GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heng Hup Holdings Ltd (HKSE:01891) » Definitions » Net Income

Heng Hup Holdings (HKSE:01891) Net Income : HK$14 Mil (TTM As of Dec. 2023)


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

What is Heng Hup 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. Heng Hup Holdings's Net Income for the six months ended in Dec. 2023 was HK$10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$14 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Heng Hup Holdings's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.01.


Heng Hup Holdings Net Income Historical Data

The historical data trend for Heng Hup 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.

Heng Hup Holdings Net Income Chart

Heng Hup Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only 12.56 16.04 47.20 4.20 14.32

Heng Hup Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 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 Premium Member Only Premium Member Only 17.12 14.00 -9.65 4.15 10.21

Heng Hup 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

Heng Hup 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
=24.058+-10.246+0+0.507
=14

Heng Hup Holdings'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
=16.602+-6.901+0+0.506
=10

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$14 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.


Heng Hup Holdings  (HKSE:01891) 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:

Heng Hup Holdings'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.


Heng Hup Holdings Net Income Related Terms

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


Heng Hup Holdings (HKSE:01891) Business Description

Traded in Other Exchanges
N/A
Address
No. 264, Jalan Satu A, Kampung Baru Subang, Shah Alam, MYS, 40150
Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading of scrap ferrous metals, used batteries, waste paper, and other scraps. Its only operating segment being trading of recycling materials. Geographically, it derives revenue from Malaysia.
Executives
Juan Sook Fong 2202 Interest of your spouse
Koo Lee Ching 2202 Interest of your spouse
Loh Hui Mei 2202 Interest of your spouse
Peong Ai Teen 2202 Interest of your spouse
Sia Keng Leong 2201 Interest of corporation controlled by you
Sia Kok Chin 2201 Interest of corporation controlled by you
Sia Kok Chong 2201 Interest of corporation controlled by you
Sia Kok Heong 2201 Interest of corporation controlled by you
Sia Kok Seng 2201 Interest of corporation controlled by you
Yang Mei Feng 2202 Interest of your spouse
5s Holdings (bvi) Limited 2101 Beneficial owner
Poon Ka Ho Stanley

Heng Hup Holdings (HKSE:01891) Headlines

No Headlines