Shanghai Historical Income Statement

603579 Stock   14.14  0.19  1.36%   
Historical analysis of Shanghai Rongtai income statement accounts such as Selling General Administrative of 212.2 M, Total Revenue of 1.6 B or Operating Income of 192.8 M can show how well Shanghai Rongtai Health performed in making a profits. Evaluating Shanghai Rongtai income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shanghai Rongtai's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Shanghai Rongtai Health 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 Shanghai Rongtai Health is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios. 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 Shanghai Income Statement Analysis

Shanghai Rongtai Health 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 Shanghai Rongtai shareholders. The income statement also shows Shanghai 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).

Shanghai Rongtai Income Statement Chart

At present, Shanghai Rongtai'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 212.2 M, whereas Total Revenue is forecasted to decline to about 1.6 B.

Total Revenue

Total revenue comprises all receipts Shanghai Rongtai Health 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 Shanghai Rongtai Health 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 Shanghai Rongtai Health 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 Shanghai Rongtai's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shanghai Rongtai Health 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. 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, Shanghai Rongtai'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 212.2 M, whereas Total Revenue is forecasted to decline to about 1.6 B.
 2022 2023 2024 2025 (projected)
Operating Income171.1M215.7M248.1M192.8M
Total Revenue2.0B1.9B2.1B1.6B

Shanghai Rongtai income statement Correlations

0.910.940.940.880.910.860.51-0.14-0.170.310.820.470.33-0.030.80.360.250.59
0.910.940.990.990.930.890.26-0.33-0.080.510.730.730.19-0.340.920.260.040.55
0.940.940.960.90.980.910.4-0.170.010.410.770.540.3-0.140.790.350.120.51
0.940.990.960.980.930.870.29-0.26-0.080.440.790.630.28-0.230.910.350.120.54
0.880.990.90.980.890.860.19-0.37-0.110.520.70.760.15-0.380.940.230.010.54
0.910.930.980.930.890.960.37-0.120.040.440.70.560.33-0.20.770.370.140.51
0.860.890.910.870.860.960.38-0.190.10.540.580.630.21-0.350.720.230.040.47
0.510.260.40.290.190.370.380.49-0.33-0.150.61-0.180.510.460.170.410.540.35
-0.14-0.33-0.17-0.26-0.37-0.12-0.190.49-0.3-0.590.19-0.640.790.75-0.350.720.790.1
-0.17-0.080.01-0.08-0.110.040.1-0.33-0.30.62-0.350.16-0.36-0.48-0.1-0.39-0.63-0.43
0.310.510.410.440.520.440.54-0.15-0.590.620.020.78-0.42-0.830.58-0.39-0.60.05
0.820.730.770.790.70.70.580.610.19-0.350.020.260.670.290.690.680.570.72
0.470.730.540.630.760.560.63-0.18-0.640.160.780.26-0.27-0.80.75-0.2-0.390.46
0.330.190.30.280.150.330.210.510.79-0.36-0.420.67-0.270.650.150.990.920.52
-0.03-0.34-0.14-0.23-0.38-0.2-0.350.460.75-0.48-0.830.29-0.80.65-0.360.60.780.11
0.80.920.790.910.940.770.720.17-0.35-0.10.580.690.750.15-0.360.240.040.55
0.360.260.350.350.230.370.230.410.72-0.39-0.390.68-0.20.990.60.240.890.53
0.250.040.120.120.010.140.040.540.79-0.63-0.60.57-0.390.920.780.040.890.54
0.590.550.510.540.540.510.470.350.1-0.430.050.720.460.520.110.550.530.54
Click cells to compare fundamentals

Shanghai Rongtai Account Relationship Matchups

Shanghai Rongtai income statement Accounts

202020212022202320242025 (projected)
Interest Expense6.8M28.7M28.8M27.4M31.5M33.1M
Selling General Administrative203.9M276.5M226.9M174.4M200.5M212.2M
Total Revenue2.0B2.6B2.0B1.9B2.1B1.6B
Operating Income243.5M264.3M171.1M215.7M248.1M192.8M
Research Development100.1M119.2M88.7M80.2M92.2M78.3M
Cost Of Revenue1.4B1.9B1.5B1.3B1.5B1.1B
Income Before Tax198.2M261.0M179.4M230.2M264.7M192.6M
Income Tax Expense31.9M39.6M17.2M32.9M37.9M24.9M
Minority Interest(9.1M)8.3M(491.9K)(625.1K)(562.6K)(534.4K)
Tax Provision17.2M32.9M14.7M26.9M24.2M23.0M
Net Interest Income(1.1M)(20.7M)(4.3M)7.0M8.0M8.4M
Interest Income7.6M10.0M24.8M34.8M40.1M42.1M
Gross Profit579.9M701.1M531.8M571.8M514.6M511.4M
Other Operating Expenses4.2M5.2M6.3M7.8M9.0M5.5M
Net Income From Continuing Ops181.0M228.0M164.7M203.3M183.0M175.1M
Ebit275.2M221.8M239.5M146.1M131.5M199.3M
Total Operating Expenses1.8B2.3B1.8B1.6B1.9B2.0B
Net Income Applicable To Common Shares295.6M193.0M236.3M164.2M147.8M178.4M
Net Income193.0M236.3M164.2M202.7M182.4M176.4M
Ebitda397.0M252.2M352.5M267.1M240.4M262.5M
Reconciled Depreciation47.1M62.8M58.9M60.0M54.0M49.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

Shanghai Rongtai Health 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 Shanghai Rongtai shareholders. The income statement also shows Shanghai 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).