Meiwu Historical Income Statement
WNW Stock | USD 0.98 0.02 2.00% |
Historical analysis of Meiwu Technology income statement accounts such as Depreciation And Amortization of 443.1 K, Selling General Administrative of 2 M, Selling And Marketing Expenses of 1.6 M or Total Revenue of 10.2 M can show how well Meiwu Technology Co performed in making a profits. Evaluating Meiwu Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Meiwu Technology's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Meiwu Technology 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 Meiwu Technology is a good buy for the upcoming year.
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About Meiwu Income Statement Analysis
Meiwu Technology 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 Meiwu Technology shareholders. The income statement also shows Meiwu 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).
Meiwu Technology Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Meiwu Technology Co minus its cost of goods sold. It is profit before Meiwu Technology 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Meiwu Technology. It is also known as Meiwu Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Meiwu Technology Co whose combined shares represent less than 50% of the total outstanding shares issued by Meiwu Technology have a minority interest in Meiwu Technology.Most accounts from Meiwu Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Meiwu Technology 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. 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 this time, Meiwu Technology's Depreciation And Amortization is fairly stable compared to the past year. Selling And Marketing Expenses is likely to climb to about 1.6 M in 2024, whereas Total Revenue is likely to drop slightly above 10.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8M | 895.7K | 2.6M | 2.0M | Total Revenue | 12.3M | 11.0M | 11.0M | 10.2M |
Meiwu Technology income statement Correlations
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Meiwu Technology Account Relationship Matchups
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Meiwu Technology income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 277.4K | 80.3K | 123.7K | 366.9K | 422.0K | 443.1K | |
Selling General Administrative | 1.4M | 1.9M | 2.0M | 2.8M | 4.0M | 2.0M | |
Selling And Marketing Expenses | 1.9M | 4.0M | 1.5M | 1.1M | 1.2M | 1.6M | |
Total Revenue | 7.7M | 22.1M | 12.3M | 11.0M | 11.0M | 10.2M | |
Gross Profit | 1.9M | 4.2M | 2.8M | 895.7K | 2.6M | 2.0M | |
Other Operating Expenses | 9.4M | 24.3M | 13.4M | 21.5M | 24.7M | 12.6M | |
Operating Income | (1.8M) | (2.2M) | (1.1M) | (10.5M) | (1.5M) | (1.6M) | |
Ebit | (1.8M) | (2.2M) | (1.1M) | (4.0M) | (3.6M) | (3.4M) | |
Ebitda | (1.5M) | (2.1M) | (993.9K) | (3.7M) | (3.3M) | (3.1M) | |
Cost Of Revenue | 5.8M | 18.0M | 9.4M | 10.1M | 8.4M | 8.2M | |
Total Operating Expenses | 3.7M | 6.4M | 4.0M | 11.4M | 12.5M | 13.1M | |
Income Before Tax | (1.8M) | (2.2M) | (1.1M) | (11.0M) | (16.1M) | (15.3M) | |
Net Income | (1.8M) | (2.2M) | (1.1M) | (11.1M) | (16.1M) | (15.3M) | |
Income Tax Expense | (3.9K) | 95.2K | (35.6K) | 211.1K | 242.8K | 255.0K | |
Net Income From Continuing Ops | (1.8M) | (2.2M) | (1.1M) | (11.2M) | (16.3M) | (15.5M) | |
Research Development | 340.5K | 528.0K | 452.6K | 1.0M | 107.2K | 101.8K | |
Reconciled Depreciation | 301.4K | 307.6K | 388.3K | 88.0K | 183.1K | 243.5K | |
Total Other Income Expense Net | 3.9K | 19.3K | (15.9K) | (532.7K) | (14.6M) | (13.9M) |
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When running Meiwu Technology's price analysis, check to measure Meiwu Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meiwu Technology is operating at the current time. Most of Meiwu Technology's value examination focuses on studying past and present price action to predict the probability of Meiwu Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiwu Technology's price. Additionally, you may evaluate how the addition of Meiwu Technology to your portfolios can decrease your overall portfolio volatility.