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CVC Property Fund (ASX:CJT) Net Income : A$1.88 Mil (TTM As of Dec. 2014)


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What is CVC Property Fund Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. CVC Property Fund's Net Income for the six months ended in Dec. 2014 was A$1.07 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2014 was A$1.88 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CVC Property Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2014 was A$0.00.


CVC Property Fund Net Income Historical Data

The historical data trend for CVC Property Fund's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CVC Property Fund Net Income Chart

CVC Property Fund Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.38 -0.32 -3.07 1.23 0.67

CVC Property Fund Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.67 -0.15 0.82 1.07

CVC Property Fund Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

CVC Property Fund's Net Income for the fiscal year that ended in Jun. 2014 is calculated as

Net Income(A: Jun. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.671+0+0+0
=0.67

CVC Property Fund's Net Income for the quarter that ended in Dec. 2014 is calculated as

Net Income(Q: Dec. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.066+0+0+0
=1.07

Net Income for the trailing twelve months (TTM) ended in Dec. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$1.88 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CVC Property Fund  (ASX:CJT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

CVC Property Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2014 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CVC Property Fund Net Income Related Terms

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CVC Property Fund (ASX:CJT) Business Description

Traded in Other Exchanges
N/A
Address
CVC Property Fund (CJT, formerly Taragon Property Fund) is a listed registered managed investment scheme domiciled in Australia.

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