MBAK (MBAK Energy Solutions) Net Income: $-0.19 Mil (TTM As of Jun. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is MBAK Energy Solutions Net Income?

MBAK Energy Solutions MBAK +3.85% Net Income is $-0.19 Mil as of Jun. 2018.

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. MBAK Energy Solutions's Net Income for the three months ended in Jun. 2018 was $-0.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2018 was $-0.19 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. MBAK Energy Solutions's Earnings per Share (Diluted) for the three months ended in Jun. 2018 was $-0.00.


MBAK Energy Solutions  (OTCPK:MBAK) 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:

MBAK Energy Solutions's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2018 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.


MBAK Energy Solutions Net Income Related Terms


MBAK Energy Solutions Net Income Historical Data

* Premium members only.

The historical data trend for MBAK Energy Solutions'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.

MBAK Energy Solutions Net Income Chart

MBAK Energy Solutions Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.28 -3.34 -3.31 1.57 0.35

MBAK Energy Solutions Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
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 -0.14 -0.11 -0.11 -0.10 -0.10

MBAK Energy Solutions 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

MBAK Energy Solutions's Net Income for the fiscal year that ended in Dec. 2015 is calculated as

Net Income(A: Dec. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.04+0+1.387+0.001
=0.35

MBAK Energy Solutions's Net Income for the quarter that ended in Jun. 2018 is calculated as

Net Income(Q: Jun. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.097+0+0+0
=-0.10

Net Income for the trailing twelve months (TTM) ended in Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.19 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-0.19 Mil mean?
MBAK Energy Solutions (MBAK) has a Net Income of $-0.19 Mil as of Jun. 2018. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on MBAK Energy Solutions and its competitors.
Is MBAK Energy Solutions' Net Income too high?
MBAK Energy Solutions' current Net Income is $-0.19 Mil.
How does MBAK Energy Solutions' Net Income compare to AJIA and CICN?
MBAK Energy Solutions' Net Income of $-0.19 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Vehicles & Parts company?
A good Net Income depends on the Vehicles & Parts industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on MBAK Energy Solutions and its competitors. MBAK Energy Solutions's current Net Income is $-0.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBAK Energy Solutions stock overvalued right now?
MBAK Energy Solutions (MBAK) has a current Net Income of $-0.19 Mil. The current Net Income is $-0.19 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For MBAK Energy Solutions (MBAK), the current Net Income is $-0.19 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MBAK Energy Solutions Business Description

Address 3940 US Highway 421N, Wilmington Trade Center Building 3, Wilmington, NC, USA, 28401
MBAK Energy Solutions Inc is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. These include lithium, sodium, and solid-state batteries for industrial, medical, portable electronics, and EV applications. It focuses on the energy storage and sustainable transportation industry. The company produces and markets Battery Energy Storage Systems (BESS) for power grid and commercial applications. The company also produces a broad range of energy storage and management for consumer use and white-label systems for other industrial and consumer applications.