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Cherish Sunshine International (HKSE:01094) Net Income : HK$28.3 Mil (TTM As of Sep. 2023)


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What is Cherish Sunshine International 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. Cherish Sunshine International's Net Income for the six months ended in Sep. 2023 was HK$3.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$28.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cherish Sunshine International's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was HK$0.01.


Cherish Sunshine International Net Income Historical Data

The historical data trend for Cherish Sunshine International'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.

Cherish Sunshine International Net Income Chart

Cherish Sunshine International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.17 1.64 -21.86 -31.92 13.28

Cherish Sunshine International Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 -4.07 -17.79 -11.71 24.99 3.31

Cherish Sunshine International 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

Cherish Sunshine International'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
=-3.401+16.995+0+-0.312
=13.3

Cherish Sunshine International'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
=5.121+-1.623+0+-0.186
=3.3

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$28.3 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.


Cherish Sunshine International  (HKSE:01094) 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:

Cherish Sunshine International'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.


Cherish Sunshine International Net Income Related Terms

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Cherish Sunshine International (HKSE:01094) Business Description

Traded in Other Exchanges
N/A
Address
No. 1818–2 Wenyi West Road, Yuhang Street, Unit 109–14, Block 1, Yuhang District, Zhejiang Province, Hangzhou, CHN
Cherish Sunshine International Ltd is a provider of one-stop integrated procurement service solutions in China. Its segments are the provision of procurement services, trading business, provision of corporate IT solutions, rental income, and energy management contracting business. The majority of the revenue derives from the trading segment which engaged in the Trading of general goods.
Executives
Eastmount Global Limited 2101 Beneficial owner
Liu Luoxiu 2307 Founder of a discretionary trust who can infl
Wu Siyuan 2501 Other
Trident Trust Company (singapore) Pte Limited 2301 Trustee
Jiang Xi Yin Xing Gu Fen You Xian Gong Si 2106 Person having a security interest in shares

Cherish Sunshine International (HKSE:01094) Headlines

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