Far-Eastern Energy Co PJSC (MIC:DVEC) Net Income: ₽3,747 Mil (TTM As of Jun. 2023)

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.

MIC:DVEC Far-Eastern Energy Co PJSC MIC:DVEC
17 GF Score
Price ₽1.39
View Full Analysis

What is Far-Eastern Energy Co PJSC Net Income?

Far-Eastern Energy Co PJSC MIC:DVEC +2.58% 17 Net Income is ₽3,747 Mil as of Jun. 2023. GuruFocus rates MIC:DVEC with a GF Score™ of 17/100.

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. Far-Eastern Energy Co PJSC's Net Income for the six months ended in Jun. 2023 was ₽3,488 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was ₽3,747 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Far-Eastern Energy Co PJSC's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was ₽0.20.


Far-Eastern Energy Co PJSC  (MIC:DVEC) 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:

Far-Eastern Energy Co PJSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Far-Eastern Energy Co PJSC Net Income Related Terms


Far-Eastern Energy Co PJSC Net Income Historical Data

* Premium members only.

The historical data trend for Far-Eastern Energy Co PJSC'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.

Far-Eastern Energy Co PJSC Net Income Chart

Far-Eastern Energy Co PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,476.00 -9,202.00 1,094.00 1,653.00 2,713.00

Far-Eastern Energy Co PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1,549.00 104.00 2,454.00 259.00 3,488.00
MIC:DVEC
17GF Score
Far-Eastern Energy Co PJSC MIC:DVEC
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Far-Eastern Energy Co PJSC 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

Far-Eastern Energy Co PJSC's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3704+-991+0+0
=2,713

Far-Eastern Energy Co PJSC's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4346+-858+0+0
=3,488

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽3,747 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 ₽3,747 Mil mean?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a Net Income of ₽3,747 Mil as of Jun. 2023. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Far-Eastern Energy Co PJSC and its competitors.
Is Far-Eastern Energy Co PJSC's Net Income too high?
Far-Eastern Energy Co PJSC's current Net Income is ₽3,747 Mil. Overall, Far-Eastern Energy Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Far-Eastern Energy Co PJSC's Net Income compare to NEE and SO?
Far-Eastern Energy Co PJSC's Net Income of ₽3,747 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Net Income depends on the Utilities - Regulated 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 Far-Eastern Energy Co PJSC and its competitors. Far-Eastern Energy Co PJSC's current Net Income is ₽3,747 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far-Eastern Energy Co PJSC stock overvalued right now?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a current Net Income of ₽3,747 Mil. The current Net Income is ₽3,747 Mil. Far-Eastern Energy Co PJSC's overall GF Score™ is 17/100. 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 Far-Eastern Energy Co PJSC (MIC:DVEC), the current Net Income is ₽3,747 Mil as of Jun. 2023. 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.

Far-Eastern Energy Co PJSC Business Description

Address ul. Tigrovaya, 19, Primorsky Territory, Vladivostok, RUS, 690091
Far-Eastern Energy Co PJSC formerly Far East Energy Co PJSC supplies electricity to households and businesses.
17GF Score

Get the complete analysis for MIC:DVEC

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽1.39
Price