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China Education Group Holdings (HKSE:00839) Net Income : HK$452 Mil (TTM As of Aug. 2024)


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What is China Education Group 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. China Education Group Holdings's Net Income for the six months ended in Aug. 2024 was HK$-712 Mil. Its Net Income for the trailing twelve months (TTM) ended in Aug. 2024 was HK$452 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China Education Group Holdings's Earnings per Share (Diluted) for the six months ended in Aug. 2024 was HK$-0.27.


China Education Group Holdings Net Income Historical Data

The historical data trend for China Education Group 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.

China Education Group Holdings Net Income Chart

China Education Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 708.45 1,735.31 2,128.72 1,489.98 455.94

China Education Group Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 779.95 1,121.18 435.12 1,164.54 -712.27

China Education Group 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

China Education Group Holdings's Net Income for the fiscal year that ended in Aug. 2024 is calculated as

Net Income(A: Aug. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=545.38+2.182+0+-91.625
=456

China Education Group Holdings's Net Income for the quarter that ended in Aug. 2024 is calculated as

Net Income(Q: Aug. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-854.064+105.804+0+35.994
=-712

Net Income for the trailing twelve months (TTM) ended in Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$452 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 Education Group Holdings  (HKSE:00839) 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 Education Group Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Aug. 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 Education Group Holdings Net Income Related Terms

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China Education Group Holdings Business Description

Traded in Other Exchanges
Address
4–4A Des Voeux Road Central, Room NO 1202, 12TH Floor, Standard Chartered Bank Building, Wanchai, Hong Kong, HKG
China Education Group is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG's full-time student enrollment was about 270,000 as of August 2024, one of the largest among all the listed Chinese higher education providers.
Executives
Blue Sky Education International Limited 2401 A concert party to an agreement to buy shares
White Clouds Education International Limited 2401 A concert party to an agreement to buy shares
Cantrust (far East) Limited 2301 Trustee
Passionate Jade Holding Limited 2201 Interest of corporation controlled by you
Shimmery Diamond Holding Limited 2201 Interest of corporation controlled by you
Xie Ketao 2501 Other
Yu Guo 2501 Other
Yu Kai 2501 Other

China Education Group Holdings Headlines

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