Qingdao Historical Income Statement
| 301022 Stock | 20.83 0.13 0.62% |
Historical analysis of Qingdao Hi-Tech income statement accounts such as Interest Income of 1.1 M, Interest Expense of 19.8 M or Selling General Administrative of 15.3 M can show how well Qingdao Hi Tech Moulds performed in making a profits. Evaluating Qingdao Hi-Tech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qingdao Hi-Tech's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Qingdao Hi Tech 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 Qingdao Hi Tech is a good buy for the upcoming year.
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About Qingdao Income Statement Analysis
Qingdao Hi Tech 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 Qingdao Hi-Tech shareholders. The income statement also shows Qingdao 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).
Qingdao Hi-Tech Income Statement Chart
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Qingdao Hi Tech 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 Qingdao Hi Tech Moulds minus its cost of goods sold. It is profit before Qingdao Hi-Tech 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 Qingdao Hi-Tech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qingdao Hi Tech 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 Qingdao Hi Tech Moulds. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At present, Qingdao Hi-Tech's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 41.7 M, whereas Tax Provision is forecasted to decline to about 387 K.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 613.5K | 16.4M | 18.9M | 19.8M | Interest Income | 1.6M | 1.4M | 1.3M | 1.1M |
Qingdao Hi-Tech income statement Correlations
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Qingdao Hi-Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qingdao Hi-Tech income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Tax Provision | 11.1M | 4.7M | 4.1M | 452.7K | 407.4K | 387.0K | |
| Net Interest Income | (2.5M) | (1.1M) | 761.5K | (15.2M) | (13.7M) | (13.0M) | |
| Interest Income | 379.9K | 1.1M | 1.6M | 1.4M | 1.3M | 1.1M | |
| Interest Expense | 2.5M | 1.9M | 613.5K | 16.4M | 18.9M | 19.8M | |
| Selling General Administrative | 13.1M | 17.8M | 14.9M | 23.4M | 26.9M | 15.3M | |
| Total Revenue | 455.5M | 592.3M | 500.3M | 572.4M | 658.3M | 541.8M | |
| Gross Profit | 136.7M | 132.8M | 112.6M | 136.7M | 157.2M | 139.7M | |
| Operating Income | 93.5M | 75.5M | 60.8M | 63.9M | 57.5M | 57.3M | |
| Net Income From Continuing Ops | 68.4M | 60.3M | 54.4M | 23.3M | 21.0M | 41.7M | |
| Research Development | 16.4M | 20.4M | 20.6M | 24.6M | 28.2M | 20.9M | |
| Cost Of Revenue | 318.8M | 459.6M | 387.7M | 435.7M | 501.1M | 402.0M | |
| Total Operating Expenses | 362.0M | 516.8M | 439.5M | 508.5M | 584.8M | 463.0M | |
| Reconciled Depreciation | 16.2M | 20.1M | 23.1M | 37.8M | 43.5M | 24.5M | |
| Income Before Tax | 79.4M | 65.0M | 58.5M | 23.7M | 21.4M | 20.3M | |
| Net Income | 68.4M | 60.3M | 54.4M | 23.3M | 21.0M | 41.7M | |
| Minority Interest | (109.08) | (210.84) | (444.94) | (84.77) | (76.29) | (80.11) |
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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 Qingdao Stock
Qingdao Hi Tech 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 Qingdao Hi-Tech shareholders. The income statement also shows Qingdao 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).