GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EVA Precision Industrial Holdings Ltd (HKSE:00838) » Definitions » Net Income

EVA Precision Industrial Holdings (HKSE:00838) Net Income : HK$242 Mil (TTM As of Jun. 2024)


View and export this data going back to 2005. Start your Free Trial

What is EVA Precision Industrial Holdings 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. EVA Precision Industrial Holdings's Net Income for the six months ended in Jun. 2024 was HK$128 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$242 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. EVA Precision Industrial Holdings's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$0.07.


EVA Precision Industrial Holdings Net Income Historical Data

The historical data trend for EVA Precision Industrial Holdings'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.

EVA Precision Industrial Holdings Net Income Chart

EVA Precision Industrial Holdings 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 51.78 -15.37 155.19 206.02 237.10

EVA Precision Industrial Holdings 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 102.66 103.36 122.62 114.47 127.81

EVA Precision Industrial Holdings 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

EVA Precision Industrial Holdings'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
=303.79+-66.695+0+-2.8421709430404E-14
=237

EVA Precision Industrial Holdings'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
=141.051+-13.238+0+1.4210854715202E-14
=128

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$242 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.


EVA Precision Industrial Holdings  (HKSE:00838) 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:

EVA Precision Industrial Holdings'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.


EVA Precision Industrial Holdings Net Income Related Terms

Thank you for viewing the detailed overview of EVA Precision Industrial Holdings's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


EVA Precision Industrial Holdings Business Description

Traded in Other Exchanges
Address
Number 1 Science Museum Road, Unit 8, 6th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG
EVA Precision Industrial Holdings Ltd is an investment holding company. The group is a vertically integrated precision manufacturing service provider. The Group's existing services include mainly design and fabrication of precision metal stamping and plastic injection moulds; manufacturing of precision metal and plastic components by using tailor-made moulds and other sophisticated manufacturing processes; iii) lathing of metal components The company's operating segment includes Office automation equipment and Automotive components. It generates maximum revenue from the Office automation equipment segment. Geographically, it derives a majority of revenue from The People's Republic of China.
Executives
Jiang Lu 2202 Interest of your spouse
Zhang Yaohua 2101 Beneficial owner
Shen Chan Jie Lin 2202 Interest of your spouse
Zhang Hwo Jie 2101 Beneficial owner
Prosper Empire Limited 2101 Beneficial owner

EVA Precision Industrial Holdings Headlines

No Headlines