When one looks at the last 3 Annual Income Statements of CBI we see increases in most, if not all, of the pertinent areas of their Financials ...
Ongoing Increases in Total Revenue, Operating Income, Pretax Income and Net Income, where the last item must improve CBI's Balance Sheet as well.
Seems a good foundation for positive performance in their stock's price.
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Chicago Bridge & Iron Company N.V. (CBI) -NYSE
44.92 2.68(5.63%) 3:27PM EDT - NYSE Real Time Price
| Income Statement | Get Income Statement for: |
| Dec 31, 2014Dec 31, 2013Dec 31, 2012| Period Ending | | Total Revenue | 12,974,930 | 11,094,527 | 5,485,206 | | Cost of Revenue | 11,508,521 | 9,895,517 | 4,786,499 | | | Gross Profit | 1,466,409 | 1,199,010 | 698,707 | | | Operating Expenses | | Research Development | - | - | - | | Selling General and Administrative | 402,835 | 381,128 | 227,382 | | Non Recurring | 39,685 | 95,737 | 11,000 | | Others | 66,506 | 61,111 | 22,613 | | | | Total Operating Expenses | - | - | - | | | | Operating Income or Loss | 982,608 | 684,508 | 455,643 | | | Income from Continuing Operations | | Total Other Income/Expenses Net | 8,524 | 6,930 | 8,029 | | Earnings Before Interest And Taxes | 991,132 | 691,438 | 463,672 | | Interest Expense | 83,590 | 87,578 | 19,606 | | Income Before Tax | 907,542 | 603,860 | 444,066 | | Income Tax Expense | 271,417 | 91,270 | 127,003 | | Minority Interest | (92,518) | (58,470) | (15,408) | | | | Net Income From Continuing Ops | 568,832 | 477,594 | 319,586 | | | Non-recurring Events | | Discontinued Operations | - | - | - | | Extraordinary Items | - | - | - | | Effect Of Accounting Changes | - | - | - | | Other Items | - | - | - | | | | Net Income | 543,607 | 454,120 | 301,655 | | Preferred Stock And Other Adjustments | - | - | - | | | Net Income Applicable To Common Shares | 543,607 | 454,120 | 301,655 |
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Below is reference to the Mozambique project I referred to in my previous post. I previously mentioned a 3 member "Consortium". I should have referred to a "Joint Venture". I am involved with another grouping for this project and it seems that the final, overall project award is still to be made, despite the tone of this article ...
finance.yahoo.com |