Ningbo Historical Income Statement

002322 Stock   13.71  0.07  0.51%   
Historical analysis of Ningbo Ligong income statement accounts such as Selling General Administrative of 109.5 M, Total Revenue of 1.3 B or Operating Income of 171.7 M can show how well Ningbo Ligong Online performed in making a profits. Evaluating Ningbo Ligong income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ningbo Ligong's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ningbo Ligong Online 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 Ningbo Ligong Online 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 Ningbo Ligong Online. 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 Ningbo Income Statement Analysis

Ningbo Ligong Online 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 Ningbo Ligong shareholders. The income statement also shows Ningbo 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).

Ningbo Ligong Income Statement Chart

At present, Ningbo Ligong's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 520.5 M, whereas Interest Expense is forecasted to decline to about 333.8 K.

Total Revenue

Total revenue comprises all receipts Ningbo Ligong Online 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.

Operating Income

Operating Income is the amount of profit realized from Ningbo Ligong Online 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 Ningbo Ligong Online 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.

Cost Of Revenue

Cost of Revenue is found on Ningbo Ligong Online income statement and represents the costs associated with goods and services Ningbo Ligong 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 Ningbo Ligong's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ningbo Ligong Online 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 Ningbo Ligong Online. 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, Ningbo Ligong's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 520.5 M, whereas Interest Expense is forecasted to decline to about 333.8 K.
 2022 2023 2024 2025 (projected)
Operating Income244.8M265.1M304.9M171.7M
Total Revenue972.8M1.1B1.3B1.3B

Ningbo Ligong income statement Correlations

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0.530.870.990.750.70.79-0.90.920.960.730.720.920.94-0.870.76-0.7-0.88-0.550.72
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0.510.990.860.730.680.78-0.870.910.940.660.70.920.93-0.860.72-0.71-0.87-0.520.68
0.40.750.850.731.00.64-0.730.690.770.60.940.820.7-0.760.49-0.72-0.70.080.44
0.370.70.810.681.00.57-0.680.630.730.580.950.790.65-0.740.41-0.7-0.660.140.38
0.620.790.840.780.640.57-0.820.850.830.440.490.780.78-0.650.88-0.63-0.73-0.480.62
-0.33-0.9-0.87-0.87-0.73-0.68-0.82-0.87-0.95-0.71-0.74-0.92-0.890.83-0.840.720.880.45-0.69
0.560.920.810.910.690.630.85-0.870.940.70.610.810.94-0.780.8-0.6-0.79-0.540.86
0.460.960.910.940.770.730.83-0.950.940.730.740.940.97-0.890.82-0.73-0.89-0.530.78
0.180.730.550.660.60.580.44-0.710.70.730.670.650.68-0.660.55-0.27-0.57-0.40.74
0.20.720.750.70.940.950.49-0.740.610.740.670.80.66-0.760.42-0.69-0.690.120.4
0.430.920.950.920.820.790.78-0.920.810.940.650.80.86-0.920.69-0.83-0.92-0.390.53
0.430.940.840.930.70.650.78-0.890.940.970.680.660.86-0.820.79-0.65-0.82-0.560.84
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0.420.760.70.720.490.410.88-0.840.80.820.550.420.690.79-0.57-0.49-0.69-0.630.74
-0.47-0.7-0.85-0.71-0.72-0.7-0.630.72-0.6-0.73-0.27-0.69-0.83-0.650.86-0.490.90.16-0.25
-0.52-0.88-0.89-0.87-0.7-0.66-0.730.88-0.79-0.89-0.57-0.69-0.92-0.820.94-0.690.90.47-0.54
-0.32-0.55-0.35-0.520.080.14-0.480.45-0.54-0.53-0.40.12-0.39-0.560.41-0.630.160.47-0.61
0.350.720.520.680.440.380.62-0.690.860.780.740.40.530.84-0.540.74-0.25-0.54-0.61
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Ningbo Ligong Account Relationship Matchups

Ningbo Ligong income statement Accounts

202020212022202320242025 (projected)
Interest Expense8.9M3.5M247.8K305.5K351.3K333.8K
Selling General Administrative144.0M162.3M165.7M104.4M120.1M109.5M
Total Revenue1.1B1.1B972.8M1.1B1.3B1.3B
Operating Income321.0M306.2M244.8M265.1M304.9M171.7M
Cost Of Revenue495.0M443.1M358.6M431.0M495.7M520.5M
Income Before Tax262.6M111.5M241.4M276.3M317.8M172.8M
Net Income Applicable To Common Shares311.6M234.1M71.1M214.6M246.8M148.1M
Net Income234.1M71.1M214.6M245.9M282.8M154.9M
Income Tax Expense29.4M28.5M40.4M26.8M30.8M17.5M
Minority Interest(13.6K)28.4K742.52779.28701.35666.28
Research Development138.9M157.7M164.9M159.5M183.4M127.4M
Gross Profit642.7M669.0M614.2M667.3M767.4M601.8M
Other Operating Expenses12.8M14.7M15.0M45.3M52.2M54.8M
Net Income From Continuing Ops234.0M71.0M214.6M245.9M282.8M228.3M
Ebit288.2M301.1M271.7M244.8M281.6M274.9M
Total Operating Expenses816.6M805.9M728.0M833.2M958.2M732.4M
Tax Provision28.5M40.4M26.8M30.4M35.0M30.0M
Net Interest Income(3.4M)2.5M6.4M11.0M9.9M10.4M
Interest Income5.7M6.1M7.5M11.5M10.4M7.1M
Ebitda405.0M325.5M186.5M322.1M289.9M255.9M
Reconciled Depreciation54.1M71.6M80.5M80.5M92.6M66.3M

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Other Information on Investing in Ningbo Stock

Ningbo Ligong Online 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 Ningbo Ligong shareholders. The income statement also shows Ningbo 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).