Shandong Historical Income Statement

600022 Stock   1.72  0.07  4.24%   
Historical analysis of Shandong Iron income statement accounts such as Selling General Administrative of 985.8 M, Total Revenue of 52.8 B or Operating Income of 18 M can show how well Shandong Iron and performed in making a profits. Evaluating Shandong Iron income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shandong Iron's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Shandong Iron 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 Iron 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 Iron and. 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 Iron 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 Iron 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 Iron Income Statement Chart

At present, Shandong Iron'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 985.8 M, whereas Total Revenue is forecasted to decline to about 52.8 B.

Total Revenue

Total revenue comprises all receipts Shandong Iron 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 Iron income statement and represents the costs associated with goods and services Shandong Iron 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 Iron's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shandong Iron 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 Iron and. 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 Iron'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 985.8 M, whereas Total Revenue is forecasted to decline to about 52.8 B.
 2021 2022 2023 2024 (projected)
Gross Profit9.4B5.7B3.6B5.0B
Research Development2.0B2.1B2.1B2.2B

Shandong Iron income statement Correlations

-0.05-0.27-0.05-0.37-0.28-0.37-0.34-0.4-0.56-0.41-0.38-0.61-0.480.66-0.19-0.10.44-0.37-0.44
-0.050.541.00.50.150.65-0.120.690.680.630.480.520.8-0.540.540.01-0.370.690.75
-0.270.540.490.930.760.310.190.290.790.340.910.750.5-0.550.74-0.18-0.590.620.45
-0.051.00.490.460.110.64-0.120.680.650.620.440.490.79-0.520.510.02-0.340.670.74
-0.370.50.930.460.830.320.190.30.790.320.990.720.51-0.470.79-0.16-0.580.640.45
-0.280.150.760.110.83-0.090.42-0.090.490.120.890.550.07-0.30.37-0.09-0.560.180.05
-0.370.650.310.640.32-0.09-0.460.960.690.720.280.520.91-0.550.390.46-0.140.820.83
-0.34-0.120.19-0.120.190.42-0.46-0.290.15-0.040.260.35-0.17-0.38-0.1-0.5-0.65-0.18-0.05
-0.40.690.290.680.3-0.090.96-0.290.730.80.280.560.95-0.630.360.29-0.340.830.94
-0.560.680.790.650.790.490.690.150.730.660.780.930.84-0.850.670.01-0.680.860.81
-0.410.630.340.620.320.120.72-0.040.80.660.350.570.79-0.650.180.13-0.560.650.83
-0.380.480.910.440.990.890.280.260.280.780.350.730.47-0.50.69-0.11-0.620.570.42
-0.610.520.750.490.720.550.520.350.560.930.570.730.67-0.920.510.05-0.730.730.64
-0.480.80.50.790.510.070.91-0.170.950.840.790.470.67-0.710.550.14-0.440.880.96
0.66-0.54-0.55-0.52-0.47-0.3-0.55-0.38-0.63-0.85-0.65-0.5-0.92-0.71-0.29-0.060.69-0.61-0.7
-0.190.540.740.510.790.370.39-0.10.360.670.180.690.510.55-0.29-0.3-0.30.770.48
-0.10.01-0.180.02-0.16-0.090.46-0.50.290.010.13-0.110.050.14-0.06-0.30.460.03-0.03
0.44-0.37-0.59-0.34-0.58-0.56-0.14-0.65-0.34-0.68-0.56-0.62-0.73-0.440.69-0.30.46-0.46-0.59
-0.370.690.620.670.640.180.82-0.180.830.860.650.570.730.88-0.610.770.03-0.460.86
-0.440.750.450.740.450.050.83-0.050.940.810.830.420.640.96-0.70.48-0.03-0.590.86
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Shandong Iron Account Relationship Matchups

Shandong Iron income statement Accounts

201920202021202220232024 (projected)
Interest Expense881.1M779.6M619.1M536.3M481.7M505.7M
Selling General Administrative751.5M637.6M655.4M524.5M500.5M985.8M
Total Revenue71.1B87.3B110.9B102.3B90.5B52.8B
Operating Income1.2B2.8B4.7B1.8B18.9M18.0M
Cost Of Revenue66.4B81.7B101.4B96.6B86.9B48.9B
Income Before Tax1.0B2.0B4.0B1.5B(98.2M)(93.3M)
Net Income Applicable To Common Shares579.1M722.7M1.2B555.2M638.4M706.9M
Net Income579.1M722.7M1.2B555.2M(399.6M)(379.6M)
Income Tax Expense117.6M98.1M391.2M1.1B964.7M1.0B
Minority Interest9.4B9.7B(1.7B)(862.3M)(329.0M)(312.5M)
Research Development969.7M1.3B2.0B2.1B2.1B2.2B
Gross Profit4.7B5.6B9.4B5.7B3.6B5.0B
Other Operating Expenses346.0M307.1M315.7M364.2M418.8M313.4M
Net Income From Continuing Ops905.7M1.6B3.0B1.4B(70.6M)(67.1M)
Ebit1.8B2.5B4.1B1.5B1.7B2.3B
Total Operating Expenses69.1B84.5B106.2B100.5B90.5B78.1B
Tax Provision98.1M391.2M1.1B88.8M(27.6M)(26.2M)
Net Interest Income(913.5M)(837.0M)(644.6M)(416.9M)(392.2M)(411.8M)
Interest Income69.5M79.8M103.7M120.0M112.7M110.6M
Ebitda4.1B5.4B7.3B4.5B5.2B5.3B
Reconciled Depreciation2.3B2.6B2.7B2.5B2.4B2.3B

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Other Information on Investing in Shandong Stock

Shandong Iron 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 Iron 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).