Shandong Himile Mechanical Stock Net Income

002595 Stock   43.93  0.01  0.02%   
Shandong Himile Mechanical fundamentals help investors to digest information that contributes to Shandong Himile's financial success or failures. It also enables traders to predict the movement of Shandong Stock. The fundamental analysis module provides a way to measure Shandong Himile'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 Shandong Himile stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares1.2 B1.3 B
Net Income1.6 B1.7 B
Net Income From Continuing Ops1.6 BB
At present, Shandong Himile's Net Income Applicable To Common Shares is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 1.7 B, whereas Net Income From Continuing Ops is forecasted to decline to about 1 B.
  
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Shandong Himile Mechanical Company Net Income Analysis

Shandong Himile'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 Shandong Himile Net Income

    
  1.61 B  
Most of Shandong Himile'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, Shandong Himile Mechanical 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

Shandong Operating Income

Operating Income

1.89 Billion

At present, Shandong Himile's Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Shandong Himile Mechanical reported net income of 1.61 B. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The net income for all China stocks is 182.34% lower than that of the firm.

Shandong Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shandong Himile'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 Shandong Himile could also be used in its relative valuation, which is a method of valuing Shandong Himile by comparing valuation metrics of similar companies.
Shandong Himile is currently under evaluation in net income category among its peers.

Shandong Fundamentals

About Shandong Himile Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shandong Himile Mechanical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shandong Himile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shandong Himile Mechanical 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 Shandong Stock

Shandong Himile financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Himile security.