Qiming Historical Income Statement

002232 Stock   19.82  1.50  7.04%   
Historical analysis of Qiming Information income statement accounts such as Interest Expense of 323 K, Selling General Administrative of 23.3 M or Selling And Marketing Expenses of 15.2 M can show how well Qiming Information Technology performed in making a profits. Evaluating Qiming Information income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qiming Information's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qiming Information 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 Qiming Information 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 Qiming Information Technology. 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 Qiming Income Statement Analysis

Qiming Information 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 Qiming Information shareholders. The income statement also shows Qiming 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).

Qiming Information Income Statement Chart

At present, Qiming Information's Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 23.3 M, whereas Interest Expense is forecasted to decline to about 323 K.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Qiming Information. It is also known as Qiming Information 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.

Operating Income

Operating Income is the amount of profit realized from Qiming Information 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 Qiming Information Technology 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.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Qiming Information Technology whose combined shares represent less than 50% of the total outstanding shares issued by Qiming Information have a minority interest in Qiming Information.
Most accounts from Qiming Information's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qiming Information 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 Qiming Information Technology. 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, Qiming Information's Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 23.3 M, whereas Interest Expense is forecasted to decline to about 323 K.
 2021 2022 2023 2024 (projected)
Gross Profit234.6M275.7M145.5M233.1M
Total Revenue1.1B1.5B1.2B1.4B

Qiming Information income statement Correlations

-0.01-0.430.170.50.710.5-0.050.280.620.380.84-0.01-0.330.01-0.060.410.240.07-0.06-0.32-0.310.43
-0.010.41-0.040.43-0.040.460.080.170.140.53-0.070.120.20.140.06-0.480.31-0.03-0.01-0.22-0.260.29
-0.430.41-0.6-0.45-0.63-0.4-0.37-0.47-0.55-0.34-0.46-0.330.49-0.31-0.33-0.55-0.3-0.57-0.45-0.37-0.350.18
0.17-0.04-0.60.450.490.380.550.430.40.390.180.610.020.550.730.020.480.750.830.350.26-0.19
0.50.43-0.450.450.730.990.40.510.590.980.580.43-0.250.40.350.190.40.50.440.260.21-0.01
0.71-0.04-0.630.490.730.660.570.670.80.570.750.52-0.560.50.440.540.280.650.480.290.250.11
0.50.46-0.40.380.990.660.260.40.50.980.610.3-0.190.270.230.190.380.370.330.20.16-0.02
-0.050.08-0.370.550.40.570.260.830.640.31-0.050.9-0.380.920.81-0.020.20.880.750.520.46-0.03
0.280.17-0.470.430.510.670.40.830.920.410.150.81-0.430.870.580.010.40.830.510.230.180.29
0.620.14-0.550.40.590.80.50.640.920.460.450.62-0.50.70.420.170.420.680.350.030.00.45
0.380.53-0.340.390.980.570.980.310.410.460.460.36-0.120.320.280.060.40.390.390.220.17-0.05
0.84-0.07-0.460.180.580.750.61-0.050.150.450.46-0.12-0.43-0.1-0.120.70.120.1-0.060.040.040.12
-0.010.12-0.330.610.430.520.30.90.810.620.36-0.12-0.040.960.82-0.20.220.90.830.480.4-0.11
-0.330.20.490.02-0.25-0.56-0.19-0.38-0.43-0.5-0.12-0.43-0.04-0.11-0.06-0.6-0.19-0.260.01-0.09-0.1-0.33
0.010.14-0.310.550.40.50.270.920.870.70.32-0.10.96-0.110.74-0.20.160.870.720.410.340.02
-0.060.06-0.330.730.350.440.230.810.580.420.28-0.120.82-0.060.74-0.180.360.790.860.460.39-0.23
0.41-0.48-0.550.020.190.540.19-0.020.010.170.060.7-0.2-0.6-0.2-0.18-0.170.09-0.020.320.36-0.15
0.240.31-0.30.480.40.280.380.20.40.420.40.120.22-0.190.160.36-0.170.360.24-0.19-0.270.33
0.07-0.03-0.570.750.50.650.370.880.830.680.390.10.9-0.260.870.790.090.360.840.550.48-0.11
-0.06-0.01-0.450.830.440.480.330.750.510.350.39-0.060.830.010.720.86-0.020.240.840.520.44-0.32
-0.32-0.22-0.370.350.260.290.20.520.230.030.220.040.48-0.090.410.460.32-0.190.550.520.99-0.78
-0.31-0.26-0.350.260.210.250.160.460.180.00.170.040.4-0.10.340.390.36-0.270.480.440.99-0.79
0.430.290.18-0.19-0.010.11-0.02-0.030.290.45-0.050.12-0.11-0.330.02-0.23-0.150.33-0.11-0.32-0.78-0.79
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Qiming Information Account Relationship Matchups

Qiming Information income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization64.4M85.1M64.1M42.6M33.9M56.7M
Selling General Administrative11.1M8.9M19.4M13.5M14.3M23.3M
Selling And Marketing Expenses35.1M25.4M21.8M12.3M22.3M15.2M
Total Revenue1.5B1.6B1.1B1.5B1.2B1.4B
Gross Profit262.0M377.0M234.6M275.7M145.5M233.1M
Other Operating Expenses1.4B1.4B1.0B1.5B1.2B1.3B
Operating Income108.6M170.8M45.0M106.2M15.1M14.3M
Ebit108.6M170.8M45.0M106.2M15.1M14.3M
Ebitda173.0M255.9M109.1M148.9M49.0M46.5M
Cost Of Revenue1.3B1.2B816.6M1.3B1.1B1.2B
Total Operating Expenses155.6M199.6M194.4M195.2M130.4M166.3M
Income Before Tax108.7M144.7M46.9M79.2M39.0M66.1M
Total Other Income Expense Net80.0K(26.1M)1.9M(27.0M)23.9M25.1M
Net Income Applicable To Common Shares72.2M90.8M126.7M40.4M46.5M59.0M
Net Income90.8M126.7M40.4M73.2M29.3M27.8M
Income Tax Expense14.0M16.3M6.5M6.1M9.7M6.5M
Research Development39.1M83.6M80.1M86.2M55.2M61.7M
Minority Interest88.4M95.3M99.2M(1.8M)(2.0M)(1.9M)
Net Income From Continuing Ops94.7M128.4M40.4M73.2M29.3M27.8M
Tax Provision14.0M16.3M6.5M6.1M9.7M10.5M
Net Interest Income12.3M15.1M16.7M24.4M16.4M16.1M
Interest Income11.0M15.0M16.9M24.7M16.9M15.8M
Reconciled Depreciation56.6M56.9M50.2M42.6M37.7M40.7M

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Other Information on Investing in Qiming Stock

Qiming Information 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 Qiming Information shareholders. The income statement also shows Qiming 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).