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AustAsia Group (HKSE:02425) Net Income : HK$-880 Mil (TTM As of Jun. 2024)


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What is AustAsia 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. AustAsia Group's Net Income for the six months ended in Jun. 2024 was HK$-685 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-880 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. AustAsia Group's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$-0.98.


AustAsia Group Net Income Historical Data

The historical data trend for AustAsia 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.

AustAsia Group Net Income Chart

AustAsia Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
526.06 742.26 816.17 176.53 -534.63

AustAsia Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Income Get a 7-Day Free Trial Premium Member Only 227.58 -40.28 -339.60 -195.03 -684.70

AustAsia 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

AustAsia Group'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
=-514.022+-20.607+0+0
=-535

AustAsia Group'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
=-676.439+-8.257+0+-1.1368683772162E-13
=-685

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$-880 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.


AustAsia Group  (HKSE:02425) 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:

AustAsia Group'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.


AustAsia Group Net Income Related Terms

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AustAsia Group Business Description

Traded in Other Exchanges
N/A
Address
400 Orchard Road, No. 15-08, Orchard Towers, Singapore, SGP, 238875
AustAsia Group Ltd is an investment holding company. Along with its subsidiaries, it is mainly engaged in the production and sales of raw milk, beef cattle, and feed products, and distribution and sales of milk products in the People's Republic of China. The company's reportable operating segments are; the raw milk business for the production and sales of raw milk; the beef cattle business for raising and sales of beef cattle; and the ancillary business for sales of milk products, feed products, and others. Maximum revenue for the company is generated from its Raw milk segment. Geographically, the company derives its revenue from Mainland China.
Executives
Santosa Gabriella 2501 Other
Fusion Investment Holdings Limited 2201 Interest of corporation controlled by you
Rangi Management Limited 2501 Other
Meiji (china) Inevestment Company, Limited. 2101 Beneficial owner
Santosa Renaldo 2501 Other
Kolonas Rachel Anastasia 2307 Founder of a discretionary trust who can infl
Morze International Limited 2101 Beneficial owner
Hall Martin John 2201 Interest of corporation controlled by you
Highvern Trustees Limited 2501 Other
Mnm Holdings Limited 2201 Interest of corporation controlled by you
Rive Naomi Julia 2201 Interest of corporation controlled by you

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