Konfoong Historical Income Statement

300666 Stock   63.77  1.58  2.42%   
Historical analysis of Konfoong Materials income statement accounts such as Interest Income of 30.4 M, Interest Expense of 26.7 M or Selling General Administrative of 176 M can show how well Konfoong Materials International performed in making a profits. Evaluating Konfoong Materials income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Konfoong Materials's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Konfoong Materials 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 Konfoong Materials 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 Konfoong Materials International. 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 Konfoong Income Statement Analysis

Konfoong Materials 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 Konfoong Materials shareholders. The income statement also shows Konfoong 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).

Konfoong Materials Income Statement Chart

At present, Konfoong Materials' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 30.4 M, whereas Net Interest Income is forecasted to decline to (3.1 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.

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 Konfoong Materials International minus its cost of goods sold. It is profit before Konfoong Materials 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 Konfoong Materials income statement and represents the costs associated with goods and services Konfoong Materials 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.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Konfoong Materials International whose combined shares represent less than 50% of the total outstanding shares issued by Konfoong Materials have a minority interest in Konfoong Materials.
Most accounts from Konfoong Materials' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Konfoong Materials 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 Konfoong Materials International. 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, Konfoong Materials' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 30.4 M, whereas Net Interest Income is forecasted to decline to (3.1 M).
 2022 2023 2024 2025 (projected)
Gross Profit695.6M759.7M873.7M917.4M
Total Revenue2.3B2.6B3.0B3.1B

Konfoong Materials income statement Correlations

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Konfoong Materials Account Relationship Matchups

Konfoong Materials income statement Accounts

202020212022202320242025 (projected)
Tax Provision20.9M5.0M60.0M69.0M79.4M83.4M
Net Interest Income(20.5M)(43.8M)(54.7M)(3.3M)(2.9M)(3.1M)
Interest Income1.7M4.2M10.3M25.2M29.0M30.4M
Interest Expense21.6M47.2M63.8M27.7M31.9M26.7M
Selling General Administrative65.4M79.7M106.5M145.8M167.6M176.0M
Total Revenue1.2B1.6B2.3B2.6B3.0B3.1B
Gross Profit327.7M407.4M695.6M759.7M873.7M917.4M
Other Operating Expenses4.9M5.4M9.2M9.9M11.4M6.6M
Operating Income124.4M167.7M321.5M294.6M338.8M355.7M
Net Income From Continuing Ops143.1M99.3M237.4M220.4M253.5M129.3M
Ebit43.9M109.9M110.7M265.0M304.7M319.9M
Research Development73.8M98.3M123.5M171.8M197.5M207.4M
Cost Of Revenue838.8M1.2B1.6B1.8B2.1B2.2B
Total Operating Expenses1.0B1.4B2.0B2.3B2.7B2.8B
Income Before Tax164.0M104.4M297.4M289.5M332.9M349.5M
Net Income Applicable To Common Shares64.2M147.2M106.6M265.2M305.0M320.2M
Net Income147.2M106.6M265.2M255.5M293.8M308.5M
Income Tax Expense1.2M20.9M5.0M17.9M20.6M21.6M
Minority Interest13.0M7.3M27.8M35.0M40.3M42.3M
Ebitda132.0M238.5M227.4M463.4M532.9M559.6M
Reconciled Depreciation52.9M75.9M102.2M137.2M157.8M165.7M

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Other Information on Investing in Konfoong Stock

Konfoong Materials 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 Konfoong Materials shareholders. The income statement also shows Konfoong 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).