Qifeng Historical Income Statement

002521 Stock   10.68  0.04  0.38%   
Historical analysis of Qifeng New income statement accounts such as Interest Expense of 19.1 M, Selling General Administrative of 45.5 M or Selling And Marketing Expenses of 18.8 M can show how well Qifeng New Material performed in making a profits. Evaluating Qifeng New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qifeng New's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qifeng New Material 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 Qifeng New Material 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 Qifeng New Material. 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 Qifeng Income Statement Analysis

Qifeng New Material 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 Qifeng New shareholders. The income statement also shows Qifeng 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).

Qifeng New Income Statement Chart

At present, Qifeng New's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 45.5 M, whereas Depreciation And Amortization is forecasted to decline to about 101.2 M.

Total Revenue

Total revenue comprises all receipts Qifeng New Material 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 Qifeng New Material minus its cost of goods sold. It is profit before Qifeng New 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.
Most accounts from Qifeng New's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qifeng New Material 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 Qifeng New Material. 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, Qifeng New's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 45.5 M, whereas Depreciation And Amortization is forecasted to decline to about 101.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.6M20.4M18.6M19.1M
Depreciation And Amortization139.7M146.2M163.4M101.2M

Qifeng New income statement Correlations

-0.530.39-0.10.880.370.880.09-0.080.840.410.890.690.040.280.06-0.08-0.67-0.08-0.590.60.71-0.53
-0.53-0.240.1-0.470.01-0.510.160.3-0.530.02-0.51-0.410.19-0.770.180.140.48-0.070.24-0.36-0.390.35
0.39-0.24-0.620.40.010.410.05-0.060.330.140.430.070.00.060.00.22-0.410.240.030.820.79-0.87
-0.10.1-0.620.10.480.070.180.270.170.190.030.540.19-0.180.2-0.060.06-0.24-0.35-0.68-0.590.81
0.88-0.470.40.10.550.990.20.060.980.480.990.850.150.160.170.02-0.63-0.04-0.650.570.62-0.44
0.370.010.010.480.550.460.850.820.50.930.430.690.83-0.090.840.590.080.32-0.2-0.080.060.06
0.88-0.510.410.070.990.460.09-0.050.980.391.00.840.040.180.06-0.07-0.69-0.09-0.680.590.63-0.46
0.090.160.050.180.20.850.090.980.110.940.080.241.0-0.010.990.790.490.560.25-0.1-0.02-0.02
-0.080.3-0.060.270.060.82-0.050.98-0.010.88-0.060.170.98-0.140.980.790.570.530.31-0.25-0.160.12
0.84-0.530.330.170.980.50.980.11-0.010.40.980.880.070.20.09-0.06-0.66-0.1-0.70.490.57-0.37
0.410.020.140.190.480.930.390.940.880.40.370.490.920.00.920.680.20.44-0.010.060.2-0.15
0.89-0.510.430.030.990.431.00.08-0.060.980.370.810.030.190.05-0.08-0.69-0.09-0.670.620.66-0.49
0.69-0.410.070.540.850.690.840.240.170.880.490.810.20.070.220.02-0.57-0.12-0.680.160.24-0.02
0.040.190.00.190.150.830.041.00.980.070.920.030.20.01.00.80.550.570.25-0.16-0.050.02
0.28-0.770.06-0.180.16-0.090.18-0.01-0.140.20.00.190.070.00.00.04-0.030.28-0.120.130.25-0.2
0.060.180.00.20.170.840.060.990.980.090.920.050.221.00.00.770.520.530.23-0.16-0.050.02
-0.080.140.22-0.060.020.59-0.070.790.79-0.060.68-0.080.020.80.040.770.460.910.25-0.060.14-0.17
-0.670.48-0.410.06-0.630.08-0.690.490.57-0.660.2-0.69-0.570.55-0.030.520.460.40.58-0.56-0.520.41
-0.08-0.070.24-0.24-0.040.32-0.090.560.53-0.10.44-0.09-0.120.570.280.530.910.40.210.010.24-0.25
-0.590.240.03-0.35-0.65-0.2-0.680.250.31-0.7-0.01-0.67-0.680.25-0.120.230.250.580.21-0.08-0.36-0.05
0.6-0.360.82-0.680.57-0.080.59-0.1-0.250.490.060.620.16-0.160.13-0.16-0.06-0.560.01-0.080.77-0.92
0.71-0.390.79-0.590.620.060.63-0.02-0.160.570.20.660.24-0.050.25-0.050.14-0.520.24-0.360.77-0.87
-0.530.35-0.870.81-0.440.06-0.46-0.020.12-0.37-0.15-0.49-0.020.02-0.20.02-0.170.41-0.25-0.05-0.92-0.87
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Qifeng New Account Relationship Matchups

Qifeng New income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization177.7M166.2M139.7M146.2M163.4M101.2M
Interest Expense21.0M15.3M19.6M20.4M18.6M19.1M
Selling General Administrative15.1M13.9M30.7M47.8M43.3M45.5M
Selling And Marketing Expenses81.1M19.5M19.7M16.6M19.8M18.8M
Total Revenue3.2B2.8B3.7B3.1B3.7B2.7B
Gross Profit457.1M404.6M402.5M244.9M511.7M416.6M
Other Operating Expenses3.1B2.6B3.5B3.1B3.4B2.5B
Operating Income149.8M188.8M190.7M29.4M296.2M181.0M
Ebit149.8M188.8M190.7M29.4M292.6M207.3M
Research Development106.2M90.5M127.0M104.1M122.7M85.6M
Ebitda327.5M355.0M330.4M175.6M456.0M308.6M
Cost Of Revenue2.8B2.4B3.3B2.9B3.1B2.2B
Total Operating Expenses281.4M216.7M233.1M221.1M221.6M221.3M
Income Before Tax145.7M186.3M183.1M390.8K288.4M176.5M
Total Other Income Expense Net(4.1M)(2.5M)(7.6M)(29.0M)(7.8M)(8.2M)
Net Income Applicable To Common Shares58.4M137.0M159.9M165.2M190.0M157.2M
Net Income132.7M159.9M165.2M8.5M236.8M154.3M
Income Tax Expense13.0M24.3M16.8M(8.8M)50.5M53.0M
Net Income From Continuing Ops132.7M162.0M166.2M9.2M237.8M119.0M
Tax Provision13.0M24.3M16.8M(8.8M)50.5M53.0M
Net Interest Income(20.4M)(11.4M)(14.0M)(12.2M)(12.8M)(13.5M)
Interest Income2.4M5.7M7.6M9.6M7.0M5.7M
Reconciled Depreciation140.3M140.9M149.6M146.2M163.4M156.8M

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Other Information on Investing in Qifeng Stock

Qifeng New Material 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 Qifeng New shareholders. The income statement also shows Qifeng 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).