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HSC Resources Group (HKSE:01850) Net Income : HK$2.9 Mil (TTM As of Oct. 2024)


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What is HSC Resources 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. HSC Resources Group's Net Income for the six months ended in Oct. 2024 was HK$2.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2024 was HK$2.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. HSC Resources Group's Earnings per Share (Diluted) for the six months ended in Oct. 2024 was HK$0.01.


HSC Resources Group Net Income Historical Data

The historical data trend for HSC Resources 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.

HSC Resources Group Net Income Chart

HSC Resources Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.65 4.89 -6.99 7.05 2.93

HSC Resources Group Semi-Annual Data
Apr15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 5.46 1.60 2.20 0.73 2.13

HSC Resources 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

HSC Resources Group's Net Income for the fiscal year that ended in Apr. 2024 is calculated as

Net Income(A: Apr. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.854+-1.646+0+0.72
=2.9

HSC Resources Group's Net Income for the quarter that ended in Oct. 2024 is calculated as

Net Income(Q: Oct. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.777+-0.759+0+0.112
=2.1

Net Income for the trailing twelve months (TTM) ended in Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$2.9 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.


HSC Resources Group  (HKSE:01850) 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:

HSC Resources Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 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.


HSC Resources Group Net Income Related Terms

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HSC Resources Group Business Description

Traded in Other Exchanges
N/A
Address
9 Sheung Yuet Road, Unit 1603, 16th Floor, Tower 1, Enterprise Square, Kowloon Bay, Kowloon, Hong Kong, HKG
HSC Resources Group Ltd Formerly WINDMILL Group Ltd is an investment holding company. It is engaged in designing, supplying, and installation of fire safety systems for buildings under construction or re-development and maintenance and repair of fire safety systems for built premises. Geographically, the company derives revenue from Hong Kong and Macau. The company generates the majority of its revenue from design, supply, and installation services, followed by maintenance and repair services.
Executives
Xu Jia Qi 2101 Beneficial owner
Li Yin Tao 2101 Beneficial owner
Garden Wealth Investment Limited 2101 Beneficial owner
Li Minying 2101 Beneficial owner
Li Junheng 2101 Beneficial owner
Standard Chartered Plc 2201 Interest of corporation controlled by you
Low Tuck Kwong 2101 Beneficial owner
Wong Kai Lai 2101 Beneficial owner
Li Minying 2201 Interest of corporation controlled by you
Jiang Jianhui 2201 Interest of corporation controlled by you
Great Season Ventures Limited 2101 Beneficial owner

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