China Historical Income Statement

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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.
 
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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.
  
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.

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

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of China Fortune Land minus its cost of goods sold. It is profit before China Fortune 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.

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 Expenses2.5B2.9B5.4B
Gross Profit3.8B8.2B7.8B

China Fortune income statement Correlations

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0.890.70.640.780.820.020.970.880.590.880.210.780.87-0.340.690.30.640.54-0.03
0.380.70.990.760.50.370.680.470.980.750.00.190.3-0.120.950.720.520.93-0.28
0.30.640.990.710.440.380.620.420.990.70.020.120.22-0.090.920.750.480.95-0.35
0.540.780.760.710.650.590.850.540.720.97-0.080.370.55-0.130.850.730.780.510.2
0.790.820.50.440.650.050.810.730.390.710.240.60.71-0.680.480.180.310.290.07
-0.320.020.370.380.590.050.13-0.180.470.44-0.17-0.39-0.260.280.470.850.350.220.14
0.840.970.680.620.850.810.130.870.590.940.120.740.86-0.320.730.360.720.50.07
0.840.880.470.420.540.73-0.180.870.370.70.140.880.88-0.380.470.050.580.36-0.19
0.210.590.980.990.720.390.470.590.370.70.020.060.16-0.010.930.80.470.94-0.32
0.660.880.750.70.970.710.440.940.70.7-0.010.540.7-0.170.840.620.790.530.13
0.170.210.00.02-0.080.24-0.170.120.140.02-0.010.280.18-0.03-0.17-0.04-0.360.1-0.18
0.890.780.190.120.370.6-0.390.740.880.060.540.280.96-0.270.21-0.230.450.060.1
0.940.870.30.220.550.71-0.260.860.880.160.70.180.96-0.340.36-0.10.560.120.22
-0.47-0.34-0.12-0.09-0.13-0.680.28-0.32-0.38-0.01-0.17-0.03-0.27-0.34-0.030.150.040.020.02
0.380.690.950.920.850.480.470.730.470.930.84-0.170.210.36-0.030.710.640.83-0.06
-0.10.30.720.750.730.180.850.360.050.80.62-0.04-0.23-0.10.150.710.510.63-0.17
0.490.640.520.480.780.310.350.720.580.470.79-0.360.450.560.040.640.510.320.14
0.20.540.930.950.510.290.220.50.360.940.530.10.060.120.020.830.630.32-0.52
0.15-0.03-0.28-0.350.20.070.140.07-0.19-0.320.13-0.180.10.220.02-0.06-0.170.14-0.52
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China Fortune Account Relationship Matchups

China Fortune income statement Accounts

201920202021202220232024 (projected)
Interest Expense3.3B7.8B18.0B13.6B9.2B9.6B
Total Revenue105.2B101.2B43.2B31.9B35.9B32.6B
Operating Income27.5B24.4B(4.8B)(194.6M)3.2B3.0B
Income Before Tax22.3B8.1B(45.5B)3.8B(9.0B)(8.6B)
Net Income Applicable To Common Shares11.7B14.6B3.7B(39.0B)(35.1B)(33.4B)
Net Income14.6B3.7B(39.0B)1.6B(6.0B)(5.7B)
Income Tax Expense5.6B7.6B3.2B(5.7B)(6.5B)(6.2B)
Minority Interest23.6B29.4B806.4M517.8M1.2B1.1B
Selling General Administrative3.0B2.6B2.4B1.9B1.9B2.2B
Gross Profit46.0B37.6B3.8B5.2B8.2B7.8B
Other Operating Expenses5.4B8.6B6.7B2.5B2.9B5.4B
Net Income From Continuing Ops14.7B4.8B(39.8B)1.1B(7.2B)(6.9B)
Ebit17.3B25.2B16.3B(4.8B)(4.3B)(4.1B)
Research Development10.5M19.9M12.0M11.5M16.2M15.2M
Cost Of Revenue59.3B63.6B39.4B26.8B27.7B43.7B
Total Operating Expenses77.7B76.8B48.0B32.1B32.7B40.3B
Tax Provision7.6B3.2B(5.7B)2.7B(1.8B)(1.7B)
Net Interest Income(2.8B)(7.6B)(17.8B)(13.5B)(9.0B)(9.5B)
Interest Income540.5M212.7M221.0M113.9M144.3M229.0M
Ebitda26.4B16.8B(26.4B)18.3B16.5B9.3B
Reconciled Depreciation833.9M936.3M1.1B907.7M767.7M732.0M

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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).