrochemical income statement and represents the costs associated with goods and services Rongsheng Petrochemical provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 Rongsheng Petrochemical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rongsheng Petrochemical 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 Rongsheng Petrochemical 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, Rongsheng Petrochemical'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 8.9 B, whereas Operating Income is forecasted to decline to about 1.7 B.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 4.6B | 7.4B | 8.5B | 8.9B | Depreciation And Amortization | 11.3B | 14.7B | 16.9B | 17.8B |
Rongsheng Petrochemical income statement Correlations
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Rongsheng Petrochemical Account Relationship Matchups
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Rongsheng Petrochemical income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 8.5B | 10.3B | 11.3B | 14.7B | 16.9B | 17.8B | |
| Interest Expense | 3.3B | 3.6B | 4.6B | 7.4B | 8.5B | 8.9B | |
| Selling General Administrative | 162.8M | 260.8M | 292.7M | 334.7M | 384.9M | 404.1M | |
| Selling And Marketing Expenses | 115.8M | 155.0M | 175.5M | 160.5M | 184.5M | 330.2M | |
| Total Revenue | 107.3B | 177.0B | 289.1B | 325.1B | 373.9B | 392.6B | |
| Gross Profit | 21.1B | 46.9B | 31.3B | 37.4B | 43.0B | 45.1B | |
| Other Operating Expenses | 91.0B | 143.6B | 277.8B | 315.7B | 363.1B | 381.3B | |
| Operating Income | 16.7B | 31.2B | 10.3B | 1.6B | 1.8B | 1.7B | |
| Ebit | 16.7B | 31.2B | 10.3B | 8.8B | 10.2B | 5.8B | |
| Ebitda | 25.2B | 41.5B | 21.6B | 23.6B | 27.1B | 28.4B | |
| Cost Of Revenue | 86.1B | 130.1B | 257.8B | 287.8B | 330.9B | 347.5B | |
| Total Operating Expenses | 4.8B | 13.5B | 20.0B | 28.0B | 32.2B | 33.8B | |
| Income Before Tax | 16.7B | 31.3B | 5.6B | 1.6B | 1.8B | 1.7B | |
| Total Other Income Expense Net | 1.6M | 4.5M | (4.7B) | (7.7M) | (6.9M) | (7.3M) | |
| Net Income Applicable To Common Shares | 2.2B | 7.3B | 13.2B | 3.3B | 3.8B | 2.7B | |
| Net Income | 13.4B | 23.6B | 6.4B | 1.2B | 1.3B | 1.3B | |
| Income Tax Expense | 3.3B | 7.6B | (750.7M) | (50.6M) | (58.2M) | (55.3M) | |
| Minority Interest | 32.9B | (10.8B) | (3.0B) | (445.0M) | (511.8M) | (486.2M) | |
| Research Development | 2.0B | 3.9B | 4.4B | 6.6B | 7.5B | 7.9B | |
| Net Income From Continuing Ops | 13.4B | 23.6B | 6.4B | 1.6B | 1.8B | 1.8B | |
| Tax Provision | 3.3B | 7.6B | (750.7M) | (50.6M) | (58.2M) | (55.3M) | |
| Net Interest Income | (3.3B) | (3.5B) | (4.5B) | (7.2B) | (6.5B) | (6.2B) | |
| Interest Income | 157.1M | 308.9M | 351.8M | 462.2M | 531.5M | 558.1M | |
| Reconciled Depreciation | 5.3B | 6.9B | 11.3B | 14.7B | 16.9B | 17.8B |
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Other Information on Investing in Rongsheng Stock
Rongsheng Petrochemical 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 Rongsheng Petrochemical shareholders. The income statement also shows Rongsheng 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).