Shengkai Innovations
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. Total operating expenses were $13,244,575.

Profit Margin

Shengkai Innovations, Inc. (OTC:VALV): Profit margin
2012 32.31M 2.42M 7.49%

VALV Income Statement (2012 – 2012)

2012
Revenue
Revenue
32.31M
Cost of revenue
18.34M
Gross profit
13.97M
Operating exp.
Research and development
0
Selling and marketing
3.74M
Total operating expenses
13.24M
Operating income
731.80K
Other income (expenses), net
3.28M
Income before tax
4.01M
Income tax expense
1.59M
Net income
2.42M
Earnings per share
Basic EPS
0.14
Diluted EPS
0.14