ZTE Historical Income Statement

000063 Stock   37.38  0.42  1.11%   
Historical analysis of ZTE Corp income statement accounts such as Selling General Administrative of 9.7 B, Total Revenue of 73 B or Operating Income of 11.5 B can show how well ZTE Corp performed in making a profits. Evaluating ZTE Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ZTE Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ZTE Corp 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 ZTE Corp 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 ZTE Corp. 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 ZTE Income Statement Analysis

ZTE Corp 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 ZTE Corp shareholders. The income statement also shows ZTE 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).

ZTE Corp Income Statement Chart

At present, ZTE Corp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 11.5 B, whereas Selling General Administrative is forecasted to decline to about 9.7 B.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from ZTE Corp 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 ZTE Corp 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 ZTE Corp income statement and represents the costs associated with goods and services ZTE Corp 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 ZTE Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ZTE Corp 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 ZTE Corp. 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, ZTE Corp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 11.5 B, whereas Selling General Administrative is forecasted to decline to about 9.7 B.
 2021 2022 2023 2024 (projected)
Operating Income8.5B10.6B11.0B11.5B
Total Revenue114.5B123.0B124.3B73.0B

ZTE Corp income statement Correlations

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0.780.530.980.410.560.240.650.340.51-0.290.20.470.27-0.340.280.370.280.30.48
0.050.530.40.690.51-0.130.880.680.81-0.60.550.90.35-0.620.460.810.790.340.84
0.860.980.40.320.50.310.550.240.35-0.180.110.350.21-0.260.220.240.150.220.34
0.120.410.690.320.76-0.350.710.990.76-0.230.960.860.660.090.80.690.680.830.76
0.340.560.510.50.76-0.070.440.670.540.120.650.60.380.110.920.280.240.740.5
0.260.24-0.130.31-0.35-0.07-0.11-0.44-0.380.08-0.54-0.26-0.5-0.25-0.2-0.4-0.38-0.42-0.37
0.290.650.880.550.710.44-0.110.70.84-0.670.560.90.55-0.50.350.90.880.410.84
0.050.340.680.240.990.67-0.440.70.78-0.270.980.860.70.090.730.740.720.820.78
0.070.510.810.350.760.54-0.380.840.78-0.530.70.890.72-0.290.50.890.850.660.89
0.12-0.29-0.6-0.18-0.230.120.08-0.67-0.27-0.53-0.14-0.53-0.130.710.21-0.64-0.65-0.06-0.7
-0.020.20.550.110.960.65-0.540.560.980.7-0.140.770.710.270.760.640.640.860.69
0.030.470.90.350.860.6-0.260.90.860.89-0.530.770.67-0.320.610.90.860.640.9
0.110.270.350.210.660.38-0.50.550.70.72-0.130.710.670.280.440.730.640.730.54
0.06-0.34-0.62-0.260.090.11-0.25-0.50.09-0.290.710.27-0.320.280.25-0.36-0.340.39-0.44
0.090.280.460.220.80.92-0.20.350.730.50.210.760.610.440.250.280.270.790.46
-0.010.370.810.240.690.28-0.40.90.740.89-0.640.640.90.73-0.360.280.970.460.84
-0.030.280.790.150.680.24-0.380.880.720.85-0.650.640.860.64-0.340.270.970.430.79
0.090.30.340.220.830.74-0.420.410.820.66-0.060.860.640.730.390.790.460.430.6
-0.040.480.840.340.760.5-0.370.840.780.89-0.70.690.90.54-0.440.460.840.790.6
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ZTE Corp Account Relationship Matchups

ZTE Corp income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.7B1.5B1.5B1.9B3.1B3.3B
Selling General Administrative10.2B9.9B11.3B11.6B12.2B9.7B
Total Revenue90.7B101.5B114.5B123.0B124.3B73.0B
Operating Income8.5B5.6B8.5B10.6B11.0B11.5B
Cost Of Revenue57.0B69.4B74.2B77.2B72.7B48.6B
Income Before Tax7.2B5.1B8.5B8.8B10.2B10.7B
Income Tax Expense1.4B342.5M1.5B960.0M1.1B553.9M
Minority Interest2.9B2.8B(222.9M)288.7M84.9M80.7M
Research Development12.5B14.8B18.8B21.6B25.3B26.6B
Net Income Applicable To Common Shares5.1B4.3B6.8B8.1B9.3B9.8B
Net Income5.1B4.3B6.8B8.1B9.3B9.8B
Gross Profit33.7B32.1B40.4B45.7B51.6B40.0B
Other Operating Expenses930.5M274.1M1.2B414.4M373.0M354.3M
Net Income From Continuing Ops5.8B4.7B7.0B7.8B9.2B9.7B
Ebit4.3B4.6B7.4B8.2B9.4B9.9B
Total Operating Expenses81.4B95.9B106.0B112.4B113.3B108.4B
Tax Provision1.4B342.5M1.5B960.0M962.3M919.1M
Net Interest Income(982.7M)(438.0M)(114.7M)317.7M717.1M752.9M
Interest Income931.9M1.2B1.5B2.4B4.1B4.3B
Ebitda12.5B10.5B14.6B15.1B17.3B10.9B
Reconciled Depreciation3.6B4.0B4.6B4.4B4.9B4.2B

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Other Information on Investing in ZTE Stock

ZTE Corp 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 ZTE Corp shareholders. The income statement also shows ZTE 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).