Hubei Historical Income Statement

002861 Stock   14.54  0.25  1.69%   
Historical analysis of Hubei Yingtong income statement accounts such as Interest Income of 2.3 M, Interest Expense of 9.2 M or Selling General Administrative of 49.1 M can show how well Hubei Yingtong Telecommunication performed in making a profits. Evaluating Hubei Yingtong income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hubei Yingtong's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hubei Yingtong Telec 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 Hubei Yingtong Telec 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 Hubei Yingtong Telecommunication. 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.

About Hubei Income Statement Analysis

Hubei Yingtong Telec 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 Hubei Yingtong shareholders. The income statement also shows Hubei 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).

Hubei Yingtong Income Statement Chart

At present, Hubei Yingtong's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 2.3 M, whereas Net Interest Income is projected to grow to (14.2 M).

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Total Revenue

Total revenue comprises all receipts Hubei Yingtong Telec 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hubei Yingtong Telecommunication minus its cost of goods sold. It is profit before Hubei Yingtong operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Hubei Yingtong Telec 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 Hubei Yingtong Telecommunication 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Hubei Yingtong's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hubei Yingtong Telec 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 Hubei Yingtong Telecommunication. 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, Hubei Yingtong's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 2.3 M, whereas Net Interest Income is projected to grow to (14.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit202.5M127.8M136.8M164.5M
Total Revenue1.0B724.9M754.2M971.5M

Hubei Yingtong income statement Correlations

0.82-0.71-0.86-0.720.160.760.870.820.9-0.86-0.8-0.830.850.820.990.71-0.9
0.82-0.42-0.62-0.440.540.940.940.950.9-0.66-0.56-0.60.950.950.850.92-0.95
-0.71-0.420.720.950.45-0.2-0.41-0.39-0.560.890.940.93-0.43-0.39-0.7-0.240.52
-0.86-0.620.720.820.05-0.53-0.74-0.69-0.820.750.870.89-0.72-0.69-0.87-0.580.8
-0.72-0.440.950.820.47-0.25-0.44-0.4-0.560.910.990.98-0.44-0.4-0.71-0.250.56
0.160.540.450.050.470.690.570.610.440.240.340.30.570.610.210.74-0.43
0.760.94-0.2-0.53-0.250.690.930.910.84-0.5-0.37-0.410.910.910.80.93-0.87
0.870.94-0.41-0.74-0.440.570.930.990.98-0.59-0.56-0.60.990.990.90.96-0.96
0.820.95-0.39-0.69-0.40.610.910.990.97-0.56-0.53-0.571.01.00.860.98-0.95
0.90.9-0.56-0.82-0.560.440.840.980.97-0.66-0.67-0.710.980.970.930.92-0.95
-0.86-0.660.890.750.910.24-0.5-0.59-0.56-0.660.930.94-0.6-0.56-0.84-0.410.71
-0.8-0.560.940.870.990.34-0.37-0.56-0.53-0.670.931.0-0.57-0.53-0.8-0.380.68
-0.83-0.60.930.890.980.3-0.41-0.6-0.57-0.710.941.0-0.61-0.57-0.83-0.420.72
0.850.95-0.43-0.72-0.440.570.910.991.00.98-0.6-0.57-0.611.00.890.97-0.96
0.820.95-0.39-0.69-0.40.610.910.991.00.97-0.56-0.53-0.571.00.860.98-0.95
0.990.85-0.7-0.87-0.710.210.80.90.860.93-0.84-0.8-0.830.890.860.77-0.92
0.710.92-0.24-0.58-0.250.740.930.960.980.92-0.41-0.38-0.420.970.980.77-0.89
-0.9-0.950.520.80.56-0.43-0.87-0.96-0.95-0.950.710.680.72-0.96-0.95-0.92-0.89
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Hubei Yingtong Account Relationship Matchups

Hubei Yingtong income statement Accounts

201920202021202220232024 (projected)
Tax Provision8.7M8.6M(7.6M)3.0M5.5M6.2M
Net Interest Income(540.0K)(8.4M)(14.6M)(15.5M)(15.0M)(14.2M)
Interest Income2.4M4.2M3.0M945.0K1.5M2.3M
Interest Expense5.5M12.4M16.9M15.6M16.3M9.2M
Selling General Administrative64.6M41.6M54.4M47.6M49.8M49.1M
Total Revenue1.1B1.2B1.0B724.9M754.2M971.5M
Gross Profit267.6M266.2M202.5M127.8M136.8M164.5M
Other Operating Expenses6.3M6.0M529.4K1.4M1.3M1.2M
Operating Income73.3M79.6M(15.6M)(41.9M)(22.4M)(21.3M)
Net Income From Continuing Ops71.2M44.9M(36.3M)(117.6M)(79.0M)(75.1M)
Ebit67.3M66.5M(15.6M)(41.9M)(37.7M)(35.8M)
Research Development56.3M82.9M89.9M49.9M44.1M60.0M
Cost Of Revenue840.2M941.6M844.2M597.1M617.4M745.2M
Total Operating Expenses1.0B1.1B1.1B766.8M776.7M922.8M
Income Before Tax79.9M53.5M(44.0M)(114.7M)(73.6M)(69.9M)
Net Income Applicable To Common Shares71.2M44.9M(36.3M)(117.6M)(105.9M)(100.6M)
Net Income71.2M44.9M(36.3M)(117.6M)(79.0M)(75.1M)
Income Tax Expense8.7M8.6M(7.6M)3.0M2.7M2.5M
Ebitda121.0M105.5M28.6M(38.9M)(35.0M)(33.3M)
Reconciled Depreciation35.7M39.5M55.7M60.1M58.0M46.3M

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Other Information on Investing in Hubei Stock

Hubei Yingtong Telec 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 Hubei Yingtong shareholders. The income statement also shows Hubei 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).