Huaibei Historical Income Statement

600985 Stock   15.03  0.15  1.01%   
Historical analysis of Huaibei Mining income statement accounts such as Interest Expense of 730.3 M, Selling General Administrative of 623.9 M or Total Revenue of 51.8 B can show how well Huaibei Mining Holdings performed in making a profits. Evaluating Huaibei Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Huaibei Mining's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Huaibei Mining Holdings 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 Huaibei Mining Holdings 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 Huaibei Mining Holdings. 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 Huaibei Income Statement Analysis

Huaibei Mining Holdings 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 Huaibei Mining shareholders. The income statement also shows Huaibei 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).

Huaibei Mining Income Statement Chart

At present, Huaibei Mining's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 1.4 B, whereas Tax Provision is forecasted to decline to about 656.7 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 Huaibei Mining Holdings 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 Huaibei Mining Holdings minus its cost of goods sold. It is profit before Huaibei Mining 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 Huaibei Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huaibei Mining Holdings 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 Huaibei Mining Holdings. 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, Huaibei Mining's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 1.4 B, whereas Tax Provision is forecasted to decline to about 656.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit12.9B16.1B14.0B10.2B
Total Revenue65.0B69.2B73.6B51.8B

Huaibei Mining income statement Correlations

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Huaibei Mining Account Relationship Matchups

Huaibei Mining income statement Accounts

201920202021202220232024 (projected)
Tax Provision571.4M619.9M844.6M1.1B1.1B656.7M
Net Interest Income(1.2B)(875.3M)(724.4M)(632.6M)(14.4M)(15.2M)
Interest Expense1.2B852.0M620.6M548.0M729.0M730.3M
Selling General Administrative762.9M591.0M672.1M762.1M724.6M623.9M
Total Revenue60.1B52.4B65.0B69.2B73.6B51.8B
Gross Profit9.9B9.6B12.9B16.1B14.0B10.2B
Other Operating Expenses499.2M567.5M535.2M696.3M800.7M573.2M
Operating Income4.2B5.0B7.1B9.3B7.8B5.3B
Net Income From Continuing Ops3.6B3.7B5.2B7.1B6.0B4.1B
Ebit5.5B4.8B4.6B6.7B7.7B5.1B
Cost Of Revenue50.2B42.8B52.2B53.1B59.6B41.6B
Total Operating Expenses54.8B47.3B57.9B59.9B65.8B46.2B
Income Before Tax4.2B4.3B6.0B8.3B7.1B4.7B
Net Income Applicable To Common Shares3.6B3.6B3.5B7.0B8.1B4.4B
Net Income3.6B3.5B4.8B7.0B6.2B4.0B
Income Tax Expense620.7M619.9M879.0M1.1B1.3B1.4B
Minority Interest3.8B4.2B(418.4M)(129.2M)274.2M260.5M
Research Development1.2B1.4B1.7B1.6B1.8B1.5B
Ebitda7.6B7.6B9.6B13.1B15.1B8.5B
Reconciled Depreciation2.2B2.5B2.9B4.3B4.4B3.0B
Interest Income15.6M16.7M9.9M40.4M5.6M5.3M

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Other Information on Investing in Huaibei Stock

Huaibei Mining Holdings 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 Huaibei Mining shareholders. The income statement also shows Huaibei 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).