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Greentown Management Holdings Co (HKSE:09979) Net Income : HK$1,065 Mil (TTM As of Dec. 2023)


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What is Greentown Management Holdings Co 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. Greentown Management Holdings Co's Net Income for the six months ended in Dec. 2023 was HK$547 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,065 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Greentown Management Holdings Co's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.27.


Greentown Management Holdings Co Net Income Historical Data

The historical data trend for Greentown Management Holdings Co'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.

Greentown Management Holdings Co Net Income Chart

Greentown Management Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 361.39 520.79 692.10 831.44 1,064.91

Greentown Management Holdings Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 360.96 422.96 428.51 518.03 546.88

Greentown Management Holdings Co 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

Greentown Management Holdings Co's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1287.824+-215.158+0+-7.7550000000001
=1,065

Greentown Management Holdings Co's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=638.316+-71.138+0+-20.297
=547

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,065 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.


Greentown Management Holdings Co  (HKSE:09979) 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:

Greentown Management Holdings Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


Greentown Management Holdings Co Net Income Related Terms

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Greentown Management Holdings Co (HKSE:09979) Business Description

Traded in Other Exchanges
N/A
Address
767 Wen Yi West Road, Xixi International, 9th Floor, Block C, Xihu District, Zhejiang, Hangzhou, CHN
Greentown Management Holdings Co Ltd is the project management company in the PRC. The company's operating segments are Commercial Project Management, Government Project Management, and Other Services. The firm generates a majority of its revenue from Commercial project management which is engaged in providing property development management service to project owner; Governmental project management provides property development management service to the government on resettlement housing property development projects and public infrastructure.

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