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Newater Technology, Inc. (NEWA)
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Newater Technology, Inc. Income Statement 2020-2011 | NEWA
Brief overview of income trends at Newater Technology, Inc.
This overview is based on financial performance over the past five years. Revenue at Newater Technology, Inc. moved from $7 million in 2015 to $51.2 million in 2020. Across the full period, sales moved by +633.1%; the average annual rate was 48.9%. The company expanded its revenue base at a high speed.
The five-year change in gross profit reached +527.4%: from $3.2 million to $20.2 million. At the margin level, the figure shifted from 46.1% to 39.4%. The margin decline reflects a less favorable sales-and-cost structure.
EBITDA was $1.7 million at the beginning and $11.2 million at the end of the period (+573.8%). EBITDA underperformed the top-line trend. EBITDA margin was 23.8% at the start and 21.8% at the end. Operating profitability remained broadly stable.
The net result moved from $946 thousand to $5.6 million, or +488.3%. There was no meaningful strengthening in net profitability.
Overall conclusion
The financial profile remains mixed, with strengths and risks moving in different directions. The strongest signals are sales growth and improving net profitability. The main areas of concern are weaker gross profitability and weaker operating efficiency. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Newater Technology, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
38.5 M | 40.3 M | 65.6 M | 103 M | - | - | - | - | - | - |
Shares |
10.8 M | 10.8 M | 10.8 M | 9.86 M | - | - | - | - | - | - |
Net Income |
5.56 M | 4.31 M | 7.21 M | 2.59 M | 2.43 M | 946 K | - | - | - | - |
Revenue |
51.2 M | 37.6 M | 47 M | 25.3 M | 12.3 M | 6.98 M | - | - | - | - |
EBITDA |
11.2 M | 8.24 M | 10.1 M | 3.43 M | 1.58 M | 1.66 M | - | - | - | - |
Operating Expenses |
11.2 M | 9.2 M | 11.4 M | 5.06 M | 3.15 M | 1.64 M | - | - | - | - |
General and Administrative Expenses |
- | 10.1 M | 12 M | 5.58 M | 3.15 M | - | - | - | - | - |
Annual performance
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All numbers in USD currency
The income statement is one of the three key financial reports of a company Newater Technology, Inc. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.