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Hulamin (JSE:HLM) Net Income : R272 Mil (TTM As of Dec. 2023)


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What is Hulamin 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. Hulamin's Net Income for the six months ended in Dec. 2023 was R-23 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was R272 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hulamin's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was R-0.07.


Hulamin Net Income Historical Data

The historical data trend for Hulamin'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.

Hulamin Net Income Chart

Hulamin 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 -1,204.54 -239.51 591.26 299.71 271.80

Hulamin Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 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 489.97 144.98 154.73 294.31 -22.50

Hulamin 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

Hulamin'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
=380.629+-108.828+0+-5.6843418860808E-14
=272

Hulamin'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
=-22.033+-0.471+0+0
=-23

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 R272 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.


Hulamin  (JSE:HLM) 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:

Hulamin'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.


Hulamin Net Income Related Terms

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Hulamin (JSE:HLM) Business Description

Traded in Other Exchanges
N/A
Address
Moses Mabhida Road, P.O. Box 74, Pietermaritzburg, NL, ZAF, 3200
Hulamin Ltd manufactures and markets rolled and extruded aluminum products. The group is organized into two major operating divisions, namely Hulamin Rolled Products, and Hulamin Extrusions. Its Hulamin Rolled Product segment is a key revenue driver, comprises Rolled Products and Containers businesses, manufactures and supplies fabricated and rolled semi-finished aluminum products. The Hulamin Extrusions segment manufactures and supplies extruded aluminum products. Its geographic segments of the group are South Africa, North America, Europe, Asia, Middle East, Australasia, South America, and the Rest of Africa, of which key revenue is generated from South Africa. The company serves the market of Automotive and transport; Building and construction; General engineering and Packaging.

Hulamin (JSE:HLM) Headlines

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