HengFeng Historical Income Statement

300605 Stock   14.21  0.63  4.25%   
Historical analysis of HengFeng Information income statement accounts such as Interest Income of 6.8 M, Interest Expense of 16.6 M or Selling General Administrative of 25.1 M can show how well HengFeng Information Technology performed in making a profits. Evaluating HengFeng Information income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of HengFeng Information's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining HengFeng Information 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 HengFeng Information 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 HengFeng Information Technology. 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 HengFeng Income Statement Analysis

HengFeng Information 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 HengFeng Information shareholders. The income statement also shows HengFeng 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).

HengFeng Information Income Statement Chart

At present, HengFeng Information's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 16.6 M, whereas Tax Provision is forecasted to decline to about 586.1 K.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts HengFeng Information 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 HengFeng Information Technology minus its cost of goods sold. It is profit before HengFeng Information 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 HengFeng Information's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into HengFeng Information 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 HengFeng Information Technology. 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, HengFeng Information's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 16.6 M, whereas Tax Provision is forecasted to decline to about 586.1 K.
 2021 2022 2023 2024 (projected)
Gross Profit144.1M131.8M124.9M144.8M
Total Revenue612.3M515.2M484.4M541.7M

HengFeng Information income statement Correlations

0.9-0.89-0.76-0.56-0.430.11-0.120.67-0.22-0.49-0.59-0.60.750.670.890.39-0.48-0.94
0.9-0.85-0.64-0.36-0.260.330.020.77-0.2-0.27-0.39-0.40.830.780.670.46-0.49-0.94
-0.89-0.850.780.480.45-0.410.22-0.640.140.360.480.5-0.71-0.64-0.68-0.170.570.94
-0.76-0.640.780.820.79-0.090.55-0.140.50.750.820.84-0.25-0.14-0.710.240.840.81
-0.56-0.360.480.820.970.310.820.230.770.981.01.00.120.23-0.620.430.840.59
-0.43-0.260.450.790.970.230.930.340.820.950.940.940.230.33-0.430.610.90.52
0.110.33-0.41-0.090.310.230.220.470.440.450.340.320.440.47-0.090.2-0.02-0.31
-0.120.020.220.550.820.930.220.550.80.820.780.780.470.54-0.10.790.80.26
0.670.77-0.64-0.140.230.340.470.550.380.310.20.180.991.00.430.820.13-0.61
-0.22-0.20.140.50.770.820.440.80.380.830.740.750.30.37-0.140.530.80.3
-0.49-0.270.360.750.980.950.450.820.310.830.980.980.20.31-0.560.460.80.49
-0.59-0.390.480.821.00.940.340.780.20.740.981.00.080.2-0.670.370.80.61
-0.6-0.40.50.841.00.940.320.780.180.750.981.00.070.18-0.670.370.820.62
0.750.83-0.71-0.250.120.230.440.470.990.30.20.080.070.990.520.790.03-0.69
0.670.78-0.64-0.140.230.330.470.541.00.370.310.20.180.990.420.810.12-0.61
0.890.67-0.68-0.71-0.62-0.43-0.09-0.10.43-0.14-0.56-0.67-0.670.520.420.35-0.34-0.75
0.390.46-0.170.240.430.610.20.790.820.530.460.370.370.790.810.350.53-0.23
-0.48-0.490.570.840.840.9-0.020.80.130.80.80.80.820.030.12-0.340.530.66
-0.94-0.940.940.810.590.52-0.310.26-0.610.30.490.610.62-0.69-0.61-0.75-0.230.66
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HengFeng Information Account Relationship Matchups

HengFeng Information income statement Accounts

201920202021202220232024 (projected)
Tax Provision6.6M7.9M3.2M3.9M617.0K586.1K
Net Interest Income39.6K(880.1K)(3.4M)(3.5M)(9.9M)(9.4M)
Interest Income897.1K735.9K455.3K3.9M6.5M6.8M
Interest Expense15.7K1.3M3.3M6.8M15.8M16.6M
Selling General Administrative22.6M22.8M23.4M24.0M34.1M25.1M
Total Revenue566.6M502.1M612.3M515.2M484.4M541.7M
Gross Profit163.1M146.8M144.1M131.8M124.9M144.8M
Other Operating Expenses2.8M1.9M4.0M1.6M1.4M2.1M
Operating Income82.8M78.3M61.7M61.1M45.5M68.5M
Net Income From Continuing Ops61.2M59.1M47.0M38.8M17.0M16.2M
Ebit65.9M60.5M61.7M44.8M51.5M59.9M
Research Development36.0M29.8M40.8M27.0M27.2M32.3M
Cost Of Revenue403.5M355.3M468.2M383.4M359.4M396.9M
Total Operating Expenses484.7M423.9M550.6M454.2M438.8M473.6M
Income Before Tax67.9M67.0M50.3M42.6M17.6M16.8M
Net Income Applicable To Common Shares60.7M58.9M47.0M39.3M45.2M53.5M
Net Income60.7M58.9M47.0M39.3M16.9M16.0M
Income Tax Expense6.6M7.9M3.2M3.9M3.5M4.6M
Minority Interest2.7M2.8M7.1K557.7K(138.6K)(131.7K)
Ebitda72.9M74.5M62.7M61.9M71.2M71.2M
Reconciled Depreciation5.1M6.2M9.0M12.5M19.0M19.9M

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Other Information on Investing in HengFeng Stock

HengFeng Information 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 HengFeng Information shareholders. The income statement also shows HengFeng 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).