Eastern Historical Income Statement

EASTSILK   1.80  0.00  0.00%   
Historical analysis of Eastern Silk income statement accounts such as Selling General Administrative of 18.7 M or Selling And Marketing Expenses of 3.4 M can show how well Eastern Silk Industries performed in making a profits. Evaluating Eastern Silk income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eastern Silk's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Eastern Silk Industries 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 Eastern Silk Industries is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Silk Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Eastern Income Statement Analysis

Eastern Silk Industries 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 Eastern Silk shareholders. The income statement also shows Eastern 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).

Eastern Silk Income Statement Chart

At this time, Eastern Silk's Total Other Income Expense Net is quite stable compared to the past year. Income Tax Expense is expected to rise to about 4.6 M this year, although the value of Interest Expense will most likely fall to about 359.1 K.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Eastern Silk Industries minus its cost of goods sold. It is profit before Eastern Silk 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 Eastern Silk Industries 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 Eastern Silk Industries 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 Eastern Silk's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eastern Silk Industries 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Silk Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Eastern Silk's Total Other Income Expense Net is quite stable compared to the past year. Income Tax Expense is expected to rise to about 4.6 M this year, although the value of Interest Expense will most likely fall to about 359.1 K.
 2023 2024 (projected)
Interest Expense378K359.1K
Depreciation And Amortization29.7M28.2M

Eastern Silk income statement Correlations

0.690.50.360.320.160.57-0.57-0.25-0.10.380.59-0.5-0.35-0.46-0.4-0.7-0.730.410.86-0.18
0.690.580.290.26-0.020.47-0.74-0.24-0.140.390.33-0.77-0.71-0.74-0.65-0.92-0.440.20.5-0.09
0.50.580.120.06-0.020.36-0.52-0.4-0.330.10.68-0.56-0.18-0.630.18-0.52-0.370.180.43-0.08
0.360.290.120.990.880.90.290.650.720.970.160.29-0.230.30.06-0.52-0.260.110.32-0.12
0.320.260.060.990.90.910.330.640.710.970.160.33-0.190.350.04-0.48-0.280.080.32-0.15
0.16-0.02-0.020.880.90.750.510.690.740.770.220.54-0.020.540.28-0.2-0.160.090.22-0.05
0.570.470.360.90.910.750.080.280.370.920.510.1-0.150.110.0-0.61-0.510.210.59-0.2
-0.57-0.74-0.520.290.330.510.080.580.510.21-0.240.960.490.950.590.620.31-0.19-0.370.03
-0.25-0.24-0.40.650.640.690.280.580.990.57-0.530.53-0.20.550.18-0.040.28-0.2-0.330.01
-0.1-0.14-0.330.720.710.740.370.510.990.64-0.450.47-0.260.490.13-0.140.18-0.14-0.21-0.01
0.380.390.10.970.970.770.920.210.570.640.120.19-0.270.22-0.08-0.59-0.320.070.34-0.19
0.590.330.680.160.160.220.51-0.24-0.53-0.450.12-0.160.21-0.20.18-0.23-0.580.360.72-0.08
-0.5-0.77-0.560.290.330.540.10.960.530.470.19-0.160.560.990.580.650.22-0.09-0.230.01
-0.35-0.71-0.18-0.23-0.19-0.02-0.150.49-0.2-0.26-0.270.210.560.50.670.640.04-0.01-0.130.09
-0.46-0.74-0.630.30.350.540.110.950.550.490.22-0.20.990.50.480.630.19-0.07-0.210.0
-0.4-0.650.180.060.040.280.00.590.180.13-0.080.180.580.670.480.530.18-0.11-0.240.0
-0.7-0.92-0.52-0.52-0.48-0.2-0.610.62-0.04-0.14-0.59-0.230.650.640.630.530.38-0.17-0.430.04
-0.73-0.44-0.37-0.26-0.28-0.16-0.510.310.280.18-0.32-0.580.220.040.190.180.38-0.25-0.810.57
0.410.20.180.110.080.090.21-0.19-0.2-0.140.070.36-0.09-0.01-0.07-0.11-0.17-0.250.590.2
0.860.50.430.320.320.220.59-0.37-0.33-0.210.340.72-0.23-0.13-0.21-0.24-0.43-0.810.59-0.29
-0.18-0.09-0.08-0.12-0.15-0.05-0.20.030.01-0.01-0.19-0.080.010.090.00.00.040.570.2-0.29
Click cells to compare fundamentals

Eastern Silk Account Relationship Matchups

Eastern Silk income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization57.4M47.6M40.2M29.6M29.7M28.2M
Interest Expense11.7M11.9M10.2M11.2M378K359.1K
Selling General Administrative56M29.9M34.9M21.9M19.7M18.7M
Selling And Marketing Expenses52.5M47.7M20.7M3.9M3.5M3.4M
Total Revenue1.0B870.2M713.0M380.1M189.2M179.7M
Gross Profit310.1M159.2M75.6M127.0M37.8M35.9M
Other Operating Expenses1.0B854.6M771M527.2M321.6M305.5M
Operating Income(24.9M)9.4M(69.0M)(147.3M)(132.4M)(139.0M)
Ebit(22.4M)14.6M(61.5M)(133.1M)(132.4M)(139.0M)
Ebitda35.0M62.2M(21.3M)(103.5M)(102.8M)(107.9M)
Cost Of Revenue696.2M711.0M637.4M253.2M151.4M143.8M
Total Operating Expenses330.6M143.7M133.6M274.0M170.2M161.7M
Income Before Tax10.5M10.5M(68.7M)(144.3M)(118.6M)(124.6M)
Total Other Income Expense Net(405.3M)(270.7M)(64.0M)3.0M13.8M14.5M
Net Income10.5M10.4M(68.7M)(144.3M)(123.0M)(129.2M)
Income Tax Expense5K6K20.6M(1K)4.4M4.6M
Net Income From Continuing Ops10.5M10.4M(68.7M)(144.3M)(123.0M)(129.2M)
Net Income Applicable To Common Shares10.5M10.4M(68.7M)(144.3M)(166.0M)(174.3M)
Tax Provision5K6K12K(1K)4.4M4.6M
Interest Income2.8M2.0M11.2M829K12.9M13.5M
Net Interest Income2.3M1.3M355K(11.2M)(378K)(396.9K)
Reconciled Depreciation57.4M47.6M40.2M29.6M29.7M41.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Eastern Stock

Eastern Silk Industries 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 Eastern Silk shareholders. The income statement also shows Eastern 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).