Harbin Historical Income Statement

600202 Stock   5.16  0.09  1.71%   
Historical analysis of Harbin Air income statement accounts such as Selling General Administrative of 60.1 M, Total Revenue of 864.2 M or Operating Income of 56.9 M can show how well Harbin Air Conditioning performed in making a profits. Evaluating Harbin Air income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Harbin Air's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Harbin Air Conditioning 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 Harbin Air Conditioning 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 Harbin Air Conditioning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Harbin Income Statement Analysis

Harbin Air Conditioning 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 Harbin Air shareholders. The income statement also shows Harbin 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).

Harbin Air Income Statement Chart

At present, Harbin Air'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 60.1 M, whereas Total Revenue is forecasted to decline to about 864.2 M.

Cost Of Revenue

Cost of Revenue is found on Harbin Air Conditioning income statement and represents the costs associated with goods and services Harbin Air 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Harbin Air income statement and is an important metric when analyzing Harbin Air Conditioning 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Harbin Air Conditioning financial statement analysis. It represents the amount of money remaining after all of Harbin Air Conditioning operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Harbin Air's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Harbin Air Conditioning 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 Harbin Air Conditioning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Harbin Air'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 60.1 M, whereas Total Revenue is forecasted to decline to about 864.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit62.9M161.6M233.4M145.6M
Research Development32.4M35.6M46.6M31.5M

Harbin Air income statement Correlations

0.080.10.08-0.11-0.110.020.35-0.35-0.060.44-0.11-0.17-0.230.64-0.63-0.69-0.36-0.660.04
0.080.690.990.550.540.42-0.590.740.720.330.650.670.840.050.490.240.210.570.33
0.10.690.60.810.790.89-0.210.690.910.450.780.880.70.430.37-0.020.20.330.2
0.080.990.60.490.490.33-0.610.710.630.340.60.580.820.020.450.260.210.550.32
-0.110.550.810.491.00.86-0.180.570.710.420.980.80.690.430.40.240.270.44-0.11
-0.110.540.790.491.00.83-0.180.560.690.410.980.780.680.420.390.270.270.45-0.14
0.020.420.890.330.860.83-0.010.490.80.490.770.820.580.540.27-0.060.230.20.04
0.35-0.59-0.21-0.61-0.18-0.18-0.01-0.58-0.31-0.08-0.23-0.33-0.680.36-0.48-0.3-0.03-0.58-0.58
-0.350.740.690.710.570.560.49-0.580.690.260.580.620.86-0.110.540.260.340.660.3
-0.060.720.910.630.710.690.8-0.310.690.250.710.930.780.180.570.090.20.510.29
0.440.330.450.340.420.410.49-0.080.260.250.350.150.450.8-0.47-0.55-0.04-0.370.31
-0.110.650.780.60.980.980.77-0.230.580.710.350.80.720.340.470.360.30.53-0.15
-0.170.670.880.580.80.780.82-0.330.620.930.150.80.710.130.690.270.390.610.1
-0.230.840.70.820.690.680.58-0.680.860.780.450.720.710.070.510.240.220.630.43
0.640.050.430.020.430.420.540.36-0.110.180.80.340.130.07-0.6-0.61-0.22-0.60.03
-0.630.490.370.450.40.390.27-0.480.540.57-0.470.470.690.51-0.60.790.470.95-0.03
-0.690.24-0.020.260.240.27-0.06-0.30.260.09-0.550.360.270.24-0.610.790.390.81-0.29
-0.360.210.20.210.270.270.23-0.030.340.2-0.040.30.390.22-0.220.470.390.46-0.36
-0.660.570.330.550.440.450.2-0.580.660.51-0.370.530.610.63-0.60.950.810.46-0.02
0.040.330.20.32-0.11-0.140.04-0.580.30.290.31-0.150.10.430.03-0.03-0.29-0.36-0.02
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Harbin Air Account Relationship Matchups

Harbin Air income statement Accounts

201920202021202220232024 (projected)
Interest Expense21.2M27.2M17.2M24.3M28.4M29.8M
Selling General Administrative63.7M25.0M31.8M29.5M38.8M60.1M
Total Revenue904.5M917.2M852.8M1.1B1.4B864.2M
Operating Income93.2M80.8M(30.9M)56.3M102.6M56.9M
Cost Of Revenue684.5M739.8M789.9M941.5M1.2B683.7M
Income Before Tax52.8M56.3M60.9M42.3M24.3M46.9M
Net Income Applicable To Common Shares50.6M50.4M66.1M37.5M33.7M43.1M
Net Income50.6M50.4M66.1M37.5M21.3M42.0M
Income Tax Expense2.2M5.6M(6.2M)1.4M1.2M1.2M
Research Development34.5M34.7M32.4M35.6M46.6M31.5M
Gross Profit220.0M177.4M62.9M161.6M233.4M145.6M
Other Operating Expenses4.7M7.0M7.5M8.4M9.6M7.2M
Net Income From Continuing Ops50.6M50.7M67.1M40.9M24.7M26.0M
Ebit66.4M74.2M(51.3M)39.8M45.8M48.1M
Total Operating Expenses811.3M836.4M883.7M1.0B1.3B870.7M
Tax Provision2.2M5.6M(6.2M)1.4M(459.9K)(482.9K)
Net Interest Income(32.1M)(24.2M)(19.8M)(26.9M)(32.0M)(33.6M)
Interest Income1.4M9.2M2.8M2.2M1.9M2.8M
Ebitda94.3M102.7M97.1M89.3M102.7M73.6M
Reconciled Depreciation20.3M19.2M19.0M22.7M29.0M24.4M

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Other Information on Investing in Harbin Stock

Harbin Air Conditioning 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 Harbin Air shareholders. The income statement also shows Harbin 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).