Tongxing Historical Income Statement

003027 Stock   16.71  0.92  5.83%   
Historical analysis of Tongxing Environmental income statement accounts such as Selling General Administrative of 39.5 M, Selling And Marketing Expenses of 21.2 M or Total Revenue of 741.4 M can show how well Tongxing Environmental Protection performed in making a profits. Evaluating Tongxing Environmental income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tongxing Environmental's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tongxing Environmental 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 Tongxing Environmental 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 Tongxing Environmental Protection. 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 Tongxing Income Statement Analysis

Tongxing Environmental 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 Tongxing Environmental shareholders. The income statement also shows Tongxing 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).

Tongxing Environmental Income Statement Chart

At present, Tongxing Environmental'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 39.5 M, whereas Selling And Marketing Expenses is forecasted to decline to about 21.2 M.

Total Revenue

Total revenue comprises all receipts Tongxing Environmental 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 Tongxing Environmental Protection minus its cost of goods sold. It is profit before Tongxing Environmental 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 Tongxing Environmental's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tongxing Environmental 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 Tongxing Environmental Protection. 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, Tongxing Environmental'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 39.5 M, whereas Selling And Marketing Expenses is forecasted to decline to about 21.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit341.2M295.7M179.5M264.8M
Total Revenue933.4M938.3M775.2M741.4M

Tongxing Environmental income statement Correlations

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0.820.890.440.310.120.47-0.220.440.290.410.93-0.330.41-0.30.210.510.23-0.950.130.48-0.950.8
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Tongxing Environmental Account Relationship Matchups

Tongxing Environmental income statement Accounts

201920202021202220232024 (projected)
Interest Expense4.6M2.9M135.0K3.9M7.1M7.4M
Selling General Administrative12.4M14.1M12.2M11.1M37.6M39.5M
Selling And Marketing Expenses25.0M18.2M27.2M25.9M29.8M21.2M
Total Revenue759.2M767.5M933.4M938.3M775.2M741.4M
Gross Profit323.5M309.2M341.2M295.7M179.5M264.8M
Other Operating Expenses521.3M557.5M717.4M781.0M898.1M547.5M
Operating Income217.3M196.4M204.2M146.2M60.7M57.7M
Research Development46.4M46.5M48.8M56.3M62.1M44.8M
Ebitda248.3M228.2M250.3M198.6M228.4M189.0M
Cost Of Revenue435.7M458.3M592.2M642.5M595.7M476.6M
Total Operating Expenses85.6M99.2M125.2M138.5M714.4M750.2M
Income Before Tax219.5M205.9M210.5M153.4M27.7M26.3M
Total Other Income Expense Net2.2M9.5M6.3M7.3M8.4M8.8M
Net Income170.3M154.1M162.4M119.9M25.5M24.3M
Income Tax Expense31.6M29.2M28.7M20.5M23.5M24.0M
Depreciation And Amortization31.0M31.8M46.1M52.5M60.3M31.9M
Ebit217.3M196.4M204.2M146.2M168.1M185.8M

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Other Information on Investing in Tongxing Stock

Tongxing Environmental 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 Tongxing Environmental shareholders. The income statement also shows Tongxing 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).