Shengtak New Material Stock Net Income

300881 Stock   31.57  0.55  1.77%   
Shengtak New Material fundamentals help investors to digest information that contributes to Shengtak New's financial success or failures. It also enables traders to predict the movement of Shengtak Stock. The fundamental analysis module provides a way to measure Shengtak New'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 Shengtak New stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops126.4 M68.5 M
Net Income Applicable To Common Shares84.5 M58.4 M
Net Income120.5 M67.7 M
As of December 27, 2024, Net Income From Continuing Ops is expected to decline to about 68.5 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 58.4 M.
  
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Shengtak New Material Company Net Income Analysis

Shengtak New'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 Shengtak New Net Income

    
  120.5 M  
Most of Shengtak New'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, Shengtak New Material 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

Shengtak Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

4.16 Million

At present, Shengtak New's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Shengtak New Material reported net income of 120.5 M. This is 1101.33% lower than that of the Metals & Mining sector and 82.67% lower than that of the Materials industry. The net income for all China stocks is 78.9% higher than that of the company.

Shengtak Net Income Peer Comparison

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

Shengtak Fundamentals

About Shengtak New Fundamental Analysis

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

Shengtak New financial ratios help investors to determine whether Shengtak 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 Shengtak with respect to the benefits of owning Shengtak New security.