China Historical Income Statement

CGG Stock

CAD 6.79 0.17 2.44%

Historical analysis of China Gold income statement accounts such as Interest Expense of 15.5 M, Selling General Administrative of 21.1 M or Total Revenue of 475.7 M can show how well China Gold International performed in making a profits. Evaluating China Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of China Gold's future profits or losses.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Financial Statement Analysis is much more than just reviewing and examining China Gold International 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 Gold International is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Gold International. 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 Gold International 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 Gold 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 Gold Income Statement Chart

At this time, China Gold's Total Revenue is very stable compared to the past year. As of the 22nd of December 2024, Gross Profit is likely to grow to about 129.7 M, while Depreciation And Amortization is likely to drop about 70 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts China Gold International 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of China Gold International minus its cost of goods sold. It is profit before China Gold 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 Gold International. It is also known as China Gold 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 Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into China Gold International 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 Gold International. 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.

	2021	2022	2023	2024 (projected)
Interest Expense	30.6M	25.4M	21.2M	15.5M
Depreciation And Amortization	175.8M	208.0M	121.7M	70.0M

Interest Expense Depreciation And Amortization

China Gold income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Research Development	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.86	0.87	0.91	0.66	0.98	0.58	0.56	0.81	0.97	0.95	0.44	-0.59	0.45	0.34	0.42	-0.18	0.27	0.47	0.81	-0.83	0.85	0.08
Interest Expense	0.86		0.84	0.7	0.37	0.82	0.29	0.28	0.56	0.81	0.85	0.17	-0.49	0.19	0.05	0.13	0.16	-0.08	0.56	0.6	-0.88	0.69	0.13
Selling General Administrative	0.87	0.84		0.75	0.5	0.84	0.41	0.38	0.63	0.82	0.94	0.29	-0.52	0.3	0.23	0.22	-0.16	0.08	0.42	0.6	-0.73	0.65	0.05
Total Revenue	0.91	0.7	0.75		0.89	0.97	0.83	0.8	0.96	0.97	0.9	0.72	-0.47	0.73	0.6	0.68	-0.39	0.53	0.32	0.93	-0.7	0.86	0.04
Gross Profit	0.66	0.37	0.5	0.89		0.75	0.98	0.96	0.96	0.76	0.69	0.93	-0.24	0.93	0.81	0.89	-0.54	0.77	0.11	0.85	-0.35	0.68	0.08
Other Operating Expenses	0.98	0.82	0.84	0.97	0.75		0.69	0.67	0.88	0.99	0.95	0.57	-0.51	0.58	0.46	0.53	-0.23	0.38	0.44	0.87	-0.81	0.85	0.11
Operating Income	0.58	0.29	0.41	0.83	0.98	0.69		1.0	0.94	0.68	0.6	0.98	-0.08	0.98	0.88	0.95	-0.46	0.85	0.12	0.77	-0.25	0.55	0.25
Ebit	0.56	0.28	0.38	0.8	0.96	0.67	1.0		0.93	0.66	0.57	0.99	-0.01	0.99	0.89	0.96	-0.38	0.86	0.15	0.75	-0.23	0.52	0.33
Ebitda	0.81	0.56	0.63	0.96	0.96	0.88	0.94	0.93		0.88	0.81	0.87	-0.31	0.87	0.75	0.84	-0.4	0.7	0.27	0.9	-0.53	0.77	0.17
Cost Of Revenue	0.97	0.81	0.82	0.97	0.76	0.99	0.68	0.66	0.88		0.94	0.55	-0.55	0.56	0.44	0.52	-0.28	0.36	0.4	0.89	-0.82	0.89	0.02
Total Operating Expenses	0.95	0.85	0.94	0.9	0.69	0.95	0.6	0.57	0.81	0.94		0.47	-0.56	0.48	0.36	0.43	-0.27	0.28	0.47	0.82	-0.81	0.82	0.06
Income Before Tax	0.44	0.17	0.29	0.72	0.93	0.57	0.98	0.99	0.87	0.55	0.47		0.1	1.0	0.89	0.97	-0.38	0.87	0.05	0.67	-0.13	0.42	0.34
Total Other Income Expense Net	-0.59	-0.49	-0.52	-0.47	-0.24	-0.51	-0.08	-0.01	-0.31	-0.55	-0.56	0.1		0.1	0.07	0.13	0.47	0.12	-0.16	-0.45	0.46	-0.62	0.56
Net Income	0.45	0.19	0.3	0.73	0.93	0.58	0.98	0.99	0.87	0.56	0.48	1.0	0.1		0.85	0.98	-0.37	0.85	0.04	0.68	-0.16	0.43	0.33
Income Tax Expense	0.34	0.05	0.23	0.6	0.81	0.46	0.88	0.89	0.75	0.44	0.36	0.89	0.07	0.85		0.8	-0.38	0.92	0.12	0.52	0.07	0.27	0.35
Net Income From Continuing Ops	0.42	0.13	0.22	0.68	0.89	0.53	0.95	0.96	0.84	0.52	0.43	0.97	0.13	0.98	0.8		-0.38	0.87	0.04	0.68	-0.15	0.43	0.34
Minority Interest	-0.18	0.16	-0.16	-0.39	-0.54	-0.23	-0.46	-0.38	-0.4	-0.28	-0.27	-0.38	0.47	-0.37	-0.38	-0.38		-0.41	0.31	-0.45	-0.01	-0.4	0.6
Tax Provision	0.27	-0.08	0.08	0.53	0.77	0.38	0.85	0.86	0.7	0.36	0.28	0.87	0.12	0.85	0.92	0.87	-0.41		0.13	0.54	0.1	0.26	0.39
Interest Income	0.47	0.56	0.42	0.32	0.11	0.44	0.12	0.15	0.27	0.4	0.47	0.05	-0.16	0.04	0.12	0.04	0.31	0.13		0.38	-0.54	0.43	0.45
Research Development	0.81	0.6	0.6	0.93	0.85	0.87	0.77	0.75	0.9	0.89	0.82	0.67	-0.45	0.68	0.52	0.68	-0.45	0.54	0.38		-0.7	0.92	-0.05
Net Interest Income	-0.83	-0.88	-0.73	-0.7	-0.35	-0.81	-0.25	-0.23	-0.53	-0.82	-0.81	-0.13	0.46	-0.16	0.07	-0.15	-0.01	0.1	-0.54	-0.7		-0.82	0.04
Reconciled Depreciation	0.85	0.69	0.65	0.86	0.68	0.85	0.55	0.52	0.77	0.89	0.82	0.42	-0.62	0.43	0.27	0.43	-0.4	0.26	0.43	0.92	-0.82		-0.24
Selling And Marketing Expenses	0.08	0.13	0.05	0.04	0.08	0.11	0.25	0.33	0.17	0.02	0.06	0.34	0.56	0.33	0.35	0.34	0.6	0.39	0.45	-0.05	0.04	-0.24

Click cells to compare fundamentals

China Gold Account Relationship Matchups

China Gold income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	173.8M	187.2M	175.8M	208.0M	121.7M	70.0M
Interest Expense	40.3M	39.6M	30.6M	25.4M	21.2M	15.5M
Selling General Administrative	45.3M	32.5M	39.3M	44.3M	39.0M	21.1M
Total Revenue	657.5M	864.0M	1.1B	1.1B	459.4M	475.7M
Gross Profit	59.6M	205.7M	399.5M	387.0M	80.4M	129.7M
Other Operating Expenses	662.9M	712.2M	810.1M	793.4M	427.5M	285.5M
Operating Income	23.1M	154.2M	333.0M	316.9M	32.0M	30.4M
Ebit	15.5M	165.0M	333.7M	320.6M	2.5M	2.4M
Ebitda	189.3M	352.2M	509.5M	528.6M	124.2M	138.0M
Cost Of Revenue	597.9M	658.3M	737.9M	717.9M	379.1M	346.1M
Total Operating Expenses	65.0M	53.9M	72.2M	75.5M	48.4M	29.7M
Income Before Tax	(24.8M)	125.4M	311.6M	275.3M	(18.7M)	(17.7M)
Total Other Income Expense Net	(21.6M)	(28.8M)	(21.3M)	(41.6M)	(50.6M)	(48.1M)
Net Income	(32.2M)	112.0M	267.4M	222.7M	(25.5M)	(24.2M)
Income Tax Expense	7.3M	11.5M	43.0M	49.9M	4.3M	4.1M
Net Income From Continuing Ops	(32.2M)	113.9M	268.7M	225.4M	(23.0M)	(21.8M)
Net Income Applicable To Common Shares	(32.8M)	112.0M	267.4M	222.7M	256.2M	269.0M
Minority Interest	15.3M	16.9M	(1.3M)	(2.7M)	(2.5M)	(2.4M)
Tax Provision	7.3M	11.5M	43.0M	49.9M	4.3M	4.1M
Interest Income	44.7M	26.4M	15.6M	36.2M	7.0M	6.7M
Research Development	16.9M	18.5M	26.4M	25.4M	8.7M	16.9M
Net Interest Income	(37.0M)	(29.8M)	(24.2M)	(16.3M)	(14.2M)	(14.9M)
Reconciled Depreciation	173.8M	187.2M	175.8M	208.0M	121.7M	174.5M

Pair Trading with China Gold

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 China Gold 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 China Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against China Stock

0.51	PIC-A	Premium Income Split	Pair Corr
0.5	ORE	Orezone Gold Corp	Pair Corr
0.49	INFM	Infinico Metals Corp	Pair Corr
0.48	MAC	Themac Resources	Pair Corr

The ability to find closely correlated positions to China Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Gold 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 China Gold - 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 China Gold International to buy it.

The correlation of China Gold 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 China Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Gold International 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 China Gold 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 Correlation Correlation Matching

Other Information on Investing in China Stock

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China Historical Income Statement

About China Income Statement Analysis

China Gold Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

China Gold income statement Correlations

China Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Gold income statement Accounts

Pair Trading with China Gold

Moving against China Stock

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebit	+ 1.0	Operating Income
Net Income	+ 1.0	Income Before Tax
Cost Of Revenue	+ 0.99	Other Operating Expenses
Income Before Tax	+ 0.99	Ebit
Net Income	+ 0.99	Ebit
Other Operating Expenses	+ 0.98	Depreciation And Amortization

Net Interest Income	- 0.88	Interest Expense
Net Interest Income	- 0.83	Depreciation And Amortization
Reconciled Depreciation	- 0.82	Net Interest Income
Net Interest Income	- 0.82	Cost Of Revenue
Net Interest Income	- 0.81	Total Operating Expenses
Net Interest Income	- 0.81	Other Operating Expenses