HITECH Historical Income Statement

HITECH Stock

102.50 2.89 2.74%

Historical analysis of Hi Tech income statement accounts such as Selling And Marketing Expenses of 12.2 M or Total Revenue of 32.6 B can show how well Hi Tech Pipes Limited performed in making a profits. Evaluating Hi Tech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hi Tech'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 Hi Tech Pipes 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 Hi Tech Pipes is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hi Tech Pipes Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About HITECH Income Statement Analysis

Hi Tech Pipes 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 Hi Tech shareholders. The income statement also shows HITECH 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).

Hi Tech Income Statement Chart

At present, Hi Tech's Depreciation And Amortization 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 391.7 M, whereas Selling And Marketing Expenses is forecasted to decline to about 12.2 M.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Total Revenue

Total revenue comprises all receipts Hi Tech Pipes 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 Hi Tech Pipes Limited minus its cost of goods sold. It is profit before Hi Tech 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 Hi Tech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hi Tech Pipes 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hi Tech Pipes Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

	2022	2023	2024	2025 (projected)
Gross Profit	2.1B	2.4B	2.7B	2.9B
Total Revenue	23.9B	27.0B	31.0B	32.6B

Gross Profit Total Revenue

Hi Tech income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.83	-0.02	0.97	0.97	0.97	0.94	0.78	0.8	0.97	0.39	0.91	-0.87	0.92	0.85	0.85	0.81	0.72	-0.34	-0.88	0.9
Selling General Administrative	0.83		-0.38	0.79	0.79	0.78	0.92	0.49	0.52	0.79	-0.14	0.69	-0.92	0.7	0.64	0.63	0.56	0.63	-0.59	-0.65	0.72
Selling And Marketing Expenses	-0.02	-0.38		0.12	0.13	0.13	-0.04	0.43	0.39	0.12	0.58	0.28	0.28	0.28	0.29	0.29	0.36	-0.07	0.89	-0.35	0.05
Total Revenue	0.97	0.79	0.12		1.0	1.0	0.96	0.86	0.87	1.0	0.45	0.97	-0.81	0.98	0.93	0.91	0.89	0.74	-0.21	-0.95	0.9
Gross Profit	0.97	0.79	0.13	1.0		1.0	0.96	0.86	0.87	1.0	0.45	0.98	-0.81	0.98	0.93	0.9	0.89	0.74	-0.2	-0.95	0.9
Other Operating Expenses	0.97	0.78	0.13	1.0	1.0		0.95	0.87	0.87	1.0	0.47	0.97	-0.79	0.98	0.93	0.91	0.89	0.74	-0.19	-0.95	0.9
Operating Income	0.94	0.92	-0.04	0.96	0.96	0.95		0.77	0.78	0.96	0.19	0.92	-0.89	0.92	0.88	0.84	0.81	0.72	-0.34	-0.88	0.85
Ebit	0.78	0.49	0.43	0.86	0.86	0.87	0.77		1.0	0.86	0.53	0.91	-0.6	0.91	0.9	0.98	0.99	0.75	0.1	-0.91	0.87
Ebitda	0.8	0.52	0.39	0.87	0.87	0.87	0.78	1.0		0.87	0.52	0.91	-0.63	0.91	0.89	0.98	0.99	0.77	0.06	-0.91	0.9
Cost Of Revenue	0.97	0.79	0.12	1.0	1.0	1.0	0.96	0.86	0.87		0.45	0.97	-0.81	0.98	0.93	0.91	0.89	0.74	-0.21	-0.95	0.9
Total Operating Expenses	0.39	-0.14	0.58	0.45	0.45	0.47	0.19	0.53	0.52	0.45		0.5	0.07	0.5	0.47	0.44	0.51	0.25	0.44	-0.53	0.4
Income Before Tax	0.91	0.69	0.28	0.97	0.98	0.97	0.92	0.91	0.91	0.97	0.5		-0.73	1.0	0.98	0.91	0.93	0.73	-0.07	-0.96	0.85
Total Other Income Expense Net	-0.87	-0.92	0.28	-0.81	-0.81	-0.79	-0.89	-0.6	-0.63	-0.81	0.07	-0.73		-0.74	-0.69	-0.7	-0.64	-0.66	0.57	0.69	-0.76
Net Income	0.92	0.7	0.28	0.98	0.98	0.98	0.92	0.91	0.91	0.98	0.5	1.0	-0.74		0.97	0.92	0.93	0.72	-0.07	-0.97	0.86
Income Tax Expense	0.85	0.64	0.29	0.93	0.93	0.93	0.88	0.9	0.89	0.93	0.47	0.98	-0.69	0.97		0.87	0.9	0.75	-0.06	-0.91	0.78
Interest Expense	0.85	0.63	0.29	0.91	0.9	0.91	0.84	0.98	0.98	0.91	0.44	0.91	-0.7	0.92	0.87		0.98	0.77	-0.03	-0.92	0.94
Net Income From Continuing Ops	0.81	0.56	0.36	0.89	0.89	0.89	0.81	0.99	0.99	0.89	0.51	0.93	-0.64	0.93	0.9	0.98		0.81	0.04	-0.93	0.91
Tax Provision	0.72	0.63	-0.07	0.74	0.74	0.74	0.72	0.75	0.77	0.74	0.25	0.73	-0.66	0.72	0.75	0.77	0.81		-0.26	-0.69	0.85
Interest Income	-0.34	-0.59	0.89	-0.21	-0.2	-0.19	-0.34	0.1	0.06	-0.21	0.44	-0.07	0.57	-0.07	-0.06	-0.03	0.04	-0.26		-0.04	-0.22
Net Interest Income	-0.88	-0.65	-0.35	-0.95	-0.95	-0.95	-0.88	-0.91	-0.91	-0.95	-0.53	-0.96	0.69	-0.97	-0.91	-0.92	-0.93	-0.69	-0.04		-0.87
Reconciled Depreciation	0.9	0.72	0.05	0.9	0.9	0.9	0.85	0.87	0.9	0.9	0.4	0.85	-0.76	0.86	0.78	0.94	0.91	0.85	-0.22	-0.87

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Hi Tech Account Relationship Matchups

Hi Tech income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	83.2M	96.6M	137.7M	154.9M	178.1M	187.0M
Selling General Administrative	19.3M	20.3M	34.3M	324.4M	373.1M	391.7M
Selling And Marketing Expenses	132.4M	174.0M	46.9M	11.2M	12.9M	12.2M
Total Revenue	13.4B	18.8B	23.9B	27.0B	31.0B	32.6B
Gross Profit	1.3B	1.8B	2.1B	2.4B	2.7B	2.9B
Other Operating Expenses	12.8B	17.9B	23.0B	25.0B	28.7B	30.1B
Operating Income	624.8M	908.6M	917M	2.0B	2.3B	2.5B
Ebit	632.8M	917.9M	851.8M	970.9M	1.1B	579.4M
Ebitda	716.0M	1.0B	989.6M	1.1B	1.3B	658.7M
Cost Of Revenue	12.1B	17.0B	21.7B	24.6B	28.3B	29.7B
Total Operating Expenses	672.4M	884.9M	1.2B	335.6M	385.9M	599.6M
Income Before Tax	309.9M	553.2M	498.8M	586.9M	674.9M	708.6M
Total Other Income Expense Net	(303.2M)	(346.4M)	(384.3M)	(1.4B)	(1.3B)	(1.2B)
Net Income	228.0M	403.3M	376.8M	439.3M	505.2M	530.5M
Income Tax Expense	81.9M	150.0M	122.0M	147.6M	169.7M	178.2M
Interest Expense	282.5M	328.2M	353.0M	418.6M	481.4M	291.7M
Net Income From Continuing Ops	228.0M	403.3M	376.8M	439.3M	505.2M	258.8M
Net Income Applicable To Common Shares	203.9M	228.0M	403.3M	283.3M	325.8M	231.8M
Tax Provision	53.8M	129.9M	122.0M	147.6M	169.7M	86.0M
Interest Income	116.1M	161.3M	54.3M	11.0M	12.7M	12.0M
Net Interest Income	(322.9M)	(364.7M)	(353.0M)	(418.6M)	(376.8M)	(395.6M)
Reconciled Depreciation	83.2M	96.6M	137.7M	154.9M	178.1M	99.2M

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HITECH Historical Income Statement

About HITECH Income Statement Analysis

Hi Tech Income Statement Chart

Total Revenue

Gross Profit

Hi Tech income statement Correlations

Hi Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hi Tech income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses

Net Interest Income	- 0.97	Net Income
Net Interest Income	- 0.96	Income Before Tax
Net Interest Income	- 0.95	Cost Of Revenue
Net Interest Income	- 0.95	Other Operating Expenses
Net Interest Income	- 0.95	Gross Profit
Net Interest Income	- 0.95	Total Revenue