Xenetic Historical Income Statement
| XBIO Stock | USD 3.60 0.03 0.83% |
Historical analysis of Xenetic Biosciences income statement accounts such as Selling General Administrative of 3.8 M, Total Revenue of 1.6 M, Gross Profit of 1.6 M or Other Operating Expenses of 9.6 M can show how well Xenetic Biosciences performed in making a profits. Evaluating Xenetic Biosciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Xenetic Biosciences's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Xenetic Biosciences 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 Xenetic Biosciences is a good buy for the upcoming year.
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About Xenetic Income Statement Analysis
Xenetic Biosciences 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 Xenetic Biosciences shareholders. The income statement also shows Xenetic 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).
Xenetic Biosciences Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Xenetic Biosciences. It is also known as Xenetic Biosciences 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Xenetic Biosciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Xenetic Biosciences 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xenetic Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Xenetic Stock, please use our How to Invest in Xenetic Biosciences guide.At this time, Xenetic Biosciences' Interest Income is very stable compared to the past year.
Xenetic Biosciences income statement Correlations
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Xenetic Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xenetic Biosciences income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 28.8K | 35.5K | 27.0K | (28.2K) | (26.8K) | |
| Interest Expense | 111.8K | 18.4M | 101.6K | (165.6K) | (190.4K) | (180.9K) | |
| Selling General Administrative | 4.7M | 3.4M | 3.7M | 3.7M | 3.6M | 3.8M | |
| Total Revenue | 17.1K | 436.9K | 1.2M | 1.7M | 2.5M | 1.6M | |
| Gross Profit | 17.1K | 436.9K | 1.1M | 1.7M | 2.5M | 1.6M | |
| Other Operating Expenses | 9.6M | 5.1M | 6.9M | 8.4M | 7.1M | 9.6M | |
| Operating Income | (12.9M) | 4.5M | (5.7M) | (6.7M) | (4.5M) | (4.7M) | |
| Ebit | (6.5M) | 4.5M | (5.7M) | (6.7M) | (4.5M) | (4.7M) | |
| Research Development | 4.9M | 1.7M | 3.2M | 4.8M | 3.5M | 5.6M | |
| Ebitda | (6.3M) | 4.6M | (5.7M) | (6.7M) | (4.5M) | (4.7M) | |
| Total Operating Expenses | 9.6M | 5.1M | 6.9M | 8.4M | 7.1M | 9.6M | |
| Income Before Tax | (12.8M) | (13.8M) | (5.6M) | (6.6M) | (4.1M) | (4.3M) | |
| Total Other Income Expense Net | 111.8K | (18.4M) | 101.6K | 165.6K | 381.1K | 400.2K | |
| Net Income | (15.9M) | (10.9M) | (5.5M) | (6.4M) | (4.1M) | (4.3M) | |
| Income Tax Expense | 3.2M | (2.9M) | (100.5K) | (165.6K) | 28.2K | 26.8K | |
| Net Income From Continuing Ops | (12.8M) | (10.9M) | (5.6M) | (6.6M) | (4.4M) | (4.7M) | |
| Non Operating Income Net Other | (24.6K) | (24.6K) | 3.3K | (492.0) | (565.8) | (594.09) | |
| Net Income Applicable To Common Shares | (7.3M) | (18.1M) | (10.9M) | (5.6M) | (6.5M) | (6.8M) | |
| Net Interest Income | 108.5K | 126.2K | 100.5K | 167.2K | 351.8K | 369.4K | |
| Interest Income | 108.5K | 126.2K | 100.5K | 167.2K | 351.8K | 369.4K | |
| Reconciled Depreciation | 15.8K | 27.5K | 28.8K | 35.5K | 27.0K | 0.0 |
Pair Trading with Xenetic Biosciences
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xenetic Biosciences position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xenetic Biosciences will appreciate offsetting losses from the drop in the long position's value.Moving against Xenetic Stock
The ability to find closely correlated positions to Xenetic Biosciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xenetic Biosciences when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xenetic Biosciences - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xenetic Biosciences to buy it.
The correlation of Xenetic Biosciences is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xenetic Biosciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xenetic Biosciences moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Xenetic Biosciences can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xenetic Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Xenetic Stock, please use our How to Invest in Xenetic Biosciences guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Xenetic Biosciences. If investors know Xenetic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Xenetic Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.03) | Revenue Per Share 1.638 | Quarterly Revenue Growth 0.116 | Return On Assets (0.29) | Return On Equity (0.49) |
The market value of Xenetic Biosciences is measured differently than its book value, which is the value of Xenetic that is recorded on the company's balance sheet. Investors also form their own opinion of Xenetic Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Xenetic Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xenetic Biosciences' market value can be influenced by many factors that don't directly affect Xenetic Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xenetic Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xenetic Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xenetic Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.