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China Sun Group High-Tech Co (China Sun Group High-Tech Co) Net Income : $9.65 Mil (TTM As of Feb. 2012)


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What is China Sun Group High-Tech 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. China Sun Group High-Tech Co's Net Income for the three months ended in Feb. 2012 was $2.45 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2012 was $9.65 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China Sun Group High-Tech Co's Earnings per Share (Diluted) for the three months ended in Feb. 2012 was $0.04.


China Sun Group High-Tech Co Net Income Historical Data

The historical data trend for China Sun Group High-Tech 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.

China Sun Group High-Tech Co Net Income Chart

China Sun Group High-Tech Co Annual Data
Trend May06 May07 May08 May09 May10 May11
Net Income
Get a 7-Day Free Trial 0.42 6.74 8.58 8.60 8.41

China Sun Group High-Tech Co Quarterly Data
May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12
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 2.66 2.38 2.49 2.33 2.45

China Sun Group High-Tech 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

China Sun Group High-Tech Co's Net Income for the fiscal year that ended in May. 2011 is calculated as

Net Income(A: May. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=12.036+-3.624+0+1.7763568394003E-15
=8.41

China Sun Group High-Tech Co's Net Income for the quarter that ended in Feb. 2012 is calculated as

Net Income(Q: Feb. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.319+-0.87+0+0
=2.45

Net Income for the trailing twelve months (TTM) ended in Feb. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.65 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 Sun Group High-Tech Co  (OTCPK:CSGH) 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 Sun Group High-Tech Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2012 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 Sun Group High-Tech Co Net Income Related Terms

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China Sun Group High-Tech Co (China Sun Group High-Tech Co) Business Description

Traded in Other Exchanges
N/A
Address
1 Hutan Street, Zhongshan District, Dalian, Liaoning, CHN, 116015
China Sun Group High-Tech Co through its operating subsidiaries, mainly engages in the production and sales of cobaltosic oxide and lithium cobalt oxide, both anode materials used in lithium ion rechargeable batteries in the PRC.

China Sun Group High-Tech Co (China Sun Group High-Tech Co) Headlines

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