Korshynov Mining Plant PJSC (MIC:KOGK) Net Income: ₽-122.2 Mil (TTM As of Sep. 2023)

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MIC:KOGK Korshynov Mining Plant PJSC MIC:KOGK
17 GF Score
Price ₽215.00
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What is Korshynov Mining Plant PJSC Net Income?

Korshynov Mining Plant PJSC MIC:KOGK -1.74% 17 Net Income is ₽-122.2 Mil as of Sep. 2023. GuruFocus rates MIC:KOGK 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. Korshynov Mining Plant PJSC's Net Income for the three months ended in Sep. 2023 was ₽-122.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₽-122.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Korshynov Mining Plant PJSC's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was ₽-4.88.


Korshynov Mining Plant PJSC  (MIC:KOGK) 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:

Korshynov Mining Plant PJSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Korshynov Mining Plant PJSC Net Income Related Terms


Korshynov Mining Plant PJSC Net Income Historical Data

* Premium members only.

The historical data trend for Korshynov Mining Plant 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.

Korshynov Mining Plant PJSC Net Income Chart

Korshynov Mining Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,718.05 2,327.65 5,921.39 3,152.45 5,076.39

Korshynov Mining Plant PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 1,364.40 812.83 -670.07 0.00 -122.21
MIC:KOGK
17GF Score
Korshynov Mining Plant PJSC MIC:KOGK
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Korshynov Mining Plant 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

Korshynov Mining Plant PJSC's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6005.255+-928.869+0+0
=5,076.4

Korshynov Mining Plant PJSC's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-144.315+22.108+0+0
=-122.2

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽-122.2 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 ₽-122.2 Mil mean?
Korshynov Mining Plant PJSC (MIC:KOGK) has a Net Income of ₽-122.2 Mil as of Sep. 2023. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Korshynov Mining Plant PJSC and its competitors.
Is Korshynov Mining Plant PJSC's Net Income too high?
Korshynov Mining Plant PJSC's current Net Income is ₽-122.2 Mil. Overall, Korshynov Mining Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Korshynov Mining Plant PJSC's Net Income compare to NUE and STLD?
Korshynov Mining Plant PJSC's Net Income of ₽-122.2 Mil can be compared against companies in the Steel 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 Steel company?
A good Net Income depends on the Steel 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 Korshynov Mining Plant PJSC and its competitors. Korshynov Mining Plant PJSC's current Net Income is ₽-122.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korshynov Mining Plant PJSC stock overvalued right now?
Korshynov Mining Plant PJSC (MIC:KOGK) has a current Net Income of ₽-122.2 Mil. The current Net Income is ₽-122.2 Mil. Korshynov Mining Plant 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 Korshynov Mining Plant PJSC (MIC:KOGK), the current Net Income is ₽-122.2 Mil as of Sep. 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.

Korshynov Mining Plant PJSC Business Description

Address Ivashchenko 9A/1, Zheleznovorsk, Nizhneilimsky Region, Irkutsk, RUS, 665651
Korshynov Mining Plant PJSC is engaged in iron ore mining and processing in Russia.
17GF Score

Get the complete analysis for MIC:KOGK

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

₽215.00
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