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China First Capital Group (HKSE:01269) Net Income : HK$-422 Mil (TTM As of Jun. 2024)


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What is China First Capital 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 First Capital Group's Net Income for the six months ended in Jun. 2024 was HK$-239 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-422 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China First Capital Group's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$-0.13.


China First Capital Group Net Income Historical Data

The historical data trend for China First Capital 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 First Capital Group Net Income Chart

China First Capital Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -443.03 -1,185.57 -469.84 -379.73 -419.79

China First Capital Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -138.61 -212.43 -167.30 -239.02 -182.74

China First Capital 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 First Capital 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
=-400.572+0.261+0+20.582
=-380

China First Capital 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
=-265.382+0.943+0+25.415
=-239

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$-422 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 First Capital Group  (HKSE:01269) 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 First Capital 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 First Capital Group Net Income Related Terms

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China First Capital Group Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Unit 913C, 9th Floor, Hong Kong Plaza, Hong Kong, HKG
China First Capital Group Ltd is an investment holding company. The company along with its holding sells automobile Shock absorber, and provides financial and advisory services. The company is also involved in the provision of management and consultancy services to educational institutions. The group has three reportable segments: Automotive parts business; Education management and consultation business; and Financial services business. The company earns a majority of its revenue by selling its automotive parts business. The group principally operates in the PRC.
Executives
Guo Ce 2201 Interest of corporation controlled by you
Principal Global Investment Limited 2101 Beneficial owner
Golden Cloud Co., Limited 2201 Interest of corporation controlled by you
Hongkong Chuang Yue Co., Limited 2101 Beneficial owner
Liu Kun 2201 Interest of corporation controlled by you
Shenmane.d Co., Limited 2201 Interest of corporation controlled by you
Sea Wilson 2201 Interest of corporation controlled by you
Wang Lily 2202 Interest of your spouse
Wealth Max Holdings Limited 2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Sze Ka Wo 2501 Other
Zhongyuan Bank Co., Ltd. 2106 Person having a security interest in shares
Bank Of Communications Co., Ltd 2106 Person having a security interest in shares
Champion Sense Global Limited 2106 Person having a security interest in shares

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