China Historical Income Statement

601698 Stock   20.17  0.42  2.04%   
Historical analysis of China Satellite income statement accounts such as Net Interest Income of 161.7 M, Interest Income of 170.3 M or Interest Expense of 5.3 M can show how well China Satellite Communications performed in making a profits. Evaluating China Satellite income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of China Satellite's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining China Satellite Comm 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 China Satellite Comm 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 China Satellite Communications. 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 China Income Statement Analysis

China Satellite Comm 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 China Satellite shareholders. The income statement also shows China 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).

China Satellite Income Statement Chart

At present, China Satellite's Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 170.3 M, whereas Tax Provision is forecasted to decline to about 68.6 M.

Total Revenue

Total revenue comprises all receipts China Satellite Comm 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 China Satellite Communications minus its cost of goods sold. It is profit before China Satellite 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 China Satellite Comm. It is also known as China Satellite 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 China Satellite's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into China Satellite Comm 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 China Satellite Communications. 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, China Satellite's Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 170.3 M, whereas Tax Provision is forecasted to decline to about 68.6 M.
 2021 2022 2023 2024 (projected)
Interest Income55.6M92.6M162.2M170.3M
Net Interest Income48.4M85.0M154.0M161.7M

China Satellite income statement Correlations

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-0.460.860.850.9-0.450.65-0.67-0.27-0.880.830.870.92-0.71-0.650.32-0.77-0.580.620.91
-0.490.780.750.9-0.420.61-0.59-0.18-0.860.830.850.9-0.62-0.710.42-0.77-0.490.390.93
0.37-0.69-0.71-0.45-0.42-0.830.940.280.26-0.47-0.69-0.610.66-0.08-0.340.730.71-0.55-0.57
-0.580.860.860.650.61-0.83-0.82-0.17-0.610.670.820.75-0.69-0.370.5-0.79-0.940.640.61
0.37-0.79-0.79-0.67-0.590.94-0.820.40.49-0.68-0.83-0.790.790.11-0.280.870.66-0.62-0.76
-0.6-0.38-0.38-0.27-0.180.28-0.170.40.22-0.25-0.16-0.230.760.170.720.370.02-0.47-0.29
0.44-0.73-0.68-0.88-0.860.26-0.610.490.22-0.93-0.84-0.890.640.87-0.320.780.49-0.4-0.81
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-0.620.820.790.870.85-0.690.82-0.83-0.16-0.840.940.99-0.71-0.530.53-0.94-0.650.470.92
-0.550.820.80.920.9-0.610.75-0.79-0.23-0.890.950.99-0.73-0.590.44-0.93-0.580.480.96
0.07-0.86-0.84-0.71-0.620.66-0.690.790.760.64-0.68-0.71-0.730.460.140.830.51-0.77-0.71
0.29-0.52-0.46-0.65-0.71-0.08-0.370.110.170.87-0.69-0.53-0.590.46-0.170.510.32-0.25-0.52
-0.930.270.270.320.42-0.340.5-0.280.72-0.320.370.530.440.14-0.17-0.33-0.54-0.040.34
0.44-0.78-0.75-0.77-0.770.73-0.790.870.370.78-0.92-0.94-0.930.830.51-0.330.57-0.48-0.87
0.59-0.79-0.8-0.58-0.490.71-0.940.660.020.49-0.47-0.65-0.580.510.32-0.540.57-0.65-0.43
-0.230.850.870.620.39-0.550.64-0.62-0.47-0.40.320.470.48-0.77-0.25-0.04-0.48-0.650.41
-0.420.760.740.910.93-0.570.61-0.76-0.29-0.810.890.920.96-0.71-0.520.34-0.87-0.430.41
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China Satellite Account Relationship Matchups

China Satellite income statement Accounts

201920202021202220232024 (projected)
Tax Provision116.8M94.5M117.6M(171.7M)99.9M68.6M
Net Interest Income45.7M43.5M48.4M85.0M154.0M161.7M
Interest Income51.1M44.0M55.6M92.6M162.2M170.3M
Interest Expense4.8M3.1M6.8M7.1M7.7M5.3M
Selling General Administrative101.7M90.9M93.0M96.8M99.6M102.8M
Total Revenue2.7B2.7B2.6B2.7B2.6B2.9B
Gross Profit1.1B976.7M989.0M996.9M934.0M846.1M
Other Operating Expenses3.8M2.2M50.9M85.9M98.8M103.7M
Operating Income772.6M730.7M762.5M777.6M683.0M644.3M
Net Income From Continuing Ops689.8M646.2M727.5M1.1B509.0M589.1M
Ebit899.5M742.1M685.3M784.1M705.7M810.9M
Research Development74.5M87.2M72.2M68.6M69.0M70.1M
Cost Of Revenue1.6B1.7B1.6B1.7B1.7B1.8B
Total Operating Expenses2.0B2.0B1.9B2.0B1.9B2.0B
Income Before Tax806.7M740.7M845.1M915.5M608.9M657.6M
Net Income Applicable To Common Shares418.3M446.4M488.8M572.3M658.2M504.7M
Net Income446.4M488.8M572.3M922.8M348.8M553.4M
Income Tax Expense145.5M116.8M94.5M117.6M105.8M101.0M
Minority Interest4.0B3.8B(155.2M)(164.4M)(160.2M)(152.2M)
Ebitda2.2B2.1B2.1B2.2B2.5B2.3B
Reconciled Depreciation1.3B1.3B1.2B1.3B1.3B1.4B

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Other Information on Investing in China Stock

China Satellite Comm 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 China Satellite shareholders. The income statement also shows China 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).