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Pu`er Lancang Ancient Tea Co (HKSE:06911) Net Income : HK$87.6 Mil (TTM As of Dec. 2023)


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What is Pu`er Lancang Ancient Tea Co 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. Pu`er Lancang Ancient Tea Co's Net Income for the six months ended in Dec. 2023 was HK$60.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$87.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pu`er Lancang Ancient Tea Co's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.48.


Pu`er Lancang Ancient Tea Co Net Income Historical Data

The historical data trend for Pu`er Lancang Ancient Tea Co'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.

Pu`er Lancang Ancient Tea Co Net Income Chart

Pu`er Lancang Ancient Tea Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
145.67 160.41 80.63 87.59

Pu`er Lancang Ancient Tea Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Net Income Get a 7-Day Free Trial - 36.23 46.12 26.65 60.94

Pu`er Lancang Ancient Tea Co 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

Pu`er Lancang Ancient Tea Co'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
=101.009+-15.129+0+1.71
=87.6

Pu`er Lancang Ancient Tea Co'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
=71.442+-11.34+0+0.83700000000001
=60.9

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$87.6 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.


Pu`er Lancang Ancient Tea Co  (HKSE:06911) 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:

Pu`er Lancang Ancient Tea Co'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.


Pu`er Lancang Ancient Tea Co Net Income Related Terms

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Pu`er Lancang Ancient Tea Co (HKSE:06911) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Pingzhang Road, West Suburb Hot Spring Community, Lancang Lahu Ethnic Autonomous County, Yunnan Province, Menglang Town, Puer, CHN
Pu`er Lancang Ancient Tea Co Ltd is principally engaged in the development, manufacturing and sales of tea products, primarily Pu'er tea products in China.
Executives
China Credit Trust Co., Ltd 2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
Lan Cang Lv Se Zi Yuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Lan Cang Xian Guo You Zi Chan Jing Ying You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Lan Cang Xian Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sheng Song Lan Cang Sheng Shi Cha Xiang Yi Hao Si Mu Zheng Quan Tou Zi Ji Jin 2101 Beneficial owner
Dong Xing An Xin Hao Dan Yi Zi Chan Guan Li Ji Hua 2301 Trustee
Wang Chen 2201 Interest of corporation controlled by you
Zhang Liang 2201 Interest of corporation controlled by you
Zhong Guo Hai Jing Ji Tuan You Xian Gong Si 2101 Beneficial owner
Wang Chunyu 2101 Beneficial owner

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