Ningbo Historical Income Statement

601789 Stock   4.62  0.08  1.76%   
Historical analysis of Ningbo Construction income statement accounts such as Selling General Administrative of 132.5 M, Total Revenue of 15.6 B or Operating Income of 435.3 M can show how well Ningbo Construction Co performed in making a profits. Evaluating Ningbo Construction income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ningbo Construction's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ningbo Construction 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 Ningbo Construction 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 Ningbo Construction 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 Ningbo Income Statement Analysis

Ningbo Construction 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 Ningbo Construction shareholders. The income statement also shows Ningbo 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).

Ningbo Construction Income Statement Chart

At present, Ningbo Construction'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 132.5 M, whereas Total Revenue is forecasted to decline to about 15.6 B.

Total Revenue

Total revenue comprises all receipts Ningbo Construction 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.

Operating Income

Operating Income is the amount of profit realized from Ningbo Construction 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 Ningbo Construction 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.

Cost Of Revenue

Cost of Revenue is found on Ningbo Construction income statement and represents the costs associated with goods and services Ningbo Construction provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Ningbo Construction income statement and is an important metric when analyzing Ningbo Construction 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ningbo Construction Co minus its cost of goods sold. It is profit before Ningbo Construction 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.
Most accounts from Ningbo Construction's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ningbo Construction 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 Ningbo Construction 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, Ningbo Construction'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 132.5 M, whereas Total Revenue is forecasted to decline to about 15.6 B.
 2021 2022 2023 2024 (projected)
Operating Income602.8M656.7M777.6M435.3M
Total Revenue21.3B21.9B22.7B15.6B

Ningbo Construction income statement Correlations

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-0.241.00.940.920.940.180.160.8-0.210.78-0.810.810.80.88-0.82-0.460.090.820.70.83
-0.130.920.840.920.980.350.050.71-0.110.65-0.730.820.690.76-0.74-0.260.130.680.670.76
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-0.440.810.790.810.820.9-0.15-0.230.92-0.320.87-0.680.70.93-0.75-0.550.390.880.860.94
-0.610.80.690.80.690.710.230.220.79-0.470.69-0.920.70.81-0.84-0.3-0.170.760.750.8
-0.490.880.870.880.760.85-0.15-0.040.97-0.430.94-0.790.930.81-0.85-0.650.220.960.850.98
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-0.080.090.270.090.130.25-0.62-0.660.26-0.070.280.230.39-0.170.220.17-0.660.290.180.19
-0.450.830.880.820.680.8-0.24-0.140.95-0.460.98-0.670.880.760.96-0.75-0.730.290.860.95
-0.350.710.720.70.670.75-0.05-0.30.87-0.550.89-0.580.860.750.85-0.61-0.530.180.860.92
-0.420.840.820.830.760.84-0.12-0.110.97-0.480.95-0.730.940.80.98-0.81-0.60.190.950.92
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Ningbo Construction Account Relationship Matchups

Ningbo Construction income statement Accounts

201920202021202220232024 (projected)
Interest Expense247.4M163.5M163.4M196.4M199.4M209.4M
Selling General Administrative194.6M111.0M140.3M117.1M110.4M132.5M
Total Revenue18.6B19.8B21.3B21.9B22.7B15.6B
Operating Income426.7M635.1M602.8M656.7M777.6M435.3M
Cost Of Revenue17.1B18.3B19.6B20.1B20.7B14.3B
Income Before Tax333.3M342.4M512.1M417.5M379.7M309.7M
Net Income Applicable To Common Shares240.3M279.6M415.7M348.8M401.1M221.8M
Net Income240.3M279.6M415.7M348.8M329.4M230.6M
Income Tax Expense79.5M45.1M69.6M51.0M58.6M69.7M
Minority Interest358.0M224.7M(26.8M)(17.7M)(16.5M)(15.6M)
Research Development234.9M354.4M510.0M510.8M552.8M580.4M
Gross Profit1.5B1.5B1.7B1.8B2.0B1.6B
Other Operating Expenses52.9M54.2M56.6M67.8M61.0M99.9M
Net Income From Continuing Ops253.8M297.3M442.5M366.5M345.9M311.3M
Ebit552.6M504.2M554.2M552.9M635.9M572.2M
Total Operating Expenses17.9B19.2B20.7B21.2B21.9B19.1B
Tax Provision79.5M45.1M69.6M51.0M33.8M56.0M
Net Interest Income(230.6M)(137.6M)(134.2M)(166.0M)(163.4M)(171.6M)
Interest Income26.0M32.1M34.5M40.3M44.0M32.5M
Ebitda684.0M600.3M804.0M735.7M846.0M748.5M
Reconciled Depreciation103.3M94.3M128.4M121.8M128.2M114.3M

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Other Information on Investing in Ningbo Stock

Ningbo Construction 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 Ningbo Construction shareholders. The income statement also shows Ningbo 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).