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Shenghua Lande Scitech (HKSE:08106) Net Income : HK$-33.42 Mil (TTM As of Jun. 2024)


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What is Shenghua Lande Scitech 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. Shenghua Lande Scitech's Net Income for the three months ended in Jun. 2024 was HK$0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-33.42 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Shenghua Lande Scitech's Earnings per Share (Diluted) for the three months ended in Jun. 2024 was HK$0.00.


Shenghua Lande Scitech Net Income Historical Data

The historical data trend for Shenghua Lande Scitech'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.

Shenghua Lande Scitech Net Income Chart

Shenghua Lande Scitech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 0.81 -18.06 -46.78 -6.95

Shenghua Lande Scitech Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.70 -5.09 -28.33 - -

Shenghua Lande Scitech 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

Shenghua Lande Scitech'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
=-46.039+-0.745+0+0
=-46.78

Shenghua Lande Scitech'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
=0+0+0+0
=0.00

Net Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-33.42 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.


Shenghua Lande Scitech  (HKSE:08106) 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:

Shenghua Lande Scitech'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.


Shenghua Lande Scitech Net Income Related Terms

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Shenghua Lande Scitech Business Description

Traded in Other Exchanges
N/A
Address
239 Shuanglong Street, 11th Floor, Building 1, Xitou Innocentre, Xihu District, Zhejiang Province, Hangzhou, CHN
Shenghua Lande Scitech Ltd is principally engaged in the trading of hardware and computer software and investment holding. The company operates in various segments that include the provision of smart city solutions, the provision of e-commerce operation solution services, and the trading of hardware and computer software. The majority of its revenue is generated from the trading of hardware and computer software segment. All of the company's revenue is generated from the People's Republic of China.
Executives
Qian Xiaomei 2202 Interest of your spouse
Xia Shilin 2201 Interest of corporation controlled by you
Fong For 2101 Beneficial owner
Sheng Yang You Xian Gong Si 2101 Beneficial owner
De Qing Hui Sheng Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Sheng Hua Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
He Yan 2202 Interest of your spouse
Zhang Xuguang 2101 Beneficial owner

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