Renrenle Historical Income Statement

002336 Stock   6.33  0.30  4.98%   
Historical analysis of Renrenle Commercial income statement accounts such as Selling General Administrative of 1.9 B, Total Revenue of 2.7 B or Cost Of Revenue of 2 B can show how well Renrenle Commercial Group performed in making a profits. Evaluating Renrenle Commercial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Renrenle Commercial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Renrenle Commercial 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 Renrenle Commercial 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 Renrenle Commercial Group. 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.

About Renrenle Income Statement Analysis

Renrenle Commercial 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 Renrenle Commercial shareholders. The income statement also shows Renrenle 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).

Renrenle Commercial Income Statement Chart

At present, Renrenle Commercial's 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 1.9 B, whereas Total Revenue is forecasted to decline to about 2.7 B.

Total Revenue

Total revenue comprises all receipts Renrenle Commercial 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 Renrenle Commercial income statement and represents the costs associated with goods and services Renrenle Commercial 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 Renrenle Commercial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Renrenle Commercial 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 Renrenle Commercial Group. 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, Renrenle Commercial's 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 1.9 B, whereas Total Revenue is forecasted to decline to about 2.7 B.
 2021 2022 2023 2024 (projected)
Other Operating Expenses15.3M13.5M12.1M11.5M
Gross Profit1.2B1.0B793.9M1.3B

Renrenle Commercial income statement Correlations

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0.830.511.00.440.420.67-0.230.840.810.120.250.84-0.350.790.730.2-0.48-0.7
0.10.510.490.860.850.280.390.660.580.310.490.61-0.230.640.61-0.02-0.24-0.59
0.841.00.490.420.40.7-0.220.840.830.090.230.85-0.360.80.730.23-0.5-0.7
0.120.440.860.421.00.370.30.580.510.630.50.530.010.670.69-0.190.13-0.7
0.110.420.850.41.00.340.30.560.490.640.50.510.020.650.68-0.210.16-0.69
0.620.670.280.70.370.34-0.050.690.670.270.330.67-0.150.750.640.14-0.3-0.62
-0.48-0.230.39-0.220.30.3-0.050.280.29-0.040.020.28-0.240.260.220.06-0.16-0.21
0.640.840.660.840.580.560.690.280.940.150.330.99-0.430.940.860.21-0.54-0.84
0.610.810.580.830.510.490.670.290.94-0.040.130.97-0.440.930.760.43-0.61-0.74
0.00.120.310.090.630.640.27-0.040.15-0.040.740.050.390.250.48-0.620.58-0.5
0.10.250.490.230.50.50.330.020.330.130.740.230.240.330.48-0.270.05-0.47
0.650.840.610.850.530.510.670.280.990.970.050.23-0.430.920.830.3-0.59-0.81
-0.28-0.35-0.23-0.360.010.02-0.15-0.24-0.43-0.440.390.24-0.43-0.27-0.390.070.370.36
0.580.790.640.80.670.650.750.260.940.930.250.330.92-0.270.820.24-0.44-0.8
0.510.730.610.730.690.680.640.220.860.760.480.480.83-0.390.82-0.14-0.19-0.99
0.20.2-0.020.23-0.19-0.210.140.060.210.43-0.62-0.270.30.070.24-0.14-0.740.16
-0.37-0.48-0.24-0.50.130.16-0.3-0.16-0.54-0.610.580.05-0.590.37-0.44-0.19-0.740.15
-0.53-0.7-0.59-0.7-0.7-0.69-0.62-0.21-0.84-0.74-0.5-0.47-0.810.36-0.8-0.990.160.15
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Renrenle Commercial Account Relationship Matchups

Renrenle Commercial income statement Accounts

201920202021202220232024 (projected)
Interest Expense12.6M8.5M163.6M125.6M114.9M120.6M
Selling General Administrative1.7B1.6B1.4B1.2B1.1B1.9B
Total Revenue7.6B6.0B5.1B4.0B2.9B2.7B
Operating Income(73.3M)(276.8M)(416.2M)(334.3M)(390.7M)(371.2M)
Cost Of Revenue5.8B4.5B3.9B3.0B2.1B2.0B
Income Before Tax54.2M67.2M(854.5M)(507.5M)(497.3M)(472.5M)
Net Income Applicable To Common Shares38.0M35.4M(857.3M)(507.2M)(456.5M)(433.6M)
Net Income38.0M35.4M(857.3M)(507.2M)(497.6M)(472.7M)
Income Tax Expense23.7M17.4M32.5M2.7M2.5M2.3M
Minority Interest978.3K230.2K(130.37)(5.0K)(25.4K)(24.1K)
Gross Profit1.8B1.5B1.2B1.0B793.9M1.3B
Other Operating Expenses28.8M21.4M15.3M13.5M12.1M11.5M
Net Income From Continuing Ops36.8M34.6M(857.3M)(507.2M)(497.5M)(522.4M)
Ebit(157.4M)(397.8M)(625.1M)(410.2M)(369.2M)(387.6M)
Total Operating Expenses7.7B6.3B5.5B4.3B3.2B5.9B
Tax Provision17.4M32.5M2.7M(343.8K)208.7K198.2K
Net Interest Income(25.7M)(24.5M)(170.1M)(130.0M)(115.3M)(109.5M)
Interest Income3.0M2.9M7.3M5.6M7.3M5.8M
Ebitda207.5M206.3M(241.7M)(22.6M)(26.0M)(27.3M)
Reconciled Depreciation140.7M130.7M449.3M359.4M332.3M261.6M

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Other Information on Investing in Renrenle Stock

Renrenle Commercial 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 Renrenle Commercial shareholders. The income statement also shows Renrenle 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).