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RISE Education Cayman (RISE Education Cayman) Net Income : $-7.65 Mil (TTM As of Jun. 2021)


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What is RISE Education Cayman 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. RISE Education Cayman's Net Income for the three months ended in Jun. 2021 was $-8.20 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was $-7.65 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. RISE Education Cayman's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was $-0.73.


RISE Education Cayman Net Income Historical Data

The historical data trend for RISE Education Cayman'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.

RISE Education Cayman Net Income Chart

RISE Education Cayman Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial -7.28 20.77 21.12 -20.25 -39.01

RISE Education Cayman Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21
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 4.11 0.22 -3.78 -8.20 -

RISE Education Cayman 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

RISE Education Cayman'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
=39.109+0+-79.645+1.523
=-39.01

RISE Education Cayman's Net Income for the quarter that ended in Jun. 2021 is calculated as

Net Income(Q: Jun. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-7.82+0+0+-0.376
=-8.20

Net Income for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.65 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.


RISE Education Cayman  (NAS:REDU) 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:

RISE Education Cayman's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


RISE Education Cayman Net Income Related Terms

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RISE Education Cayman (RISE Education Cayman) Business Description

Traded in Other Exchanges
N/A
Address
No.15 Baiqiao Street, Room 101, Jia He Guo Xin Mansion, Guangqumennei, Dongcheng District, Beijing, CHN, 100062
RISE Education Cayman Ltd mainly operates the English Language Training market which refers to after-school English teaching and tutoring services provided by training institutions to students aged three to 18. The company focuses on subject-based learning whereby various subject matters, such as language arts, math, natural science, and social science are used to teach English. It offers three flagship courses namely Rise Start, Rise On and Rise Up which are designed for students aged three to six, seven to twelve, and 13 to 18, respectively. In addition, RISE Education offers a number of complementary products to further enhance students learning experience, including Can-Talk, Rise Library Online, Rise Camp, Rise Workshop, and Rise Overseas Study Tour.