GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » MBV International Ltd (HKSE:01957) » Definitions » Net Income

MBV International (HKSE:01957) Net Income : HK$38.5 Mil (TTM As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is MBV International 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. MBV International's Net Income for the six months ended in Jun. 2024 was HK$10.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$38.5 Mil.

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


MBV International Net Income Historical Data

The historical data trend for MBV International'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.

MBV International Net Income Chart

MBV International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only 0.74 17.27 26.67 34.58 39.07

MBV International Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 16.06 12.64 22.06 10.31 28.24

MBV International 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

MBV International'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
=51.674+-14.51+0+-2.587
=34.6

MBV International'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
=16.141+-5.068+0+-0.768
=10.3

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$38.5 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.


MBV International  (HKSE:01957) 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:

MBV International'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.


MBV International Net Income Related Terms

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


MBV International Business Description

Traded in Other Exchanges
N/A
Address
No. 58-66, Jalan Seroja 39, Taman Johor Jaya, Johor Bahru, JHR, MYS, 81100
MBV International Ltd is an investment holding company. Its operating segments are Wholesaling of imprintable apparel and gift products and Manufacturing of imprintable apparel. The Wholesaling segment generates the majority of its revenue. Its product portfolio includes imprintable apparel ranging from T-shirts, uniforms, jackets, and others including other casual wear and accessories in a variety of sizes, colors, and styles in blank or undecorated form, without imprints or embellishment to its customers who may decorate its products with designs and logos for sale to a diversified range of consumers. Its geographical segments are Malaysia and Singapore, of which Malaysia accounts for the majority of revenue.
Executives
Foo Kim Foong 2202 Interest of your spouse
Kong Siew Peng 2202 Interest of your spouse
Loi Siew Yoke 2202 Interest of your spouse
Mbv Capital Limited 2101 Beneficial owner
Tan Meng Seng 2201 Interest of corporation controlled by you
Tan Beng Sen 2201 Interest of corporation controlled by you
Tan Mein Kwang 2201 Interest of corporation controlled by you

MBV International Headlines

No Headlines