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Controladora NemakB De CV (MEX:NMKA) Net Income : MXN1,137 Mil (TTM As of Sep. 2021)


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What is Controladora NemakB De CV 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. Controladora NemakB De CV's Net Income for the three months ended in Sep. 2021 was MXN-575 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was MXN1,137 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Controladora NemakB De CV's Earnings per Share (Diluted) for the three months ended in Sep. 2021 was MXN-0.19.


Controladora NemakB De CV Net Income Historical Data

The historical data trend for Controladora NemakB De CV'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.

Controladora NemakB De CV Net Income Chart

Controladora NemakB De CV Annual Data
Trend Dec17 Dec18 Dec19
Net Income
3,691.00 3,464.00 1,876.00

Controladora NemakB De CV Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,944.89 1,976.06 825.95 886.06 -575.25

Controladora NemakB De CV 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

Controladora NemakB De CV's Net Income for the fiscal year that ended in Dec. 2019 is calculated as

Net Income(A: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3637+-1144+0+-617
=1,876

Controladora NemakB De CV's Net Income for the quarter that ended in Sep. 2021 is calculated as

Net Income(Q: Sep. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-857.082+281.836+0+0
=-575

Net Income for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN1,137 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.


Controladora NemakB De CV  (MEX:NMKA) 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:

Controladora NemakB De CV's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2021 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.


Controladora NemakB De CV Net Income Related Terms

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Controladora NemakB De CV (MEX:NMKA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Librameinto Arco Vial Km 3.8, Garcia, NL, MEX, 66000
Controladora Nemak SAB De CV manufactures and markets lightweighting solutions for the Automotive industry. The company specializes in the development of aluminum components for powertrain and body structure applications. The product portfolio includes cylinder heads, engine blocks, transmission cases, shock towers, subframes, battery housings, and other products.

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