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Megain Holding (Cayman) Co (HKSE:06939) Net Income : HK$25.4 Mil (TTM As of Dec. 2023)


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What is Megain Holding (Cayman) 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. Megain Holding (Cayman) Co's Net Income for the six months ended in Dec. 2023 was HK$9.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$25.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Megain Holding (Cayman) Co's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.02.


Megain Holding (Cayman) Co Net Income Historical Data

The historical data trend for Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co Net Income Chart

Megain Holding (Cayman) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 45.97 34.08 38.28 50.13 25.39

Megain Holding (Cayman) Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 29.13 23.43 27.81 16.33 9.06

Megain Holding (Cayman) 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

Megain Holding (Cayman) 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
=29.918+-4.529+0+0
=25.4

Megain Holding (Cayman) 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
=10.685+-1.629+0+-1.7763568394003E-15
=9.1

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$25.4 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.


Megain Holding (Cayman) Co  (HKSE:06939) 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:

Megain Holding (Cayman) 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.


Megain Holding (Cayman) Co Net Income Related Terms

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Megain Holding (Cayman) Co (HKSE:06939) Business Description

Traded in Other Exchanges
N/A
Address
No. 115 Huawei Road, Block A, Floor 3, Guangdong Province, Zhuhai, CHN, 519000
Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.
Executives
Cheng Hsien-wei 2201 Interest of corporation controlled by you
Global Megain Technology Pte. Ltd. 2101 Beneficial owner
Arista Global Ltd. 2103 Interests held jointly with another person
Lee Kuo-chang 2103 Interests held jointly with another person
Good Loyal Corporation 2101 Beneficial owner
Yu Yiding 2201 Interest of corporation controlled by you
Lam Tsz Leung 2101 Beneficial owner

Megain Holding (Cayman) Co (HKSE:06939) Headlines

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