BEST Historical Income Statement
| BEST Stock | USD 2.10 0.01 0.47% |
Historical analysis of BEST income statement accounts such as Interest Expense of 78.6 M, Selling General Administrative of 876.1 M or Selling And Marketing Expenses of 488.8 M can show how well BEST Inc performed in making a profits. Evaluating BEST income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BEST's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining BEST Inc 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 BEST Inc is a good buy for the upcoming year.
BEST |
About BEST Income Statement Analysis
BEST Inc 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 BEST shareholders. The income statement also shows BEST 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).
BEST Income Statement Chart
BEST Inc Income Statement is one of the three primary financial statements used for reporting BEST's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BEST Inc revenue and expense. BEST Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BEST's Net Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 295.1 M in 2024, whereas Operating Income is likely to drop (900.1 M) in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts BEST Inc 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BEST Inc. It is also known as BEST 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 BEST's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BEST Inc 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 BEST Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, BEST's Net Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 295.1 M in 2024, whereas Operating Income is likely to drop (900.1 M) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 142.8M | 89.1M | 66.7M | 78.6M | Depreciation And Amortization | 300.6M | 112.0M | 170.2M | 254.5M |
BEST income statement Correlations
Click cells to compare fundamentals
BEST Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BEST income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 211.3M | 215.5M | 300.6M | 112.0M | 170.2M | 254.5M | |
| Interest Expense | 79.5M | 174.6M | 142.8M | 89.1M | 66.7M | 78.6M | |
| Selling General Administrative | 1.1B | 1.3B | 881.5M | 889.3M | 737.8M | 876.1M | |
| Selling And Marketing Expenses | 931.9M | 477.9M | 260.2M | 237.9M | 256.6M | 488.8M | |
| Total Revenue | 35.2B | 30.0B | 11.4B | 7.7B | 8.3B | 7.9B | |
| Gross Profit | 2.0B | 238.1M | (199.4M) | (263.6M) | 250.4M | 271.7M | |
| Other Operating Expenses | 35.5B | 31.7B | 12.9B | 9.2B | 9.2B | 8.8B | |
| Operating Income | (325.8M) | (1.7B) | (1.5B) | (1.4B) | (857.2M) | (900.1M) | |
| Ebit | (325.8M) | (1.7B) | (1.5B) | (1.4B) | (857.2M) | (900.1M) | |
| Research Development | 243.4M | 191.4M | 180.2M | 144.2M | 115.9M | 148.7M | |
| Ebitda | (114.5M) | (1.5B) | (1.2B) | (1.3B) | (687.0M) | (721.3M) | |
| Cost Of Revenue | 33.2B | 29.8B | 11.6B | 8.0B | 8.1B | 7.7B | |
| Total Operating Expenses | 2.3B | 1.9B | 1.3B | 1.2B | 1.2B | 1.5B | |
| Income Before Tax | (200.4M) | (1.7B) | (1.3B) | (1.5B) | (907.5M) | (952.8M) | |
| Total Other Income Expense Net | 125.4M | 32.6M | 202.4M | (38.1M) | (50.2M) | (47.7M) | |
| Net Income | (218.7M) | (1.7B) | (1.3B) | (1.5B) | (829.6M) | (871.1M) | |
| Income Tax Expense | 18.3M | 22.1M | 3.2M | 511K | 1.1M | 1.1M | |
| Interest Income | 95.4M | 74.7M | 49.7M | 80.4M | 85.2M | 71.9M | |
| Net Income From Continuing Ops | (219.1M) | (1.7B) | (1.3B) | (1.5B) | (990.9M) | (1.0B) | |
| Net Income Applicable To Common Shares | (202.4M) | (2.0B) | 261.9M | (1.5B) | (1.7B) | (1.8B) | |
| Minority Interest | (5.6M) | (26.0M) | 52.3M | 40.0M | 55.2M | 58.0M | |
| Tax Provision | 18.3M | 22.1M | 3.2M | 511K | 998K | 948.1K | |
| Net Interest Income | 16.0M | (99.9M) | (93.1M) | (8.7M) | 18.4M | 19.3M | |
| Reconciled Depreciation | 492.8M | 515.0M | 191.4M | 188.9M | 170.0M | 295.1M |
Pair Trading with BEST
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BEST position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BEST will appreciate offsetting losses from the drop in the long position's value.Moving against BEST Stock
| 0.61 | SKYW | SkyWest Earnings Call This Week | PairCorr |
| 0.55 | XPO | XPO Logistics Sell-off Trend | PairCorr |
| 0.44 | SAIA | Saia Inc | PairCorr |
| 0.42 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
The ability to find closely correlated positions to BEST could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BEST when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BEST - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BEST Inc to buy it.
The correlation of BEST is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BEST moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BEST Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BEST can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BEST Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for BEST Stock analysis
When running BEST's price analysis, check to measure BEST's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |
Is BEST's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BEST. If investors know BEST will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BEST listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.12) | Revenue Per Share 436.036 | Quarterly Revenue Growth 0.129 | Return On Assets (0.08) | Return On Equity (2.48) |
The market value of BEST Inc is measured differently than its book value, which is the value of BEST that is recorded on the company's balance sheet. Investors also form their own opinion of BEST's value that differs from its market value or its book value, called intrinsic value, which is BEST's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BEST's market value can be influenced by many factors that don't directly affect BEST's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BEST's value and its price as these two are different measures arrived at by different means. Investors typically determine if BEST is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BEST's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.