Qijing Historical Income Statement

603677 Stock   13.67  0.48  3.64%   
Historical analysis of Qijing Machinery income statement accounts such as Selling General Administrative of 45.6 M, Total Revenue of 1.5 B or Operating Income of 117.2 M can show how well Qijing Machinery performed in making a profits. Evaluating Qijing Machinery income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qijing Machinery's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qijing Machinery 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 Qijing Machinery 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 Qijing Machinery. 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 Qijing Income Statement Analysis

Qijing Machinery 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 Qijing Machinery shareholders. The income statement also shows Qijing 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).

Qijing Machinery Income Statement Chart

At present, Qijing Machinery'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 45.6 M, whereas Total Revenue is forecasted to decline to about 1.5 B.

Total Revenue

Total revenue comprises all receipts Qijing Machinery 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.

Operating Income

Operating Income is the amount of profit realized from Qijing Machinery operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Qijing Machinery is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Qijing Machinery income statement and represents the costs associated with goods and services Qijing Machinery 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 Qijing Machinery's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qijing Machinery 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 Qijing Machinery. 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, Qijing Machinery'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 45.6 M, whereas Total Revenue is forecasted to decline to about 1.5 B.
 2021 2022 2023 2024 (projected)
Operating Income123.2M81.3M103.5M117.2M
Total Revenue2.0B1.8B1.8B1.5B

Qijing Machinery income statement Correlations

-0.580.03-0.57-0.040.48-0.750.670.31-0.53-0.46-0.080.450.65-0.680.45-0.21-0.69
-0.580.240.990.22-0.570.93-0.9-0.70.540.630.32-0.55-0.820.97-0.550.330.92
0.030.240.10.960.530.26-0.060.040.060.49-0.290.15-0.220.180.150.170.04
-0.570.990.10.08-0.670.9-0.9-0.740.540.590.39-0.56-0.790.97-0.560.340.93
-0.040.220.960.080.60.28-0.030.120.020.41-0.40.17-0.20.150.170.10.02
0.48-0.570.53-0.670.6-0.50.740.62-0.56-0.28-0.560.680.57-0.660.68-0.18-0.73
-0.750.930.260.90.28-0.5-0.88-0.520.550.670.08-0.54-0.880.95-0.540.230.89
0.67-0.9-0.06-0.9-0.030.74-0.880.71-0.72-0.51-0.430.830.89-0.950.83-0.19-0.98
0.31-0.70.04-0.740.120.62-0.520.71-0.26-0.18-0.550.630.6-0.710.63-0.07-0.67
-0.530.540.060.540.02-0.560.55-0.72-0.260.550.49-0.63-0.570.64-0.630.560.76
-0.460.630.490.590.41-0.280.67-0.51-0.180.55-0.05-0.07-0.570.67-0.070.620.53
-0.080.32-0.290.39-0.4-0.560.08-0.43-0.550.49-0.05-0.45-0.070.33-0.450.440.51
0.45-0.550.15-0.560.170.68-0.540.830.63-0.63-0.07-0.450.75-0.621.00.18-0.75
0.65-0.82-0.22-0.79-0.20.57-0.880.890.6-0.57-0.57-0.070.75-0.870.750.0-0.82
-0.680.970.180.970.15-0.660.95-0.95-0.710.640.670.33-0.62-0.87-0.620.350.95
0.45-0.550.15-0.560.170.68-0.540.830.63-0.63-0.07-0.451.00.75-0.620.18-0.75
-0.210.330.170.340.1-0.180.23-0.19-0.070.560.620.440.180.00.350.180.34
-0.690.920.040.930.02-0.730.89-0.98-0.670.760.530.51-0.75-0.820.95-0.750.34
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Qijing Machinery Account Relationship Matchups

Qijing Machinery income statement Accounts

201920202021202220232024 (projected)
Interest Expense24.1M19.7M19.9M21.7M22.3M23.4M
Selling General Administrative52.8M54.8M46.4M30.0M33.1M45.6M
Total Revenue1.7B1.6B2.0B1.8B1.8B1.5B
Operating Income116.5M99.1M123.2M81.3M103.5M117.2M
Cost Of Revenue1.4B1.3B1.7B1.6B1.5B1.3B
Income Before Tax90.4M61.5M96.2M66.1M73.7M90.7M
Income Tax Expense19.7M14.0M5.3M7.3M6.6M6.3M
Research Development48.7M49.6M68.8M67.4M60.9M50.4M
Tax Provision14.0M5.3M7.3M2.1M4.5M4.3M
Net Interest Income(23.7M)(18.3M)(18.2M)(18.0M)(14.2M)(14.9M)
Interest Income668.4K1.6M2.1M4.0M8.5M8.9M
Gross Profit250.6M236.3M284.1M234.8M262.0M276.6M
Other Operating Expenses6.4M8.3M8.7M8.7M10.0M8.5M
Net Income From Continuing Ops76.3M56.2M88.9M64.0M69.2M62.1M
Ebit97.4M97.1M87.2M107.9M97.1M90.8M
Total Operating Expenses1.5B1.5B1.9B1.7B1.7B1.6B
Net Income Applicable To Common Shares77.7M76.3M56.2M88.9M80.0M65.0M
Net Income76.3M56.2M88.9M64.0M69.2M62.1M
Ebitda170.7M145.8M189.5M167.4M192.5M182.9M
Reconciled Depreciation56.3M64.6M73.4M79.7M83.1M69.0M

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Other Information on Investing in Qijing Stock

Qijing Machinery 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 Qijing Machinery shareholders. The income statement also shows Qijing 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).