Hengyi Historical Income Statement

000703 Stock   6.11  0.09  1.50%   
Historical analysis of Hengyi Petrochemical income statement accounts such as Selling General Administrative of 336 M, Total Revenue of 143 B or Operating Income of 1.7 B can show how well Hengyi Petrochemical Co performed in making a profits. Evaluating Hengyi Petrochemical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hengyi Petrochemical's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hengyi Petrochemical 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 Hengyi Petrochemical 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 Hengyi Petrochemical Co. 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 Hengyi Income Statement Analysis

Hengyi Petrochemical 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 Hengyi Petrochemical shareholders. The income statement also shows Hengyi 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).

Hengyi Petrochemical Income Statement Chart

At present, Hengyi Petrochemical's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 143 B, whereas Selling General Administrative is forecasted to decline to about 336 M.

Total Revenue

Total revenue comprises all receipts Hengyi Petrochemical 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.

Operating Income

Operating Income is the amount of profit realized from Hengyi Petrochemical operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hengyi Petrochemical Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Hengyi Petrochemical income statement and represents the costs associated with goods and services Hengyi Petrochemical 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.
Most accounts from Hengyi Petrochemical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hengyi Petrochemical 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 Hengyi Petrochemical Co. 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, Hengyi Petrochemical's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 143 B, whereas Selling General Administrative is forecasted to decline to about 336 M.
 2021 2022 2023 2024 (projected)
Operating Income5.5B1.5B2.8B1.7B
Total Revenue129.0B152.1B136.1B143.0B

Hengyi Petrochemical income statement Correlations

0.310.520.30.370.40.23-0.170.480.690.390.420.420.310.120.21-0.170.260.490.33
0.310.561.00.110.12-0.14-0.090.78-0.220.220.60.910.960.840.0-0.910.90.680.91
0.520.560.530.850.840.660.360.890.450.820.850.660.570.620.69-0.440.680.870.56
0.31.00.530.080.09-0.17-0.10.76-0.240.20.580.910.960.84-0.02-0.910.90.670.91
0.370.110.850.080.990.920.610.610.60.920.730.210.10.340.880.050.250.640.06
0.40.120.840.090.990.880.570.620.610.940.750.210.110.360.860.050.240.640.06
0.23-0.140.66-0.170.920.880.740.370.590.820.53-0.01-0.120.140.910.290.060.44-0.17
-0.17-0.090.36-0.10.610.570.740.220.060.650.39-0.1-0.090.270.780.240.070.23-0.21
0.480.780.890.760.610.620.370.220.290.720.90.860.780.790.55-0.710.880.960.78
0.69-0.220.45-0.240.60.610.590.060.290.580.390.04-0.18-0.140.550.28-0.080.38-0.12
0.390.220.820.20.920.940.820.650.720.580.850.320.230.490.9-0.040.360.730.16
0.420.60.850.580.730.750.530.390.90.390.850.630.560.780.66-0.480.670.930.55
0.420.910.660.910.210.21-0.01-0.10.860.040.320.630.950.80.14-0.870.950.750.94
0.310.960.570.960.10.11-0.12-0.090.78-0.180.230.560.950.810.0-0.870.920.650.94
0.120.840.620.840.340.360.140.270.79-0.140.490.780.80.810.31-0.730.830.720.73
0.210.00.69-0.020.880.860.910.780.550.550.90.660.140.00.310.10.250.6-0.02
-0.17-0.91-0.44-0.910.050.050.290.24-0.710.28-0.04-0.48-0.87-0.87-0.730.1-0.91-0.66-0.96
0.260.90.680.90.250.240.060.070.88-0.080.360.670.950.920.830.25-0.910.80.95
0.490.680.870.670.640.640.440.230.960.380.730.930.750.650.720.6-0.660.80.71
0.330.910.560.910.060.06-0.17-0.210.78-0.120.160.550.940.940.73-0.02-0.960.950.71
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Hengyi Petrochemical Account Relationship Matchups

Hengyi Petrochemical income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.0B1.9B2.1B2.7B3.3B3.5B
Selling General Administrative580.2M410.9M1.3B506.7M420.0M336.0M
Total Revenue79.6B86.4B129.0B152.1B136.1B143.0B
Operating Income4.4B4.7B5.5B1.5B2.8B1.7B
Cost Of Revenue74.0B80.4B121.6B148.5B131.0B137.6B
Income Before Tax4.8B4.5B4.3B(1.1B)399.8M379.8M
Net Income Applicable To Common Shares3.2B3.1B3.4B(1.1B)(1.2B)(1.2B)
Net Income3.2B3.1B3.4B(1.1B)435.5M413.7M
Income Tax Expense746.6M705.0M344.6M(184.9M)(212.6M)(202.0M)
Minority Interest5.8B6.3B(550.3M)(155.1M)66.8M63.4M
Gross Profit5.6B6.0B7.4B3.5B5.1B4.4B
Other Operating Expenses128.2M65.3M171.1M9.7M11.2M10.7M
Net Income From Continuing Ops4.0B3.8B4.0B(924.4M)368.7M350.2M
Ebit3.9B4.4B5.1B1.5B1.8B3.0B
Research Development492.7M352.0M687.0M668.7M716.3M413.0M
Total Operating Expenses75.2B81.7B123.5B150.5B133.3B94.2B
Tax Provision750.4M705.0M344.6M(184.9M)31.2M29.6M
Net Interest Income(980.6M)(2.0B)(2.1B)(2.9B)(3.4B)(3.2B)
Interest Income149.6M185.9M166.6M193.7M217.6M150.5M
Ebitda7.3B8.7B9.3B4.7B5.5B6.8B
Reconciled Depreciation1.5B2.3B2.9B3.2B3.3B2.4B

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Other Information on Investing in Hengyi Stock

Hengyi Petrochemical 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 Hengyi Petrochemical shareholders. The income statement also shows Hengyi 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).