GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Keda Industrial Group Co Ltd (SHSE:600499) » Definitions » Net Income

Keda Industrial Group Co (SHSE:600499) Net Income : ¥776 Mil (TTM As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Keda Industrial Group Co 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. Keda Industrial Group Co's Net Income for the three months ended in Sep. 2024 was ¥248 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was ¥776 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Keda Industrial Group Co's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was ¥0.13.


Keda Industrial Group Co Net Income Historical Data

The historical data trend for Keda Industrial Group Co'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.

Keda Industrial Group Co Net Income Chart

Keda Industrial Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.34 261.51 1,005.76 4,250.93 2,092.00

Keda Industrial Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 751.29 72.64 311.47 142.99 248.44

Keda Industrial Group Co 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

Keda Industrial Group Co's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2633.859+-25.669+0+-516.194
=2,092

Keda Industrial Group Co's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=333.364+-50.875+0+-34.054
=248

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥776 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.


Keda Industrial Group Co  (SHSE:600499) 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:

Keda Industrial Group Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 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.


Keda Industrial Group Co Net Income Related Terms

Thank you for viewing the detailed overview of Keda Industrial Group Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Keda Industrial Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Huanzhen West Road, Guanglong Industrial Park, Chencun Town, Shunde District, Guangdong Province, Foshan, CHN, 528313
Keda Industrial Group Co Ltd engages in two core businesses, building materials machinery and lithium battery materials, as well as seed businesses such as clean coal gasification technology and equipment, flue gas treatment technology and equipment, and Keda hydraulic pumps.
Executives
Bian Cheng Director
Shen Yan Chang Director
Zhou Peng senior management
Ceng Fei senior management
Wu Zhen Director
Zhong Ying Zhou Director
Wu Mu Hai Director
Fu Qing Ju Supervisors
Lu Qin Director
Liu Xin Director
Hao Lai Chun Director
Shen Xiao He Director
Zhu Ya Feng senior management
Tan Deng Ping Director
Xu Jian Qing Director

Keda Industrial Group Co Headlines

No Headlines