GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guan Chao Holdings Ltd (HKSE:01872) » Definitions » Net Income

Guan Chao Holdings (HKSE:01872) Net Income : HK$13.4 Mil (TTM As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Guan Chao Holdings 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. Guan Chao Holdings's Net Income for the six months ended in Jun. 2024 was HK$5.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$13.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Guan Chao Holdings's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$0.02.


Guan Chao Holdings Net Income Historical Data

The historical data trend for Guan Chao Holdings'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.

Guan Chao Holdings Net Income Chart

Guan Chao Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 17.30 18.91 57.12 28.94 45.46

Guan Chao Holdings 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 15.62 13.07 37.23 7.95 5.50

Guan Chao Holdings 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

Guan Chao Holdings'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
=54.776+-9.38+0+0.064
=45.5

Guan Chao Holdings'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
=6.731+-2.976+0+1.74
=5.5

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$13.4 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.


Guan Chao Holdings  (HKSE:01872) 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:

Guan Chao Holdings'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.


Guan Chao Holdings Net Income Related Terms

Thank you for viewing the detailed overview of Guan Chao Holdings's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Guan Chao Holdings Business Description

Traded in Other Exchanges
N/A
Address
24 Leng Kee Road, No. 01-02, Leng Kee Autopoint, Singapore, SGP, 159096
Guan Chao Holdings Ltd is a multi-brand car dealership and importer of new and pre-owned cars in Singapore. The company is engaged in the sale of new parallel-import motor vehicles and pre-owned motor vehicles, the provision of motor vehicle financing services and motor vehicle insurance agency services, the sale of motor vehicle spare parts and accessories, and the provision of motor vehicle leasing services. Its segment comprises Sales of motor vehicles and provision of related services; Rental income from operating lease of motor vehicles; and Sales of spare parts and accessories.
Executives
Liu Zhiwei 2201 Interest of corporation controlled by you
Trenda Group Holdings Limited 2101 Beneficial owner
Chunda International Capital Management Co., Limited 2201 Interest of corporation controlled by you
Beng Lee Ser Marisa
Tan Shuay Tarng Vincent 2101 Beneficial owner
Gatehouse Ventures Limited 2101 Beneficial owner
Tan Jun Wei Ethan 2101 Beneficial owner
Show Achieve Limited 2101 Beneficial owner
Wu Bin 2201 Interest of corporation controlled by you
Ang De Yu 2101 Beneficial owner

Guan Chao Holdings Headlines

No Headlines