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China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Net Income : HK$-51.70 Mil (TTM As of Jun. 2022)


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What is China U-Ton Future Space Industrial Group Holdings 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. China U-Ton Future Space Industrial Group Holdings's Net Income for the six months ended in Jun. 2022 was HK$-45.84 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was HK$-51.70 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China U-Ton Future Space Industrial Group Holdings's Earnings per Share (Diluted) for the six months ended in Jun. 2022 was HK$-0.02.


China U-Ton Future Space Industrial Group Holdings Net Income Historical Data

The historical data trend for China U-Ton Future Space Industrial Group Holdings'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.

China U-Ton Future Space Industrial Group Holdings Net Income Chart

China U-Ton Future Space Industrial Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -212.09 -256.97 -185.29 -804.67 -28.61

China U-Ton Future Space Industrial Group Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -78.25 -719.91 -22.45 -5.86 -45.84

China U-Ton Future Space Industrial Group Holdings 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

China U-Ton Future Space Industrial Group Holdings's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-28.662+0+0+0.050000000000001
=-28.61

China U-Ton Future Space Industrial Group Holdings's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-45.346+0+0+-0.492
=-45.84

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-51.70 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.


China U-Ton Future Space Industrial Group Holdings  (HKSE:06168) 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:

China U-Ton Future Space Industrial Group Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 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.


China U-Ton Future Space Industrial Group Holdings Net Income Related Terms

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China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Business Description

Traded in Other Exchanges
N/A
Address
Unit B, 28 Yee Wo Street, 12th Floor, Hang Seng Causeway Bay Building, Causeway Bay, HKG
China U-Ton Future Space Industrial Group Holdings Ltd is engaged in providing deployment services of optical fibers. The principal activities of the Group are the provision of design, deployment and maintenance of optical fibers services, other communication networks services, environmentally intelligent technical products and services, and moneylending services. It utilizes its proprietary micro-ducts and micro-cables system deployment technology to provide optical fiber network construction and capacity expansion services. The company's generates maximum revenue share from the People's Republic of China (PRC).
Executives
Qian Tiwei 2201 Interest of corporation controlled by you
Great Sharp International Limited 2106 Person having a security interest in shares
Liu Xuezhong 2101 Beneficial owner
Li Yuelan 2201 Interest of corporation controlled by you
China Fund Limited 2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited 2106 Person having a security interest in shares
Huarong International Financial Holdings Limited 2201 Interest of corporation controlled by you
Bei Jing Xing Yun Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Guo Aru
Jiang Changqing
Bright Warm Limited
Bei Jing Xing Yun Qing Ke Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Xing Ji Cheng Shi Wen Hua Chuan Mei You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Shi Zhong Xiao Qi Ye Fu Wu Zhong Xin 2201 Interest of corporation controlled by you

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