GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Icon Culture Global Co Ltd (HKSE:08500) » Definitions » Net Income

Icon Culture Global Co (HKSE:08500) Net Income : HK$-92.65 Mil (TTM As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Icon Culture Global 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. Icon Culture Global Co's Net Income for the three months ended in Sep. 2023 was HK$-4.25 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-92.65 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Icon Culture Global Co's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was HK$-0.02.


Icon Culture Global Co Net Income Historical Data

The historical data trend for Icon Culture Global 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.

Icon Culture Global Co Net Income Chart

Icon Culture Global Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial -47.06 74.36 5.96 -43.76 -92.59

Icon Culture Global Co 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 -15.54 -3.80 -6.58 -4.25 -78.02

Icon Culture Global 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

Icon Culture Global 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
=-85.08+-7.506+0+0.0010000000000048
=-92.59

Icon Culture Global Co's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.582+1.328+0+0
=-4.25

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-92.65 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.


Icon Culture Global Co  (HKSE:08500) 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:

Icon Culture Global Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Icon Culture Global Co Net Income Related Terms

Thank you for viewing the detailed overview of Icon Culture Global Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Icon Culture Global Co (HKSE:08500) Business Description

Traded in Other Exchanges
N/A
Address
No. 62 Jinsui Road, 29th Floor, Kingold Century, Zhujiang New Town, Tianhe District, Guangzhou Province, CHN
Icon Culture Global Co Ltd is a multimedia advertising and marketing solution service provider in China. The company provides advertising and marketing solutions covering traditional offline media including both OOH and indoor advertising platforms; online media; public relations, marketing campaigns, and other services to its customers that consist of brand owners, state-owned entities in China, advertising agencies, and government authorities. Its integrated multimedia advertising and marketing solution services are focused on the formulation of advertising strategies for its customers and identifying and sourcing the appropriate advertising resources and formats to maximize the effectiveness of its customers' advertisements.
Executives
Chow Eric Tse To 2201 Interest of corporation controlled by you
Shining Icon (bvi) Limited 2101 Beneficial owner
Cai Xiaoshan 2201 Interest of corporation controlled by you
Focus Wonder Limited 2101 Beneficial owner
Lau Tung Hei Derek 2201 Interest of corporation controlled by you
Master Connection Limited 2101 Beneficial owner
China Hui Shang Enterpriser Association International Group Limited 2101 Beneficial owner
Capital Realm Financial Holdings Limited 2101 Beneficial owner
Sense One Limited 2101 Beneficial owner

Icon Culture Global Co (HKSE:08500) Headlines

No Headlines