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CUII (China United Insurance Service) Net Income : $10.0 Mil (TTM As of Mar. 2023)


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What is China United Insurance Service 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 United Insurance Service's Net Income for the three months ended in Mar. 2023 was $1.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $10.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China United Insurance Service's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was $0.06.


China United Insurance Service Net Income Historical Data

The historical data trend for China United Insurance Service'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 United Insurance Service Net Income Chart

China United Insurance Service Annual Data
Trend Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 3.06 0.93 6.23 11.10

China United Insurance Service Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 2.95 1.62 6.90 -0.36 1.86

China United Insurance Service 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 United Insurance Service's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=20.99+-3.979+0+-5.91
=11.1

China United Insurance Service's Net Income for the quarter that ended in Mar. 2023 is calculated as

Net Income(Q: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4.826+-1.245+0+-1.72
=1.9

Net Income for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.0 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 United Insurance Service  (OTCPK:CUII) 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 United Insurance Service's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


China United Insurance Service Net Income Related Terms

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China United Insurance Service Business Description

Traded in Other Exchanges
N/A
Address
Nan-King East Road, 7th Floor, No. 311, Section 3, Songshan District, Taipei, TWN, 10595
China United Insurance Service Inc through its subsidiaries provides insurance brokerage and agency services across the People's Republic of China. The company offers client-specific life insurance products and property and casualty insurance products. It generates most of its revenues from Taiwan followed by the People's Republic of China. Property and Casualty Insurance Products: Law Broker's main property and casualty insurance products are automobile insurance, casualty insurance, and liability insurance. The property and casualty insurance products Law Broker distributes can be further classified into the categories: automobile insurance, casualty insurance, and liability insurance.
Executives
Chuwan Hau Li director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mei-kuan Yeh officer: Chief Financial Officer 331 SECTION 3, NAN-KING EAST ROAD, 7TH FLOOR, TAIPEI F5 10595
Yung Chi Chuang officer: Chief Financial Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lee Shu Fen director, 10 percent owner 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mao Yi Hsiao director, 10 percent owner, officer: Chief Executive Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsu Wen Yuan officer: Chief Marketing Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsieh Tung Chi officer: Chief Operating Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chen Kuie Chiao director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Li Fu Chang director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chiang Te Yun officer: Chief Technology Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lo Chung Mei officer: Former Chief Executive Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000

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