Kingnet Historical Income Statement

002517 Stock   12.88  0.25  1.90%   
Historical analysis of Kingnet Network income statement accounts such as Interest Expense of 1.3 M, Selling General Administrative of 140.3 M or Selling And Marketing Expenses of 1.2 B can show how well Kingnet Network Co performed in making a profits. Evaluating Kingnet Network income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kingnet Network's future profits or losses.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Kingnet Network 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 Kingnet Network 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 Kingnet Network 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 board of governors.

About Kingnet Income Statement Analysis

Kingnet Network 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 Kingnet Network shareholders. The income statement also shows Kingnet 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).

Kingnet Network Income Statement Chart

At present, Kingnet Network's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 140.3 M, whereas Interest Expense is forecasted to decline to about 1.3 M.

Total Revenue

Total revenue comprises all receipts Kingnet Network 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 Kingnet Network Co minus its cost of goods sold. It is profit before Kingnet Network 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 Kingnet Network's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kingnet Network 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 Kingnet Network 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 board of governors.
At present, Kingnet Network's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 140.3 M, whereas Interest Expense is forecasted to decline to about 1.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.7B2.8B3.5B3.7B
Total Revenue2.4B3.7B4.3B4.5B

Kingnet Network income statement Correlations

-0.220.730.740.740.80.660.690.680.670.710.260.730.610.160.540.630.51-0.520.630.910.960.88
-0.22-0.07-0.030.01-0.030.05-0.070.040.120.020.180.01-0.09-0.06-0.08-0.37-0.130.59-0.35-0.47-0.3-0.11
0.73-0.070.830.80.850.810.630.630.870.650.350.90.35-0.20.280.770.08-0.190.780.640.740.68
0.74-0.030.830.980.970.980.860.870.860.880.730.980.620.090.570.640.35-0.170.650.640.740.68
0.740.010.80.980.990.980.920.930.890.930.780.970.690.140.630.660.41-0.270.660.610.710.7
0.8-0.030.850.970.990.970.910.920.90.930.710.980.680.130.630.70.42-0.280.70.670.780.75
0.660.050.810.980.980.970.840.860.910.860.820.980.580.040.530.580.28-0.180.590.510.630.64
0.69-0.070.630.860.920.910.840.990.690.990.710.810.840.380.80.710.64-0.290.70.630.710.63
0.680.040.630.870.930.920.860.990.731.00.730.830.840.380.80.660.63-0.210.650.560.670.62
0.670.120.870.860.890.90.910.690.730.740.620.940.43-0.120.360.540.13-0.20.540.440.590.7
0.710.020.650.880.930.930.860.991.00.740.720.840.840.380.80.670.64-0.230.660.60.70.65
0.260.180.350.730.780.710.820.710.730.620.720.690.510.130.480.240.24-0.110.250.120.20.35
0.730.010.90.980.970.980.980.810.830.940.840.690.55-0.010.490.650.25-0.180.650.590.710.7
0.61-0.090.350.620.690.680.580.840.840.430.840.510.550.80.990.430.93-0.280.40.60.650.52
0.16-0.06-0.20.090.140.130.040.380.38-0.120.380.13-0.010.80.85-0.050.91-0.05-0.080.260.240.08
0.54-0.080.280.570.630.630.530.80.80.360.80.480.490.990.850.390.94-0.240.360.560.590.45
0.63-0.370.770.640.660.70.580.710.660.540.670.240.650.43-0.050.390.26-0.40.990.680.70.53
0.51-0.130.080.350.410.420.280.640.630.130.640.240.250.930.910.940.26-0.280.230.560.560.4
-0.520.59-0.19-0.17-0.27-0.28-0.18-0.29-0.21-0.2-0.23-0.11-0.18-0.28-0.05-0.24-0.4-0.28-0.4-0.57-0.45-0.47
0.63-0.350.780.650.660.70.590.70.650.540.660.250.650.4-0.080.360.990.23-0.40.680.690.52
0.91-0.470.640.640.610.670.510.630.560.440.60.120.590.60.260.560.680.56-0.570.680.970.73
0.96-0.30.740.740.710.780.630.710.670.590.70.20.710.650.240.590.70.56-0.450.690.970.81
0.88-0.110.680.680.70.750.640.630.620.70.650.350.70.520.080.450.530.4-0.470.520.730.81
Click cells to compare fundamentals

Kingnet Network Account Relationship Matchups

Kingnet Network income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization14.3M3.5M12.7M93.2M115.9M121.6M
Interest Expense4.2M186.1K628.5K2.0M1.4M1.3M
Selling General Administrative90.9M68.1M60.1M51.4M133.6M140.3M
Selling And Marketing Expenses559.3M463.4M360.6M803.3M1.2B1.2B
Total Revenue2.0B1.5B2.4B3.7B4.3B4.5B
Gross Profit1.4B1.1B1.7B2.8B3.5B3.7B
Other Operating Expenses1.8B1.4B1.6B2.4B2.7B2.9B
Operating Income195.6M228.8M906.2M1.3B1.5B1.6B
Ebit195.6M228.8M906.2M1.3B1.5B1.6B
Research Development372.8M313.4M339.3M511.3M517.2M543.1M
Ebitda209.9M232.3M919.0M1.4B1.7B1.7B
Cost Of Revenue587.5M428.6M694.1M930.8M732.0M579.5M
Total Operating Expenses1.2B959.3M865.1M1.5B2.0B2.1B
Income Before Tax(1.8B)253.6M936.2M1.4B1.7B1.8B
Total Other Income Expense Net(2.0B)24.8M29.9M43.7M169.2M177.6M
Net Income Applicable To Common Shares(1.9B)177.9M576.7M1.0B1.2B1.2B
Net Income(1.8B)242.6M844.4M1.0B1.5B1.5B
Income Tax Expense70.5M11.0M91.7M23.0M116.6M122.5M
Net Income From Continuing Ops(1.8B)242.6M844.4M1.4B1.6B1.7B
Minority Interest52.9M119.6M(267.7M)(336.1M)(118.9M)(113.0M)
Tax Provision76.7M11.0M91.7M23.0M116.6M122.5M
Net Interest Income6.5M15.3M10.7M34.1M57.8M60.7M
Interest Income11.3M15.5M11.7M36.4M59.5M62.5M
Reconciled Depreciation14.3M11.9M14.3M31.4M41.5M22.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Kingnet Stock

Kingnet Network 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 Kingnet Network shareholders. The income statement also shows Kingnet 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).