Hengyi Historical Income Statement

000703 Stock   5.93  0.12  1.98%   
Historical analysis of Hengyi Petrochemical income statement accounts such as Selling General Administrative of 336 M, Total Revenue of 164.4 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 164.4 B, whereas Selling General Administrative is forecasted to decline to about 336 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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.

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 Hengyi Petrochemical Co whose combined shares represent less than 50% of the total outstanding shares issued by Hengyi Petrochemical have a minority interest in Hengyi Petrochemical.
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 164.4 B, whereas Selling General Administrative is forecasted to decline to about 336 M.
 2022 2023 2024 2025 (projected)
Operating Income1.5B2.8B3.2B1.7B
Total Revenue152.1B136.1B156.6B164.4B

Hengyi Petrochemical income statement Correlations

0.250.510.240.370.390.22-0.170.460.660.390.420.370.270.120.21-0.170.220.490.28
0.250.551.00.020.09-0.27-0.170.79-0.330.130.520.90.940.84-0.08-0.930.90.630.9
0.510.550.530.80.80.570.310.890.370.780.820.660.580.630.63-0.480.670.860.57
0.241.00.530.00.06-0.29-0.180.78-0.350.110.50.90.940.84-0.1-0.930.890.620.9
0.370.020.80.00.980.920.620.520.610.930.740.110.020.30.890.090.150.63-0.03
0.390.090.80.060.980.850.570.560.590.930.780.140.050.350.850.050.160.670.0
0.22-0.270.57-0.290.920.850.750.240.630.810.53-0.15-0.240.070.910.35-0.090.42-0.29
-0.17-0.170.31-0.180.620.570.750.150.110.650.4-0.17-0.170.220.780.29-0.030.23-0.28
0.460.790.890.780.520.560.240.150.160.640.830.870.810.810.45-0.750.880.920.8
0.66-0.330.37-0.350.610.590.630.110.160.580.39-0.11-0.29-0.190.570.35-0.210.36-0.25
0.390.130.780.110.930.930.810.650.640.580.860.220.150.450.9-0.010.260.730.08
0.420.520.820.50.740.780.530.40.830.390.860.520.470.750.66-0.410.550.920.44
0.370.90.660.90.110.14-0.15-0.170.87-0.110.220.520.960.790.04-0.90.960.670.96
0.270.940.580.940.020.05-0.24-0.170.81-0.290.150.470.960.81-0.08-0.910.940.590.95
0.120.840.630.840.30.350.070.220.81-0.190.450.750.790.810.26-0.740.820.70.73
0.21-0.080.63-0.10.890.850.910.780.450.570.90.660.04-0.080.260.150.130.59-0.11
-0.17-0.93-0.48-0.930.090.050.350.29-0.750.35-0.01-0.41-0.9-0.91-0.740.15-0.93-0.6-0.97
0.220.90.670.890.150.16-0.09-0.030.88-0.210.260.550.960.940.820.13-0.930.710.96
0.490.630.860.620.630.670.420.230.920.360.730.920.670.590.70.59-0.60.710.62
0.280.90.570.9-0.030.0-0.29-0.280.8-0.250.080.440.960.950.73-0.11-0.970.960.62
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Hengyi Petrochemical Account Relationship Matchups

Hengyi Petrochemical income statement Accounts

202020212022202320242025 (projected)
Interest Expense1.9B2.1B2.7B3.3B3.8B4.0B
Selling General Administrative410.9M1.3B506.7M420.0M483.0M336.0M
Total Revenue86.4B129.0B152.1B136.1B156.6B164.4B
Operating Income4.7B5.5B1.5B2.8B3.2B1.7B
Cost Of Revenue80.4B121.6B148.5B131.0B150.7B158.2B
Income Before Tax4.5B4.3B(1.1B)399.8M459.8M436.8M
Net Income Applicable To Common Shares3.2B3.1B3.4B(1.1B)(1.2B)(1.2B)
Net Income3.1B3.4B(1.1B)435.5M500.8M949.2M
Income Tax Expense746.6M705.0M344.6M(184.9M)(212.6M)(202.0M)
Minority Interest6.3B(550.3M)(155.1M)66.8M76.8M73.0M
Gross Profit6.0B7.4B3.5B5.1B5.9B4.4B
Other Operating Expenses128.2M65.3M171.1M9.7M11.2M10.7M
Net Income From Continuing Ops3.8B4.0B(924.4M)368.7M424.0M402.8M
Ebit3.9B4.4B5.1B1.5B1.8B3.0B
Research Development352.0M687.0M668.7M716.3M823.8M413.0M
Total Operating Expenses81.7B123.5B150.5B133.3B153.3B94.2B
Tax Provision705.0M344.6M(184.9M)31.2M28.0M26.6M
Net Interest Income(2.0B)(2.1B)(2.9B)(3.4B)(3.0B)(2.9B)
Interest Income185.9M166.6M193.7M217.6M250.3M150.5M
Ebitda7.3B8.7B9.3B4.7B5.5B6.8B
Reconciled Depreciation2.3B2.9B3.2B3.3B3.8B2.4B

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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).