Ming Historical Income Statement

601615 Stock   15.51  0.03  0.19%   
Historical analysis of Ming Yang income statement accounts such as Interest Income of 141.4 M, Interest Expense of 240.1 M or Selling General Administrative of 1.2 B can show how well Ming Yang Smart performed in making a profits. Evaluating Ming Yang income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ming Yang's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Ming Yang Smart 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 Ming Yang Smart 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 Ming Yang Smart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Ming Income Statement Analysis

Ming Yang Smart 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 Ming Yang shareholders. The income statement also shows Ming 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).

Ming Yang Income Statement Chart

At present, Ming Yang's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 3.4 B, whereas Tax Provision is forecasted to decline to about 40.8 M.

Total Revenue

Total revenue comprises all receipts Ming Yang Smart 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 Ming Yang Smart minus its cost of goods sold. It is profit before Ming Yang 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ming Yang Smart. It is also known as Ming Yang 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 Ming Yang's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ming Yang Smart 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 Ming Yang Smart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At present, Ming Yang's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 3.4 B, whereas Tax Provision is forecasted to decline to about 40.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit6.1B2.4B2.2B3.4B
Total Revenue30.7B28.1B27.2B20.1B

Ming Yang income statement Correlations

-0.130.450.30.520.860.370.930.930.40.730.440.450.950.940.4-0.210.480.29
-0.13-0.62-0.24-0.58-0.42-0.56-0.13-0.16-0.64-0.53-0.58-0.59-0.16-0.16-0.560.27-0.52-0.61
0.45-0.620.740.980.720.850.490.550.920.930.980.980.540.540.88-0.720.950.91
0.3-0.240.740.680.520.480.340.380.610.670.680.680.370.370.6-0.50.610.53
0.52-0.580.980.680.790.880.570.640.940.950.991.00.620.620.9-0.740.970.93
0.86-0.420.720.520.790.60.910.940.680.920.720.730.930.930.64-0.420.680.56
0.37-0.560.850.480.880.60.410.490.830.790.890.890.480.480.8-0.610.910.9
0.93-0.130.490.340.570.910.410.980.380.750.490.50.980.980.34-0.150.470.3
0.93-0.160.550.380.640.940.490.980.470.80.560.571.01.00.45-0.280.570.4
0.4-0.640.920.610.940.680.830.380.470.880.940.940.460.450.98-0.860.920.93
0.73-0.530.930.670.950.920.790.750.80.880.920.930.80.790.85-0.670.90.81
0.44-0.580.980.680.990.720.890.490.560.940.921.00.540.540.91-0.760.970.95
0.45-0.590.980.681.00.730.890.50.570.940.931.00.560.560.91-0.760.970.95
0.95-0.160.540.370.620.930.480.981.00.460.80.540.561.00.45-0.270.560.39
0.94-0.160.540.370.620.930.480.981.00.450.790.540.561.00.44-0.260.550.39
0.4-0.560.880.60.90.640.80.340.450.980.850.910.910.450.44-0.910.920.93
-0.210.27-0.72-0.5-0.74-0.42-0.61-0.15-0.28-0.86-0.67-0.76-0.76-0.27-0.26-0.91-0.79-0.8
0.48-0.520.950.610.970.680.910.470.570.920.90.970.970.560.550.92-0.790.97
0.29-0.610.910.530.930.560.90.30.40.930.810.950.950.390.390.93-0.80.97
Click cells to compare fundamentals

Ming Yang Account Relationship Matchups

Ming Yang income statement Accounts

202020212022202320242025 (projected)
Tax Provision172.8M630.0M418.6M(24.4M)43.0M40.8M
Net Interest Income(370.6M)(287.7M)(163.4M)(177.6M)(366.9M)(385.3M)
Interest Income182.1M203.3M191.6M235.7M198.5M141.4M
Interest Expense392.9M334.8M211.0M228.6M378.9M240.1M
Selling General Administrative1.2B1.4B1.2B1.9B729.7M1.2B
Total Revenue22.5B27.2B30.7B28.1B27.2B20.1B
Gross Profit4.2B5.8B6.1B2.4B2.2B3.4B
Other Operating Expenses73.2M42.0M67.4M82.3M94.6M64.4M
Operating Income2.1B3.2B3.5B385.4M196.8M186.9M
Net Income From Continuing Ops1.3B3.0B3.4B386.9M371.9M353.3M
Ebit461.5M694.8M2.0B3.0B3.5B3.6B
Research Development600.7M872.4M843.8M604.4M562.6M547.0M
Cost Of Revenue18.3B21.3B24.6B25.7B25.0B16.7B
Total Operating Expenses20.4B23.9B27.2B27.7B27.0B18.7B
Income Before Tax1.5B3.6B3.9B362.5M414.8M394.1M
Net Income Applicable To Common Shares426.0M712.6M1.4B3.1B3.6B3.7B
Net Income1.4B3.1B3.4B376.7M346.1M328.8M
Income Tax Expense(36.2M)86.2M172.8M630.0M724.5M760.7M
Minority Interest322.3M141.7M5.4M(10.2M)(25.8M)(24.5M)
Ebitda1.4B2.4B4.8B4.9B5.6B2.8B
Reconciled Depreciation562.8M864.1M1.0B1.1B1.4B823.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Ming Stock

Ming Yang Smart 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 Ming Yang shareholders. The income statement also shows Ming 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).