Bank Historical Income Statement

002948 Stock

3.84 0.05 1.32%

Historical analysis of Bank of Qingdao income statement accounts such as Selling General Administrative of 1.1 B, Total Revenue of 9.1 B or Gross Profit of 5.4 B can show how well Bank of Qingdao performed in making a profits. Evaluating Bank of Qingdao income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bank of Qingdao's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Bank of Qingdao 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 Bank of Qingdao is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Qingdao. 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 Bank Income Statement Analysis

Bank of Qingdao 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 Bank of Qingdao shareholders. The income statement also shows Bank 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).

Bank of Qingdao Income Statement Chart

At present, Bank of Qingdao's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 271.5 M, whereas Interest Expense is forecasted to decline to about 7.1 B.

Gross Profit Other Operating Expenses Income Before Tax Tax Provision

Add Fundamental

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bank of Qingdao minus its cost of goods sold. It is profit before Bank of Qingdao 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank of Qingdao. It is also known as Bank of Qingdao 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bank of Qingdao income statement and is an important metric when analyzing Bank of Qingdao profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Bank of Qingdao's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bank of Qingdao 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 Bank of Qingdao. 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.

	2023	2024 (projected)
Gross Profit	6.9B	5.4B
Total Revenue	11.0B	9.1B

Gross Profit Total Revenue

Bank of Qingdao income statement Correlations

	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Total Operating Expenses	Income Before Tax	Net Income	Income Tax Expense	Minority Interest	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Selling General Administrative		-0.43	-0.27	0.01	-0.35	-0.21	-0.23	-0.23	-0.21	0.12	0.03	0.24	-0.08	-0.24	-0.23
Total Revenue	-0.43		0.96	0.57	0.93	0.91	0.95	0.87	0.91	-0.82	-0.66	-0.86	0.9	0.96	0.94
Gross Profit	-0.27	0.96		0.56	0.97	0.92	0.99	0.91	0.92	-0.76	-0.62	-0.76	0.93	0.92	0.9
Other Operating Expenses	0.01	0.57	0.56		0.64	0.76	0.51	0.76	0.77	-0.89	-0.84	-0.68	0.69	0.71	0.77
Operating Income	-0.35	0.93	0.97	0.64		0.93	0.93	0.95	0.93	-0.78	-0.66	-0.72	0.92	0.91	0.88
Net Income From Continuing Ops	-0.21	0.91	0.92	0.76	0.93		0.89	0.98	1.0	-0.91	-0.85	-0.86	0.93	0.96	0.96
Total Operating Expenses	-0.23	0.95	0.99	0.51	0.93	0.89		0.87	0.89	-0.74	-0.58	-0.76	0.92	0.91	0.89
Income Before Tax	-0.23	0.87	0.91	0.76	0.95	0.98	0.87		0.98	-0.86	-0.84	-0.74	0.9	0.91	0.92
Net Income	-0.21	0.91	0.92	0.77	0.93	1.0	0.89	0.98		-0.91	-0.86	-0.85	0.93	0.96	0.96
Income Tax Expense	0.12	-0.82	-0.76	-0.89	-0.78	-0.91	-0.74	-0.86	-0.91		0.88	0.91	-0.87	-0.93	-0.94
Minority Interest	0.03	-0.66	-0.62	-0.84	-0.66	-0.85	-0.58	-0.84	-0.86	0.88		0.76	-0.72	-0.78	-0.84
Tax Provision	0.24	-0.86	-0.76	-0.68	-0.72	-0.86	-0.76	-0.74	-0.85	0.91	0.76		-0.83	-0.92	-0.91
Net Interest Income	-0.08	0.9	0.93	0.69	0.92	0.93	0.92	0.9	0.93	-0.87	-0.72	-0.83		0.96	0.91
Interest Income	-0.24	0.96	0.92	0.71	0.91	0.96	0.91	0.91	0.96	-0.93	-0.78	-0.92	0.96		0.97
Reconciled Depreciation	-0.23	0.94	0.9	0.77	0.88	0.96	0.89	0.92	0.96	-0.94	-0.84	-0.91	0.91	0.97

Click cells to compare fundamentals

Bank of Qingdao Account Relationship Matchups

Bank of Qingdao income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	7.7B	9.0B	10.6B	11.5B	11.9B	7.1B
Selling General Administrative	727.1M	1.2B	1.1B	1.3B	1.3B	1.1B
Total Revenue	9.6B	9.6B	10.4B	10.4B	11.0B	9.1B
Other Operating Expenses	101.2M	134.0M	169.9M	4.2B	4.9B	5.1B
Net Income From Continuing Ops	2.3B	2.5B	3.0B	3.2B	3.7B	2.7B
Income Before Tax	2.8B	2.7B	3.2B	3.1B	3.9B	3.1B
Net Income Applicable To Common Shares	1.8B	1.9B	2.4B	3.1B	3.5B	2.3B
Net Income	2.3B	2.4B	2.9B	3.1B	3.5B	2.7B
Income Tax Expense	493.0M	275.0M	232.2M	(31.6M)	(28.4M)	(27.0M)
Minority Interest	562.5M	621.7M	(70.5M)	(84.8M)	(122.8M)	(116.7M)
Tax Provision	493.0M	275.0M	232.2M	(31.6M)	262.0M	271.5M
Net Interest Income	6.8B	8.1B	7.6B	8.3B	9.3B	7.5B
Interest Income	14.5B	17.2B	18.2B	19.8B	21.1B	17.1B
Reconciled Depreciation	409.7M	428.9M	493.1M	547.5M	565.2M	497.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Bank Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Bank Historical Income Statement

About Bank Income Statement Analysis

Bank of Qingdao Income Statement Chart

Gross Profit

Other Operating Expenses

Income Before Tax

Tax Provision

Bank of Qingdao income statement Correlations

Bank of Qingdao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Qingdao income statement Accounts

Also Currently Popular

Other Information on Investing in Bank Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income	+ 1.0	Net Income From Continuing Ops
Total Operating Expenses	+ 0.99	Gross Profit
Income Before Tax	+ 0.98	Net Income From Continuing Ops
Net Income	+ 0.98	Income Before Tax
Operating Income	+ 0.97	Gross Profit
Reconciled Depreciation	+ 0.97	Interest Income

Reconciled Depreciation	- 0.94	Income Tax Expense
Interest Income	- 0.93	Income Tax Expense
Interest Income	- 0.92	Tax Provision
Reconciled Depreciation	- 0.91	Tax Provision
Income Tax Expense	- 0.91	Net Income
Income Tax Expense	- 0.91	Net Income From Continuing Ops