Kangxin Historical Income Statement

600076 Stock   2.86  0.17  6.32%   
Historical analysis of Kangxin New income statement accounts such as Interest Expense of 82 M, Selling General Administrative of 21.7 M or Selling And Marketing Expenses of 9.9 M can show how well Kangxin New Materials performed in making a profits. Evaluating Kangxin New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kangxin New's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Kangxin 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 Kangxin 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 Kangxin 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 nation.

About Kangxin Income Statement Analysis

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

Kangxin New Income Statement Chart

At present, Kangxin New's Depreciation And Amortization 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 82 M, whereas Selling General Administrative is forecasted to decline to about 21.7 M.

Total Revenue

Total revenue comprises all receipts Kangxin 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kangxin New Materials. It is also known as Kangxin New 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 Kangxin New's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kangxin 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 Kangxin 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 nation.
At present, Kangxin New's Depreciation And Amortization 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 82 M, whereas Selling General Administrative is forecasted to decline to about 21.7 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses128.9M78.8M374.2M392.9M
Cost Of Revenue1.1B397.9M301.0M373.4M

Kangxin New income statement Correlations

0.90.520.460.50.30.650.140.160.410.610.78-0.05-0.63-0.070.120.63-0.450.36-0.41-0.860.550.82
0.90.450.420.440.170.63-0.020.00.240.590.68-0.19-0.72-0.2-0.150.73-0.590.37-0.67-0.90.610.85
0.520.450.960.910.880.880.770.730.820.870.310.70.040.70.540.460.420.890.11-0.57-0.260.03
0.460.420.960.960.920.920.830.820.880.920.280.760.040.760.580.430.450.890.12-0.49-0.29-0.02
0.50.440.910.960.940.970.860.850.920.980.260.77-0.010.770.650.520.430.790.15-0.48-0.140.06
0.30.170.880.920.940.830.970.960.960.850.110.930.230.920.810.250.660.720.42-0.23-0.37-0.22
0.650.630.880.920.970.830.720.710.831.00.430.6-0.20.590.50.650.20.78-0.05-0.640.020.28
0.14-0.020.770.830.860.970.720.980.940.74-0.020.970.330.960.880.090.760.620.57-0.03-0.44-0.36
0.160.00.730.820.850.960.710.980.970.730.090.950.280.940.90.020.70.560.59-0.01-0.44-0.35
0.410.240.820.880.920.960.830.940.970.840.280.870.090.850.860.190.530.610.43-0.24-0.26-0.1
0.610.590.870.920.980.851.00.740.730.840.360.63-0.170.620.520.660.250.78-0.03-0.610.010.24
0.780.680.310.280.260.110.43-0.020.090.280.36-0.16-0.6-0.20.090.22-0.510.17-0.24-0.590.260.62
-0.05-0.190.70.760.770.930.60.970.950.870.63-0.160.521.00.84-0.010.870.560.640.12-0.59-0.54
-0.63-0.720.040.04-0.010.23-0.20.330.280.09-0.17-0.60.520.550.22-0.320.80.030.520.56-0.76-0.83
-0.07-0.20.70.760.770.920.590.960.940.850.62-0.21.00.550.810.010.880.570.620.12-0.6-0.55
0.12-0.150.540.580.650.810.50.880.90.860.520.090.840.220.81-0.190.660.330.80.11-0.36-0.33
0.630.730.460.430.520.250.650.090.020.190.660.22-0.01-0.320.01-0.19-0.230.48-0.6-0.790.470.64
-0.45-0.590.420.450.430.660.20.760.70.530.25-0.510.870.80.880.66-0.230.370.750.42-0.78-0.82
0.360.370.890.890.790.720.780.620.560.610.780.170.560.030.570.330.480.37-0.01-0.59-0.31-0.01
-0.41-0.670.110.120.150.42-0.050.570.590.43-0.03-0.240.640.520.620.8-0.60.75-0.010.57-0.61-0.69
-0.86-0.9-0.57-0.49-0.48-0.23-0.64-0.03-0.01-0.24-0.61-0.590.120.560.120.11-0.790.42-0.590.57-0.45-0.76
0.550.61-0.26-0.29-0.14-0.370.02-0.44-0.44-0.260.010.26-0.59-0.76-0.6-0.360.47-0.78-0.31-0.61-0.450.87
0.820.850.03-0.020.06-0.220.28-0.36-0.35-0.10.240.62-0.54-0.83-0.55-0.330.64-0.82-0.01-0.69-0.760.87
Click cells to compare fundamentals

Kangxin New Account Relationship Matchups

Kangxin New income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization213.0M121.4M131.2M131.9M151.7M159.3M
Interest Expense90.3M115.4M77.3M85.8M78.1M82.0M
Selling General Administrative148.0M77.4M34.0M19.8M22.8M21.7M
Selling And Marketing Expenses89.5M59.0M25.6M9.0M10.4M9.9M
Total Revenue2.0B1.0B1.3B446.7M246.3M234.0M
Gross Profit748.5M94.0M221.3M48.8M(54.6M)(51.9M)
Other Operating Expenses1.5B1.1B1.2B476.7M548.2M502.6M
Operating Income399.6M(110.2M)99.6M(24.2M)(127.8M)(121.4M)
Ebit399.6M(110.2M)99.6M(24.2M)(27.8M)(26.4M)
Ebitda612.6M11.3M230.9M107.7M123.9M122.5M
Cost Of Revenue1.3B929.1M1.1B397.9M301.0M373.4M
Total Operating Expenses241.2M193.1M128.9M78.8M374.2M392.9M
Income Before Tax417.8M(202.3M)28.6M(194.5M)(284.8M)(270.6M)
Total Other Income Expense Net18.2M(92.2M)(71.0M)(170.3M)(153.3M)(145.6M)
Net Income390.0M(162.8M)30.5M(196.0M)(297.1M)(282.2M)
Income Tax Expense30.1M(39.6M)1.1M1.4M1.7M1.6M
Net Income Applicable To Common Shares467.6M390.0M(161.4M)30.5M35.0M33.3M
Research Development33.6M42.3M49.6M16.6M5.5M5.2M
Net Income From Continuing Ops392.4M(162.8M)27.5M(196.0M)(295.2M)(280.4M)
Minority Interest49.1M47.8M2.9M2.4M(1.9M)(1.8M)
Tax Provision24.1M(39.6M)1.1M1.4M10.3M10.7M
Net Interest Income(113.5M)(113.8M)(71.3M)(78.7M)(72.2M)(75.9M)
Interest Income2.5M4.1M9.0M11.5M6.9M5.0M
Reconciled Depreciation112.0M121.4M131.2M131.9M131.9M126.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Kangxin Stock

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