Newater Technology
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Newater Technology's past years’ income statements indicate that its last revenue has increased compared to the previous period by 36% to $51,158,766. The net income raised on $5,562,761 and profit margin reached 11%. Total operating expenses were $11,158,932.
Profit Margin
| 2015 | 6.97M | 945.57K | 13.55% |
|---|---|---|---|
| 2016 | 12.27M | 2.43M | 19.82% |
| 2017 | 25.33M | 2.59M | 10.22% |
| 2018 | 47.04M | 7.21M | 15.33% |
| 2019 | 37.57M | 4.31M | 11.47% |
| 2020 | 51.15M | 5.56M | 10.87% |
NEWA Income Statement (2015 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 51.15M | 37.57M | 47.04M | 25.33M | 12.27M | 6.97M |
Cost of revenue | 30.99M | 21.68M | 26.14M | 17.07M | 7.73M | 3.76M |
Gross profit | 20.16M | 15.88M | 20.89M | 8.26M | 4.54M | 3.21M |
Operating exp. | ||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 11.15M | 9.20M | 11.39M | 5.06M | 3.14M | 1.64M |
Operating income | 9.00M | 6.68M | 9.49M | 3.20M | 1.39M | 1.57M |
Other income (expenses), net | -2.46M | -912.2K | -630.49K | -134.07K | 1.58M | -172.64K |
Income before tax | 6.54M | 5.77M | 8.86M | 3.06M | 2.98M | 1.39M |
Income tax expense | 985.25K | 1.46M | 1.65M | 475.81K | 548.43K | 452.85K |
Net income | 5.56M | 4.31M | 7.21M | 2.59M | 2.43M | 945.57K |
Earnings per share | ||||||
Basic EPS | 0.51 | 0.4 | 0.67 | 0.26 | 0.23 | 0.11 |
Diluted EPS | 0.51 | 0.4 | 0.67 | 0.26 | 0.23 | 0.11 |
| Data source | Data source |