Zhongrun Historical Income Statement

000506 Stock   3.03  0.04  1.30%   
Historical analysis of Zhongrun Resources income statement accounts such as Selling General Administrative of 32.1 M, Total Revenue of 270.2 M or Cost Of Revenue of 498.1 M can show how well Zhongrun Resources Investment performed in making a profits. Evaluating Zhongrun Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Zhongrun Resources's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Zhongrun Resources 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 Zhongrun Resources 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 Zhongrun Resources Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Zhongrun Income Statement Analysis

Zhongrun Resources 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 Zhongrun Resources shareholders. The income statement also shows Zhongrun 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).

Zhongrun Resources Income Statement Chart

At present, Zhongrun Resources' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 498.1 M, whereas Selling General Administrative is forecasted to decline to about 32.1 M.

Total Revenue

Total revenue comprises all receipts Zhongrun Resources 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.

Cost Of Revenue

Cost of Revenue is found on Zhongrun Resources income statement and represents the costs associated with goods and services Zhongrun Resources 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zhongrun Resources financial statement analysis. It represents the amount of money remaining after all of Zhongrun Resources Investment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Zhongrun Resources Investment whose combined shares represent less than 50% of the total outstanding shares issued by Zhongrun Resources have a minority interest in Zhongrun Resources.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zhongrun Resources. It is also known as Zhongrun Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Zhongrun Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Zhongrun Resources 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 Zhongrun Resources Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Zhongrun Resources' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 498.1 M, whereas Selling General Administrative is forecasted to decline to about 32.1 M.

Zhongrun Resources income statement Correlations

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0.660.650.870.260.190.690.670.570.53-0.050.230.590.140.510.110.55-0.560.14
0.490.650.260.40.280.920.610.770.670.030.540.610.450.740.330.74-0.680.04
0.580.870.260.110.090.350.510.310.3-0.080.00.45-0.040.26-0.050.28-0.30.13
0.140.260.40.110.990.570.340.380.480.880.50.420.70.570.680.290.06-0.42
0.080.190.280.090.990.460.280.30.420.910.430.360.660.50.670.220.14-0.46
0.630.690.920.350.570.460.680.750.710.260.560.670.560.780.420.69-0.55-0.05
0.660.670.610.510.340.280.680.670.640.070.350.560.210.580.420.72-0.66-0.07
0.620.570.770.310.380.30.750.670.940.10.590.880.520.940.490.97-0.87-0.03
0.560.530.670.30.480.420.710.640.940.20.450.950.50.880.60.92-0.76-0.18
-0.04-0.050.03-0.080.880.910.260.070.10.20.430.140.640.360.610.020.36-0.47
0.150.230.540.00.50.430.560.350.590.450.430.330.880.750.270.46-0.310.14
0.660.590.610.450.420.360.670.560.880.950.140.330.390.820.420.84-0.73-0.05
0.050.140.45-0.040.70.660.560.210.520.50.640.880.390.740.420.37-0.11-0.05
0.540.510.740.260.570.50.780.580.940.880.360.750.820.740.550.87-0.67-0.08
0.180.110.33-0.050.680.670.420.420.490.60.610.270.420.420.550.53-0.2-0.84
0.610.550.740.280.290.220.690.720.970.920.020.460.840.370.870.53-0.91-0.09
-0.6-0.56-0.68-0.30.060.14-0.55-0.66-0.87-0.760.36-0.31-0.73-0.11-0.67-0.2-0.91-0.18
0.020.140.040.13-0.42-0.46-0.05-0.07-0.03-0.18-0.470.14-0.05-0.05-0.08-0.84-0.09-0.18
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Zhongrun Resources Account Relationship Matchups

Zhongrun Resources income statement Accounts

201920202021202220232024 (projected)
Interest Expense69.3M74.0M68.6M42.8M44.4M46.6M
Selling General Administrative33.7M27.1M112.9M39.6M33.8M32.1M
Total Revenue515.4M425.1M906.4M277.1M284.4M270.2M
Operating Income(62.9M)37.3M(24.3M)(112.1M)(93.8M)(89.1M)
Cost Of Revenue479.5M296.1M798.4M294.3M293.1M498.1M
Income Before Tax(30.2M)(484.5M)(126.9M)218.3M15.7M14.9M
Net Income Applicable To Common Shares(18.2M)(492.8M)(129.1M)253.0M227.7M239.1M
Net Income(18.2M)(492.8M)(129.1M)253.0M30.0M34.6M
Income Tax Expense1.9M1.2M10.3M(4.5M)(4.1M)(3.9M)
Minority Interest46.1M39.0M8.1M30.2M13.7M13.0M
Gross Profit35.9M128.9M108.0M(17.1M)(8.8M)(8.3M)
Other Operating Expenses13.2M20.8M19.4M12.6M11.4M10.8M
Net Income From Continuing Ops(32.1M)(485.8M)(137.2M)222.8M16.3M17.1M
Ebit(69.0M)15.0M(24.3M)(112.6M)(101.3M)(96.2M)
Total Operating Expenses578.3M387.8M930.7M389.2M378.2M542.8M
Tax Provision1.9M1.2M10.3M(4.5M)(577.3K)(548.4K)
Net Interest Income(67.7M)(70.5M)(76.7M)(42.8M)(44.4M)(46.6M)
Interest Income1.7M3.6M935.6K105.7K14.5K13.8K
Ebitda177.8M(276.2M)77.6M356.6M410.1M430.6M
Reconciled Depreciation138.7M134.3M135.9M95.5M89.7M93.6M

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Other Information on Investing in Zhongrun Stock

Zhongrun Resources 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 Zhongrun Resources shareholders. The income statement also shows Zhongrun 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).