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Kidztech Holdings (HKSE:06918) Net Income : HK$-52.5 Mil (TTM As of Jun. 2023)


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What is Kidztech 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. Kidztech Holdings's Net Income for the six months ended in Jun. 2023 was HK$-15.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-52.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kidztech Holdings's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was HK$-0.03.


Kidztech Holdings Net Income Historical Data

The historical data trend for Kidztech 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.

Kidztech Holdings Net Income Chart

Kidztech Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial 37.23 39.44 28.62 31.94 -85.61

Kidztech Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.83 22.99 -51.04 -36.98 -15.57

Kidztech 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

Kidztech Holdings's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-91.667+6.062+0+0
=-85.6

Kidztech Holdings's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-15.567+0+0+0
=-15.6

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-52.5 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.


Kidztech Holdings  (HKSE:06918) 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:

Kidztech Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Kidztech Holdings Net Income Related Terms

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Kidztech Holdings (HKSE:06918) Business Description

Traded in Other Exchanges
N/A
Address
94 Granville Road, Room 802, 8thFloor, Inter-Continental Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Kidztech Holdings Ltd is a smart interactive entertainment product provider. The company designs, develops, manufactures, and sells smart toy vehicles, smart interactive toys, and traditional toys. It sells its products to retail customers mainly comprised of multinational and national retailers operating mass-market retail chain stores, including both comprehensive retailers and toy specialty retailers. The products are sold under the Kidztech brand. The sale of Smart toy vehicles derives key revenue for the firm. The company earns the majority of its revenue from Hong Kong followed by Mainland China.
Executives
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you
Chen Cheng 2202 Interest of your spouse
Top Synergy Y&c Limited 2101 Beneficial owner
Yu Huang 2201 Interest of corporation controlled by you
Motivational Mathematics Limited 2101 Beneficial owner
Wu Xiongbin 2201 Interest of corporation controlled by you
He Jingxing 2201 Interest of corporation controlled by you
Charming Flair Limited 2101 Beneficial owner
Chen Chongjian 2201 Interest of corporation controlled by you
Gold-face Finance Limited 2106 Person having a security interest in shares
Zheng Jingyun
Cai Fenguang 2201 Interest of corporation controlled by you
Ng Mo Sum 2201 Interest of corporation controlled by you
Wu Shu Peng 2202 Interest of your spouse

Kidztech Holdings (HKSE:06918) Headlines

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