Burning Historical Income Statement

BNR Stock  USD 6.16  0.85  16.01%   
Historical analysis of Burning Rock income statement accounts such as Net Interest Income of 16 M, Interest Income of 10 M or Depreciation And Amortization of 140.1 M can show how well Burning Rock Biotech performed in making a profits. Evaluating Burning Rock income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Burning Rock's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Burning Rock Biotech 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 Burning Rock Biotech 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 Burning Rock Biotech. 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 Burning Income Statement Analysis

Burning Rock Biotech 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 Burning Rock shareholders. The income statement also shows Burning 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).

Burning Rock Income Statement Chart

At this time, Burning Rock's Tax Provision is relatively stable compared to the past year. As of 12/01/2024, Net Interest Income is likely to grow to about 16 M, while Interest Expense is likely to drop 0.00.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Total Revenue

Total revenue comprises all receipts Burning Rock Biotech 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.
Most accounts from Burning Rock's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Burning Rock Biotech 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 Burning Rock Biotech. 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 this time, Burning Rock's Tax Provision is relatively stable compared to the past year. As of 12/01/2024, Net Interest Income is likely to grow to about 16 M, while Interest Expense is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization47.8M124.1M133.4M140.1M
Interest Income3.5M9.5M15.3M10.0M

Burning Rock income statement Correlations

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0.83-0.210.790.980.940.930.99-0.99-0.98-0.980.99-0.990.951.00.79-0.990.72-0.98-0.41
0.81-0.260.790.980.950.940.99-0.98-0.97-0.980.98-0.980.960.990.79-0.980.69-0.98-0.38
0.89-0.280.780.940.951.00.97-0.91-0.91-0.910.98-0.910.990.960.78-0.910.74-0.9-0.56
0.89-0.330.750.930.941.00.96-0.9-0.9-0.90.97-0.90.980.950.75-0.890.72-0.89-0.59
0.85-0.230.80.990.990.970.96-0.98-0.98-0.981.0-0.980.971.00.8-0.980.73-0.98-0.44
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-0.840.15-0.86-0.98-0.97-0.91-0.9-0.981.01.0-0.960.99-0.93-0.98-0.861.0-0.791.00.33
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-0.80.22-0.8-0.99-0.98-0.91-0.9-0.981.00.991.0-0.97-0.92-0.98-0.81.0-0.711.00.36
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0.84-0.240.81.00.990.960.951.0-0.98-0.98-0.981.0-0.980.970.8-0.980.72-0.98-0.44
0.890.171.00.790.790.780.750.8-0.85-0.86-0.850.79-0.80.830.8-0.840.97-0.84-0.16
-0.820.18-0.84-0.99-0.98-0.91-0.89-0.981.01.01.0-0.971.0-0.92-0.98-0.84-0.751.00.34
0.890.230.970.720.690.740.720.73-0.77-0.79-0.770.73-0.710.780.720.97-0.75-0.75-0.28
-0.820.17-0.84-0.98-0.98-0.9-0.89-0.981.01.01.0-0.961.0-0.92-0.98-0.841.0-0.750.31
-0.460.37-0.16-0.41-0.38-0.56-0.59-0.440.340.330.34-0.50.36-0.49-0.44-0.160.34-0.280.31
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Burning Rock Account Relationship Matchups

Burning Rock income statement Accounts

201920202021202220232024 (projected)
Net Interest Income2.2M5.4M1.9M9.5M15.3M16.0M
Interest Income3.7M6.1M3.5M9.5M15.3M10.0M
Depreciation And Amortization32.7M33.3M47.8M124.1M133.4M140.1M
Selling General Administrative132.2M293.8M490.3M568.3M437.8M327.9M
Selling And Marketing Expenses153.3M168.6M303.1M370.3M247.7M222.1M
Total Revenue381.7M429.9M507.9M563.2M537.4M430.6M
Gross Profit273.3M313.9M364.1M380.0M363.2M298.8M
Other Operating Expenses550.8M842.3M1.3B1.5B1.2B950.8M
Operating Income(169.1M)(412.4M)(797.1M)(980.4M)(669.3M)(702.8M)
Net Income From Continuing Ops(169.2M)(407.2M)(796.7M)(971.2M)(707.7M)(743.1M)
Ebit(169.1M)(406.6M)(794.3M)(980.4M)(671.3M)(704.8M)
Research Development156.9M263.9M367.9M421.9M347.0M269.0M
Ebitda(136.4M)(373.3M)(746.5M)(856.3M)(537.9M)(564.8M)
Cost Of Revenue108.3M116.0M143.7M183.2M174.2M131.8M
Total Operating Expenses442.4M726.3M1.2B1.4B1.0B819.0M
Reconciled Depreciation31.4M33.3M47.8M124.1M133.4M140.1M
Income Before Tax(169.2M)(407.2M)(795.8M)(969.2M)(651.3M)(683.9M)
Total Other Income Expense Net(64K)5.2M1.3M11.2M18.0M18.9M
Net Income Applicable To Common Shares(334.2M)(471.9M)(796.7M)(971.2M)(874.1M)(830.4M)
Net Income(168.3M)(373.7M)(796.7M)(971.2M)(653.7M)(686.4M)
Income Tax Expense(819K)(33.5M)899K2.0M2.4M2.5M

Pair Trading with Burning Rock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Burning Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Burning Rock will appreciate offsetting losses from the drop in the long position's value.

Moving against Burning Stock

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The ability to find closely correlated positions to Burning Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burning Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Burning Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Burning Rock Biotech to buy it.
The correlation of Burning Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Burning Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burning Rock Biotech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Burning Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Burning Stock Analysis

When running Burning Rock's price analysis, check to measure Burning Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Burning Rock is operating at the current time. Most of Burning Rock's value examination focuses on studying past and present price action to predict the probability of Burning Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burning Rock's price. Additionally, you may evaluate how the addition of Burning Rock to your portfolios can decrease your overall portfolio volatility.