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GF Securities Co (HKSE:01776) Net Income : HK$10,423 Mil (TTM As of Dec. 2024)


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What is GF Securities Co 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. GF Securities Co's Net Income for the three months ended in Dec. 2024 was HK$3,067 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was HK$10,423 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. GF Securities Co's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was HK$0.38.


GF Securities Co Net Income Historical Data

The historical data trend for GF Securities Co'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.

GF Securities Co Net Income Chart

GF Securities Co 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 11,899.53 13,290.51 8,854.75 7,632.17 10,288.97

GF Securities Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1,277.31 1,671.09 3,040.21 2,644.78 3,066.78

GF Securities Co 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

GF Securities Co's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=12654.198+-1395.946+0+-969.278
=10,289

GF Securities Co's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3917.604+-663.718+0+-187.104
=3,067

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$10,423 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.


GF Securities Co  (HKSE:01776) 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:

GF Securities Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


GF Securities Co Net Income Related Terms

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GF Securities Co Business Description

Traded in Other Exchanges
Address
26 Machang Road, 59th Floor, GF Securities Tower, Tianhe District, Guangdong, Guangzhou, CHN, 510627
GF Securities Co Ltd is a full-service investment bank with operating branches located across China. The principal activities of the company include commodity futures brokerage, financial futures brokerage, investment consulting and asset management, trading and trading agent, project investment, investment management, and financial advisory. It operates through the following segments: Investment banking, Wealth management, Trading & Institutions, and Investment management.
Executives
Zhong Shan Gong Yong Shi Ye Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Shan Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Ji Lin Ao Dong Yao Ye Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Liao Ning Cheng Da Gu Fen You Xian Gong Si 2101 Beneficial owner
Guang Fa Zheng Quan Gu Fen You Xian Gong Si Gong Hui Wei Yuan Hui 2501 Other

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