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Wai Chun Group Holdings (HKSE:01013) Net Income : HK$-34.4 Mil (TTM As of Sep. 2024)


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What is Wai Chun 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. Wai Chun Group Holdings's Net Income for the six months ended in Sep. 2024 was HK$-16.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-34.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Wai Chun Group Holdings's Earnings per Share (Diluted) for the six months ended in Sep. 2024 was HK$-0.06.


Wai Chun Group Holdings Net Income Historical Data

The historical data trend for Wai Chun 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.

Wai Chun Group Holdings Net Income Chart

Wai Chun Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.09 -17.93 -127.08 -50.72 -36.53

Wai Chun Group Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -25.86 -24.87 -18.97 -17.56 -16.81

Wai Chun 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

Wai Chun Group Holdings's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-36.472+-0.002+0+-0.056999999999995
=-36.5

Wai Chun Group Holdings's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-16.471+0+0+-0.342
=-16.8

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-34.4 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.


Wai Chun Group Holdings  (HKSE:01013) 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:

Wai Chun Group Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Wai Chun Group Holdings Net Income Related Terms

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Wai Chun Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, 40th Floor, Rooms 4001–02, China Resources Building, Wanchai, Hong Kong, HKG
Wai Chun Group Holdings Ltd acts as an investment holding company. It is engaged in general trading; network and system integration by the production of software and provision of solutions and related services; and investment holdings. The group's operating segments include Sales and integration services and General trading. The sales and integration services include sales and services provision of integration services of computer and communication systems, and design, consultation, and production of information system software. The General trading segment, which is the key revenue-generating segment, includes trading of mobiles, electronic components, plastic resins, and chemicals. Geographically, it derives a majority of its revenue from the PRC and also has a presence in Hong Kong.
Executives
Lam Ching Kui 2101 Beneficial owner
Chen Guanyu 2201 Interest of corporation controlled by you
Ka Chun Holdings Limited 2101 Beneficial owner
Wai Chun Investment Fund 2201 Interest of corporation controlled by you

Wai Chun Group Holdings Headlines

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