Calculation formula of enterprise profit

It is divided into three levels: operating profit, total profit and net profit.

Operating profit = operating income-operating costs-business taxes and surcharges-sales expenses-management expenses-financial expenses-asset impairment loss+fair value change income (-fair value change loss)+investment income (-investment loss)

The calculation formula of total profit is as follows: total profit = operating profit+non-operating income-non-operating expenditure.

The calculation formula of net profit is: net profit = total profit-income tax expense.