Sinomine Resource Exploration Stock Net Income

002738 Stock   37.34  0.44  1.16%   
Sinomine Resource Exploration fundamentals help investors to digest information that contributes to Sinomine Resource's financial success or failures. It also enables traders to predict the movement of Sinomine Stock. The fundamental analysis module provides a way to measure Sinomine Resource'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 Sinomine Resource stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares642 M674.1 M
Net Income2.2 B2.3 B
Net Income From Continuing Ops2.2 B2.3 B
The current year's Net Income Applicable To Common Shares is expected to grow to about 674.1 M. The current year's Net Income is expected to grow to about 2.3 B.
  
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Sinomine Resource Exploration Company Net Income Analysis

Sinomine Resource'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 Sinomine Resource Net Income

    
  2.21 B  
Most of Sinomine Resource'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, Sinomine Resource Exploration 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

Sinomine Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(235.41 Million)

At present, Sinomine Resource's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Sinomine Resource Exploration reported net income of 2.21 B. This is 18448.74% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net income for all China stocks is significantly lower than that of the firm.

Sinomine Net Income Peer Comparison

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

Sinomine Fundamentals

About Sinomine Resource Fundamental Analysis

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

Sinomine Resource financial ratios help investors to determine whether Sinomine 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 Sinomine with respect to the benefits of owning Sinomine Resource security.