Shenzhen Historical Income Statement
002168 Stock | 2.82 0.01 0.36% |
Historical analysis of Shenzhen Hifuture income statement accounts such as Net Income of 2 M, Selling General Administrative of 43.6 M or Total Revenue of 486.9 M can show how well Shenzhen Hifuture Electric performed in making a profits. Evaluating Shenzhen Hifuture income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shenzhen Hifuture's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Shenzhen Hifuture 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 Shenzhen Hifuture is a good buy for the upcoming year.
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About Shenzhen Income Statement Analysis
Shenzhen Hifuture 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 Shenzhen Hifuture shareholders. The income statement also shows Shenzhen 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).
Shenzhen Hifuture Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Shenzhen Hifuture 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 Shenzhen Hifuture income statement and represents the costs associated with goods and services Shenzhen Hifuture 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 Shenzhen Hifuture Electric whose combined shares represent less than 50% of the total outstanding shares issued by Shenzhen Hifuture have a minority interest in Shenzhen Hifuture.Most accounts from Shenzhen Hifuture's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shenzhen Hifuture 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 Shenzhen Hifuture Electric. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Shenzhen Hifuture's Net Income is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 486.9 M, whereas Interest Expense is forecasted to decline to about 13.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 114.1M | 70.8M | 74.9M | 71.2M | Research Development | 40.5M | 31.4M | 17.6M | 16.7M |
Shenzhen Hifuture income statement Correlations
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Shenzhen Hifuture Account Relationship Matchups
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Shenzhen Hifuture income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 69.5M | 65.5M | 30.1M | 26.5M | 26.4M | 13.3M | |
Net Income Applicable To Common Shares | 135.0M | (182.9M) | (222.9M) | (114.9M) | (103.4M) | (98.2M) | |
Net Income | 135.0M | (960.4M) | (222.9M) | (114.9M) | 1.9M | 2.0M | |
Selling General Administrative | 394.1M | 411.7M | 175.8M | 60.4M | 45.9M | 43.6M | |
Total Revenue | 1.1B | 785.0M | 329.9M | 244.4M | 254.2M | 486.9M | |
Operating Income | 149.8M | (25.4M) | (176.3M) | (91.0M) | (91.7M) | (87.1M) | |
Cost Of Revenue | 344.2M | 282.0M | 215.8M | 173.6M | 179.3M | 224.5M | |
Income Before Tax | 164.2M | (967.7M) | (259.0M) | (111.9M) | 7.1M | 7.5M | |
Income Tax Expense | (30.1M) | (19.9M) | (5.7M) | 8.8M | 7.9M | 4.0M | |
Research Development | 72.3M | 57.1M | 40.5M | 31.4M | 17.6M | 16.7M | |
Gross Profit | 748.1M | 503.0M | 114.1M | 70.8M | 74.9M | 71.2M | |
Other Operating Expenses | 5.4M | 3.2M | 20.9K | 1.9M | 1.7M | 3.4M | |
Net Income From Continuing Ops | 194.3M | (947.8M) | (253.3M) | (120.7M) | 2.0M | 2.1M | |
Ebit | 198.8M | (83.3M) | (176.3M) | (91.0M) | (81.9M) | (77.8M) | |
Total Operating Expenses | 879.2M | 810.4M | 506.2M | 335.4M | 345.8M | 492.5M | |
Minority Interest | 154.1M | 130.0M | 30.4M | 5.8M | (58.4K) | (55.5K) | |
Tax Provision | (30.1M) | (19.9M) | (5.7M) | 8.8M | 5.2M | 5.4M | |
Net Interest Income | (63.6M) | (63.1M) | (29.3M) | (25.8M) | (26.1M) | (27.4M) | |
Interest Income | 6.1M | 2.6M | 978.7K | 786.4K | 617.8K | 586.9K | |
Ebitda | 246.8M | (888.6M) | (205.9M) | (63.5M) | (57.2M) | (60.1M) | |
Reconciled Depreciation | 13.2M | 13.6M | 22.7M | 21.9M | 25.1M | 19.2M |
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Shenzhen Hifuture 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 Shenzhen Hifuture shareholders. The income statement also shows Shenzhen 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).