China Specialty Glass AG (FRA:8GS) Net Income: €20.1 Mil (TTM As of Jun. 2014)

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What is China Specialty Glass AG Net Income?

China Specialty Glass AG FRA:8GS Net Income is €20.1 Mil as of Jun. 2014.

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 Specialty Glass AG's Net Income for the three months ended in Jun. 2014 was €8.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2014 was €20.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China Specialty Glass AG's Earnings per Share (Diluted) for the three months ended in Jun. 2014 was €0.45.


China Specialty Glass AG  (FRA:8GS) 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 Specialty Glass AG's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2014 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 Specialty Glass AG Net Income Related Terms


China Specialty Glass AG Net Income Historical Data

* Premium members only.

The historical data trend for China Specialty Glass AG'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.

China Specialty Glass AG Net Income Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Net Income
0.00 20.81 16.32 26.85

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 11.65 13.58 -7.02 5.57 8.02

China Specialty Glass AG 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 Specialty Glass AG's Net Income for the fiscal year that ended in Dec. 2013 is calculated as

Net Income(A: Dec. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=33.277+-6.423+0+0
=26.9

China Specialty Glass AG's Net Income for the quarter that ended in Jun. 2014 is calculated as

Net Income(Q: Jun. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=9.224+-1.206+0+0
=8.0

Net Income for the trailing twelve months (TTM) ended in Jun. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €20.1 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 €20.1 Mil mean?
China Specialty Glass AG (FRA:8GS) has a Net Income of €20.1 Mil as of Jun. 2014. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on China Specialty Glass AG and its competitors.
Is China Specialty Glass AG's Net Income too high?
China Specialty Glass AG's current Net Income is €20.1 Mil.
How does China Specialty Glass AG's Net Income compare to DTII and VCON?
China Specialty Glass AG's Net Income of €20.1 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Net Income depends on the Business Services 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 China Specialty Glass AG and its competitors. China Specialty Glass AG's current Net Income is €20.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Specialty Glass AG stock overvalued right now?
China Specialty Glass AG (FRA:8GS) has a current Net Income of €20.1 Mil. The current Net Income is €20.1 Mil. 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 China Specialty Glass AG (FRA:8GS), the current Net Income is €20.1 Mil as of Jun. 2014. 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.

China Specialty Glass AG Business Description

Address An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.