CITIC Historical Income Statement

600030 Stock   31.66  0.32  1.02%   
Historical analysis of CITIC Securities income statement accounts such as Total Revenue of 32.2 B, Operating Income of 12.3 B or Income Before Tax of 14.4 B can show how well CITIC Securities Co performed in making a profits. Evaluating CITIC Securities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CITIC Securities's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CITIC Securities 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 CITIC Securities 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 CITIC Securities 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 CITIC Income Statement Analysis

CITIC Securities 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 CITIC Securities shareholders. The income statement also shows CITIC 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).

CITIC Securities Income Statement Chart

At present, CITIC Securities' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 25.5 B, whereas Total Revenue is forecasted to decline to about 32.2 B.

Operating Income

Operating Income is the amount of profit realized from CITIC Securities 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 CITIC Securities 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on CITIC Securities income statement and is an important metric when analyzing CITIC Securities 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 CITIC Securities financial statement analysis. It represents the amount of money remaining after all of CITIC Securities Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from CITIC Securities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CITIC Securities 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 CITIC Securities 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.
At present, CITIC Securities' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 25.5 B, whereas Total Revenue is forecasted to decline to about 32.2 B.
 2023 2024 (projected)
Operating Income19.7B12.3B
Total Revenue59.4B32.2B

CITIC Securities income statement Correlations

0.730.970.960.80.060.71-0.680.360.10.59-0.360.510.730.660.70.19
0.730.790.790.610.230.17-0.180.10.050.27-0.040.060.220.150.170.16
0.970.791.00.83-0.060.59-0.560.40.250.61-0.290.380.720.680.650.19
0.960.791.00.82-0.090.56-0.540.410.270.61-0.290.360.710.680.640.2
0.80.610.830.82-0.250.42-0.640.760.240.59-0.650.430.770.710.730.39
0.060.23-0.06-0.09-0.250.22-0.16-0.54-0.84-0.290.060.28-0.43-0.59-0.20.02
0.710.170.590.560.420.22-0.80.18-0.230.39-0.370.690.680.60.660.1
-0.68-0.18-0.56-0.54-0.64-0.16-0.8-0.530.3-0.570.79-0.87-0.67-0.55-0.87-0.46
0.360.10.40.410.76-0.540.18-0.530.280.5-0.720.380.610.70.680.62
0.10.050.250.270.24-0.84-0.230.30.280.430.25-0.450.430.510.14-0.08
0.590.270.610.610.59-0.290.39-0.570.50.43-0.310.280.750.590.760.56
-0.36-0.04-0.29-0.29-0.650.06-0.370.79-0.720.25-0.31-0.66-0.45-0.41-0.66-0.45
0.510.060.380.360.430.280.69-0.870.38-0.450.28-0.660.410.390.780.29
0.730.220.720.710.77-0.430.68-0.670.610.430.75-0.450.410.90.810.2
0.660.150.680.680.71-0.590.6-0.550.70.510.59-0.410.390.90.770.18
0.70.170.650.640.73-0.20.66-0.870.680.140.76-0.660.780.810.770.47
0.190.160.190.20.390.020.1-0.460.62-0.080.56-0.450.290.20.180.47
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CITIC Securities Account Relationship Matchups

CITIC Securities income statement Accounts

201920202021202220232024 (projected)
Interest Expense11.2B12.9B15.2B15.2B17.6B18.5B
Total Revenue42.3B53.8B75.6B64.4B59.4B32.2B
Income Before Tax17.0B20.5B31.9B29.0B26.2B14.4B
Net Income Applicable To Common Shares12.6B14.9B22.9B21.1B24.3B25.5B
Net Income12.2B14.9B23.1B21.3B19.7B10.5B
Income Tax Expense4.3B5.0B7.9B7.6B8.8B9.2B
Minority Interest3.8B4.2B(905.5M)(851.4M)(818.8M)(777.9M)
Selling General Administrative17.6B20.1B28.1B28.7B7.1B6.7B
Other Operating Expenses6.0B6.5B12.5B36.9B42.5B44.6B
Net Income From Continuing Ops12.6B15.5B24.0B22.2B20.5B18.1B
Tax Provision4.3B5.0B7.9B6.8B5.6B5.5B
Net Interest Income2.0B2.6B5.3B5.8B4.0B3.7B
Interest Income13.3B15.5B20.6B21.0B21.6B15.2B
Reconciled Depreciation1.4B1.5B271.0M1.6B1.8B1.3B

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Other Information on Investing in CITIC Stock

CITIC Securities 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 CITIC Securities shareholders. The income statement also shows CITIC 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).