Ningbo Historical Income Statement
002124 Stock | 3.28 0.10 3.14% |
Historical analysis of Ningbo Tech income statement accounts such as Net Income Applicable To Common Shares of 462.5 M, Selling General Administrative of 229 M or Total Revenue of 10.7 B can show how well Ningbo Tech Bank Co performed in making a profits. Evaluating Ningbo Tech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ningbo Tech's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ningbo Tech Bank 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 Tech Bank is a good buy for the upcoming year.
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About Ningbo Income Statement Analysis
Ningbo Tech Bank 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 Tech 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 Tech Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Ningbo Tech Bank 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.Cost Of Revenue
Cost of Revenue is found on Ningbo Tech Bank income statement and represents the costs associated with goods and services Ningbo Tech 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.Most accounts from Ningbo Tech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ningbo Tech Bank 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 Tech Bank 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 Tech's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 462.5 M, whereas Net Loss is projected to grow to (2.7 B).
2021 | 2023 | 2024 (projected) | Minority Interest | 11.1M | 5.7M | 5.4M | Income Tax Expense | 74.3M | 85.4M | 89.7M |
Ningbo Tech income statement Correlations
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Ningbo Tech Account Relationship Matchups
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Ningbo Tech income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 135.3M | 153.9M | 363.3M | 543.0M | 487.1M | 511.5M | |
Net Income Applicable To Common Shares | 100.4M | 3.2B | (4.5B) | 489.5M | 440.5M | 462.5M | |
Net Income | 100.4M | 3.2B | (4.5B) | 489.5M | (2.9B) | (2.7B) | |
Selling General Administrative | 287.8M | 272.6M | 357.9M | 234.6M | 268.5M | 229.0M | |
Total Revenue | 6.0B | 10.8B | 10.5B | 9.6B | 10.2B | 10.7B | |
Operating Income | 34.9M | 3.6B | (3.3B) | 231.3M | (2.0B) | (1.9B) | |
Cost Of Revenue | 5.2B | 6.2B | 12.4B | 8.2B | 11.1B | 11.7B | |
Income Before Tax | 126.5M | 3.3B | (4.4B) | 476.4M | (2.9B) | (2.7B) | |
Income Tax Expense | 26.6M | 26.5M | 6.2M | 74.3M | 85.4M | 89.7M | |
Minority Interest | 16.4M | 16.8M | 11.1M | 12.5M | 5.7M | 5.4M | |
Research Development | 99.0M | 108.3M | 86.7M | 31.1M | 46.5M | 62.0M | |
Gross Profit | 821.3M | 4.5B | (1.9B) | 1.4B | (913.6M) | (867.9M) | |
Other Operating Expenses | 11.4M | 16.5M | 28.4M | 16.7M | 19.2M | 13.8M | |
Net Income From Continuing Ops | 100.0M | 3.2B | (4.5B) | 476.9M | (2.9B) | (2.7B) | |
Ebit | 132.0M | 3.5B | (3.3B) | (284.1M) | (255.7M) | (242.9M) | |
Total Operating Expenses | 5.8B | 7.2B | 13.8B | 9.3B | 12.2B | 7.3B | |
Tax Provision | 26.5M | 6.2M | 74.3M | (504.7K) | 923.9K | 877.7K | |
Net Interest Income | (139.5M) | (147.7M) | (352.0M) | (537.8M) | (491.7M) | (467.1M) | |
Interest Income | 5.0M | 19.3M | 30.1M | 21.4M | 14.9M | 14.9M | |
Ebitda | 560.3M | 4.1B | (2.6B) | 2.4B | 2.8B | 2.9B | |
Reconciled Depreciation | 298.4M | 682.1M | 1.5B | 1.4B | 1.5B | 915.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Ningbo Stock
Ningbo Tech Bank 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 Tech 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).