Ossen Innovation Co., Ltd. (OSN) Income Statement Analysis

See more : Noxel Corp. (NOXL) Income Statement Analysis – Financial Results

Complete financial analysis of Ossen Innovation Co., Ltd. (OSN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ossen Innovation Co., Ltd., a leading company in the Steel industry within the Basic Materials sector.

You may be interested

Ossen Innovation Co., Ltd. (OSN)

Industry: Steel

Sector: Basic Materials

Website: http://www.osseninnovation.com

About Ossen Innovation Co., Ltd.

Ossen Innovation Co., Ltd. manufactures coated steel materials. The company is headquartered in Shanghai, Shanghai and currently employs 209 full-time employees. The firm manufactures and sells an array of plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials. The firm's materials are used in the construction of bridges, highways and other infrastructure projects in the People's Republic of China and internationally. Its facilities are located in Maanshan City, Anhui Province and in Jiujiang City, Jiangxi Province, in the People's Republic of China. Its pre-stressed steel materials are categorized as plain surface products and coated products. Its products are marketed under the Ossen brand name both domestically and internationally. The firm's plain surface products include its uncoated plain surfaced and stabilized products. Its coated pre-stressed products included zinc coated PC products and rare earth coated PC products.

Metric	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	138.58M	138.90M	136.10M	132.38M	117.03M	117.91M	123.57M	113.89M	122.40M	118.62M	117.45M	101.09M	82.74M
Cost of Revenue	114.86M	116.54M	115.59M	117.72M	100.93M	102.20M	110.25M	102.35M	111.61M	96.59M	92.89M	87.66M	70.53M
Gross Profit	23.72M	22.36M	20.52M	14.65M	16.10M	15.71M	13.32M	11.54M	10.79M	22.03M	24.56M	13.43M	12.21M
Gross Profit Ratio	17.12%	16.10%	15.08%	11.07%	13.75%	13.32%	10.78%	10.13%	8.81%	18.57%	20.91%	13.28%	14.76%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	6.96M	6.16M	5.26M	6.00M	6.38M	4.48M	6.34M	3.49M	3.95M	2.75M	1.20M	1.14M	1.32M
Selling & Marketing	380.95K	357.43K	327.37K	598.83K	734.16K	986.38K	772.38K	625.50K	917.07K	1.22M	660.93K	0.00	0.00
SG&A	7.34M	6.51M	5.59M	6.60M	7.11M	5.46M	7.11M	4.11M	4.87M	3.96M	1.86M	1.14M	1.32M
Other Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	503.72K	4.33M
Operating Expenses	7.34M	6.51M	5.59M	6.60M	7.11M	5.46M	7.11M	4.11M	4.87M	3.96M	1.86M	1.65M	5.64M
Cost & Expenses	122.19M	123.05M	121.18M	124.32M	108.04M	107.66M	117.36M	106.46M	116.48M	100.55M	94.76M	89.31M	76.18M
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	2.86M	2.38M	1.62M	1.61M	2.83M	2.82M	2.40M	2.70M	3.56M	3.48M	2.44M	1.50M	1.89M
Depreciation & Amortization	493.48K	606.05K	641.65K	796.57K	883.76K	1.42M	1.53M	1.56M	1.60M	2.01M	1.84M	1.46M	1.56M
EBITDA	16.00M	15.61M	14.77M	8.44M	9.46M	11.32M	8.37M	9.12M	8.10M	19.17M	21.79M	11.71M	7.69M
EBITDA Ratio	11.55%	11.24%	10.85%	6.38%	8.08%	9.60%	6.77%	8.01%	6.61%	16.17%	18.55%	11.58%	9.30%
Operating Income	15.51M	15.01M	14.13M	7.65M	8.58M	9.90M	6.84M	7.56M	6.49M	17.17M	19.95M	10.25M	6.14M
Operating Income Ratio	11.19%	10.80%	10.38%	5.78%	7.33%	8.40%	5.53%	6.64%	5.31%	14.47%	16.99%	10.14%	7.42%
Total Other Income/Expenses	-1.91M	-1.24M	-615.96K	-1.06M	-2.33M	-2.11M	-2.12M	-2.27M	-3.22M	-1.97M	459.97K	217.96K	-1.08M
Income Before Tax	13.60M	13.76M	13.51M	6.59M	6.25M	7.79M	4.71M	5.29M	3.27M	15.19M	20.41M	10.47M	5.06M
Income Before Tax Ratio	9.81%	9.91%	9.93%	4.98%	5.34%	6.61%	3.82%	4.64%	2.67%	12.81%	17.38%	10.35%	6.11%
Income Tax Expense	1.57M	1.53M	2.13M	691.56K	926.05K	1.18M	578.73K	1.22M	557.43K	2.14M	2.87M	740.05K	291.52K
Net Income	12.03M	12.23M	11.38M	5.90M	5.32M	6.61M	4.14M	4.07M	2.72M	13.05M	17.55M	9.73M	4.76M
Net Income Ratio	8.68%	8.80%	8.36%	4.46%	4.55%	5.61%	3.35%	3.57%	2.22%	11.01%	14.94%	9.62%	5.76%
EPS	1.82	1.85	1.73	0.89	0.81	1.00	0.62	0.61	0.41	1.96	3.47	1.95	0.95
EPS Diluted	1.82	1.85	1.73	0.89	0.81	1.00	0.62	0.61	0.41	1.96	3.47	1.95	0.95
Weighted Avg Shares Out	6.60M	6.60M	6.60M	6.60M	6.60M	6.62M	6.63M	6.63M	6.65M	6.67M	5.05M	5.00M	5.00M
Weighted Avg Shares Out (Dil)	6.60M	6.60M	6.60M	6.60M	6.60M	6.62M	6.63M	6.63M	6.65M	6.67M	5.05M	5.00M	5.00M

Swamped FIRB must be fit for purpose

May 17, 2020afr.com

The board is under scrutiny by a Senate inquiry as some members question whether it has the resources to adequately review takeovers and enforce conditions of sale.