China Historical Income Statement
600340 Stock | 2.88 0.03 1.03% |
Historical analysis of China Fortune income statement accounts such as Total Revenue of 32.6 B, Operating Income of 3 B or Minority Interest of 1.1 B can show how well China Fortune Land performed in making a profits. Evaluating China Fortune income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of China Fortune's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining China Fortune Land 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 China Fortune Land is a good buy for the upcoming year.
China |
About China Income Statement Analysis
China Fortune Land 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 China Fortune shareholders. The income statement also shows China 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).
China Fortune Income Statement Chart
Add Fundamental
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on China Fortune income statement and is an important metric when analyzing China Fortune Land 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of China Fortune Land. It is also known as China Fortune 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.Most accounts from China Fortune's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into China Fortune Land 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 China Fortune Land. 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, China Fortune's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 2.2 B, whereas Total Revenue is forecasted to decline to about 32.6 B.
2021 | 2023 | 2024 (projected) | Other Operating Expenses | 2.5B | 2.9B | 5.4B | Gross Profit | 3.8B | 8.2B | 7.8B |
China Fortune income statement Correlations
Click cells to compare fundamentals
China Fortune Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Fortune income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 3.3B | 7.8B | 18.0B | 13.6B | 9.2B | 9.6B | |
Total Revenue | 105.2B | 101.2B | 43.2B | 31.9B | 35.9B | 32.6B | |
Operating Income | 27.5B | 24.4B | (4.8B) | (194.6M) | 3.2B | 3.0B | |
Income Before Tax | 22.3B | 8.1B | (45.5B) | 3.8B | (9.0B) | (8.6B) | |
Net Income Applicable To Common Shares | 11.7B | 14.6B | 3.7B | (39.0B) | (35.1B) | (33.4B) | |
Net Income | 14.6B | 3.7B | (39.0B) | 1.6B | (6.0B) | (5.7B) | |
Income Tax Expense | 5.6B | 7.6B | 3.2B | (5.7B) | (6.5B) | (6.2B) | |
Minority Interest | 23.6B | 29.4B | 806.4M | 517.8M | 1.2B | 1.1B | |
Selling General Administrative | 3.0B | 2.6B | 2.4B | 1.9B | 1.9B | 2.2B | |
Gross Profit | 46.0B | 37.6B | 3.8B | 5.2B | 8.2B | 7.8B | |
Other Operating Expenses | 5.4B | 8.6B | 6.7B | 2.5B | 2.9B | 5.4B | |
Net Income From Continuing Ops | 14.7B | 4.8B | (39.8B) | 1.1B | (7.2B) | (6.9B) | |
Ebit | 17.3B | 25.2B | 16.3B | (4.8B) | (4.3B) | (4.1B) | |
Research Development | 10.5M | 19.9M | 12.0M | 11.5M | 16.2M | 15.2M | |
Cost Of Revenue | 59.3B | 63.6B | 39.4B | 26.8B | 27.7B | 43.7B | |
Total Operating Expenses | 77.7B | 76.8B | 48.0B | 32.1B | 32.7B | 40.3B | |
Tax Provision | 7.6B | 3.2B | (5.7B) | 2.7B | (1.8B) | (1.7B) | |
Net Interest Income | (2.8B) | (7.6B) | (17.8B) | (13.5B) | (9.0B) | (9.5B) | |
Interest Income | 540.5M | 212.7M | 221.0M | 113.9M | 144.3M | 229.0M | |
Ebitda | 26.4B | 16.8B | (26.4B) | 18.3B | 16.5B | 9.3B | |
Reconciled Depreciation | 833.9M | 936.3M | 1.1B | 907.7M | 767.7M | 732.0M |
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
China Fortune Land 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 China Fortune shareholders. The income statement also shows China 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).