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Scholar Education Group (HKSE:01769) Net Income : HK$136.1 Mil (TTM As of Jun. 2024)


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What is Scholar Education 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. Scholar Education Group's Net Income for the six months ended in Jun. 2024 was HK$89.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$136.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Scholar Education Group's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$0.16.


Scholar Education Group Net Income Historical Data

The historical data trend for Scholar Education 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.

Scholar Education Group Net Income Chart

Scholar Education Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 105.47 58.01 -32.58 60.76 94.05

Scholar Education Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -37.54 96.53 46.97 47.09 88.98

Scholar Education 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

Scholar Education 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
=127.698+-35.259+0+1.613
=94.1

Scholar Education 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
=117.346+-28.795+0+0.42699999999999
=89.0

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$136.1 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.


Scholar Education Group  (HKSE:01769) 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:

Scholar Education 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.


Scholar Education Group Net Income Related Terms

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Scholar Education Group Business Description

Traded in Other Exchanges
N/A
Address
29 Youyi Road, Rooms 401-410, 4th Floor, Yunfeng Garden, Jianan Community, Nanhu Street, Luohu District, Shenzhen, CHN, 518049
Scholar Education Group is a China-based investment holding company. The Company is principally engaged in the provision of after school education services through academic preparation program and early primary education program. The academic preparation program is delivered under Sheng Xue brand, and the early primary education program is delivered under Le Xue brand. The Company principally conducts its businesses in Guangdong, China.
Executives
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fidelity Funds 2101 Beneficial owner
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Yu Xi International Company Limited 2201 Interest of corporation controlled by you
Chen Qiyuan 2201 Interest of corporation controlled by you
Sky Noon International Company Limited 2101 Beneficial owner
China Great Wall Amc (international) Holdings Company Limited 2201 Interest of corporation controlled by you
China Resources Company Limited 2201 Interest of corporation controlled by you
Cre Alliance Fund I L.p. 2201 Interest of corporation controlled by you
Chen Hongyu 2101 Beneficial owner
Cre Alliance Fund I Lp Limited 2201 Interest of corporation controlled by you
Cre Glory Company Limited 2101 Beneficial owner

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