Shanghai Historical Income Statement

688188 Stock   183.53  1.28  0.69%   
Historical analysis of Shanghai Friendess income statement accounts such as Net Interest Income of 50.1 M, Interest Expense of 224 K or Selling General Administrative of 124.4 M can show how well Shanghai Friendess Electronics performed in making a profits. Evaluating Shanghai Friendess income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shanghai Friendess's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Shanghai Friendess 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 Shanghai Friendess 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 Shanghai Friendess Electronics. 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 Shanghai Income Statement Analysis

Shanghai Friendess 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 Shanghai Friendess shareholders. The income statement also shows Shanghai 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).

Shanghai Friendess Income Statement Chart

At present, Shanghai Friendess' Net Interest Income 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 124.4 M, whereas Tax Provision is forecasted to decline to about 42.7 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.

Total Revenue

Total revenue comprises all receipts Shanghai Friendess 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Shanghai Friendess Electronics minus its cost of goods sold. It is profit before Shanghai Friendess 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Shanghai Friendess financial statement analysis. It represents the amount of money remaining after all of Shanghai Friendess Electronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Shanghai Friendess' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shanghai Friendess 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 Shanghai Friendess Electronics. 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, Shanghai Friendess' Net Interest Income 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 124.4 M, whereas Tax Provision is forecasted to decline to about 42.7 M.
 2021 2022 2023 2024 (projected)
Net Interest Income32.5M47.8M47.7M50.1M
Tax Provision64.6M58.9M73.3M42.7M

Shanghai Friendess income statement Correlations

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Shanghai Friendess Account Relationship Matchups

Shanghai Friendess income statement Accounts

201920202021202220232024 (projected)
Tax Provision20.3M39.1M64.6M58.9M73.3M42.7M
Net Interest Income1.1M2.2M32.5M47.8M47.7M50.1M
Interest Expense1.1M2.2M313.8K288.6K235.8K224.0K
Selling General Administrative23.5M41.7M62.0M66.2M118.5M124.4M
Total Revenue376.1M570.8M913.4M898.5M1.4B1.5B
Gross Profit306.6M460.8M733.4M709.6M1.1B1.2B
Other Operating Expenses21.8M22.6M45.7M41.9M48.2M25.3M
Operating Income243.6M336.3M540.1M485.8M731.7M371.4M
Net Income From Continuing Ops246.1M369.6M548.9M492.1M753.5M378.9M
Ebit243.1M330.3M538.3M485.8M558.7M310.4M
Research Development41.3M82.1M138.1M143.6M261.5M274.5M
Cost Of Revenue69.5M110.0M180.0M188.9M276.7M290.5M
Total Operating Expenses132.5M234.5M373.3M412.6M675.4M709.2M
Income Before Tax266.5M408.7M613.5M551.0M826.8M421.6M
Net Income Applicable To Common Shares246.3M370.6M550.2M479.5M551.5M313.1M
Net Income246.3M370.6M550.2M479.5M728.9M374.1M
Income Tax Expense20.3M39.1M64.6M58.9M67.8M37.2M
Interest Income1.1M2.2M32.9M48.1M48.1M50.5M
Ebitda269.8M410.5M624.1M568.2M653.4M401.1M
Reconciled Depreciation4.4M4.0M10.3M16.9M23.6M24.8M

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Other Information on Investing in Shanghai Stock

Shanghai Friendess 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 Shanghai Friendess shareholders. The income statement also shows Shanghai 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).