Chongqing Historical Income Statement

002996 Stock   6.69  0.04  0.60%   
Historical analysis of Chongqing Shunbo income statement accounts such as Interest Income of 22.6 M, Interest Expense of 45.1 M or Selling General Administrative of 49.4 M can show how well Chongqing Shunbo Aluminum performed in making a profits. Evaluating Chongqing Shunbo income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chongqing Shunbo's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Chongqing Shunbo Aluminum 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 Chongqing Shunbo Aluminum 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 Chongqing Shunbo Aluminum. 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 Chongqing Income Statement Analysis

Chongqing Shunbo Aluminum 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 Chongqing Shunbo shareholders. The income statement also shows Chongqing 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).

Chongqing Shunbo Income Statement Chart

At present, Chongqing Shunbo's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 353.3 M, whereas Tax Provision is forecasted to decline to about 7.2 M.

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.

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 Chongqing Shunbo Aluminum 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 Chongqing Shunbo Aluminum minus its cost of goods sold. It is profit before Chongqing Shunbo 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.

Cost Of Revenue

Cost of Revenue is found on Chongqing Shunbo Aluminum income statement and represents the costs associated with goods and services Chongqing Shunbo 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 Chongqing Shunbo's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chongqing Shunbo Aluminum 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 Chongqing Shunbo Aluminum. 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, Chongqing Shunbo's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 353.3 M, whereas Tax Provision is forecasted to decline to about 7.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit557.8M304.9M181.1M353.3M
Total Revenue10.0B11.1B11.9B7.4B

Chongqing Shunbo income statement Correlations

0.1-0.350.060.150.730.030.620.720.170.130.130.740.710.22-0.040.28-0.06
0.1-0.72-0.22-0.63-0.31-0.77-0.53-0.36-0.58-0.63-0.63-0.34-0.39-0.580.46-0.54-0.57
-0.35-0.720.520.790.180.670.490.30.760.80.80.270.330.73-0.680.730.82
0.06-0.220.520.680.330.170.50.360.630.680.680.350.360.73-0.090.450.8
0.15-0.630.790.680.370.790.730.520.981.01.00.490.550.98-0.690.860.96
0.73-0.310.180.330.370.160.90.980.340.350.350.980.970.41-0.260.570.2
0.03-0.770.670.170.790.160.510.310.80.790.790.280.350.73-0.720.750.67
0.62-0.530.490.50.730.90.510.960.70.710.710.950.970.74-0.550.830.56
0.72-0.360.30.360.520.980.310.960.50.50.51.01.00.54-0.430.720.33
0.17-0.580.760.630.980.340.80.70.50.980.980.470.530.98-0.680.90.93
0.13-0.630.80.681.00.350.790.710.50.981.00.470.530.98-0.690.850.96
0.13-0.630.80.681.00.350.790.710.50.981.00.470.530.98-0.690.850.96
0.74-0.340.270.350.490.980.280.951.00.470.470.471.00.52-0.410.690.3
0.71-0.390.330.360.550.970.350.971.00.530.530.531.00.57-0.470.740.36
0.22-0.580.730.730.980.410.730.740.540.980.980.980.520.57-0.60.860.95
-0.040.46-0.68-0.09-0.69-0.26-0.72-0.55-0.43-0.68-0.69-0.69-0.41-0.47-0.6-0.8-0.54
0.28-0.540.730.450.860.570.750.830.720.90.850.850.690.740.86-0.80.74
-0.06-0.570.820.80.960.20.670.560.330.930.960.960.30.360.95-0.540.74
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Chongqing Shunbo Account Relationship Matchups

Chongqing Shunbo income statement Accounts

201920202021202220232024 (projected)
Tax Provision33.3M35.1M53.5M38.1M7.6M7.2M
Net Interest Income(33.4M)(31.7M)(60.1M)(56.4M)(69.1M)(72.6M)
Interest Income503.2K3.2M10.9M10.2M21.5M22.6M
Interest Expense32.6M33.8M68.8M64.1M88.2M45.1M
Selling General Administrative48.6M57.0M44.4M47.6M59.1M49.4M
Total Revenue4.4B4.9B10.0B11.1B11.9B7.4B
Gross Profit318.9M374.2M557.8M304.9M181.1M353.3M
Other Operating Expenses7.8M3.6M5.6M13.2M15.2M9.2M
Operating Income254.7M304.3M582.1M358.9M264.7M335.4M
Net Income From Continuing Ops175.8M220.8M386.0M206.9M121.5M214.5M
Ebit208.0M233.1M267.8M398.9M458.7M284.9M
Cost Of Revenue4.0B4.5B9.4B10.8B11.8B7.0B
Total Operating Expenses4.1B4.6B9.4B10.7B11.7B7.0B
Income Before Tax209.1M255.8M439.4M245.0M129.1M248.0M
Net Income Applicable To Common Shares143.9M168.2M195.8M342.2M393.5M209.1M
Net Income168.2M195.8M342.2M199.8M124.9M201.5M
Income Tax Expense27.2M33.3M35.1M53.5M61.5M36.4M
Minority Interest98.4M155.1M(43.8M)(7.2M)3.4M3.3M
Ebitda286.8M338.3M567.7M414.9M477.2M398.9M
Reconciled Depreciation45.0M48.7M59.4M77.4M100.0M62.9M

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Other Information on Investing in Chongqing Stock

Chongqing Shunbo Aluminum 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 Chongqing Shunbo shareholders. The income statement also shows Chongqing 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).