Ningbo Historical Income Statement

601137 Stock   20.01  1.14  6.04%   
Historical analysis of Ningbo Boway income statement accounts such as Selling General Administrative of 435 M, Total Revenue of 18.6 B or Operating Income of 1.9 B can show how well Ningbo Boway Alloy performed in making a profits. Evaluating Ningbo Boway income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ningbo Boway's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ningbo Boway Alloy 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 Ningbo Boway Alloy 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 Ningbo Boway Alloy. 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 Ningbo Income Statement Analysis

Ningbo Boway Alloy 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 Ningbo Boway shareholders. The income statement also shows Ningbo 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).

Ningbo Boway Income Statement Chart

At present, Ningbo Boway'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 435 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 210.7 M.

Total Revenue

Total revenue comprises all receipts Ningbo Boway Alloy 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 Ningbo Boway Alloy 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 Ningbo Boway Alloy 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.

Cost Of Revenue

Cost of Revenue is found on Ningbo Boway Alloy income statement and represents the costs associated with goods and services Ningbo Boway 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 Ningbo Boway's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ningbo Boway Alloy 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 Ningbo Boway Alloy. 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, Ningbo Boway'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 435 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 210.7 M.
 2021 2022 2023 2024 (projected)
Operating Income491.5M876.8M1.9B1.9B
Total Revenue10.0B13.4B17.8B18.6B

Ningbo Boway income statement Correlations

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0.420.450.370.450.410.420.490.40.350.410.720.510.530.37-0.40.64-0.40.460.43
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0.650.660.60.660.630.650.720.610.630.480.660.650.870.5-0.590.81-0.730.640.67
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0.840.930.980.920.980.970.370.720.970.850.970.50.760.39-0.830.65-0.620.750.71
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0.790.870.810.880.80.810.460.940.840.810.810.640.970.540.75-0.930.75-0.870.97
0.80.870.790.880.770.780.430.930.830.830.780.670.940.570.71-0.940.71-0.950.97
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Ningbo Boway Account Relationship Matchups

Ningbo Boway income statement Accounts

201920202021202220232024 (projected)
Interest Expense70.1M75.5M109.6M146.9M148.3M155.7M
Selling General Administrative320.4M291.9M220.9M275.5M414.3M435.0M
Total Revenue7.6B7.6B10.0B13.4B17.8B18.6B
Operating Income553.4M599.6M491.5M876.8M1.9B1.9B
Cost Of Revenue6.4B6.3B8.8B11.7B14.7B15.4B
Income Before Tax466.0M463.2M338.1M600.4M1.3B1.3B
Net Income Applicable To Common Shares396.6M440.1M428.9M310.3M356.8M210.7M
Net Income440.1M428.9M310.3M537.2M1.1B1.2B
Income Tax Expense58.0M21.5M34.3M27.8M32.0M20.0M
Research Development178.4M207.7M308.8M342.9M443.9M234.0M
Gross Profit1.2B1.3B1.2B1.7B3.1B3.2B
Other Operating Expenses10.9M8.5M12.7M28.3M32.5M34.1M
Net Income From Continuing Ops444.4M428.9M310.3M537.2M1.1B1.2B
Ebit486.7M512.5M573.2M396.8M456.4M444.6M
Total Operating Expenses7.0B7.0B9.5B12.6B15.9B8.6B
Tax Provision21.5M34.3M27.8M63.1M162.1M170.2M
Net Interest Income(68.2M)(77.2M)(113.8M)(157.4M)(156.8M)(149.0M)
Interest Income6.1M3.4M2.3M4.0M5.7M4.2M
Ebitda764.6M803.8M742.3M1.1B1.3B804.4M
Reconciled Depreciation228.6M265.1M294.7M352.5M440.2M255.0M

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Other Information on Investing in Ningbo Stock

Ningbo Boway Alloy 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 Ningbo Boway shareholders. The income statement also shows Ningbo 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).