Ping Historical Income Statement

601318 Stock   49.38  0.13  0.26%   
Historical analysis of Ping An income statement accounts such as Selling General Administrative of 117.3 B, Total Revenue of 986.6 B or Gross Profit of 366.1 B can show how well Ping An Insurance performed in making a profits. Evaluating Ping An income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ping An's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ping An Insurance 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 Ping An Insurance 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 Ping An Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Ping Income Statement Analysis

Ping An Insurance 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 Ping An shareholders. The income statement also shows Ping 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).

Ping An Income Statement Chart

At present, Ping An'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 117.3 B, whereas Gross Profit is forecasted to decline to about 366.1 B.

Total Revenue

Total revenue comprises all receipts Ping An Insurance 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 Ping An Insurance minus its cost of goods sold. It is profit before Ping An 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ping An Insurance. It is also known as Ping An overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Ping An's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ping An Insurance 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 Ping An Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Ping An'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 117.3 B, whereas Gross Profit is forecasted to decline to about 366.1 B.
 2024 2025 (projected)
Gross Profit512.0B366.1B
Total Revenue922.4B986.6B

Ping An income statement Correlations

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0.40.850.780.860.930.860.850.790.860.760.91-0.350.02-0.14-0.150.060.77
-0.030.850.921.00.860.670.990.650.710.790.78-0.6-0.24-0.38-0.46-0.10.94
-0.060.780.920.90.790.560.930.690.60.720.71-0.71-0.33-0.48-0.49-0.240.92
0.010.861.00.90.870.70.980.650.730.810.8-0.55-0.21-0.33-0.42-0.050.92
0.250.930.860.790.870.920.880.60.950.880.99-0.310.17-0.02-0.250.160.76
0.380.860.670.560.70.920.70.540.980.850.950.00.340.32-0.080.310.5
-0.030.850.990.930.980.880.70.640.740.810.8-0.57-0.22-0.31-0.45-0.070.91
0.390.790.650.690.650.60.540.640.510.440.56-0.32-0.29-0.23-0.07-0.150.61
0.30.860.710.60.730.950.980.740.510.840.98-0.050.360.27-0.150.280.55
0.140.760.790.720.810.880.850.810.440.840.87-0.280.070.03-0.250.380.64
0.330.910.780.710.80.990.950.80.560.980.87-0.190.290.1-0.160.250.66
0.46-0.35-0.6-0.71-0.55-0.310.0-0.57-0.32-0.05-0.28-0.190.740.860.740.55-0.8
0.530.02-0.24-0.33-0.210.170.34-0.22-0.290.360.070.290.740.690.60.57-0.41
0.26-0.14-0.38-0.48-0.33-0.020.32-0.31-0.230.270.030.10.860.690.390.48-0.61
0.81-0.15-0.46-0.49-0.42-0.25-0.08-0.45-0.07-0.15-0.25-0.160.740.60.390.57-0.61
0.520.06-0.1-0.24-0.050.160.31-0.07-0.150.280.380.250.550.570.480.57-0.32
-0.170.770.940.920.920.760.50.910.610.550.640.66-0.8-0.41-0.61-0.61-0.32
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Ping An Account Relationship Matchups

Ping An income statement Accounts

202020212022202320242025 (projected)
Interest Expense26.4B28.1B22.9B591.7B680.4B714.4B
Selling General Administrative176.6B172.6B164.7B80.2B72.2B117.3B
Total Revenue1.1T1.1T985.7B802.1B922.4B986.6B
Other Operating Expenses36.8B36.6B41.5B37.7B43.3B34.6B
Net Income From Continuing Ops159.4B121.8B107.4B109.3B125.7B124.7B
Ebit206.1B214.4B168.7B127.5B146.7B176.8B
Total Operating Expenses925.5B1.5T879.9B681.9B784.2B888.8B
Income Before Tax187.8B139.6B105.8B120.1B138.1B149.6B
Total Other Income Expense Net69.8B71.3B69.6B74.5B85.6B81.0B
Net Income Applicable To Common Shares149.4B143.1B101.6B83.8B96.3B108.8B
Net Income143.1B101.6B83.8B85.7B98.5B107.1B
Income Tax Expense20.4B28.4B17.8B(1.6B)(1.5B)(1.4B)
Minority Interest225.3B(20.2B)(23.7B)(23.6B)(21.2B)(20.2B)
Tax Provision28.4B17.8B(1.6B)10.8B9.8B17.5B
Net Interest Income74.0B65.2B101.4B(473.2B)(425.9B)(404.6B)
Interest Income118.8B125.5B131.1B118.9B107.1B111.1B
Reconciled Depreciation16.5B16.5B18.4B19.2B22.1B16.1B

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Other Information on Investing in Ping Stock

Ping An Insurance 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 Ping An shareholders. The income statement also shows Ping 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).