PetroChina Historical Income Statement

601857 Stock   8.08  0.10  1.22%   
Historical analysis of PetroChina income statement accounts such as Selling General Administrative of 36.1 B, Total Revenue of 2.4 T or Gross Profit of 601.4 B can show how well PetroChina Co Ltd performed in making a profits. Evaluating PetroChina income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PetroChina's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining PetroChina 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 PetroChina 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 PetroChina Co Ltd. 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 PetroChina Income Statement Analysis

PetroChina 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 PetroChina shareholders. The income statement also shows PetroChina 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).

PetroChina Income Statement Chart

At present, PetroChina's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 347.8 B, whereas Selling General Administrative is forecasted to decline to about 36.1 B.

Total Revenue

Total revenue comprises all receipts PetroChina 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 PetroChina Co Ltd minus its cost of goods sold. It is profit before PetroChina 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PetroChina. It is also known as PetroChina overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from PetroChina's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PetroChina 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 PetroChina Co Ltd. 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, PetroChina's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 347.8 B, whereas Selling General Administrative is forecasted to decline to about 36.1 B.
 2022 2023 2024 2025 (projected)
Gross Profit788.1B708.6B814.9B601.4B
Total Revenue3.2T3.0T3.5T2.4T

PetroChina income statement Correlations

0.330.360.32-0.24-0.230.140.32-0.250.4-0.18-0.16-0.290.270.68-0.06-0.1-0.46-0.390.180.33
0.330.970.990.810.80.81.00.321.00.830.60.750.940.010.86-0.080.650.68-0.23-0.49
0.360.970.970.770.760.780.950.160.970.790.420.720.880.070.79-0.050.60.63-0.2-0.44
0.320.990.970.790.770.840.980.240.990.80.560.720.910.060.83-0.110.650.7-0.27-0.48
-0.240.810.770.790.990.70.810.390.770.990.710.980.77-0.420.88-0.020.950.86-0.34-0.78
-0.230.80.760.770.990.70.80.420.751.00.731.00.78-0.490.890.040.930.86-0.29-0.73
0.140.80.780.840.70.70.80.020.790.720.590.660.76-0.080.740.140.580.69-0.07-0.3
0.321.00.950.980.810.80.80.360.990.830.640.750.950.00.88-0.090.650.69-0.23-0.49
-0.250.320.160.240.390.420.020.360.260.420.60.440.45-0.410.58-0.060.430.52-0.21-0.36
0.41.00.970.990.770.750.790.990.260.790.560.70.920.090.82-0.10.60.62-0.22-0.47
-0.180.830.790.80.991.00.720.830.420.790.740.990.82-0.440.910.030.920.85-0.28-0.73
-0.160.60.420.560.710.730.590.640.60.560.740.70.67-0.360.750.030.70.61-0.17-0.58
-0.290.750.720.720.981.00.660.750.440.70.990.70.74-0.550.870.050.930.88-0.3-0.71
0.270.940.880.910.770.780.760.950.450.920.820.670.74-0.090.940.010.610.67-0.09-0.43
0.680.010.070.06-0.42-0.49-0.080.0-0.410.09-0.44-0.36-0.55-0.09-0.35-0.24-0.44-0.530.130.25
-0.060.860.790.830.880.890.740.880.580.820.910.750.870.94-0.350.030.780.85-0.18-0.54
-0.1-0.08-0.05-0.11-0.020.040.14-0.09-0.06-0.10.030.030.050.01-0.240.03-0.060.00.670.28
-0.460.650.60.650.950.930.580.650.430.60.920.70.930.61-0.440.78-0.060.86-0.41-0.85
-0.390.680.630.70.860.860.690.690.520.620.850.610.880.67-0.530.850.00.86-0.41-0.57
0.18-0.23-0.2-0.27-0.34-0.29-0.07-0.23-0.21-0.22-0.28-0.17-0.3-0.090.13-0.180.67-0.41-0.410.51
0.33-0.49-0.44-0.48-0.78-0.73-0.3-0.49-0.36-0.47-0.73-0.58-0.71-0.430.25-0.540.28-0.85-0.570.51
Click cells to compare fundamentals

PetroChina Account Relationship Matchups

PetroChina income statement Accounts

202020212022202320242025 (projected)
Interest Expense21.4B15.0B21.6B24.1B27.7B29.1B
Selling General Administrative211.9B212.6B222.6B33.0B38.0B36.1B
Total Revenue1.9T2.6T3.2T3.0T3.5T2.4T
Gross Profit452.2B613.1B788.1B708.6B814.9B601.4B
Other Operating Expenses228.3B187.8B218.0B298.4B343.1B212.4B
Operating Income75.9B156.5B216.7B288.1B331.3B347.8B
Net Income From Continuing Ops33.5B114.7B164.0B180.3B207.3B217.7B
Ebit123.6B34.6B165.2B240.0B276.0B146.0B
Cost Of Revenue1.5T2.0T2.5T2.3T2.6T1.8T
Total Operating Expenses1.9T2.5T3.0T2.7T3.1T2.2T
Income Before Tax56.1B158.2B213.3B237.5B273.1B286.7B
Total Other Income Expense Net3.6B13.8B13.4B17.8B20.5B21.5B
Net Income Applicable To Common Shares45.7B19.0B92.2B149.4B171.8B180.4B
Net Income19.0B92.2B149.4B161.1B185.3B194.6B
Income Tax Expense42.8B36.2B22.6B43.5B50.0B27.4B
Minority Interest151.5B(22.5B)(14.6B)(19.1B)(17.2B)(16.4B)
Tax Provision22.6B43.5B49.3B57.2B65.7B39.0B
Net Interest Income(23.5B)(12.1B)(16.8B)(17.4B)(15.6B)(16.4B)
Interest Income3.0B3.0B4.7B8.3B9.5B10.0B
Research Development15.7B16.7B20.0B22.0B25.3B18.9B
Ebitda353.4B82.6B404.5B234.8B211.3B232.9B
Reconciled Depreciation213.9B231.3B238.0B222.3B200.1B182.9B

Currently Active Assets on Macroaxis

Other Information on Investing in PetroChina Stock

PetroChina 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 PetroChina shareholders. The income statement also shows PetroChina 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).