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Unity Enterprise Holdings (HKSE:02195) Net Income : HK$-27.0 Mil (TTM As of Jun. 2024)


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What is Unity Enterprise 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. Unity Enterprise Holdings's Net Income for the six months ended in Jun. 2024 was HK$-19.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-27.0 Mil.

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


Unity Enterprise Holdings Net Income Historical Data

The historical data trend for Unity Enterprise 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.

Unity Enterprise Holdings Net Income Chart

Unity Enterprise Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only 37.74 26.28 -7.41 -29.41 -27.00

Unity Enterprise Holdings Semi-Annual Data
Dec16 Dec17 Dec18 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 -14.17 -6.46 -22.95 -19.03 -7.97

Unity Enterprise 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

Unity Enterprise 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
=-27.857+-1.555+0+0
=-29.4

Unity Enterprise 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
=-18.972+-0.062+0+3.5527136788005E-15
=-19.0

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$-27.0 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.


Unity Enterprise Holdings  (HKSE:02195) 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:

Unity Enterprise 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.


Unity Enterprise Holdings Net Income Related Terms

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Unity Enterprise Holdings Business Description

Traded in Other Exchanges
N/A
Address
31 Hung To Road, Unit 1002, 10th Floor, Billion Trade Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Unity Enterprise Holdings Ltd is a contractor specializing in RMAA works in Hong Kong. It undertook repair and maintenance services, involving the upkeep, restoration and improvement of existing buildings and facilities, including the services of re-roofing, external and internal walls refurbishment, floor screeding and retiling, spalling repair, scaffolding, repairing and replacement of windows and door, plastering, painting, improvement of fire services system, plumbing and drainage works. In addition, the company also provides ancillary services, such as alteration and addition work of building layout and structural works, design of new structural works and checking of structural adequacy of existing constructions and interior decoration works to the existing premises.
Executives
Yu Kei Ki 2101 Beneficial owner
Yau Chung Chor 2101 Beneficial owner
Harvest Land Company Limited 2101 Beneficial owner
Yeung Wing Sun 2201 Interest of corporation controlled by you
Yu So Yin 2202 Interest of your spouse
Leung Yuen Keung 2202 Interest of your spouse
Yui Cheung Yung 2101 Beneficial owner
Leung Yi Man 2101 Beneficial owner
Tang Kit Yu 2202 Interest of your spouse
Hong Kong Chaoshang Group Limited 2101 Beneficial owner

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