GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » Net Income

Hokkaido Electric Power Co (TSE:9509) Net Income : 円66,201 Mil (TTM As of Dec. 2023)


View and export this data going back to 1953. Start your Free Trial

What is Hokkaido Electric Power 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. Hokkaido Electric Power Co's Net Income for the three months ended in Dec. 2023 was 円2,624 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 円66,201 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hokkaido Electric Power Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was 円12.76.


Hokkaido Electric Power Co Net Income Historical Data

The historical data trend for Hokkaido Electric Power 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.

Hokkaido Electric Power Co Net Income Chart

Hokkaido Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,720.00 36,155.00 6,864.00 -22,193.00 66,201.00

Hokkaido Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1,188.00 34,605.00 16,432.00 2,624.00 12,540.00

Hokkaido Electric Power 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

Hokkaido Electric Power Co's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=88597+-21676+0+-720
=66,201

Hokkaido Electric Power 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
=3563+-628+0+-311
=2,624

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円66,201 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.


Hokkaido Electric Power Co  (TSE:9509) 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:

Hokkaido Electric Power 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.


Hokkaido Electric Power Co Net Income Related Terms

Thank you for viewing the detailed overview of Hokkaido Electric Power Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Hokkaido Electric Power Co (TSE:9509) Business Description

Traded in Other Exchanges
Address
2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677
Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

Hokkaido Electric Power Co (TSE:9509) Headlines

No Headlines