China Historical Income Statement

603505 Stock   26.08  1.23  4.95%   
Historical analysis of China Kings income statement accounts such as Selling General Administrative of 48.1 M, Total Revenue of 2 B or Operating Income of 463.4 M can show how well China Kings Resources performed in making a profits. Evaluating China Kings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of China Kings's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining China Kings Resources 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 Kings Resources 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 Kings Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About China Income Statement Analysis

China Kings Resources 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 Kings 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 Kings Income Statement Chart

At present, China Kings' 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 48.1 M, whereas Income Tax Expense is forecasted to decline to about 35.7 M.

Operating Income

Operating Income is the amount of profit realized from China Kings Resources 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 China Kings Resources 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.
Most accounts from China Kings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into China Kings Resources 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 Kings Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, China Kings' 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 48.1 M, whereas Income Tax Expense is forecasted to decline to about 35.7 M.
 2021 2022 2023 2024 (projected)
Operating Income334.4M307.5M441.3M463.4M
Total Revenue1.0B1.1B1.9B2.0B

China Kings income statement Correlations

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0.50.90.960.930.840.940.86-0.420.780.92-0.920.730.980.980.980.860.990.99
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China Kings Account Relationship Matchups

China Kings income statement Accounts

201920202021202220232024 (projected)
Interest Expense16.8M24.6M22.6M33.0M40.1M42.1M
Selling General Administrative76.4M92.2M51.3M27.4M45.8M48.1M
Total Revenue808.8M879.3M1.0B1.1B1.9B2.0B
Operating Income323.9M323.7M334.4M307.5M441.3M463.4M
Research Development15.0M28.2M30.3M33.9M48.5M51.0M
Cost Of Revenue336.1M381.5M545.7M583.6M1.2B1.3B
Income Before Tax297.5M291.4M301.3M275.2M450.3M472.8M
Income Tax Expense72.3M45.2M50.6M53.3M61.3M35.7M
Minority Interest14.5M22.7M(5.8M)553.6K(27.1M)(25.7M)
Other Operating Expenses32.6M36.8M45.8M19.9M22.8M25.4M
Net Income Applicable To Common Shares222.5M238.0M244.9M222.4M255.8M168.8M
Tax Provision72.3M45.2M50.6M53.3M74.3M53.0M
Net Interest Income(19.6M)(26.0M)(22.7M)(32.8M)(37.1M)(39.0M)
Interest Income496.6K452.5K857.6K1.0M4.4M4.7M
Gross Profit472.8M497.8M497.5M466.6M655.6M437.9M
Net Income From Continuing Ops225.2M246.2M250.7M221.9M376.0M217.9M
Ebit312.9M301.9M323.9M307.5M353.6M263.3M
Total Operating Expenses484.9M555.6M708.8M742.7M1.5B1.5B
Net Income222.5M238.0M244.9M222.4M348.9M212.0M
Ebitda433.8M442.8M460.4M455.4M523.7M413.3M
Reconciled Depreciation119.5M126.8M136.5M147.2M183.4M133.7M

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Other Information on Investing in China Stock

China Kings Resources 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 Kings 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).