Qtone Historical Income Statement

300359 Stock   6.54  0.13  2.03%   
Historical analysis of Qtone Education income statement accounts such as Selling General Administrative of 58.6 M, Total Revenue of 584.7 M or Operating Income of 51.2 M can show how well Qtone Education Group performed in making a profits. Evaluating Qtone Education income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qtone Education's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qtone Education Group 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 Qtone Education Group 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 Qtone Education 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 Qtone Income Statement Analysis

Qtone Education Group 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 Qtone Education shareholders. The income statement also shows Qtone 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).

Qtone Education Income Statement Chart

At present, Qtone Education's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 51.2 M, whereas Interest Expense is forecasted to decline to about 1.1 M.

Total Revenue

Total revenue comprises all receipts Qtone Education Group 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 Qtone Education Group income statement and represents the costs associated with goods and services Qtone Education 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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Qtone Education's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qtone Education Group 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 Qtone Education 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, Qtone Education's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 51.2 M, whereas Interest Expense is forecasted to decline to about 1.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit220.1M155.0M173.8M183.6M
Research Development34.0M31.5M36.2M29.1M

Qtone Education income statement Correlations

0.780.590.71-0.07-0.130.390.130.46-0.24-0.190.040.65-0.050.33-0.21-0.34-0.12-0.2-0.06
0.780.440.99-0.22-0.280.480.360.33-0.68-0.35-0.230.96-0.480.17-0.41-0.550.12-0.340.24
0.590.440.330.460.390.59-0.490.830.20.370.690.270.30.410.42-0.06-0.070.36-0.26
0.710.990.33-0.28-0.340.430.440.25-0.74-0.41-0.330.98-0.550.12-0.48-0.570.16-0.40.29
-0.07-0.220.46-0.281.00.21-0.270.260.440.990.59-0.330.52-0.220.380.670.480.990.02
-0.13-0.280.39-0.341.00.14-0.260.210.461.00.57-0.380.54-0.240.370.70.481.00.02
0.390.480.590.430.210.14-0.220.26-0.090.10.230.33-0.14-0.150.350.170.440.120.13
0.130.36-0.490.44-0.27-0.26-0.22-0.62-0.8-0.32-0.840.41-0.72-0.44-0.92-0.240.3-0.310.58
0.460.330.830.250.260.210.26-0.620.370.240.770.30.520.70.44-0.2-0.330.21-0.56
-0.24-0.680.2-0.740.440.46-0.09-0.80.370.520.79-0.70.910.240.790.55-0.250.49-0.59
-0.19-0.350.37-0.410.991.00.1-0.320.240.520.62-0.430.6-0.20.420.710.431.0-0.04
0.04-0.230.69-0.330.590.570.23-0.840.770.790.62-0.310.780.430.80.32-0.210.59-0.57
0.650.960.270.98-0.33-0.380.330.410.3-0.7-0.43-0.31-0.490.2-0.48-0.610.1-0.430.22
-0.05-0.480.3-0.550.520.54-0.14-0.720.520.910.60.78-0.490.390.620.44-0.160.56-0.65
0.330.170.410.12-0.22-0.24-0.15-0.440.70.24-0.20.430.20.390.2-0.57-0.68-0.23-0.74
-0.21-0.410.42-0.480.380.370.35-0.920.440.790.420.8-0.480.620.20.4-0.130.41-0.32
-0.34-0.55-0.06-0.570.670.70.17-0.24-0.20.550.710.32-0.610.44-0.570.40.50.720.06
-0.120.12-0.070.160.480.480.440.3-0.33-0.250.43-0.210.1-0.16-0.68-0.130.50.470.49
-0.2-0.340.36-0.40.991.00.12-0.310.210.491.00.59-0.430.56-0.230.410.720.47-0.01
-0.060.24-0.260.290.020.020.130.58-0.56-0.59-0.04-0.570.22-0.65-0.74-0.320.060.49-0.01
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Qtone Education Account Relationship Matchups

Qtone Education income statement Accounts

201920202021202220232024 (projected)
Interest Expense15.2M13.3M10.5M4.7M1.2M1.1M
Selling General Administrative70.0M57.0M52.5M41.7M43.7M58.6M
Total Revenue717.7M705.5M722.2M604.9M643.8M584.7M
Operating Income(55.4M)90.7M73.6M23.8M30.1M51.2M
Cost Of Revenue556.8M477.0M502.1M449.8M470.1M390.8M
Income Before Tax(722.5M)86.1M37.0M47.2M32.7M34.3M
Net Income Applicable To Common Shares(705.0M)50.0M8.4M12.6M11.3M11.9M
Net Income(705.0M)50.0M8.4M12.6M6.5M6.8M
Income Tax Expense(5.9M)6.4M14.9M27.6M31.8M16.0M
Research Development47.5M38.0M34.0M31.5M36.2M29.1M
Gross Profit160.9M228.5M220.1M155.0M173.8M183.6M
Other Operating Expenses1.9M2.2M3.4M3.9M3.5M4.1M
Net Income From Continuing Ops(716.5M)79.7M22.0M19.6M23.0M24.1M
Ebit(85.8M)77.9M54.5M23.8M21.4M20.3M
Total Operating Expenses760.5M614.8M648.5M581.1M613.7M529.3M
Minority Interest86.4M110.9M(13.6M)(7.0M)(16.5M)(15.7M)
Tax Provision(5.9M)6.4M14.9M27.6M9.7M13.4M
Net Interest Income(17.4M)(13.3M)(7.9M)(720.2K)4.5M4.7M
Interest Income2.6M3.0M4.0M4.9M5.7M4.1M
Ebitda(668.7M)137.3M92.8M99.2M114.0M119.8M
Reconciled Depreciation38.5M38.0M45.3M47.3M37.8M43.7M

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Other Information on Investing in Qtone Stock

Qtone Education Group 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 Qtone Education shareholders. The income statement also shows Qtone 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).