Hunan Mendale Hometextile Stock Net Income

002397 Stock   4.16  0.02  0.48%   
Hunan Mendale Hometextile fundamentals help investors to digest information that contributes to Hunan Mendale's financial success or failures. It also enables traders to predict the movement of Hunan Stock. The fundamental analysis module provides a way to measure Hunan Mendale's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hunan Mendale stock.
Last ReportedProjected for Next Year
Net Loss-403.4 M-383.2 M
Net Income20.2 M29.9 M
Net Income From Continuing Ops20.6 M21.6 M
At present, Hunan Mendale's Net Income is projected to decrease significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 21.6 M, whereas Net Loss is projected to grow to (383.2 M).
  
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Hunan Mendale Hometextile Company Net Income Analysis

Hunan Mendale's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Hunan Mendale Net Income

    
  22.41 M  
Most of Hunan Mendale's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hunan Mendale Hometextile is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Hunan Operating Income

Operating Income

65.19 Million

At present, Hunan Mendale's Operating Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Hunan Mendale Hometextile reported net income of 22.41 M. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The net income for all China stocks is notably lower than that of the firm.

Hunan Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hunan Mendale's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hunan Mendale could also be used in its relative valuation, which is a method of valuing Hunan Mendale by comparing valuation metrics of similar companies.
Hunan Mendale is currently under evaluation in net income category among its peers.

Hunan Fundamentals

About Hunan Mendale Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hunan Mendale Hometextile's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hunan Mendale using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hunan Mendale Hometextile based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Hunan Stock

Hunan Mendale financial ratios help investors to determine whether Hunan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hunan with respect to the benefits of owning Hunan Mendale security.