New Historical Income Statement
| 601336 Stock | 47.36 1.35 2.93% |
Historical analysis of New China income statement accounts such as Total Revenue of 68.6 B, Operating Income of 16.6 B or Income Before Tax of 8 B can show how well New China Life performed in making a profits. Evaluating New China income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of New China's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining New China Life 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 New China Life is a good buy for the upcoming year.
New |
About New Income Statement Analysis
New China Life 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 New China shareholders. The income statement also shows New 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).
New China Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts New China Life 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 New China Life 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 New China Life 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on New China income statement and is an important metric when analyzing New China Life 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 New China Life financial statement analysis. It represents the amount of money remaining after all of New China Life operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on New China Life income statement and represents the costs associated with goods and services New China 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 New China's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into New China Life 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 New China Life. 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, New China's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 8 B, whereas Total Revenue is forecasted to decline to about 68.6 B.
| 2023 | 2024 (projected) | Operating Income | 15.8B | 16.6B | Total Revenue | 72.2B | 68.6B |
New China income statement Correlations
Click cells to compare fundamentals
New China Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New China income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 174.0B | 206.3B | 236.6B | 214.3B | 72.2B | 68.6B | |
| Income Before Tax | 13.2B | 15.5B | 15.7B | 6.5B | 5.5B | 8.0B | |
| Net Income Applicable To Common Shares | 14.6B | 14.3B | 14.9B | 9.8B | 11.3B | 7.5B | |
| Net Income | 14.6B | 14.3B | 14.9B | 9.8B | 8.7B | 7.7B | |
| Minority Interest | 9M | 10M | 13M | (4M) | (4.6M) | (4.4M) | |
| Income Tax Expense | (1.3B) | 1.2B | 719M | (3.3B) | (3.0B) | (2.8B) | |
| Selling General Administrative | 13.8B | 13.2B | 12.9B | 11.7B | 2.4B | 2.3B | |
| Other Operating Expenses | 2.3B | 811M | 1.1B | 956M | 860.4M | 1.3B | |
| Net Income From Continuing Ops | 14.6B | 14.3B | 15.0B | 9.8B | 8.7B | 10.9B | |
| Ebit | 14.2B | 16.8B | 16.1B | 7.7B | 8.9B | 13.2B | |
| Total Operating Expenses | 160.8B | 190.8B | 360.8B | 207.8B | 64.6B | 61.4B | |
| Total Other Income Expense Net | 722M | 774M | 15.8B | 1.7B | 1.1B | 1.1B | |
| Tax Provision | (1.3B) | 1.2B | 719M | (3.3B) | (3.2B) | (3.0B) | |
| Reconciled Depreciation | 1.3B | 1.5B | 877M | 1.8B | 1.8B | 1.3B |
Currently Active Assets on Macroaxis
Other Information on Investing in New Stock
New China Life 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 New China shareholders. The income statement also shows New 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).