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Leader Education (HKSE:01449) Net Income : HK$48.9 Mil (TTM As of Aug. 2023)


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What is Leader Education 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. Leader Education's Net Income for the six months ended in Aug. 2023 was HK$17.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Aug. 2023 was HK$48.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Leader Education's Earnings per Share (Diluted) for the six months ended in Aug. 2023 was HK$0.03.


Leader Education Net Income Historical Data

The historical data trend for Leader Education'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.

Leader Education Net Income Chart

Leader Education Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Income
Get a 7-Day Free Trial 77.96 47.39 62.51 64.64 62.19

Leader Education Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.70 22.70 47.13 17.85 31.07

Leader Education 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

Leader Education's Net Income for the fiscal year that ended in Aug. 2023 is calculated as

Net Income(A: Aug. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=62.178+0+0+0.016000000000005
=62.2

Leader Education's Net Income for the quarter that ended in Aug. 2023 is calculated as

Net Income(Q: Aug. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=17.838+0+0+0.015999999999998
=17.9

Net Income for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$48.9 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.


Leader Education  (HKSE:01449) 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:

Leader Education's Earnings per Share (Diluted) (EPS) for the quarter that ended in Aug. 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.


Leader Education Net Income Related Terms

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Leader Education (HKSE:01449) Business Description

Traded in Other Exchanges
N/A
Address
Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025
Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Shuren Education Limited 2101 Beneficial owner
Dong Ling 2201 Interest of corporation controlled by you
Liu Laixiang 2202 Interest of your spouse
Junhua Education Limited 2101 Beneficial owner

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