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CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Net Income : ₺242 Mil (TTM As of Dec. 2023)


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What is CVK Maden Isletmelerinayi ve Ticaret 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. CVK Maden Isletmelerinayi ve Ticaret's Net Income for the three months ended in Dec. 2023 was ₺-147 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₺242 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CVK Maden Isletmelerinayi ve Ticaret's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was ₺-3.50.


CVK Maden Isletmelerinayi ve Ticaret Net Income Historical Data

The historical data trend for CVK Maden Isletmelerinayi ve Ticaret'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.

CVK Maden Isletmelerinayi ve Ticaret Net Income Chart

CVK Maden Isletmelerinayi ve Ticaret Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
27.70 41.91 630.86 301.84

CVK Maden Isletmelerinayi ve Ticaret Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial 107.66 331.09 176.11 212.78 -147.18

CVK Maden Isletmelerinayi ve Ticaret 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

CVK Maden Isletmelerinayi ve Ticaret'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
=401.868+-88.482+0+-11.545
=302

CVK Maden Isletmelerinayi ve Ticaret'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
=-158.933+16.041+0+-4.286
=-147

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 ₺242 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.


CVK Maden Isletmelerinayi ve Ticaret  (IST:CVKMD) 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:

CVK Maden Isletmelerinayi ve Ticaret'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.


CVK Maden Isletmelerinayi ve Ticaret Net Income Related Terms

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CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Muallim Naci Caddesi No: 105/B Besiktas, Kurucesme Mahallesi, Istanbul, TUR, 34353
CVK Maden Isletmeleri Sanayi ve Ticaret engages in manufacturing and fully exporting concentrated and lumpy chromite ore, concentrated lead-zinc, copper and silver ore products, and marble and travertine natural stone products. Its products comprise Lead Concentrate, Chrome Concentrate, Zinc Concentrate, and Gold.

CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Headlines

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