Risuntek Historical Income Statement

002981 Stock   26.28  0.19  0.72%   
Historical analysis of Risuntek income statement accounts such as Interest Income of 2.2 M, Interest Expense of 9.4 M or Selling General Administrative of 36.5 M can show how well Risuntek performed in making a profits. Evaluating Risuntek income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Risuntek's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Risuntek 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 Risuntek 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 Risuntek. 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 Risuntek Income Statement Analysis

Risuntek 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 Risuntek shareholders. The income statement also shows Risuntek 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).

Risuntek Income Statement Chart

At present, Risuntek's Tax Provision 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 9.4 M, whereas Net Interest Income is projected to grow to (6.7 M).

Total Revenue

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

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

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 Risuntek whose combined shares represent less than 50% of the total outstanding shares issued by Risuntek have a minority interest in Risuntek.
Most accounts from Risuntek's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Risuntek 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 Risuntek. 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, Risuntek's Tax Provision 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 9.4 M, whereas Net Interest Income is projected to grow to (6.7 M).
 2021 2022 2023 2024 (projected)
Gross Profit106.3M244.4M342.6M197.7M
Total Revenue1.3B1.4B1.4B1.0B

Risuntek income statement Correlations

-0.3-0.510.07-0.160.440.530.840.910.87-0.17-0.3-0.260.930.920.320.730.13
-0.3-0.32-0.76-0.76-0.83-0.87-0.58-0.47-0.01-0.7-0.7-0.72-0.43-0.450.75-0.22-0.91
-0.51-0.320.350.810.390.13-0.09-0.26-0.630.840.860.85-0.31-0.28-0.69-0.680.55
0.07-0.760.350.710.750.750.40.33-0.260.690.660.690.290.31-0.780.120.81
-0.16-0.760.810.710.790.650.330.15-0.380.990.990.990.10.13-0.84-0.270.85
0.44-0.830.390.750.790.940.830.720.190.780.690.720.680.71-0.530.260.79
0.53-0.870.130.750.650.940.840.770.290.620.540.580.740.75-0.450.440.72
0.84-0.58-0.090.40.330.830.840.980.70.330.190.230.970.97-0.010.610.43
0.91-0.47-0.260.330.150.720.770.980.780.160.010.051.01.00.130.710.3
0.87-0.01-0.63-0.26-0.380.190.290.70.78-0.4-0.49-0.470.810.790.630.81-0.25
-0.17-0.70.840.690.990.780.620.330.16-0.40.980.980.10.14-0.81-0.320.83
-0.3-0.70.860.660.990.690.540.190.01-0.490.981.0-0.05-0.01-0.86-0.380.81
-0.26-0.720.850.690.990.720.580.230.05-0.470.981.00.00.03-0.87-0.340.83
0.93-0.43-0.310.290.10.680.740.971.00.810.1-0.050.01.00.180.730.26
0.92-0.45-0.280.310.130.710.750.971.00.790.14-0.010.031.00.150.710.28
0.320.75-0.69-0.78-0.84-0.53-0.45-0.010.130.63-0.81-0.86-0.870.180.150.33-0.88
0.73-0.22-0.680.12-0.270.260.440.610.710.81-0.32-0.38-0.340.730.710.33-0.08
0.13-0.910.550.810.850.790.720.430.3-0.250.830.810.830.260.28-0.88-0.08
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Risuntek Account Relationship Matchups

Risuntek income statement Accounts

201920202021202220232024 (projected)
Tax Provision11.5M4.0M(13.9M)5.0M12.6M13.2M
Net Interest Income720.9K2.4M348.3K(9.3M)(7.1M)(6.7M)
Interest Income979.2K4.1M5.1M2.5M2.4M2.2M
Interest Expense79.0K1.5M4.5M11.2M8.9M9.4M
Selling General Administrative21.0M25.7M34.5M42.8M63.7M36.5M
Total Revenue827.7M904.7M1.3B1.4B1.4B1.0B
Gross Profit182.4M150.7M106.3M244.4M342.6M197.7M
Other Operating Expenses5.1M4.0M4.0M6.5M7.4M5.4M
Operating Income100.3M62.7M(21.6M)87.2M140.3M81.8M
Net Income From Continuing Ops83.1M45.5M(41.6M)61.8M119.0M63.5M
Ebit91.0M56.9M(56.4M)56.1M50.5M42.4M
Research Development34.5M38.7M56.9M52.6M62.9M43.0M
Cost Of Revenue645.3M754.0M1.2B1.1B1.1B843.5M
Total Operating Expenses727.4M842.0M1.3B1.3B1.3B959.3M
Income Before Tax94.7M49.4M(55.5M)66.8M131.6M70.0M
Net Income Applicable To Common Shares83.1M45.5M(41.6M)58.1M52.3M38.8M
Net Income83.1M45.5M(41.6M)58.1M116.8M62.7M
Income Tax Expense10.7M11.5M4.0M(13.9M)(12.5M)(11.9M)
Ebitda108.4M69.6M(16.9M)136.1M122.5M66.8M
Reconciled Depreciation13.7M18.7M34.0M58.1M69.6M73.0M

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Other Information on Investing in Risuntek Stock

Risuntek 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 Risuntek shareholders. The income statement also shows Risuntek 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).