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.
 
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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.
  
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.

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

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.

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.

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 Profit996.0M1.0B929.5M874.7M
Total Revenue13.0B14.5B15.5B11.1B

Guangdong Tianhe income statement Correlations

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Guangdong Tianhe Account Relationship Matchups

Guangdong Tianhe income statement Accounts

201920202021202220232024 (projected)
Tax Provision21.1M26.8M40.2M53.4M47.2M36.7M
Net Interest Income(57.5M)(55.7M)(38.5M)(32.7M)(31.6M)(33.2M)
Interest Expense61.6M55.3M42.4M41.0M35.1M38.4M
Selling General Administrative508.0M488.3M592.4M595.9M552.7M560.7M
Total Revenue9.0B10.0B13.0B14.5B15.5B11.1B
Gross Profit724.7M791.4M996.0M1.0B929.5M874.7M
Other Operating Expenses4.8M8.7M4.9M17.4M20.0M21.0M
Operating Income217.9M211.8M296.6M312.7M261.2M251.9M
Net Income From Continuing Ops111.2M109.4M153.1M146.8M92.6M116.4M
Ebit183.5M174.6M296.6M236.0M271.4M212.4M
Research Development1.7M1.1M2.0M3.9M4.0M3.2M
Cost Of Revenue8.3B9.2B12.0B13.5B14.6B10.2B
Total Operating Expenses8.8B9.8B12.7B14.2B15.3B10.8B
Income Before Tax132.3M136.2M193.3M200.2M139.8M153.1M
Net Income Applicable To Common Shares77.4M79.5M98.0M106.1M122.0M85.3M
Net Income77.4M79.5M98.0M106.1M100.2M88.4M
Income Tax Expense21.1M26.8M40.2M53.4M61.5M34.5M
Minority Interest176.7M197.7M(55.1M)(40.7M)7.6M7.2M
Interest Income3.6M3.9M8.4M14.5M9.8M8.0M
Ebitda218.3M219.0M275.7M287.9M331.1M254.5M
Reconciled Depreciation24.3M27.6M40.0M46.7M58.3M37.5M

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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).