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Pioneer Global Group (HKSE:00224) Net Income : HK$75.1 Mil (TTM As of Sep. 2023)


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What is Pioneer Global Group 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. Pioneer Global Group's Net Income for the six months ended in Sep. 2023 was HK$18.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$75.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pioneer Global Group's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was HK$0.02.


Pioneer Global Group Net Income Historical Data

The historical data trend for Pioneer Global Group'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.

Pioneer Global Group Net Income Chart

Pioneer Global Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 539.70 38.45 292.53 211.81 59.84

Pioneer Global Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 146.92 64.90 2.82 57.01 18.10

Pioneer Global Group 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

Pioneer Global Group's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=77.002+-12.607+0+-4.56
=59.8

Pioneer Global Group's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8.705+18.874+0+-9.481
=18.1

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$75.1 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.


Pioneer Global Group  (HKSE:00224) 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:

Pioneer Global Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Pioneer Global Group Net Income Related Terms

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Pioneer Global Group (HKSE:00224) Business Description

Traded in Other Exchanges
N/A
Address
68 Yee Wo Street, 18th Floor, Causeway Bay, Hong Kong, HKG
Pioneer Global Group Ltd is an investment holding company. The company's operating segment includes Properties and hotels, and Investments and others. The company generates maximum revenue from the Properties and hotels segment which involves investment in properties and hotels that earn rental and returns in hotel operation. The company earns revenue from the rental, dividend, and interest income. Geographically, the company derives a majority of its revenue from Hong Kong and also has an international presence.
Executives
Gaw Kenneth 2305 Beneficiary of a trust
Gaw Wang Rossana 2201 Interest of corporation controlled by you
Forward Investments Inc. 2101 Beneficial owner
Asset-plus Investments Ltd. 2101 Beneficial owner
Intercontinental Enterprises Corp. 2101 Beneficial owner

Pioneer Global Group (HKSE:00224) Headlines

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