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YCIH Green High-Performance Concrete Co (HKSE:01847) Net Income : HK$-37 Mil (TTM As of Dec. 2023)


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What is YCIH Green High-Performance Concrete 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. YCIH Green High-Performance Concrete Co's Net Income for the six months ended in Dec. 2023 was HK$-22 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-37 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. YCIH Green High-Performance Concrete Co's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$-0.05.


YCIH Green High-Performance Concrete Co Net Income Historical Data

The historical data trend for YCIH Green High-Performance Concrete 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.

YCIH Green High-Performance Concrete Co Net Income Chart

YCIH Green High-Performance Concrete Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 226.65 244.73 0.86 30.34 -37.28

YCIH Green High-Performance Concrete Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.23 21.98 9.40 -15.11 -22.18

YCIH Green High-Performance Concrete 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

YCIH Green High-Performance Concrete Co'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
=-46.894+11.131+0+-1.518
=-37

YCIH Green High-Performance Concrete Co's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-30.349+7.158+0+1.016
=-22

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-37 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.


YCIH Green High-Performance Concrete Co  (HKSE:01847) 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:

YCIH Green High-Performance Concrete Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


YCIH Green High-Performance Concrete Co Net Income Related Terms

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YCIH Green High-Performance Concrete Co (HKSE:01847) Business Description

Traded in Other Exchanges
N/A
Address
188 Linxi Road, 5th Floor and 9th Floor, YCIH Development Building, Information Industrial Base, Yunnan, Economic and Technological Development Zone, Kunming, CHN
YCIH Green High-Performance Concrete Co Ltd is a ready-mixed concrete producer in China. It produces and supplies ready-mixed concrete and related construction materials as well as provides quality and technology management services to customers. The company generates revenue in the form of the sale of ready-mixed concrete, polycarboxylic admixtures, aggregates, and Quality & technology management service. All of its revenues come from Mainland China.
Executives
Hwabao Trust Co., Ltd 2301 Trustee
Hua An Ji Jin Yun Nan Jiao Tou Tou Zi Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Yun Nan Sheng Jiao Tong Tou Zi Jian She Ji Tuan You Xian Gong Si
Yun Nan Jiao Tou Ji Tuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Hua An Ji Jin Yun Nong Ken Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Yun Nan Nong Ken Ji Tuan You Xian Ze Ren Gong Si 2101 Beneficial owner
Kun Ming Gang Tie Kong Gu You Xian Gong Si 2101 Beneficial owner
Yun Nan Sheng Gong Ye Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si 2101 Beneficial owner
Hua An Ji Jin Guan Li You Xian Gong Si 2501 Other
Yunnan Provincial Energy Investment Group Co., Ltd 2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited 2101 Beneficial owner
China Resources (holdings) Company Limited 2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited 2101 Beneficial owner
Zoomlion Heavy Industry Science And Technology Co.,limited 2201 Interest of corporation controlled by you
Zoomlion H.k. Holding Co., Limited 2201 Interest of corporation controlled by you

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