Wankai Historical Income Statement

301216 Stock   9.87  0.11  1.13%   
Historical analysis of Wankai New income statement accounts such as Interest Income of 54.6 M, Interest Expense of 139.8 M or Selling General Administrative of 73.9 M can show how well Wankai New Materials performed in making a profits. Evaluating Wankai New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wankai New's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Wankai New Materials 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 Wankai New Materials 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 Wankai New Materials. 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.

About Wankai Income Statement Analysis

Wankai New Materials 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 Wankai New shareholders. The income statement also shows Wankai 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).

Wankai New Income Statement Chart

At present, Wankai New's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 139.8 M, whereas Net Interest Income is forecasted to decline to (45.6 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 Wankai New Materials 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 Wankai New Materials minus its cost of goods sold. It is profit before Wankai New 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 Wankai New's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wankai New Materials 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 Wankai New Materials. 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, Wankai New's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 139.8 M, whereas Net Interest Income is forecasted to decline to (45.6 M).
 2022 2023 2024 2025 (projected)
Interest Expense141.0M101.3M91.2M139.8M
Interest Income40.0M70.0M63.0M54.6M

Wankai New income statement Correlations

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0.26-0.810.90.84-0.29-0.06-0.25-0.26-0.440.03-0.3-0.29-0.46-0.18-0.260.48
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0.04-0.520.380.420.48-0.44-0.15-0.16-0.23-0.46-0.32-0.45-0.45-0.48-0.19-0.23
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Wankai New Account Relationship Matchups

Wankai New income statement Accounts

202020212022202320242025 (projected)
Tax Provision43.0M83.5M213.0M77.1M88.7M117.3M
Net Interest Income(70.5M)(99.1M)(116.1M)(37.8M)(43.5M)(45.6M)
Interest Income14.5M4.2M40.0M70.0M63.0M54.6M
Interest Expense73.3M90.4M141.0M101.3M91.2M139.8M
Selling General Administrative83.6M59.2M96.0M106.5M95.8M73.9M
Total Revenue9.3B9.6B19.4B17.5B20.2B14.4B
Gross Profit460.5M707.9M1.5B701.3M806.5M900.5M
Operating Income363.1M650.5M1.4B527.4M606.5M758.2M
Net Income From Continuing Ops202.6M441.9M954.9M436.3M501.7M528.6M
Research Development18.3M27.3M40.2M59.8M68.8M34.9M
Cost Of Revenue8.8B8.9B17.9B16.8B19.4B13.5B
Total Operating Expenses8.9B8.9B18.0B17.0B19.6B13.6B
Reconciled Depreciation133.7M153.5M224.3M267.5M307.6M194.4M
Income Before Tax245.5M525.4M1.2B513.4M590.4M646.0M
Net Income202.6M441.9M954.9M436.5M502.0M528.7M

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Other Information on Investing in Wankai Stock

Wankai New Materials 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 Wankai New shareholders. The income statement also shows Wankai 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).