Qifeng Historical Income Statement
002521 Stock | 11.09 0.18 1.60% |
Historical analysis of Qifeng New income statement accounts such as Interest Expense of 19.1 M, Selling General Administrative of 45.5 M or Selling And Marketing Expenses of 18.8 M can show how well Qifeng New Material performed in making a profits. Evaluating Qifeng New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qifeng New's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Qifeng New Material 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 Qifeng New Material is a good buy for the upcoming year.
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About Qifeng Income Statement Analysis
Qifeng New Material 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 Qifeng New shareholders. The income statement also shows Qifeng 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).
Qifeng New Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Qifeng New Material 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.Cost Of Revenue
Cost of Revenue is found on Qifeng New Material income statement and represents the costs associated with goods and services Qifeng New 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 Qifeng New's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qifeng New Material 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 Qifeng New Material. 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, Qifeng New's Interest Expense 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 45.5 M, whereas Depreciation And Amortization is forecasted to decline to about 101.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 19.6M | 20.4M | 18.6M | 19.1M | Depreciation And Amortization | 139.7M | 146.2M | 163.4M | 101.2M |
Qifeng New income statement Correlations
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Qifeng New income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 177.7M | 166.2M | 139.7M | 146.2M | 163.4M | 101.2M | |
Interest Expense | 21.0M | 15.3M | 19.6M | 20.4M | 18.6M | 19.1M | |
Selling General Administrative | 15.1M | 13.9M | 30.7M | 47.8M | 43.3M | 45.5M | |
Selling And Marketing Expenses | 81.1M | 19.5M | 19.7M | 16.6M | 19.8M | 18.8M | |
Total Revenue | 3.2B | 2.8B | 3.7B | 3.1B | 3.7B | 2.7B | |
Gross Profit | 457.1M | 404.6M | 402.5M | 244.9M | 511.7M | 416.6M | |
Other Operating Expenses | 3.1B | 2.6B | 3.5B | 3.1B | 3.4B | 2.5B | |
Operating Income | 149.8M | 188.8M | 190.7M | 29.4M | 296.2M | 181.0M | |
Ebit | 149.8M | 188.8M | 190.7M | 29.4M | 292.6M | 207.3M | |
Research Development | 106.2M | 90.5M | 127.0M | 104.1M | 122.7M | 85.6M | |
Ebitda | 327.5M | 355.0M | 330.4M | 175.6M | 456.0M | 308.6M | |
Cost Of Revenue | 2.8B | 2.4B | 3.3B | 2.9B | 3.1B | 2.2B | |
Total Operating Expenses | 281.4M | 216.7M | 233.1M | 221.1M | 221.6M | 221.3M | |
Income Before Tax | 145.7M | 186.3M | 183.1M | 390.8K | 288.4M | 176.5M | |
Total Other Income Expense Net | (4.1M) | (2.5M) | (7.6M) | (29.0M) | (7.8M) | (8.2M) | |
Net Income Applicable To Common Shares | 58.4M | 137.0M | 159.9M | 165.2M | 190.0M | 157.2M | |
Net Income | 132.7M | 159.9M | 165.2M | 8.5M | 236.8M | 154.3M | |
Income Tax Expense | 13.0M | 24.3M | 16.8M | (8.8M) | 50.5M | 53.0M | |
Net Income From Continuing Ops | 132.7M | 162.0M | 166.2M | 9.2M | 237.8M | 119.0M | |
Tax Provision | 13.0M | 24.3M | 16.8M | (8.8M) | 50.5M | 53.0M | |
Net Interest Income | (20.4M) | (11.4M) | (14.0M) | (12.2M) | (12.8M) | (13.5M) | |
Interest Income | 2.4M | 5.7M | 7.6M | 9.6M | 7.0M | 5.7M | |
Reconciled Depreciation | 140.3M | 140.9M | 149.6M | 146.2M | 163.4M | 156.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Qifeng Stock
Qifeng New Material 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 Qifeng New shareholders. The income statement also shows Qifeng 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).