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Yunhong Guixin Group Holdings (HKSE:08349) Net Income : HK$-9.76 Mil (TTM As of Dec. 2023)


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What is Yunhong Guixin Group 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. Yunhong Guixin Group Holdings's Net Income for the three months ended in Dec. 2023 was HK$-7.99 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-9.76 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Yunhong Guixin Group Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was HK$-0.02.


Yunhong Guixin Group Holdings Net Income Historical Data

The historical data trend for Yunhong Guixin Group 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.

Yunhong Guixin Group Holdings Net Income Chart

Yunhong Guixin Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 6.58 -2.50 2.92 -9.75

Yunhong Guixin Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.05 -0.73 -0.30 -0.74 -7.99

Yunhong Guixin Group 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

Yunhong Guixin Group Holdings'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
=-11.362+1.617+0+-0.00099999999999945
=-9.75

Yunhong Guixin Group Holdings'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
=-10.715+2.721+0+0.00099999999999945
=-7.99

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-9.76 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.


Yunhong Guixin Group Holdings  (HKSE:08349) 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:

Yunhong Guixin Group Holdings'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.


Yunhong Guixin Group Holdings Net Income Related Terms

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Yunhong Guixin Group Holdings (HKSE:08349) Business Description

Traded in Other Exchanges
N/A
Address
66 South Oujiang Road, Haimen ETDZ Nantong, Jiangsu, Haimen, CHN, 226100
Yunhong Guixin Group Holdings Ltd is a manufacturer in the PRC engaged in the research and development, production, and sale of a variety of fiberglass reinforced plastic grating products. Its products consist of FRP grating products; phenolic grating products; and epoxy wedge strip products. The company operates into two segments: fiberglass business that involves research and development, production and sales of fiberglass reinforced plastic products in the PRC; and silica sand business consists sales of industrial silica sand materials in the PRC. Its products are widely applied in industries including petrochemical, electrical, marine engineering, plating, vessel, metallurgy, steel, papermaking, brewing, and municipal industry and are mainly used in the operating platform, and others.
Executives
Huang Xuechao 2101 Beneficial owner
Yan Qixu 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Lf International Pte. Ltd. 2101 Beneficial owner
Wu Dong 2101 Beneficial owner
Yun Hong Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

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