Chongqing Historical Income Statement

601077 Stock   5.75  0.09  1.59%   
Historical analysis of Chongqing Rural income statement accounts such as Net Interest Income of 25.2 B, Interest Income of 48.9 B or Interest Expense of 19.4 B can show how well Chongqing Rural Commercial performed in making a profits. Evaluating Chongqing Rural income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chongqing Rural's future profits or losses.

Chongqing Rural Net Income

10.29 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Rural Commercial. 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 Chongqing Income Statement Analysis

Chongqing Rural Comm 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 Chongqing Rural shareholders. The income statement also shows Chongqing 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).

Chongqing Rural Income Statement Chart

At present, Chongqing Rural's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 25.2 B, whereas Interest Income is forecasted to decline to about 48.9 B.

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.

Total Revenue

Total revenue comprises all receipts Chongqing Rural Comm 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chongqing Rural Comm. It is also known as Chongqing Rural overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 Chongqing Rural Commercial whose combined shares represent less than 50% of the total outstanding shares issued by Chongqing Rural have a minority interest in Chongqing Rural.
Most accounts from Chongqing Rural's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chongqing Rural Comm 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 Chongqing Rural Commercial. 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, Chongqing Rural's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 25.2 B, whereas Interest Income is forecasted to decline to about 48.9 B.
 2021 2022 2023 2024 (projected)
Net Interest Income26.2B25.4B23.5B25.2B
Tax Provision1.5B1.1B1.1B1.6B

Chongqing Rural income statement Correlations

Chongqing Rural Account Relationship Matchups

Chongqing Rural income statement Accounts

201920202021202220232024 (projected)
Tax Provision2.2B1.5B1.5B1.1B1.1B1.6B
Net Interest Income23.3B24.2B26.2B25.4B23.5B25.2B
Interest Income45.1B45.9B51.7B51.3B49.9B48.9B
Interest Expense21.8B21.6B25.5B25.9B26.4B19.4B
Selling General Administrative1.4B1.5B2.0B2.6B2.7B2.0B
Total Revenue26.6B27.2B31.0B28.9B26.8B27.5B
Other Operating Expenses8.0B7.8B7.9B8.7B10.1B6.3B
Net Income From Continuing Ops10.0B8.6B9.7B10.5B11.1B10.5B
Income Before Tax12.2B10.1B11.2B11.6B12.2B12.6B
Net Income Applicable To Common Shares9.1B9.8B8.4B9.6B11.0B9.8B
Net Income9.8B8.4B9.6B10.3B10.9B10.3B
Income Tax Expense2.6B2.2B1.5B1.5B1.3B1.8B
Minority Interest1.6B1.4B(158.6M)(202.3M)(222.8M)(211.7M)
Reconciled Depreciation782.0M849.7M850.9M820.2M856.7M898.2M

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Chongqing Rural Comm 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 Chongqing Rural shareholders. The income statement also shows Chongqing 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).