Olympic Historical Income Statement

603920 Stock   30.78  0.13  0.42%   
Historical analysis of Olympic Circuit income statement accounts such as Interest Income of 27.9 M, Interest Expense of 54.8 M or Selling General Administrative of 133.3 M can show how well Olympic Circuit Technology performed in making a profits. Evaluating Olympic Circuit income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Olympic Circuit's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Olympic Circuit Tech 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 Olympic Circuit Tech 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 Olympic Circuit Technology. 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 Olympic Income Statement Analysis

Olympic Circuit Tech 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 Olympic Circuit shareholders. The income statement also shows Olympic 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).

Olympic Circuit Income Statement Chart

At present, Olympic Circuit's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 238.6 M, whereas Tax Provision is forecasted to decline to about 50.6 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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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 Olympic Circuit Technology minus its cost of goods sold. It is profit before Olympic Circuit 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.

Operating Income

Operating Income is the amount of profit realized from Olympic Circuit Tech 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 Olympic Circuit Technology 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.
Most accounts from Olympic Circuit's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Olympic Circuit Tech 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 Olympic Circuit Technology. 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, Olympic Circuit's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 238.6 M, whereas Tax Provision is forecasted to decline to about 50.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit580.3M834.6M963.7M697.4M
Total Revenue3.8B4.4B4.5B3.2B

Olympic Circuit income statement Correlations

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0.110.00.750.960.840.210.630.55-0.760.980.970.970.510.6-0.740.760.890.92
0.160.390.750.670.70.020.470.54-0.730.720.660.670.50.55-0.470.550.750.67
0.21-0.230.960.670.910.20.740.66-0.750.991.01.00.620.71-0.80.880.940.98
0.49-0.190.840.70.910.330.940.9-0.550.910.870.880.880.93-0.640.860.990.97
0.03-0.020.210.020.20.330.430.330.210.210.170.170.30.32-0.270.180.240.25
0.66-0.330.630.470.740.940.430.96-0.30.740.70.70.950.97-0.50.780.890.86
0.7-0.240.550.540.660.90.330.96-0.230.660.610.620.991.0-0.310.730.850.78
0.010.01-0.76-0.73-0.75-0.550.21-0.3-0.23-0.74-0.77-0.78-0.21-0.290.79-0.64-0.65-0.68
0.18-0.130.980.720.990.910.210.740.66-0.740.990.990.620.71-0.790.850.940.98
0.16-0.230.970.661.00.870.170.70.61-0.770.991.00.570.66-0.810.870.910.97
0.17-0.210.970.671.00.880.170.70.62-0.780.991.00.580.67-0.810.870.920.97
0.77-0.260.510.50.620.880.30.950.99-0.210.620.570.580.99-0.270.70.830.75
0.67-0.280.60.550.710.930.320.971.0-0.290.710.660.670.99-0.370.770.880.83
0.080.26-0.74-0.47-0.8-0.64-0.27-0.5-0.310.79-0.79-0.81-0.81-0.27-0.37-0.73-0.67-0.76
0.32-0.510.760.550.880.860.180.780.73-0.640.850.870.870.70.77-0.730.850.9
0.43-0.140.890.750.940.990.240.890.85-0.650.940.910.920.830.88-0.670.850.98
0.35-0.260.920.670.980.970.250.860.78-0.680.980.970.970.750.83-0.760.90.98
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Olympic Circuit Account Relationship Matchups

Olympic Circuit income statement Accounts

201920202021202220232024 (projected)
Tax Provision54.0M36.0M32.3M39.4M80.7M50.6M
Net Interest Income21.3M16.8M(1.5M)(10.8M)(9.6M)(9.1M)
Interest Income27.2M22.4M44.6M42.0M43.8M27.9M
Interest Expense6.2M4.3M45.0M52.7M52.2M54.8M
Selling General Administrative155.3M122.3M101.5M134.8M134.2M133.3M
Total Revenue2.4B2.5B3.8B4.4B4.5B3.2B
Gross Profit630.0M657.0M580.3M834.6M963.7M697.4M
Other Operating Expenses340.0K9.2M14.0M9.3M10.7M9.4M
Operating Income324.1M381.8M279.0M457.6M585.6M384.6M
Net Income From Continuing Ops328.8M303.6M199.9M401.4M466.8M326.1M
Ebit238.0M319.1M363.5M246.9M222.2M238.6M
Research Development86.1M98.3M133.0M160.2M161.9M111.6M
Cost Of Revenue1.8B1.9B3.2B3.6B3.6B2.5B
Total Operating Expenses2.1B2.2B3.5B4.0B3.9B2.8B
Income Before Tax382.7M339.5M232.2M440.9M547.5M376.7M
Net Income Applicable To Common Shares225.8M328.8M303.7M209.7M241.1M277.4M
Net Income328.8M303.7M209.7M434.0M495.5M335.9M
Income Tax Expense44.5M54.0M36.0M32.3M29.1M33.1M
Minority Interest7.01.4M9.8M32.6M28.7M30.1M
Ebitda520.7M497.3M470.9M781.3M898.5M538.9M
Reconciled Depreciation131.7M153.5M193.6M287.8M325.1M199.7M

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Other Information on Investing in Olympic Stock

Olympic Circuit Tech 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 Olympic Circuit shareholders. The income statement also shows Olympic 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).