Ningxia Historical Income Statement

600449 Stock   14.99  0.08  0.53%   
Historical analysis of Ningxia Building income statement accounts such as Selling General Administrative of 110.4 M, Total Revenue of 10.9 B or Operating Income of 408.4 M can show how well Ningxia Building Materials performed in making a profits. Evaluating Ningxia Building income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ningxia Building's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ningxia Building Mat 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 Ningxia Building Mat 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 Ningxia Building Materials. 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 Ningxia Income Statement Analysis

Ningxia Building Mat 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 Ningxia Building shareholders. The income statement also shows Ningxia 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).

Ningxia Building Income Statement Chart

At present, Ningxia Building's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 10.9 B, whereas Selling General Administrative is forecasted to decline to about 110.4 M.

Total Revenue

Total revenue comprises all receipts Ningxia Building Mat 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.

Operating Income

Operating Income is the amount of profit realized from Ningxia Building Mat 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 Ningxia Building Materials 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 Ningxia Building Mat income statement and represents the costs associated with goods and services Ningxia Building 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 Ningxia Building's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ningxia Building Mat 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 Ningxia Building Materials. 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, Ningxia Building's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 10.9 B, whereas Selling General Administrative is forecasted to decline to about 110.4 M.
 2021 2022 2023 2024 (projected)
Operating Income995.9M751.3M331.6M408.4M
Total Revenue5.8B8.7B10.4B10.9B

Ningxia Building income statement Correlations

-0.4-0.15-0.48-0.16-0.21-0.350.630.00.02-0.32-0.31-0.64-0.55-0.61-0.21-0.51-0.58-0.50.55
-0.40.270.990.30.310.76-0.330.26-0.280.450.580.910.820.350.220.810.80.57-0.78
-0.150.270.160.990.990.770.250.79-0.670.910.760.090.120.230.920.650.420.77-0.6
-0.480.990.160.180.20.68-0.40.17-0.210.370.520.950.850.370.130.780.790.52-0.75
-0.160.30.990.181.00.80.190.76-0.610.90.740.130.150.30.920.650.460.79-0.62
-0.210.310.990.21.00.80.180.77-0.640.910.760.150.170.30.920.680.470.81-0.64
-0.350.760.770.680.80.8-0.110.59-0.510.80.770.620.540.50.670.860.690.86-0.88
0.63-0.330.25-0.40.190.18-0.110.5-0.520.210.25-0.56-0.45-0.550.25-0.06-0.440.010.11
0.00.260.790.170.760.770.590.5-0.860.890.820.1-0.01-0.120.790.650.290.68-0.63
0.02-0.28-0.67-0.21-0.61-0.64-0.51-0.52-0.86-0.76-0.74-0.15-0.020.21-0.56-0.62-0.15-0.60.55
-0.320.450.910.370.90.910.80.210.89-0.760.910.340.270.260.920.830.570.9-0.81
-0.310.580.760.520.740.760.770.250.82-0.740.910.460.450.070.770.860.610.86-0.81
-0.640.910.090.950.130.150.62-0.560.1-0.150.340.460.820.450.070.720.770.54-0.75
-0.550.820.120.850.150.170.54-0.45-0.01-0.020.270.450.820.350.170.710.880.39-0.55
-0.610.350.230.370.30.30.5-0.55-0.120.210.260.070.450.350.260.340.440.52-0.52
-0.210.220.920.130.920.920.670.250.79-0.560.920.770.070.170.260.660.520.75-0.59
-0.510.810.650.780.650.680.86-0.060.65-0.620.830.860.720.710.340.660.830.82-0.92
-0.580.80.420.790.460.470.69-0.440.29-0.150.570.610.770.880.440.520.830.59-0.7
-0.50.570.770.520.790.810.860.010.68-0.60.90.860.540.390.520.750.820.59-0.91
0.55-0.78-0.6-0.75-0.62-0.64-0.880.11-0.630.55-0.81-0.81-0.75-0.55-0.52-0.59-0.92-0.7-0.91
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Ningxia Building Account Relationship Matchups

Ningxia Building income statement Accounts

201920202021202220232024 (projected)
Interest Expense32.1M12.3M52.6M31.3M23.3M24.5M
Selling General Administrative561.1M189.7M200.8M142.0M116.2M110.4M
Total Revenue4.8B5.1B5.8B8.7B10.4B10.9B
Operating Income999.3M1.3B995.9M751.3M331.6M408.4M
Cost Of Revenue3.0B3.4B4.4B7.5B9.7B10.2B
Income Before Tax1.0B1.2B1.0B731.7M384.0M421.8M
Net Income Applicable To Common Shares768.9M964.9M801.2M529.0M608.3M311.8M
Net Income768.9M964.9M801.2M529.0M297.4M312.3M
Income Tax Expense188.6M191.6M165.5M153.4M176.4M185.2M
Minority Interest328.9M349.1M(66.0M)(49.4M)(30.7M)(29.2M)
Gross Profit1.8B1.7B1.4B1.1B726.0M1.4B
Other Operating Expenses42.5M16.3M48.4M64.2M57.8M36.1M
Net Income From Continuing Ops845.1M1.0B867.2M578.4M328.1M571.5M
Ebit970.1M1.3B976.7M741.3M852.5M825.0M
Research Development2.7M4.7M18.0M17.6M33.2M34.9M
Total Operating Expenses3.8B3.8B4.8B7.9B10.1B5.4B
Tax Provision188.6M191.6M165.5M153.4M55.9M53.1M
Net Interest Income(19.7M)(2.4M)(28.1M)4.6M4.9M5.2M
Interest Income13.8M11.0M25.3M37.0M28.9M18.4M
Ebitda1.4B1.6B1.4B1.1B1.3B1.4B
Reconciled Depreciation337.7M332.3M356.2M364.2M345.4M292.7M

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Other Information on Investing in Ningxia Stock

Ningxia Building Mat 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 Ningxia Building shareholders. The income statement also shows Ningxia 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).