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China Sci-Tech Industrial Investment Group (HKSE:00339) Net Income : HK$-8.86 Mil (TTM As of Jun. 2024)


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What is China Sci-Tech Industrial Investment 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. China Sci-Tech Industrial Investment Group's Net Income for the six months ended in Jun. 2024 was HK$-3.76 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-8.86 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China Sci-Tech Industrial Investment Group's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$-0.01.


China Sci-Tech Industrial Investment Group Net Income Historical Data

The historical data trend for China Sci-Tech Industrial Investment 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.

China Sci-Tech Industrial Investment Group Net Income Chart

China Sci-Tech Industrial Investment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.18 -9.09 -14.99 -11.80 -7.36

China Sci-Tech Industrial Investment Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -6.58 -5.22 -2.26 -5.11 -3.76

China Sci-Tech Industrial Investment 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

China Sci-Tech Industrial Investment Group's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-7.361+0+0+0
=-7.36

China Sci-Tech Industrial Investment Group's Net Income for the quarter that ended in Jun. 2024 is calculated as

Net Income(Q: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.758+0+0+0
=-3.76

Net Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-8.86 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 Sci-Tech Industrial Investment Group  (HKSE:00339) 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 Sci-Tech Industrial Investment Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2024 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 Sci-Tech Industrial Investment Group Net Income Related Terms

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China Sci-Tech Industrial Investment Group Business Description

Traded in Other Exchanges
N/A
Address
25 Harbour Road, 18 Floor, Harbour Centre, Room 1805, Wanchai, Hong Kong, HKG
China Sci-Tech Industrial Investment Group Ltd formerly Core Economy Investment Group Ltd is an investment company. It is engaged in the investment and trading of listed and unlisted equity securities. The investment objective of the company is to achieve earnings in the form of capital appreciation as well as income from interest and dividends mainly through investment in a diversified portfolio of listed and unlisted companies, in Hong Kong or China, or any other countries where such investment is considered profitable. The group's turnover is majorly derived from its investments in listed equity securities. The business activities of the company are carried out in Hong Kong.
Executives
Hk Jin Tai Feng Group Limited 2101 Beneficial owner
Zhong Bai Ke Ji Shi Ye Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Li 2201 Interest of corporation controlled by you
Yang Zhicheng 2101 Beneficial owner
Zhong Jin Ke Ji Shi Ye You Xian Gong Si 2101 Beneficial owner
Zhu Wen Juan 2101 Beneficial owner
Huan Yu Shi Ji Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Liu Sihan 2101 Beneficial owner
Sun Bo 2101 Beneficial owner
Wan Shi Xing Da Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Cheng Yun Hang 2101 Beneficial owner
Zhongmei Energy International Limited 2101 Beneficial owner
He Nan Sheng Ren Min Zheng Fu 2201 Interest of corporation controlled by you
He Yu 2101 Beneficial owner
Sun Oxford Co., Limited 2101 Beneficial owner

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