BEST Historical Income Statement

BEST Stock

USD 2.10 0.06 2.94%

Historical analysis of BEST income statement accounts such as Interest Expense of 78.3 M, Selling General Administrative of 876.1 M or Selling And Marketing Expenses of 488.8 M can show how well BEST Inc performed in making a profits. Evaluating BEST income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BEST's future profits or losses.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining BEST Inc 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 BEST Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BEST Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About BEST Income Statement Analysis

BEST Inc 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 BEST shareholders. The income statement also shows BEST 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).

BEST Income Statement Chart

At this time, BEST's Net Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 274.6 M in 2024, whereas Operating Income is likely to drop (999.5 M) in 2024.

Interest Expense Selling General Administrative Selling And Marketing Expenses Total Revenue Other Operating Expenses

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts BEST Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BEST Inc. It is also known as BEST 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.

Most accounts from BEST's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BEST Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BEST Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

	2021	2022	2023	2024 (projected)
Interest Expense	142.8M	89.1M	64.3M	78.3M
Depreciation And Amortization	300.6M	112.0M	189.2M	256.6M

Interest Expense Depreciation And Amortization

BEST income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Income	Net Income From Continuing Ops	Minority Interest	Tax Provision	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.48	0.7	0.78	0.65	0.6	0.65	-0.23	-0.36	0.69	-0.09	0.64	0.77	-0.09	0.5	-0.1	-0.32	0.7	-0.44	0.13	0.48	0.01	0.14
Interest Expense	0.48		0.87	0.42	0.64	0.39	0.65	-0.56	-0.55	0.83	-0.45	0.65	0.73	-0.47	0.35	-0.47	-0.29	0.71	-0.72	0.24	0.64	-0.7	-0.02
Selling General Administrative	0.7	0.87		0.77	0.85	0.7	0.86	-0.39	-0.44	0.97	-0.26	0.85	0.96	-0.29	0.31	-0.29	-0.31	0.93	-0.68	0.16	0.76	-0.3	0.13
Selling And Marketing Expenses	0.78	0.42	0.77		0.9	0.92	0.89	0.12	-0.02	0.81	0.22	0.89	0.92	0.22	0.43	0.21	-0.13	0.79	-0.22	-0.14	0.76	0.19	0.48
Total Revenue	0.65	0.64	0.85	0.9		0.87	1.0	-0.04	-0.17	0.86	0.03	1.0	0.93	0.06	0.51	0.03	0.03	0.76	-0.3	-0.3	0.95	-0.17	0.58
Gross Profit	0.6	0.39	0.7	0.92	0.87		0.85	0.37	0.25	0.78	0.46	0.85	0.85	0.46	0.4	0.45	-0.07	0.78	-0.01	-0.08	0.74	0.22	0.44
Other Operating Expenses	0.65	0.65	0.86	0.89	1.0	0.85		-0.07	-0.2	0.87	-0.01	1.0	0.93	0.03	0.51	-0.01	0.02	0.77	-0.33	-0.29	0.95	-0.19	0.57
Operating Income	-0.23	-0.56	-0.39	0.12	-0.04	0.37	-0.07		0.96	-0.23	0.96	-0.07	-0.16	0.99	0.03	0.98	0.27	-0.18	0.87	-0.18	-0.08	0.64	0.3
Ebit	-0.36	-0.55	-0.44	-0.02	-0.17	0.25	-0.2	0.96		-0.28	0.96	-0.19	-0.26	0.93	-0.12	0.95	0.21	-0.23	0.83	-0.03	-0.2	0.59	0.16
Research Development	0.69	0.83	0.97	0.81	0.86	0.78	0.87	-0.23	-0.28		-0.1	0.86	0.96	-0.12	0.45	-0.12	-0.32	0.91	-0.55	0.2	0.74	-0.27	0.13
Ebitda	-0.09	-0.45	-0.26	0.22	0.03	0.46	-0.01	0.96	0.96	-0.1		0.0	-0.04	0.97	0.04	0.99	0.14	-0.04	0.77	-0.02	-0.06	0.63	0.23
Cost Of Revenue	0.64	0.65	0.85	0.89	1.0	0.85	1.0	-0.07	-0.19	0.86	0.0		0.92	0.03	0.51	0.0	0.03	0.75	-0.32	-0.31	0.96	-0.19	0.59
Total Operating Expenses	0.77	0.73	0.96	0.92	0.93	0.85	0.93	-0.16	-0.26	0.96	-0.04	0.92		-0.06	0.39	-0.06	-0.24	0.92	-0.49	0.04	0.82	-0.11	0.3
Income Before Tax	-0.09	-0.47	-0.29	0.22	0.06	0.46	0.03	0.99	0.93	-0.12	0.97	0.03	-0.06		0.17	1.0	0.24	-0.09	0.84	-0.15	-0.01	0.59	0.31
Total Other Income Expense Net	0.5	0.35	0.31	0.43	0.51	0.4	0.51	0.03	-0.12	0.45	0.04	0.51	0.39	0.17		0.11	0.13	0.17	0.04	-0.2	0.44	-0.38	0.3
Net Income	-0.1	-0.47	-0.29	0.21	0.03	0.45	-0.01	0.98	0.95	-0.12	0.99	0.0	-0.06	1.0	0.11		0.2	-0.07	0.82	-0.08	-0.05	0.61	0.25
Income Tax Expense	-0.32	-0.29	-0.31	-0.13	0.03	-0.07	0.02	0.27	0.21	-0.32	0.14	0.03	-0.24	0.24	0.13	0.2		-0.46	0.6	-0.68	0.19	-0.04	0.58
Interest Income	0.7	0.71	0.93	0.79	0.76	0.78	0.77	-0.18	-0.23	0.91	-0.04	0.75	0.92	-0.09	0.17	-0.07	-0.46		-0.56	0.31	0.62	0.0	0.0
Net Income From Continuing Ops	-0.44	-0.72	-0.68	-0.22	-0.3	-0.01	-0.33	0.87	0.83	-0.55	0.77	-0.32	-0.49	0.84	0.04	0.82	0.6	-0.56		-0.33	-0.27	0.47	0.29
Minority Interest	0.13	0.24	0.16	-0.14	-0.3	-0.08	-0.29	-0.18	-0.03	0.2	-0.02	-0.31	0.04	-0.15	-0.2	-0.08	-0.68	0.31	-0.33		-0.46	0.03	-0.89
Tax Provision	0.48	0.64	0.76	0.76	0.95	0.74	0.95	-0.08	-0.2	0.74	-0.06	0.96	0.82	-0.01	0.44	-0.05	0.19	0.62	-0.27	-0.46		-0.31	0.69
Net Interest Income	0.01	-0.7	-0.3	0.19	-0.17	0.22	-0.19	0.64	0.59	-0.27	0.63	-0.19	-0.11	0.59	-0.38	0.61	-0.04	0.0	0.47	0.03	-0.31		0.02
Reconciled Depreciation	0.14	-0.02	0.13	0.48	0.58	0.44	0.57	0.3	0.16	0.13	0.23	0.59	0.3	0.31	0.3	0.25	0.58	0.0	0.29	-0.89	0.69	0.02

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BEST Account Relationship Matchups

BEST income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	211.3M	215.5M	300.6M	112.0M	189.2M	256.6M
Interest Expense	79.5M	174.6M	142.8M	89.1M	64.3M	78.3M
Selling General Administrative	1.1B	1.3B	881.5M	889.3M	737.8M	876.1M
Selling And Marketing Expenses	931.9M	477.9M	260.2M	237.9M	256.6M	488.8M
Total Revenue	35.2B	30.0B	11.4B	7.7B	8.3B	7.9B
Gross Profit	2.0B	238.1M	(199.4M)	(263.6M)	250.4M	271.7M
Other Operating Expenses	35.5B	31.7B	12.9B	9.2B	9.2B	8.7B
Operating Income	(325.8M)	(1.7B)	(1.5B)	(1.4B)	(951.9M)	(999.5M)
Ebit	(325.8M)	(1.7B)	(1.5B)	(1.4B)	(766.8M)	(805.1M)
Research Development	243.4M	191.4M	180.2M	144.2M	115.9M	148.7M
Ebitda	(114.5M)	(1.5B)	(1.2B)	(1.3B)	(577.6M)	(606.5M)
Cost Of Revenue	33.2B	29.8B	11.6B	8.0B	8.1B	7.7B
Total Operating Expenses	2.3B	1.9B	1.3B	1.2B	1.1B	1.5B
Income Before Tax	(200.4M)	(1.7B)	(1.3B)	(1.5B)	(907.5M)	(952.8M)
Total Other Income Expense Net	125.4M	32.6M	202.4M	(38.1M)	(69.8M)	(66.3M)
Net Income	(218.7M)	(1.7B)	(1.3B)	(1.5B)	(814.4M)	(855.1M)
Income Tax Expense	18.3M	22.1M	3.2M	511K	1.1M	1.1M
Interest Income	95.4M	74.7M	49.7M	80.4M	85.2M	71.9M
Net Income From Continuing Ops	(219.1M)	(1.7B)	(1.3B)	(1.5B)	(990.9M)	(1.0B)
Net Income Applicable To Common Shares	(202.4M)	(2.0B)	261.9M	(1.5B)	(1.7B)	(1.8B)
Minority Interest	(5.6M)	(26.0M)	52.3M	40.0M	55.2M	58.0M
Tax Provision	18.3M	22.1M	3.2M	511K	998K	948.1K
Net Interest Income	16.0M	(99.9M)	(93.1M)	(8.7M)	18.4M	19.3M
Reconciled Depreciation	492.8M	515.0M	191.4M	188.9M	189.2M	274.6M

Pair Trading with BEST

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 BEST 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 BEST will appreciate offsetting losses from the drop in the long position's value.

Moving against BEST Stock

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The ability to find closely correlated positions to BEST could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BEST 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 BEST - 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 BEST Inc to buy it.

The correlation of BEST 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 BEST moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BEST Inc 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 BEST 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.

Pair Correlation Correlation Matching

Additional Tools for BEST Stock Analysis

When running BEST's price analysis, check to measure BEST's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.

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BEST Historical Income Statement

About BEST Income Statement Analysis

BEST Income Statement Chart

Interest Expense

Total Revenue

Other Operating Expenses

BEST income statement Correlations

BEST Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BEST income statement Accounts

Pair Trading with BEST

Moving against BEST Stock

Additional Tools for BEST Stock Analysis

COMMON DESTINATIONS

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Income Before Tax
Income Before Tax	+ 0.99	Operating Income
Net Income	+ 0.99	Ebitda

Reconciled Depreciation	- 0.89	Minority Interest
Net Income From Continuing Ops	- 0.72	Interest Expense
Net Interest Income	- 0.7	Interest Expense
Minority Interest	- 0.68	Income Tax Expense
Net Income From Continuing Ops	- 0.68	Selling General Administrative
Net Income From Continuing Ops	- 0.56	Interest Income