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EuroEyes International Eye Clinic (HKSE:01846) Net Income : HK$107.9 Mil (TTM As of Jun. 2024)


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What is EuroEyes International Eye Clinic 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. EuroEyes International Eye Clinic's Net Income for the six months ended in Jun. 2024 was HK$44.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$107.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. EuroEyes International Eye Clinic's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$0.13.


EuroEyes International Eye Clinic Net Income Historical Data

The historical data trend for EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic Net Income Chart

EuroEyes International Eye Clinic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial -3.44 65.58 133.56 89.47 131.24

EuroEyes International Eye Clinic Semi-Annual Data
Dec16 Dec17 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 46.53 42.94 67.48 63.77 44.15

EuroEyes International Eye Clinic 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

EuroEyes International Eye Clinic'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
=190.61+-57.356+0+-2.012
=131.2

EuroEyes International Eye Clinic'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
=70.444+-24.135+0+-2.155
=44.2

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$107.9 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.


EuroEyes International Eye Clinic  (HKSE:01846) 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:

EuroEyes International Eye Clinic'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.


EuroEyes International Eye Clinic Net Income Related Terms

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EuroEyes International Eye Clinic Business Description

Traded in Other Exchanges
N/A
Address
Valentinskamp 90, Hamburg, DEU, 20355
EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.
Executives
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse

EuroEyes International Eye Clinic Headlines

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