Shandong Historical Income Statement

002526 Stock   2.68  0.12  4.29%   
Historical analysis of Shandong Mining income statement accounts such as Selling General Administrative of 141.6 M, Total Revenue of 1.7 B or Operating Income of 166.9 M can show how well Shandong Mining Machinery performed in making a profits. Evaluating Shandong Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shandong Mining's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Shandong Mining Machinery 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 Shandong Mining Machinery 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 Shandong Mining Machinery. 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 Shandong Income Statement Analysis

Shandong Mining Machinery 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 Shandong Mining shareholders. The income statement also shows Shandong 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).

Shandong Mining Income Statement Chart

At present, Shandong Mining's Interest Expense 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 141.6 M, whereas Total Revenue is forecasted to decline to about 1.7 B.

Total Revenue

Total revenue comprises all receipts Shandong Mining Machinery 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.

Cost Of Revenue

Cost of Revenue is found on Shandong Mining Machinery income statement and represents the costs associated with goods and services Shandong Mining 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.
Most accounts from Shandong Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shandong Mining Machinery 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 Shandong Mining Machinery. 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, Shandong Mining's Interest Expense 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 141.6 M, whereas Total Revenue is forecasted to decline to about 1.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit557.7M552.5M638.8M493.8M
Research Development60.9M75.1M81.8M51.8M

Shandong Mining income statement Correlations

0.19-0.140.2-0.2-0.230.03-0.160.0-0.140.54-0.34-0.32-0.03-0.53-0.1-0.17-0.050.050.06
0.190.820.990.60.560.43-0.380.870.860.10.640.720.910.360.60.770.610.34-0.62
-0.140.820.760.830.80.57-0.320.770.870.160.680.760.770.410.690.740.430.52-0.56
0.20.990.760.530.50.37-0.380.870.830.050.620.70.910.360.550.760.640.26-0.61
-0.20.60.830.530.980.51-0.340.590.650.090.630.630.560.410.680.680.510.52-0.59
-0.230.560.80.50.980.36-0.430.560.590.040.580.570.510.40.560.610.480.41-0.53
0.030.430.570.370.510.360.270.350.570.310.460.530.410.20.910.490.240.86-0.4
-0.16-0.38-0.32-0.38-0.34-0.430.27-0.62-0.12-0.310.140.11-0.40.330.17-0.14-0.40.360.3
0.00.870.770.870.590.560.35-0.620.770.130.490.610.920.210.520.70.70.2-0.67
-0.140.860.870.830.650.590.57-0.120.770.00.880.930.910.630.780.930.650.51-0.76
0.540.10.160.050.090.040.31-0.310.130.0-0.34-0.310.07-0.690.11-0.02-0.050.18-0.03
-0.340.640.680.620.630.580.460.140.490.88-0.340.970.710.890.740.90.620.48-0.72
-0.320.720.760.70.630.570.530.110.610.93-0.310.970.770.850.790.880.590.54-0.71
-0.030.910.770.910.560.510.41-0.40.920.910.070.710.770.410.610.880.790.27-0.78
-0.530.360.410.360.410.40.20.330.210.63-0.690.890.850.410.50.650.410.28-0.48
-0.10.60.690.550.680.560.910.170.520.780.110.740.790.610.50.760.50.81-0.64
-0.170.770.740.760.680.610.49-0.140.70.93-0.020.90.880.880.650.760.810.38-0.87
-0.050.610.430.640.510.480.24-0.40.70.65-0.050.620.590.790.410.50.810.07-0.9
0.050.340.520.260.520.410.860.360.20.510.180.480.540.270.280.810.380.07-0.26
0.06-0.62-0.56-0.61-0.59-0.53-0.40.3-0.67-0.76-0.03-0.72-0.71-0.78-0.48-0.64-0.87-0.9-0.26
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Shandong Mining Account Relationship Matchups

Shandong Mining income statement Accounts

201920202021202220232024 (projected)
Interest Expense8.8M5.7M4.5M17.0M10.7M11.3M
Selling General Administrative158.6M104.2M119.4M132.5M124.9M141.6M
Total Revenue2.2B2.1B2.3B2.4B2.7B1.7B
Operating Income388.2M333.0M292.6M256.4M294.2M166.9M
Cost Of Revenue1.5B1.5B1.7B1.9B2.1B1.3B
Income Before Tax262.7M192.9M55.8M157.6M231.4M243.0M
Net Income Applicable To Common Shares189.5M105.5M61.1M115.3M132.6M69.9M
Net Income189.5M105.5M61.1M115.3M171.8M180.4M
Income Tax Expense73.2M75.8M(14.8M)37.6M43.3M28.5M
Minority Interest45.3M46.5M(9.5M)(4.6M)(1.6M)(1.5M)
Research Development50.8M60.9M60.9M75.1M81.8M51.8M
Gross Profit655.2M577.1M557.7M552.5M638.8M493.8M
Other Operating Expenses20.8M20.0M18.5M16.6M19.0M20.2M
Net Income From Continuing Ops189.5M117.1M70.6M119.9M173.4M182.0M
Ebit317.3M279.5M186.0M256.4M294.8M180.6M
Total Operating Expenses1.8B1.8B2.0B2.1B2.4B1.8B
Tax Provision73.2M75.8M(14.8M)37.6M58.0M40.8M
Net Interest Income(5.9M)(4.3M)(7.1M)(6.0M)5.1M5.3M
Interest Income4.2M3.3M4.6M11.4M18.0M18.9M
Ebitda337.5M263.2M127.9M236.9M213.2M193.0M
Reconciled Depreciation66.0M64.7M67.7M62.3M62.9M53.1M

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Other Information on Investing in Shandong Stock

Shandong Mining Machinery 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 Shandong Mining shareholders. The income statement also shows Shandong 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).