Huagong Historical Income Statement

000988 Stock

42.98 0.17 0.39%

Historical analysis of Huagong Tech income statement accounts such as Interest Expense of 97.8 M, Selling General Administrative of 59.6 M or Selling And Marketing Expenses of 580.2 M can show how well Huagong Tech Co performed in making a profits. Evaluating Huagong Tech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Huagong Tech's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Huagong Tech 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 Huagong Tech is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huagong Tech Co. 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 Huagong Income Statement Analysis

Huagong Tech 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 Huagong Tech shareholders. The income statement also shows Huagong 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).

Huagong Tech Income Statement Chart

At present, Huagong Tech's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 97.8 M, whereas Selling General Administrative is forecasted to decline to about 59.6 M.

Interest Expense Total Revenue Gross Profit Ebitda Income Before Tax Net Income

Interest Expense

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

Total Revenue

Total revenue comprises all receipts Huagong Tech 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 Huagong Tech Co minus its cost of goods sold. It is profit before Huagong Tech 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Huagong Tech income statement and is an important metric when analyzing Huagong Tech profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Huagong Tech financial statement analysis. It represents the amount of money remaining after all of Huagong Tech Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from Huagong Tech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huagong Tech 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 Huagong Tech Co. 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.

	2021	2022	2023	2024 (projected)
Gross Profit	1.7B	2.3B	2.2B	2.3B
Total Revenue	10.2B	12.0B	10.2B	10.7B

Gross Profit Total Revenue

Huagong Tech income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Research Development	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.56	0.89	0.89	0.91	0.9	0.91	0.93	0.9	0.91	0.91	0.88	0.89	0.19	0.85	0.88	0.07	0.8	0.86	0.87	0.81	0.74	0.68
Interest Expense	0.56		0.61	0.61	0.73	0.76	0.73	0.49	0.34	0.35	0.72	0.79	0.73	0.76	0.77	0.68	-0.23	0.82	0.62	0.57	0.69	0.81	0.71
Selling General Administrative	0.89	0.61		0.85	0.91	0.87	0.91	0.9	0.91	0.91	0.91	0.86	0.86	0.23	0.82	0.84	-0.02	0.76	0.88	0.82	0.76	0.72	0.76
Selling And Marketing Expenses	0.89	0.61	0.85		0.94	0.96	0.93	0.91	0.8	0.8	0.92	0.95	0.92	0.31	0.89	0.95	0.21	0.88	0.86	0.92	0.84	0.79	0.59
Total Revenue	0.91	0.73	0.91	0.94		0.98	1.0	0.93	0.81	0.81	1.0	0.98	0.98	0.44	0.97	0.91	-0.07	0.94	0.93	0.9	0.93	0.9	0.82
Gross Profit	0.9	0.76	0.87	0.96	0.98		0.98	0.91	0.77	0.77	0.97	0.99	0.98	0.47	0.97	0.96	0.04	0.96	0.91	0.92	0.92	0.9	0.74
Other Operating Expenses	0.91	0.73	0.91	0.93	1.0	0.98		0.93	0.8	0.8	1.0	0.98	0.98	0.44	0.97	0.91	-0.08	0.94	0.93	0.89	0.93	0.91	0.83
Operating Income	0.93	0.49	0.9	0.91	0.93	0.91	0.93		0.92	0.92	0.93	0.87	0.93	0.16	0.88	0.9	0.02	0.8	0.9	0.91	0.84	0.76	0.7
Ebit	0.9	0.34	0.91	0.8	0.81	0.77	0.8	0.92		1.0	0.81	0.73	0.78	-0.09	0.71	0.79	0.15	0.6	0.82	0.8	0.64	0.54	0.59
Ebitda	0.91	0.35	0.91	0.8	0.81	0.77	0.8	0.92	1.0		0.81	0.73	0.77	-0.08	0.7	0.79	0.15	0.61	0.82	0.8	0.64	0.55	0.6
Cost Of Revenue	0.91	0.72	0.91	0.92	1.0	0.97	1.0	0.93	0.81	0.81		0.97	0.97	0.42	0.96	0.9	-0.1	0.93	0.93	0.89	0.92	0.9	0.84
Total Operating Expenses	0.88	0.79	0.86	0.95	0.98	0.99	0.98	0.87	0.73	0.73	0.97		0.97	0.54	0.97	0.94	0.0	0.97	0.9	0.9	0.93	0.92	0.76
Income Before Tax	0.89	0.73	0.86	0.92	0.98	0.98	0.98	0.93	0.78	0.77	0.97	0.97		0.51	0.99	0.94	-0.09	0.95	0.94	0.92	0.96	0.93	0.81
Total Other Income Expense Net	0.19	0.76	0.23	0.31	0.44	0.47	0.44	0.16	-0.09	-0.08	0.42	0.54	0.51		0.6	0.4	-0.43	0.67	0.42	0.34	0.63	0.73	0.55
Net Income	0.85	0.77	0.82	0.89	0.97	0.97	0.97	0.88	0.71	0.7	0.96	0.97	0.99	0.6		0.92	-0.14	0.98	0.93	0.89	0.97	0.96	0.83
Income Tax Expense	0.88	0.68	0.84	0.95	0.91	0.96	0.91	0.9	0.79	0.79	0.9	0.94	0.94	0.4	0.92		0.14	0.88	0.85	0.93	0.86	0.82	0.6
Minority Interest	0.07	-0.23	-0.02	0.21	-0.07	0.04	-0.08	0.02	0.15	0.15	-0.1	0.0	-0.09	-0.43	-0.14	0.14		-0.14	-0.12	0.05	-0.26	-0.32	-0.52
Research Development	0.8	0.82	0.76	0.88	0.94	0.96	0.94	0.8	0.6	0.61	0.93	0.97	0.95	0.67	0.98	0.88	-0.14		0.9	0.88	0.96	0.98	0.81
Net Income From Continuing Ops	0.86	0.62	0.88	0.86	0.93	0.91	0.93	0.9	0.82	0.82	0.93	0.9	0.94	0.42	0.93	0.85	-0.12	0.9		0.92	0.92	0.88	0.84
Tax Provision	0.87	0.57	0.82	0.92	0.9	0.92	0.89	0.91	0.8	0.8	0.89	0.9	0.92	0.34	0.89	0.93	0.05	0.88	0.92		0.88	0.84	0.65
Net Interest Income	0.81	0.69	0.76	0.84	0.93	0.92	0.93	0.84	0.64	0.64	0.92	0.93	0.96	0.63	0.97	0.86	-0.26	0.96	0.92	0.88		0.97	0.83
Interest Income	0.74	0.81	0.72	0.79	0.9	0.9	0.91	0.76	0.54	0.55	0.9	0.92	0.93	0.73	0.96	0.82	-0.32	0.98	0.88	0.84	0.97		0.86
Reconciled Depreciation	0.68	0.71	0.76	0.59	0.82	0.74	0.83	0.7	0.59	0.6	0.84	0.76	0.81	0.55	0.83	0.6	-0.52	0.81	0.84	0.65	0.83	0.86

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Huagong Tech Account Relationship Matchups

Huagong Tech income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	198.5M	310.4M	301.7M	390.7M	250.3M	262.8M
Interest Expense	23.9M	25.5M	35.0M	74.3M	93.1M	97.8M
Selling General Administrative	58.0M	57.4M	87.9M	107.5M	84.3M	59.6M
Selling And Marketing Expenses	476.7M	457.4M	525.8M	607.7M	552.6M	580.2M
Total Revenue	5.5B	6.1B	10.2B	12.0B	10.2B	10.7B
Gross Profit	1.4B	1.5B	1.7B	2.3B	2.2B	2.3B
Other Operating Expenses	5.0B	5.6B	9.7B	11.2B	9.6B	10.0B
Operating Income	585.3M	631.4M	822.3M	1.0B	590.5M	620.0M
Ebit	585.3M	631.4M	822.3M	1.0B	590.5M	306.8M
Ebitda	783.8M	941.8M	1.1B	1.4B	840.8M	420.7M
Cost Of Revenue	4.1B	4.7B	8.4B	9.7B	8.0B	8.4B
Total Operating Expenses	933.4M	969.5M	1.3B	1.5B	1.6B	1.7B
Income Before Tax	586.2M	632.4M	824.6M	1.0B	969.8M	1.0B
Total Other Income Expense Net	859.6K	986.6K	2.2M	2.8M	379.3M	398.3M
Net Income	502.8M	550.5M	761.0M	905.9M	1.0B	1.1B
Income Tax Expense	90.7M	92.0M	76.5M	118.6M	106.0M	111.3M
Net Income Applicable To Common Shares	502.8M	550.5M	761.0M	906.1M	1.0B	1.1B
Minority Interest	110.2M	52.3M	12.9M	15.5M	8.3M	7.9M
Research Development	289.0M	330.6M	406.6M	565.7M	694.2M	728.9M
Net Income From Continuing Ops	495.5M	540.4M	748.1M	890.6M	998.6M	568.7M
Tax Provision	90.7M	92.0M	76.5M	118.6M	106.0M	90.5M
Net Interest Income	13.8M	47.9M	62.1M	73.2M	98.8M	103.7M
Interest Income	39.7M	75.2M	99.2M	150.8M	194.5M	204.3M
Reconciled Depreciation	161.4M	175.3M	222.4M	231.1M	230.7M	212.1M

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Huagong Historical Income Statement

About Huagong Income Statement Analysis

Huagong Tech Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Income Before Tax

Net Income

Huagong Tech income statement Correlations

Huagong Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huagong Tech income statement Accounts

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Other Information on Investing in Huagong Stock

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebitda	+ 1.0	Ebit
Total Operating Expenses	+ 0.99	Gross Profit
Net Income	+ 0.99	Income Before Tax

Reconciled Depreciation	- 0.52	Minority Interest
Minority Interest	- 0.43	Total Other Income Expense Net
Interest Income	- 0.32	Minority Interest
Net Interest Income	- 0.26	Minority Interest
Minority Interest	- 0.23	Interest Expense
Research Development	- 0.14	Minority Interest