Yantai Jereh Oilfield Stock Net Income

002353 Stock   35.90  0.90  2.57%   
Yantai Jereh Oilfield fundamentals help investors to digest information that contributes to Yantai Jereh's financial success or failures. It also enables traders to predict the movement of Yantai Stock. The fundamental analysis module provides a way to measure Yantai Jereh's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Yantai Jereh stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares2.6 B2.7 B
Net Income2.5 B2.6 B
Net Income From Continuing Ops2.5 B1.3 B
At present, Yantai Jereh's Net Income Applicable To Common Shares is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 2.6 B, whereas Net Income From Continuing Ops is forecasted to decline to about 1.3 B.
  
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Yantai Jereh Oilfield Company Net Income Analysis

Yantai Jereh's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Yantai Jereh Net Income

    
  2.46 B  
Most of Yantai Jereh's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Yantai Jereh Oilfield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Yantai Operating Income

Operating Income

3.24 Billion

At present, Yantai Jereh's Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Yantai Jereh Oilfield reported net income of 2.46 B. This is 8.31% higher than that of the Energy Equipment & Services sector and significantly higher than that of the Energy industry. The net income for all China stocks is significantly lower than that of the firm.

Yantai Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Yantai Jereh's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Yantai Jereh could also be used in its relative valuation, which is a method of valuing Yantai Jereh by comparing valuation metrics of similar companies.
Yantai Jereh is currently under evaluation in net income category among its peers.

Yantai Fundamentals

About Yantai Jereh Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Yantai Jereh Oilfield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Yantai Jereh using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Yantai Jereh Oilfield based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Yantai Stock

Yantai Jereh financial ratios help investors to determine whether Yantai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Yantai with respect to the benefits of owning Yantai Jereh security.