Mingchen Historical Income Statement

002919 Stock

17.30 0.23 1.35%

Historical analysis of Mingchen Health income statement accounts such as Interest Expense of 3.9 M, Selling General Administrative of 18.6 M or Selling And Marketing Expenses of 697.9 M can show how well Mingchen Health Co performed in making a profits. Evaluating Mingchen Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mingchen Health'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 Mingchen Health 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 Mingchen Health 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 Mingchen Health 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 board of governors.

About Mingchen Income Statement Analysis

Mingchen Health 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 Mingchen Health shareholders. The income statement also shows Mingchen 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).

Mingchen Health Income Statement Chart

At present, Mingchen Health'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 3.9 M, whereas Selling General Administrative is forecasted to decline to about 18.6 M.

Depreciation And Amortization Gross Profit Operating Income Total Operating Expenses

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Mingchen Health Co minus its cost of goods sold. It is profit before Mingchen Health 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.

Operating Income

Operating Income is the amount of profit realized from Mingchen Health 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 Mingchen Health Co 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Mingchen Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mingchen Health 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 Mingchen Health 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 board of governors.

	2021	2022	2023	2024 (projected)
Interest Expense	1.7M	1.9M	3.7M	3.9M
Depreciation And Amortization	43.5M	50.3M	175.3M	184.1M

Interest Expense Depreciation And Amortization

Mingchen Health 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	Research Development	Tax Provision	Net Interest Income	Interest Income	Net Income From Continuing Ops	Reconciled Depreciation
Depreciation And Amortization		0.78	-0.04	0.97	0.98	0.99	0.98	0.24	0.45	0.94	0.73	0.98	0.22	-0.97	0.33	-0.87	0.83	-0.88	-0.72	0.27	0.28	0.99
Interest Expense	0.78		0.39	0.76	0.71	0.76	0.7	0.1	0.29	0.71	0.37	0.76	0.1	-0.79	0.2	-0.76	0.65	-0.63	-0.61	0.19	0.33	0.78
Selling General Administrative	-0.04	0.39		0.01	-0.18	-0.07	-0.15	-0.39	-0.37	-0.18	-0.46	-0.02	-0.4	-0.03	-0.34	-0.15	-0.05	0.09	0.04	-0.05	-0.06	-0.02
Selling And Marketing Expenses	0.97	0.76	0.01		0.96	0.97	0.97	0.01	0.24	0.84	0.7	0.99	-0.01	-0.96	0.11	-0.84	0.77	-0.83	-0.62	0.26	0.05	0.99
Total Revenue	0.98	0.71	-0.18	0.96		0.99	1.0	0.27	0.47	0.94	0.81	0.98	0.25	-0.93	0.36	-0.86	0.86	-0.89	-0.65	0.34	0.25	0.98
Gross Profit	0.99	0.76	-0.07	0.97	0.99		0.99	0.23	0.44	0.93	0.76	0.99	0.21	-0.95	0.33	-0.89	0.86	-0.9	-0.66	0.34	0.25	0.99
Other Operating Expenses	0.98	0.7	-0.15	0.97	1.0	0.99		0.19	0.4	0.9	0.8	0.99	0.17	-0.93	0.28	-0.86	0.85	-0.9	-0.61	0.36	0.18	0.98
Operating Income	0.24	0.1	-0.39	0.01	0.27	0.23	0.19		0.94	0.54	0.36	0.11	1.0	-0.11	0.99	-0.2	0.41	-0.32	-0.39	0.16	0.92	0.14
Ebit	0.45	0.29	-0.37	0.24	0.47	0.44	0.4	0.94		0.71	0.58	0.33	0.94	-0.36	0.96	-0.37	0.53	-0.48	-0.57	0.11	0.89	0.37
Ebitda	0.94	0.71	-0.18	0.84	0.94	0.93	0.9	0.54	0.71		0.74	0.88	0.53	-0.88	0.61	-0.8	0.83	-0.85	-0.78	0.24	0.55	0.91
Cost Of Revenue	0.73	0.37	-0.46	0.7	0.81	0.76	0.8	0.36	0.58	0.74		0.74	0.34	-0.66	0.45	-0.62	0.71	-0.75	-0.42	0.34	0.23	0.71
Total Operating Expenses	0.98	0.76	-0.02	0.99	0.98	0.99	0.99	0.11	0.33	0.88	0.74		0.09	-0.94	0.22	-0.9	0.85	-0.9	-0.59	0.37	0.14	0.99
Income Before Tax	0.22	0.1	-0.4	-0.01	0.25	0.21	0.17	1.0	0.94	0.53	0.34	0.09		-0.09	0.98	-0.18	0.39	-0.3	-0.39	0.14	0.92	0.13
Total Other Income Expense Net	-0.97	-0.79	-0.03	-0.96	-0.93	-0.95	-0.93	-0.11	-0.36	-0.88	-0.66	-0.94	-0.09		-0.19	0.78	-0.69	0.75	0.79	-0.06	-0.18	-0.98
Net Income	0.33	0.2	-0.34	0.11	0.36	0.33	0.28	0.99	0.96	0.61	0.45	0.22	0.98	-0.19		-0.34	0.53	-0.45	-0.39	0.26	0.94	0.24
Income Tax Expense	-0.87	-0.76	-0.15	-0.84	-0.86	-0.89	-0.86	-0.2	-0.37	-0.8	-0.62	-0.9	-0.18	0.78	-0.34		-0.95	0.96	0.38	-0.62	-0.31	-0.85
Research Development	0.83	0.65	-0.05	0.77	0.86	0.86	0.85	0.41	0.53	0.83	0.71	0.85	0.39	-0.69	0.53	-0.95		-0.98	-0.33	0.72	0.44	0.79
Tax Provision	-0.88	-0.63	0.09	-0.83	-0.89	-0.9	-0.9	-0.32	-0.48	-0.85	-0.75	-0.9	-0.3	0.75	-0.45	0.96	-0.98		0.37	-0.66	-0.33	-0.85
Net Interest Income	-0.72	-0.61	0.04	-0.62	-0.65	-0.66	-0.61	-0.39	-0.57	-0.78	-0.42	-0.59	-0.39	0.79	-0.39	0.38	-0.33	0.37		0.4	-0.45	-0.71
Interest Income	0.27	0.19	-0.05	0.26	0.34	0.34	0.36	0.16	0.11	0.24	0.34	0.37	0.14	-0.06	0.26	-0.62	0.72	-0.66	0.4		0.14	0.23
Net Income From Continuing Ops	0.28	0.33	-0.06	0.05	0.25	0.25	0.18	0.92	0.89	0.55	0.23	0.14	0.92	-0.18	0.94	-0.31	0.44	-0.33	-0.45	0.14		0.18
Reconciled Depreciation	0.99	0.78	-0.02	0.99	0.98	0.99	0.98	0.14	0.37	0.91	0.71	0.99	0.13	-0.98	0.24	-0.85	0.79	-0.85	-0.71	0.23	0.18

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Mingchen Health Account Relationship Matchups

Mingchen Health income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	16.4M	29.7M	43.5M	50.3M	175.3M	184.1M
Interest Expense	46.1K	2.2M	1.7M	1.9M	3.7M	3.9M
Selling General Administrative	11.9M	14.4M	19.3M	25.5M	24.7M	18.6M
Selling And Marketing Expenses	110.9M	74.7M	83.3M	321.0M	664.7M	697.9M
Total Revenue	517.5M	680.6M	744.1M	945.4M	1.6B	1.7B
Gross Profit	199.3M	288.9M	374.9M	496.3M	986.9M	1.0B
Other Operating Expenses	492.7M	567.6M	622.9M	956.8M	1.5B	1.6B
Operating Income	27.0M	105.2M	126.7M	16.8M	57.9M	58.2M
Ebit	27.0M	105.2M	126.7M	16.8M	103.3M	64.5M
Ebitda	43.3M	134.8M	170.2M	67.1M	278.7M	292.6M
Cost Of Revenue	318.1M	391.7M	369.2M	449.1M	650.7M	425.0M
Total Operating Expenses	174.6M	175.9M	253.7M	507.7M	884.9M	929.2M
Income Before Tax	26.2M	104.8M	127.5M	15.2M	56.6M	58.7M
Total Other Income Expense Net	(760.6K)	(389.4K)	760.4K	(1.6M)	(44.8M)	(42.6M)
Net Income	23.1M	102.2M	133.5M	25.4M	70.4M	57.6M
Income Tax Expense	3.1M	2.5M	(6.0M)	(10.1M)	(13.7M)	(13.0M)
Research Development	15.5M	46.3M	98.5M	110.3M	111.3M	116.8M
Tax Provision	3.1M	2.5M	(6.0M)	(10.1M)	(13.7M)	(13.0M)
Net Interest Income	1.0M	(436.6K)	328.8K	3.8M	(2.9M)	(2.7M)
Interest Income	1.1M	1.8M	3.2M	6.0M	1.1M	2.1M
Net Income From Continuing Ops	23.1M	102.2M	133.5M	25.3M	70.4M	66.0M
Net Income Applicable To Common Shares	23.1M	102.2M	133.5M	25.3M	29.1M	27.7M
Reconciled Depreciation	9.5M	12.4M	24.1M	50.3M	175.3M	184.1M

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Mingchen Historical Income Statement

About Mingchen Income Statement Analysis

Mingchen Health Income Statement Chart

Depreciation And Amortization

Gross Profit

Operating Income

Total Operating Expenses

Mingchen Health income statement Correlations

Mingchen Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mingchen Health income statement Accounts

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Other Information on Investing in Mingchen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Income Before Tax	+ 1.0	Operating Income
Gross Profit	+ 0.99	Depreciation And Amortization
Reconciled Depreciation	+ 0.99	Depreciation And Amortization
Total Operating Expenses	+ 0.99	Selling And Marketing Expenses
Reconciled Depreciation	+ 0.99	Selling And Marketing Expenses

Tax Provision	- 0.98	Research Development
Reconciled Depreciation	- 0.98	Total Other Income Expense Net
Total Other Income Expense Net	- 0.97	Depreciation And Amortization
Total Other Income Expense Net	- 0.96	Selling And Marketing Expenses
Research Development	- 0.95	Income Tax Expense
Total Other Income Expense Net	- 0.95	Gross Profit