Ningbo Historical Income Statement

301193 Stock   17.70  0.80  4.73%   
Historical analysis of Ningbo Homelink income statement accounts such as Interest Income of 12.6 M, Interest Expense of 25.3 M or Selling General Administrative of 109.9 M can show how well Ningbo Homelink Eco iTech performed in making a profits. Evaluating Ningbo Homelink income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ningbo Homelink's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ningbo Homelink Eco 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 Homelink Eco 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 Homelink Eco iTech. 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 Homelink Eco 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 Homelink 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 Homelink Income Statement Chart

At present, Ningbo Homelink's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 25.3 M, whereas Tax Provision is forecasted to decline to about 3.3 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 Ningbo Homelink Eco 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 Ningbo Homelink Eco iTech minus its cost of goods sold. It is profit before Ningbo Homelink 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.
Most accounts from Ningbo Homelink's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ningbo Homelink Eco 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 Homelink Eco iTech. 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 Homelink's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 25.3 M, whereas Tax Provision is forecasted to decline to about 3.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense12.7M15.0M16.8M25.3M
Interest Income1.4M6.3M12.0M12.6M

Ningbo Homelink income statement Correlations

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-0.30.48-0.990.260.770.640.40.090.710.390.790.780.760.050.220.56
-0.730.48-0.390.740.710.620.17-0.440.750.690.720.730.81-0.49-0.290.88
0.24-0.99-0.39-0.21-0.74-0.61-0.4-0.15-0.67-0.35-0.76-0.74-0.72-0.11-0.27-0.5
-0.340.260.74-0.210.810.810.470.120.850.70.790.810.680.070.240.48
-0.350.770.71-0.740.810.930.580.210.980.671.01.00.880.150.360.6
-0.060.640.62-0.610.810.930.820.420.970.740.90.90.720.370.560.42
0.430.40.17-0.40.470.580.820.750.640.430.520.520.210.730.83-0.11
0.790.09-0.44-0.150.120.210.420.750.230.050.160.15-0.161.00.99-0.58
-0.290.710.75-0.670.850.980.970.640.230.770.970.980.860.170.380.61
-0.120.390.69-0.350.70.670.740.430.050.770.640.670.750.030.190.68
-0.410.790.72-0.760.791.00.90.520.160.970.641.00.90.10.310.63
-0.410.780.73-0.740.811.00.90.520.150.980.671.00.90.090.310.64
-0.570.760.81-0.720.680.880.720.21-0.160.860.750.90.9-0.22-0.010.88
0.830.05-0.49-0.110.070.150.370.731.00.170.030.10.09-0.220.97-0.61
0.710.22-0.29-0.270.240.360.560.830.990.380.190.310.31-0.010.97-0.44
-0.750.560.88-0.50.480.60.42-0.11-0.580.610.680.630.640.88-0.61-0.44
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Ningbo Homelink Account Relationship Matchups

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Other Information on Investing in Ningbo Stock

Ningbo Homelink Eco 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 Homelink 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).