Guangdong Historical Income Statement
002999 Stock | 6.46 0.04 0.62% |
Historical analysis of Guangdong Tianhe income statement accounts such as Interest Expense of 38.4 M, Selling General Administrative of 560.7 M or Total Revenue of 11.1 B can show how well Guangdong Tianhe Agricultural performed in making a profits. Evaluating Guangdong Tianhe income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Guangdong Tianhe's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Guangdong Tianhe Agr 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 Guangdong Tianhe Agr is a good buy for the upcoming year.
Guangdong |
About Guangdong Income Statement Analysis
Guangdong Tianhe Agr 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 Guangdong Tianhe shareholders. The income statement also shows Guangdong 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).
Guangdong Tianhe Income Statement Chart
Add Fundamental
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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Guangdong Tianhe Agricultural minus its cost of goods sold. It is profit before Guangdong Tianhe 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 Guangdong Tianhe Agr 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 Guangdong Tianhe Agricultural 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.Cost Of Revenue
Cost of Revenue is found on Guangdong Tianhe Agr income statement and represents the costs associated with goods and services Guangdong Tianhe 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 Guangdong Tianhe's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Guangdong Tianhe Agr 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 Guangdong Tianhe Agricultural. 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, Guangdong Tianhe's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 560.7 M, whereas Tax Provision is forecasted to decline to about 36.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 996.0M | 1.0B | 929.5M | 874.7M | Total Revenue | 13.0B | 14.5B | 15.5B | 11.1B |
Guangdong Tianhe income statement Correlations
Click cells to compare fundamentals
Guangdong Tianhe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangdong Tianhe income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 21.1M | 26.8M | 40.2M | 53.4M | 47.2M | 36.7M | |
Net Interest Income | (57.5M) | (55.7M) | (38.5M) | (32.7M) | (31.6M) | (33.2M) | |
Interest Expense | 61.6M | 55.3M | 42.4M | 41.0M | 35.1M | 38.4M | |
Selling General Administrative | 508.0M | 488.3M | 592.4M | 595.9M | 552.7M | 560.7M | |
Total Revenue | 9.0B | 10.0B | 13.0B | 14.5B | 15.5B | 11.1B | |
Gross Profit | 724.7M | 791.4M | 996.0M | 1.0B | 929.5M | 874.7M | |
Other Operating Expenses | 4.8M | 8.7M | 4.9M | 17.4M | 20.0M | 21.0M | |
Operating Income | 217.9M | 211.8M | 296.6M | 312.7M | 261.2M | 251.9M | |
Net Income From Continuing Ops | 111.2M | 109.4M | 153.1M | 146.8M | 92.6M | 116.4M | |
Ebit | 183.5M | 174.6M | 296.6M | 236.0M | 271.4M | 212.4M | |
Research Development | 1.7M | 1.1M | 2.0M | 3.9M | 4.0M | 3.2M | |
Cost Of Revenue | 8.3B | 9.2B | 12.0B | 13.5B | 14.6B | 10.2B | |
Total Operating Expenses | 8.8B | 9.8B | 12.7B | 14.2B | 15.3B | 10.8B | |
Income Before Tax | 132.3M | 136.2M | 193.3M | 200.2M | 139.8M | 153.1M | |
Net Income Applicable To Common Shares | 77.4M | 79.5M | 98.0M | 106.1M | 122.0M | 85.3M | |
Net Income | 77.4M | 79.5M | 98.0M | 106.1M | 100.2M | 88.4M | |
Income Tax Expense | 21.1M | 26.8M | 40.2M | 53.4M | 61.5M | 34.5M | |
Minority Interest | 176.7M | 197.7M | (55.1M) | (40.7M) | 7.6M | 7.2M | |
Interest Income | 3.6M | 3.9M | 8.4M | 14.5M | 9.8M | 8.0M | |
Ebitda | 218.3M | 219.0M | 275.7M | 287.9M | 331.1M | 254.5M | |
Reconciled Depreciation | 24.3M | 27.6M | 40.0M | 46.7M | 58.3M | 37.5M |
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.Other Information on Investing in Guangdong Stock
Guangdong Tianhe Agr 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 Guangdong Tianhe shareholders. The income statement also shows Guangdong 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).