Qumei Historical Income Statement

603818 Stock   3.50  0.03  0.86%   
Historical analysis of Qumei Furniture income statement accounts such as Selling General Administrative of 744.1 M, Total Revenue of 3.1 B or Operating Income of 56.2 M can show how well Qumei Furniture Group performed in making a profits. Evaluating Qumei Furniture income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qumei Furniture's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qumei Furniture Group 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 Qumei Furniture Group 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 Qumei Furniture Group. 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 Qumei Income Statement Analysis

Qumei Furniture Group 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 Qumei Furniture shareholders. The income statement also shows Qumei 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).

Qumei Furniture Income Statement Chart

At present, Qumei Furniture's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.4 B, whereas Selling General Administrative is forecasted to decline to about 744.1 M.

Total Revenue

Total revenue comprises all receipts Qumei Furniture Group 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.

Operating Income

Operating Income is the amount of profit realized from Qumei Furniture Group 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 Qumei Furniture Group 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.

Cost Of Revenue

Cost of Revenue is found on Qumei Furniture Group income statement and represents the costs associated with goods and services Qumei Furniture 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.
Most accounts from Qumei Furniture's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qumei Furniture Group 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 Qumei Furniture Group. 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, Qumei Furniture's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.4 B, whereas Selling General Administrative is forecasted to decline to about 744.1 M.
 2021 2022 2023 2024 (projected)
Operating Income485.4M247.9M59.1M56.2M
Total Revenue5.1B4.9B4.0B3.1B

Qumei Furniture income statement Correlations

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0.970.60.99-0.28-0.27-0.180.390.920.96-0.58-0.290.870.99-0.93-0.61-0.910.570.870.96
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0.950.990.54-0.31-0.3-0.10.270.910.92-0.65-0.320.910.99-0.9-0.61-0.890.60.870.96
-0.4-0.280.56-0.311.00.370.06-0.28-0.270.411.0-0.32-0.380.490.90.55-0.88-0.33-0.45
-0.39-0.270.56-0.31.00.360.06-0.28-0.260.421.0-0.32-0.380.490.90.55-0.88-0.33-0.45
-0.35-0.180.08-0.10.370.36-0.66-0.18-0.34-0.180.340.21-0.220.490.460.41-0.24-0.04-0.22
0.50.390.460.270.060.06-0.660.410.550.220.060.050.34-0.49-0.21-0.470.050.240.31
0.90.920.520.91-0.28-0.28-0.180.410.9-0.39-0.310.760.9-0.86-0.61-0.840.560.730.85
0.950.960.630.92-0.27-0.26-0.340.550.9-0.46-0.270.760.96-0.94-0.61-0.940.560.850.93
-0.54-0.58-0.15-0.650.410.42-0.180.22-0.39-0.460.41-0.73-0.620.520.420.57-0.52-0.76-0.72
-0.4-0.290.55-0.321.01.00.340.06-0.31-0.270.41-0.34-0.390.50.910.55-0.89-0.33-0.46
0.810.870.440.91-0.32-0.320.210.050.760.76-0.73-0.340.87-0.7-0.55-0.770.640.890.88
0.970.990.510.99-0.38-0.38-0.220.340.90.96-0.62-0.390.87-0.95-0.68-0.940.660.890.98
-0.96-0.93-0.39-0.90.490.490.49-0.49-0.86-0.940.520.5-0.7-0.950.770.95-0.66-0.77-0.93
-0.72-0.610.23-0.610.90.90.46-0.21-0.61-0.610.420.91-0.55-0.680.770.81-0.94-0.55-0.71
-0.95-0.91-0.35-0.890.550.550.41-0.47-0.84-0.940.570.55-0.77-0.940.950.81-0.79-0.88-0.96
0.640.57-0.220.6-0.88-0.88-0.240.050.560.56-0.52-0.890.640.66-0.66-0.94-0.790.660.72
0.830.870.520.87-0.33-0.33-0.040.240.730.85-0.76-0.330.890.89-0.77-0.55-0.880.660.94
0.950.960.450.96-0.45-0.45-0.220.310.850.93-0.72-0.460.880.98-0.93-0.71-0.960.720.94
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Qumei Furniture Account Relationship Matchups

Qumei Furniture income statement Accounts

201920202021202220232024 (projected)
Interest Expense293.2M261.1M225.1M251.0M312.9M328.6M
Selling General Administrative1.2B1.1B996.2M1.2B1.1B744.1M
Total Revenue4.3B4.3B5.1B4.9B4.0B3.1B
Operating Income335.8M431.6M485.4M247.9M59.1M56.2M
Cost Of Revenue2.4B2.4B3.3B3.3B2.7B1.9B
Income Before Tax104.5M149.0M233.4M45.8M(336.6M)(319.8M)
Net Income Applicable To Common Shares(59.1M)82.2M103.9M177.9M204.6M127.0M
Net Income82.2M103.9M177.9M37.0M(304.2M)(289.0M)
Income Tax Expense4.0M6.8M29.3M41.5M37.4M26.1M
Minority Interest441.1M448.5M(14.0M)(523.2K)7.3M6.9M
Research Development90.8M90.9M101.3M98.2M83.1M78.6M
Gross Profit1.9B1.9B1.8B1.6B1.3B1.4B
Other Operating Expenses21.1M18.4M12.6M8.8M7.9M13.7M
Net Income From Continuing Ops97.7M119.7M191.9M37.5M(311.5M)(295.9M)
Ebit125.9M318.1M396.2M485.4M558.2M317.4M
Total Operating Expenses3.9B3.8B4.6B4.6B4.0B3.4B
Tax Provision6.8M29.3M41.5M8.3M(25.1M)(23.9M)
Net Interest Income(289.9M)(259.9M)(210.4M)(229.4M)(256.1M)(269.0M)
Interest Income29.8M15.2M9.9M28.3M61.7M64.7M
Ebitda692.8M710.8M797.8M637.4M733.0M620.9M
Reconciled Depreciation295.1M300.7M352.8M331.9M323.9M280.3M

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Other Information on Investing in Qumei Stock

Qumei Furniture Group 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 Qumei Furniture shareholders. The income statement also shows Qumei 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).