Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Net Income: MAD-185.2 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:SNP Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
48 GF Score
Price MAD315.10
GF Value MAD472.38
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Societe Nationale d'Electrolyse et de Petrochimie Net Income?

Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP -0.28% 48 Net Income is MAD-185.2 Mil as of Dec. 2025. GuruFocus rates CAS:SNP with a GF Score™ of 48/100 and a GF Value™ of MAD472.38 (Possible Value Trap). The stock has 4 warning signs investors should review.

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. Societe Nationale d'Electrolyse et de Petrochimie's Net Income for the six months ended in Dec. 2025 was MAD-94.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD-185.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Societe Nationale d'Electrolyse et de Petrochimie's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was MAD-39.21.


Societe Nationale d'Electrolyse et de Petrochimie  (CAS:SNP) 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:

Societe Nationale d'Electrolyse et de Petrochimie's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 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.


Societe Nationale d'Electrolyse et de Petrochimie Net Income Related Terms


Societe Nationale d'Electrolyse et de Petrochimie Net Income Historical Data

* Premium members only.

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Net Income Chart

Societe Nationale d'Electrolyse et de Petrochimie Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.16 86.96 -46.63 -43.81 -185.19

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -26.09 -32.10 -11.71 -91.08 -94.11
CAS:SNP
48GF Score
Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Societe Nationale d'Electrolyse et de Petrochimie 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

Societe Nationale d'Electrolyse et de Petrochimie's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-172.788+3.594+0+-15.992
=-185.2

Societe Nationale d'Electrolyse et de Petrochimie's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-74.198+-15.039+0+-4.874
=-94.1

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD-185.2 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of MAD-185.2 Mil mean?
Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) has a Net Income of MAD-185.2 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Societe Nationale d'Electrolyse et de Petrochimie and its competitors.
Is Societe Nationale d'Electrolyse et de Petrochimie's Net Income too high?
Societe Nationale d'Electrolyse et de Petrochimie's current Net Income is MAD-185.2 Mil. Overall, Societe Nationale d'Electrolyse et de Petrochimie has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Societe Nationale d'Electrolyse et de Petrochimie's Net Income compare to LIN and SHW?
Societe Nationale d'Electrolyse et de Petrochimie's Net Income of MAD-185.2 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Chemicals company?
A good Net Income depends on the Chemicals industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Societe Nationale d'Electrolyse et de Petrochimie and its competitors. Societe Nationale d'Electrolyse et de Petrochimie's current Net Income is MAD-185.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Nationale d'Electrolyse et de Petrochimie stock overvalued right now?
Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) is currently considered Possible Value Trap. The stock's GF Value™ is MAD472.38, compared to a current price of MAD315.10 — trading 33.3% below its estimated fair value. The current Net Income is MAD-185.2 Mil. Societe Nationale d'Electrolyse et de Petrochimie's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP), the current Net Income is MAD-185.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie stock appears to be undervalued. The current stock price of MAD315.10 is trading 33.3% below its estimated GF Value™ of MAD472.38. GuruFocus considers Societe Nationale d'Electrolyse et de Petrochimie to be Possible Value Trap.

Key valuation signals for CAS:SNP:

  • Net Income: MAD-185.2 Mil
  • GF Value™: MAD472.38 vs. price of MAD315.10 (33.3% below fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the CAS:SNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Societe Nationale d'Electrolyse et de Petrochimie Business Description

Address Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.
48GF Score

Get the complete analysis for CAS:SNP

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD315.10
Price
MAD472.38
GF Value