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FDG Electric Vehicles (FDG Electric Vehicles) Net Income : $-209.54 Mil (TTM As of Sep. 2019)


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What is FDG Electric Vehicles 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. FDG Electric Vehicles's Net Income for the six months ended in Sep. 2019 was $-35.43 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2019 was $-209.54 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. FDG Electric Vehicles's Earnings per Share (Diluted) for the six months ended in Sep. 2019 was $-0.03.


FDG Electric Vehicles Net Income Historical Data

The historical data trend for FDG Electric Vehicles'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.

FDG Electric Vehicles Net Income Chart

FDG Electric Vehicles Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.82 -29.40 -71.45 -284.44 -253.49

FDG Electric Vehicles Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19
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 -69.99 -214.71 -79.52 -174.10 -35.43

FDG Electric Vehicles 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

FDG Electric Vehicles's Net Income for the fiscal year that ended in Mar. 2019 is calculated as

Net Income(A: Mar. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-349.533+10.485+-44.096+129.652
=-253.49

FDG Electric Vehicles's Net Income for the quarter that ended in Sep. 2019 is calculated as

Net Income(Q: Sep. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-57.153+0.377+-3.72+25.063
=-35.43

Net Income for the trailing twelve months (TTM) ended in Sep. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-209.54 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.


FDG Electric Vehicles  (OTCPK:CAOHF) 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:

FDG Electric Vehicles's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2019 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.


FDG Electric Vehicles Net Income Related Terms

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FDG Electric Vehicles (FDG Electric Vehicles) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG
FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

FDG Electric Vehicles (FDG Electric Vehicles) Headlines

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