Hongfa Historical Income Statement

600885 Stock

33.58 1.73 5.43%

Historical analysis of Hongfa Technology income statement accounts such as Selling General Administrative of 768.5 M, Total Revenue of 13.6 B or Cost Of Revenue of 8.6 B can show how well Hongfa Technology Co performed in making a profits. Evaluating Hongfa Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hongfa Technology's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Hongfa 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 Hongfa Technology is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hongfa 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 nation.

About Hongfa Income Statement Analysis

Hongfa 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 Hongfa Technology shareholders. The income statement also shows Hongfa 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).

Hongfa Technology Income Statement Chart

At present, Hongfa Technology's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 768.5 M, whereas Minority Interest is projected to grow to (499.2 M).

Selling General Administrative Total Revenue Cost Of Revenue Operating Income

Total Revenue

Total revenue comprises all receipts Hongfa Technology 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.

Cost Of Revenue

Cost of Revenue is found on Hongfa Technology income statement and represents the costs associated with goods and services Hongfa Technology 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.

Operating Income

Operating Income is the amount of profit realized from Hongfa Technology 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 Hongfa Technology Co 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.

Most accounts from Hongfa Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hongfa 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Hongfa 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 nation.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	6.6B	7.6B	8.2B	8.6B
Total Revenue	10.0B	11.6B	12.9B	13.6B

Cost Of Revenue Total Revenue

Hongfa Technology income statement Correlations

	Selling General Administrative	Total Revenue	Cost Of Revenue	Operating Income	Income Before Tax	Net Income	Minority Interest	Income Tax Expense	Research Development	Gross Profit	Other Operating Expenses	Net Income From Continuing Ops	Ebit	Total Operating Expenses	Total Other Income Expense Net	Tax Provision	Net Interest Income	Interest Income	Ebitda	Reconciled Depreciation
Selling General Administrative		0.62	0.61	0.58	0.6	0.58	-0.13	0.67	0.45	0.39	0.18	0.38	0.32	0.38	-0.19	0.33	-0.44	0.18	0.41	0.43
Total Revenue	0.62		1.0	0.98	0.99	0.99	-0.25	0.83	0.9	0.91	0.3	0.9	0.87	0.91	-0.69	0.46	-0.89	0.31	0.82	0.88
Cost Of Revenue	0.61	1.0		0.98	0.99	0.99	-0.27	0.81	0.91	0.92	0.3	0.91	0.88	0.92	-0.67	0.45	-0.9	0.31	0.83	0.89
Operating Income	0.58	0.98	0.98		1.0	1.0	-0.3	0.78	0.89	0.9	0.32	0.89	0.86	0.89	-0.69	0.54	-0.91	0.28	0.83	0.88
Income Before Tax	0.6	0.99	0.99	1.0		1.0	-0.27	0.81	0.89	0.9	0.33	0.89	0.87	0.89	-0.7	0.51	-0.9	0.28	0.82	0.87
Net Income	0.58	0.99	0.99	1.0	1.0		-0.28	0.8	0.9	0.91	0.32	0.91	0.88	0.91	-0.69	0.49	-0.9	0.28	0.83	0.88
Minority Interest	-0.13	-0.25	-0.27	-0.3	-0.27	-0.28		0.2	-0.3	-0.32	-0.14	-0.39	-0.29	-0.34	-0.2	-0.43	0.5	0.27	-0.54	-0.43
Income Tax Expense	0.67	0.83	0.81	0.78	0.81	0.8	0.2		0.66	0.65	0.27	0.62	0.69	0.62	-0.77	0.28	-0.55	0.23	0.48	0.54
Research Development	0.45	0.9	0.91	0.89	0.89	0.9	-0.3	0.66		0.98	0.32	0.98	0.95	0.98	-0.6	0.54	-0.88	0.3	0.94	0.95
Gross Profit	0.39	0.91	0.92	0.9	0.9	0.91	-0.32	0.65	0.98		0.34	1.0	0.96	0.99	-0.65	0.59	-0.9	0.32	0.95	0.97
Other Operating Expenses	0.18	0.3	0.3	0.32	0.33	0.32	-0.14	0.27	0.32	0.34		0.35	0.29	0.31	-0.3	0.4	-0.21	0.49	0.39	0.41
Net Income From Continuing Ops	0.38	0.9	0.91	0.89	0.89	0.91	-0.39	0.62	0.98	1.0	0.35		0.96	0.99	-0.62	0.58	-0.9	0.25	0.96	0.96
Ebit	0.32	0.87	0.88	0.86	0.87	0.88	-0.29	0.69	0.95	0.96	0.29	0.96		0.96	-0.66	0.52	-0.82	0.17	0.89	0.89
Total Operating Expenses	0.38	0.91	0.92	0.89	0.89	0.91	-0.34	0.62	0.98	0.99	0.31	0.99	0.96		-0.61	0.52	-0.89	0.31	0.95	0.97
Total Other Income Expense Net	-0.19	-0.69	-0.67	-0.69	-0.7	-0.69	-0.2	-0.77	-0.6	-0.65	-0.3	-0.62	-0.66	-0.61		-0.25	0.55	-0.13	-0.42	-0.48
Tax Provision	0.33	0.46	0.45	0.54	0.51	0.49	-0.43	0.28	0.54	0.59	0.4	0.58	0.52	0.52	-0.25		-0.57	0.17	0.69	0.64
Net Interest Income	-0.44	-0.89	-0.9	-0.91	-0.9	-0.9	0.5	-0.55	-0.88	-0.9	-0.21	-0.9	-0.82	-0.89	0.55	-0.57		-0.22	-0.89	-0.91
Interest Income	0.18	0.31	0.31	0.28	0.28	0.28	0.27	0.23	0.3	0.32	0.49	0.25	0.17	0.31	-0.13	0.17	-0.22		0.27	0.43
Ebitda	0.41	0.82	0.83	0.83	0.82	0.83	-0.54	0.48	0.94	0.95	0.39	0.96	0.89	0.95	-0.42	0.69	-0.89	0.27		0.98
Reconciled Depreciation	0.43	0.88	0.89	0.88	0.87	0.88	-0.43	0.54	0.95	0.97	0.41	0.96	0.89	0.97	-0.48	0.64	-0.91	0.43	0.98

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Hongfa Technology Account Relationship Matchups

Hongfa Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	75.9M	54.7M	55.9M	115.5M	124.0M	130.2M
Selling General Administrative	470.3M	517.2M	506.6M	588.5M	731.9M	768.5M
Total Revenue	7.1B	7.8B	10.0B	11.6B	12.9B	13.6B
Cost Of Revenue	4.5B	4.9B	6.6B	7.6B	8.2B	8.6B
Operating Income	1.2B	1.3B	1.7B	2.0B	2.5B	2.6B
Income Before Tax	1.1B	1.3B	1.6B	1.9B	2.2B	2.4B
Net Income Applicable To Common Shares	698.8M	704.1M	832.1M	1.1B	1.2B	1.3B
Net Income	704.1M	832.1M	1.1B	1.3B	1.4B	1.5B
Minority Interest	1.7B	1.9B	(389.8M)	(484.7M)	(525.4M)	(499.2M)
Income Tax Expense	152.5M	159.2M	173.1M	167.2M	192.3M	201.9M
Research Development	350.4M	381.2M	495.3M	617.5M	673.3M	424.7M
Gross Profit	2.6B	2.9B	3.5B	4.1B	4.8B	3.2B
Other Operating Expenses	20.6M	65.3M	64.1M	56.6M	65.1M	58.8M
Net Income From Continuing Ops	964.2M	1.1B	1.5B	1.7B	1.9B	1.3B
Ebit	1.2B	1.1B	1.2B	1.7B	1.9B	1.3B
Total Operating Expenses	5.9B	6.5B	8.3B	9.6B	10.4B	7.2B
Tax Provision	159.2M	173.1M	167.2M	173.5M	326.3M	209.3M
Net Interest Income	(42.6M)	(32.1M)	(53.8M)	(102.3M)	(104.1M)	(98.9M)
Interest Income	36.8M	29.5M	7.4M	16.1M	22.8M	19.3M
Ebitda	1.7B	1.9B	2.2B	2.6B	3.0B	2.1B
Reconciled Depreciation	473.6M	508.0M	546.6M	687.7M	824.9M	588.6M

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Hongfa Historical Income Statement

About Hongfa Income Statement Analysis

Hongfa Technology Income Statement Chart

Total Revenue

Cost Of Revenue

Operating Income

Hongfa Technology income statement Correlations

Hongfa Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hongfa Technology income statement Accounts

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Cost Of Revenue	+ 1.0	Total Revenue
Income Before Tax	+ 1.0	Operating Income
Net Income	+ 1.0	Operating Income
Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Gross Profit
Income Before Tax	+ 0.99	Total Revenue

Reconciled Depreciation	- 0.91	Net Interest Income
Net Interest Income	- 0.91	Operating Income
Net Interest Income	- 0.9	Net Income From Continuing Ops
Net Interest Income	- 0.9	Gross Profit
Net Interest Income	- 0.9	Net Income
Net Interest Income	- 0.9	Income Before Tax