Planet Historical Income Statement
PLAG Stock | USD 2.62 0.03 1.13% |
Historical analysis of Planet Green income statement accounts such as Income Tax Expense of 33.5 K, Depreciation And Amortization of 1.8 M, Selling And Marketing Expenses of 853.9 K or Total Revenue of 25.8 M can show how well Planet Green Holdings performed in making a profits. Evaluating Planet Green income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Planet Green's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Planet Green Holdings 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 Planet Green Holdings is a good buy for the upcoming year.
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About Planet Income Statement Analysis
Planet Green Holdings 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 Planet Green shareholders. The income statement also shows Planet 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).
Planet Green Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Planet Green Holdings. It is also known as Planet Green 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Planet Green's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Planet Green Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Green Holdings. 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 this time, Planet Green's Discontinued Operations is most likely to increase significantly in the upcoming years. The Planet Green's current Extraordinary Items is estimated to increase to about 10.6 M, while Other Operating Expenses is projected to decrease to roughly 34.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8M | 4.4M | 1.4M | 1.4M | Total Revenue | 37.8M | 44.8M | 27.1M | 25.8M |
Planet Green income statement Correlations
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Planet Green Account Relationship Matchups
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Planet Green income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 9.7K | 169K | 646.6K | 633.8K | 496.1K | 471.3K | |
Selling General Administrative | 1.9M | 3.9M | 7.2M | 7.1M | 9.0M | 9.8M | |
Other Operating Expenses | 4.9M | 6.4M | 44.0M | 50.0M | 35.9M | 34.1M | |
Operating Income | (825.4K) | 5.6M | (6.2M) | (5.3M) | (8.8M) | (8.3M) | |
Ebit | (825.4K) | (11.2M) | (6.2M) | (14.6M) | (8.6M) | (8.1M) | |
Ebitda | (46.1K) | (10.7M) | (3.6M) | (13.2M) | (6.6M) | (6.2M) | |
Total Operating Expenses | 2.0M | 4.1M | 10.1M | 9.6M | 10.2M | 15.0M | |
Net Income | 2.9M | (11.2M) | (10.0M) | (16.6M) | (20.8M) | (19.8M) | |
Income Tax Expense | (8.8M) | 8.3M | 56.5K | 1.5M | 35.3K | 33.5K | |
Income Before Tax | (5.8M) | (11.2M) | (9.9M) | (15.3M) | (20.8M) | (19.8M) | |
Total Other Income Expense Net | (5.0M) | (8.4M) | (3.7M) | (10.0M) | (12.0M) | (11.4M) | |
Depreciation And Amortization | 779.3K | 474.3K | 2.7M | 1.5M | 2.0M | 1.8M | |
Selling And Marketing Expenses | 40.3K | 160.1K | 2.1M | 2.2M | 898.9K | 853.9K | |
Total Revenue | 4.1M | 3.6M | 37.8M | 44.8M | 27.1M | 25.8M | |
Gross Profit | 1.1M | 1.3M | 3.8M | 4.4M | 1.4M | 1.4M | |
Cost Of Revenue | 3.0M | 2.4M | 33.9M | 40.4M | 25.7M | 24.4M | |
Net Income Applicable To Common Shares | 16.8M | 2.9M | (11.1M) | (9.7M) | (8.8M) | (9.2M) | |
Net Income From Continuing Ops | (5.8M) | (11.2M) | (10.0M) | (16.7M) | (26.5M) | (25.1M) | |
Non Operating Income Net Other | (1.8M) | 435.4K | (5.0M) | (6.1M) | (5.4M) | (5.7M) | |
Tax Provision | (56.0K) | 0.0 | 56.5K | 1.5M | 1.4M | 925.2K | |
Discontinued Operations | (31.0M) | 17.1M | (8.8M) | 150.9K | 173.5K | 182.2K | |
Interest Income | 186.0 | 63.0 | 1.5K | 9.4K | 827.0 | 785.65 | |
Net Interest Income | (9.6K) | (23.4K) | (645.1K) | (624.4K) | (513.6K) | (539.3K) | |
Reconciled Depreciation | 755.8K | 449.1K | 2.5M | 1.5M | 2.0M | 1.6M |
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When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Planet Green's future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Green Holdings. 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. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Green. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.45) | Revenue Per Share 2.426 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.49) |
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Green's market value can be influenced by many factors that don't directly affect Planet Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.