HEG Historical Income Statement
| HEG Stock | 530.95 1.35 0.25% |
Historical analysis of HEG income statement accounts such as Selling General Administrative of 222.3 M or Total Revenue of 18.9 B can show how well HEG Limited performed in making a profits. Evaluating HEG income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of HEG's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining HEG Limited 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 HEG Limited is a good buy for the upcoming year.
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About HEG Income Statement Analysis
HEG Limited 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 HEG shareholders. The income statement also shows HEG 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).
HEG Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of HEG Limited minus its cost of goods sold. It is profit before HEG 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 HEG Limited 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 HEG Limited 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on HEG Limited income statement and represents the costs associated with goods and services HEG 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 HEG's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into HEG Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, HEG's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 5.6 B, whereas Selling General Administrative is forecasted to decline to about 222.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 74.2M | 260.1M | 357.4M | 338.0M | Depreciation And Amortization | 789.1M | 1.0B | 1.7B | 1.8B |
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HEG income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 719.6M | 729.6M | 789.1M | 1.0B | 1.7B | 1.8B | |
| Interest Expense | 364.1M | 112.6M | 74.2M | 260.1M | 357.4M | 338.0M | |
| Selling General Administrative | 174.6M | 160.0M | 187.8M | 225.9M | 234.0M | 222.3M | |
| Total Revenue | 21.0B | 12.3B | 21.7B | 24.7B | 23.9B | 18.9B | |
| Gross Profit | 2.3B | 1.9B | 9.1B | 12.4B | 12.4B | 10.9B | |
| Other Operating Expenses | 21.8B | 13.6B | 17.2B | 19.5B | 12.5B | 12.9B | |
| Operating Income | (757.0M) | (1.3B) | 4.5B | 5.2B | 11.5B | 6.0B | |
| Ebit | 658.0M | (197.2M) | 5.3B | 6.3B | 3.5B | 5.6B | |
| Ebitda | 1.4B | 532.4M | 6.1B | 7.3B | 5.2B | 6.4B | |
| Total Operating Expenses | 3.1B | 3.2B | 4.6B | 7.2B | 7.5B | 3.9B | |
| Income Before Tax | 292.9M | (307.6M) | 5.6B | 6.8B | 4.0B | 5.3B | |
| Total Other Income Expense Net | (4.3B) | (234.0M) | (7.3B) | (7.8B) | (7.5B) | (7.1B) | |
| Net Income | 676.3M | (179.4M) | 4.3B | 5.3B | 3.1B | 3.7B | |
| Income Tax Expense | (240.8M) | (54.6M) | 1.3B | 1.4B | 837.0M | 1.6B | |
| Cost Of Revenue | 18.7B | 10.4B | 12.6B | 12.3B | 11.5B | 10.8B | |
| Selling And Marketing Expenses | 641.2M | 664.3M | 1.7B | 1.9B | 1.4B | 1.2B | |
| Research Development | 17.0M | 11.3M | 12.4M | 13.4M | 15.8M | 13.0M | |
| Net Income From Continuing Ops | 676.3M | (179.4M) | 4.3B | 5.3B | 3.1B | 5.5B | |
| Net Income Applicable To Common Shares | 676.3M | (179.4M) | 4.3B | 5.3B | 6.1B | 5.7B | |
| Tax Provision | 575.8M | (54.6M) | 1.3B | 1.4B | 837M | 795.2M | |
| Interest Income | 893.2M | 113.7M | 329.8M | 521M | 432.0M | 381.4M | |
| Net Interest Income | (5.9M) | (113.7M) | (74.9M) | (260.1M) | (357.4M) | (375.3M) | |
| Reconciled Depreciation | 721.3M | 731.2M | 792.9M | 1.0B | 1.7B | 1.0B |
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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 HEG Stock
HEG Limited 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 HEG shareholders. The income statement also shows HEG 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).