Tianjin Historical Income Statement

300828 Stock   16.14  0.11  0.68%   
Historical analysis of Tianjin Ruixin income statement accounts such as Other Operating Expenses of 3.5 M, Net Income Applicable To Common Shares of 63.9 M or Income Tax Expense of 9.9 M can show how well Tianjin Ruixin Technology performed in making a profits. Evaluating Tianjin Ruixin income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tianjin Ruixin's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tianjin Ruixin Technology 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 Tianjin Ruixin Technology 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 Tianjin Ruixin Technology. 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 Tianjin Income Statement Analysis

Tianjin Ruixin Technology 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 Tianjin Ruixin shareholders. The income statement also shows Tianjin 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).

Tianjin Ruixin Income Statement Chart

At present, Tianjin Ruixin's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 10.3 M, whereas Other Operating Expenses is forecasted to decline to about 3.5 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tianjin Ruixin Technology. It is also known as Tianjin Ruixin 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Tianjin Ruixin's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tianjin Ruixin Technology 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 Tianjin Ruixin Technology. 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, Tianjin Ruixin's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 10.3 M, whereas Other Operating Expenses is forecasted to decline to about 3.5 M.
 2021 2023 2024 (projected)
Tax Provision9.5M8.1M10.3M
Income Tax Expense9.5M10.9M9.9M

Tianjin Ruixin income statement Correlations

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Click cells to compare fundamentals

Tianjin Ruixin Account Relationship Matchups

Tianjin Ruixin income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.3M1.9M9.9K1.1M2.0M2.1M
Other Operating Expenses3.5M3.3M3.8M3.6M4.1M3.5M
Net Income Applicable To Common Shares61.5M62.6M65.7M75.7M87.1M63.9M
Income Tax Expense9.6M9.5M9.5M9.5M10.9M9.9M
Tax Provision9.5M9.5M9.5M12.4M8.1M10.3M
Net Interest Income(1.7M)(1.8M)(272.1K)(1.6M)(2.2M)(2.3M)
Interest Income31.3K522.6K387.6K117.3K288.0K244.5K
Selling General Administrative11.0M12.3M11.7M14.0M15.0M11.3M
Total Revenue333.8M368.5M574.5M765.7M664.7M499.0M
Gross Profit119.4M124.1M142.1M166.5M146.2M139.0M
Operating Income73.0M73.7M85.6M105.1M82.3M82.6M
Net Income From Continuing Ops62.6M65.7M75.7M97.2M75.4M73.1M
Ebit67.5M71.6M72.1M80.8M92.9M74.6M
Research Development14.9M18.3M27.5M29.5M29.4M25.4M
Cost Of Revenue214.4M244.4M432.4M599.2M518.6M360.0M
Total Operating Expenses260.9M294.8M488.9M660.6M582.4M416.4M
Income Before Tax72.1M75.2M85.2M109.6M83.4M83.4M
Net Income62.6M65.7M75.7M97.2M75.4M73.1M
Ebitda88.6M103.2M115.7M142.6M163.9M111.7M
Reconciled Depreciation15.2M26.1M30.5M31.8M33.3M26.3M

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Other Information on Investing in Tianjin Stock

Tianjin Ruixin Technology 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 Tianjin Ruixin shareholders. The income statement also shows Tianjin 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).