China Modern Annual Income Statement (OTCMKTS:CMCI)
Looking at financial statements, along with the China Modern stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement for CMCI which implies a YoY revenue growth of $34.76M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. Along with China Modern assets and China Modern free cash flow, profits as shown in profit and loss statement give key insights about the business. The profits have decreased from $32.59M YoY and 2016 revenue is $101.09M. China Modern revenue for 2016 is $101.09M. View revenue and profit details for latest and last 10 financial years.
| Fiscal year is Jul - Jun. | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
China Modern Net Sales or Revenues | 101.09M | 66.33M | 58.75M | 46.76M | 29.82M | 25.02M |
| Cost Of Goods Sold (COGS) | 57.62M | 20.22M | 21.54M | 17.24M | 10.69M | 11.93M |
China Modern Gross Profit | 43.46M | 46.1M | 37.2M | 29.52M | 19.12M | 13.09M |
| Research & Development Expense | 0.3M | - | - | - | - | - |
| Selling General & Admin Expense | 43.49M | 1.93M | 1.64M | 1.28M | 2.29M | 1.39M |
| Income Before Depreciation Depletion Amortization | -0.33M | 44.17M | 35.56M | 28.24M | 16.83M | 11.69M |
| Depreciation Depletion Amortization | - | - | - | - | - | - |
| Non Operating Income | 0.53M | -0.25M | 0.68M | 1M | 6.78M | 0.15M |
| Interest Expense | - | - | - | - | - | - |
China Modern Pretax Income | 0.19M | 43.91M | 36.25M | 29.24M | 23.61M | 11.85M |
| Provision for Income Taxes | 2.4M | 10.96M | 9.44M | 7.39M | 6.06M | 2.86M |
| Minority Interest | 16.64M | 0.35M | 0.28M | 0.21M | 0.14M | - |
| Investment Gains Losses | - | - | - | - | - | - |
| Other Income | - | - | - | - | - | - |
| Income Before Extraordinaries & Disc Operations | -2.2M | 32.94M | 26.8M | 21.85M | 17.55M | 8.98M |
| Extraordinary Items & Discontinued Operations | - | - | - | - | - | - |
China Modern Net Income (Profit/Loss) | -18.84M | 32.59M | 26.52M | 21.63M | 17.4M | 8.98M |
| Average Shares used to compute Diluted EPS | 53.1M | 53.1M | - | 53.1M | 47M | - |
| Average Shares used to compute Basic EPS | 53.1M | 53.1M | - | 53.1M | 47M | - |
| Income Before Nonrecurring Items | -18.85M | 32.59M | - | 21.64M | 17.4M | - |
| Income from Nonrecurring Items | - | - | - | - | - | - |
China Modern Earnings Per Share Basic Net | -0.35 | 0.61 | 0.50 | 0.41 | 0.37 | - |
China Modern Earnings Per Share Diluted Net | -0.35 | 0.61 | - | 0.41 | 0.37 | - |
| EPS Diluted Before Nonrecurring Items | -0.35 | 0.61 | - | 0.41 | 0.37 | - |
| Preferred Dividends Acc Pd | - | - | - | - | - | - |
| Dividends Common | - | - | - | - | - | - |
| Dividend Per Share Common | - | - | - | - | - | - |
- Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that CMCI stock has a topline or revenue of $101.09M for 2016 as per this China Modern revenue chart. Investors look for stocks with a growing top line.
- Bottom line: Most businesses like China Modern try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
