Hang Historical Income Statement

600477 Stock   2.73  0.02  0.73%   
Historical analysis of Hang Xiao income statement accounts such as Net Income Applicable To Common Shares of 497 M, Net Income of 230.9 M or Selling General Administrative of 238.3 M can show how well Hang Xiao Steel performed in making a profits. Evaluating Hang Xiao income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hang Xiao's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hang Xiao Steel 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 Hang Xiao Steel 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 Hang Xiao Steel. 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 Hang Income Statement Analysis

Hang Xiao Steel 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 Hang Xiao shareholders. The income statement also shows Hang 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).

Hang Xiao Income Statement Chart

At present, Hang Xiao's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 497 M, whereas Net Income is forecasted to decline to about 230.9 M.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hang Xiao Steel financial statement analysis. It represents the amount of money remaining after all of Hang Xiao Steel operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts Hang Xiao Steel 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.

Operating Income

Operating Income is the amount of profit realized from Hang Xiao Steel operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hang Xiao Steel is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Hang Xiao's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hang Xiao Steel 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 Hang Xiao Steel. 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, Hang Xiao's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 497 M, whereas Net Income is forecasted to decline to about 230.9 M.
 2021 2022 2023 2024 (projected)
Operating Income482.4M520.4M692.0M376.2M
Total Revenue9.6B9.9B10.8B11.4B

Hang Xiao income statement Correlations

-0.060.380.90.310.990.960.350.310.69-0.60.990.820.310.430.310.40.61-0.130.01
-0.060.29-0.010.3-0.06-0.020.340.280.010.08-0.13-0.30.210.16-0.16-0.18-0.07-0.090.23
0.380.290.461.00.350.29-0.280.890.82-0.730.410.050.920.92-0.61-0.570.58-0.830.78
0.9-0.010.460.390.870.880.240.470.82-0.760.860.820.390.410.090.150.52-0.330.25
0.310.31.00.390.280.22-0.320.880.78-0.690.35-0.030.930.92-0.64-0.60.56-0.840.8
0.99-0.060.350.870.280.960.370.260.65-0.540.990.810.270.40.390.420.58-0.06-0.04
0.96-0.020.290.880.220.960.440.240.65-0.450.950.840.210.320.40.40.580.0-0.02
0.350.34-0.280.24-0.320.370.44-0.28-0.140.180.270.32-0.35-0.220.510.560.190.36-0.48
0.310.280.890.470.880.260.24-0.280.82-0.710.3-0.040.960.87-0.67-0.590.43-0.860.93
0.690.010.820.820.780.650.65-0.140.82-0.840.70.50.770.77-0.33-0.350.59-0.680.69
-0.60.08-0.73-0.76-0.69-0.54-0.450.18-0.71-0.84-0.59-0.48-0.69-0.690.460.25-0.50.79-0.53
0.99-0.130.410.860.350.990.950.270.30.7-0.590.80.330.470.320.370.63-0.120.01
0.82-0.30.050.82-0.030.810.840.32-0.040.5-0.480.8-0.10.010.40.420.360.1-0.23
0.310.210.920.390.930.270.21-0.350.960.77-0.690.33-0.10.92-0.65-0.530.52-0.850.86
0.430.160.920.410.920.40.32-0.220.870.77-0.690.470.010.92-0.54-0.440.61-0.790.71
0.31-0.16-0.610.09-0.640.390.40.51-0.67-0.330.460.320.4-0.65-0.540.74-0.170.83-0.74
0.4-0.18-0.570.15-0.60.420.40.56-0.59-0.350.250.370.42-0.53-0.440.740.110.64-0.8
0.61-0.070.580.520.560.580.580.190.430.59-0.50.630.360.520.61-0.170.11-0.460.19
-0.13-0.09-0.83-0.33-0.84-0.060.00.36-0.86-0.680.79-0.120.1-0.85-0.790.830.64-0.46-0.81
0.010.230.780.250.8-0.04-0.02-0.480.930.69-0.530.01-0.230.860.71-0.74-0.80.19-0.81
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Hang Xiao Account Relationship Matchups

Hang Xiao income statement Accounts

201920202021202220232024 (projected)
Interest Expense54.4M51.7M88.4M109.7M162.0M170.1M
Net Income Applicable To Common Shares568.0M468.9M723.9M411.6M473.3M497.0M
Net Income468.9M723.9M411.6M267.9M293.6M230.9M
Selling General Administrative244.0M309.5M301.5M291.1M314.0M238.3M
Total Revenue6.6B8.1B9.6B9.9B10.8B11.4B
Operating Income476.5M609.5M482.4M520.4M692.0M376.2M
Cost Of Revenue5.5B6.7B8.2B8.4B9.1B9.5B
Income Before Tax546.8M904.7M537.7M227.9M338.3M311.3M
Income Tax Expense102.2M66.6M153.1M49.2M56.5M49.1M
Minority Interest175.5M187.7M(76.9M)(21.3M)(29.4M)(27.9M)
Research Development252.4M315.4M383.4M487.8M560.0M317.4M
Gross Profit1.2B1.4B1.3B1.5B1.7B1.5B
Other Operating Expenses37.9M38.3M88.5M33.2M29.9M45.0M
Net Income From Continuing Ops480.2M751.6M488.5M289.2M323.0M378.1M
Ebit731.6M435.8M511.4M355.4M319.9M459.0M
Total Operating Expenses6.1B7.5B9.1B9.4B10.1B7.1B
Tax Provision66.6M153.1M49.2M(61.3M)15.3M14.6M
Net Interest Income(52.4M)(47.2M)(89.5M)(112.7M)(168.9M)(160.4M)
Interest Income6.1M7.5M4.4M6.9M4.5M6.3M
Ebitda689.9M1.1B756.1M508.9M458.0M649.8M
Reconciled Depreciation88.7M109.2M130.0M171.3M210.0M137.6M

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Other Information on Investing in Hang Stock

Hang Xiao Steel 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 Hang Xiao shareholders. The income statement also shows Hang 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).