Sobute Historical Income Statement

603916 Stock   8.45  0.03  0.35%   
Historical analysis of Sobute New income statement accounts such as Selling General Administrative of 408.4 M, Total Revenue of 2.7 B or Operating Income of 401 M can show how well Sobute New Materials performed in making a profits. Evaluating Sobute New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sobute New's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Sobute 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 Sobute 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 Sobute 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 Sobute Income Statement Analysis

Sobute 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 Sobute New shareholders. The income statement also shows Sobute 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).

Sobute New Income Statement Chart

At present, Sobute New's Selling General Administrative 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 401 M, whereas Interest Expense is forecasted to decline to about 2 M.

Total Revenue

Total revenue comprises all receipts Sobute 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.

Operating Income

Operating Income is the amount of profit realized from Sobute New Materials 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 Sobute New Materials 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 Sobute New's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sobute 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 Sobute 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, Sobute New's Selling General Administrative 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 401 M, whereas Interest Expense is forecasted to decline to about 2 M.
 2021 2022 2023 2024 (projected)
Operating Income780.8M456.4M375.7M401.0M
Total Revenue4.5B3.7B3.6B2.7B

Sobute New income statement Correlations

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0.50.970.920.950.960.890.790.140.610.640.220.850.970.930.960.980.870.88
0.330.880.680.930.90.620.45-0.190.310.260.390.80.820.680.80.920.570.88
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Sobute New Account Relationship Matchups

Sobute New income statement Accounts

201920202021202220232024 (projected)
Interest Expense57.8M52.7M57.7M58.5M2.1M2.0M
Selling General Administrative654.5M384.2M422.2M438.1M302.0M408.4M
Total Revenue3.3B3.7B4.5B3.7B3.6B2.7B
Operating Income552.5M674.3M780.8M456.4M375.7M401.0M
Research Development171.1M175.9M219.6M205.7M216.7M149.6M
Cost Of Revenue1.8B2.3B2.9B2.4B2.3B1.7B
Income Before Tax460.0M588.5M685.2M395.4M254.2M342.3M
Income Tax Expense76.2M95.0M86.2M37.3M42.9M54.9M
Minority Interest236.7M301.6M(66.1M)(70.2M)(73.0M)(69.3M)
Other Operating Expenses21.2M27.3M35.6M14.7M16.9M22.1M
Net Income Applicable To Common Shares354.3M440.8M532.8M287.9M331.1M319.3M
Tax Provision76.2M95.0M86.2M37.3M20.8M19.8M
Net Interest Income(57.7M)(47.9M)(54.0M)(56.2M)1.3M1.4M
Interest Income2.3M7.3M8.0M6.5M5.3M4.8M
Gross Profit1.5B1.4B1.6B1.3B1.3B1.2B
Net Income From Continuing Ops383.8M493.5M598.9M358.1M233.4M358.4M
Ebit526.5M625.0M695.8M456.4M524.8M465.6M
Total Operating Expenses2.8B3.0B3.7B3.3B3.2B2.8B
Net Income354.3M440.8M532.8M287.9M160.4M317.8M
Ebitda615.5M757.7M907.3M639.0M734.8M663.5M
Reconciled Depreciation97.6M116.5M164.4M185.0M209.0M141.3M

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Other Information on Investing in Sobute Stock

Sobute 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 Sobute New shareholders. The income statement also shows Sobute 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).