Mingchen Historical Income Statement
002919 Stock | 14.80 0.31 2.05% |
Historical analysis of Mingchen Health income statement accounts such as Interest Expense of 3.9 M, Selling General Administrative of 18.6 M or Selling And Marketing Expenses of 697.9 M can show how well Mingchen Health Co performed in making a profits. Evaluating Mingchen Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mingchen Health's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mingchen Health 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 Mingchen Health is a good buy for the upcoming year.
Mingchen |
About Mingchen Income Statement Analysis
Mingchen Health 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 Mingchen Health shareholders. The income statement also shows Mingchen 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).
Mingchen Health Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Mingchen Health 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 Mingchen Health Co minus its cost of goods sold. It is profit before Mingchen Health 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 Mingchen Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mingchen Health 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 Mingchen Health 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, Mingchen Health'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 3.9 M, whereas Selling General Administrative is forecasted to decline to about 18.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 1.9M | 3.7M | 3.9M | Depreciation And Amortization | 43.5M | 50.3M | 175.3M | 184.1M |
Mingchen Health income statement Correlations
Click cells to compare fundamentals
Mingchen Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mingchen Health income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 16.4M | 29.7M | 43.5M | 50.3M | 175.3M | 184.1M | |
Interest Expense | 46.1K | 2.2M | 1.7M | 1.9M | 3.7M | 3.9M | |
Selling General Administrative | 11.9M | 14.4M | 19.3M | 25.5M | 24.7M | 18.6M | |
Selling And Marketing Expenses | 110.9M | 74.7M | 83.3M | 321.0M | 664.7M | 697.9M | |
Total Revenue | 517.5M | 680.6M | 744.1M | 945.4M | 1.6B | 1.7B | |
Gross Profit | 199.3M | 288.9M | 374.9M | 496.3M | 986.9M | 1.0B | |
Other Operating Expenses | 492.7M | 567.6M | 622.9M | 956.8M | 1.5B | 1.6B | |
Operating Income | 27.0M | 105.2M | 126.7M | 16.8M | 57.9M | 58.2M | |
Ebit | 27.0M | 105.2M | 126.7M | 16.8M | 103.3M | 64.5M | |
Ebitda | 43.3M | 134.8M | 170.2M | 67.1M | 278.7M | 292.6M | |
Cost Of Revenue | 318.1M | 391.7M | 369.2M | 449.1M | 650.7M | 425.0M | |
Total Operating Expenses | 174.6M | 175.9M | 253.7M | 507.7M | 884.9M | 929.2M | |
Income Before Tax | 26.2M | 104.8M | 127.5M | 15.2M | 56.6M | 58.7M | |
Total Other Income Expense Net | (760.6K) | (389.4K) | 760.4K | (1.6M) | (44.8M) | (42.6M) | |
Net Income | 23.1M | 102.2M | 133.5M | 25.4M | 70.4M | 57.6M | |
Income Tax Expense | 3.1M | 2.5M | (6.0M) | (10.1M) | (13.7M) | (13.0M) | |
Research Development | 15.5M | 46.3M | 98.5M | 110.3M | 111.3M | 116.8M | |
Tax Provision | 3.1M | 2.5M | (6.0M) | (10.1M) | (13.7M) | (13.0M) | |
Net Interest Income | 1.0M | (436.6K) | 328.8K | 3.8M | (2.9M) | (2.7M) | |
Interest Income | 1.1M | 1.8M | 3.2M | 6.0M | 1.1M | 2.1M | |
Net Income From Continuing Ops | 23.1M | 102.2M | 133.5M | 25.3M | 70.4M | 66.0M | |
Net Income Applicable To Common Shares | 23.1M | 102.2M | 133.5M | 25.3M | 29.1M | 27.7M | |
Reconciled Depreciation | 9.5M | 12.4M | 24.1M | 50.3M | 175.3M | 184.1M |
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 Mingchen Stock
Mingchen Health 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 Mingchen Health shareholders. The income statement also shows Mingchen 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).